daytradetraining

daytradetraining

Hello Traders , What do you think for Gold ? In 4 hours Time frame , we can see the price is still in profitable area . 50 EMA is above 200 EMA and more specific the price doesn’t drop below 50 EMA . The previous days , we experienced twice to touch almost Resistance and Support ( 50 EMA ) , without any breaking condition . If we take into consideration the...

daytradetraining

Hello Traders , What do you think for Gold ? The price still keep the uptrend . Friday we saw Gold to hit Resistance and then to fall suddenly to the support zone of trend . Once the price stabilize and locked above 2048 then we can expect the price to hit Resistance and almost in the end of this week will be at 2500 . If this post was helpful for you ,...

daytradetraining

Hello Traders , What do you think for Gold ? Gold is in strong uptrend since yesterday . My personal opinion , the price will continue in uptrend canal . So eventually will see the price to fluctuate between support and Resistance of trend . I truly believe will see the price to touch 2400 this week . If this post was helpful for you , please share your...

daytradetraining

Hello traders . What do you think for GOLD ? Gold broke Resistance and obviously we are in uptrend now . I have 2 options on my head . Option 1 . The price will continue to climb in uptrend canal . Option 2 . The price might break well above Resistance of uptrend with no Retest to the trend line . If this post was helpful , please share your comments and...

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Hello traders . What do you think for GOLD ? After the drop from 2222 to 2157 , we are waiting some upward correction . Please have a look the upward triangle . Price will fluctuate a bit close to 0,618 level and then it will increase up to any specific level of Resistance . If this post was helpful for you , don’t forget to like and to share your comments ....

daytradetraining

Hello traders , What do you think for GOLD ? I truly believe in 2 options . Option 1 . Price will continue to support and then up to 0,618 level of Fibonacci , expecting after the price to decline up to any level of new support . Option 2 . The price will continue to decline as per the downtrend canal . Note . If the price fall below 2150 , we can expect...

daytradetraining

Hello traders , what do you think for Gold ? After huge high record of Gold , we might expect some correction this week . My personal opinion the price first will jump to Resistance level and then it will decline up to any level of support zone . If this post was helpful for you, please don’t forget to like and comments . Thank you .

daytradetraining

Hello traders , Obviously the GOLD is still in uptrend . Be aware after advancing stage will experience the distribution stage , so the fluctuation on price will be less and the price more stable . But we expect some pullback from Resistance zone . I see strong support above 2050 zone plus the RSI is already overbought so eventually the retracement has been...

daytradetraining

Hello traders . What do you think for GOLD ? I have 2 options on my mind . Option 1 . The price will bounce to support zone up to any level of Resistance. Option 2 . There is huge possibility the price to decline up to any level of new support . If this post was helpful for you , please share your comments and like . Thank you .

daytradetraining

Hello traders . What are you thinking for GOLD ? The downtrend canal will continue and this week . The price is expected to drop up to any specific level of first support . If the price breaks then it will continue up to the second support zone . If this post was helpful for you , please share your comments and like . Thank you .

daytradetraining

Hello traders . What do you think for GOLD ? Following the downtrend canal the price will decline up to any specific level of Resistance level to new support zone . Please take into consideration, 50 EMA is below 200 EMA and the volume is reduced declaring the weakness to continue higher . If this post was helpful for you , please share your comments and like...

daytradetraining

Hello traders What do you think for gold ? The GOLD will decline this week below the support zone . We might experience small upward correction with the opening of the market . Please keep in mind the highs are getting lower and the volume is significant reduced . So initially we may experience the price to go up but then it will decline up to any specific...

daytradetraining

Hello traders , what do you think for GOLD ? The canal is still uptrend . If the price breaks resistance then it will go higher up to a specific level of Resistance of uptrend canal . If the price decline then it will drop initially up to support zone . If this post was helpful for you , please share your comments and like . Thank you .

daytradetraining

Hello traders . What do you think for GOLD today ? Today we have 2 options . Option 1 . Consolidation above Resistance price can continue higher up to a specific level of new Resistance . Option 2 . Keep in mind the highs are getting lower and lower . We might experience today false break out . On that case the price will decline up to support zone . If...

daytradetraining

Hello traders . What do you think for GOLD Today ? The price so far is moving sideways . If the price break Resistance then It will continue higher up to a specific level of new Resistance. If the price decline Resistance then the price will fall up to any level of support zone . Please take into consideration , the price started to be on profitable area (...

daytradetraining

Hello traders . What do you think for GOLD ? It’s the second week , Gold price remain above 2000 . Gold now is on uptrend and very close to support zone . Please keep in mind , small downtrend shape is forming the last hours inside to uptrend canal . In any case , I believe the price will break and continue higher up to a specific level of Resistance zone ....

daytradetraining

Hello traders , this is what do I believe for gold today . If you open any buy signal , must be above the pivot line after retest . And manage to sell below the Resistance zone . Be aware from the small downtrend canal - if it break now where the high will be modified . Because if it’s less less than the previous - I will start to think for head & shoulder...

daytradetraining

Hello traders . What do you think for USDCAD ? I strongly believe the price is time to go up . But have a look 2 things . 1) small head and shoulder is forming and 2) the divergence is bearish . Before the big wave for buy , we might see the price to retrace a bit up to any specific level of new support zone ( Red line ) and then to go up to Resistance zone...