XAUUSD / BULLISH ABCD Pattern + 61.8% We can long GOLD at 61.8% *Disclaimer - This analysis alone DOES NOT warrant a buy or sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a proper trading plan and risk management approach.
XAUUSD Supply zone you can find other patterns such as Inside Bar or Bearish Pin bar Use Lower time frame to enter will be a good choice
XauUsd: Channel down has formed (CP: 1229.6) Bearish movement expected... Possibly price can reach 1220-1212.5 Conviction: Mild
Expecting a bullish movement after the retracement is done and the bearish flag is broken OR we might shoot straight up, price action will tell.
XAUUSD TECHNICAL CHART -Price is losing momentum to the upside; -Price has completed an ABCD structure. *Disclaimer - This analysis alone DOES NOT warrant a buy or sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a proper trading plan and risk management approach.
XAU/USD – 2H Chart • Possible bullish pattern, with a probability of an Ending Diagonal in Minuette (c) (orange), which could lead towards a completion of Minute II (green) and a bullish impulse in Minute III (green.
Fundamental analysis: Last week, due to risk aversion mood by investors and Trump criticised on FED's policy, gold price rose up that broke through the descending trend line since April 12th. Since DXY has already entered its descending tunnel and gold price needs more stimulates in order to rise even higher, I would expect the gold price to be fluctuating in the...
XAUUSD / INSIDE BAR BREAKDOWN
XAUUSD Supply zone you can find other patterns such as Inside Bar or Bearish Pin bar Use Lower time frame to enter will be a good choice We can short gold now, SL above 1215 TP: 1173
XAUUSD HIGH-RISK SETUP BUT SMALL LOSS! If the price doesn't break that minor zone or start to stall too much, then we don't have a trade. Simple as that. After all, we might be wrong, but we have an SL for that, RISK MANAGEMENT for that and patience is a blessing in this game. Thank you for support and likes. Feel free to comment below.
XAUUSD SELL OPPORTUNITY Potential pullback or corrective structure in short term.. Thank you for support and likes. Feel free to comment below.
XAUUSD Technical Overview: Week Pivot: 1191.82 Week Key Resistance: 1200.74 - 1206.16 -1215.16 Week Key Support: 1182.90 - 1177.4 - 1168.48 Technical Indicator: Moving Average: SMA 200 (1196.65) & SMA 55 (1198.28) strong resistance for gold. RSI: The indicator shows downward momentum & having strong resistance at 53.41 level (See in chart) Technical...
XBTUSD Technical Overview: Trading Range: $6,430 - $6,788 Key Resistance: $6,630 - $6,676 - $6,743 - $6,788- $6,945 Key Support: $6,548 - $6,491 - $6,464 - $6,420 - $6,364 Technical Indicator: Moving Average: Simple Moving Average 100 ($6,570) & SMA 200 ($6,574) strong support for Bitcoin intraday. RSI: RSI lacks bearish momentum & strong support at RSI...
Gold has been very choppy. Waiting for a breakout of this consolidation zone to lower support. People may have caught the breakout of the underlying bullish trend line but if you haven't be patient as we are consolidating. Anything is game, though good insight towards a further drop for a SELL - as we have strong bearish movement on this pair. Cheers...