Wakeel_Saab

Wakeel_Saab

Gold is moving as on its path which is clear for it As we see the chart chart tells us from daily prespective that yesterday's low is not yet broken gold has taken support from under yesterday low now its showing us rejection over that another confluence is gold has completed 68% fibonachi retracement over its daily chart now we will be seeing it as bullish...

Wakeel_Saab

those who are bearish should see weekly Rejection till the trend line price broke its daily recent trend line and got back in i suggest that gold will remain bullish over this week as it has not broke its trend line to the downside if it does so and breaks below 2678 level of support we can consider it will drop towards 2661 and then 2648-45 level of support and...

Wakeel_Saab

Gold a safe heaven as we have taken bunch of profits today as it was our lucky day now as we see all day activity gold price remained very choppy price didn't broke above 2748 price level of resistance also didn't broke below 2731 price level of support as price has formed immediate resistance level of 2746-48 Now we again predict a fall in price as from H4 to H1...

Wakeel_Saab

As in our previous anylisis we had told that price will go for previous high to be touched and price had done the same and as market sentiment has changed price is moving in to bearish movment and we predict that price will return to its support level of 196 and lower than that so we are at a bearish run for today and tomorrow

Wakeel_Saab

EURUSD had a rejection from support level and we have witnessed a double bottom on support level and also seen HH and HL pattern on H4 to H1 time frame also another confluence for being bullish over this moment of time is we have seen a fibonachi retracement of bearish move completed with 68% of retracement we are bearish over the pair from higher TF prespective...

Wakeel_Saab

Previously from few weeks we were bullish over gold and still if we follow the major trend from monthly to weekly to Daily we are still bullish over the pair but from last week the pair has shown us a new ATH and done a retracment downwards now its has reached between 23.8 to 38.2 retracment level now as the price action is followed it will follow the bear trend...

Wakeel_Saab

Gold had a rally upwards today and yesterday now we are still in a bullish trend 2800 is not too far as to say this i have a confluence of fibonachi retracement if price breaks above 2789 level of resistance we will be the part of bull run

Wakeel_Saab

As in my previous anylisis i have told that Gold can rally upwards and it has broken its 4H channel and made a rally above Gold has performed like an Ubriddeled horse yesterday but it seems like the buyers have got exhausted as price has began to drop after taking resistance over 2780 level of physiological resistance also the confluence for predicting a big drop...

Wakeel_Saab

We have a mixed overview on gold as todays market opening has gone against our anylisis but as i always say no one is perfect in this market there is a probability Rati in this game so we are still bullish over gold but as gd is moving in a Minor 1H channel and has is consolidating in the channel we will be looking for buys when the pair breaks the channel above...

Wakeel_Saab

US Dollar VS Swiss Franc is in a Bullish trend as US dollar has gained power and swiss franc price declined we are expecting a rally upwards in USDCHF pair the confluence is price is making higher highs and higher lows on H1 time frame and price is moving in a wedge pattern which make price confluence as bullish so we bullish over gold as currency strength also...

Wakeel_Saab

as we were bearish last week and now still this week too we are bearish although we have NFP pending this week if data goes into favor we will have a rally downwards and profits will be taken we have some bearish confluences over the pair which are lined up as Confluence EUR vs Dollar is in bearish trend from Monthly to weekly to daily to H4 to H1 we are...

Wakeel_Saab

As we had a rally upward last week and got tons of Profits following Technicals as well as this week is concerned still bullish in GOLD Confluences Price is following a bullish channel and show some rejection from channel last week 50 SMA on H1 is also bullish From Monthly to weekly to daily to H4 to H1 to M30 to M15 gold is all bullish Geopolitical...

Wakeel_Saab

As we had a beautiful week this week gold has shown us its value why is it called gold as well as gold is concerned currently we are expecting a Rise in price also we are experiencing a bearish shift in H1 but in M30 and M15 its not much clear that fight between both ends is on its peak now moving back to anylisis we can price is moving in an upwards channel and...

Wakeel_Saab

As we have seen previously EUR vs US dollar is in a bearish Trend as my anylisis goes from Daily to H4 which is all bearish we have a bearish trendline from Daily TF which is being followed continuesoly

Wakeel_Saab

This week we had alot of ATH's (All time high's back to back Technically as Gold was in Bullish trend so we hace witnessed these also due to geopolitical tension we have seen these New ATH as investors have invested in gold now we are expecting a drop as tension in middle is losen up and drop can be seen in near times We have a level over 2749-52 level which is...

Wakeel_Saab

OANDA:XAUUSD the drop was a honey trap 🪤 gold is always in buy trend when it dropped it has taken support on 1H 50 SMA and after that its moving above that i am expecting 2750++ today the reason expecting 2750 is fibonachi extension has 1.786 level over that price other confluence being Bullish is because its in bull trend from Monthly to weekly to daily to H4...

Wakeel_Saab

as we have seen today British Pound has followed its Bullish path and now it has reached its Resistance level , Now we are expecting a Bearish Move in the pair JPX index is in has started its Bullish trend and we are wholey Bearish over the pair now

Wakeel_Saab

As we have seen last week the British pound vs Japanese Yen pair was in consolidation phase now in current week we are expecting a bullish move on the pair the reason why is the pair is in bullish trend in H1 in other confluences it has formed a Bullish flag to extent it can consolidate here and can fly also the confluence is the pair has completed its...