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Welcome back folks, weekly review for four X.
Can we get the dollar index on the left daily four?
I want to, right.
We've had a little bit of a consolidation still continue for this
pair versus in a higher consolidation in the range we may be looking for.
Uh, another run above that 1 0 1 75 level going to 1 0 180.
So we have to be mindful that you're a dollar.
We may be looking for a breakdown on this pair a little bit further.
Uh, one more pass below that 1 0 4 80 level.
If we fail to get the low, rather than one to five, again, we'll be looking
for buy-side liquidity at 106 81 0 6, 10 has been traded to filled in the gap.
So we'll see if are going to be a continuation, sell off
for swing trade pound dollar.
Uh, we've seen a rejection at the buy-side liquidity run at 1 25 60 a buy-side
liquidity in the form of rejection block was hit, came back down inside
the middle of the range exactly between.
The low at 1 23 40 and the high at 1 25 80 or so we'll be looking for further
information from the market, whether or not this pair wants to go higher or lower
right now, it's still in consolidation.
Again, it's day traders market only in pound dollar Euro pound.
Um, still looking like it wants to trade lower.
We're aiming for our lower objective, that 83 45.
Uh, for a rejection block, if we failed to go lower and trade back
above the 85 big figure that will give us a run potentially 4 85 50.
Apart from that, we're still inside of a larger consolidation as it relates to
the dollar index in all the major so far.
So we're have to wait for a new infant.
Aussie dollar.
Okay.
This thing is held up.
I think if we break below the 76, 50 to 76 40 level, we'll make a run for the south
side liquidity before, although 76, 15.
Um, apart from that, we'll probably just consolidate between 77 45 and 76 50.
Della CAD at this pair is back in the middle of consolidation as well.
This is the reason why we're pretty much sidelined as a re resulting,
uh, analysis across all the major pairs is that we're in consolidation.
So it's hard to make between trades and this condition, as you can see
all pairs of going back to the middle.
So.
I counsel, you remember this when we're sitting on our
hands, there's a reason for it.
Okay.
So every, every pair is basically going back into the middle
of the present consolidation.
Nothing's changed on dollar category.
Okay.
Dollar again, we may be looking for a run to 1, 10 90 for a bullish or block
retest, and we have sell side liquidity, which is not noted in this chart,
but it's below that 1, 11 41, 11 50.
And we may be seeing that run for.
One 11 big figure, essentially.
But if it disbelief that we'll be looking for a bouncer, Paul's
at 1 10 90, not terribly, uh, bullshit bears from his payer.
Obviously I'm only giving him my comments, but yeah, it looks like it
may be going a little bit lower than.
Okay, gold hit our object at 1255 and alternately up to 1260,
which is a long-term objective.
Right now.
We may consolidate between the 1250 and 1260 level for a day or two.
If we come down lower than 1240, I think we have concerns.
To make a run on the liquidity at one at 1230, but otherwise we're looking for
consolidation and higher prices from here.
Silver.
Uh, we just below the 1835 objective, if you go out to your
hard timeframe, weekly chart, you'll see where that level comes from.
I'll leave that for some homework for you, but we also, uh, are
noting a higher level draw at 1850.
So 1850 is most likely upside objective for silver.
If we go back below, below 1800, it's probably on the enemy term high.
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