I'm anticipating for a short sell, Gold have been trending up until a breakout
After the gold rally up, we find ourselves in a bearish pressure. Price Action is observed, this is only a trade idea.Use proper risk management. Happy Trading
Anticipating a continuation of the current bullish expansion. Next target is the H4BST for a 1:7
Possible buy for GOLD The market is currently bullish based on Higher TF Currently testing fib level. Lets see how it goes
If it falls below 2358, we have to be careful about it forming a head and shoulders, so hold a small amount of short orders temporarily, and then add orders once it is formed.
Daily live trade with XAUUSD in 15m/30m/1h 20240514
Market Analysis PT1/2 (14th May 2024) XAUUSD Analysis On the Daily timeframe, price has retraced to the 0,618 Fibonacci retracement level which is a key area where price could look to go long from. On the 4 hour timeframe, we have created a daily FVG, and price has rejected of it temporarily so we need to look for confirmations. dropping to the 15 minute...
What will gold be worth in APRIL 2024? now Gold Price XAU/USD is under selling pressure around $2,335 IF we can make close on daily chart below 2325 next target 2290/60 Best Swing trade Buy entry chances are coming next, don't miss :)
Intraday Bearish: 1-Hour Pullback: The 1-hour chart shows a temporary reversal or retracement against the prevailing trend. 15-Minute Bearish Engulfing Candlestick: A bearish engulfing candlestick pattern on the 15-minute chart signifies a strong shift in momentum from bullish to bearish. 5-Minute Double Top: The appearance of a double top pattern on the 5-minute...
The dollar steadied on Friday after losing ground in the previous session on weak jobs data, while sterling edged up following stronger-than-expected growth figures. At 04:10 ET (08:10 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, was trading just higher at 105.115. The USD is on track for small gains this week The...
Last week, GOLD embarked on an impressive bullish surge, aligning with earlier forecasts under the daily timeframe. During this period, a notable bullish breakout occurred amidst consolidation, fostering a consistent uptrend in gold prices. Presently, there are indications of a potential minor retracement towards a key zone, followed by a reversal aiming towards a...
In this video i tried to show you how to use trend analysis and principle of action/reaction. hope you find it useful.
Gold in a narrow range. We are waiting for a shot from the current zones to the next ones. A good wide trade could work out. During the week you can trade from these price levels. Finding the entry point into a trade is up to you, depending on your trading style and the development of the situation. If you expect any medium-term price movements, then most likely...
Now Cup Pattern formed and wait for the Breakout. Because Breakout is the only confirmation to achieved Cub Target. In stock market commonly formed Cup & handle Pattern. I want to help people Make Profit all over the World throughout my entire life. Additionally, I am eager to Receive Money form Worldwide because of my Potential.
Preferred direction: BUY Comment: Before the publication of today's data on the US CPI , on gold , we have been following the previous trading idea that we gave at the beginning of the week. The price has already begun to move according to our scenario, but we must not forget about potential volatility amid the publication of today's data from the US. For...
H4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Price has printed a bullish BOS. After bullish BOS expectation is for price to pullback. We have nested Daily and H4 supply levels where price is expected to initiate pullback, which price did. As previously mentioned, CHoCH was positioned at quite a distance away from current price, therefore, there...
Price have been trending downward yesterday, hoping it'll be continuation trend after pull back, but during London session market changed, for breakout existed