Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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 the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
Hi guys
I want to share my own view for gold / xauusd
as we can see gold stuck @1768 which is trendline area on 8 - 1D timeframe
1837 area is important things , if gold still stuck and can't break 1837 as well he will continue bearish to the next support @1722
However if gold breakout @1837 he might continue to the next trendline @1908 maybe make...
As we can see
gold making falling wedge pattern on 4H timeframe , and potential inverted head and shoulder on 1H timeframe
which mean he will reversal until we got confirmation
the confirmation mean when he making high and higher low and then he making continuation pattern
however gold can be bearish if he still respect the previous resistance @1790
but if he...
FORECASTING 2020-2021 GOLD PRICE MOVEMENT BASED ON FRACTAL FIBONACCI ANALYSIS AND CHART PATTERNS. GOLD ILOCKS RAN ALL THE WAY THE HOME. SHE NEVER RAN BACK INTO THE FOREST AND THE THREE BEARS NEVER SAW GOLD ILOCKS AGAIN...
Be careful traders. Gold to become highly volitile in the months ahead. We have a long-term long bias on the PM however, always...
So the bearish ending diagonal in 15 minute chart is over , which is also the end of complex flat on 2 hourly chart. The Bullish trend has resumed, at least we are going to test the top of the sideways corrections from last few days ; 1210 .
The price action at that juncture will lead us if the prices are going to continue up or not.Have a good one , keep an eye...
In the weekly chart the movement of the GDX last month continues to decline out of the sideways channel and the triangle pattern is bearish. Although there is a rebound after touching the support at 18.55, bearish pressure is clear as long as the index value is still moving in the formed downtrend channel, or the index value is unable to move up above 22.93 as the...
Gold broke the downtrend line on monthlies and almost a retest to that few weeks ago, my call for long around 1322 till 1359 met the target yesterday, but still I see lot of potential in Gold to move higher, On dailies it had ABC correction and then a nice rally with some consolidation and finally reached the target, In my opinion the recent low looks like a multi...
