mohammadsomeaneshin

mohammadsomeaneshin Updated 

as we know, today we have Advance GDP q/q with forecast 1.1%, and Gold price is simply reacting to previous support and goes for retesting below our marked support, we can count on NY Opening Volume to move price beyond our resistance area. so lets see how the market forms next candles.

mohammadsomeaneshin

as we see candles are bearish at all, we are expecting a simple bearish movement on GJ, because there is a a grab on higher timeframe on it, i am aware of fake breakout , so lets see if the price forms a bearish move exactly the way that we want or not. lets see, ;)

mohammadsomeaneshin

as we see candles are bearish at all, we are expecting a simple bearish movement on GJ, because there is a a grab on higher timeframe on it, i am aware of fakebreakout , so lets see if the price forms a bearish move exactly the way that we want or not. lets see, ;)

mohammadsomeaneshin Updated 

fundamentally, we have bullish bias on gold, because Ariyan sent me this news :-D Ukrainian President Volodymyr Zelenskyy said on Wednesday that their foreign partners will be responsible for "humanitarian catastrophe" if they don't implement a no-fly zone, as reported by Reuters. "Over the past two weeks, we have shown we will not surrender," Zelenskyy added...

mohammadsomeaneshin

if gold tries to continue its bullish move, it needs to form a new support zone, so we want the gold come a bit down to form a support area, then continues its bullish move. its more safe to enter buys above 1900.2 after forming a support.

mohammadsomeaneshin

as you see price formed a successful support area on 1h time frame and also confirmation on 15minute chart, in the other hand we still have our fundamental news coming across the Russia- Ukraine tensions, war risks are still valid for both sides, if we break 1893 and close above, we may have some bullish continual move on gold, you also can put some pending...

mohammadsomeaneshin Updated 

buys of hope huh? as we see chart is forming a nice harmonic pattern for bullish move, on the other hand, we are forming a nice rejection on HTF from the area I mentioned below 153.192 therefore, if price forms a nice rejection to 1h time frame, we expect another rejection to the area then forms a bullish move, as we all know, UK news are making GBP stronger from...

mohammadsomeaneshin Updated 

we expect a smart fake break arounf 1819:1818 then after a nice LQ around 9 am, we expect a bearish continual movement. if i see signs of a bearish move below 1818.12 i will search for a nice entry of shorting gold. otherwise, i still checking other charts. be careful of potential fake break. Yours truly :-D

mohammadsomeaneshin

well, as we see price is forming a new resistance zone, if price closes bearish, i will search for a nice short entry below its own low of 15min candle. lets see how the market forms next candle. til then , I'm just observing the price, nothing more nothing less

mohammadsomeaneshin Updated 

we have some bearish moves expectations on gold, as we know that today we have retail sales on USD, after yesterday's speech we expect some corrections on gold after new monetary policy decisions, so i prefer waiting for a bearish candle closure below 1819.88 and right after that i search for a short entry on gold and may hold that til 1812. if price reaches...

mohammadsomeaneshin

fundamental bias on XAUUSD gold. as we know today we have CPI news and we expect some huge moves on major currencies and also for gold, previous NFP news formed a bullish move on gold because of USD weakening, so from the technical views, we expect a pull back on higher time frames on gold ( maybe daily ) and reject 1800:1802 area for a bullish continual...

mohammadsomeaneshin Updated 

there is a harmonic pattern which is going to fail soon, amateur traders sell may get activated and right after that liquidity will kill them, so we wait for a small range between 1794 - 1886 then it will fail 075% of the Gan bias and may get the gold bullish again, we wait til that time for a long swing trade and may hold that til 1820-1821 , partial close is...

mohammadsomeaneshin

Price goes to retest the reversal zone around1.6742 then searches for a potentials of a bearish continual movement, so we wait until candle closure below 1.6740, confirmations: bearish candle closure below 1.6739 secondary confirmation: breaking 1.67300 with a bearish candle formation, then we go for selling EURNZD around 1.67078

mohammadsomeaneshin Updated 

nothing very special, absolute price action, shows sell below the line. Fundamentally i am searching for a retracement move also

mohammadsomeaneshin Updated 

simple sell after breaking support, continual bearish

mohammadsomeaneshin

I am expecting some good news for JOLTS today, i think the amount of job openings may get better so we expect a bearish move for gold, actually there is always a liquidity grab before news release, so i am also searching for a nice retracement for a small bullish move before the main bearish impulse. ok lets check the chart with more details,

mohammadsomeaneshin Updated 

if candle closes bearish below 155.389 i will go sells on GBPJPY with 1%risk if candle closes below my yellow line, i will check the candle formation, if it goes for a nice retest, i will absolutely go for sells on GJ. i may hold it for a swing trade, because i also have a fundamental bias on a bearish move... check with Vol Prof

mohammadsomeaneshin Updated 

Hi and wish you a good trading week. as you know the market is very independent on Corona Vaccine news and also Trumps election ;) markets are also slow because of last month's of the year but fortunately moving, as you see, the price shows us a good double top ( on 4h chart), exactly where price touched and pulled back from a supply area (for people who are on...