jamevfan

jamevfan

This pair is still on an uptrend trending above the 200EMA it is also at a critical level at close in its current position, as you can see S&R zones on the daily are in place and the 4 hour is showing this pair is currently at a resistance level with a triple top noted. If this area is respected you will see the trend bouncing off of this area and retracing down...

jamevfan

Confluences: Reasons Why Gold could continue up! 1.Double bottom on the daily. 2.There is a strong level of S&R on the daily. 3.Trend is trending and supporting the 200 EMA and respecting those levels (Uptrend). 4.*Showing uptrend confluence on all levels. 5.There is a 4hr Demand/Order block. 6.There is a imbalance above current consolidation on the daily.

jamevfan

XAUUSD has been filling areas and trending above the 200 EMA on the daily and below the 200EMA on the lower TF'. It filled a GAP on the daily TF with a demand Zone (daily), the 4hr is in a downtrend and broke support and left a gap currently on the 4hr with a supply zone that has not yet been filled. We are waiting to see if it breaks resistance at 1939.48 area...

jamevfan

OANDA:XAUUSD 1st post here so bear with me, Gold has been trending down and in a consolidated phase. There is a strong level of support building on the 2hr around 1824. 433 and I’m looking for a break above the previous swing high around 1828 to signal a reversal for longs. I will wait until my setup plays out and not keep a bias either way