XAUUSD has completed its 3rd wave and going to complete 4th wave as we can see it has fallen into a ending diagnol now after the 4th wave completes am seeing for a short trade on retest of trend line
18 Months after COVID-19 surfaced, the world economy is on its knee's. We are looking at inflation close to that of 2008/2009 in many countries. A recipe for disaster. Stocks struggle earlier this year as many expected inflation to be sky high since Uncle Sam at the FED printed 21% of all circulating dollar in history. Yes you heard that, Since the dollars...
XAUUSD is in its correction part completed its A and B part and is in its C part , i has also followed wolf wave in which it will still go down a little and then will move upward minimum toward tendline resistance or maximum daily resistance and will short potentially.. fingers crossed , keep enjoying , happy trading
I HAVE PLACE A BUY @ 1860!!! HUGE Descending Broadening Wedge !! IF this 4hr correction was just a break and retest on the daily for a breakout. this could lead to massive gains !! LONG TERM BUY: en: 1860 sl: 1840 tp: 1940 this correction has only been 2.8% a bigger drop can still happen. because im bullish on gold and its trending up i BUY
GOLD is still making higher highs and higher lows on the 4hr n daily which is very bullish but... creating a upwards wedge with decrease in volume is not bullish. taking a look at the 1hr we see big red candles! bearish short term. look for liquidity price action: (sell) en 1902-1905 sl 1912 tp 1881 if price continues to follow the trend then price should...
STRONG RESISTENCE POINT !!!! SELLLLLL NOW RESISTENCE PUSHES PRICE DOWN OPEN FOR OPINIONS ALWAYS GOOD OR NEGATIVE FOLLOW FOR MORE
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied
If we observe the US dollar index on monthly timeframe, we can observe that currently it's in the correction phase. If we look at the past support and draw a Fibonacci retracement it shows that support levels falls at 38% of that which gives us a clear picture of it too. So as soon the dollar index completes its correction it will start going up which will affect...
Ascensing triangle (solid signal for bullish) we will see how market will show
Gold trends have bearish sentiment over the long run. We might be headed lower into the buy zones until gold starts seeing bullish pressure accumulating in the buy zones and having another spike inro our sell zones before dropping lower..