Doomprophet

Doomprophet

as u see from the 4h chart the price has completed its movements and has exited from the triangle and its next target should be 30000 dollars .

Doomprophet

hello guys , this is the 15 mins chart of the gold and i think price is moving down to the 0.5 fibo level that is a strong support level and in the 1924 to 1928 area u can open a good long position and the first target would be 1950 .

Doomprophet

as we see from four hour chart the price has been strongly rejected by the channel's top and moved down to the channel bottom and we could open a good long position with a target on the zone defined , if the price can break out in each side then we can use price action for long and short

Doomprophet

as we see from the four hour chart the parice has been rejected by the massive channel's top resistance and now struggling with fibo 0.382 level support , if it can pass this level it can fall sharply .

Doomprophet

as we see from four hour time frame the price has a good support on fibo 0.236 level and it is possible come down to this support and then rise again to the upper level

Doomprophet

as we see from the four hour chart the price has broken the ascending channel and also the pull back is done and it is ready to fly higher . there has been a strong support on the top of the ascending channel .

Doomprophet

as we see from the four hour chart the price has broken the descending channel and also the pull back is done and now it will fall again .

Doomprophet

as we see the price has reached to the bottom of the descending channel and if the rejection happens then it's time to buy it .

Doomprophet

as we see if this candle can break the yellow zone the gold hold its bearish movement ...

Doomprophet

dxy is gonna pull back and then continue its recent swing

Doomprophet

in my opinion it is better not to trade today , it is very risky and support resistance areas are not valid .

Doomprophet

we see that the pull back is over , we could get a good sell on the 1976 and the first target still is 1960

Doomprophet

as we see from the one hour chart the parice has been rejected by the strong fibo 0 level (78) and is ready to rise towards the channel top .

Doomprophet

as we see from the four hour chart the price has been rejected by the strong fibo 0 level and is its way towards the channel top . it's a good choice for a long

Doomprophet

as we see from the four hour chart , the price could not break the fibo 0 level (1982) and may move down to its first target (1970) if it can break the 1970 it would move down to 19850 . till the price is under the 1982 the bears are stronger than the bulls .

Doomprophet

as i have predicted before , the price has been rejected by the fibo level 1.618 and went up , if the daily candle closes upon the channel's top it will continue its way further .

Doomprophet

as we see from the daily chart , the channel's top has rejected the price stronngly and make it move down to its first target fibo level 0.382(1850).

Doomprophet

as we see from the four hour chart , if the last candle closes under the fibo 0.5 level (1909.6) it can go downer to the lower levels . for now we should be patient .