This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Currently looking for buys on the smaller timeframes, a quick scalp for 10-30 pips is achievable with proper risk management. Looks to be a significant chance for price to push up.
Hey Traders, Here we are with the analysis of the gold, so far in higher time frame we are in bullish trend however we reached to one of the key supply area, and we expect to change the trend in lower time-frame which we can scalp on counter trend, So what we see is clear break of structure just bellow and you see change of character, So we wait for the price...
And with that last post, here is the breakdown of the trade we were expecting. Price action moved nicely going into the close of the 4h candle. Overall it was correct analysis, congratulations to those that followed.
Gold, after the opening of the day, first retreated at the 84 line, and continued to compete around 90, but in the U.S. market, it unexpectedly rose above the 98 position and then began to retreat, and continued to touch around 85, forming a three-bottom pattern , and in terms of the weak form in the near future, this action does not perfectly explain the signs...
Gold anticipated to buy After reaching the support and completing 90% rule of the pattern it has previously broken for the bears. A Buy signal should be seen along with candle stick formation as it takes off to the top. Already at the resistance, a reversal arc is seen with long wick candles showing rejection to the downside and formation of double bottom ,...
Hi traders We have a Deep Crab pattern on the 4H time frame in XAU/USD. We expect bullish trends over the next weeks in this asset. All the best!
Dear Traders, The TeconLab team has developed a new research method using price decomposition analysis to forecast future trends for currency pairs. Our latest analysis of XAUUSD (Gold) indicates a bullish outlook. Please review the attached chart and set take profit levels accordingly. If the trendline breaks to the upside, after it retest the trendline we get...
Looking at the 1hour timeframe the level we marked out 4h ago in the linked idea below was pretty much perfect, from here we can expect to see price retest the top of the range and if we're lucky, we may see a breakout to the upside so that we can get entries on buys.
We are back into the range we were stuck in last thursday, based on this I would be cautious on taking any trades untill we get a rejection at the support or a close below the support so that price can continue down. until we see price make a decisive move, I'd be wary of taking trades in this range as it can get messy.
We suspect gold has printed an important swing low at $1925, and are now seeking a move towards the $1950 - $1953 zone. The bullish engulfing candle on the 1-hour chart was accompanied with heavy trading volume to show demand around $1930. Yet the prior consolidation area has heavy volume around $1935, which means it is a potential level for support for dip...
XAUUSD Setting up for BUYS... After breaking out and above the 2-day range zone created from stagnant markets last week with buyers and sellers all piling up orders before nonfarm payroll on Friday we then saw gold push above the range and manage to close outside it after getting a validation retest off the top side, if gold can stay above the range zone and make...
Hey Traders, Our latest analysis on XAUUSD, so we expect bullish move in lower-time frames, We have clear POI in 1min, as I am writing we just touched demand area, We need to see more price in CP, so let'os watch out, As we can not share 1m analysis so here I share, but check it in 1-minute time-frame Any question comment me bellow, Thank you, @FxShzd team
Given the 4h candle has opened and created a very steep bottom wick within the first 10 minutes, I have a high expectation of price moving up and breaking the high, triggering the buy stop we have set and allowing us to scalp 10-20 pips with minimal risk. The 4 hour candle has closed above a level we have highlighted previously which is very significant as far as...
Looking at Gold on the 1hour halfway through the current 4 hour candle, we can see price is rejecting the range we have highlighted. Should price close above 1966, if price creates a bottom wick touching the 1963 and below level, before moving back up and breaking it's own highs above 1966 we can take buys immediately based on the fact we have closed above a key...
Falling Wedge has formed on Gold since April 2023. This has been a turn for the good. We've seen the price breakout and now we can expect the demand to continue. 7=21>200 - Bullish RSI >50 (Buy divergence with the level breaking the downtrend. Target $2,081 This will reflect on gold companies too which we can be bullish on. Happy to go long here.
GOLD is expected to rise ✔️ Recommended to consider buying from the balance and premium level Trade active: Now try to go up with new buyers... ✔️ Buy the dips!!!
GOLD technically still has a bullish trend while above 1930 but to conform bullishly should stable 1930 to touch 1953 gradually so now will try to touch 1930 and then will start a bullish trend but if breaks above 1930 by closing 4h then will drop to get 1921 pivot price: 1930 Resistance Price: 1942 & 1953 & 1973 Support price: 1921 & 1911 & 1900 The...