Short Term Sell Zone SELL-1902-1998 SL- 1905.50 Tgt- 1894 | 1891| 1885
My analysis today deals with how the further course of our most popular precious metal "GOLD / XAU" could look like. For this I have carried out a "MULTI-TIME-FRAME" analysis, which refers to the higher time units (month - week - day) and thus makes the big picture visible. Normally, all time units below "1h" are called noise, but even a - 1h-4h - analysis is of...
Setup Contains: 1. Stop Hunt 2. HTF Point Of Interest 3. Break of Structure 4. Return To OrderBlock FOLLOW PAFX & TRADE LIKE BANKS 💸
RSI divergence is observed in Gold from last few sessions. It's better to Square off long positions at the earliest and wait for sometime because RSI divergence indicates bearish sentiments and we can expect a good fall very soon
Gold is showing a change in DOW theory Made a Lower High, so, expecting a Lower Low Chart pattern seen is Head and Shoulder, if breaks neckline then good short. Target marked in the chart above.
GOLD - Descending channel formation at day chart Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient. Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Crude Has been trading in a sideways zone from past some time but if we look at the bigger picture crude is facing resistance in its major resistance zone. Moving averages are now flat indicating the price is flat and upside momentum is lost. price is taking support from the trendline. If the trendlibe break there might be a posibilty that price might test its...