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...
Gold is at the end of wave 2 and now it can start a bullish wave 3...we are now in the corrective waves of wave 2...and we are waiting for a bearish wave 3 to start after a bullish pattern...
Our response is between two ranges of 100. We saw 127 Fibo projections of a downward movement. Currently, it is expected that in the form of a correction (ascension) from the downward trend to the range of 1888.23 overlapping with the ceiling of the channelized minor wave. If the above range is broken, we can expect growth up to the range of 1895.40 based on the...
In the weekly time, it has touched 2 targets in the ranges of 1559.987 and 1677.979. Now both of them and the areas between them can be considered as resistance for further reduction. Both of them are located around the second swing line. Now, in the weekly time, we can expect negative divergence to decrease in the current wave.
#XAUUSD According to our previous analysis of XAUUSS, GOLD went UP very fast in the previous weeks. Because of the NEGATIVE SENTIMENT against the dollar, US10Y went down due to this. Then I automatically bought GOLD. But the last day all those INFLATION INDICATORS were NEGATIVE, so GOLD was slightly SELL. It is definitely a very important indicator for the...
Fundamental & Technical Analysis Reason For XAUUSD Short 1. Obey strong Resistance @ 1880 2. Make a Fake breakout @ 1660 and make a Trap for Buyers 3. As it was in Bullish engulfing it it may Smell up to 1880 4. Bearish Rising wedge Confirm the Short sell in strong uptrend Fundamental Reason Retest dxy around 104 ,if break Below and touch 103 XAUUSD reach...
26 Dec expecting this type of move currently we are in wave B in mirror time frame
Reason For XAUUSD/GOLD SELL Rsi 14 Below 50 and indicates the tends in sell for 1h Stochastic 5,3,3 Over Bought and tend the asset to Fall Overall Possibel Outcome FX SIGNAL GOLD SELL 1785.40 TP 1774.12 SL 1792.01 FREE SIGNAL
XAUUSD FUNDAMENTAL & fundamnetal REASON FOR BULLISH 1. Breaked Downtrend Line 2. Formed W pattern ane make a Break @ 1810 as DXY gettimg Weaker 3. Formed Three White Soliders which denotes continue in uptrend line 4. Dxy Breakdown the Uptrend kast month and heading towars 100.00 which is support Zone Overall Possible Outcome Buy above 1810 sl 1760 tp 1887
#XAUUSD According to the analysis we gave to XAUUSS earlier, GOLD went UP very fast in the previous weeks, BREAKING the TREND LINE. Due to this US10Y went down. These days the FED RATE HIKE SLOWDOWN SENTIMENT and, in the short term RETAIL SALES, NFP and PMI DATA being POSITIVE, managed to make the USD STRONG. But since all the ECONOMIC INDICATORS were...
XAUUSD Rocket Again Technical Reason For Short Term Fall and Bullish 1. Single Candlestick Pattern Confirm the Hanging Man and tends to ShortS Sell and retest the zone 1760-1770 2. W patte Confirm the breakout in 1800 and tends to bullish and make Long Target of 1880 and short Target of 1815 Fundamental Reason 1. DXY sitted around the 104 which is Major...
As virtually everybody has anticipated, Gold reversed from 1680-1690 zone help and now could be buying and selling 200 pips above this essential zone. However, for my part, this isn't a reversal of the leg down from above 1800 began in mid-August, however only a correction. Looking at the posted chart we will see that above 1720 is a robust confluence resistance...
GOLD is sell in short term, formula candle appears on the resistance again in 5M chart
#XAUUSD According to the analysis we gave to XAUUSS earlier, GOLD went UP very fast by BREAKING the TREND LINE. Due to this US10Y went down. The main reasons for that were the REPUBLICANS winning, and US CPI DATA being NEGATIVE. We have some very important NEWS coming to USD this week. Be sure to keep an eye on it. Anyway, with LABOR DATA DOWN, GOLD is...
For the ones who did take the short position with me this is what i want to happen 1: A retest of the .236 lvl of (1630.175) for the 2 hour inside bar with a 15 min candle stick either closed under it but i want it to kiss it with a wick because itll be better sooner then later to actual see if this thing can keep going down 2: Once we do get the 15 min candle...
XAU-USD is going up to retest The resistance cluster of the falling And horizontal resistance levels at 1651.000 So I think that after the retest Of the resistance cluster A bearish pullback will happen