in this video i mainly focus on confirming high and lows with proper logic
Gold currently consolidation on 1hr Tf. wait for 1 hr candle close below 1952.50.
Reason Behind XAUUSD Sell 1. Last Week Core CPI News Make the Asset to Move higher fundamentally whixh make the Break Resis 1940 and Later 1950 and presently located @ 1960 Which Over Immediate Support 2. Clear Rejection Over W Pattern due to Tecnical fIbo retracement @ 1980 which is also our Previous Support which react as major Resis Now Overall Possible...
gold at near resistance level look at levels getting resistance at level of 2076, may gold condition is strong
Gold next move like this , now running B wave after abc expect downfall in Gold.
Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (14-07-2023) -POSSIBILITY-1 If price breaks 1953-1950 area (i.e. Support area ) and stay below 1950 area, we will place Sell order in gold with target of 1945,1940,1933,1922 & stop loss should be placed at 1963. -POSSIBILITY-2 If price breaks 1963-1965 (i.e. resistance area )...
You can see the breakout of falling wedge pattern. So, we will wait for retouch and continue to up Trent for extra conformation. * Wait for retouch the previous resistance. * Buy after the second green candle finished * set the p&l ratio 1:4 for better successful trade * or you can take little risk at target price at 2037.50 Thank you! Happy Traders!...
Cup and handle formation in XAUUSD expected Resistance - 1983 Support - 1938
Although inflation is still well above the Fed's 2% annual target. This is likely to attract more central bank rate hikes in the near-term, with markets broadly pricing in a gain of at least 25 basis points at its meeting in late July. A host of Fed officials also forecast more rate hikes in the coming months, warning that core inflation remains high and at risk...
You can sell from this zone with 10-20 pips while short sl. of 20 pips
Get scalp trade of 10-30 pips easily from these zones. Wait and earn like pro.
XAUUSD news trading analysis with high frequency bucks high probalility setup
Inverted Head & Shoulder pattern in 4hrs TF. Once it break the 1970/1980 and retest the zone we can enter the trade on long side.
XAUUSD(GOLD) is currently trading at a 1925.565 levels which acts as a major support level (highlighted in the picture in red outline) in the daily time frame. A Long/Buy Side opportunity can be seen in the charts on the basis of simple breakout and retest basis. A pictorial representation of the same is shown on the right hand side part of the Chart. Risk to...
yesterday gvn gold abv 58900 or 59000 hit 59300 silver buy gvn 72000 abv hit 73500+++ usd index blw 101 hit 100 all gvn here with proepr update and entry lvl hope u enjoyed now nxt lvl stya tuned with us
Gold looking bullish may hit 1968 Strong Support at 1939 Resistance at 1969
Gold price rises to the highest level in a month after crossing a convergence of the 200-SMA and a six-week-old descending trend line, around $1,940 by the press time. The breakout joins bullish MACD signals to keep XAUUSD buyers hopeful. However, the overbought RSI (14) conditions suggest limited upside room, which in turn highlights a horizontal resistance area...