syedshanifahmed

syedshanifahmed

Our system is currently generating mixed signals in the short term, creating a situation where we are inclined to maintain a long-term position. However, the decision on our stance for the upcoming weekend remains pending, and we are deliberating whether to align with bullish or bearish market sentiments.

syedshanifahmed Updated 

The current sentiment for gold trading,shows a predominance of short positions over long positions, with 75% of traders holding short positions and 25% holding long positions in XAUUSD​​. This suggests a bearish sentiment among Forex traders regarding the future price of gold. Indicate uncertainty or a balanced view among traders regarding gold's price direction...

syedshanifahmed Updated 

Instrument : XAUUSD Time Frame :4Hours Trend :Bearish Go for short... Caution: Comming events US Core retail sales... Opinion: Fundamentals would gauge the Bearish trend...

syedshanifahmed Updated 

Gold continues to exhibit a bearish trend in the short and mid-term timeframes while maintaining a neutral stance in the long term. The Dow Theory is continuing its trajectory. Relative Strength Index (RSI) readings indicate overbought conditions in the short and mid periods. Bearish sentiment prevails in the market. Bearish Engulfing encountered on 1H & 4H....

syedshanifahmed Updated 

we put sell stop @2010 after reach towards LastKiss @ 2020...

syedshanifahmed

Technical Analysis: Minor Bullish Trend has observed making continuous HigherHighs with HigherLows... Price is above SMA-50, SMA-100 SMA-200 ===> intermediate BUY oppertunity Price is below SMA-600 ===> @caution might not be break RSI(14) is above signal line...

syedshanifahmed

Continuation in Bearish Trend by newly formed bearish trend.... we accommodate decisions to stay inside Red Box(sell zone)... COT reports demonstrate Commercially strong Sell... Sharp advancing in Gold prices indication of confidence of Buyers as Israel Palaestine conflict.. Major Indices Tumble... No any support observed near by Red Box (sell zone)... No major...

syedshanifahmed Updated 

We prefer to stay long with Stop Losses.... tomorrow is Buy Market prefered.

syedshanifahmed Updated 

Good to say Bye the Bearish Trend... Our wave analysis forming reversal patterns... Pair is leaving its Sellers for settlements as observed.. Corrective waves are shorten their each cycle where impulsive too.. Vast Bulls Candles with handsome bodies observed since last few session.. Here, need patience to get the Rocket at right time... if the resistance is broke...