Gold is going to Rocket Up 🚀Disclaimer: This is not a trading call, but simply my personal analysis.
Observation: On the 4-hour timeframe, there appears to be an order block and liquidity present. Based on this, I believe there's a possibility that gold could attempt to fill this liquidity gap and potentially mitigate the order block this week.
Trading: This analysis is for informational purposes only and should not be considered trading advice. Please conduct your own research and due diligence before making any trading decisions.
Xauusd4h
XAUUSD ASCENDING TRIANGLE PATTERN 07.01.24Reason 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
Overall Possible Outcomes
XAUUSD BUY @ 2020-2030
SL 2000
TP 1 2074
TP 2 2100\
TP2 2154
XAUUSD BUY PROJECTION|NEW HIGH EXEPECTEDReason 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
XAUUSD DOWNTREND CORRECTION STARTED 08.10.23Reason 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 Broadaning Formed and push the correct over the trend line @ 1900
Overall Possible Outcomes
XAUUSD BUY @ 1810-1825
SL 1780
TP 1 1860
TP 2 1880
XAUUSD Sell Continue & Bearish SpinningReason 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
XAUUSD SELL+SYMETRICAL TRIANGLE 10.9.23Reason 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 1910
TP2 1870
XAUUSD SELL PROJECTION WITH RSI & STOCHASTIC STRATEGY 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
XAUUSD BEARISH SPINNING TOP + SELL PROJECTION 27.08.23Reason 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
Over all Possible Outcomes
XAUUSD SELL @ 1924-1930
SL 1955
TP1 1900
TP 1854
XAUUSD 1H SELL PROJECTION 25.07.23Reason 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
XAUUSD SELL TREND CONFIRMED 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