4th August daily key reversal bar, made a new low closed off the high dictation for strength ahead. price require time to build energy. buy gold with low risk, add more buying if price comes down to retest low area of key reversal bar. stop loss below 1925. target: 1949 & 1954.
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Consolidation Phase Completed " 12 " Impulsive Wave Strong Support Bearish Channel in LTF Break of Structure
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Break of Structure Support Level Bearish Channel in STF with the Breakout of the Upper Trend Line and Completed the Retracement Divergence - RSI Fibonacci Level
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed Impulsive Wave " 12345 " and Correction " ABC " and Forming its Next Impulsive Wave Bullish Channel Pattern in Short Time Frame and Long Time Frame as an Corrective Pattern with the Breakout of the LTL in LTF and Rejection from LTL in STF Strong Support Level ( 1925 / 1930 )
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Head and Shoulder Break of Structure Completed " 12345 " Impulsive Wave and " A " Corrective Wave Demand Zone Bullish Channel as an Correction in Short Time Frame
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Bearish Channel as an Correction in Short Time Frame Fibonacci Level - 61.80% RSI - Divergence Competed " 12345 " Impulsive Wave and " ABC " Correction Break of Structure Falling Wedge in LTF and Rejection from LTL
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Gold perfectly respected a key horizontal resistance and a falling trend line on a daily, forming a double top pattern. The neckline of the pattern was broken this week and it is a very important sign of strength of the sellers. I think that the market may drop lower. For entries, consider the underlined confluence zone based on a trend line and the...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Bearish Channel in STF as an Corrective Pattern Completed " 12345 " Impulsive Wave Break of Structure RSI - Divergence Fibonacci Level - 61.80%
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Last weekend Gold fell more than bullish trendline, it could be that at this time the price entered into the correction period. If you see, the price is held strong enough in the resistance area which in my opinion is also a liquidity area. Usually areas like this in the future will be pierced. Therefore, I try to add Elliot notation to this analysis chart,...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Bullish Channel in LTF Break of Structure Completed Impulsive Wave " 12345 " and Making its Corrective Wave " A " Fibonacci Level - 78.60% Bearish Channel as an Correction in Short Time Frame RSI - Divergence
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed " 12345 " Impulsive Wave and " A " Corrective Wave Break of Structure Bullish Channel in STF as an Corrective Pattern Fibonacci Level - 50.00% / 61.80% Demand Zone
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Bullish Channel in STF as an Corrective Pattern RSI - Divergence SMC - ChoCH Completed " 1234 " Impulsive Wave Break of Structure Support Level
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
We still believe it will fall & hit the target area. The prediction for its fall is technically as well as fundamentally.
We are still on sell opening position from resistance & keeping our prediction in one way by following the retracement levels.
I am waiting for the continuation of the downtrend yet I have two important areas for short and will wait for PA in these levels