Gold futures. Today's matrix for intraday trading on m5 timeframe.
Hi everyone. My analysis done for my main timeframe 5m. I start from higher timeframes D1, H1 and move down to lowest m5.
Gold Futures Contract, COMEX — 12-20
My trading is based on market phases.For timeframes m5.
Detailed levels for buy / sell. On the screenshot below 🠗🠗🠗...
SAXO:XAUUSD
Simple Forecast As described in chart two Major levels 1925&1900.
Remember Gold Short Trend Temporary.
Future Trend Of Gold Is Up.It Will Go 2200 Till November.
Hi all traders,
For gold, im still expecting a move upwards
But we need 2002 level to be broken above first to confirm the further upwards
though we have a break out of the channel, we should be more buy biased and buy on every dip if possible.
Cheers!
Here we have seen gold attempt to correct back up to the the 1975-2000 area. you can see with the trend line it has been making lower highs. We then had another breakout to the upside price spiked up to resistance and got rejected at this major level. It corrected to support and climbed back up for one more rejection. This is the 5th time price has been rejected...
From what I'm "Speculating" I can see gold entering a correction phase soon after a huge push to the upside!
Keep in mind that bears might be able to take advantage of this situation and completely reverse the trend to our major support level!
REMEMBER! At any one of the plotted support levels, bulls can potentially re-enter the market!
If you find this idea...
Hi all traders,
Currently gold seems to be making consolidation phase.
As such, we will trade this channel till it says otherwise
If it breaks 2015, then we should see this continuation of upside for gold to continue.
Morning everyone!
As shared yesterday!
The potential of an inverted H&S is still valid.
Upside is still possible until 200ma is broken but as of now, 200ma is still holding so that's good
Cheers and stay safe!
Hello Traders Welcome Back.
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Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
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Please consider to put a like to my idea...
Hello Traders Welcome Back.
***
Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
***
Please consider to put a like to my idea...
Plan : resistance level (1) breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent...
Hi all traders.
Gold on h4 is showing as a potential inverted h&S confluence with 200ma with rsi pointing in the upwards direction.
With so many confluence, the possibility of a strong move upwards by gold is possible.
If neckline is broken , we will see some bull strength and for further confirmation, trend line must be broken.
DISCLAIMER:
My analysis is just a trading idea! As a trader you should consider your own risk:reward ratio and do proper lot sizing according to your margin and leverage level.
Good Luck!
Gold futures. Today's matrix for intraday trading on m5 timeframe. August 24
Hi everyone. My analysis done for my main timeframe 5m. I start from higher timeframes D1, H1 and move down to lowest m5.
Gold Futures Contract, COMEX — 12-20
My trading is based on market phases.
For timeframes m5. Detailed levels for buy / sell. On the screenshot below ↡↡↡...
Head & shoulder & ABCD PATTERN is formed Above is free 4H chart explanation No Daily changes so far after a very Bearish E.U. session opening on usually volatile Hourly candles. We can easily spot on Hourly 4 chart how the current slow falling consolidation is repeating the pattern of March 7 - 20 sequence. Stock markets and Bond notes are on usual levels but...
