GBPNZD SHOWING STREGNTH Falling wedge breakout already Confirmed
rsi printed massive Bulish divergence expecting 400+ Pips Bulish MOve
Forex-gold
EurusdBounced From 100sma + Channel Suppoert area
Now Breaking Falling Incase Of successful Breakout expecting Another Bulish Impulse
For Selling WE Needs 100sma + Channel Breakout Once We Got Breakout Eur will Be ready For 150 to 200 Pips Bearish
GOLD🔹Main situation:
At the resistance zone, consider the sell position. from the correction below the level of 1825 with the goal 1764 and 1749
🔹Alternative scenario:
A breakout above 1828 will cause the price to continue rising to the level 1875
GOLD BIAS: STTONG BUYGold is going up strong within the channel. This analysis is based on the daily timeframe. An inside bar candlestick pattern has formed in the daily timeframe which shows the bullish continuation of the market. Put your stop loss below the small horizontal line and target the high of the market for the first profit, the 8011.01 level. If the price breaks this level to the upside, then the next take profit will be the 1872.25 level.
GOLD BIAS: BUY CONTINUATIONZoom the chart to see clearly . Gold is going up strong within the channel now. This analysis is based on the daily timeframe: in the daily timeframe, an inside bar candlestick pattern has formed, signaling the bullish continuation of the market. Your stop should be below the small horizontal line and target the high of the market, the 1811.01 level.
USDCHF 2H: 08/12/2022
If price move downward, it will give us a perfect long position opportunity around 0.94.
you can see other support and resistance level on chart.
💡Wait for update!
🗓️07/12/2022
🔎 DYOR
💌It is my honor to share your comments with me💌
🔴 EURUSD : NEW WEEK TA : 12.12.22 As you can see, after price reached to the Bearish BB on the chart, it faced a bearish reaction and dropped more than 150 pips, now the price is returning to the range of 1.055 to 1.062 , This is a supply zone and I expect more fall from this range! In total, 2 scenarios are specified on the chart that you can enter the SELL position by getting the right trigger! Observe the price reaction to these numbers: 1.0645 to 1.067, 1.0725 to 1.0785!
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 12.12.2022
⚠️(DYOR)
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USDCHF 4h UpdateAs I said we needed confirmation on that black area for Long position and it didn't triggered but the price reached the blue pattern from below and I believe we have confirmation now. According to PPI report, I await for rising DXY and on the other hand we will see a drop on Gold and BTC.
XAUUSDHello traders ,what do you think about GOLD? Gold seems to have another bullish leg at least to the specified zone . Therefore, we will wait for a downward correction and if we get confirmation, we will enter a buy position
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XAUUSD 15min - 9 DEC 22During the last two days, we did not see an interesting chart due to the low volatility of the market!
We are now in an upward channel, where PPI news today can cause important moves
By a 60% chance the price will drop down!!
Have a great weekend!
RLinda ! GOLD-> The bulls are defending the 1765 lvl. Going up?Gold shows us a stronger bullish behavior in the market. The price pullback to 1765, to the 0.5 Fibo level and the consolidation above the level, in the long zone, shows us a bullish mood.
The price is in an ascending price channel and yesterday the gold consolidated after the false breakdown of 1765. The consolidation was between 1768-1778, and the subsequent break-down of the resistance tells us about the future direction. There is a potential upside to 1807.96 and then to 1858.
I expect a final consolidation above the Fibo level of 0.618 (1778.489) and a subsequent rise in price.
Regards, R.Linda!
XAUUSD H1 - Long SignalA little adjustment to gold, we have seen a nice correction from latest weekly resistance test down to previous weekly resistance (now support) confluence zone sits on our 1780 handle, whole number price, with weekly and hourly s/r. Healthy 50-618 correction from recent bullish breakout. Lets see where this H1 closes.
EURUSD Daily TF: 07/12/2022
After touching monthly resistance price needs more fuel for reaching higher price.
✏️ This fuel can be BB+ or FVG!
💡Wait for update!
🗓️07/12/2022
🔎 DYOR
💌It is my honor to share your comments with me💌
Silver XAGUSD Short term wave patternThis Commodity has been in the wave 4 for impulse and that wave 4 is now w-x-y double three pattern in which wave z is in progress 22.46 and 21.45 to downside are the targets.
XAUUSDXAUUSD, the price is near the key resistance zone 1811. If the price stays below this level, there is a possibility of a fall.
Sell red zone, targets 1775, 1764 and 1749 >> GooD Luck 😊
US Dollar Index Wave AnalysisThe dollar index has been trading downin the big corrective pattern of zig zag on higher degree.Now it is in Wave C of zigzag.The wave 5 of the wave C is going on right now last wave segment and its target 105.18 - 104.46 level .That will be the end of all zig zag correction after that longterm impulsive trend to upside will resume.
