Weekly Price Action Setups & Trade Ideas | Oct 14 - Oct 19

gold breaks key resistance level 2ndskiesforex

Chris Capre’s current price action and ichimoku trades: EURCHF, USDMXN, BIR, TLS

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XAUUSD – MT Key Resistance Taken Out (4h chart)

Price Action Context

After roughly 2 months of consolidation, bulls took control this week and cleared the key resistance zone ~1215 which changes the price action context and structure.

Trending Analysis

MT bias changed to bullish after the break of this key resistance which now should act as support. Looking …

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