Gold 30 of JuneGold has been in a consolidation momentum for a couple of days. After the breakout of the consolidation zone, it used the liquidity level to make a retest and then continue the bearish momentum
Metal
Metal (MTL) formed bullish Gartley for upto 3100 huge pumpHi dear patrons, hope you are well and welcome to the new update on Metal ( MTL ) token.
On a monthly time frame, MTL has formed a big bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
📊 MTL is showing potential. Is it real?Hello, dear TradingView members.
This idea is an MTL analysis.
MTL has made a 9% ascending move in the market. Let's analyze the two bullish and bearish scenarios.
RSI crossed the border to 75 and showed overbought signals, and now it has pulled back into the range. Usually, when this happens, the price pulls back down. But since the price is moving on a support/resistance area, we might experience consolidations here. However, in this case, RSI is trying to move back up because there are no sell volumes.
Scenario one:
A breakout:
If the price touches the support and pulls back up and hits the first resistance, it might touch the second resistance I've shown on the chart as a target.
Scenario two:
A fake-out:
The price will move a little while on support and then fall back down below the support level.
The Bollinger Bands are still wide, and the middle band has helped the price as a dynamic support zone.
The Speedometer indicator shows Neutral volumes on the market for MTL on a 1D interval.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
XAUUSD, bears may complete the weekendBreakout of long term resistance channel is not look very promising , it could be fake break out to look down towards 1840 zone
Use this analysis for education purpose, trade wisely
XAUUSD Horizontal Support Resistance Levels For May 23-27 2022Here are my horizontal levels for XAUUSD. I am setting limit orders for this market.
Gold might gets the strong support from 1820 zone XAUUSD , shows strength at the end of the week to touch at 1850 zone, if it maintains the strength on Monday , could penetrate 1850 to go further up , IF 1850 resist then price may go down to 1820 to gain the momentum back to go higher,
Analysis only for education purpose
GOLD - Video Top-Down Analysis!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for GOLD.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
Gold with target at 1760! Last week we saw it possible for Gold to drop below 1800
We think that this move has now began and we're now looking at price possibly reaching the target at 1760!
On Friday we saw price rejecting the resistance zone and it's now trading at the 1855 support.
The next target after the breakout is 1817 where it's pretty certain that we're going to see reaction before the next move down to 1760.
This move will take some time to complete but since we know what is the main direction and the support and resistance levels, it's easy to trade it.
Follow us, hit the like and leave a comment!
GOLD - Video Top-Down Analysis!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for GOLD.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
GOLD - Video Top-Down Analysis!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for GOLD.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
Gold bullish start to the week ahead?Friday we had gold making some big moves on the last trading day of the week. We saw a large impulse which has broken this down channel we have been stuck in & also a pullback to test the structure we have broken out of. Now to confirm a buy at this level we would be looking for a rejection candle and price not to break 1885 to confirm our inverse head and shoulders that's forming better on the 30M
Metal (MTL) formed bullish Gartley for upto 35.50% moveHi dear friends, hope you are well and welcome to the new update on Metal ( MTL ) token with USD pair.
On a 2-hr time frame, MRL has formed a bullish Cypher pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Gold has Reached the PeakI found that Gold has been in Overbought position, as indicated by the RSI indicator. Here Gold will experience a daily/weekly price correction, with a profit target of $1800 (Demand Zone) and at the point of position (approximately) the Daily Moving Average line (WMA-200).
MTLUSDT (METAL) Daily tf Range Updated till 13-4-22MTLUSDT (METAL) Daily timeframe range. this is a decent alt with decent price action. it did faced some brutal p and d and trust me those telegram channel tried too but any pump from above its low or #sprint test is not a bad rep and its good food for position traders. same goes to drop from range tops. beside these it did been reasonable to its zones and provides some nice swing and intraday setups.
Metal (MTL) formed bullish Gartley for upto 17.5% moveHi dear patrons, hope you are well and welcome to the new update on Metal ( MTL ) token with Bitcoin pair.
Previously we had a nice trade of MTL:
Now on a 4-hr time frame, MTL has formed bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Gold Bullish week continues On Mar 31Bullish run of XAUUSD is expected continue today up to 1945 or more, but still tomorrow is left on the week i expect to finish on 1960 zone
Analysis only for education purpose
