CeylonBull

CeylonBull

Since the lower time frames indicated a change in the trend yesterday, we are expecting a retracement of the price to 50% fib where the yesterday's buy orders are stacked. Would not buy until the price re-cross the 20 MA to the upside. Good luck guys Ceylonbull

CeylonBull

Since the price broke below 20sma and confirmed the short positions early London session, now the price has lost its selling pressure temporary allowing the sellers to sell more at a higher price. I have got one position opened with the dominating sell candle on 1H chart and two more pending orders below the daily low. TP1 is at 1972 and TP2 at 1954. Good luck...

CeylonBull

My idea today is to see the down trend to continue towards 1950 before it test the monthly high again. Just waiting for price to break below 20 sma and to take a 1:4 trade. Good luck guys CeylonBull

CeylonBull

XAUUSD will be retesting 1856 again possibly after this 4hr candle close and will be running upto 1882 area since every other demand and supply zones are already tested. Good luck

CeylonBull

Gold is forming a bull flag pattern and if the 1hr candle closes above the pattern would be confirmed. If confirmed my targets are at 1875. Good luck

CeylonBull

Gold created the QM pattern and will be heading towards the 1885 area. since there is an order block around 1852 wait for the price to retrace to enter into long positions. My guess the retrace will happen during London session and by the beginning of US session price might reach 1885 area. but be advised entries need strong confirmations since the higher time...

CeylonBull

Gold has reached a drop based drop situation as I have marked the Order Block could be next support so have a take profit slightly above the zone to avoid chaos. Good luck Traders

CeylonBull

Hey traders I noticed an ascending triangle forming on gold and I recommend to enter on a clean break upwards or on a retest but be careful cz there could be stop hunts along the way. Good luck

CeylonBull

On 30 min chart you could clearly see a descending triangle on XAUUSD pair and once it breaks the lower trend line it would be good for sells plus daily chart shows a bearish trend too after a two day pull back. Price offers a 1909 area for TP so I would recommend setting TP around 1911 for TP to avoid the chaos area. Good luck Happy trading guys

CeylonBull

Gold is on a short term rally to the upside and the next most important area would be 1956 - 1962. I would be on a buy trade at the moment since all lower time frames show bullish trend and higher time frames like 1h 4h or daily has crossed RSI 50 upwards so most likely to continue until its over bought. My advise just set your TP below the chaos area with lot of...

CeylonBull

XAUUSD has reached the descending triangle pattern which makes it more likely to break out and continue to the down side. If it breaks I would recommend having a TP at the next 1908. Once the break out is confirmed enter if not stay away since it has way too many wick rejections and can be the end of bear run as well. Good Luck traders

CeylonBull

AUDJPY forming a rising wedge on a previous down trend and has reached to the previous demand area. There is a possibilty to break the trend. Word of advise: wait for the trend to confirm as shown in the chart or don't get into the trade with no confirmation. Happy Trading Guys

CeylonBull

TVK changing trend and potential buying chances to ride the uptrend. Best buy scenario - wait for the price to retrace and create the next higher low around a support area and buy. Buy the dip and enjoy the ride!!! Happy trading!!

CeylonBull

AUDUSD is at its 3rd touch on the daily trend line and DXY is also showing some resistance at its current price. if DXY finds resistance at current level and moves back down, its time for audusd to move back up and break its old daily high to continue its daily uptrend and respect the trend line. My advice is to wait for two confirmations, 1.DXY confirming a...

CeylonBull

Hey guys XAUUSD is creating a perfect head and shoulder but gotta wait for a confirmation on the right shoulder cz the price is playing around a daily level so there can be a lot of volume. make sure to see a clean break above or below and jump in if it breaks below that would confirm the head and shoulder. Happy trading guys

CeylonBull

GOLD daily chart is forming a head and shoulder pattern as I have marked since tonight is going to be chaotic with the NFPs lookout for the pattern to complete. if so gold would create a nice move down. yet be patient until you are 100% confirmed. Best of luck!! Happy trading guys

CeylonBull

Gold seems to closing on to the rising wedge and its almost ending. so wait for a break out and keep an eye on the break out until it is proven not to be a fake breakout. I would target 1774 as my 1st TP and leave half of the position towards 1768. Thanks & happy trading everyone

CeylonBull

If the price bounce back from the previous 1hr resistance level there will me a nice bearish move towards 0.7296 area since "M" pattern on 1hr and 4hr chart is forming. but wait for a pull back. On daily time frame price reached to 61.8% fib level. Be patient and wait for a correct pull back or a stop hunt. But be warned the price strength is still lower for USD