GOLD: Two Different Perspectives Yesterday, I provided a broader time frame perspective on GOLD and detailed why it might move down again. Given the market’s lack of clear direction, we should remain cautious as the price evolves. This time, I am sharing my opinion on two possible scenarios, acknowledging that traders have different perspectives and the price is...
XAUUSD (H1) is creating a pattern of narrowing the price fluctuation range. Buy Stop at: 2041 Stop loss at: 2027.77 Take profit at the Fibonacci extension (1): 2087 Capital management 2%
Gold can oscillate between 1857 to 1840 before getting into supply zone to 1875 , long can be triggered with mentioned SL for mentioned TP.
🟢 Offer: Trading below the point 1995.00 with the first tick of 1957.00 and the second tick of 1946.00 🔴Alternative offer (in case of price trend change) When the price penetrates above 1995.00, the price first starts moving towards 2005.00 and 2020.00. 🟢 Our analysis will be provided to you on a daily basis at two times, one before the opening of the London...
🟢 Offer: 1977.00 high buy point with first check tick 2002.00 and second check tick 2015.00 🔴Alternative offer (in case of price change) When the price penetrates below 1977.00, the price first starts moving towards 1961.00 and 1947.00. 🟢 Our analysis will be provided to you on a daily basis at two times, one before the opening of the London market and the other...
Hello traders. In case of failure of the set level and completion of the pullback, the price will go down to the previous floor
Price is pulling back to the entry point for cypher which triggered late Friday before close. Seeing how strong price reacts to that zone in the past I am expecting the price to retest previous engulfing candle/ entry zone and move towards the Cypher TP zone in which we can look to follow the trend downwards for a short opportunity around the fib confluence or the...
Very rare for me to look at the 1HOUR CHART, but this is the set up I see for GOLD. \ Thank you let me know your thoughts!