MULTIDIMENSIONALTRADER

MULTIDIMENSIONALTRADER

We currently already have a short position running which is now protected, we are adding another short portion. Levels on the chart

MULTIDIMENSIONALTRADER

We have a trade already running on GBPJPY which we published earlier. We are looking for a continuation of the downward momentum on GBPJPY.

MULTIDIMENSIONALTRADER

Price is breaking out of descending wedge. expecting the price to go higher. Levels on the chart.

MULTIDIMENSIONALTRADER

Seasonally Silver is bullish this time of the year. We are looking out for a breakout to the upside from the descending wedge on Silver.

MULTIDIMENSIONALTRADER

We are still bullish on Gold. 1808-1811 looks to be a good BUY zone.

MULTIDIMENSIONALTRADER Updated 

Looking at shorting GBPJPY Levels on the chart.

MULTIDIMENSIONALTRADER Updated 

Looking for longs once price breaks out of the descending wedge.

MULTIDIMENSIONALTRADER Updated 

Price has broken out of accumilation. Levels on the chart.

MULTIDIMENSIONALTRADER

Expecting Gold to be bullish this week and possibly take out last weeks high.

MULTIDIMENSIONALTRADER

We are already in a short position on USDJPY. Looking to add another short position. DXY is likely to Drop after a retracement and JPY is likely to push up which should result in USDJPY dropping further.

MULTIDIMENSIONALTRADER

The dollar is likely to drop further after a slight retracement to 92.400 area.

MULTIDIMENSIONALTRADER

Gold has finally broken out of the bull flag. We are expecting Gold to continue the bullish momentum and target 1850 next. Break above 1843 zone and retest will set up for a long term bullish trend. Price is finding support above 50EMA. Please take a look at our previous analysis for a detailed outlook.

MULTIDIMENSIONALTRADER Updated 

Potential sell opportunity: Entry Price: 1.38225 Tp 1: 1.37536 Tp 2: 1.36766 Tp 3: 1.35947 STOP LOSS: 1.39000 This is not financial advice.

MULTIDIMENSIONALTRADER

To understand what is happening with Gold it is always important to look at the higher time frames to establish where we are with the price action. Gold is playing within a larger range of 1959.33 - 1676.69 You can see on the chart that the price is currently around the equilibrium of this range. Price has also retraced back into the consolidation zone...

MULTIDIMENSIONALTRADER

XAUUSD broke out of consolidation, whats next As projected in our last post, we forecasted that gold is likely to break out of consolidation to the upside. Today Gold has finally broken out. We have highlighted the Buy Zone if we get a retest of the consolidation area. Next target 1850 zone.

MULTIDIMENSIONALTRADER

As per our post on Sunday, not much has changed. We are still bullish on Gold provided the price remains above 1750.00 Gold is currently at a critical point, close to a descending trend line , below 50EMA and at a resistance zone where price back in July 2020 spent 9 days moving sideways before breaking out. We could be repeating similar price action and move...

MULTIDIMENSIONALTRADER

We are bullish on Gold provided the price remains above 1750.00 Gold broke above 1800 last week and closed at 1808, we are expecting Gold to go higher this week however we could get a retracement early part of the week. 1785 is a possibility if we get a deep retracement, we will need to observe how the market opens. Gold is currently at a critical point, close...

MULTIDIMENSIONALTRADER

With Dollar expected to go lower, we are bullish on GBPUSD. Currently, we have broken out of the descending channel, price could retrace for a retest of the channel. Buy Zone 1.38000 - 138300, price is likely to reach for 1.4000 in the coming week.