talhashaheen

talhashaheen

EURUSD is moving down, which means we are looking for bearish trend continuation trades. The market made a complex pullback and tested the resistance + trendline. We expect a bearish move from the resistance level and a further bearish move. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!

talhashaheen

Pivot 1659.00 Our preference Short positions below 1659.00 with targets at 1639.00 & 1630.00 in extension. Alternative scenario Above 1659.00 look for further upside with 1667.00 & 1672.00 as targets. Comment The RSI is bearish and calls for further decline. Supports and resistances 1672.00 1667.00 1659.00 1649.00 Last 1639.00 1630.00 1621.00

talhashaheen

GOLD is consolidating at the support level . The market failed to make new highs and bounced off the trendline. If the price returns to the resistance level + trendline, then we can look for selling opportunities. We expect support levels to be tested.

talhashaheen

Pivot 1658.00 Our preference Short positions below 1658.00 with targets at 1641.00 & 1636.00 in extension. Alternative scenario Above 1658.00 look for further upside with 1664.00 & 1672.00 as targets. Comment As long as 1658.00 is resistance, look for choppy price action with a bearish bias. Supports and resistances 1672.00 1664.00 1658.00 1654.40...

talhashaheen

1653.00 is our pivot point. Our preference The downside prevails as long as 1653 is resistance. Alternative scenario The upside breakout of 1653, would call for 1666.50 and 1674.50. Comment The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Gold stands below its 20 and 50 period moving average (respectively at...

talhashaheen

Pivot 1656.00 Our preference Long positions above 1656.00 with targets at 1672.00 & 1683.00 in extension. Alternative scenario Below 1656.00 look for further downside with 1649.00 & 1642.00 as targets. Comment The RSI is mixed with a bullish bias. Supports and resistances 1693.00 1683.00 1672.00 1664.00 Last 1656.00 1649.00 1642.00 Number of...

talhashaheen

Preferably suitable for scalping and accurate as long as you enter carefully the price behavior with the drawn areas. With your likes and comments, you give me enough energy to provide the best analysis on an ongoing basis. And if you needed any analysis that was not on the page, you can ask me with a comment or a personal message.. Enjoy Trading... ;)

talhashaheen

In my yesterday's commentary, I said that is imperative for bulls to maintain 1680 intact, and they failed to do this. Gold dropped pretty hard and closed again under this important level. Considering that the recent rally stopped exactly in the falling channel's trend line and this recent failure to stay above 1680 support we can expect continuation to the...

talhashaheen

GOLD broke and closed below the support level which became resistance. The market failed to make new highs. If the price returns to the resistance level , we can look for selling opportunities. We expect support level to be tested. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!

talhashaheen

Gold has traded downwards since the end of March, however, what first looked like a break under important 1680 support of a double top pattern seems to be a false break with the price reversing very strongly from the 1615 low (1000 pips above at the time of writing in just a matter of days). Now the price is trading confortable above this important level and above...

talhashaheen Updated 

After last week's low at 1615, Gold recovered and rose 850 pips from the bottom to the top. At this moment the price is facing resistance and a drop could follow. Sell rallies above 1700 is my strategy and I expect a drop to the 1660 zone.

talhashaheen Updated 

After last week's low at 1615, Gold recovered and rose 850 pips from the bottom to the top. At this moment the price is facing resistance and a drop could follow. Sell rallies above 1700 is my strategy and I expect a drop to the 1660 zone.

talhashaheen Updated 

The market broke and closed below the lower border of the range zone, which became resistance. Price action pulled back from that level, and it might go down. We expect to test support levels.

talhashaheen Updated 

The market broke and closed below the lower border of the range zone, which became resistance. Price action pulled back from that level, and it might go down. We expect to test support levels.

talhashaheen Updated 

Check out the trade plan for XAUUSD today based on the technical analysis . Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you! XAUUSD has formed a descending channel . We can spot a clear bullish breakout formed on the channel where it now holds the 4th impulse back towards the key level...

talhashaheen

Hey Everyone, Please see updated D1 chart with new Goldturns, support/resistance structures and targets. We saw price move up aggressively at the end of last week with a test on the resistance structure. This left a candle body close above 1671, leaving a gap open to 1676. However, we saw a rejection on this level on Friday, which may follow with a movement down...

talhashaheen Updated 

As we said before 1600$ to 1625$ is major daily support and price respect this support zone and we can expect pump here to the next target near 1720$. ((press like👍 if you enjoy + comment your opinion about the market or your thoughts, below this analysis))

talhashaheen Updated 

UK oil still now we are on the Bearish zone the price tries to get 82. 40 then should stable above 82.35 to be uptrend again for a retest ============= by the condition 4h candle