Ahmedshebe

Ahmedshebe Updated 

As indicated Yest , we were expecting a meltdown which started and didn't finish. Garnish Pattern Formed in today's CHART indicating probability flying a little bit high,to confirm the flight we should look at $3325 once this level is broken with BULLISH MOMENTUM then we should target the next level @ $3435. However if we were to confirm our FALL (MELTDOWN) ...

Ahmedshebe Updated 

Hi , A strong SUPPORT @ $3141 created , Strong RESISTANCE @ $3407 and a MINOR RESISTANCE ZONE @ $3357. There's STRONG VOLATILITY with Sharp MOVEMENTS , on 6th May we saw a noticable PRICE SPIKE , followed by a steep DECLINE , which was indicating MOMENTUM SHIFT. The recent Movements suggests STRONG BEARISH MOVE, with lot's of SELLING PRESSURE. There were...

Ahmedshebe

As indicated yesterday we were anticipating for a fall , before confirming the UPWARD MOVEMENT which suggested we will hit $3445 - 49 yes we achieved the target not as expected but we did try the waters at $3433. TODAY -------------------------------- The PRICE has been declining UPPER (BULLISH) breakouts which suggests BULLS have exhausted their BUYING power and...

Ahmedshebe

Hi , The market has consistently been rising as indicated in my yesterdays Analysis , The formation of series of HIGHER HIGHS $ HIGHER LOWS from 2nd May - 5Th May. This supports yesterdays idea on testing $3372 and infact went further up to $3380 If the fast EMA (8) is above the SLOW EMA (21) it then further supports the BULLISH COURSE. If the RSI is hovering...

Ahmedshebe Updated 

Hi, The Price was in an UPTREND before settling for consolidation, The moving Avarage is sloping downward, which indicates POTENTIAL REVERSAL. We can only have a BULLISH CASE if the price breaks above the CONSOLIDATION RANGE with strong BULLISH CANDLESTICKS. If the Candlestick Patterns show LONG RED BODIES it suggests STRONG SELLING PRESSURE , But if they begin...

Ahmedshebe

Sharp Decline : - Gold experienced a significant drop , reaching a low point around 1st May , looks like it's working on a recovery phase after bottoming out , there is significant bullish momentum play on today's chart. However the current price is approaching a KEY RESISTANCE @ $3265-68. KEY ZONES Go for BUY ORDERS if PRICE breaks $3268.60 and shows strong...

Ahmedshebe Updated 

Based on the XAUUSD (Gold vs. US Dollar) movement today, the trend is currently leaning towards a *sell. As anticipated yesterday and the day before , The price has been on a downward trajectory, with a notable drop around April 29 at 15:00. It has fallen from a higher level near **3343.70* to the present level of *3287.07*. Here are some key observations: -...

Ahmedshebe

Morning. The price is below the key RESISTANCE @$3374 , falling to break HIGHER. DESCENDING TRIANGLE formation suggests continued downtrend pressure, The fall we had predicted earlier this week is still on formation , however the market is still consolidating. KEY ZONES to consider a sell ENTRY , if the price breaks below $3253 , this will accelerate the...

Ahmedshebe

Afternoon , The general overview indicate a Significant downtrend from April 21st to 23rd , followed by sideways consolidation with moderate volatility from April 23rd to April 25th. Initial Support & Resistance - SUPPORT @ $3280 , RESISTANCE @ $3300 , If the price holds above $3282 it could indicate an upward movement, however we are yet to confirm. Recent...

Ahmedshebe

Hard Market to break ..... we might see some moves later today in the afternoon or Possibly start afresh next week. OveTrend Formation is a minor fall ( DOWNTREND) The trend started back then on 23rd April which was on wednesday and ever since we've been experiencing a stagnant / consolidating market. A support zone was activated on the same Wednesday 23rd at...

Ahmedshebe Updated 

Hi , The Market Concept is clear today , as we can see the falling wedge pattern on the chart marked WHITE which indicates high chances of a rising market. We cannot yet confirm ENTRY however those with a good or moderate trading volume can have their entries. However the volatility is still moderate so we should not expect instant Blues (profits) going up,...

Ahmedshebe Updated 

HEY GUYS , I'm back with a bang! Expecting a restest at $2579 then i reckon a continuation of our fall after breaking the resistance zone $2547 , my first TP $2510 , TP2 $2467 , TP3 $2433 there and then we will analyze further and send updates on the comment section.. Remember we are not fully falling today , the waving ain't that strong so atleast expect to...

Ahmedshebe Updated 

Good morning guys , Going on swing trade, i'm looking at $2358.. shooting high!

Ahmedshebe Updated 

Hi, we are retesting $2029 then will advise what next ?

Ahmedshebe

Good Morning Team , hope you are all well and had wonderful weekend. WELCOME BACK. I'm sorry wasn't able to send any updates last week due to recent events in my country, we are thankful the tension has reduced and hopefuly the calmness will prevail. SO today as the market unfolds im looking at a fall first which targets $1947 and then a possible extension to...

Ahmedshebe Updated 

Good Morning Team, Hope you all had an amazing weekend and welcome back. Guess what ??? My idea last week is still active in fact there is an extension further down, the beginning of this week is more of BEARISH ACTION! but as always we can't call it bear if we have no confirmation. So here's an idea to pitch you in for that Dunk! this week we are looking at a...

Ahmedshebe Updated 

Good Morning Team , hope you all had a wonderful weekend and welcome back. Today's analysis is a bit tricky , but as always we manage no matter what, so today we are going to start with more of a bearish movement i'm actually looking at $1910 as my first take profit zone. For you my team i would suggest you start with $1914 first before concluding on $1910, then...

Ahmedshebe Updated 

Hi, Team hope you all had an amazing weekend and welcome back, sorry guys last week was a bit hectic on my end just had so much in my plate that stopped me from posting and updating my ideas, hopefully this week will be a wonderful one and i trust i'll be with you full time. Anyways long story short, this week i'm expecting a waterfall this is there should be a...