Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
OANDA:XAUUSD A simple analysis of the gold market based on market structure, next week gold could continue down to the buy zone, then I expect it to rise to fill the imbalance and form a head and shoulders pattern, after which we'll have a high probability configuration for the downside. What do you think? Follow for more.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Despite Friday's report that showed U.S. consumer sentiment slumped to a six-month low in May, the US dollar rose. The Gold commodity has been a popular inflation edge, but the sentiment in the market is looking "mixed" as worries that political haggling to raise the borrowing cap could trigger a recession in the US. In this regard, the XAUUSD chart reflects an...
Gold tumbles from the previous session’s record high of above $2,080 to clings at the key level at $2,000 as data from the US Labor Department on Friday suggests no pausing of rate hikes in June. As market participants settle down to digest the latest development in the market, close attention will be on the consumer price index data for April and May ahead of the...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Gold is all overall Bullish. Long term. However, since forming a strong Evening star variation at an all-time high re-test my sentiment has since shifted from an uptrend to a short term and definitely intraday downtrend. The weekly chart is still bullish. I believe the Daily chart just formed its higher low, price will now either created a new higher high or...
The previous week witnessed a risk-averse market atmosphere that helped the US Dollar find demand at the 1,970 area as a safe haven ahead of the FOMC. Economic data from the previous week reveals that though inflation is falling, it still remains well above the Federal Reserve's annual goal of 2% hereby increasing the expectations of another 25 basis-point...
Gold prices continue to trade below the 2,000 level for the second week straight hereby maintaining its choppy situation on the charts which has been attributed to the uncertainty over the path of interest rates decision by May 3rd; It is expected that events in the coming week should make things much clearer. Economists project that the Federal Reserve will agree...
Hey there, so we have had quite a quite market as of late especially with the every increasing talks of further rate hikes. That being said, in today's Midweek Review we look at: - AUDUSD CPI figure release and why it did not move the markets - USDCAD trade review - XAUUSD short beginning to line up
The majority is in a dilemma of whether or not the US central bank is ready to pause on rate hikes. An insight could shape the narrative in the Gold markets, as inflation and recession prospects counteract the demand for the yellow metal. On Friday, we witnessed the mini-crash in prices of gold which was a result of the Federal Reserve Governor Christopher...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
After bullish rally now gold price was correcting and in 4h price break its previous low and now retesting as a resistance this shows the selling short term trend in the xauusd.
I am looking at the bearish market this coming week, since we do have a very clean bullish zone on HTF.