Hello,Traders! GOLD is trading along the Rising support line and The price will soon retest It and after that we will Be expecting a local Bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello Traders, I'm excited to share some insights on XAU/USD: The bearish channel has been successfully broken, and a new bullish trend has emerged. While the new bullish channel appears relatively narrow, it's important to remember that breaks above or below it may not necessarily indicate a change in trend direction. Here's our strategy: Keep a close eye on...
My dear friends, Please, find my technical outlook for GOLD below: The price is coiling around a solid key level - 2034.9 Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 2020.8 Safe Stop Loss - 2041.9 About Used Indicators: The...
Hi folks today I'm prepared for you Gold analytics. Some days ago price broke the resistance level, which coincided with the resistance zone and rose to the trend line, but soon it turned around and in a short time declined back, breaking the 2040 level again. In a short time later, Gold rose to the resistance zone and then continued to decline to the support...
Hello traders, we want to check the XAUUSD chart. The general trend of the market is bullish and the price has pulled back to the specified key level. We expect this level to play the role of a support level and the price will grow up to the specified resistance level. Good luck.
Gold (XAUUSD) maintains its Channel Down status since last December and so far has established the 1W MA50 (blue trend-line) as the current Support having been nearly tested 2 weeks ago. The current analysis is on the 1W time-frame, which offers a highly reliable long-term outlook. As you can see Gold has been on a highly symmetrical 4-year Channel Up pattern...
By checking the gold chart, we can see that the price, based on my expectation, was corrected when the price entered the range of $2038 to $2044 and fall from $2041 to $2035! I think that after an initial short growth, the price will fall to $2029 as the first target! To determine the next trend, we have to wait for the opening of the London market and monitor the...
Well since the price hit the daily order block mean threshold and grabbed the liquidity above the previous day's high it created a high probability sell opportunity for us. 💥Please pay attention: in this scenario, we need LTF confirmation. We should not enter as a limit order.💥 💡Wait for the update! 🗓️27/02/2024 🔎 DYOR 💌It is my honor to share your comments with me💌
Hello,Friends! SILVER pair is in the downtrend because previous week’s candle is red, while the price is evidently falling on the 4H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 23.138 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely....
Hello everyone! After yesterday's TP, the plan is changing; we're turning bearish on GOLD! - Here's my view on GOLD: - We have liquidity. - We have an interesting zone. - We have the optimal Fibonacci. - We have accumulation before/on the zone. - We are with the trend. Fundamentally, we have a very strong dollar, and as you know, when the dollar rises, GOLD...
As you can see, the price reacted bullishly after collecting the liquidity, created the inversion FVG, and shifted the market structure. Now I see the price can draw to the buy-side liquidity, here we have two bullish scenarios: 1- The price may go higher from here and create the bullish FVG, respect them, and grab all buy-side liquidity. 2- There is a clear...
last day we got 2 positions from gold by our strategy and we make 150 pips from area of last analysis
My name is Kieran Trewick and I am a full-time trader with 6 years of experience in the industry. With my coaching service, you will have the opportunity to work directly with me to learn the ins and outs of Forex trading and gain the knowledge and skills you need to become a successful trader. One of the unique aspects of my coaching service is that it goes on...
Preferred direction: BUY Comment: For the NZDUSD currency pair, both previous long scenarios are active. The considered target for growth is at the level of 0.62360 . Just like the AUDUSD currency pair, growth is expected mainly within today, but we do not exclude the possibility that the deal may last until tomorrow. Longer-term prospects for this...
Preferred direction: BUY Comment: The US dollar is in no particular hurry to recover, and especially if we are talking about AUDUSD . In addition to the Australian dollar, there are a number of interesting currency pairs for selling USD . Today we will look at short-term trade, mainly within the framework of intraday trading. We do not rule out that the...
Preferred direction: BUY Comment: The strong buy-priority for gold has been going on since the previous week. On Friday evening, as trading closed and the market left for the weekend, the instrument showed good growth, and sales at Friday’s highs were not able to significantly push the price down, as many had expected. The limit buyer here is one of the...
Preferred direction: BUY Comment: Probably the most confident major currency pair in terms of buy-priority for the upcoming trading week. The basis for the long was laid over the previous week, and even if a small downward correction can be expected at the beginning of the week, the buy-priority is still relevant both for the medium term (which we talked about...