sell trend continues from daily candle. SNR works properly.
It's showing a fall due to these reason It's retracted the support after the breakout 2.its getting support from neckline plus support making it's more stronger due to double support 3. The trendline also giving a support 4. Overall meaning is it's getting support from three point mean it's a good situation for buying A good move gonna show here Just grab out...
Symbol - XAUUSD Gold has given a huge up move in recent months after breaking out of 2070 - 2080 zone. Gold went till 2430 on 12 April and witnessed sharp selling immediately from that level. After consolidating, It tested 2420 level today again and exhibited sharp selling from that level for the second time. XAUUSD CMP - 2392 I'm planning to short it between...
Gold retracemeant is started for the last second impulsive move. I mean for the past one month it gives two impulsive moves. Go for short on Monday ,maybe Asian session will be wild. Learn to trade by yourself.i am not a pro.
1. Price is out of regression, Thats an outlier movement, which explained the intensity of the impulse, its a characteristic movement of 3rd wave 2. Internal wave structures & Primary wave analysis, 5 sub wave of 3 primary wave is am extension wave, price structure is quite stiff and resembles with Climax Top 3. Cup & Handle pattern target has achieved, have...
Just sell for some days if you are a trader, If you're a investor then hold for multiyears. I am a trader so I am going to short . Reason lots of people trying to buy the gold now . This is not right time wait for some days. Because already central bankers bought at low price,but you guys hear the news late And you tend to buy ,they are going to offload now to you...
From a technical analysis, gold has been seriously overbought, not only on the daily and hourly charts, but also on the weekly level. In the past month or so, gold's crazy rise has been mainly based on expectations of an interest rate cut by the Federal Reserve. The trend of gold hitting new highs has caused the entire financial market to be shrouded in the...
As per the chart, some corrections have been seen around 2352 (which I have posted already) on Gold. So it does. Now buy on deeps around 2310 for the target of 1:2 RR or 1:3 RR.
GLD has completed the reverse Head and shoulder breakout target. Expecting to pause for few weeks or get a significant pull back.
MCX GOLD is currently trading at 68900. I shorted GOLD twice in last three weeks. One position was closed in 700 points profit and other went 1000 points in profit and then closed CTC. I'm shorting MCX Gold Futures once again at CMP 68900. I will add more short position if 69600 comes & will hold with SL above 70100. I think rally in gold is about to end and...
after the gap on 21st the buying potential looks faded and we can see a strong rejection then we have 4h bearish fvg and then filtered with 15mn another bearish fvg which is at the level of 66400 could be the selling or short limit with sl of 66800 and target of 65200 and second target at 64400
If, price below 61450 will trigger the liquidity of trades who entered recently because the price have not mitigated the order block below it 61200 and 61100 On the upper side, above 62700 63200 - 63400 - 63800 will be the sellers order block and fair value they will look to sell the remaining levels will be choppy trade level to level
Sorry for late update.... Past 4 week gold in uptrend in week Weekly time frm 1st pull back zone is 2231-2301 right now market need some correction if market cross and close 2196 4h correction will starts 4hrs deep buy zone is 2160-2150 once market comes this dip we can buy... in between other one mid zone found in 1hr (2186-2182) wait for the 4hrs 1st...
4h confrms high with my 3years research but buy pattern found in 4h ... also day dosnt confrms high if this current swing comes down and cross 2145.03 before touches 2170 then the high will be confrm right now in 4h current swing gives buy equals.. so 80% market will comes upside buy @2156-2151 sl 2146 tp 2158 tp 2161 tp 2170 tp 2180 tp 2195 notes: only for education
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst. If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you. 🔍 More Analysis & Trade Setups...
pervious analysis success is success... DAY doesn't confirms the sell... gold cross 2170 before touching 2145.03.... wait for correction and take a call... huge profit we made... stay tunes i will update tmr...
Reason For Bearish/Sell 1. Bearish Shooting Star Formed 2. Bearish Spinning Top in Previous Day Candle 3. Bearish Engulfing Formed In last week 4. Obeyed Strong trend Overall Possible Outcomes XAUUSD/GOLD SELL @ 2160-2170 SL 2210 TP 2140 TP2 2080 TP3 2040