Mychal_Pro_Trader

Mychal_Pro_Trader Updated  Mar 27

This 1-hour chart of Gold (XAU/USD) shows a recent breakout from a downtrend, with the price moving upwards and nearing key resistance levels. The red arrows highlight areas where the price faced resistance, indicating that the market struggled to break through these levels. The blue trendline connects the higher points, illustrating the downward trend that was...

Mychal_Pro_Trader Updated  Mar 23

### **Key Elements in the Chart:** 1. **Current Price**: The gold price is at **$3,022.790**, with a **-0.71% decline**. 2. **Support Zone**: Around the **$3,000 level**, marked in light blue. 3. **Resistance Zone**: Around the **$3,040 - $3,060 level**, highlighted in red and light blue. 4. **Target Price**: The anticipated target is near **$3,060**, marked with...

Mychal_Pro_Trader Updated  Mar 21

### **Chart Description & Analysis** The chart represents **CFDs on Gold (US$/OZ) on a 1-hour timeframe**. It shows price movements, key resistance and support levels, and a highlighted sell zone. ### **Key Observations** 1. **Strong Sell Zone** - The chart highlights a **yellow zone** as a key resistance level where sellers have shown dominance. -...

Mychal_Pro_Trader Updated  Mar 20

*Gold (XAU/USD)* on a 4-hour time frame. The price has recently experienced significant bullish movement after breaking through key resistance levels. *Key Observations:* 1. *Break of Structure (BOS)*: The chart highlights *multiple BOS (Break of Structure)* points, indicating a shift in market momentum and the establishment of a bullish trend. 2. *Support...

Mychal_Pro_Trader Updated  Mar 20

the price action of Gold (XAU/USD) on a 4-hour timeframe, highlighting different trading sessions such as Asia, London, and New York. The price is currently testing a resistance level near the $2,909 mark, as indicated by the red box labeled "Resistance Level." A breakout area is identified just below this resistance zone, suggesting that a move above this level...

Mychal_Pro_Trader Updated  Mar 20

Gold (XAUUSD)* shows a clear market structure with notable support and resistance levels. - *Resistance Zone*: The price is currently near a *resistance level*, as indicated by the horizontal line at around *3,040*. The price has previously tested and rejected this level multiple times, suggesting that sellers are active at this price point. - *Support Zone*:...

Mychal_Pro_Trader Updated  Mar 20

technical analysis of gold (CFDs on Gold, US$/OZ) on a 1-hour timeframe. - The current gold price is **3,038.524**, showing a decline of **-10.356 (-0.34%)**. - The chart displays **support and resistance levels**, potential price movements, and a **target point of 3,070**. ### **Key Levels:** 1. **Resistance Zone:** - Marked near **3,050**, where the price...

Mychal_Pro_Trader Mar 18

Gold (XAU/USD) shows a strong bullish trend, with the price successfully reaching the previously set target levels. The target complete 3030 has been achieved, as marked by the blue arrow, confirming that the price hit the 3,030 level. Prior targets of 3,010 and 3,020 were also successfully met, as indicated in the chart. The price recently broke through the key...

Mychal_Pro_Trader Mar 18

Gold (XAU/USD) shows a strong bullish trend, with the price successfully reaching the target levels of 3,010 and 3,020, as indicated by the labels "successful 3010" and "successful 3020". The price has broken above the key resistance zone near 2,960, which is now acting as a solid support level (support 1, highlighted in yellow). The chart also sets new target...

Mychal_Pro_Trader Mar 17

Gold (XAU/USD) on a 4-hour timeframe. The chart indicates a strong bullish trend, with the price recently breaking above a resistance zone around 2,960 (highlighted in yellow). This level is now acting as a support zone for further upward movement. The red arrows highlight key resistance points where the price faced rejection in the past, indicating that this...

Mychal_Pro_Trader Mar 16

The *XAUUSD* chart presents a strong bullish trend as *Gold* approaches the *3,000* mark, with several key levels highlighted. Here's a breakdown of the current market setup: 1. *Price Action Overview:* The chart shows *Gold* recently pushing higher after finding strong support around *2,900*, indicated by the green arrow and the *Support Zone*. The price has...

Mychal_Pro_Trader Mar 13

CFDs on Gold on March 13, 2025 | 4-hour timeframe* **Key Observations:** 1. **Price Context**: Gold is trading at **2,981.060**, up **+46.915 (+1.60%)** at the time of analysis. The chart highlights bullish momentum, with the price hovering near the annotated level of **2,981.070**. 2. **Annotations**: - **BOS** (likely *Break of Structure*) marked...

Mychal_Pro_Trader Mar 13

XAUUSD (Gold)* shows a clear bullish trend setup with potential upside targeting *3,000*. Here's the analysis based on the chart: - *Strong Bullish Momentum*: The price is showing a clear *breakout* above previous resistance levels, confirming the bullish momentum. The price has recently broken key structural points (BOS - Break of Structure), indicating the...

Mychal_Pro_Trader Mar 13

XAUUSD (Gold) shows a bullish breakout setup with a clear target above 3,000. Here's the breakdown: - *Breakout Area*: The chart highlights a breakout above a key resistance zone, with a potential move towards the strong target of *3,000*. This could indicate a bullish trend continuation. - *Support and Resistance*: The chart also highlights support levels...

Mychal_Pro_Trader Mar 11

XAUUSD Setup: *Chart Overview:* - *Current Price*: 2918.486 - *Target Level*: 3000.323 - *Breakout Zone*: The chart indicates that gold (XAUUSD) is approaching a critical breakout zone. A breakout above this level would signify strong upward momentum, with the next target set for *3000*. - *Support Zone*: The support levels are visible below the current price,...

Mychal_Pro_Trader Mar 11

*Gold (XAUUSD) Analysis:* *Key Levels:* - *Resistance*: The key resistance level is located near *2,956.528*, indicated on the chart. - *Support Zone*: The support area, highlighted in black, sits around *2,885.057* to *2,890.000*. - *Order Block*: The order block zone appears near the *BOS* (Break of Structure), which could be a good potential zone for price...

Mychal_Pro_Trader Mar 10

XAUUSD (Gold)* on a *4-hour* timeframe. Below is the breakdown of the key technical elements: 1. *Current Price Level*: The price of *Gold* is currently at *2,905.96* with a slight *-0.12%* change. 2. *Key Levels*: - *Support Zone*: Around *2,892.145* where the price has recently bounced, indicating a potential *buy zone*. - *Target Zone*: The next...

Mychal_Pro_Trader Mar 10

*BTCUSD* with key levels identified for potential price action in the coming days. Here’s the breakdown: - *Current Price*: *82,367* with an increase of *+1,659 (+2.06%)* - *Key Levels*: - *Target Zone*: The price is approaching the *target* area of *102,559*, with additional resistance around *103,192*. - *Strong Buy Zone*: There's a clear *strong...