This is an idea not an advice or guide Bouncing off that EMA line, now looking strong downward momentum to reach stronger demands to push off to the top.
This is an idea not a guide Reasons for short Red engulfing after reaching liquidity area Head and shoulders formation VWAP arriving towards the demand area Price looking to stabilise before having enough demand to push off again
OANDA:XAUUSD It's my perception. Lets see.. DISCLAIMER : What I publish is my analysis for your overview. At your own risk.
This is an idea not an advice Reconsolidation M shape formation Close to resistance VWAP and EMA below, which will be the demand area
This is an idea, not a guide or advice We are currently observing a move to the down side after reaching liquidity zone, which was too much resistance. However, the downwards shift will test the demand area. If it holds, we will look for a move up to the current resistant area again. If it does break through that demand zone , we will possibly be looking at...
everything explained on the chart
Gold has been on a decline path within 6 months or so, now by getting support of Ichimuko and gathering strength from the previous bearish leg and also getting provided by enough support from lower boundary of the channel, IS READY to make a move and find its way up. So keep an eye on it and hope we'll see its drought come to an end. Trade Safe ...
Dont focus on your Right or Wrong. Just follow your plan, Market will answer
The Gold spot started the bearish Elliott wave on the daily timeframe. Right now, it's making the 5th wave. It has to cross 1824 - 1800 - 1776 to complete the fifth wave. The fifth wave will complete around 1690 . If there will be the upside breakout of wave 4 , then it's a failure of the Elliott wave pattern. And the target for the uptrend will be as...
the momentum Divergence's Tell Us a long term Buy on the way...
Gold is favorite tool for Hedge Fund managers and other big players, They discussing now if Stocks on peak and can get correction so they will join Gold to defend their portfolios. Gold range 2200 for upcoming weeks and months.
Key level: 1900$, if the price break down key level, we can see gold at 1800$
Welcome back Traders, Investors and Community! Analysis of #XAUUSD GOLD If you have found this useful then help us support my page by hitting the LIKE button. If you are not subscribed yet then please feel free to follow my page for daily updates and ideas. Thank you It means a lot to us! *** Strategy: Bearish BAT With potential Max R/R 2.09 - We will be...
The Gold spot has started to fall from the 6th of August 2020 and still falling. But it's moving downside with fluctuation in trend. It started to rise for a short period from the 30th of November 2020. And now, the trend will fall up to hurdle by crossing 1876 - 1872 . After the breakout of the hurdle( 1872 ), the trend will hit 1866 - 1860 . But if the trend...
if price can pass the RED BOX and White line we can go up to 2069usd but if price gets rejected from each level mentioned can back and test the support zone
I am bearish because, the pattern shifter over after hitting the 1875 area of support and reversing abruptly. The potential area of bounce or TP1 and TP2 Zones are the marked rectangles. Keep an eye on the false breakout area. It is possible but not mandatory.
Testing triple support! This may help confirm an uptrend if we bounce off of 12D & 200D SMA.
This would be an objective area for aggressive momentum traders to go long