As we can see the gj is on the crucial support but if you see in left there is a reactive zone of lvl 188.261 and we can see a retracement form that lv please wait till that close close below that lv otherwise do not take teh trade os sells below that lvl
As we can see th egold is on all time high so I has to wait till gold break the lvl of 2163.837 after that i took the trade and you always look for teh 30 min closing i managed to take 60 pips 🤞❤️
As we can see gold on all time high so we should not rush it because if you see daily time frame of gold we can see that there is a chance for a good pull back so be wise remember its easy plase follw risk management only guys
We can not buy utill we breaak the 4 hour resistance lvl 2041 because this is the key lv for retarcement here be patient guys and what other apir or stock you want me to analysis ?
Guys we can touch that trean line and will kepp follow the trend and most likely if it break below and we can go down but keep an eye on trend line
As i mention ealier I said to execute the trade after the candle close above teh lv 2008.075 and it happened so We executed teh tarde and boom as i said earlier analysis It will reach 2012 zone for sure and that happened guy follow to understand the trading zone you can see i have one thing common the zones you will learn them eventually if you follow me
As you can see there was a nasty move by gold sudden drop buyt as you can see the 50 sma (red line) the candle get support from that sma and again going for the new lvl or will create a strong consolidation we can guess because in teh end of the day this is probability especially when there is a new came out so I cought 41 pips and make some profit happy friday...
Her as we can see the gold played out by news and sudden englufing candle in loss that is why I asked to wait after closing of the candle above 2008 lvl and then retest that lvl but after the news gold played out nasty that is why be patient
We can see there is the same scenario like gold long we can wait patiently and buy theabove 189.267 and then target the zone 189.530 so wait and watch
We can buy the new order after the candle will close above 2007.876 and then wecan target the 2012 zone for sure but after that we can see the retractment in big time frame so please be patient while placing new order or just watch the market
Here I executed my trade at given number here i was targetting the 2012.100 happy friday
OANDA:XAUUSD its consolidating and most likely I am looking for buys in 30 min time frame but only if it close 2006.661
Background Information: I’ll start by providing some context or background information about the topic. This could include recent news, historical data, or any other relevant information that would help understand the current situation. Analysis: Next, I’ll dive into the analysis. This could involve examining trends, comparing data, or discussing various factors...