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OANDA:XAUUSD market remains overall bullish; however, recent price action indicates a consolidating trend. The weekly timeframe showed three consecutive three doji candles, highlighting indecision within the market. As a result, it seems logical to anticipate continued consolidation between the 2470 and 2525 levels. On Friday, the market experienced a sharp...

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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

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The release of econimic data sparked OANDA:XAUUSD surge, breaking above the previous high and clearing the previous week's high, indicating a clear upward momentum. With the market reaching the key resistance zone at 2400, I believe it's prudent to wait for a pullback before anticipating the continuation of the bullish trend. I expect a correction towards the...

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OANDA:XAUUSD prices initially dipped but then rebounded, with attention focused on the 2,300 level. Short-term pullbacks are likely to attract buyers, potentially pushing prices to 2,400 or even 2,450. The month of June came to a close with a doji candle, which often signals uncertainty in the market. As we look at the larger picture, gold's price remains...

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As May closed with a long-tailed monthly candle, it's now clear that we have two consecutive long-tailed candles, which strongly suggests that the OANDA:XAUUSD is struggling to stay above the key resistance level of 2400. This pattern is a significant indication that the market is likely to continue its downward trend. Furthermore, considering the...

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As we can see that the OANDA:XAUUSD recent sold-off, where the price surged above its previous high before plummeting, breaking through the crucial support level at 2400. At this point, the market may enter a sideways phase, as the formation of a double top suggests that the bulls lacked the strength to push prices higher. This could be an opportunity for...

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As we can see, the market is currently forming a clear triangle pattern, which is a trend continuation pattern. Given the bullish rally we experienced beforehand, it makes sense to anticipate the market moving higher. On the daily timeframe, we see a long-tailed candle that took out liquidity at Thursday's lows. I think this could lead to a test of the support...

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After reaching the critical resistance zone, the market has pulled back, with the price currently testing the support level at 2400 and the lower border of the upward channel. The double test of this support level suggests that the bears have been unable to push the price lower, indicating a potential turning point. On the daily timeframe, an inside bar formation...

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OANDA:XAUUSD surged, moving towards its next key resistance zone at the 2400 level, where it closed above it. This is a significant bullish sign, as it marks the first time in history that the market has closed above this level on the daily timeframe. The market has also formed an inverse head and shoulder pattern, which has played out nicely. According to...

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The market's correlation with EUR is evident, and FX:NZDUSD is currently testing a key resistance zone on the weekly timeframe. The momentum has stalled in this area, with candles displaying a contraction. This zone has been tested multiple times in the past, each time resulting in a lower price action. Given the market's overextended state, I expect a...

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As expected, the price has pulled back towards the support level around 2330, which I mentioned in my previous post. XAUUSD price has been ranging near the previous day's low, having fallen from its recent highs. The channel border, which acts as upward trendline and a swap zone, is now being tested. This support level previously acted as resistance, holding the...

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The price has broken through and closed above the key zone of 2340-2350, which has been consistently respected in the past. This area can be seen as a pivotal swap zone. Analyzing the daily timeframe, we can observe a strong bullish candle forming near this level, highlighting its importance as a support area. As we look ahead to next week, I expect some...

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OANDA:XAUUSD price is still moving sideways. The market is bouncing between range boundaries. The bulls failed to push the price higher at the top of the range, which might be a sign that the market will move to the bottom of the range. The market, as you can see, is consolidating around 2300 because the price usually moves sideways at key levels, which is...

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Yesterday, the market responded news reports by rebounding from the support level. It formed a fake breakout of the previous week low. I think the OANDA:XAUUSD might pullback toward the round numeber at 2300 then move upward. Since we have another upcoming news today, there is a chance that the price may roll back. Basically, I expect the price to continue...

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FX:EURUSD On the daily timeframe, it broke the strong level at 1.07000. I think the market might pull back to the resistance zone and then move downward before the major news release. If the price makes a pullback against the main trend, there's a higher chance that the market will continue to move downward. My goal is to support level 1.06320

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The price perfectly fulfilled my last idea. It played out nicely and hit the target. OANDA:XAUUSD is pulling back towards the resistance zone after breaking the strong level at 2300. The market is forming a bearish flag formation, as I mentioned in my weekly forecast. Today we have high-impact news, so I think it might continue moving downward if DXY moves...

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OANDA:XAUUSD market made a notable decline over the week, but it has now rebounded from the key support level at 2300. It's probable that we might see further consolidation because any market cannot move straight up for a long time; it moves in ebbs and flows. This consolidation will likely involve the typical sideways movement and market noise of the gold...

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On the daily timeframe, the price grabbed liquidity above the equal highs at 0.64555. I expect sell signals at the resistance zone, such as a long-tailed bar or an engulfing candle. My target is a 0.64000 support level.