OANDA:XAUUSD according to our past forecast, the price touched our first tp, now there is a divergence in indicators but It looks like it will fail, On the other hand, the price reacted well to Andrew's pitchfork, so we wait for a good correction in order to enter for next tp, if you like my idea or liked my past forecasts please support me with your like and comments
OANDA:XAUUSD In 1H time frame, the price has reached the outer line of Andrew's fork and the resistance area, I am personally looking for an entry point in the lower time frame in level 1775-6,
OANDA:XAUUSD After divergence in Macd 4H and breaking ascending trend line, it looks like the price will reach the level of 1751-1755, it is much better and safer to wait for the price to break the level1769 and enter in correction wave, but personally in this case looking for a correction to about level1779,(in that point we have to go to the lower time frame to...
OANDA:XAUUSD After divergence in Macd 4H and breaking ascending trend line, it looks like the price will reach the level of 1751, it is much better and safer to wait for the price to break the level1769 and enter in correction wave, but personally in this case looking for a correction to about level1779,(in that point we have to go to the lower time frame to find...
It looks after divergence and breaking descending trend line and last level, the price has enough potential to reach its last high, after that the next level could be its higher level in past descending trend, 1767 maybe is a good point for entry
I set a sell limit in order to reach a heavy level in 1,4H , Uptrend line in 1H is broken and the price crack the last bottom in uptrend, now it is complete the correction at this time, so we looking for an area for entering to sell position
the downtrend line is broken in 30Min and 4h time frame shows energy for going up