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In the daily chart above, we see how the bulls have taken control of the market before the recent pullback. The wedge pattern has been broken to the upside and the price has retraced to the demand area. What next? The answer is that the bulls may continue pushing the market to the upside in the coming week because of the bullish pin bar that has been printed on...

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After last week's strong sell of the GU pair, the pair finally ended up printing a semi-classic ish pin bar in the chart, which is showing us the probability of the bull's take-over of the market in the coming week. In the above chart, technical analysis shows that for a couple of weeks now the price has been in a channel, going up and down before a...

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Hello there, let's discuss what could probably happen in the gold market in the coming week. As you might see, the gold order flow has been bearish for the past few weeks now, as indicated in the weekly timeframe by a trendline drawn in the chart, showing us that gold might continue to go down to the 1885.325 support level area. You may ask why selling gold. See...

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The price has retraced to the FVG and mitigated it. It has also respected the 50% Fibonacci level by printing an inside bar candlestick pattern, which is an indication of the price reversal We are waiting for one more signal before taking a trade. But the overall market bias is bearish.

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The GU has reached the extreme, aiming to head back down deep. We have seen a change of character printed on the chart, a 30-minute timeframe. Place your stop above the resistance level and target 1-3R.

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We remain bearish as long as the price stays below the supply zone. The current market behavior around that zone shows that the bulls are struggling to break to the upside. If they fail, then expect the price to head down to the demand area before the bull could step back into the market to push the price higher. Remember, the banks will never buy there. If they...

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Currently, the gold is at the supply zone lingering and showing rejections of the zone, which is an indication of the bulls becoming uninterested in the price of the asset. If finally, the bulls show no more interest in the current gold price, then expect it to drop down to the demand area where we could see the bulls coming in to push the price higher. Bias: we...

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Hello traders, I hope you took trade on XAUUSD with me, and you have taken your profit because our take profit has been hit. Don't be greedy. This is a usdcad technical analysis. Currently, the price is bullish and it we have seen the change of character already taken place the second structure high has been broken, and it's now retested. From this point of...

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The xauusd market flow is bearish, as indicated in the chart analysis above. The price has retraced to the order block area and shows a rejection in the upward movement as it reached 76.8 I fib level. Order type: Market Stop: above the bearish don't candle Take profit: 1920.095

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Hello there, technically, the xauusd is showing a bearish reversal as the price has broken the previous low and is headed for a retest right now. The smt chart pattern that the price has printed on the chart is called a bearish mitigation block. The price is currently below the 50 percent fib level, showing a bearish momentum to the downside.

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Hi there, looking at the GU market today, you could notice that the price has shown a deceleration in the bullish move, which shows that the market is preparing to head back down to the support level. A bearish pin bar has formed which indicates a lack of interest in the current market price from the bulls. Also, the price is between 61.8 and 50 percent of...

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Hello there, we may see a sell continuation today in the gold market as the price is currently lingering between 61.8 and 50 percent of Fibonacci levels in the downtrend market. Also, a nice bearish engulfing candle that completely swallowed the previous bar has been printed on the chart, showing us that the bears are in control. Market condition: Bearish Order...

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The GU has shown us a change in direction, and the price is respecting the order block by showing an exhaustion candle around It. Higher High and Higher Low have formed. It's the beginning of the uptrend move.

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Looking at the chart above, you will see that the price is making a short pullback to the key level area. But I bet with you that this is the best time to shorten it by going down to the lower timeframe like H1 or m15. The price is still within the range of the pin bar candlestick. If you short this market, then the best area to place your stop is above the...

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Technically, the audjpy is very close to the historical high, and the slow push of the bulls to this area is a clear indication that the bears may take over the market soon. All I'm waiting for is for today's candle to close and form a bearish bar, then the trigger to short will be pulled without hesitation.

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Currently, the gold order flow is bearish. The price has broken and retested the strong support level. Now, the bulls appear to show no more interest in the price of Gold because of the presence of the exhaustion candle, a semiclassic pin bar, that has been printed on the chart at the key level area, followed by a small bearish candle. Expectations: we expect a...

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This signal is based on the smart money concept. From the technical analysis above, we can see that the current market structure is bearish, but not strong. Previously, the price closed below the Order Block and Fair Value Gap by an inside bar candlestick pattern.

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Hello there, the EU has broken the recent previous higher low, the previous support, creating a CHOCH. The interesting part of this price movement is that the previous support level has been retested printing a bearish pin bar on the chart, followed by an inside bar. What next? At the opening of the market tomorrow, we should expect a small gap-up before the...