A breakout in Gold is within striking distance of the 2021 high-week reversal-close at 1849 and we’re looking for a reaction / possible inflection up here. From a trading standpoint, a good zone to reduce long-exposure / raise protective stops – be on the lookout for downside exhaustion ahead of 1795 IF price is indeed heading...
Gold attempted to tackle the $1,800 an ounce this week — a level, which once breached, could help get the precious metal above $1,900 an ounce, according to analysts.
Even though the attack on $1,800 was unsuccessful for now, analysts remain optimistic on gold's near-term price direction. The positive outlook is largely due to two drivers — the recent bitcoin...
We can see some sellers still in the market.
We are looking for and entry around (1680.0)
before price actually move long
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How to identify these zones?? It's simple because these zones are characterized by strong moves. The secret behind supply and
demand areas is that big players put their pending orders there, when the market approaches these zones, we see a crazy move from these levels.
The daily and 4-hour supply and demand areas are the most powerful zones in the market.
“Make it simple, make profit”
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I will begin NASDAQ ZeroMarket US100 Chart Analysis for November 25th .
This is a...
Good Risk Management due to its volatility.
So just looking at the chart above i can see a nice head and shoulder formation happening here.
Overall Trend is going upwards.
Looking to catch head downwards and the right shoulder upwards.
if this head works out analysis on the right shoulder will be followed on.
What's your thoughts on the Gold Market...