Gold have shown bit but not convincing reversal signal. If gold is to be found below 1700 again the next target should be at 1695-80s which once broken comes 1677 a move to 1660s not ruled out. If the downpart of the yellow uptrend holds that keeps gold hopeful of move back to 1878 and year high. Break below 1660s to limit upside potential and kill dream of move...
Gold keep struggling to find comfort below 1823. Beside that the market has been choppy which is not fun to trade. And we all hoping on Fed Chair speech to be the next catalyst to kill the boredom. I see Powell,Lagarde and Bailey speech scheduled same time which means they're all be featured in one programme. I pray that that do the needful because personally I ...
Gold traded in 1820s-40 yesterday still inside the the descending trendline. 1840s now likely knocked out of the game. With the new resistance being at 1830 first and 1832-34 next. Gold is still bearish biased any move up to 1832-34 I will cautiously resell if hold with target to previous low 1821 scalping term and 1816-12 long term with possible breakdown. Gold...
Gold is going triangular trend pattern on multiple timeframe. Here is my view. If gold reject firmly at the blue zone that might trigger a triple tap reaction ahead of Chair Powell speech. For the time being the purple zone look like the limit for the bull. Generally Dollar still have upper hand. As you can see less hurdle at the downside for the bear break below...
Gold have been trading sideways for long now and this is what I expect from the metals from here. The purple trend line is a new downtrend formed on the 20mins timeframe which Is my favourite timeframe you can still spot the trend on 15mtf. The red uptrend is the last 2-4h trend which have already pull back and I expect the red to be broken by the purple trend but...
Technical Analysis Summary XAU/USD TREND ANALYSIS We have 1 Downtrend in red color We have 1 Uptrend in green color Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an indicator of strength of levels...
The 1on1 video is currently out, if you would like it in order to understand how to play my analysis FULLY, please let me know privately. All likes/comments and feedback are very much appreciated! How to play my chart: Buy at support, sell at resistance. When you open this chart you'll see a green entry and a red entry. When the candlestick hits the green entry,...
The 1on1 video is currently out, if you would like it in order to understand how to play my analysis FULLY, please let me know privately. All likes/comments and feedback are very much appreciated! How to play my chart: Buy at support, sell at resistance. When you open this chart you'll see a green entry and a red entry. When the candlestick hits the green entry,...
Technical Analysis Summary XAU/USD TREND ANALYSIS We have 1 Downtrend in yellow color I added only for explanation purposes to show where the downtrend was broken. We have 2 Uptrend in green color (Internal Uptrend and Long Term Uptrend) Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have...
Technical Analysis Summary XAU/USD TREND ANALYSIS We have 1Downtrend in red color (Long Term and Internal Trend) We have 2 Uptrend in green color (Internal Uptrend) Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use...
Technical Analysis Summary XAU/USD TREND ANALYSIS We have 2 Downtrend in red color (Long Term and Internal Trend) We have 1 Uptrend in green color (Internal Uptrend) Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use...
Technical Analysis Summary XAU/USD TREND ANALYSIS We have 1 Downtrend in red color We have 1 Uptrend in green color (Internal Uptrend) Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an indicator of...
Hey bulls we have seen some volume entering the game now, gold is on its way to 1900 $ on the volume indicator, I see some banks and big financial institutions put some liquidity to the market, XAUUSD is about to reach 1900 -1910 resistance area, the US retail sales MM previous was 0.8, the forecasting is 1.4 the actual is 1.7 The broad-based gain in spending...
Technical Analysis Summary XAU/USD From Past we hit the daily tested level at 1869.9 and are starting to hold the level aiming to break the internal trend TREND ANALYSIS We have 2 UPWARD trend in green color The wider the trend the stronger The trends are 1 daily another one more internal FUTURE PREDICTIONS We have many resistanse and support levels that I have...
The ENTRY/TP zones are all of your entries as well as your exits. Everything above the current candlestick is resistance, you would treat every zone above as a sell/potential buy break. Everything below the current candlestick is support, which you would then treat every zone below as a buy/potential sell break if it hits the pip rule. More info on the strategy...
Gold is redeeming the entire fall, which indicates that there is pressure from buyers on the weakness of sellers. We have broken through the support level and I think that after consolidation above the level, the price may rise to the lower border of the ascending price channel . ——————
Zones are pretty tight besides the entries, don't worry, it's all due to the huge drop from XAU this week + last week since it dropped straight through my daily and min 15 zones. Meaning make sure your entries are precise....easy wins! How To Play The Chart Entries/Exits: Buy at green support entry, if it breaks by -35 pips (count it out) then enter a sell and...
What does this chart remind you of? If you guessed right --> US30 during slow markets with tons of wicking. What happened then for US30? Very very very slow breaks and slow swings. That is the primary reason why the entries are widened, I have an early entry set just in case the market does kick with Gold early week. Don't trade between the b.s, enter before the...