ElliotXSolana

ElliotXSolana Updated 

FOREXCOM:XAUUSD Hello traders, For this week, my expectations are as follows: I anticipate some initial bearish momentum, potentially leading to a price range between 1912 and 1905. During this phase, I might consider trading retest sell positions. Following this, I'm looking for a significant bullish move to the upside, with the potential to reach around...

ElliotXSolana Updated 

FOREXCOM:XAUUSD Hello, Today, my focus is on a sell trade for gold. We're currently encountering a Fibonacci and resistance area on the 4-hour timeframe, and the Dollar is exhibiting strong bullishness. However, as always, exercise caution and keep a watchful eye on the news, as it can significantly impact market dynamics. Make sure to align your trading...

ElliotXSolana Updated 

FOREXCOM:XAUUSD Hello traders, For today, I'm anticipating a bullish market for gold. We have a very strong support line in place, and the DXY (Dollar Index) appears to be very bearish at the moment. When considering the 4-hour timeframe, it resembles a countertrendline trade for DXY. This alignment provides additional confluence for a gold buy...

ElliotXSolana Updated 

FOREXCOM:XAUUSD Hello traders, Today, I'm focusing on two potential trade scenarios. First, a bearish trade would be considered if we can remain below the resistance line. In this case, the stop-loss would be positioned somewhere above 1930. Alternatively, if we can't sustain below the resistance line, I would be looking for bullish opportunities. In such a...

ElliotXSolana Updated 

FOREXCOM:XAUUSD Hello traders, For today and this week, I'm looking for some sell positions. Today, I'm specifically eyeing a sell trade around the 1948 area. We've seen multiple rejections at this level, and the 4-hour Fibonacci also aligns perfectly with its 78% level. However, before entering this trade, I want to see some bullish momentum from DXY. It's...

ElliotXSolana Updated 

FOREXCOM:XAUUSD Hello traders, Yesterday, we experienced a rejection of the weekly Fibonacci 68% level and retested it three times with a clear bounce off. Based on the 1-hour and 4-hour chart views, we can observe a slight bearish trend forming. Currently, we're at 1945, a strong resistance area that also aligns with the 78% Fibonacci level. For these...

ElliotXSolana Updated 

FOREXCOM:XAUUSD Hello traders, for today I believe a buying position would be the best choice. We observed a strong DXY performance during the London session. Additionally, there's a robust support area for gold around 1944. I've already entered my position with a stop loss at 1942 and a take profit at 1953. I've set the take profit at 1953 because I trade...

ElliotXSolana Updated 

FOREXCOM:XAUUSD Hello traders, Today, I am actively searching for a sell position, targeting a move from 1936 down to 1922. This range provides a potential trading opportunity based on the price movement between these levels. As always, remember to stay informed about market conditions, news events, and utilize proper risk management to ensure successful...

ElliotXSolana

SAXO:XAUUSD Hello traders, Today, I'm actively pursuing a long position with the intention of riding the market up to the 1930 level. This trade aligns well with moving from one key zone to another. Specifically, I've identified a substantial support/resistance area at 1922/1923, making this a critical reference point for my strategy. My stop loss will be...

ElliotXSolana Updated 

SAXO:XAUUSD Greetings Traders, In today's trading, I am focusing on identifying potential bullish trading opportunities. I've observed a considerable amount of bearish momentum in the DXY (US Dollar Index). Should we manage to breach a key resistance level and subsequently witness a retest, my plan involves entering a buy position in the gold market. I am...

ElliotXSolana Updated 

SAXO:XAUUSD Hello traders, I am currently focused on actively seeking buy positions for XAU/USD (gold) during the New York session. I have placed a Buy limit order at 1912 as an entry point. My trading plan involves aiming for a potential move from the 1912 area up to around 1923. Remember that trading involves risks, and it's essential to keep a close watch...

ElliotXSolana Updated 

SAXO:XAUUSD Hello traders, Currently, I am actively seeking buy positions on XAU/USD (gold) for the New York session. The market is currently displaying strong bullish momentum, possibly influenced by a weak dollar. However, it's important to be cautious and mindful of news events that might occur during the New York session, as these events can lead to...

ElliotXSolana Updated 

SAXO:XAUUSD Hello traders, At the moment, I am focusing on potential sell positions during the London session. I have identified several confluences that support this idea. The main bank level of 1900 aligns precisely with the 61.8% Fibonacci retracement level, adding strength to this resistance area. For my trade plan, I'm considering two possible take profit...

ElliotXSolana Updated 

SAXO:XAUUSD Hello trader, For today, my focus is on seeking long positions. My initial trade idea involves an entry around 1903. I'm anticipating a potential bullish pattern to form within this support zone. As for my target, I have two options in mind: either aiming for the first resistance zone or targeting the -27% Fibonacci retracement level. Remember to...

ElliotXSolana

TVC:DXY Hello traders, For today's New York session, I'm actively seeking sell opportunities in the DXY (US Dollar Index). I intend to exercise caution and wait for news releases before making any trading decisions. The current setup appears to resemble a counter trendline, which I find noteworthy. My chosen take profit area (TP) is approximately...

ElliotXSolana

FOREXCOM:XAUUSD Hello Traders, for tommorow I'm looking for a sell position. I hope that Asien session could bring gold over the night up to 1910-1911. At this Level we have a nice resistance area and also a fib level which matches with a stron resistance area. As a take profit area I would say 1900. Its a main level an also nearly the take profit zone of the fib -27%

ElliotXSolana Updated 

FOREXCOM:XAUUSD Hello traders, I am currently exploring potential sell positions around 1916 for the New York session. There's a notable resistance area at this level, characterized by a few wicks that were formed during the London session. For my trade plan, my take profit (TP) targets would be set at 1911 or 1907 for today's trading session. Please be aware...

ElliotXSolana

FOREXCOM:XAUUSD Hello traders, I am looking for more short positions on gold in the upcoming weeks. Last week, we observed a significant strength in the DXY (US Dollar Index) and a break above the bearish trendline. Additionally, there were notable wicks on the last two daily candles for XAU/USD. My plan involves waiting for a push up during the London...