USDSGD has recent topped with a beautiful rejection! We had the 50 fibonacci, channel AND an ending diagonal, all indicating a reversal! Now that we've topped, we can look for any pullbacks to add a position for the massive drop. Trade idea: - Watch for pullback - once pullback appears, look for a trendline break or structure rejection - Enter with stops above...
OANDA:XAUUSD 💎Gold Reversal💎 Golden Bears are starting to take profit sub-2000. Gold 100+ PIP Scalpers market for one week. First thing Mon May 22, Gold will launch and land at 2100 Wed May 24 Gold is going to the moon! -Richard Eyo “The Wizard” 🧙♂️
AUDUSD has given us 3 incredible setups in the last few months. Our first trade setup was after we broke the ascending trendline. We waited for a pullback and jumped in. Currently sitting at around 450pips. We also entered twice more on the clean corrections AUDUSD made. We are now anticipating one final leg down before expecting a reversal. Trade Idea: - Watch...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. After rejecting our 1800 support zone , Gold has been bullish making higher highs and higher lows. However, it is approaching the upper brown trendline that I consider an overbought area. Moreover, the 2075 is the current all-time-high. 🏹 So the highlighted purple circle...
Asia has given us a reversal setup right out the play book! All criteria met = higher probabilities :) Going for at least 2R
Chart analysis of resistance at $1831 for GOLD and potential targets in demand zone.
XAUUSD has broken structure on the lower time frame and we are aiming for higher highs. However if price is able to trade back into one of these demand zones, we would like to take the opportunity to open trades in these areas. We would like to see some sort of reaction in one of these spots before we begin to enter the market, so lets see how these playout!
I think gold can continue on its path based on one of these movement patterns
Possible Gold Retest to demand zone. Will price reverse to the upside for a Long-Setup?..
EUR/NZD is looking like it is coming to the end of its correction there for i am looking for buy opportunities. I would like to see the price come down further before entering a long position but if price decides to keep pushing up i will wait until price has broken the trendline & re tests structure.
The USD interest rate will be released on July 28 If the dollar strengthens, gold will experience a heavy fall if this idea is true. gold goes to price1670
In our previous analysis, we were looking to short on the break of trendline. Once broken. price consolidated a bit and then dropped 330pips so far! We will be looking for the second entry on the break of the next correction. Look out for a bear flag and enter on the break of the flag. Goodluck and trade safe!
This double bottom pattern has formed on the daily chart of XAU/USD (Gold) and is ready for a breakout. The two bottoms are marked with the lower yellow line; the neckline is marked with the upper yellow line. My potential entry level is at the cyan line. My potential take-profit level is at the green line. Stop-loss can be set to the low of the breakout candle...
Several days before, gold was moving in a bearish trend, but if we look at the gold price entering the demand area in the past. I went into smaller timeframes and found a possible reversal pattern and maybe gold will form a cup and a handle. disclaimer on! gold is a high risk financial instrument.
Hello everyone, if you like the idea, do not forget to support with a like and follow. Here is the top-down analysis for GOLD, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
Gold price retraced, however a new leg with more momentum could occur. Price could easily tap $1830 which is in confluence with the -27.8% retracement fib and the downward trendline.
Just to show how the rupture of trend lines often indicates a future reversal. In a 5min time frame this chart would look much better, but we can still notice it. If we see an anomaly both in regards to the trend line, volume contrary to the price, and or a specific candlestick, be aware of a trade opportunity.
Currently pending reversal on XAUUSD. Expected to reverse before US Session Today.