RSI 14 ABOVE 50 and it indicates Buy trend in 1h Stochatic Oversold AND READY FOR bUY Overall Possible Outcomes 🔹FX SIGNAL GOLD BUY 2125.80 SL 2118.00 TP 2141.20
Reason For Bearish 1. Obey Strong Resistance and Trendline @ 2035 2. Bearish Spinning Top in 1h Timeframe 3. RSI 14 below 50 which Bearisg Trend in 1h Overall Possible Outcomes 🔹FX SIGNAL GOLD SELL 2034.50 SL 2040.00 TP 2020.20
Overall Possible Outcomes 🔹FX SIGNAL GOLD SELL 2042.50 SL 2047.00 (-45 PIPS) TP 2030. 50 (+125 PIPS) Reason Retesting Yesterday Low Breaked Minor Support @ 2044 Obey Major Resistance @ 2055 in 4H Trendline
Overall Possible Outcomes 🔹FX SIGNAL GOLD SELL 2053.34 SL 2058.34 (-50 PIPS) TP 2043.10 (+100 PIPS) Reason Behind Sell 1. Obey Golden Ratio 0f 0.618 @ 2055 2. Obey Parallel 4H Trendline 3. Retesting the DAY BREAK of 2030
Overall Possible Outcomes XAUUSD SELL @ 2030-37 SL 2048 TP 2010 TP 2 1980 Reason For Sell 1. Bearish Engulfing 2. Bearish Spinning Top 3.Parellel Downtrendline
Overall Possible Outcomes XAUUD BUY @ 1975-80 SL 1955 TP 1 2010 TP 2030 Reason Obey Stronger Support & Trendline @ 1970 which also act as Fib Retreacement of 0.5 Level
Reason Behind Bearish Setup 1. Bearish Engulfing Formed in Double Candlestick Pattern 2. Bearish Spinning Top Pushes to Sell 3. Retest Lower Trendline @ 1980 Overall Possible Outcomes XAUUSD SELL @ 1927-30 SL 2050 TP 1 2010 TP 2 1980
OANDA:XAUUSD The price of gold (XAU/USD) is experiencing a remarkable surge on Friday due to escalating geopolitical tensions in the Israel-Palestine conflict. In times of uncertainty, traders are turning to the precious metal as a safe haven, while the US dollar (USD) is also strengthening. The escalation of the conflict in Gaza has led Israel to shift its...
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 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
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
This is for long term Before entering your trade do your own research!