MrKTechnicalLevels

MrKTechnicalLevels

#DXY Dollar Index 💵📉 My analysis ties directly to the movement of the dollar. The dollar found solid support at 100.20 and has since made an impressive recovery in the form of a retracement. The current levels of 102.60-103 represent a strong rejection zone, and I’m anticipating a significant rejection from this area. If the dollar faces resistance here, we could...

MrKTechnicalLevels Updated 

🚨 #XAUUSD Higher Time Frame Analysis 🚨 📊 #H4 Update: In our previous analysis, we clearly anticipated that a bearish #H4 close below 2651 would lead to a 200-pip drop. The price followed our prediction perfectly, hitting a low of 2623. 🔄 Now, the price is facing strong rejection from our marked demand zone. However, if the #H4 candle closes bearish below 2622,...

MrKTechnicalLevels Updated 

As anticipated, after the bullish H1 candle close above 2513, gold made an impressive 400+ pips move, surpassing our original target of 2544! 🎯 Our take profit was around 2535, but gold exceeded expectations with a strong rally. That’s why we prioritize quality trades over quantity for bigger gains. Hope you enjoyed the ride! 🚀 🔍 What's Next? Gold is facing...

MrKTechnicalLevels Updated 

📊 #XAUUSD #H1 Analysis 📊 💡 Liquidity Grab in Play 💡 Price has swept liquidity below 2470, but there's still more to grab. Once price breaks 2523.30 with a bullish H1 candle close, we could see a 200+ pip rally to 2544 (Fibonacci extension). 🚀 🔑 Key Trade Setup 🔑 Buy above 2523.30, with a 130-150 pip SL, targeting 200+ pips. 🎯 ⚠️ Resistance Alert ⚠️ Multiple...

MrKTechnicalLevels Updated 

NFP Trading Opportunity: High-Risk, High-Reward! For those who thrive on high-stakes trades, the upcoming NFP report presents a compelling setup. This is a #H1 Buy setup with significant potential, but it comes with higher risks due to the NFP data release. Aggressive Traders: 📈 You might consider jumping into this setup with the expectation of substantial...

MrKTechnicalLevels Updated 

#XAUUSD Analysis: 4-Hour Higher Time Frame Chart 📊 Key Support Level: 2493 The 2493 level has proven to be a strong support zone, holding off the gold price decline 2-3 times. Bullish Outlook: As long as gold maintains support at this level, we remain bullish. 🛑 Bearish Trigger: A 4-hour bearish candle closing below 2493 could signal a potential sell-off towards...

MrKTechnicalLevels

#XAUUSD H4 Analysis The #H4 bullish candle failed to close above 2427.20 🔼 . We had highlighted the area below 2527.20 as a key Resistance & Supply Zone 🟠. However, the price struggled to break and sustain above 2527.20 ❌, facing solid rejections 3-4 times (as marked on the chart). Now, the price is forming Trendline Liquidity 📉. If #H4 closes bearish below...

MrKTechnicalLevels

The daily chart is showing strong bullish signs, potentially gearing up for a new high. With the possibility of interest rate cuts in the upcoming months, we might see a significant upside in gold. This is further fueled by escalating tensions in the Middle East, the ongoing Russia-Ukraine conflict, and growing speculation about interest rate cuts. 🟢 💡 Caution on...

MrKTechnicalLevels

#XAUUSD #H4 📊 Current Situation: Gold has entered a range after creating a new lifetime high. The upper boundary of this range is around 2521-23, and the lower boundary is around 2490-88. 🔔 Breakout/Breakdown Alert: Watch for an #H4 bullish or bearish candle closing above or below these levels. A breakout or breakdown could trigger a one-sided movement of at...

MrKTechnicalLevels Updated 

🌟 **#XAUUSD H4 Higher Time Frame Setup** 🌟 🏅 **Current Trend:** Gold remains fully bullish, driven by hopes of an interest rate cut and escalating geopolitical tensions between Iran and Israel, as well as the ongoing conflict between Russia and Ukraine. 📊 **Previous Analysis Recap:** Last Friday, we suggested a buy after the price broke above **2470**, with a...

MrKTechnicalLevels

🔥 #USOil Trading Alert Amid Geopolitical Tensions! 🔥 Market Context: Current conflicts between Israel and Lebanon are likely to escalate market volatility and drive oil prices. Critical Levels: Watch for a liquidity sweep below $76—this could be a key indicator of upcoming movements. Bullish Trigger: Secure your position when H4 closes bullishly above $77.82,...

MrKTechnicalLevels

🔥 Bitcoin Market Update: Navigating Crucial Resistance! 🔥 Current Momentum: Bitcoin is currently demonstrating strong upward momentum. However, the critical resistance zone between $70,000 and $71,500 has consistently halted previous rallies, despite expectations of new lifetime highs. Key Resistance: This zone has been a tough barrier, sending BTC back to the...

MrKTechnicalLevels Updated 

### 📉 H1 Update: Price Action Insights 🔹 **Price Movement:** Despite not closing fully bearish around the 2410 level, the price took the M15 FVG and reached our final target of 2432 from the previous #H1 high-probability setup. 📈 🔸 **Current Scenario:** The price is now retracing and facing strong rejection from the 0.50% Fibonacci retracement area. With the H1...

MrKTechnicalLevels Updated 

### 📊 XAUUSD H4 Analysis 🔸 **Entry Point for Safe Traders:** We’re awaiting a bullish H1/H4 candle to close above the 2407-08 range. Upon confirmation, a buy can be planned for an easy 100-200 pips, targeting the Fibonacci 0.50% level around 2443. 🔸 **Stop Loss:** Due to the substantial target, a stop loss of 150 pips around 2390 is necessary to ensure a...

MrKTechnicalLevels Updated 

### SMC-Based Setup Analysis: 1. High Probability Buy Setup: - If H1 candle closes above 2364-65, initiate a big buy. - Target: 130-250 pips move up to the 2386-2394 area (Fibo 0.50% area). - This area might act as a good reversal point. 2. Downside Scenario: - If H4 candle closes below 2330, expect a downward move. - Target: 2298-2290 area...

MrKTechnicalLevels Updated 

### SMC-Based Setup Analysis: 1. High Probability Buy Setup: - If H1 candle closes above 2364-65, initiate a big buy. - Target: 130-250 pips move up to the 2386-2394 area (Fibo 0.50% area). - This area might act as a good reversal point. 2. Downside Scenario: - If H4 candle closes below 2330, expect a downward move. - Target: 2298-2290 area...

MrKTechnicalLevels Updated 

As expected, gold is showing strong bullish momentum. After closing above the 2420-2425 area, gold surged to 2440. It is now in a correction phase. The 2420-2411 range is a good buy zone, as this area has previously acted as strong resistance and may now serve as support, along with the H1 order block. There is a chance that the price will retrace to this order...

MrKTechnicalLevels Updated 

#XAUUSD H1 As expected, we had already warned everyone that once the H1 candle closed above 2385, it would likely move up to the 2406 area. True to our analysis, the market followed this path, with the CPI data further favoring gold. Yesterday, we also mentioned that the CPI and unemployment data were fully positive for gold and advised against selling after the...