- XAUUSD has now moved back above the 1960 level, and the buying side is in control at this area, as indicated by several Bullish Engulfing candles. - We can observe a strong resistance zone at 1975. We will wait for a pullback at this level to look for entry points if there is any selling pressure that occurs here. - In case the price fails to maintain the upward...
- XAUUSD is in a downtrend. - XAUUSD has reached the upward trendline and a strong support zone at 1939, which has been tested twice with a double bottom pattern. If the price manages to sustain a move back to the zone around 1956, it would indicate strength. - For the SELL plan, if any H1 candle closes below this zone, we can wait for a pullback to 1942 and...
-XAUUSD hits support 1956 and reacts .Price moves strongly. target could be 1968-1972 -If there is a rejection signal in the 1968-1970 area, we will watch for SELL. - If any h1 closes below 1955, wait for a return to 1960 SELL
- XAUUSD is currently within an uptrend channel, with two significant levels to consider: support at 1960 and resistance at 1968. - We are waiting for a confirmation move to enter a trade if the price moves outside of this trend channel.
- BTC is currently in a downtrend, so we should wait for a retracement and then consider short positions. - The resistance levels range from mild to strong, with significant ones at 25,845 and 26,622. Pay attention to the convergence at the 26,622 level with the trendline. - The trend is your friend, so wait for a retracement and then take short positions. Going...
- XAUUSD is currently experiencing a downward movement towards the support zone of 1932-1939. If reversal signals and increasing buying pressure emerge at this level, we can consider entering a BUY position. However, if the price breaks below the 1932 level, the bullish scenario would fail. - The key resistance levels to watch for XAUUSD are at 1962-1970. Look...