i hope all of us doing good uick update on gold h1 chart last few days market running on consalidation face lot of buy and sell orders building their big players one its done market moves buy or sell side we are able to anticpate our big players lets move on targets
1919 holding above next target open on 1937,1941
1941 holding above...
The price reacted drastically in its pursuit to cross 1950. After the positive economic data, it's retesting 1928, 1920. If the decline continues it might cross 1912-15 zone and drop to 1902 and further 1886 levels. The larger trend is Bullish. We should wait out for the price to react at our areas, reversal might take place. This retracement could be the part of...
Following the current bullish trend, the minor bearish wave on lower timeframes is coming to a halt. Gold is supported by the strong level at 1920 and 1900 respectively, which will be enough volume to see it soar towards 1953 and 1980, the remaining porting of q1 2023. We will have to wait and see how these two support levels behave before entering long and daily...
Gold buyers appear to run out of steam as traders await the key advance US GDP for Q4 2022, following the five-week uptrend. A one-month-old rising wedge formation joins recently sluggish oscillators to tease the metal sellers. However, a clear downside break of the $1,917 support appears necessary to confirm the bearish chart pattern, which signals a theoretical...
Gold from its lowes level getting trendline support Reach out such high where its created Resistance which is tested multiple time and failed to break still…
If this time it will break and 1hr candle close above the resistance we can see such big up move….!!!
KEEP AN EYE ON IT….!!!!!
As of my opinion the XAUUSD is at crucial point now. If it breaks this point the target is 2019.00 ; If it takes u turn the target is 1788.00. USD is getting weaker day by day in the last couple of months. It's have more chances for long trade. Please wait for the confirmation here.
USDJPY has been setting up for quite some time for the next big move. On the daily we can see that we are in an ABC correction and its just a matter of time before the next impulse down.
Watching for lower timeframe bearish momentum and then jumping in with targets of 300pips as first target.
Goodluck and trade safe!
yesterday market playing our favour if dont see the previous analysis preview before jumping jump in to today analysis i hope all of us doing good quick update on gold h1 chart
1899holding above next targets open on 1906,1909,1913,1916,1920,1924,1928
1909 holding above next targets open on 1916,1920,1925,1928
1916 holding above...
Reason For Bullish
RSI Above 40 and tends to be begin the bullish
Stochastic 5,3, 3 Oversold and make the movement higher
Approaching support @ 1930
Aseet ready to touch yesterday high of 1842.50 again
XAUUSD chart says everything .trading in channel .it have monthly bearish alt bat harmonic pattern, alt bat d point will act as strong resistance .bearish move can seen,bullish move will seen only close above resistance area.
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Supports: 1793, 1989, 1785, 1775
Resistance: 1798.50, 1802, 1807, 1815
If you believe in chart patten it is creating a bearish flag&pole pattern. A breakdown of 1793 will bring it down to 1789/1785/1775 level.