- Based on pervious Chart I have mentioned there's 15 minute & 1 hour rejection took place - Looking for H4 rejection - Price is still consolidating around the price range of 1935 - 1952 - Hoping to look for breakout above 1952 during US session to hold buy position
- we still have a gap to fill at 1952 to see where market lead us too - at the same time, there's a huge bearish candle which formed on Friday - reason for my sell - price failed to create a LH at 1946 , double top, bearish breakout at lower tf
- Keep an eye on the circled mark in black ( M30 BULLISH ENGULFED ) + ( S&R ) - As we see there is a clear double top which took place - Currently price is 1945.. - will wait for breakout at 1949 to continue my long position - price touches my stop loss but yet to close due to bullish engulfed M30
- in the previous chart. i was waiting to take a short if price breaks below 1934, unfortunately price broke above resistance which trigger a long signal - waited for pullback in m5 to seek for confirmation and took a buy. - price currently at 1944-1945
- based on yesterday's news we have witness a new gold price after 3 weeks - looking for correction before i look for long position - wait for breakout 1934 to get a short confirmation. - till then enjoy the ride
- m15 and m 30 created double top which lead to quick short to 1915 - if price fails to hold at 1915 will look forward to second support at 1902
-Gold created a solid rejection at H1 -which leads to clear bullish signal -currently price at resistance 1925 and looking to go higher - if it breaks 1934 will close half and leave the remaining till 1945 - will look forward to 1945 for a quick sell
- as mentioned in the previous chart - Gold must do a correction before creating a new price - Happy Friday everyone
Sold gold at 1919 Moved stop loss to break even Keep an eye on Fed's speech Let's see ✌️
- Gold still neutral since Friday - let's wait for a clear break out - H1 formed rejection candle (bearish signal) -
2/2 wins - Support to break? Let's see - Trading in lower timeframe - Good night from me 🥂
Breakout, pullback find for rejection and spam the order
As mentioned gold is still under bearish trend. Managed to hit 50 points with a good buy Done for the day 🫡🥂
- took order based on strong support - looking to forward to close profit at 60 points or more -Waiting for a proper breakout at 1936 to confirm bullish trend. - overall we're still under bearish trend - will update if there's changes - TRADE AT YOUR OWN RISK
- Price kept boucing within the range. - Closed previous buy order at 200 pips - Currently selling based on chart - Keeping an eye on Fed's news later - Selling based on breakout sell, trendline and H4 yet to do a correction for bullish continuation
- Expected move from Gold - Hold your order (Gold will create a new price) -
Based on yesterday's technical analysis either we break LL or create a new LH - breakout buy is there but at the same time there's bearish trend yet to be break - H4 is providing a good rejection ( stop loss was so close based on chart ) - will hold buy if there's no 2nd sell rejection at 1901-1903 Let's hope the bearish trend ends here ✌️