Reason Foe Fall 1. Breaked 1h Uptrend Channel 2. Rsi 14 Below 50 Which Denotes Downward Movement 3. Stochatic Overbought In 1h Time frame Overall Possibel Outcomes XAUUSD SELL@ 1945 SL 1958 TP 1927
Reason Behind XAUUSD Bullish 1. Breaked out in W Pattern Pattern confirms Bullish continuation 2. Strong Continuation in Uptrend Channek 3. Bulllish Spinning Top Confirms Further upward Movement 4. Probably Retest Zone 1960 Overall Possible Outcomes XAUUSD BUY @ 1960 SL 1928 TP 2074
XAUUSD ( Gold / U.S Dollar ) Description : Bullish Channel in Long Time Frame as an Corrective Pattern and Rejection from the LTL Selling Divergence It can Possibly Reject from the UTL at the Daily Resistance Level Making its Second Top Break of Structure Broke the Fibonacci Level - 78.60% with Strong Bullish Price Action Completed " 12345 " Impulsive Wave and "...
#XAUUSD According to the analysis we gave to XAUUSS earlier, the DOWNSIDE WAVE, GOLD went down very fast. Due to the POSITIVE SENTIMENT against the dollar, US10Y rose due to this. Then Ibem became a GOLD SELL. Some FED COMMENTS and NFP DATA were very helpful. But last day all those LABOR DATA and INFLATION DATA INDICATORS were POSITIVE, so GOLD was slightly...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Bearish Channel in Long Time Frame as an Corrective Pattern Break of Structure Double TOP Completed " 12345 " Impulsive and " AB " Corrective Wave Consolidation Phase Fibonacci Level - 78.60%
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Impulse Correction Impulse Bearish Channel as an Corrective Pattern in Short Time Frame Divergence Break of Structure Completed " 12345 " Impulsive Wave and " ABC " Corrective Wave Fibonacci Level - 78.60%
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Rising Wedge as an Corrective Pattern in Short Time Frame with the breakout of the Lower Trendline and Retracement Divergence Break of Structure Consolidation Phase wait until it Breaks the Upper or Lower Trend Line Completed " wxyxz " Corrective Wave Demand Zone Fibonacci Level - 61.80%
#XAUUSD According to the analysis we gave to XAUUSS earlier, the DOWNSIDE WAVE, GOLD went down very fast. Due to the POSITIVE SENTIMENT against the dollar, US10Y rose due to this. Then Ibem became a GOLD SELL. Some FED COMMENTS and NFP DATA were very helpful. But last day all those LABOR DATA and INFLATION DATA INDICATORS were POSITIVE, so GOLD was slightly...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Falling Wedge as an Corrective Pattern in LTF and Breakout the UTL with Retracement Divergence Break of Structure Rising Wedge in STF as an Corrective Pattern Completed " 12345 " Impulsive Wave and Corrective " AB " Wave Double Bottom
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Following Rising Wedge as an Corrective Pattern in Short Time Frame and Breakout the Lower Trend Line and Completed the Retracement Break of Structure Completed Impulsive Wave " wxyx " Divergence Will Reject from S / R Level or Fibonacci Level ( 50.00% - 61.80% )
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Rising Wedge as an Corrective Pattern in Short Time Frame and Breakout the Lower Trend Line Divergence Break of Structure Falling Wedge in Long Time Frame and Breakout the Upper Trendline and Retested Completed " wxyxz " Corrective Wave Will Reject from Fibonacci Level ( 61.80 - 78.60 % )
Gold price is making headway for another run higher on Friday, having stalled its recovery mode a day before. Gold price is set for the first weekly gain in five weeks, as the United States Dollar (USD) has paused its uptrend ahead of the high-impact United States Services PMI data. Gold price is back in the green on the final trading day, with the renewed upside...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Bearish Channel in Long Time Frame as an Corrective and Breakout the Upper Trend Line and Making its Retracement Break of Structure CHOCH Following Falling Wedge as an Corrective Pat Rejecting from the S / R Level Divergence It has Completed the " 12345 " Impulsive Wave and " A " Corrective Wave
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Break of Structure It has Completed the " 12345 " Impulsive Wave and " A " Corrective Wave CHOCH Divergence Following Falling Wedge as an Corrective Pattern in Short Time Frame and Breakout the Upper Trend will fall to Complete its Retest Unable to Break the Previous S / R Level if reject then Sell
#XAUUSD According to the analysis we gave to XAUUSS earlier, the DOWNSIDE WAVE, GOLD went down very fast. Due to the POSITIVE SENTIMENT against the dollar, US10Y rose due to this. Then Ibem became a GOLD SELL. Some FED COMMENTS and NFP DATA were very helpful. But last day all those LABOR DATA and INFLATION DATA INDICATORS were POSITIVE, so GOLD was slightly...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : It is Following Bearish Channel in Short Time Frame as an Corrective Pattern and Rejecting from the Upper Trend Line We have a Break of Structure with Retracement Divergence Completed " 1234 " Impulsive Wave It is in the Consolidation Phase if breaks the Lower Trendline then Sell and if it Breaks Upper...
Reason Behind Bearish Continuation 1. Breaked the strong Support & trendline support @ 1830 2.Fundamentally DXY get strongger and moving towards 109 3. Retest Zone 1830 Gold will likely Fall to 1800 on the next week Opening and later Moves Over teh last week Support which is resistance Now @ 1830 Overall Possible Outcomes SELL LIMIT @ 1830 SL 1860 TP 1725
#XAUUSD According to the analysis we gave to XAUUSS earlier, the DOWNSIDE WAVE, GOLD went down very fast. Due to the POSITIVE SENTIMENT against the dollar, US10Y rose due to this. Then Ibem became a GOLD SELL. Some FED COMMENTS and NFP DATA were very helpful. But last day all those LABOR DATA and INFLATION DATA INDICATORS were POSITIVE, so GOLD was slightly...