In the last Gold Update, we plotted a critical resistance zone, and gold fell from there. Gold is currently taking support near a parallel channel zone. Can gold reverse from here?
Key Zones:
Support
2306 - 2304
2296-2288
2276-2272
COG <===> 2315
Resistance
2320-2324
2332- 2338
"If the price closes below 2325, it indicates a potential further decline, possibly opening the door for a drop to 2200. However, if the price sustains above 2335 and closes above this level on the 4-hour time frame, there is a high chance of maintaining the uptrend and pushing higher towards 2400."
COG : 2355
Resistance Levels:
2335
2345
2355-60
2372
Support...
as Expected gold fall from resistance and i think it will fall more coz 3 major UFT is still not clear in longer TF it will fall slowly
Most recent COG 2048.33 - 2036.3
support 1 == 1971
support 2 == 1942
support 3 == 1831
bias
sell below 2024 target 1971 - 1942 - 1831
buy above 2048.33 target 2065 - 2090 - 2135-2174.
NAS100 is about trend reverse after Dynamic trendline retest
important resistance to watch 16969
resistance 2 == 17450
resistance 3 == 17480
COG === 14688
support 1 == 16028
support 2 == 15875
support 3 == 15450
support 4 == 15405
support 5 == 14337
Gold is currently at a crucial point where it's encountering strong resistance. The key levels to watch On the 4-hour chart.
Resistance Levels:
Resistance 1: 2071-2074
Resistance 2: 2081-2090
Resistance 3: 2172-2190
On the 4-hour timeframe, the Center of Gravity (COG) is situated between 2042 and 2038.
Support Levels:
Support 1: 2015-2006
Support 2:...
Gold made a sharp recovery after the recent FOMC release from the mentioned support on the previous chart. Now, what could happen next for gold? It's currently approaching resistance level 1, where it might face rejection. However, to see selling pressure, it needs to break below the minimum of 2024.
The Center of Gravity (COG) remains valid with the following...
Resistance 1: 2143 - 2159 area
Support 1: 2017 - 2011 area
Support 2: 1990 - 1979 area
Support 3: 1957 - 1948 area
Support 3: 1893 - 1880 area
Bias
bullish above 2011 Target 2034 - 2043
bearish below 2011 Target 1996 - 1979
WH(Warm Hole) 1996-1994 If break on 4H TF then sell aggressively
My focus is on a sell Trade below 2011 Extremely Bearish
as expected Gold fall From resistance zone and getting rejection after taking SSL and first support zone 1934 .now i'm expecting some correction till around 1944 and also remember if gold running 4H bar close below 1940 which is WH(warm Hole) then there is high chance to fall from 1941-1944 if not then it may go up again and take all liquidity resting on...
"I'm considering a long-term buy on BTCUSD. The reason for this is that on the daily chart, it recently hit a Buy-Side Liquidity (BSL) zone at around 31,200 and experienced a significant drop. Currently, it's approaching the Sell-Side Liquidity (SSL) zone at 24,792. I anticipate that it will either bounce back after touching the SSL or after completing a retest....
Hello traders, this is my view on NAS100.
NAS100 is likely to reverse from the resistance zone. I believe it will fall after taking out BSL (buy-side liquidity). The reason for this idea is that NAS100 has perfectly created an inducement at 15,930.90, near the weekly timeframe CoG (Center of Gravity) at 16,099, and then it fell. Now, it has returned again to...
