Rigtht now Gold is facing a resistance here look for bearish candle stick pattern on shorter time frame like 15 minutes and go short if a bearish candle appears at this point. Targets and re-entry areas are explained on the chart. Please LIKE and FOLLOW if you like my work.
OANDA:XAUUSD Enter Short on Gold ( XAU/USD ) @ 1295.33 with stop loss @ 1801 Targeting @ 1783 I just shared the same but now the entry is nearing if it fills our short entry. OANDA:XAUUSD
IF Gold falls below from here it will first aim for 1784 - 1780 Support level . From there Price Action will decide our trading decision. Wait for this support to hit. then watch out if it holds or not. I will comment on this one as its unfolds. If you like my contributions please like and subscribe and also spread my work by sharing if you thinks is worth it. Thanks.
Watch for Candle Stick Patterns, Price Action of price behaviour at these very important levels. These areas are crucial. Market will make decisive moves there so watch for
Gold important immediate support levels to act upon.
Trade according to Price Action @ the Support Structures mentioned here.
Look for a bearish Candle stick formation To SELL here at this level. If a candle closes above this then look for a retest of this area and BUY.
Here we have updated potentially significant Support Resistance Areas. When I post these areas please look for Price Action there. Like in our previous idea price slightly broke through the resistance but it never gave a buying signal there. The buying or selling decision has to be made watching Price Action watching the Candle Sticks patterns over there. Previous...
Watch out for this short term resistance level. Watch Price action here and trade accordingly.
#GBPUSD is sitting on a key harmonic level I believe there's a good opportunity to go long from here with a healthy risk to reward ratio.
EURUSD is sitting on a key support level has already bounced a bit and is now giving us a chance to go long here. Lets see how it unfolds.
There should be a corrective move down on cable.
Well not much to say but it somehow looks like another leg up towards 1.1365 its sitting on a key short term support level. Lets see how it unfolds. There is some fundamental breaking news as well but rely only on technicals
GBP/USD is currently heading for the above Resistance level I have plotted on chart. Watch out for this key level. If it gets broken then chances for bulls are great but in my own opinion GBP/USD will get a strong resistance from this area and is most likely to be rejected with huge potential for Bears. Therefore my personal bias remains bearish after hitting the...
This area in in short term is a nice support level which I believe would hold for short term good enough to give us a few pips. Let's see how it unfolds. Don't forget to give a like if u find it interesting enough.
EURGBP has already tested and got rejected from this trend line but the bounce was not significant so I am expecting another even bigger rejection from this level.
EurUsd market at this stage is looking biased for Bulls atleast for the short term or intraday trading. At this time as I publish this one liquidity is not enough in Asian session tomorrow as the liquidity picks up we might achieve our targets. I don't know much about findamentals but technically market is gathering for a bull move may be after FOMC minutes...