The market turning point is 1643. The resistance zone 1 is 1663. The resistance zone 2 is 1677. The daily chart can't break the 1643 support zone, the market will have a pullback to the upper resistance zone. If the daily chart closes below 1643, the downtrend will continue towards the 1616 area. Looking at the H1 and H4 charts, it shows that the market has...
You are and have been following my strategy since the beginning of the week buy in position 1643 and area 1633, we continue to hold long position. Waiting to take profit at position 1693 and 1711. We will move Stop Loss to 1648 area to preserve profit. My strategy today is to buy at 1663 zone with small volume waiting to take profit in 1681 and 1693 area. Stop loss 1653.
Gold met the 1643 support zone where there was a strong reaction of buyers. Currently, Gold price is at 1653 H1 chart showing growth signal. At the end of the 4-hour tree, the gold price closed above 1654, confirming that the gold price continued to grow to the 1673 resistance area today. Conclusion to buy when H4 closes above 1654 Buy 1651-1653 TP:1671
Gold trading plan this week October 24-October 29, 2022. Weekly support is 1642 and 1630, weekly resistance is 1673, 1694 and 1711. With the appearance of the confirmation candle of the previous day's candle on October 21, it is a positive signal for this week's growth. Before the growth to 1673, 1694, 1711, gold price had a correction span to 1642 and...
Gold trading plan this week October 24-October 29, 2022. Weekly support is 1642 and 1630, weekly resistance is 1673, 1694 and 1711. With the appearance of the confirmation candle of the previous day's candle on October 21, it is a positive signal for this week's growth. Before the growth to 1673, 1694, 1711, gold price had a correction span to 1642 and...
The world gold price yesterday reached the highest level of $ 1669 and ended the session at a price of $ 1650. It shows that the buying power of the market is still weak, when it met the resistance area of 1663, the buyers and sellers became strong again. Formation of the pair of Inside bar candles on the daily chart of the downtrend. Therefore, we prioritize the...
Gold market in the coming time, the downtrend still prevails, which is shown on the candlestick chart confirmed by the candle on October 14. On the H4 chart, we see a wedge pattern appearing and creating a resistance area at 1663-1680, price support at 1633-1615. Today's trading plan we observe the 1654 and 1663 zones to sell. You join our Group to receive the...
Gold chart yesterday was a doji candle before it was a bullish one. shows that the bullish force is still continuing today. H4 graph shows the struggle between the seller and the buyer. In the H1 chart, there are many bullish trees and clearly showing strong buying power. In the short term Gold rallies to the 1688 resistance area before a reversal towards the 1660...
Gold meets the resistance zone 1728-1734. H4 has a bullish tree yesterday that is the basis for today's price increase. Resistance area 1748-1754. Conclusion buy area 1734 SL 1718 TP1 1748 TP2 1754
Closing the session on August 23 is a bearish candle that encloses a cluster of bullish candles on August 22. In the H4 chart, a strong bearish candle appeared, although a few bullish candles appeared and formed the Inside bar combo formed by the previous bearish candle. So in the H4 chart, wait for the confirmation candle to break the inside bar candlestick...
GBPUSD has dropped to the support area (1200-1.204). In the H4 chart, a pair of twin candlesticks is formed. The market shows signs of positive growth again. Conclusion: Entry: 1.2045 SL: 1.1995 TP1: 1.2100 SL2: 1.2214
GBPUSD today has a downward correction to the 1.207 - 1.204 area before having a rebound to the 1.217 - 1.224 resistance area. Conclusion: Sell 1.212 SL 1.2155 TP1: 1.207 TP2: 1.204
Gold meets a resistance zone (1795-1811) where a convulsive reaction will occur. In the H4 chart, gold is showing signs of breaking the uptrend channel, in the European session on August 11, 2021, it is likely that gold will return to the 1795-1800 zone before there is a decline. Also in the H4 chart of the US session yesterday, there was a gyro candle showing...
The market turning point next week is the price area of 1768 Case 1: If the price area is broken 1768 and there is a confirmation candle, Gold continues to rise to the resistance area of 1811 Case 2: If the market does not break the 1768 area and there is a confirmation candle, Gold will have a downward correction to the 1741 area before increasing again to the...
Entry 1733 SL 1742 TP1 1714 TP2 1702 TP3 1681 Last week's candle had a very large amplitude (1681-1734), so this week it is easy to form a weekly candle which is an Insidebar set of candles. The previous day's candle was a candle with a long hair. The H4 chart has formed a pair of twin candles in the short term, which will have a downward correction according to...
D1 chart appears Doji candle, signaling that there is buying power and in the short term the market has a rebound before the market continues to drop. Intraday short term signal is to buy at position 1.0110 Buy: 1.0115 SL: 1.0044 TP1: 1.018 TP2: 1.022 TP3: 1.026
Entry 1.027 SL: 1.063 TP: 1.090 The daily and weekly candlesticks of Eurusd are both showing that the bulls are dominating with no reversal signal and the strongest resistance is at the 1,090 area so this week's buy strategy is dominant.
USDJPY technical analysis. Ending yesterday's session, May 26, chart D1 formed 2 Inside Bars. so still need 1 candle D1 to confirm the market up or down. In my view the field continues to decline. Conclusion: Entry: 127.2 SL: 128.2 Take profit: 125.5