Hlo traders I hope you are searching best chart pattern. Currently xauusd make a tragnle pattern of 15min so please wait a proper breakout and breakdown.
GBPUSD is right now testing at weekly resistance and also been rising for last 6 weeks . It may seem for correction here at this moment with target at fib. retracement at 61.8 . Stop loss just above the weekly resistance . You can trade accordingly with proper risk management . Also , this week we have BoE interest rate decision in view and also the GDP report on...
On Friday, 5 May 2023, Gold price got rejected from the All-time high levels of 2050-2070. The drop resulted in formation of a DAILY BEARISH ENGULFING CANDLESTICK PATTERN as well as an EVENING STAR CANDLESTICK PATTERN at the ATH resistance levels, which shows sellers are active at this level. Checking out previous price action, the GOLD Price is trading in a...
gold long after break out olny m15 1:2 with stop losse 50% target done then rest break event
Having refreshed a multi-month high on the Federal Reserve’s (Fed) dovish rate hike, the Gold buyers appear running out of steam as markets await the US Nonfarm Payrolls (NFP) data. That said, the quote’s repeated failure to provide a daily closing beyond an upward-sloping resistance line from late January 2023, close to $2,068 by the press time, teases the XAUUSD...
Today, i will be looking to Sell towards that zone before any buying analysis.
Reason For Bullish 1. RSI 14 Above 50 and tends the Market Trend Continuation In 1h 2. Stochastic Oscillator Oversold and ready to Move above 20 and Pushesh Higher High 3. Three Black Crows Formation Indicates Bullish formation
market is fully bullish and it makes higher high . now it it make new break of structure(BOS) and now wait for taken out IDM and tap on order block(OB) TELGRM - @akforextrade
Today, i will like to talk about GOLD which has given us quite interesting Price Action. I would be looking for a buy to Sell model
We saw XAUUSD Short Because, XAUUSD Consolidation Level Breakout or xauusd short for retest .
Tomorrow, as the first day of May, 2023. I will be looking for SELLING which is my ultimate goal but there might be a BUY before the SELL.
Repeated attempts to mark a downside break of the HKEX:1 ,980-79 support confluence comprising a fortnight-old symmetrical triangle, as well as the 200-SMA, keep Gold bears hopeful of posting a third weekly loss in a row. However, a six-week-long horizontal support zone around HKEX:1 ,935 appears a tough nut to crack for the XAUUSD sellers, especially amid the...
Gold looks good for a new high now Support in 1980-1983 range base consolidation is done and now can take break-out trade for a target of 2045-2095
Gold latest move in 1 hr time frame may breakout from symmetrical triangle and reach to 2005- 2012 📈 range before falling down . But if broken previous week high at 2015 may lead to test resistance at 2020. If not broken symmetrical triangle can lead to 1950-1960 📉 support range and will also broke the daily bear flag which will give the confirmation for further...
Today, I will look at GOLD which has given us quite interesting Price Action. I will be looking for BULLISH move. DISCLAMER Am not a financial adviser, I just posted this analysis based on my market understanding. Risk Management is important.
Gold or XAUUSD analysis Symbol: Gold or XAUUSD Time frame: 4 hours Analysis: Presently we can observe divergence, SO, we can expect downtrend movement up to 1870 but in case if the price crosses above the parallel channel with high volume and in MACD, if the price crosses above zero, then, we can expect target up to 1230. HOPE our analysis is...
XAUUSD can be bought at the marked level for profit target with SL shown in chart.