We saw XAUUSD Short Because, XAUUSD Ascending Channel Breakout.
XAUUSD is making bearish flag, on breakdown of flag expecting price to fall til 1855 and 1835.
XAUUSD 15MNTS Sell setup wait for conformation and enter this trade
As we can clearly see a bear flag pattern in 2 hr time frame .Here we will get the good trade in the terms of risk and reward in both the directions just after the breakout or Breakdown of the consolidation phase in either direction. I am more confident towards the shorting side as compared to the long side just because of the short term negative sentiments of the...
#XAUUSD Looking for Buy trade setup as I mentioned in the Chart.! Keep Supporting LIKE, COMMENT And FOLLOW.! Thank You.!
Gold bears remain unconvinced as they retreat from the key support, despite pulling back the metal from a multi-month high the last month. While the downbeat RSI conditions challenge the latest bearish momentum, MACD seems to help XAUUSD sellers as they try to break the 11-week-old support line near $1,860. It should be observed that the 50-DMA level surrounding...
We saw XAUUSD Long Because, XAUUSD Rising Wedge Breakout Then XAUUSD 50% Retracement.
Technical Reason Behind the Buy 1. Retest the Support and trendline of 1830-1840 after the Huge Fall 2. If the Market retest tehZone of 1830 then See a Clear Strong Sell Candle which make the THree strike whiteline Pattern Formation and make the Further buy Fundamental Reason 1. Dxy clear Downtrend in 1d candle and Make teh short Buy correctioj ober 103.8...
Hello traders! 1. We see 5 distinct waves each with their own seperate qualities as clearly mentioned on the chart. 2. We see and ending diagonal in wave v , which was followed by a swift and sharp wave (A). 3. Wave (A) retraced 61.8% which also happens to be a major resistance of the XAUUSD market on the daily tf. 4. Wave (A) also divides in 5 waves...
This is my analysis for XAUUSD(gold), for further details plz go thru the chart as I've marked everything there.. For entries u can look @ lower TFs and manage ur risk as per ur risk appetite.
trade the money you are willing to lose happy safe trading risk management, great reward gold trade, good trade OANDA:XAUUSD
Gold may see abcde pattern Low 1900 is support. We may see higher high 1910/1922/1933 for the target of 2000
XAUUSD trading at 1956 after yesterday event, expecting it retrace to 1945-1941 level before making new high for 1965-1975. Do look for some positive signal if trying to enter long around 1945.
DISCLAIMER: The Company accepts no accountability or obligation for your trading and speculation results, and you consent to hold the Company innocuous for any such outcomes or misfortunes. We are not financial advisers or account managers; We are Forex traders. The recordings on this channel are rigorously for educational and amusement purposes. Trading Forex...
As predicted earlier gold is on a bullish run which had a deep correction down to 1910. Price continues to trade above 1920 which will act as a pivot point for the current trading setup. sAME RISK MANAGEMENT HAS TO APPLY IN THIS SETUO AS WE TARGET A BULLISG=H TREND TOWARDS 1950 and 2000 Q1
After pleasing buyers for six consecutive weeks, Gold prices are finally on the bear’s radar even after bouncing off $1,900 round figure the previus day. The rising wedge confirmation and bearish MACD signals do favor the metal sellers ahead of the key event. However, the downbeat RSI and a likely dovish rate hike challenge the downside bias. That said, a...
DISCLAIMER: The Company accepts no accountability or obligation for your trading and speculation results, and you consent to hold the Company innocuous for any such outcomes or misfortunes. We are not financial advisers or account managers; We are Forex traders. The recordings on this channel are rigorously for educational and amusement purposes. Trading Forex...
its all about probability in smc most of the time first and last order block work after IDM & ENG LQD respectively . please use 1min time frame for entry to reduce your risk and increase your R:R ratio