# Follow for weekly technical analysis of Forex Markets.
Since I started to trade #forex my way of analysis changed a lot and I am sure it's going to change even more. Steemit seems to be a good opportunity to keep track of changes in my approach to forex trading and to see if my analysis works.

I do a ​technical analysis every Sunday to get the idea where is forex market heading next days/weeks/years​. Now I am planning to post it every Sunday on steemit. Tune in to see the best patterns and setups you can use to place trades or form your​ opinion.

# GOLD
![Screen Shot 2018-01-19 at 8.53.52 PM.png](https://steemitimages.com/DQmcq1EVWR7upUuXo6XBmoAmqVdcVjXNUBZ3g83q7CgKbHQ/Screen%20Shot%202018-01-19%20at%208.53.52%20PM.png)
I can see no reason why should gold go up, especially after I googled "gold on Mars" and found out there is a lot of ​just laying around like nobody cares. I would suggest selling​ near red resistant. Or wait until it goes down to blue support to buy. Gold is forming nice pennant and I am expecting big moves after it gets above or below the red and blue trendlines

## funny story
On my twitter [@Stepan_H](https://twitter.com/Stepan_H) you can see where I bought gold back in 2016. In hindsight​, ​I​ would definitely​ sell and it would be a ​great trade.

### comment
I am going to appreciate any comment regarding my bad English or if you want to read more of my fundamental thoughts regarding each technical analysis.