The gold market fell from the resistance zone after breaking out of range zone. The market broke and fixed below the main support at 1830. The price is moving toward the recent support level at 1820 after retesting the resistance. I think gold might go down because the price action forming a correction extension pattern. My goal is the support level at...
The market pulled back to support level after bullish move that creates a swing level. Price broke the previous resistance zone which is support level now. I expect trend to continue from swing level and lower border of the ascending channel. My goal is resistance zone 1.95000. Traders, if you liked this idea or if you have your own opinion about it, write in the...
The market fell and broke the support level and fixed below it. The price tested the support level after breaking it became strong resistance zone and swing zone as well. The price is forming the potential 1-2-3 move pattern that will lead to new extension downside. The market might go sideways if the price breaks the resistance zone. My goal is the support level...
When it comes to trading, there are a few key things you need to keep in mind in order to be successful. In this blog post, we'll cover four important trade tips that focus on price action. By keeping these tips in mind, you'll be better equipped to make profitable trade decisions going forward. №1: Identifying the current market structure The first step to...
The price perfectly fulfills my last ideas. The market is heading toward resistance zone from the strong support level . The price is squeezed by descending triangle pattern and the price broke through it. The market is forming price squeeze and the price might bounced off it and go up to test the resistance zone. Essentially price action formed an inverse head &...
The price is pulling back to support after bouncing off the resistance zone . The market tested the resistance 2 time but did not fix above. The price breaks the upward trendline and support level then fixed below it. I am waiting for the price to roll back to the support level because price has fallen before. My goal is the support level at 98.850 Traders, if...
The price perfectly fulfills my last idea. The market fell from resistance zone and it went sideways. The price tested the support level but and did not break though it. The market might made a deeper retracemenent because the bearish movement is losing momentum, If you compare last price move down and current one. My goal is the swing zone at 1.07075 Traders, if...
The price dropped after breaking out of the range. The market broke and fixed below the smalll range zone at channel border. The price is overall ranging and I think gold might go down to retest the support level and then go up. Price action formed weak bearish extension. I think the market will range in the zone before breakout. My goal is the resistance at...
The price perfectly fulfills my last idea. The market is ranging near the main resistance and upper border of the triangle pattern. The price made strong bearish impusle moves but bullish moves are short and weak. I lthink price may fall from resistance because the market has no momentum to break through it and the market trend is bearish. My goal is to support...
The market keeps bouncing between the resistance zone and support level by forming a descending channel . Price pulled back to resistance zone and it made double top . The price is ranging after impulse move up and it's testing main support level . I expect fall from the resistance zone if price rejectes this level this level. My goal is to support at...
After statements from Fed officials that further rate hikes were imminent, gold prices declined for a third week in a row. A break of the bear flag and a fall below support occur when the yellow metal continues to decrease. In the later part of the day on Friday, the price of gold gained momentum and rebound and fixed above 1,830. Price action shows a long tailed...
The market broke through the range zone and it has tested support level and downward trendline. Price action made impulse moves down from resistance and it formed a swing zone. I look forward to testing the lower border of the range level and rolling back towards support from resistance because the market is moving up to resistance slowly. No strenght to break the...
The price fell from main resistance zone. The market is ranging after big impulse move down by forming falling flag pattern. I think price can potentially move in this pattern until it breraks out of it. The market has entered range zone and most likely it will consolidate for some time before major news come out. My goal is the support level at 1.06230 Traders,...
The price perfectly fulfills my last idea. The price has broken through the ascending channel and pullback to it again to a retest. The market is ranging on the 4H timeframe. Price was rejected from this resistance zone multiple times before by forming fakeouts and long tailed bars. I look forward to testing resistance zone and rolling back towards support level...
The gold market dropped from the resistance zone after breaking out of the range. The market broke and fixed below the smalll range zone. The price is moving toward the main support level at 1800 after making impulse moves. I think gold might go down because the price action forming a correction extension pattern. My goal is the support level at...
The price perfectly fulfills my last idea. The market fell from resistance zone and hit the target. The price formed a descending triangle pattern after impulse move down. The market is putting pressure on the support level and eventually it will be broken. I'm waiting for retest the resistance zone then bearish trend because price action made lower swing highs....
The price perfectly fulfills my last idea. The market fell from resistance zone and hit the target. The price tested the support level after breakin it became strong resistance zone and swing zone as well. The price is forming the potential 1-2-3 move pattern that will lead to new extension downside. The market might go deeper down because the market is bearish on...
The price perfectly fulfills my last ideas. The market is heading toward resistance zone from the strong support level. The price is squeezed by descending triangle pattern and the price might bounced off it and go up to test the resistance zone. I think gold might go up if price action breaks out of the triangle pattern. My goal is the resistance at 1865. ...