📈 GOLD / USD 📉

GOLD falling to 1945 support. I think bounce is very close. The question is how far it will wick. Another strong line at ~1921 which was previous year all time high.

@WiseForex #XAUUSD #Gold #XAU

📈 S&P 500 Index 📉

SP500 still under all time high 3398.2 at Oanda chart. Now volume is coming, bulls are pushing price up. If they won't succeed this rejection can start bloody waterfall. If breakout... well, in this case gold will fall lower than I wrote above =)

@WiseForex #SP500

📈 S&P 500 Index 📉

SP500 shown us the beginning of bloody waterfall after the rejection from all time high. Today we have a bounce. They might be some growth even tomorrow, but I doubt that SP500 will break above all time high (even above ~3390) before the weekend. And if it won't next week we will see the real blood.

@WiseForex #SP500

Brent Oil at daily showing signs of bulls weakness. Another bearish factor for whole world economy, as oil represents world health now.Nearest support at ~43.5

@WiseForex #Brent #Oil

Trend Continuation Patterns

@WiseForex #continuationpatterns

Sorry for long absence, took a vocation, as didn't see any possibility to have one in the nearest future.

Look at Oil chart. 20 days ago I've noticed bulls weakness and now we witness retracement week. First visible bounce happened yesterday, but it may easily continue lower to 38.77 / 37.84. Stocks are joining the bearish show. Looks like COVID is coming back.

@WiseForex #Brent #Oil

Stocks were pushed by Trump's fed bzzzz machine and grown to record 3588 value, but in the end even that bubble dumped. We can see big volume picking up the dips here - signal that SP500 may consolidate or even bounce back to ~3444-3500. I think Oil prices will give more realistic picture of what to expect, so stocks are secondary here.

@WiseForex #SP500

📈 GOLD / USD 📉

GOLD was always there as an indication of real value. Now consolidates before the next big move. If stocks/oil drop, Gold will be the one to save your ass. But if it drop below 1900, we may very well see it at 1800. The following days will show, if 1930 is strong enough to hold Gold from that bearish scenario.

@WiseForex #XAUUSD #Gold #XAU

Not the end for SP500. If we will see it above ~3420, no doubts it will grow higher towards 3500. Right now still within consolidation range, but the fact it made higher low makes it look much less bearish than last week.

@WiseForex #SP500

📈 EUR / GBP 📉

At daily EUR is way too high. Time to accumulate short position starting from 0.925 target one of lower support zones: 0.913 / 0.91 / 0.908

@WiseForex #GBP #EUR #EURGBP

📈 EUR / GBP 📉

Short entry at 0.925 ✅

Targets: 0.913 / 0.91 / 0.908

@WiseForex #GBP #EUR #EURGBP

Dollar Index fell to another year SR level at ~92.2. And it doesn't look strong enough for a bounce yet, although another test of that support can give it another chance.

@WiseForex #DXY #DollarIndex

📈 GOLD / USD 📉

GOLD moved towards 1968 resistance. Hard to say, if it has enough momentum to break it. I would certainly not recommend to long it from here - only in case of breakout and only on re-test. If breakout fails, we will see it pull back to ~1945. If succeed, going up to ~1992.

@WiseForex #XAUUSD #Gold #XAU

📈 GOLD / USD 📉

GOLD seem to be growing towards ~1977 resistance. Going long till there. Possible breakout to 2000-2010 as well. But I feel safer fix half profits at 1977 and then decide if I want to go short or let the other part grow higher.

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@WiseForex #XAUUSD #Gold #XAU #FTX

📈 Dow Jones Industrial Index 📉

DJ starting from 28200 towards 28300 and 28425. If rejected at last resistance, will pull back to 28200. If breakout, next will be 28615.

@WiseForex #US30

"ENDO International" (pharmaceuticals) near the trendline. Breakout may take it to $3.48. I'll be waiting for pullback at $3.

@WiseForex #Stocks #ENDP

Wells Fargo been having an awful year. If you check 12 months chart, its a bloody waterfall. Therefore I'm not considering it for long term trade, but I hold some and will sell on 27.5 resistance. From current price it makes 7% profit (but I hold it from 25$). Might grow higher within "dead cat bounce" price action.

@WiseForex #Stocks #WFC

HeadHunter Group is online service for finding job and recruitment. COVID increased unemployment a lot, so HHR should be feeling really good now. And since we have second wave coming, will be feeling even better. Now at resistance, so not the best spot to buy. Will be looking for entry at 21.5 (bullish at 21.75).

@WiseForex #Stocks #HHR