Today, amidst the highly anticipated NFP (Non-Farm Payrolls) news release, it's crucial to keep a close eye on USD pairs due to their expected volatility. The daily timeframe chart indicates a potential breakout above a significant trendline resistance, which could have a substantial impact on the price of gold. Considering the technical analysis, there seems to...
GOLD bounced off the support level and retraced to resistance and fibo cluster. The market created the kill zone, where we have dynamic resistance and fibo levels. Price has already reacted to the level, and it could create a double top. If the market prints the double top, it's going to be a good confirmation to short the market. ------------------ Share...
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.
Good evening gold gang!! This is it! the new month is upon us and with it comes a big news day. Price has consolidated all day even during news, so this means we should get a nice strong movement tomorrow in the NY session We see big moves after consolidation so the question is, do we break to the upside or the downside? DXY chart shows a break of structure...
Update for the yesterday's setup on Gold. The market broke the neckline of a double top pattern, as it was expected. We saw a strong bearish reaction after its retest. Probabilities are high that the market will go lower. First goal remains 1936. Then - 1931 ❤️Please, support my work with like, thank you!❤️
Hey Everyone, We updated our 1H chart yesterday sharing a successful completion to our idea. Today please see our 4H chart idea which we shared Sunday and once again another idea completed successfully. We had 1917 Bullish target HIT and then waited patiently for the ema5 lock above 1917. We got the lock, which opened 1927 and 1941 target. Both these targets...
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.
Good evening gold gang! I hope you had a great day today like i did. Lovely reversal sells again from the level following the news! .. Precision as always So what have we got for the last day of the month! .. there is always some crazy movement on the last day where the big guys are looking to take profits, and accompanied by unemployment news, we could see some...
GOLD is consolidating following a break and close above the resistance. The market is decelerating while testing the significant resistance level. We expect a pullback to the kill zone: support at 1930, dynamic support, 50% fibo retracement, and then trend continuation opportunity from it. ------------------- Share your opinion in the comments and support...
GOLD is currently testing an important confluence zone based on a daily horizontal resistance and a falling trend line. Depending on the reaction of the price to that, I see 2 potential scenarios. Bearish To sell the market with a confirmation, watch a double top pattern on a 4H time frame. 1942 is its neckline. If the price breaks and closes below that, a...
Gold has been a bullish movement since it broke the 1900/1904 support level on 23rd August. Yesterday, it managed to overcome the EMA-200 on the 4HR Time frame upside to the 1948.98 price which was rejected by a daily bearish trendline and also the upper trendline of the recent ascending channel. Price will continue to short by price action to the next...
Everyone will inevitably suffer some grievances, and no one can hold his head high forever. The road of life is not easy to walk, bow your head when you should bow your head, and make concessions when you should make concessions. Only by being able to bend and stretch can one's heart be tough enough. Only by being able to endure grievances can one become a master...
The gold price has recently skyrocketed to a near-month high thanks to weaker US economic data. It's time to celebrate and take advantage of this bullish trend! As you may already know, gold has always been a haven for investors during uncertain times. Gold has again proven its worth with the latest economic indicators signaling a weaker US economy. This surge...
Hey Everyone, Another smashing day of riding the buys. EMA5 cross and lock above 1920 confirmed the 1930 and 1943 targets, giving plenty of time to get in for the trade for over 200 pips - BOOOOM!!! 1930 AND 1943 HIT!! We have a gap now open to 1954 which is also a resistance structure so need to keep this in mind and be careful when chasing. As long as we keep...
Hey Everyone, And we did it again!!! We got the cross and lock on 1920 to open upper targets and BOOOOM 1930 NOW HIT!!! Only the last gap to 1943 left. However, as you all know, we wont chase from the top but instead take from dips like we did today. We will keep the above targets and range in mind when taking buys from dips. Our updated levels and weighted...
GOLD is making higher highs and a higher close. Recently, it broke and closed above the consolidation zone. Price action created a high probability zone to buy the market where we have a fibo cluster and a strong support level. We anticipate a pullback to retest the support level and the trend continuation. ------------------- Share your opinion in the...
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.
XAUUSD D1 Nicely sat on our sell zone here, trading just shy of daily and H4 supply, I think we may be able to see 1940/oz. If so, this may be an area we look to signal and sell short dependant on the time of day and what's round the corner (ADP employment figures). We will keep an eye on this, as it stands, stops would sit at around 100pts which is a little...