After each wave of market activity, successful traders reap joy, profits, and experience, while unsuccessful traders face sadness, losses, and lessons. The same market, the same time, but different results. Which type are you? If the direction is right, the road ahead is not daunting. Witness your strength with time, win the future with your abilities, let trust...
Today's market saw a strong downtrend due to Powell's speech causing a strengthening of the US dollar and market bearish sentiment. The price has deviated from its technical trend, but I personally expect the market to eventually return to a technical trend. Our long positions entered at 1830 are still being held, and for friends with larger capital, additional...
A person, a book, a cup of tea, and a dream. Sometimes, loneliness is so moving, and only at this moment can the world be so calm. The cool wind blows the pages of the book, and the smoke and rain permeate the dusty words and stories in the book with a moist breath. Leaning alone at the window, watching the blue-stone alley at the corner, an oil-paper umbrella...
After every market wave, successful traders reap joy, profits, and experience, while unsuccessful traders face sadness, losses, and lessons. Same market, same time, different results, which one do you belong to? If the direction is right, the road is not daunting. Time witnesses strength, and strength wins the future. Let trust become profit, and profit dispel...
Technical Analysis Summary XAU/USD TREND ANALYSIS We have 1 UoTrend in Green (Long Term) Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). White trend is a trend broken that was in my last publication. FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an...
Nice move after the retest of that 4 hour support and trend line marked and mentioned in the previous post. The way is clear to the recent high of 1949 and probably beyond.
So the price action is according to the plan shared in the last post. The price bounced from 4h support. The price did not quite actually touch the price I marked, but was very close and skipped it by 1 dollar. Now as mentioned before, price will move higher from here and will clear the recent high of 1949.
Technical Analysis Summary XAU/USD TREND ANALYSIS We have 1 Uptrend Trend in Green (Long Term) 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 (ONLY FOR VISUALS). White...
#XAUUSD ( Gold / U.S Dollar ) - BULLISH CHANNEL in Long Time Frame #LTF , Rejecting from the Upper Trend Line #UTL - IMPULSE CORRECTION IMPULSE , Completed the " ABC " Correction and " 4th " Wave - Selling Divergence - It will Complete its " 5th " Wave at Resistance Level - LEADING DIAGONAL as a Corrective Pattern in Short Time Frame #STF need to wait for the Breakout
In the daily time frame gold was in sell off trend and in friday break its support of 1660 level and now respect its support trend line in 1h smallar time frame and we expect on monday open that price retrace to its previous support now test as a resistance and than after closing bearish on 1h we have a good short sell trade in gold xauusd for the target of next...
We are waiting for the confirmation. If price breakdown Demand #3 then Scenario A might happen or else price going up to Resistance 1681 and if breakout Resistance, then wil continue up until Supply #1 @ 1695 - 1700. I will update later in this idea. Thank you. Good luck and have a nice trade. /MJ
⭕You can see gold analysis in daily time frames(XAUUSD _1D)🧐 🔰Due to the downtrend of the price since 2070 and the presence of the price in the support🧡 line area❗❗ If the price can break the black downtrend line and stabilize above it, in Pullback❗ the price to the support🧡 line and the downtrend🖤 line can be bought and there is a possibility of the price...
🔰You can see the gold analysis in the 15-minute time frame (XAUUSD_15min)🔍 ✴️As is evident in the picture, the price is falling❗❗ The price can perform an uptrend up to the resistance🧡 line and downtrend🖤 line in the overlap of the DEMAND area and the uptrend🖤 line and 61.8% retracement fibonacci 💜 (from point A_B). If it breaks the resistance🧡 line upwards, it...
gold symmetrical traingle at lower time, and breakout either side can hit mentioned TPs.
Technical Analysis Summary XAU/USD TREND ANALYSIS We have 1 Downtrend in red color We have 1 Uptrend in green color which we have currently BROKEN 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...
🔰You see the analysis of the gold in 15 minutes( XAUUSD , 15 m) ❗️🔎 🔰SELL XAUUSD at 1898 ✅TP ; 1885 (+1300 pips) ❌SL ; 1902.5 (-450 pips) 📊R/R ; 0.34 (This number is derived from the division of Risk to Reward and must always be less than one, and the less it is, the better🧐) ⚠️⚠️Please observe capital management and open a low volume transaction❗️❗️ I hope...