Wakeel_Saab

Wakeel_Saab

as gbpjpy had a rally upwards and also going for retracement over rally till now we have support level on 50% fibo level so we will waiting for GJ to retrace back to this level and would then put our long so till that level we have an opportunity to put our shorts here

Wakeel_Saab

as EURUSD had an effect over NFP lastly now its working around its strong support level as it broke Resistance become support and also taking support on this level we will be buying this pair

Wakeel_Saab

gold was working in bullish trend and is making a retracement to its bullish trend also in H4 its moving downwards in a channel also another confluence is gold has made a support level inside a downwards channel I am expecting a bullish move in near future to its previous resistance level which is also a very strong phycological level so we will be waiting for...

Wakeel_Saab

as we have seen a good move in EURUSD and it has taken a fly high after NFP brought in so we will be seeing a drop to this volume candle retracement and we will be buying this pair after it completes 68% or 78% retracment to this level and we will be intrested in buying this pair as this pair is also moving in a parallel channel so it seems like it will continue...

Wakeel_Saab

As Gold has made a double bottom and is now going to have a rally upwards so we will have to watch for a price action like a Morbozu doji or Engulfing pattern to identify the buy side trade as far as the condition is concerned we will be taking a buy side trade

Wakeel_Saab

As gold has taken a rally upward and now it has reached to its significant resistance level which is weekly major resistance now we are expecting a rally downards as gold has given a rejection candle yesterday now we will be waiting for a price action candle so we will be shorting gold from this price value

Wakeel_Saab

Gold is getting into its buying zone as there is an isntant daily trendline on which gold has taken support now we will buy gold on this level

Wakeel_Saab

gold has shown us a beautiful fall to the current level of price now we can buy gold to 1964 level it can be an aggressive entry but it could be a possible entry on daily level it has made a support on 38.2% of price level and it seems enough also on H4 level price has shown us a bullish engulfing candle and that bullish engulfing candle of H4 can retrace to...

Wakeel_Saab

As gold is in a buying position as its in a strong consolidation phase and formed a bullish penunt pattren and the another confluance is 200EMA is also in buying confluence and price has formed a bullish Engulfing candle so it seems that price will go buy

Wakeel_Saab

Gold had an impact of war overall and as we were in sell trend gold has suddenly change its direction upwards now as i speak in top down anylisis scenario i would speak 🗣️ Monthly time frame On Monthly time frame we are seeing a strong resistance level on gold Weekly time frame Also on weekly time frame we had a resistance on this level its a significant...

Wakeel_Saab

There was a potential buying in gold and still gold is in buying status as gold has also given up its consolidation phase so we are seeing a pull back to the consolidation break and then a potential buying

Wakeel_Saab

Euraud is in uptrend ⬆️ and also going to complete its restest part now what we are seeing is a bullish move so we will be buying this pair

Wakeel_Saab

It could be retracment of a bullish move which was given to us in last week we have a confluence of Daily Resistance level and H4 bearish orderblock and as we remember we have achieved 68% fibbo retracment also the bigger confluance we are in down trend 📉 on daily time frame but for being safe the we in this little short trade is, in last week price has broke...

Wakeel_Saab

#Gold remember gold is in gold is in downtrend 👇 and this maybe a correction of previous rally to the downwards in my view gold has completed ✅ 68% of Fibonacci retracment another thing which i am noticing here is price is moving in a channel and not broken this channel till now we will wait for price to break channel or move back from the resistance level as we...

Wakeel_Saab

As Gold has retraced back to 78.6% of fibo level and would likely be falling from this price range the confluance for sell entries we have strong resistance level at 1864 to 1861 level also the confluance is we know that gold is in a downtrend and would return to its price level as in my anylisis gold is trying making lower high and would go for a Lowe low to...

Wakeel_Saab

OANDA:XAUUSD for Gold there is a scenario like Gold has given us an impulse to the downside and it hasn't corrected it self so we can expect a correction of this impulse to minimum 38.2% of Fibonacci levels which is almost 1857 if it goes for correction then our target is 1844-1857 and if it goes the other way it will be a Drop base Drop will be if it rejects...

Wakeel_Saab

Gold is waiting for NFP to come as its consolidating under 1931 to 1820 level and we can see a potential to either side but possibly gold will fall to 1800 level that all buy orders will be settled under 1820 level and to run the market , market makers need the money and they will try hit SL of maximum traders under these levels so we will be seeing a potential...

Wakeel_Saab

As KSE 100 index is moving towards it H4 supply and will return immediately from there if we get any rejection on level we will be shorting The confluance for sell baised is on H4 break of structure as higher low was broke and move back upward and we will return from supply level