Good morning Traders ☕️ Welcome to my 4-hour big picture analysis, complete with all those handy zones marked right on the chart! 📈 Gold's feeling a bit indecisive at the moment, isn't it? 🤔 But fear not, because there are some demand zones just waiting to be traded in this timeframe! ⛏️ We have the CHoCH on the 4h, but wee need a BOS to pop up and confirm...
Intraday GOLD trading signal 29 April 2024 || GOLD MARKET ANALYSIS II FOREX MARKET ANALYSIS
At the present, XAUUSD is trading at 2338. The market sentiment appears to be cautiously optimistic as the price is approaching the resistance level at 2330, indicating a potential bullish momentum if this level is breached decisively. Resistance Levels: 2353: If XAUUSD manages to surpass the resistance at 2353, it could signal a significant upward movement. This...
Bullish indications: Moring star candle formation in day time frame. Moving average 20 respected. Resistance broken at 2337 Inverted head and shoulder pattern in day time frame. Bullish engulfer candle while break out . Bearish indications: Bearish divergence. LLLH Trade plan bias long @ 2327 SL:2311 TP1:2339 TP2:2350
Hello traders. Taking a look atthe 4 hour chart and my previous marked analysis, I waited to get out of my no trade zone. I took a Buy entry at 2338.62.. My SL is 2329 and my take profit is 2350 area. Let's see how it plays out. I am a few pips in profit as of this writing.. Saying that, if we dip down some more, I will close the trade with a few pips and get...
Hello everyone I do not know how many times I have mentioned What I want to say now but I repeat it again and again because I can see this problem even in the analysis of the most pronoun and famous chartists and technicians. My friends, candle stick charts are really good and I use it every day but because of shadows (Wick) lines, they can make it confusing and...
Expecting EU to move up into the premium zone and expect a drop from there
I'm expecting price to go finish ABC correction of wave 4 of C and then to fall to complete wave C of primary degree 4
No problem, not too far with stop hunt in 1h timeframe. Buy! 1R lost is very normal, we have more knowledge, good! ...Don't move too fast, just take it slow...Let's get it started in here... P/s: This is a Buy stop order!
Please pay special attention to the accurate trend, colored levels. Be careful BEST MT
Recently, the market has been discussing the impact of the geopolitical situation and US economic data. In terms of the geopolitical situation, Israel continued its air strikes on the Gaza Strip on Monday, causing many injuries. However, at the same time, the two sides have begun to enter the negotiation stage. Hamas leaders arrived in Cairo to hold a new round...
Hello Future Billionaires, XAUUSD are going towards a Strong Short position. As you can see on the chart. And MA also moving down towards. Entry 2042 SL 2046 TP 2020
Looking for Gold (XAUUSD) to have a larger retracement prior to continuing bullish in the longterm. I am waiting for a retest of the resistance around the $2400 price. I will then be looking at the lower timeframes 4H, 1H, 30Mins for sell entries. First profit taking level will be at the $2185 level, where I will move my stop loss to breakeven. Full take...
After K1 breaking up the downtrend line, K2 tested it under sharply increased volume, The following candles verified that It was a successful test. A sharp rebound will likely price up to test 0.618-0.786fib area. Buy-2330/Stop-2325/Target-2370
#GOLD.. as we discussed in our today analysis video that 2327 is the area and you can see how beautifully market hold in morning and placed upside targets. Now market again placed a low near your level 2327 Keep close it guys because that is the area. NOTE: keep cutt n reverse option in hand below 2327 Good luck Trade wisely
Wave 1 of 5 is finished as Leading Diagonal. Now wave 2 is ongoing. Upon break of top of wave 1 I'm going long. SL is 2305 TP is 2399
short from 4 stdvi, manipulation above PDH and CRT, targeting PML with a good potential for the end of the week. nice R/rw ratio, presition entry followign STDVI model. Po3 bearish candle showing rejection from trigger area.
Gold chart overview Today I will post an overview on the various time frames and also outline the trends and detailed entries