The price failed to breach the 2665 supply level and reversed from the high, closing at 2638. The OANDA:XAUUSD remains in a downtrend, indicating a range-bound trading pattern. The price is expected to swing down to the 2615 to 2606 range before reversing back to 2665. Consider going long near the demand zone highlighted in the chart.
The OANDA:EURUSD is currently in a downtrend, and any price bounce presents a selling opportunity. -These bounces are temporary. -Last Friday, a bullish candle was formed, but the price is approaching a supply zone marked on the chart, which is approximately between 1.03400 and 1.03800. -To reverse the trend, the price must sustain itself above this supply...
After the breakdown and approaching support, the price moves below with a strong, bearish candle. Following the breakdown, the retest presents a short-selling opportunity. The trade 5:1 risk-reward ratio.
The triple bottom and the previously tested support indicate a potential bounce back. The long setup is detailed on the chart.
The price broke and closed below the recent low and made a change of structure; As the price breaks low, we can expect another impulsive selling move, and every rise is a selling opportunity. The levels are marked on the chart.
The price tested the supply/resistance trend and very much chance to retrace below before breakout. It is a chance for a short position with SL's recent high.
-Price is rejected from the supply zone and created a long wick as a symbol of the rejection -It will test the near-demand zone, around 142.500 to 142.800. -Bounce is expected from that for the supply area again. -If the price breaks the near-demand zone, then the subsequent demand is near 140-800 to 141
-The price bounces from the demand zone for the price rejection area and is rejected with a long wick -It is in an indecisive area where we can expect both side's movements. -If again retests the demand zone, then it is a long opportunity with low risk for the target of the price rejection area. -All the demand and supply zones are marked on the chart.
-The price makes the higher low and lower high in HTF. -As the structure suggested, there should be a slight bounce back for the supply area for the further downside -The sell setup is invalid if the price breaks the near-demand zone. -The demand and supply zone is marked on the chart
-The price is broken after crossing the critical level 1.10983 -Now, the price is taking the support around 1.08900, and this is the double button pattern; the previous swing is also on the same level. -This is a good buying area with a small SL, which is near around 1.0888 below and target 1: 1.10100 and target 2: 1.10800 -QM buy setup and demand zone also in...
-The Price is struggling in the supply zone, which is around 2070-2090 -Before jumping to the resistance area, the Price needs to retest the 2040-2010 demand zone -The overall trend is bullish, and buy on dips
-The trend is a downside, but last week's price retrace to the supply zone -Before the price move, the upside need to retrace to 22.90-23.20 -The best 22.50-22.70 is the long opportunity -The above 24.33, we can see the next supply zone 25.50
-Trend is upside as per the current scenario -The demand zone is 2007-2019, Supply zone is 2038-2050 -Long near 2008-2008 and SL 1999 TGT 2040
-The previous week, the price reached the Supply Zone -Then faced strong resistance, which is marked on the chart -The supply zone is 1.10175 to 1.09880, and the near-demand zone is 1.08505 to 108185 -Per the trend, it is still uptrend, so every dip is a buying opportunity.
-The price inside the channel is not improving, and again, retrace the downside. - The price was rejected from the same supply zone and is now headed to the downside. The next demand zone is 1.06200-1.05900 -Every bounce is a selling opportunity.
-The price is sustained, and on every downside, the buyers push the price to the upside, and the trend is upside only. -If we see the chart, the demand zone and the higher-low swing are maintained. -This is the buy-on dips setup. -The buying area is near 183-184. Then, if the price falls near 181, a strong demand zone will be reached.
-The Gold is not able to hold the 2000 mark, and after making the triple top, which is the bearish sign, now lands below the 1950 psychological level -The LTP is 1937, which means again it will touch the previous week's low, which is near 1900-1880 -There is a slight bounce change near 1911-1905 for 1940-1950, but this is a short opportunity if the price remains...
-EURUSD is jumped last week and not sustained on the major supply zone -Now it is retraced to the near the demand zone, which is marked on the chart -There is a low-risk long trade near the demand zone with SL 1.04657 TGT 1.06365