Profit-Scalper

Profit-Scalper

Gold has been following a steady trend over the past week but has now broken it, indicating a potential shift in momentum. Traders should watch key levels closely as market dynamics evolve. Scenario 1: Gold may retest the trendline before continuing its upward move to reach our target of 2770, with a potential break above 2777. Scenario 2: The price could...

Profit-Scalper Updated 

H4 Analysis – XAU/USD Current Price: $2,668 Gold is currently consolidating within a well defined upward channel on the 4h timeframe. The market has exhibited steady bullish momentum after bouncing off a key support zone around $2620. Recent price movements show strong bullish momentum, pointing towards a possible move to higher resistance levels. Key...

Profit-Scalper Updated 

H1 Analysis - Current Price: $2687 Gold has been climbing steadily over the past few days, and the daily (D1) bias remains bullish. My weekly analysis suggests that the market is likely to reach $2760 this week, with strong bullish momentum. For now, with the daily close at $2697, I expect a minor correction towards the H1 unmitigated order block. Notably, this...

Profit-Scalper Updated 

The market has been following the trendline for the past 2-3 days. A daily price close with a Doji candle suggests indecision, while our daily bias remains bullish. However, today is Friday, and we have the NFP news event. We anticipate the market to move up by 120-130 pips, following the trendline, toward my identified resistance zone. Wait for gold to reach...

Profit-Scalper Updated 

hello traders! ProfitScalper 1H Analysis, Current price: 2662. Market Overview: The market is currently in a strong bullish momentum. A key development to note is the successful breakout above the significant resistance level of $2660, with the daily close confirming this upward move. Although a small correction may occur from current levels, the ideal entry...