Long Analysis of XAUUSD – 4H Timeframe Market Structure: The price is in a corrective phase but remains within a broader bullish trend. The Fair Value Gap (FVG) and demand zone near $2,600 provide potential support for a long setup. Key Zones: Golden Zone: Price has previously rejected this supply area. A clean break above $2,660 could signal further bullish...
The NASDAQ 100 (NAS100) is currently demonstrating a strong bullish structure, with a series of higher highs and higher lows. However, recent price action indicates a potential retracement, presenting an opportunity for a counter-trend short position.
showing several bullish signs and could provide a great buying opportunity in the coming days. I usually avoid buying when continuation patterns break out, however, in this case, the asset is forming an fare value gab and a golden area in the same zone for a sweep for high liquidity for the New York session
Hello Traders! What are your thoughts on GOLD? After a bullish move and the break of the ascending trendline, gold has entered a corrective phase. Currently, the price is below a key resistance level, which coincides with the 78.6% Fibonacci retracement level. This area acts as a strong resistance and could hinder further upward movement. It is expected that the...
GOLD LOOKING FOR 2750$ Gold capped a strong week with a surge back to $2,712/oz, and at the time of writing, trades at $2,711.60/oz for a gain of 1.61% on the session and 5.75% on the week. This marked the yellow metal's strongest weekly gain in over a year.