ASAMForex

ASAMForex

Based on todays market outlook, we expect a massive sell when price breaks a support line indicated in a chart. Yesterday we hard a short term projection that did well. Watch the market action around those areas indicated in a chart for the breakout and retest in the lower trend line. For trading opinions on this analysis, write in a comment section.

ASAMForex

Based on today's price movements, it seems like now price has completed forming a LEADING DIAGONAL which is clearly visible in hourly and timeframes below it. This is expected to be followed by a sharp correction to the level of the forth wave of the diagonal which reads at 0.78% Fibonacci. Then after, price is going to rise very fast in formation of the third...

ASAMForex Updated 

In relation to this week movements in Gold, there has been a series of short term up and down moves that were somewhat boring to most traders. The overall market move was too slow because there were few fundamentals related to gold. But the general market move for the whole week was a forming a symmetrical which was the forth wave in particular degree. Having...

ASAMForex

At the current price position, we are looking for long positions today. But the market seems to have been completing the downward move by having at least a single downward push then up. There are two alternate counts that both support the rise in price of the precious metal. But we are looking for today's CUNSUMER PRICE INDEX NUMBERS at 3:30pm (3hrs GMT) if...

ASAMForex

in relation to the past week down ward movement of price, followed by the pullback to the upside. Today market projections dhow possibility of price to fall to low levels reached last week or may exceed little lower. The current downward movement is expected to be a five wave move in completion of wave "C" of the forth wave correction in higher degrees. Watch for...

ASAMForex Updated 

At the current market price, Gold seems to be completing the forth wave of an ending diagonal of the "Fifth of the Third" . We expect a rise in price to the levels indicated in a price chart, then will be followed by a bigger corrective move in the Forth wave of the greater degree. NOTE: currently the market is at the zone, therefore, wait for market actions at...

ASAMForex

Hi traders..... Here is a short term target in GOLD clearly targeted from M15. We expect price to rise in completion of wave "C" in a given degree, then it will turn in continuation of the down ward move as a correction of higher degree than the one moving up. Use your own trading rules to target entries in this move. For any opinions on this, write in a...

ASAMForex

Here is todays market outlook on GOLD in Daily time frame. There is confluence of factors at the current market price that satisfy the idea that PRICE IS ABOUT TO DROP . We expect a downward corrective movement that will take any version of corrective structure. Similar direction is expected to occur in SILVER and AUDUSD because they exhibit positive...

ASAMForex

Based on todays market outlook, GOLD is expected to take a bullish move following the paths indicated in a chart price. This is the final move up (Fifth wave) in completion of impulsive move in a given degree. Silver and AUDUSD will have similar move but may take place at varying degrees. so, you can capitalize yourself by trading wisely on these three...

ASAMForex

Hi traders.... Here is our price projection on GOLD that we had since May 4. Nothing has changed, but we publish this again because our past two ideas were hidden due to certain reason from Trading View moderators. Now lets keep on watching thing move as at the current price is facing a strong resistance from the past days. If it will be broken successful we...

ASAMForex

Based on today's market structure in GOLD, it seems to keep on rising to certain price levels as indicated in the chart.

ASAMForex

Looking in detail on structure of silver it seems to have completed forming a triangle pattern that constitute the forth wave of the five wave structure up. Therefore it is expected that, the market will keep rising in completion of the fifth wave.

ASAMForex

In higher degrees the price has completed the upward move that seem to be the XX move, therefore we expected the longterm move down in completion of Z wave down of the bigger WXYXZ pattern.

ASAMForex

Based on our wave forecast done recently, it seems that Gold is going to rise in the final fifth wave up in a given degree. The third wave was one of the very fast move exploited effectively yesterday with us together with most of our closest followers. Keep watching market actions at this level if is not going to form combination of corrective structures.

ASAMForex

We anticipate gold to correct to a certain level down (roughly a 0.618 Fib). This is highly possible because the price has already completed five wave move up. But price is still playing at the zone (resistance), let's watch the market reaction at the zone before taking any trading decision.

ASAMForex

This is the current market projection in SILVER. We anticipate the five wave move up in the third of fifth. This is the high probability wave count despite the fact that there is fake out during completion of fifth wave of wave "C" down.

ASAMForex

We anticipate a fall in price of Gold to the areas of levels indicated in the price chart here. This is the high probability count, other alternative counts are possible to take place. We usually watch for the price action on our analysis before moving to the next alternative count.

ASAMForex

As recently GOLD (XAUUSD) was rising, we have recognized the completion of the five waves up followed by lower degree five waves down. REMEBER: Five wave move against the major trend indicates the beginning of correction, specifically ZIGZAG CORRECTION. Therefore, we expect ABC zigzag correction that later will be followed by continuation of the trend to the...