XAUUSD\GOLD W1 - is in the phase of a flat / sideways direction in the price section 2037 - 1678, as it is clear that the price twice after the implementation of two waves approached the price of 1814, and then after the correction - movement to the price of 1678 What can be expected now? Presumably, the correction after the 3rd wave begins to end, which...
After the rejection of the price three times at the level of the supply zone we will see a reversal of the price to fill ( Fare Value GAP ''FVG'' ) after we will have a continuation of the down trend towards the demand zone
hello traders new week new opportunity gold was in accumulation lets see how it play out let me know what youthing comment down below
In March 2022 Gold peaked to 2068 level which was due to the news of Russia and Ukraine War, but it could not hold the price and then crashed all the way to 1684 zone within few months. Now again the opportunity has come where Gold prices are at peak and everyone is in Fear of missing Out, whereas smart money will try to grab some liquidity from the top and then...
Gold seems to be moving in respect to a downtrendline & gold might continue to move down to retest 1680 key zone if it makes a breakout of 1711.34 or create new lower low if even closes below 1681.50. However if it breaks out of 1808.34 with further bullish momentum then it would be making a breakout of the downtrendline & could shift to an uptrend from the downtrend.
gold on support zone 1969&1974 approch to 1998&2008 test strong area for buying 1974
We have recently broken a swing high this triggers the algorithm to seek higher prices In order for them to do so they need to create a swing low to get in trend with the market. The algorithm buys in down candles not up candles. We also broke a swing Low on the weekly when gold traded to 1780. If we don't break the Previous weeks high this will complete the...
Hellooo...My Dragon Friends I see XAUUSD possible go to 1830-33 the resistance. couse the COVID case still UP, Risk On Lets See Happy Trading Smart Trading Money Management Risk Management Disclaimer On