PriceActionMatrix

PriceActionMatrix

TRADE IDEA : We know you were waiting for XAUUSD! The price is following the trendline and face the 3120 resistance level How ever breaching blow the trendline will trigger a decline towards 3075.

PriceActionMatrix

WAKE UP, GUYS. IT'S XAUUUSD TIME! We can see further situation gold is retesting the trendline at the (3005) support level The alligator looks bullish and the RSI crosses the mid-line upwards however the resistance is strong for the assets TRADE IDEA: If the price breaks above the trendline the gold may rise to (3050) however breaching below the (3005) will...

PriceActionMatrix

Well usdollar loses its strenght and the pairs breached above the local Trendline and faces the 1.9800 resistance level Trade idea: BUY EURUSD on a break above the (1.980) Target 1: 1.1020 Target 2 : 1.1060

PriceActionMatrix

Well guys EURUSD has formed a rising wedge pattern after a strong rise , testing the lower trendline and MA50. RSI has formed divergence , and parabolic SAR Indicates the beginning of the decline . However remember that the US FOMC interest rate released today! .Trade Idea We consider selling EURUSD ONLY If it consolidates below the trendline below...

PriceActionMatrix

Bearish Outlook (As Indicated by the chart) Trading Strategy: Short position entry : Blow 83000, targeting 80000 If BTC fails to hold the trendline expect a drop to 80000 let me know in comment if you need further analysis!

PriceActionMatrix

Trading strategy . Sell Opportunity: If price confirms rejection from the 3038 - 3043 zone shorting could be an option . target 2942 - 2921 for profit taking . stop-loss above 3054(to avoid false breakouts ). Would you like a more details comment blow

PriceActionMatrix

This chart represents a technical analysis setup for Gold (XAU/USD) on a 30-minute timeframe. Here’s my analysis: Price previously rejected from this level, indicating strong resistance. The price attempted to break above but failed, suggesting selling pressure. Bearish Rejection and Downtrend Indication The latest candlesticks show a rejection from the...

PriceActionMatrix

Gold (XAU/USD) Price Analysis Based on the Chart The chart shows an uptrend, with the price following a strong ascending trendline (red line). 2. Support & Resistance Levels: Support Zone: Around $2,796.68 (highlighted in green). This is a critical level where price may find buying interest. Resistance Zone: The price is approaching the $2,900+ region, where...

PriceActionMatrix

The chart suggests a possible downward move toward the lower support zone ($2,622.40) if the price fails to break the resistance at $2,726.92. Analysis: Bearish Scenario: If the price breaks below the lower trendline, it could signal a continuation of the bearish trend, targeting the support zone. Trading Advice: Watch for a breakout from the triangle pattern...

PriceActionMatrix

Hello traders, The chart shows Gold in an upward channel, indicating a bullish trend: Key Resistance: $2,680–$2,692. Key Support: $2,623–$2,632. Expect a retracement to support ($2,632) before a possible rally toward resistance ($2,692). Long positions could target $2,680+ with a stop-loss below $2,624. Watch for breakouts beyond the channel for trend changes.

PriceActionMatrix

Hello Traders! GOLD Analysis: Gold is approaching a key resistance level, coinciding with the upper boundary of the short-term ascending channel. This resistance zone is expected to act as a strong barrier, potentially halting the bullish momentum. Key Expectations: 1. *Bearish Reversal*: High probability of a reversal at the resistance level. 2. *Decline*:...

PriceActionMatrix Updated 

Hello traders, This chart represents an analysis of gold (XAU/USD) on the 30-minute timeframe. It appears to indicate a potential buy setup after reaching support levels. Here's the idea based on this chart: 1. Support Zone: The price has tested the support zone near 2,596, showing a strong bounce. This indicates potential bullish momentum. 2. Trend...

PriceActionMatrix

Hello Dear Traders, Today my thoughts on gold gold ,after significant drop last week has shown reaction near the support and entered a corrective is expected phase this upward correction is expected to continue until the price reaches the specified resistance zone . based on the market structure ,it is anticipated that after completing the correction , the price...

PriceActionMatrix

Gold next week expected move technical analysis Chart update

PriceActionMatrix

GOLD MARKET UPDATE Triangle formation gold is currently trading within a triangle pattern, indicating a critical juncture. two possible scenarios emerge: Scenario 1: bullish continuation . fails to break out upwards confirming triangle resistance . continues sell trend targeting : 2600-2580 KEY LEVELS: . Support : 2656-2647 . Resistance :...

PriceActionMatrix

Gold Market update price drop alert! gold has fallen from our previously identified level (2740) to (2652) confirming our earlier analysis . key levels for today ; support; 2652-2645 Resistance; 2705-2710 Trading out look ; with gold now trading near support keep on eye these levels for potential bounces or breaks possible scenarios; 1.Bounces from support;...

PriceActionMatrix

Trade Outlook:* After the pullback, gold is likely to continue its decline. We anticipate a drop to at least the channel's lower boundary. *Join the Discussion!* Share your thoughts and predictions in the comments!