Xauusd_Ideas

Xauusd_Ideas

Price has been respecting bullish movements and breaking through each key level. Price will continue up to the next key level - this is also in line with a descending trendline, 3rd touch, break out will create more bearish momentum

Xauusd_Ideas

Gold view for today

Xauusd_Ideas

Gold structure shows a uptrend but where the correction is deeper than before. Current structure needs to broken to determine a change in trend or continuation

Xauusd_Ideas

Last week showed a 50% increase after forming a Equal Low structure - this is also in line with weekly base touch. Price is showing equal LTF High on H4 and so expect a continuation to the upside but with a poss HL formation on Step3 structure

07:31

Xauusd_Ideas

Outlook on XAUUSD for April 2021 will be decided by the close of this weekly candle. Market structure will determine whether the higher timeframe correction is completed or not.

Xauusd_Ideas

Idea moving as expected

Xauusd_Ideas Updated 

This is a common elliot wave correction pattern found in GOLD. I am expecting IF price respects the grey zone then the pattern will be complete

Xauusd_Ideas

IDEA

Xauusd_Ideas Updated 

Waiting for that structure break to determine direction

Xauusd_Ideas

Breakout of Trendline and now retesting. If respected then will push up

Xauusd_Ideas Updated 

H4: Overall Price is a key area and I expect a pullback in this area, I expect this to be reflected on the LTF HOWEVER this needs to be shown structurally. At present structure needs to be reflected.

Xauusd_Ideas Updated 

h4: bREAKOUT OF DESCENDING TRENDLINE WILL CONFIRM A PUSH UP.

Xauusd_Ideas

H1 is in a channel and if a HL is formed then expect moves up otherwise a equal low

Xauusd_Ideas

Price is ranging so will need to break in either direction to move

Xauusd_Ideas

A series of high and lows forming within a daily range area on tf structure, a LH will mean a bearish move otherwise areas shown will move up

Xauusd_Ideas

H4 shows a clearer view of LTF supply that has to be broken to proceeed up otherwise will move down

Xauusd_Ideas

Two levels that are broken to move above and below.

Xauusd_Ideas

rejecting supply area and completion of LH