Trellz_

Trellz_

XAUUSD analysis: Gold has broken the descending trend-line that was connecting the bodies of the candles on the 4H this was (also acting as a resistance) line holding price. Another descending trend line has been issued this time wick to wick to see if we have a fighting chance on the 4H but if this one will not hold we might see price approach the next major...

Trellz_

I'm looking at OANDA:XAUUSD closes over. 2153.45 to pop to 2158 It may have strong enough volume for London Session but if not NewYork will take care of it and seal the deal. If this downtrend continues we will look a OANDA:XAUUSD (Gold) closing under 2144.12 and heading further down, most likely to 2139.38 Keeping it real simple... Plus it's Sunday ;)

Trellz_

As Gold has been falling for the past few weeks. We could see momentum pick up in the direction of gold gaining in value. Since the BTC ETF's have been approved we saw a bit of a stabilized movement with the pair. With this sentiment & analysis we saw the safe haven.. gold drop..from the looks of what it happening currently it could technically still be on a...

Trellz_

Gold has been on a strange volatile cycle, so traders BE WARY! It's been on a nice downslope since Friday January 10th 2024 (NewYork) session and as it's making it's descent into lower area's & zones while keeping structure of it's LowerHigh's and LowerLow's points it seems to have more volume that will be built up. *** KEY ANALYSIS *** Anywhere that gold...

Trellz_

In the final days in December gold's strength has started to weaken. Wednesday December 27th 2023 is the last high we saw gold peaking around 2088.41. A massive and consistent downtrend has come right after that with a clear formulated structure with lower-low's and lower-high's. Monday January 08th 2024 is when we saw a pull-back and momentum revitalize it's self...

Trellz_

We've experienced some turbulence or in other words.... resistance with price since it's been on the down-slop since January 5th 2024. Price seemly wants to break that down trended cycle by picking up momentum and making a new structure to the upside. It's tested the 2035.80 area/zone earlier today (Jan 08 2024) around approximately 11:00am EST during the course...

Trellz_

Looking to short price for 120 pts if candle closes ONLY below my zone under 2040.43. The candle has to close before i consider it as my first confirmation. My second sell Limit or executed market price trade will be at the upper end of my zone at 2043.62. I will only execute my second trade once price reverses before hitting my target area for 120 pts after new...

Trellz_

We're looking for Gold to push up heights from Friday December 29th 2023 (7am EST) which was the short term latest high and we are looking for the candle to close above that area. The previous time during Friday failed to break that area despite multiple attempts to break on a 30m. I am looking for a close over our zone which is currently acting as a resistance...

Trellz_

The zone from the last high last Tuesday, November 21st 2023. We have had enough momentum to break the zone from 2004.47 to 2007.54. The confirmation with candle closes indicates that we still have more volume to go upwards. I will be stopping at 120 pts but i have also taken extra positions to average out the trades

Trellz_ Updated 

As Gold heads down lower. We are looking for a clean range of motion to the downside. The Gold candle closed below the 1978.75 area with the candle confirming that there is more volume to the downside. Following this range. It's looking to be clean traffic going all the way down to the low of the candles bearish rejection wick at 1969.77. Price may struggle to...

Trellz_

Gold looks to be about ready to close for a clean range under 1929.67. looking on a 4H there is a clean range going down close 1923. Theres clean movement heading down looking to the left of that area. Keeping it short and simple

Trellz_

Execution after analysis should be pretty self explanatory after taking a quick glimpse at this chart. Our usual play here is coming into formation. If we have enough volume during this upcoming London Session OR Wednesday morning New York open. On a price action trading standpoint we should typically see a heavy movement after consolidation. Price may in fact...

Trellz_

At 1931.96 we have a resistance area that still held strong. The resistance initiated around Tuesday May 30th 2023 and price has never approached that area since. With resistance holding 1931.96 we want to be sure that we don't get price bouncing off that before we enter. It could reject for the short or long term by either resisting by just testing that area. Or...

Trellz_

looking to get in during our London session open momentum, rejection zones at 1960.44. Looking to get in on momentum break from rejection a fee pips down. Entry looks to be safer at 1959.74, aiming for a 2 Dollar move to the downside. If rejection hold we wait for our upper channel to break resistance at 1974.69. We look to aim down entering at 1959.74 exiting at 1956.74

Trellz_

Looking for more potential buys at 1954.68 - normal trading approach. Rejection at 1939.14 caused price to reverse holding support around that area. London preparing to have enough volume for us to breakthrough past over 1954.68. I believe price will have enough momentum to break resistance at 1953.98.

Trellz_

We're looking for a $2 move after the rejection price of gold has been breached at 1956.91. Resistance is holding up strong as price pivoted from that area at 05/19/23. There is a lot of news for the Euro today coming out that is driving the price down with the mixed volume of London session we see a possibility of price having enough volume/momentum to cause...

Trellz_

Gold moving outside the consolidation zone, price is entering back into the same zone and is showing bearish sentiment, as usual we will be targeting a $2 move from our entry. Signal; XAUUSD...Downtrend 📉 SELL 1978.81 Target: 1976.81 Lets see if it sticks. Free signal.

Trellz_

Gold is rejecting the 1969.00 area last Wednesday, 1971.50 area at the end of the trading week. Higher lows are being made on the 30m and on the 4H is still completing it's up trending structure. i'm looking for a break of the 1998.60 for me to feel comfortable entering. I'm sure Pre-london or London or both market open times should have enough volume to...