YOUNGFXTRADING

YOUNGFXTRADING Nov 4, 2024

The price is consolidating today due to a lack of more supply or demand . I anticipate that the market may continue to move sideways until midweek, fluctuating between 2730 and 2750. 🧐 I expect the market to retest Friday's highs,📊 followed by a bearish movement toward the psychological level. Given the uncertainty in the market this week,‼️ it would be wise to...

YOUNGFXTRADING Oct 3, 2024

XAUUSD price continues to move sideways 🐌 after reaching an all-time high (ATH). It appears to be forming a complex pullback, 📉 as it has not retested the previous higher high.📊 This price action may lead to a triangle formation, indicating a potential squeeze.🔀 🗞With high-impact news scheduled for today, I anticipate the market may retest the previous week's...

YOUNGFXTRADING Jul 31, 2024

r; 2332 2418 2408. s; 2400 2392 2383 2367

YOUNGFXTRADING Sep 20, 2022

Tight range which is usual pre-event.  Pick your entries wisely or try to stay away from the market until after the FOMC release tomorrow.  Likely we will see choppy, ranging price action with spikes either side so please trade safely. We expect a 1800 again or 1560

YOUNGFXTRADING Sep 15, 2022

XAUUSD is about to buy back up just like 21st July 22. With CPI NEWS making sellers rulers of the market we may now see a repeat of July massive buy to the 1750/60 zone and a futher market movement to 1800. Is that possible let find out

YOUNGFXTRADING Aug 13, 2022

Due to cpi new effect on market we have seen a movement to the 1800, which is a major zone (jan and Feb) Now we expect a market short movement to 1790 retracement to consider more buy to the 1800 region expect a 1830 in play this new trading week

YOUNGFXTRADING Jun 29, 2022

with the price ranging between 1850 and 1815 Looking at the weekly chart we can see that at this moment a lower high is in place at the 1875 zone and the price is pressing on 1815 support. A break of this support could lead to further losses, but more importantly, will confirm a break of the long-term trend line . In such an instance we can assist to a change of...

YOUNGFXTRADING May 2, 2022

Current trend Quotes of the precious metal are being corrected in a downtrend, being at around 1883.0. Investors are showing an active interest in gold as a defensive asset after the freezing of Russia's gold and foreign exchange reserves against the backdrop of sanctions imposed after the start of a special military operation in Ukraine. According to the...

YOUNGFXTRADING Apr 22, 2022

At the jan and feb resistance (1930) we expect either a long to 1970 region or to the 1819 zone, leaving price open for a short to 1830 during NFP. OANDA:XAUUSD

YOUNGFXTRADING Feb 11, 2022

A huge sell to the 1805 after a retest of the new zone at the 1830 market will reach it resistance and get a push back

YOUNGFXTRADING Jan 17, 2022

Is the EURUSD rise complete? As you already know, we're waiting for the rise on EURUSD to finish, so we can then enter short On Friday we had the first signs for a possible end of the upside move on H1 We have a high and then a trendline breakout. Now we expect to see a lower high and a breakout of the previous low. This will confirm the reversal and we...

YOUNGFXTRADING Jan 3, 2022

Support and resistance At the moment, the price tries to consolidate above 1.3510 (50.0% Fibonacci correction) to continue moving to the levels of 1.3585 (61.8% Fibonacci correction) and 1.3672 (Murrey) ). The key "bearish" point is 1.3440 (Murrey ), which breakdown allows further decline to the levels of 1.3340 (Fibonacci correction 23.6%) and 1.3300. An...

YOUNGFXTRADING Jan 3, 2022

Support and resistance Resistance levels: 50000.00, 51300.00, 54500.00, 56500.00, 59600.00. Support levels: 46400.00, 43750.00, 41000.00. Trading tips Short positions may be opened below 46400.00 with the targets at 43750.00, 41000.00, and stop loss 48200.00. Implementation period: 5-7 days. Long positions should be opened above $1300.00 with the targets at...

YOUNGFXTRADING Jan 2, 2022

A clear bounce on the 1.38 region so we expect a sell to the 1.30 support.

YOUNGFXTRADING Jan 2, 2022

We will be trading within the box for this week, the resistance and support are the major and minor.

YOUNGFXTRADING Jan 2, 2022

The 1834 zone is a retracement zone for gold in July,August and September so will it happen again ?

YOUNGFXTRADING Dec 31, 2021

At 1823 or 1820 is a good entry-level To the support

YOUNGFXTRADING Dec 2, 2021

#Gold- To break, or not to break? After breaking under the important 1800 figure, Gold bulls have tried to reconquer this zone at least 3 times and failed each and every time. This, for me, is a very bearish sign and I expect Gold to fall hard and deep. As I said yesterday, 1750 support is no longer an important one, and if/when 1770 will fall, the next important...