Watch strong price action at the current levels for SELL. GOOD LUCK! Price has failed to make new highs multiple times now, expecting downside moves today!
NZDUSD SELL PRICE: 0.66521 TP: 0.65957 SL: 0.66827
XAUUSD bounced off 1883.07 where it could potentially rise further to 1917.32. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
There is hardly any selling pressure today as we near our 61.8% retrace off of a downward wedge that's been consolidating throughout the past 2 weeks. I would wait until we hit at LEAST 1737.00 to short this market. There seems to be no sign of major selling pressure as of yet. This is just my opinion of the market, this is not financial advice of any kind. Enter...
gold is now in corrective face in descending channel buy low and sell high wait for breakout
Setup Overview: I believe gold has completed its 'A' pattern of the 'ABC' correction structure. Now that we have this data, we can make an educated guess that the market will go for shorts around the 1573 to 1583 mark (red zone drawn above). It's important to monitor price action in this zone before placing a sell order (because of the 100 pip differential between...
BUY & SELL Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
Pair: XAUUSD Prediction: Sell / Short Target: 1265,00
Multiple possible scenarios setting up on Gold Potential long reversal trade on next supply zone Long from 1281-1276 SL 1272 TP 1300 Potential short continuation trade on previous structure Short from 1300-1305 SL 1310 TP 1281
Price is approaching our first resistance at 1325.87 (horizontal swing high resistance, 38.2% Fibonacci retracement, 100% Fibonacci extension) and a strong drop might occur below this level, pushing price down to our major support at 1302.72 (horizontal swing low support). Stochastic(89,5,3) is also approaching our major resistance where a reaction off this level...