UnknownUnicorn78746357

UnknownUnicorn78746357

Analysis Summary Resistance Zone and Weak High: The price previously reached a high around 40,200, forming a weak high within a resistance zone. If the price approaches this level again, it may encounter selling pressure, but a breakout could signal a continuation of the bullish trend. Break of Structure (BOS) and Change of Character (CHoCH): The recent BOS and...

UnknownUnicorn78746357

Analysis Summary Resistance Zone and Strong Highs: The chart shows multiple resistance levels at 1.8098, 1.8155, and 1.8224. These areas could act as selling zones if the price retraces upwards, with the closest resistance zone around 1.8098 being the immediate focus. Change of Character (CHoCH): A CHoCH near the 1.8098 level indicates a potential shift in market...

UnknownUnicorn78746357

Analysis Summary Order Block Resistance: The price has reached an order block in the zone between 0.6016 and 0.6032. This area is likely to act as a strong resistance, where sellers might step in, potentially initiating a bearish reversal. Break of Structure (BOS) and Lower Low (LL): The recent BOS and LL formations reinforce a bearish structure, suggesting a...

UnknownUnicorn78746357

Analysis Summary Resistance Zone and Strong High: The price has reached a resistance zone around 0.6630, with a strong high marked near 0.6629. This area could provide selling pressure, setting up a potential bearish reversal if the price fails to break above this level. Change of Character (CHoCH): Multiple CHoCH signals on the chart indicate shifts in market...

UnknownUnicorn78746357

Analysis Summary Order Block Resistance: The chart highlights an order block around 19,373, which acts as a resistance zone. If the price reaches this level, it may encounter selling pressure, providing a potential area for a bearish reversal. Lower High (LH) and Strong High: The presence of a lower high (LH) suggests that sellers are maintaining control at higher...

UnknownUnicorn78746357

Analysis Summary Premium Zone and Strong High: The premium zone, marked between 153.100 and 153.300, highlights an area where selling pressure could intensify. The strong high at 153.100 reinforces this resistance level, suggesting it may act as a turning point if tested. Inefficiency (Fair Value Gap): The inefficiency (or FVG) zone at around 152.700–152.900 may...

UnknownUnicorn78746357

Analysis Summary Premium Zone and Strong High: The price is approaching a premium zone between 2,745 and 2,750, where selling pressure could emerge. The strong high in this area marks a key resistance level that may limit further upside. Change of Character (CHoCH): A CHoCH near the current price indicates a recent bullish shift in short-term momentum. However, if...

UnknownUnicorn78746357

Analysis Summary Higher High (HH) and Strong High: The HH near 8,420, along with the strong high marked on the chart, indicates a recent resistance level that has established an area of potential selling pressure. The current structure suggests that the market is struggling to maintain upward momentum from these highs. Change of Character (CHoCH): Multiple CHoCH...

UnknownUnicorn78746357

Analysis Summary Lower High (LH) and Strong High: The chart displays a lower high around 42,500, suggesting that sellers have control at this level. The strong high above it reinforces a significant resistance point if the price moves upward. Break of Structure (BOS): The BOS below the recent low signals bearish momentum, indicating that sellers are likely to...

UnknownUnicorn78746357

Analysis Summary Lower High (LH) and Strong High: The recent lower high (LH) formed near 19,650 shows where sellers pushed back strongly. This area is reinforced by a broader supply zone, indicating significant resistance if the price rises to test this level again. Change of Character (CHoCH): Several CHoCH levels highlight shifts in short-term momentum,...

UnknownUnicorn78746357

Analysis Summary Break of Structure (BOS) and Change of Character (CHoCH): Multiple BOS and CHoCH markings indicate shifts in market momentum. The most recent BOS suggests a bearish trend continuation, while the CHoCH levels mark zones where short-term bullish momentum shifted back to bearish. Strong High: The chart shows a strong high around 1.3950, indicating a...

UnknownUnicorn78746357

Analysis Summary Change of Character (CHoCH): The CHoCH levels, marked both to the left and near the recent high, indicate shifts in market sentiment. These suggest potential reversals or pauses in the current price direction, providing areas of interest for traders. Lower High (LH) and Weak High: The lower high formed around 1.09150, noted as a weak high,...

UnknownUnicorn78746357

Analysis Summary Lower High (LH) and Weak High: The chart shows a lower high (LH) formation, suggesting that sellers are gaining control and pushing the price down from each attempt to rally. The weak high near 2,762 remains untested, which could be revisited if there is a strong reversal. Supply Zones: Multiple red-shaded supply zones above the current price,...

UnknownUnicorn78746357

The chart showcases the recent price action in the XAU/USD pair with a few important technical levels and concepts marked. Key Observations: Break of Structure (BOS): The BOS level, around the 2,747-2,748 zone, indicates a previous resistance level that has been broken. This breakout confirms a shift in structure, suggesting the beginning of an upward...

UnknownUnicorn78746357

Disappointing NFP data was offset by hot wage inflation data. The U.S. labor market report failed to deter dollar buyers as it had limited impact on market pricing in Fed meeting expectations. Which had a negative impact on the price of gold... All eyes are now on the US presidential election on November 5, and the outcome of the Fed meeting on Thursday. Markets...