RLinda ! GOLD-> A bounce from support lifts the moodGold tested a key support zone (the intersection of the local trend line, which acts as channel support and horizontal support at 1727.85 on the chart), after which the futures showed bullish interest after the minutes of the latest U.S. Federal Reserve meeting indicated a slowdown in the pace of interest rate increases.
The minutes from the Fed's Nov. 1 to 2 meeting indicated that Fed policymakers agreed that it would probably be appropriate to slow the pace of interest rate hikes
But rising real rates through early 2023 remain a difficult backdrop for non-revenue-generating gold, but increased recession and geopolitical risks in 2023, strong physical demand in emerging markets and record high purchases by central banks trying to diversify their foreign reserves suggest that gold could still outperform real rates.
(Char 1. Xauusd daily timeframe. Technically analysis)
The daily timeframe shows an expected end to the pullback at the 1729 area. It is based on positive fundamentals. The MACD and RSI are in the green zone relative to their neutral lines.
The chart shows upside potential to the 1800 zone
I expect that the gold might consolidate in the nearest future, as it is trading in a range between 1765 and 1727. I expect a small pullback from the resistance to the support zone, but if the price breaks through the resistance upwards, a strong enough momentum can be formed
Regards to R. Linda!
RLinda ! GOLD-> price is headed for strong support Gold is in the correction phase after trend breakdown. The price fell almost 3% from the high, it has 1727 support ahead and the 0.618 Fibonacci zone below.
(Daily timeframe. Technical analysis based on Gartley pattern and horizontal levels)
We identified the beginning of a Gartley pattern correction, the price dropped to the key support level on the daily timeframe - 1729, but at the same time the price is forming a consolidation above the zone. A false breakdown from below could result in a volume surge and a bullish reaction, which could affect price's recovery.
The situation near this zone is complicated, with a bounce we should expect the price to rise to resistance at 1765.
In case of breakdown and consolidation of the price under the level there is a chance of downfall to the bottom - 1716
Regards R.Linda!
Analysis XAGUSD : 📅 11/21/2022XAGUSD analysis:
Due to the weakness in the continuation of the rise and the breakdown of the sideways price floor
and the formation of a downward trend, we can expect a correction to the ceiling of the trend and move towards the downward targets
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price: 21.09000
sl: 21.45000
tp: 20.05500
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👤 Alireza hajighasem : @alirezahajighasem
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📅 11/21/2022
Gold Harmonics - A Long StuationAfter breaking of a strong trendline, the metal shows strong respect for the 0.318 fib retracement level. By keeping the price as stop-loss, one can long for the foreseeable future.
XAUUSD - Gold Short against USD Gold shows considerable respect for the bearish trend line drawn on the graph. Supplemented with formation of a new lower high and strong bullish candlestick patterns, strong sell signal is generated.
RLinda ! GOLD-> The appearance of bearish signalsGold is testing the trendline resistance formed since September 1, 2022. The price has not reached the daily MA-200, at the same time a false break of the upside resistance, horizontal resistance of 1765.575 and a bullish signal from the Gartley pattern is formed.
(Chart 1. Daily timeframe)
Gold closed Friday's afternoon candlestick in its lows, which can be interpreted as an incomplete move that might continue. Therefore, it looks like the price will get weaker. At the same time, gold's fall was helped by a stronger dollar and rising 10-year government bond yields (10-year U.S. bond yields rose 5 basis points to 3.821%. )
The drop came as the dollar rose after an early weakening, making the precious metal more expensive for international buyers. The ICE dollar index rose 0.25 basis points last time out.
Nevertheless, gold remains near a three-month high as investors count on the Federal Reserve not to raise interest rates.
(Chart 2. Daily Timeframe. Bullish Signal Formation using the "Bat Pattern" as an example)
Technical Analysis:
Gold continues to experience pressure from the resistance in the form of the daily MA-200, the price is in an upward range.
The price makes a false break of the strong resistance zone and forms a decline, also a bullish signal is indicated by the presence of a bearish Gartley "Bat" pattern
The daily Gartley pattern is a pullback to 0.889 (ideally 0.886) from the XA movement. A signal for a bullish move.
Daily RSI gives a bearish signal, the price indicator on the chart also coincides with it
The daily MACD tends to the crossover point of the sliders, at the same time the chart fades after the green spike, indicating a corrective movement.
(Chart 3. 4-hour timeframe XAUUSD. Formation of the pattern H&S)
On the above chart we also see a false break-through of the resistance 1765.575 and at the same time a strong bearish pattern "Head & Shoulders" is confirmed. I expect that from the session opening there can be a small pullback to the previously broken support of the pattern with the subsequent fall towards the support level of 1727.85
Sincerely R. Linda
