The price perfectly fulfills my last idea. The gold market has reached key support level. It broke the previous weekly low. The price broke and fixed below the range zone as well. I think the market may go up for deeper pullbackt because the price reached the level where bullish impulse move was made. The range zone between 1920 - 1929 pushed price lower and...
The price perfectly fulfills my last idea. The market went up from support level and tested the resistance zone. The price made impulse move down from the resistance zone. The bulls did not have enough strength to form new high. Price action is in the upward channel but the on the daily timeframe it reached strong resistance. I thinnk the price will break through...
The price perfectly fulfills my last idea from last week. It hit the target level. The market is ranging, after it made an impulse leg down. The price broke and fixed below the resistance at 1.06000 and it is currently at the previous daily low. I think the market is about to retest the main support. If the price breaks the daily low we might see further downward...
During the trading week, after the news release, gold went up to the resistance zone, then fell, forming the long-tailed bar. The week also ended with a large candle with a long-tailed bar rejecting the weekly highs. The market on the daily timeframe is forming a potential triangle pattern. This suggests that we might see a bounce off the triangle border next...
The price perfectly fulfills my last idea. The price reached the targeted level. The market bounced off main support, and it updated swing highs and higher lows. The price has reached the daily resistance zone. I think the market weill go above the 0.87000 resistance to grab some liquidity to move lower. I expect the price to go to resistance and form some...
The market is ranging at main support level. The price failed to update to a lower low. We can see a lot of wicks rejecting the support, and this may lead to a pullback. The trend is obviously bearish, so if it pulls back to the resistance zone and rejects it, then we might see a further downward move or range market. The DXY shows divergence at the resistance; it...
The price has tested the resistance level .The price, after updating highs is pulling back to support levels. The market's tested main support and bounced off after double bottom. I'm waiting for short term rollback to support and continue the bullish trend. My target is resistance at 1.35200 Traders, if you liked this idea or if you have your own opinion about...
Hello everyone This post will be devoted to the trading methods of the famous trader Joe Ross. There is very little information about Ross on the internet, mostly copied from his books, so let's try to study this situation more deeply. The information is not for beginners. Support and resistance, trend lines, the concept of flat market, all this should be...
The price perfectly fulfills my last idea. It hit reached the target zone. The market made a pullback after testing the support. The price broke and fixed above the 1930 - 1935 key zone. The resistance zone at 1930-1935 is area where price fell before multiple times, there's a good chance that the price will go down again if price makes fake break. My goal is the...
The price is overall in range phase and it is pulling back to resistance after massive bearish move/impulse leg. I think that If the the price may fall down from the resistance at 164.500 and upwards trendline and upper border of the downward channel. I am waiting for the price to roll back to the support level from the range zone because price has fallen before....
The market is ranging after impulse movement. Although the price made lower lows and lower highs, that allowed it to form a downward channel. Price action is a bearish trend. If it pulls back to the resistance zone and rejects it, then the market may continue heading downward and retest the recent support. The market is making a slow bullish move, then an impulse...
The price perfectly fulfills my last weekly outlook. The gold market went up, then fell from the resistance due to economic factors forming a fake breakout. The market rejected the resistance, then made an impulse leg down. I think the market will move downward or range because markets usually go range after impulse movements. On the other hand, we have a huge...
The market fell from resistance by breaking out the upward channel, it failed to update its highs. The market has broken through support level at 0.64500 and swing zone. It's forming a pullback after impulse leg down. Price has bearish momentum and I expect the pullback then move down from the swing zone and channel's border. My target is recent support level at...
The price made impulse leg and reached the support after news release. It hit the level I forecasted on Monday. The market broke through the support level that became resistance zone. The price formed big red candle before breakout showing the strength of the level. If it pulls back to resistance zone and rejects it, then we might see a further downward move or...
The price perfectly fulfills my last idea. The price pulling back from the resistance zone. After making an impulse move at the resistance, the market ranged before a divergence. I think, gold might make a pullback to test support from the resistance or it could range between 1925 and 1937 zone. I expect downward move from at the resistance. My target level is...
The market broke through the range zone. It has broken through the support level and made impulse move down. The price is forming lower lows and lower highs. I look forward to testing the swing zone and rolling back towards support from resistance by rejecting the resistance zone and channel border. The main is trend is bearish. My goal is to support at...
The price perfectly fulfills my last idea. The price bounced off the resistance zone. The market is pulling back from the support level. However the market is in bearish trend on the 4H timframe and it broke and fixed below the 1.07000 support level. It made fake break out. I think the market may test the level at 1.07000. If price reject the this resistance zone...
The price perfectly fulfills my last idea. The market is heading toward the resistance. The price broke through the downward channel after forming double bottom at support level. I think gold might pull back down from the resistanace zone and upward trendline. The market may test the level at 1940 level and rejection of it, potentially can lead to bearish move. I...