XAUUSD Technical Analysis 03.08.2022 1h chart – Previous Daily candle closed Bearish at 1761 forming Resistance at 1772 leaving a Rejection wick at 1788.300 tapping into previous Weekly Support formed on (31.01.2022). – Buys on a close above 1763.500 targeting 1h previous Strong Support formed at 1768.300 leaving Runners to Daily Resistance formed at 1772.300. –...
XAUUSD Technical Analysis 02.08.2022 1h chart – Previous Daily candle closed Bullish at 1772.100 breaking the previous Weekly High and almost tapping the Major Weekly Support zone formed on 1st and 13th December 2021 at 1782.000. – Buys on close above 1773.700 targeting 1h Support formed on (16.12.2021) at around 1778.000 leaving Runners to Weekly previous Support...
XAUUSD Technical Analysis 01.08.2022 1h chart – The July Monthly candle has broken multiple Monthly Supports at 1796, 1775, 1757, and 1708 from April 2021 but closed with Rejection wick to the downside, Weekly and Daily from Friday 29th have closed strong Bullish at 1766. – Buys on close above 1768.000 targeting Monthly Support formed on December 2021 at 1774.800...
XAUUSD Technical Analysis 29.07.2022 1h chart – Previous Daily candle closed strong Bullish at 1756.100 breaking through Daily Resistance formed on (11.07.2022). – Buys on close above 1756.700 targeting 1h previous Support formed on (06.07.2022) at 1761.300 leaving Runners to 1h Resistance at 1765.300. – Sells on close below 1750.000 targeting 1h previous...
XAUUSD Technical Analysis 28.07.2022 1h chart – Previous Daily candle closed Strong Bullish at 1734.700 breaking and closing above the Daily Resistance formed on (25.07.2022) and (14.07.2022) as Federal Reserve increased Bank Rate to 2.50% from 1.75% at yesterday’s FOMC Meeting in order to combat the rising Inflation. – Buys on a close above at 1740.400 targeting...
XAUUSD Technical Analysis 27.07.2022 1h chart – Previous Daily candle closed Weak Bearish at 1717.500 respecting Daily Resistance formed on Monday. – Buys on close above 1721.600 targeting 30min Support at 1727.100 leaving Runners to Daily / 1h Resistance at 1735.200. – Sells on close below 1716.000 targeting 1h Support at 1711.700 leaving Runners to the next 1h...
XAUUSD Technical Analysis 26.07.2022 1h chart – Previous Daily candle closed Bearish forming Resistance at 1727.600 respecting the previous Highs and Lows of the previous day and closing at 1719.800. – Buys on close above 1721.600 targeting 4h Resistance at 1729.000 leaving Runners to Daily / 1h Resistance at 1735.200. – Sells on close below 1714.800 targeting...
XAUUSD Technical Analysis 25.07.2022 1h chart – Previous Weekly candle closed Bullish at 1728 forming Support at 1707.400, the last 2 trading days of the last week have had a huge pullback as the price tapped 1680 the previous Daily Support formed on the 8th and 31st of March 2021 grabbing Liquidity on the higher timeframe. – Buys on a close above 1734.700...
GBPJPY Technical Analysis 22.07.2022 1h chart – Previous Daily candle closed Bearish at 164.760 filling the previous Daily bottom wick. – Buys on close above 165.200 targeting Weekly / 4h Strong Resistance at 165.850 leaving Runners to Daily / 1h Strong Resistance at 166.140. – Sells on close below 164.550 targeting 4h Strong Support at 164.170 leaving Runners to...
XAUUSD Technical Analysis 22.07.2022 1h chart – Previous Daily candle closed Strong Bullish above the most recent Daily Resistance forming Support at 1697.800 breaking the previous Daily High and Low. – Buys on close above 1720.300 targeting 30min Resistance at 1727.700 leaving Runners to 1h Resistance at 1732.300 and price could potentially tap the Daily...
GBPJPY Technical Analysis 21.07.2022 1h chart – Previous Daily candle closed Bearish forming Resistance on the Daily at 165.700 as the previous Daily Resistance formed on (28.06.2022) was tapped then price rejected that Zone. – Buys on close above 165.700 targeting Daily / 1h Resistance at 166.120 leaving Runners to 1h Resistance formed at 166.460. – Sells on...
XAUUSD Technical Analysis 21.07.2022 1h chart – Previous Daily candle closed strong Bearish forming strong Daily Resistance at 1711.500, Looking back at the Daily timeframe the Monday and Tuesday daily candle has closed weak Bullish leaving Rejection wicks to the upside. – Buys on close above 1697.500 targeting 30min Resistance at 1703.000 leaving Runners to 4h...
XAUUSD Technical Analysis 20.07.2022 1h chart – Another Daily candle closing Bullish breaking the previous Daily Low but the Overall Price Action of Tuesday has ranged apart from price breaking out of the Range at Pre New York Open and then pulling back to the Range forming a fakeout. – Buys on close above 1714.500 targeting 4h Resistance at 1719.300 leaving...
GBPJPY Technical Analysis 19.07.2022 1h chart – Previous Daily candle closed Bullish at 165.080 leaving 100 Pip top wick to possibly get filled on Tuesday’s trading day following the overall Bullish market structure from the Monthly to the Weekly, Also the current Monthly candle broke its own High on Monday so the Rejection wick on the previous Daily candle could...
XAUUSD Technical Analysis 18.07.2022 1h chart – Previous Weekly candle closed strong Bearish around 1707.500. – Buys on close above 1714.000 targeting 15min Resistance at 1719.800 leaving Runners to 1h previous strong Support that was formed on(13.07.2022) at 1726.000. – Sells on close below 1702.800 targeting 1h Support from (09.08.2021) at 1693.200 leaving...
XAUUSD Technical Analysis 15.07.2022 1h chart – Previous Daily candle closed Strong Bearish at 1710 as the Minor Daily Support formed on Wednesday was broken at London Open Volume on Thursday. – Buys on close above 1713.800 targeting 15min Resistance at 1719.800 leaving Runners to 1h previous Strong Support formed on (13.07.2022) at 1726.000. – Sells on close...
XAUUSD Te– Previous Daily candle closed Bullish forming Support at 1726.000 leaving massive Rejection to the downside. – Buys on close above 1742.000 targeting previous Weekly Support formed on (27.09.2021) at around 1750.400 leaving Runners to 15min Resistance at 1755.400. – Sells on close below 1732.000 targeting Daily Support at 1726.000 leaving Runners to...
XAUUSD Technical Analysis 13.07.2022 1h chart – Previous Daily candle closed Bearish at 1726.200 as the price tapped the Daily Resistance formed on (11.07.2022) to grab Liquidity. – Buys on close above 1728.900 targeting 30min Recent Resistance at 1733.200 leaving Runners to 30min Resistance at 1738.500. – Sells on close below 1723.300 targeting 1h previous...