If DXY continues showing weakness and we see a USD fall/pullback, and all conditions remain favorable and no sudden discourse with the war situation, this may as well turn out to be a very likely scenario.
Good luck and DYOR,
TVC:GOLD
Hy dear Members. Hope you all are enjoying our ideas and analysis. Now we are here to discuss about GBPUSD. GBPUSD has breaked the main Rising Wedge Pattern. Now it has again Completed Retesting. It has maximum Chances we can see a good drop in price upto price level 1.08
Keep in touch we will update further soon.
Gold Analysis Monday 7 November
Gold performance last week: Gold made high at $1682 and closed at $1681.
Today, gold opened at $1672. Support is at $1654 and resistance is at $1686.
Fundamental events today according to Pakistan time
01:40 PM, European central bank President speech
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.
Hello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the XAUUSD, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities.
Lower timeframe:
During the last...
28th September & 21st October daily key reversal bars made a new low closed on the high. 1665 resistance area sill hold and need to break for further bullishness confirmation. Demand zone: 1628-25, even 1618-16. stop loss: 1613. Initial target: 1665, long term target: 1708.
Gold Analysis Friday 4 November
Thursday Gold performance:
Gold opened at $1635, made high at $1641, and low at $1616. Gold closed at $1629, $6 less than Wednesday's Closing.
Today gold opened at $1639. Support is at $1622 and Resistance is at $1658. Trend is almost positive and volatile.
Fundamental events according to Pakistan Time
05:30 PM, USA average...
Hy team Hope you all are enjoying our ideas and analysis. Now we are here to discuss US30. US30 Exactly moved According our analysis. Now here we can see a small Retesting. And after that it will again follow Bullish Trend. Keep in touch we will update further soon.
Gold Analysis Thursday 3rd November
Wednesday Gold performance: Gold opened at $1648, made high at $1669, and low at $1634. Gold daily closing was at $1635, $13 less than Tuesday's closing.
Today, Gold opened at $1637. Support is at $1625 and resistance is at $1655. Trend is negative and volatile.
Fundamental events today according to Pakistan time.
05:00 PM...
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Gold Analysis Wednesday 2nd November
Tuesday Gold performance:
Yesterday gold opened at $1633, made low at $1630, and high at $1657. Gold closed at $1648, $15 higher than Monday's closing.
Today, Gold opened at $1652. Resistance is at $1670 and Support is at $1625. The trend is volatile.
Fundamental Events today according to Pakistan Time.
05:15 PM US ADP...
Sell GOLD
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Gold Analysis Tuesday 1st November
Monday Gold performance, Gold opened at $1644, made high at $1645 and low at $1631. Gold closed at $1633, $11 lower than Friday's closing.
Today, Gold opened at $1639. Support is at $1625 and Resistance is at $1654
Fundamental events today according to Pakistan Time
06:45 PM, US FINAL MANUFACTURING PMI
07:00 PM, US ISM...
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.
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 Analysis Monday 31 October
last week's Gold performance: Weekly low was at $1637 and the Weekly closing was at $1644.
Today Gold opened at $1644. Support is at $1625 and Resistance is at $1660. Trend is negative and volatile.
Fundamental events according to Pakistan time.
06:45 PM, USA CHICAGO PMI FIGURE
Previous 45.7
Market expectation 47.8
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