Failed moves in one direction, often create violent moves in the opposite direction. If gold can breakout versus the strongest of the major fiat currencies... oh boy! #gold #swissfranc #xauchf
If gold breaks out versus the Swiss franc... What do you think will happen to gold priced in the other, weaker fiat currencies? Includes the US dollar. #gold #swissfranc #usdollar #inflation #purchasingpower #silver #fintwit
Swiss Franc is historically the strongest currency. If gold can outperform it, probabilities increase we are entering a precious metals bull era. #gold #swiss #usdollar
Keeping a close eye on gold chart priced in Swiss Franc... #xauchf #gold
Monthly: -Buyside liquidity resting above relative equal highs. Weekly: -FVG. -S&D zone. Daily: -Bullish M pattern. -IC. 4H: -Bullish M pattern. -OB.
- Price arriving support zone and re-testing again support trend line - Engulfing candle (trigger)
Hi, retracement come to 200sma and 0,618 fibo point. nice supply i think. can be some gartley or crab formation which i dont care. 4h rsi on bull side daily macd works well. we have to see cross to enter trace. 1713 level is the key. when hits check the volume and candlestick forms. cy.
Possible decrease to at least 1723.618, cancellation if price breaks 1727.769. This does not constitute a solicitation to trade.
Dear All, I Believe we are going one more wave down. Best Regards Brando
Possible increase to at least 1736.824, cancellation if price breaks 1727.790. This does not constitute a solicitation to trade.
Hi guys As you can see ,The price is in a descending channel, and in the third meeting with the ceiling of the channel , which we marked with a circle, it breaks the channel and is expected to rise firs to the middle and them to the ceiling of the next channel. Be sure to comment your opinion. good luck
Hello traders, Everything is clear on the chart for you like always. Good luck. If you like the idea, do not forget to support with a like and follow me for next analysis :) Write your comment and opinion below to me.
because price is near to monthly pitchfork nice support zone!!! if support come slowly and ranged pattern we can long possition
The fifth wave ends, because the third wave is extended, so there is a high probability that the fifth wave will not be extended, so you can buy. First target position 1687
The fifth wave ends, because the third wave is extended, so there is a high probability that the fifth wave will not be extended, so you can buy.
The fifth wave ends, because the third wave is extended, so there is a high probability that the fifth wave will not be extended, so you can buy.
XAU CHF has a Bullish Engulf pattern on 1h chart at the end of bearish trend. #week03assignment #Zeeshan