GumnamSK

GumnamSK

15 min candle started bearish trend although Swing trend is bullish and swing hl is not confirmed yet. I am on bearish bias untill it breaks 1925.

GumnamSK

Gold is ranging because of fomc news. Price could fall from this 1655 strong resistance area. if could not hold this area then we could see market pushing up . I am seeing price will come to 1635-1640 area and rise again it maybe before news or after news. Good luck!

GumnamSK

Gbpusd could reverse the bearish trend with double buttom pattern. We are on a long bearish channel which gonna break very soon which will give more confirmation on bullish trend. Trade safely

GumnamSK Updated 

Xauusd bullish momentum has just started. Bullish final target is 1807. Now we should keep eye on resistance area 1727/ 1745/ 1760/ 1785. Trade safely good luck

GumnamSK Updated 

Finally Audusd market started bullish trend, now price could fall down to find support. we have to wait break of structure in small time frame to short from this area

GumnamSK

Xauusd is about to rise towards supply area. We will wait for rejection at demand area to go long if this area break then price will fall down to 1680 area to find strong support.

GumnamSK

Audjpy pair is about to break resistance area and continue bull run again. Market couldn't break its recent low so there is high chance to break last higher high. If break it will give us confirmation to go long positions. We will wait to drop at demand area to go long.

GumnamSK

Now price could rise as i see there is strong support in 4 hour time frame @1733-1722 area. Market started to reverse as there is break of structure. now bull start to run from base supply area before structure break. First target would be around 1760 and second 1785 final target is 1807 from where market falldown aggressively.

GumnamSK

Once again usdjpy pair make new all time higher high but 4 hr candle is unable to close above recents high today price could fall as a bearish momentum continuation. Confirmation for sell entry would be 1 break of structure 2 break of pattern

GumnamSK

Gbpjpy pair gonna falldown to find strong support. All the support zone are already tested so it's time to break recents support zone and make new low. As we can see there is flag pattern already break and went up for supply. Now price is at supply area and start to reject. Best price for sell Gbpjpy pair.

GumnamSK

Now price is rejecting from last supply area from where bear are aggressive.We can see there is lots of struggle on bull side which indicates us price could fall again. Market is making rising wedge pattern and Break of rising wedge pattern will give us next clue

GumnamSK

Here we have 1:7RR short setup on gbpjpy pair, market have moved down with huge pressure from this supply area before now we could see huge falldown again to find demand on the market

GumnamSK

We can see bearish moves from supply zone. Usdjpy pair started to fall and break the structure of higher high/higher low. After breaking structure price moves up from short term demand area for the retracement. Now its time to make new low with break of flag pattern.

GumnamSK

Gold price have started to rise from demad area now break of flag pattern will give us confirmation to go long.

GumnamSK

Gold market about to make higher high as 4hr candle close with bulish engulfing from the demand area.

GumnamSK Updated 

xauusd forecast for today. Market is going to find support demand area of 1835-1837. We have to wait price action on that area for long entry.

GumnamSK Updated 

Market is on bearish trend right now and i expect to fall around support/demand area.

GumnamSK Updated 

Xauusd best price to go long is around 1812 with tp1 1822 n tp2 1832 tp3 1842. Retracement in between 61.8 - 50% from lower low to recent high 1819.