There is big order down there , So Waiting Game Sell Monitor 2625-2633 intraday REASON-HNS, Follow Prce Action SELL Support Become Rwsistence
On Sunday, I shared a detailed trade idea with the reasons why you should buy gold at this support. Those who took the trade Congrats!! Now that we're approaching the previous week's high, the next step is to watch the price taking out all this inefficiency highlighted in red and drops back below the previous week's high. If that happens, it’s my trigger to sell...
The price of XAU/USD is currently ranging between the Monthly Open and Monday's Low. A significant price movement is expected once it breaks out of this range, similar to previous instances shown in the chart. When the price was previously range-bound, buyers were swept out as their stop losses were hit. After a deviation highlighted in red, the price regained...
As per the plan, the Gold market moved yesterday. Congratulations to those of you who took the trade! Gold was showing a bullish trend compared to other risk assets like Bitcoin. I’ve highlighted the key demand and supply zones for you, so you can place your bids or sells according to your trade plans. My approach is that if the price starts to hold Monday’s...
FX:USDJPY is bearish Reason: death cross on the moving averages and prices breaking below the current year's mid, which is now acting as resistance. Yes Moving averages are simple yet great tool to identify the trend. The invalidation level is if price holds the current year's mid as support and moves back above the moving averages.
The Monday range is a useful tool for planning your trades for the week. It helps identify potential support and resistance levels, and can guide you in setting profit targets. In this example, XAUUSD (gold) is currently trading within a tight range, as shown on the chart. Scenarios to Consider: 1. Bullish Scenario: - If the price breaks above the Monday...
FX:EURUSD : Yesterday, I took a long position, but it didn't play out as expected. I've outlined this range, highlighting key support and a swing failure. The trade will be invalidated if the support line breaks. Others: Why are you focused only on buying? What about your fundamentals? Me: I follow my trading system.
I've made my move. Reason: The 4-hour candle closed below the monthly open. Invalidation: I'll be wrong if price moves above the monthly open. Price is currently in a tighter range, I'll provide updates as it progresses.
Dear All, When moving averages tighten, it typically signals the formation of a range, as shown in the chart reference. Indicators suggest that Gold remains bullish in the long term, as mentioned in my previous ideas—please review them, as they are still valid. However, this doesn’t rule out the possibility of Gold retracing and testing support at the Previous...
What if we see a scenario like this? The dollar remains weak and bearish in lT trend. We are still in a range. The price has already taken out stop losses at 1.03, and it seems poised to target 1.06 next. Let’s see how it reacts at the Monday high. No bias, trade what chart is telling you.
The GBPUSD is currently in a bearish trend. I've marked the high, low, and midpoint of the year as key support and resistance levels. As observed, the price has dropped below the midpoint for the year, and I believe it will likely retest this level as resistance. If the price shows a deviation similar to the highlighted pattern, I’ll consider entering a short position.
Hello Traders, Gold prices have been choppy, currently around $2640. Right now, there’s support at $2604 (the low from last month) and resistance near $2660 (the mid-range level). Traders are watching for important U.S. economic data, especially the PCE inflation report, to help decide where gold might go next. If the PCE inflation comes in lower than expected,...
I've mapped out new levels for OANDA:XAUUSD to help you identify potential price reactions. These inflection points will guide you in deciding whether to buy or sell. - If the price breaks below the Previous Month Low , expect it to reach 2573.293 . - If the price holds the Monday Low as support, look for it to test the Monday High or at least the ...
OANDA:XAUUSD If the price breaks below this range, I've outlined new levels for you to trade. Keep in mind, OANDA:XAUUSD remains bullish for now. Instead of providing my own TP and SL, I've shared key Support and Resistance levels for you to focus on. Let me know if you'd like more of these.
OANDA:XAUUSD Analysis Hello Everyone, Here’s a simple approach to analyzing the chart today: start by marking the Monday High and Monday Low, then calculate the midrange and quarter range. From there, you can trade level-to-level. This is a straightforward method that avoids unnecessary complexity. As you can see, price action tends to respect these midrange...
"Quick update on the daily chart we published before the election, outlining our view and plan. We are expecting a pullback from the higher levels if we reach them. Key levels to watch are 2725-2730, and above that, 2750. Always trade safely. Visit my profile for more updates."
OANDA:EURUSD has deviated from 1.03657, and I expect the price to reach 1.05157. If it deviates from weekly open, I'll consider a short position as the outlook for EURUSD remains bearish and I'll have new invalidation. I've marked key range levels for you guys—trade level to level. If the price breaks below of this range, I'll share an updated trade idea. Follow...
Here’s your XAUUSD trade range. It's choppy, so trade carefully using these S/R lines. The previous week's high is holding strong, and price should move up to hit at least 2730. Follow for more updates.