2015 Has Been respected.
CPI will decide which zone could be tested.
Trendline has been tested multiple times.
Chances of breakdown looks likely Now.
In that case 1980 zone could be tested.
On Contrary, if 2015 is respected, 2080 zone could be tested.
No Bias.
Only level to level trades
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
Gold Is Down. Price Is Range between 2040 to 2020 levels. If The Price Will Break 2020 level Downside it Go till 2000 level. If not break Price will Be Range continue between those levels. This week CPI Comes So let's see what Happen Next. Good Luck For This Week.
We are looking to sell Gold at around 2027 Region for a target of 2015 region. Today, we have option expiries across various currency pairs, with a particular focus on the EUR/USD pair due to its significant volume. And this may impact on gold.
Greetings!
Welcome traders.
By choosing to "Follow", you can stay updated with the latest information promptly. Kindly consider clicking "Boost" as well.
Wishing you a pleasant day.
SELL GOLD 2037.50, SL 2040, TGT-2022
gold always maintain its DEMAND and SUPPLY , so its always following a range bond between 2010/2020, and upper side 2039/2062, and there is a again Block Order at 2038, so sell at 2037, and put a stop loss at 2040 and target same last time 2022. i analysis pure Smart Money Concept with BlockOrder, and Trend analysis, chart...
FOREXCOM:XAUUSD
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if...
The gold price was under the influence of two major events last week, the FOMC meeting and the non-farm payrolls report, which resulted in significant daily fluctuations; however, the closing price for the entire week resumed its position below 2040, without any clear structural breakthrough. The post-FOMC statement kept the probability of a rate cut in March to...
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
We are looking to sell XAU/USD at around 2033.80 with an objective of 2021. The forex fundamentals is really affecting the price action this week. The Take Profit is to be set at around 2021. The stop losses is posted at 2038
Gold price fades bounce off a two-month-old rising support line, failing to cheer the US Dollar’s weakness, as the 200-SMA hurdle again challenges the metal buyers ahead of the second-tier employment clues from the US. Not only the 200-SMA resistance surrounding $2,040 and the pre-data anxiety, steady RSI and sluggish MACD signals also challenge the XAUUSD buyers....
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
BUY XAUUSD 2034, SL 2030, TGT- 2054
Gold is now given Change of character (choch) at 2036 make a block order at
2034, sl low was 2030, and a big block order generated at 2056, so
price will be go at 2056
Greetings!
Welcome traders.
By choosing to "Follow", you can stay updated with the latest information promptly. Kindly consider clicking "Boost" as well.
Wishing you a pleasant day.
Reason Behind Bullish
1. StochastIC Oversold In 1H which Below 20 and ready for Bull
2. RSI 14 sustain above 50 and Bullish trend in 1H
3. Retested the breaked Zone @ 2034
Overall Possible Outcomes
🔹FX SIGNAL
GOLD BUY 2035.20
SL 2028.00
TP 2046.20
