As per our analysis earlier this week, we saw EMA5 break 1818 and 1823 level and secured with candle body close. This confirmed our movement to 1830. We now have a candle body close and EMA5 break to confirm movement up to 1838. We have some retracement due to the strong 1830 level which was expected to see sellers coming in, however 1823 has now supported this...
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
I take this for long time because it's going to take time for breakout support. Once it touch to 1780-85 then it should reflect till that time we are not opening any order. Here scenario is bearish and we all need a best point to place order. Have patience’s don’t be hurry good time is yet to come. Remember one thing we are not going to place BUY order, next...
It's another fall SETUP for GOLD Well this time it will move more down 1715, but before that it should touch resistance of 1772 and 1775. It will be good to place order blow 1770. Price shouldn't go above 1782, this will change the flow. Look at 4H chart and see for strong chandle that make sense. Our target is 1715 and 1668. If you like this just follow and...
Due to recent events of an unprecedented and MASSIVE rally to the upside on the test level buy order block at 1721, are we finally at the dawn of that long ride towards the +2000s again ? Daddy Wyckoff seems to agree to that so far ...
Overbought - STOCHRSI(14) = 80.516 Overbought - Williams %R = -11.747 Less Volatility - ATR(14) = 4.4036 Buy - RSI(14) = 61.981 Buy - STOCH(9,6) = 69.319 Buy - MACD(12,26) = 2.380 Buy - ADX(14) = 30.455 ...
Why GOLD is bearish A number of factors are driving investors out of riskier assets and into the traditional safe-havens – Treasury notes, Japanese Yen and U.S. Dollar. Gold is benefiting from the drop in yields but also from the plunge in the global equity markets. Stock traders essentially need some place to park their profits so gold is in some ways...
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Hello Traders, GOLD has formed a bull flag on 4 H timeframe and is likely to rise to 1827 level. from there price may rise or drop based on price action
Gold is over sold and we can spot a Divergence on a support level at 1760, and MACD is giving a buy signal. i think it may go up until 50-61 Fibonacci levels between (1780-1785) and then go down again or break above the resistance at 1785.
technical and fundamental is buy on gold , as you can see buyers are stepping in and price will go higher
Morning Traders Covered a lot on gold of late and very many ways this instrument can be traded on the two scripts we use. Ultimately as a trader we have to pick styles and strategies that suit us as individuals. Thankfully for me our 'EDGE' script is adaptable to any time frame and any instrument. Working a follow trend strategy here on gold with a set...
As you can see in the 4 hour chart there is a support area which is between 1773 and 1764. If this support area could not support Gold price very well we might see that the downward trend continues and Gold falls to at least 1727 and even more. Plus according to Elliott wave the 5th impulse wave still continues . please write down your idea
Here is my continuation analysis of Gold (XAUUSD). Same as GBPUSD, Gold (XAUUSD) also got a massive setback moving approximately 600 pips yesterday. In my opinion Gold (XAUUSD) still aiming for the upside. Yesterday's drop for me still only for a retracement before going higher. As I can see Gold (XAUUSD) retesting the daily downtrend channel. And in my waves...
Here is my continuation analysis of Gold (XAUUSD). In my previous analysis of Gold, my target TP area and buy area was around 1837-1845. But after I re-analyze there is another possibility for TP and buy area. Here is my alternative scenario from the previous one. The other area that can consider gonna be TP and buy area is 1861-1868 which is the weekly low area...
I can See A lot Bull Power in market SO we can see two points which market can follow after that we can confirm the Market direction WHATS YOUR IDEA ? FEEL FREE TO COMMENT THANKS .