Last week gold bounced back the lower low support $1680 and moved upto 500 pips in Day . accoeding to the current micro ecnomics all the eyes are monday session. gold will go Up to reach $1740 & $1745 rescpectively, on monday market will suddenly jumped upto 130 pips . if $1746 support breaks by 4H candle then will reach 1765 easily.This week we sees the...
Gold needed recovery candle sequence, but all that might be strongly limited near $1730 - $1733 cluster Resistance zone , which can be used as an excellent re-Sell area . However, it all depends on how DX will Trade in the coming sessions, and if $1733 breaks, Gold may exceed the sequence towards $1752 psychological barrier
First short target for me would be around the 1727 then 1719 .all the entries should be applied if all the probabilities are matched according to the bondnotes and dx rising,
I am heavily on Selling side regarding Gold's both Short and Medium-term. Targeting $1793 and second Support fractal $1773 Medium-term Support line in addition as an optimal Target. I am expecting $1793 Support to be tested and invalidated within 2 session.
All the entries should be applied if all the fundamentals and technical rules are applied. this is just an trade setup for the possiabilites id these supports and resistances are broken and commentary will be in private.
1.98960 is the higher low strong support ,gbpnzd will test that support again and will be invelidated in next 5 sessions. In d1 chart "w" pattern is formed all the entries should be applied once all the the patterns are applied.
Next week trade setup. All the entries should be taken when all the technical and harmonics are applied. I see there is a short-term buy deal until the price reaches $1860, from which it drops to the level of $1835 and our sell deal will be and the price goes down to $1834 To touch the secondary ascending trend line .
Just a trade setup. all the entries should be applied if all the basics rules are applied.
Gold has rejected 1796 within last week and it seems it was the turning point for Gold to start a strong bullish trend. Is it going to break all time Highs? Technically Gold is testing important resistance at 1852-1856 atm. If it breaks this resistance today, we can expect gold to test 1870 and then extend its move to 1885 respectively. On the other hand, if gold...
After testing strong support at 1830-1832, Gold initiated its recovery to 1850 zone which has turned into resistance already. I'm looking closely at DEX but seems like it is still not leaving its bullish momentum and aiming even higher with every candle and it can be a major cause of putting more pressure on gold to move even lower than 1830. Personally, I'm...
As discussed in my previous analysis, 1918 proved to be a strong rejection point and gave us fine 600 pips profits. Congratulations to those who followed my analysis. Looking closely at DX , it is not leaving its ground and still keeps its upward momentum intact, putting pressure on gold . I have opened my entries at 1850 as mentioned above, considering it should...
As discussed in my previous analysis, 1918 proved to be a strong rejection point and gave us fine 600 pips profits. Congratulations to those who followed my analysis. Looking closely at DX, it is not leaving its ground and still keeps its upward momentum intact, putting pressure on gold. I have opened my entries at 1850 as mentioned above, considering it should...
As gold had rejected the higher high at 1918 last week, it is all set to continue its bearish trend once again. My last trade hit straight my take profit of 210 pips with very minimal risk involved. Considering the current gold market situation, I'm more biased on selling sequence and looking closely market to test 1855 within next 1-2 sessions. My selling...
After hitting fine 210 pips on our last analysis, gold continues to soar as DX is still on rising trend. MY ENTRY : 1885 TAKE PROFIT : 1868
Gold made a correction and touched 1918 just to continue its downtrend. Personally I have taken entry on sell. ENTRY POINT 1912 TAKE PROFIT 1890 STOP LOSS 1922
1730 Support is my main point of interests, if broken / Price-action will trigger my Selling orders where I will be ready to pursue 1705 extension (with first Support zones seen at 1720 and 1712, which could stall the downtrend). On the other hand, I am not interested in Buying unless MA50 breaks on Daily chart , currently Trading within 1754 - 1758...
Gold is consolidating around the Hourly 4 chart Rectangle thats indicates the Head & Shoulder right shoulder . I still see 1722 &1727 as a solid Selling entry (strong supports) , with Gold looking weak and without major recovery, I will take the Selling opportunity market is offering once 1727 breaks. Bond Yields are Trading in Neutral zone and DX seem to be...
MY last all analysis are sucessfull. Gold has entered the 1730 - 1740 Profit Taking zone for Investors, which is the first one on current new Selling Wave and as discussed last Week, it would be optimal for Short-term Traders to have pressure points which they will later use, and re-engage only after 1722.80 breaks, thats the strongest support right now...