A move up can still happened, as for now it looks like a short.
We have a dynamic trend line break out and weekly pivot.. short here or wait for pullback..
Shukran, just meet as per target and still looking for the next move for gold! There is no right or wrong on other analysis, just learn and practice from basic before apply an advance techniques on your trading.
Gold has been incredible volatile in the past few months. The spike down in early august may have definitely blown some accounts. Price quickly came back up to carry on with its normal technical price action. We are now within a falling wedge leading to the impulse generation point of late March 2021. Looking for breaks of structures and bear flags to take Gold...
We have 3 drive and flip level.. potential area for short..
Dear traders, Welcome to another update from our side. Here we break down one of the pairs that we are going to have on our watchlist this week. (or actually for tommorow) Expectation is that the market will retest the strong area of support that it just broke up. Due to the fact that in general the GBP is getting stronger and the NZD is getting weaker we...
Just uploading here so I can review it, once the trade finishes.
XAUUSD iki senaryolu anlaliz orta vade kendim icin orta vade calismadir. ytd
Going short if we do not break the above trend
There is a Flat top (or anything you call it!) in XAUUSD 4h timeframe and it's breakout successfully, So 1860-1855 is a good area for Long position but maybe doesn't see that numbers again and goes up straightly. GOOD LUCK
GOLD XAUUSD Two possible scenarios for gold If the trend line breaks, it is possible to continue the climb and vice versa. -------------------- Be Different ... Hamid Rahathagh
Found broadening wedges pattern in TF-h4. However, I'm not sure if it is descending broadening wedges. Firstly, I thought it was a flag pattern, but the chart got wider and already broke the resistance line. I'm not telling this if it is gonna bullish or bearish because this can be a false break if it continues falling or bearish if he follows my prediction draw lines.
A potential move for gold using Fibonacci retracement. I expect it to pass the 1725 resistance below and retrace to the 0.236 level before continuing to push up to the resistance levels above. TP1 = 1735 TP2 = 1750 Please let me know your thoughts!
Hello Traders ✔XAUUSD Is Bearish and pushing to the downside ✔Price should retrace but only to the Broken Supply zone ✔Support zone broken and then expecting to be retested for confirmation ✔RSI is in hard bears Position so expect short opportunities 2200 PIP Analysis
AUDUSD has presented us with a nice reversal pattern at the end of a bull run indicating that it is about to reverse. If you haven't entered already, wait for the break of the neckline and a retest. See links below for more in-depth charts and analysis. Trade Safe!