WFXG

WFXG

Can bulls break the ceiling? Thats a one billion dollar question. But in our point of view bulls are going to test the ceiling and there will be a big fight at that 1828-1835 zone.

WFXG

Bull and bear is about to enter the very crucial battle zone marked with the red block. But the million dollar question is, how strong can bear pushes the price? Here the forecast from our point of viee.

WFXG

Currently what we see is gold still inside the big triangle. Sideways markets, the price is in a stable range without forming any distinct trends yet. But on the day trade h4 chart we are expecting the movement as drawn in our chart

WFXG

Last D1 candle closed bearish considering Wick to body ratio. Maybe some extreme pullback can happen. But this is jus a plan B

WFXG

From the price action we can tell that the gold price in growing which shows the gold strength. There will always be ups and downs in price but we reckon the price is keep rising which is a prove that the market still have trust in gold.

WFXG

This is our current scalping on gold cfd. In our pov gold bears are demanding 1745-1735 area. But bear exhaustion might pull the price to 1779-1783 before they continue their run to achieve their closest target.

WFXG

We are planning to place a swing bet on gold! Account size $5000 usd Lot size 0.01 x 5 (0.05 in total) Entry 1745-1725 SL 1721 TP 1898 Valid till August 30 2022 Bet reason: Technical & Upcoming fundamental Max possible loss 240 pips x 0.05 lots Max possible win 1730 pips x 0.05 lots Win chance: 15% Loss chance: 85% Please wish us luck! Hahahaha.. lol...

WFXG

Where do we wanna go, gold? Fake hub opening movie voiceover lol lol Indecisive gold? Well, in our opinion gold is still currently bullish. There are two entry zones possibility. We marked with the orange and red box. If the price goes bellow that zones means our setup is failed and we need to adjust our bias for gold temporarily.

WFXG

Sounds funny? Yeap.. but it nothing is impossible. We are planning to buy more shiba at those price we marked with the red boxes and only if it goes to that price. We are the shiba $1 gang! Woof woof!

WFXG

Potential some decent pullback if bulls can defend the green zone we marked. Bellow that we might see market push the price even lower to test the very last gold defend zone we marked it with the red box

WFXG

Gold bull isnt win yet, but currently the market looks like want to test the previous one of the major down trend price resistance zone this time. The zone will be around 1809-1829 area. If gold bull manage to break that zone there is a big possibility gold price will move more to the upper side.

WFXG

The 2% rose earlier was very nice, and we think gold is back to bullish trend. We are expecting more move to the upside

WFXG

This would be our expectation for gold route H4 Let see how it goes. Sell around 1745-1755 Buy around 1720-1715

WFXG

Gold bears are in demand for a pullback, they are waiting for a pullback to short some more, and same with the bulls are also at the point where they are actually waiting for this level to enter and give their first shot. Bull's last defense is at 1677 where they are going to blow their bigger ammo to shot. Below 167x area bears will win the battle. Please let...

WFXG

We are expecting gold will dip a little more, then it will have some consolidation at that support area to prepare a rocket launch to retest the ceiling

WFXG

We think silver bulls is regaining power now as we can see they have been trying to break the down channel earlier. They are still waiting for the price to touch the earlier support then will give some uppercut. But how strong is the upper cut? We dont know yet. What do you guys think?

WFXG

Was that rise on btcusd was the handle? No one actually know. Lol But this scenario is also very possible to happen if btcusd keeps falling.

WFXG

What we see is bear still have some momentum to push it down even some more to the area we marked with the red box to test the previous down trend top channel, which we expect it will become a good support to make some decent pullback.