MrZMustafa

MrZMustafa

This week Gold will come to rebound from the previous 0.786 level of 1910. This level can be used as a support zone to test, rebounding to 1940 as the opposite direction Fibonacci level of 0.786. - Comment if you think my subjective & objective perspective is good. Like ł Share l Follow

MrZMustafa

My personal analysis, what do you think; how could I have done better? Comment down below.

MrZMustafa

As you can see from the analysis the indicators: ○ RSI: Touched the Lower Level. ● Stochastic: Touching the lower level. ○ Bollinger Bands: Near Aproach of Lower band. The drawings show more information as there's a range tool showing only a few hundred pips support and resistance area. Otherwise saying fundementally USD is going bullishh making other major fiat...

MrZMustafa

Fundamental analysis: There is controversy on the direction of gold fiction of gold, some seeing and saying a retest you are saying a retest of resistance high levels is possible. Whereas some and most see and agree to a bearish market due to hawkish fed reservation reports. Stimulating the indicators and price action in volatility to be more bearish. Technical...

MrZMustafa

Fundamental Analysis: Inflation will bring gold price up, being a safe haven it will provide a steady stable week ahead. Otherwise I'd say bearish, speaking for some analyst who I disagree with partly... we will have to sweater the release of US news. Technical analysis: 2 hour chart that shows a range of day & week perspective. The price action shows us a...

MrZMustafa

Please comment & inform me if this is correct & how I can improve or where I have made mistakes - Thank you. - The trend is currently bearish in a wave 3 directional move going into a wave 4 pullback. Candles of the past week have been short with no volume in comparison to the previous 3 weeks; change of direction sign. In addition, it is travelling through a...

MrZMustafa

Head & Shoulders patter | Weekly Time Frame | Month Period Profit - Trade advantages: $$$ Have some change & extra pennies just before Christmas $$$ - 1) Head and shoulders is a STRONG reversal sign. 2) Repeated lower highs from trend direction. 3) Higher Reward to Risk ratio of trade with Sniper Entry.