This analysis for XAUUSD , GOLD on time frame 4 Hours.
For more than a month now, Gold is consolidating in a narrow range. It is going back and forth within this triangle pattern that I have drawn in my chart. What i can see here Gold already create new higher high & higher low, Gold already show us want falling more down. If price can breakout my SBR zone price falling between 1920.00 or 1880.00 strong support level. What i can see on DXY price at strong buying zone that mean high potential price can falling to the area i mark. If you want to make an accurate long term prediction, breakout will most likely clarify that. On time frame Daily what i can see triangle pattern for two option BUY and SELL price need to breakout on triangle resistance and support for confirmation. If price continue Buying i will update new mapping for this pair. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
I HAVE 2 OPTION FOR BUY AND SELL
1. You can entry SELL when the market open or set pending order SELL on charts. SL 15 - 30 PIPS
2 . You can entry BUY when Resistance zone breakout or BUY when price pullback on SBR zone.
GOODLUCK !!!
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For more than a month now, Gold is consolidating in a narrow range. It is going back and forth within this triangle pattern that I have drawn in my chart. What i can see here Gold already create new higher high & higher low, Gold already show us want falling more down. If price can breakout my SBR zone price falling between 1920.00 or 1880.00 strong support level. What i can see on DXY price at strong buying zone that mean high potential price can falling to the area i mark. If you want to make an accurate long term prediction, breakout will most likely clarify that. On time frame Daily what i can see triangle pattern for two option BUY and SELL price need to breakout on triangle resistance and support for confirmation. If price continue Buying i will update new mapping for this pair. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
I HAVE 2 OPTION FOR BUY AND SELL
1. You can entry SELL when the market open or set pending order SELL on charts. SL 15 - 30 PIPS
2 . You can entry BUY when Resistance zone breakout or BUY when price pullback on SBR zone.
GOODLUCK !!!
If you want update on XAUUSD , GOLD analysis, Kindly follow and like.
Feel free to comment your outlook and
Share with your friend.
Thanks you!
Comment:
PENDING ORDER SELL ACTIVE, NOW 75 PIPS RUNNING IN PORFIT. KEEP HOLDING!
Comment:
200 PIPS RUNNING PROFIT, CAN CLOSE HALF OR SET BE.
Comment:
NOW RUNNING 470 PIPS
Trade closed: target reached