market respecting dymnaic trendline channel support and expecting to up
market now comes to the major support zone and expecting to respect this and pull back...
market following the down trend channel and expectiong to touch on support zone
market respect on now major resistance zone and expecting to respect this and drop
Gold long term following symmetrical pattern so expecting to continue on buy side #forex #gold #xauusd
Market respecting 12 times trendlines as resistance and touch the major zone whcih is 1885-1880 and we have Last week low is 1885 if market breaks h1 trend line then major conditions to start correction of this month...this week we have BRICK SUMMIT from CHINA and FED REPORTS...
Correction phase now in a Resistance zone for test and then conitnue his sell trend
Correction phase now in a zone to conitnue his buy trend
we are Looking XAUUSD for a buying 1892 to 1880 zone, XAUUSD is now moving in a descending channel pattern on H4 its indicate to uptrend and currently is in a correction phase in which is approaching the support zone.
On higher time strong head and shoulder pattern also on current market conditions also a bullish flag which all conditions showing strong buying pressure, However market set tha monthly candle low then continue his buying move
oil still in a buy trend and now showing some correction and more probablity to respect the support and will continue his buy trend till 79.00 to 83.00
GOLD Overview Below 1952-1948 selling pressure till 1938 Above 1954-1956 buying pressure till 1965-1972
Market still following the channel and respect the trend line also still we have buy trend and expect to continue
market still respecting the channel trend line and expecting more up
Gold now expecting to respect low and then short trun back correction till max 1956 and then start continue to make lower low
Market moves in a channel pattern and still expecting to continue like as.
dollar still move in a channel if channel break then expecting more down however momentum is still showing to continue move his channel after a small correction
Market expecting to make double top and start short correction