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GOLD SPOT – Surges higher from the recent Major Fakey Pattern
Price Action: A Bearish Tailed Bar signal has formed (counter trend). Price recently broke up aggressively from a recent Major bullish Fakey Setup above 1752 key support.
Idea: We are considering buying on a deeper retracement whilst the 1752 to 1764 short term support area holds, ideally after a price action buy signal.
NOTE – You can trade Spot GOLD via the trading platform we use HERE.
SPI 200 CASH – Buying opportunity after multiple Pin Bar signals.
Price Action: Price recently moved higher from a large bullish Pin Bar signal that formed above the 7290 to 7325 short term support area.
Idea: We are considering buying on a retracement into the range of the prior Pin Bar signal, whilst the 7290 to 7325 support area holds.
NOTE – You can trade SPI 200 via the trading platform we use HERE.
DAX 30 CASH – Surges higher from the recent Inside Bar pattern.
Price Action: Price just broke out from a tightly compressed Inside Bar pattern.
Idea: We are considering buying on a retracement back to around the 16003 short term support area, right around the the prior Inside Bar pattern break out vicinity.
NOTE – You can trade DAX 30 CASH via the trading platform we use HERE.
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Chart Commentary Disclaimer: Nial Fuller’s and Learn To Trade The Market’s analysis and comments below should not be considered financial advice or a recommendation to trade or invest in any financial product. Your personal financial circumstances and risk limits have not been taken into consideration in the below analysis and comments. This newsletter is for general educational purposes only. Do not blindly buy and sell the financial products discussed in this newsletter. Always do your own analysis and research and be expressly aware of the risks and rewards in trading or investing in any financial product.
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