Reason For Bearish 1. Stochastic Oscillator Overbought abobe 80 and ready for Bearish 2. RSI 14 @ 55 which Pushes to Sell Trend in 1H Overall Possible Outcomes XAUUSD/GOLD SELL @ 2030.60 SL 2036.5 TP 1 2024 TP 2 2020
Reason behind the Buy Projection Tecnical Reasons 1. Bullish Spinning Top In both Single/double Candlestick 2.Three Line Strike in Trible candlestick 3.Ascending Triangle pattern Formed 4 Keyfactor * Obey Strong Trendline @ 2030-40 * Obey Fibo Golden ration @ 2017 Fundamental Formation of Bearish Spinning Top in DXY pushes Lower and obet Trendline...
Reason Behind the Bullish 1. Bullish Inverted Hammer In Single Candlestick Pushes Higher 2. Three Outside Up candlestick Make the Buying Pressure and make continue of Uptrend 3. Breaked the Support 2045-50 last Week Overall Possible Outcomes XAUUSD Buy @ 2030-45 Sl 2015 TP 1 2060 TP2 2090 TP3 2150
Reason For Uptrend Continuation 1. Breaked the Downtrend line 2. breaked 1960 and retest the Support and make ATH Overall Possible outcomes XAUUSD BUY @ 1950-60 SL 1933 TP 1 12000 TP2 2000
Reason Behind the XAUUSD Bullish Setup 1. Fake candlestick Formation due to Obey of trendline and support @ 1810 2. Double Candlestick Confirms Half Confimations Bullish Engulfing and make the higher Movement 3.Three strike Line formed in trible candlestick and make Bull Movement 4. Hikake Bullish Setup takes the XAUUSD to Higher and breaked 1925 5. Decending...
Reason Behind the Sell 1. Bearish Spinning Top the further Sell side Movement towards Swing low of 1905 2. Symmetrical Triangle Bearish Continuation and Sell trend Expected teh breakout and TReady for strong Sell Movement 3. Obey Resis ,Trendlien and retest the previous High Overall Possible outcome XAUUSD SELL @ 1940-45 TP1 1905 TP2 1965
Reason For First Bullish 1. Inverted Bullish Hammer 2. Fake Bearish Spinning Top wgich make the retracement towards the Nearer Resis 1937-40 Reason For FALL/SELL 1. Double Top Formation @ 1940 2. Obey Strong Resistace and trend lINE @ 1940 3. Symmetrical Triangle Breakout Over Sell region Expectecd Over Possible Outcomes XAUUSD SELL @ 1935-40 SL 1955 TP...
Reason Behind XAUUSD Sell Projection 1. Stochastic Overbought above 80 and ready to make a Fall 2. RSI 14 Below 50 Which Makes the sell trend In 1h Timeframe 3. Market Clear ON Downtrend and Make the Sell Direction Overall Outcomes XAUUSD SELL @ 1920-23 SL 1927 TP 1910
Reason Behind the Sell Projection 1. Market Clearly on Strong Downtrend.The Bearish Spinning Top candle Stick Pattern Confirms the further Sell Movement towards 1890 which last week Low 2. Fibo retracement Indicator indicates the assset reach the swing High 1924-1930 and then Make continuation of trend 3. Breaked the support @ 1915 and retesting teh area Again...
Reason Behind XAUUSD Buy Limit 1. Clearly Obey the strong Support @ 1850 which is 8 month Low 2. Obey the Downtrnd Line and retest the trendline High of 1930 which is Upper Line Overall possible Outcomes XAUUSD BUY @ 1850 SL 1830 TP 1930
Reason Behind the Sell Movement 1. Bearish Spinning Top Confirms the SELL side Movement 2. Market Clearly Breaked Support 1900 which Make Positive for Sell 3. Market on Downtrend Overall Possible Outcomes XAUUSD SELL @ 1900 SL 1930 TP 1840
Reason Behind XAUUSD Sell 1H 1. Market Clearly in Downtrend in 1H time frame 2. Restesting Yerterday and Major Support @ 1952 3. We entered the trade @ 1962 which is our major Resistance 1 4. Stochastic Overbiught in 1H 5. RSI 14 around 50 which Makes the bearish trewnd in 1H Overall Possible Outcomes
Reson Behind the SELL Trend Projection 1. Breaked the Decending Triangle Pattern last Week 2. Breaked the Uptrend Line @ 1930 3. Breaked teh Support @ 1930 4. Black three Crows Confirms the Futher SELL side Movement Overall Possible Outcomes XAUUSD/GOLD SELL BELOW 1932 SL 1962 TP 1 1890-1900 TP 2 1854
Dear traders, we expect price to be bullish until it reaches 2000-2015 region.
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
OANDA:XAUUSD As you can see that gold has created channel and if it breaks the drawn level tomorrow (Monday- 17-04-23) and gives pullback then we can take entry at sell side. plan your trade accordingly...
Xauusd market was retesting a triangal Long trad Long Profit...
marke was make flag pattern wait for breakup or breakdown ......