GOLD near strong support lineHello Traders!
XAUUSD will soon reach a strong support line and after the price reaches this line I expect growth to the level of 1458 and possibly to the resistance line
Forex-gold
XAUUSD UPDATE FOREXCOM:XAUUSD
it didnt complete the target for buy and reversed to down so here i am expecting a down move for this week so lets see
Goodluck guys!
XAUUSD - Wait signal to sell on sell zoneGold broke 1462, created a pretty nice Sell zone.
Wait price reaches this zone, read M5 candles and place an sell entry.
Gold is looking great at a strong support.waiting on strong price action for rejection at the support to go long on the pair. Join my telegram for an update.https://t.me/ForexFreedomDrive
EURAUD Touch Down TrendEURAUD still respect it's down trend line , correction up wave nearly end now
price now just touch key level ( resistance ) @ 1.6075 with high volume , should push price down again
the pair running below 100 MA
Expecting C wave on Daily correctionI still believe there is upside potential for gold, however, I believe the next move is to complete this correction on the Daily TF. We have strong bearish candles within this correction, potential for a longer term sell exists at these levels as well.
Gold forecastHello Traders!
Gold broke two support lines and support levels of 1497 and 1488.
Now the price is near the resistance line and a good resistance level of 1488.
I expect a fall to the level of 1459.
Perhaps before this, the price rises to the level of 1497.
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GOLD at resistance levelHello Traders!
Gold has reached our previous target - resistance level 1510.
Now I expect a fall from this level to the level 1497
GOLD Bearish Harmonic Bat completed with an Ascending TriangleThe Harmonic Bat Pattern which was developing (look at the related post) completed at: 1517.82
Trendlines reveal an Ascending Triangle.
Prior to the pattern we see a significant uptrend, in that case the Ascending Triangle indicates that the uptrend trend is more likely to continue.
Profit target for this pattern is 1568.18
Dont forget to like the post and comment your thoughts below.
Thank you guys for all the support, you know who you are!
Cheers
May God Bless
CHFJPY BEARISHCHFJPY Broke up trend line on H1 Chart
the top of trend line not supported with much volume
price full down to the border of high volume trading area
entering this area will push price to move for HVN area
price has resistance @ 109.92
XAUUSD - Expect a sell entry with triangle patternWe can expect a sell entry if gold breaks the trendline.
Target to 1460 or 1440.
XAUUSD - Short at supply - 15mHey, Gold is going to hit supply zone at 15m chart that just has been created above the current price
so we can sell short there
Notice the big drop from the supply zone, that tells us there is an imbalance between supply and demand in that price level
and supply obviously exceeds demand in that price level
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XAUUSD, Sell on H1.XAUUSD, Sell on H1.
H1:
- Structure: Downtrend
- Tendency: Upward
- Below resistance and 2 EMA
-> Waiting signal=> Sell
PLAN:
- Sell: 1489.5
- TP: 1479
GOLD short term tradeHello Traders!
Gold cannot break a small support line, but the trend remains falling, and we are in a downward channel.
I predict a rise to the resistance line of the falling channel at about 1497, after which I expect a fall to the level 1474.
XAUUSD, Sell on H4.XAUUSD, Sell on H4.
H1:
- Structure: Sideways
- Below resistance
- Candle: Reversal candle
=> Sell
PLAN:
- Sell: 1492
- TP: 1480
USDJPY: LONG TOWARDS 108.25 [1H]USDJPY: LONG 107.50 / 107.25 R25
> HOLDING BELOW CEILING LEVEL 108.50
> FOCUS ON USD CONTINUED STRENGTH, JPY WEAKNESS
> AIR CURRENTS SUPPORTING HIGHER MOVES
> VERTICAL SPEED NEEDS TO DROP AND THEN INCREASE TOWARDS 107.50
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GOLD still shortGold is still in the falling channel, so we are only looking for sales.
I expect growth to the upper line of the falling channel, after which the price will begin to fall to the support level of 1474
XAUUSD, Sell on H1.XAUUSD, Sell on H1.
H1
- Structure: Downtrend
- Tendency: Downward
- Below resistance
- Waiting signal=> Sell
PLAN:
- Sell: 1484
- TP: 1463
- SL 1490
GOLD near strong resistanceHello traders
The past forecast came true.
Gold is next to a good resistance zone.
The zone consists of two resistance lines and a resistance level 1510.
I expect growth to this area after which the price will begin to fall to the support level of 1487.
