Short XAUUSD | Gold | Technical Analysis day frame RSI of Gold is below 60, and in 4 hrs time frame RSI is near 40, so Day frame RSI will try to pull back the 4 hrs RSI as per non conventional RSI strategy, GO for short guys Dont forget to add stoploss Happy trading days #XAUUSD #Short #Gold #shortXAUUSD #Technicalanalysis #Forex #forexmarket #Profit #...
Here marker is downword trending and current market price is very close to the trend line, so it is highly probable that market will also fall
Buy at current level but Short if break down the trend line in short time frame to win position with 1:1 risk reward ration
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As gold reaches very close to strong resistant and very close to above parallel line, now this may be the right time for reversal, If WAR doesn't take place then market will start declining from here only, but in case of war, no prediction can be made for short.
NZDUSD recently break the key support level, again reach the same level for re-test, then it is expected to have a down fall from this level
As market touches the upper end of triangle, it is high probability for a reversal till TP1 at least as this is my first post, please ignore my language part, or give feedback to me
Current market in running between long term parallel lines, now moving to reach parallel resistant, then there is heavy probability of trend reversal upto level of 1820, that means you can hold buy till market reaches 1912-1915, then there must be a reversal, after trend reversal, XAUUSD may come to 1820 but it may take a while And please be active at 07:00 PM ,...
Current market position is very near to all time high of approximately 4-5 year, and forming a M shaped chart pattern, but we have to wait till market closed below 155, because it will reconfirm the downward trend, also RSI will indicate downtrend. Good trading day.
All says now market will go up, but because of divergence study, it is highly expected to me for a short position with 1st tp 1835 2nd tp 1800 and 3rd tp 1770
market is in between of ZIG ZAG in a trend line support and resistant, now it is very near to support and a mean resistant as well, but there is high probability to consolidate the market close to the resistant and then will broke the resistant after a short pull back. good luck guys, have a great trading day
We can make GBPJPY short if, RSI comes below 50 in 4hr time frame, As current level is approximate to all time high in 4-5 year, so there is high probability for a down trend from current level.
As XAUUSD makes a triangle in Weekly chart, and buyer size is active in current market hence it is expected that gold move upward till it hit the weekly triangle upper side, then it will start falling un till it reaches to the level of 1890. try to take the advantage of this opportunity, as this kind of opportunity not encountered daily