dear all wolfy traders i see this scheme for xau today till end of the london session must be a correction market so enjoy it
lets see what wants to happend again im going to test this downtrend that just begins in 15min and its correction in 1hour. I will share result
We were trading south of that $2000/oz price during recent trade, pulling as low as $1975/oz. Again, upside moves witnessed follow FED outlook, a lot of the pairs we follow and trade revolve around the USD and thus a soft USD means ***USD climb higher. Still focussed on that $2000/oz support price, the D1 trend is still valid and pointing to the upside,...
XAUUSD D1 - Long Setup So far this is the plan, scouting out support and psychological price of $2000/oz, to gear up for potential long positions. A solid confluence zone which stacks out fib corrective measure too. 3 confluences, with stops covering previous area of demand and support/trend lows.
Hello Traders, here is the full analysis. Watch strong action at the current levels for BUY. GOOD LUCK! Great BUY opportunity GOLD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments....
Weekly, daily bias bullish 1. Engulfing bullish on Friday 2. First target - take out highs of shorts at 2010. Second target highs of 2021. 3. If brake of 2010-2020 will be FB, double top will be made and we can see possible of 1980, which is likely less possible because of bullish bias and weakness of dxy. 4. Break of pwHigh and 2010 and confirmation above can...
Good day everyone, there is a shift of trend in XAUUSD 1H TF, currently it is making a LL for bearish trend, I am with the current trend. Lets see.
Hello Traders, here is the full analysis. Watch strong action at the current levels for BUY. GOOD LUCK! Great BUY opportunity NZDCAD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
XAUUSD D1 I hope you see the theme here for XAUUSD, in a bullish trending environment, we are ending the weeks strong, but seeing a subsequent rejections upon market open. Gaps downside as profit taking seen, as we gear up for the next bull run. Entries are difficult, because they're not pulling back to our support price. That being said, if we can highlight...
XAUUSD H4 Awaiting breakout from XAUUSD range here. Looking like a strong bull run this morning as we enter this weeks trading, no doubt in line with the softening/correcting dollar. Still technically in a range on the H4 which would need to break upside for deeper corrections, which may then tie in with 104.300. Nothing attractive in terms of entry at the...
XAUUSD H4 Now whilst we are seeing the dollar gain, we are still 'technically' in an uptrend with XAU here on the H4 timeframe, the dollar index is looking like it may want to correct a bit more, and this may see XAUUSD follow suit. We may see a short term retest on that $1940/oz price before dumping. Remember, trends are still valid until the HH/HL sequence...
Federal Reserve Chair Jerome Powell is expected to testify before Congress on Wednesday, potentially serving up more cues on U.S. monetary policy after the central bank paused its rate hike cycle last week. But gold came under pressure as the Fed also flagged a higher peak interest rate this year, which could herald more hikes from the bank as it moves against...
This is an update on my trades on Gold. In the last update I warned about further downside as there was pump and dump executed on Gold on OANDA, and we got that and then we pumped to macro-VAH and then rejected strongly from there. Right now, we are back the entry of our long, I am looking to play this long again but waiting for some confirmation. The previous...
XAUUSD H4 - Great move seen yesterday as the NA session came into play. Dollar gains and XAUUSD pulling down as much as 3R. We are seeing a retest of that same zone, looking for something very similar with practically mirror details.
The expectations of another hawkish raise in interest rate after the Fed meeting today are keeping the gold in downturn, pulling investments away from it and directing them into the US dollar. The daily graph is clearly showing a bearish trend for the instrument, the two indicators, MACD and RSI are giving sell signals as well. The MACD histogram is below 0 and...
Gold have been wandering sideways for sometimes now having no direction. This is 1hr timeframe having trend in trend. A break up of the yellow trend comes 1720 which if broken brings 1748 next and after which comes 1770s. While break down of the orange trend come 1695 which if broken come 1670s. Possible wide 4h uptrend in play. Good luck
M formation likely on 1h time frame before deciding to retrace, consolidate or continuation. To me the only thing likely to stop the bear is oversold condition. The journey to 1800-1700 look more real now though Relative Vitor Index showing some strange sign
After The asian lows sweep I Am looking to short after the asian highs get sweept and target the imbalance at 1832 price level Entry Will be on limit order