market have swept asia high and idm took upside liq and mitigate ob and gave choch so on that after taken the idm we take entry and profit 4 h idm area and then we look for buy side
Formation: A bullish wedge pattern typically forms during an uptrend when the price of gold is making higher highs and higher lows. Shape: The pattern resembles a narrowing wedge or triangle with converging trendlines. The upper trendline connects the highs, and the lower trendline connects the higher lows. Duration: The pattern may take several weeks or even...
MARKET HAVE TAKEN THE IDM SWPT ASIA HIGH ENTERING AFTER CHOCH And idm up to 4 h idm profit
gold spot eyes on 1995 if hold blw mkt than expect 1990-1985$ where support 1977 only stya blw thna nxt dwn rally possible other wise mkt will again rise with hurdle support 1977@ or abv 2000 sustain than may be go to 2016--2040+++ more lvl stya here
Currently, gold is still fully above the H4 framework price increase channel. Unless gold breaks out of the upward price channel, the trend for gold will still be up. Conversely, if gold breaks out of an upward price channel, the trend will be bearish. On the daily chart, the histogram is still rising and no such deviation is seen on the daily chart. Even...
The price of gold fluctuated within a narrow range yesterday. It opened at 2006, last Friday's closing price. In the early Asian session, it had fallen below 2000, and the rest of the day the price stayed within a tight range between 1990 and 2000 throughout the rest of the day. 1-hour chart - The uptrending momentum has slowed down. The price broke out from the...
The global gold market has witnessed strong buying activity in the past two weeks. Investor demand for safe havens has increased amidst escalating tensions in the Middle East. Gold prices have marked their third consecutive week of gains. At the time of writing, the Gold market is trading at $2000. Based on the 1-hour psychological level analysis chart, $2000...
Its been a while since I have used Elliott to signify an upcoming trend., Although my significance is on that continuing triangle breakout. Let's see how it performs.
Gold Alert! 📉 Just spotted a BULLISH engulfing pattern in the XAU/USD trading zones. 🐻💸 Time to pay attention to potential market reversals! 📈📉 What's your strategy in this gold drama? Share your thoughts below! #GoldAnalysis #XAUUSD #BearishEngulfing #TradingAlert 📊✨"
Taken gold sells in pre london session...Played out well
Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (30-10-2023) Current price- 1973 "if Price stay above 1976, then next target is 1987 and 1997" and below that 1962,1955 -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Our trading Preference Trading...
Gold Is Bullish. Major Level is 1990 Which is H4 Retest level. 1980 to 1975 level is Major , If This level break down side, Gold Down Trend will Start. Good Luck for This Week.
Gold maintaining the bullish structure and moving higher day by day and now trading above 2000.On Daily TF also it is under bullish pressure and maintaining the HH structure. This week main event is FOMC and before that we can expect some range bound trend but as you know that current gold bullish rally is also supported by middle east war. On Intra day TF watch...
Marked are the swing price levels for silver. Time candles important in the past were: 10-25-23 7:51 PM 10-26-23 1:35 PM 10-27-23 7:18 AM Time candles important for today are: 10-30-23 6:11 AM 10-30-23 11:55 PM Please mark high and low of these candles to find out the impact on trend. I am not a Registered Analyst with any of the National/International...
Gold Update - Since my last post Gold did follow my plan and led to a significant move to the upside. - Remember we don't trade any patterns my conviction was based on merging Fundamentals along with technical analysis. - The Global Scenario for gold looks bullish and commodities overall will remain bullish in a market where we have chances of the war getting...
Market now correction phase completed and breakout the trend line resistance level with strong bullish candle formed and wait for the confirmation at lower time frame level of 15 minutes chart then retest complete after entering the trade
It's time to buy position to expect 50 pips target at the resistance level