laurettaelorm

laurettaelorm

Gold (XAU/USD) has pulled back into a significant buy zone between 2626 and 2630 aligning with a key demand area and the ascending trendline support. This retracement provides a potential entry point for buyers looking to capitalize on the next leg up. Scenario: If price holds within this zone, we could see a bullish reaction driving prices towards the...

08:54

laurettaelorm

As the year draws to a close, we’ve seen gold maintain a strong bullish trend throughout. However, with the year-end approaching, banks, institutions, hedge funds, and other major market players are likely to start unwinding their long positions. This shift could create increased bearish momentum for gold from now until the end of the year. For November, I expect...

09:26

laurettaelorm

Gold remains very bullish, and even though we have no historical data to base our analysis on, we can continue trading according to the trend until we see a bearish confirmation later in the future.

06:33

laurettaelorm

We finally had a break of structure last week, and typically, after a break, we should expect a retest before a continuation. Now, with where the price is currently, I think we'll have a final push up to 2600, which is a psychological level for the all-time high on Gold, before we start seeing a bearish shift. A confirmation of this will likely push us to the...

07:32

laurettaelorm

"The current weekly candlesticks indicate that price is exhausted, and on the daily timeframe, it's clear we're in a correction after a long bullish run. Price is currently stuck in a range, and until we break out of this range, we can only trade cautiously within it based on the setups we see. Share your thoughts in the comments section.

05:32

laurettaelorm

We've seen evidence of exhaustion in Gold over the past couple of weeks, as indicated by the weekly candlestick patterns. These suggest that the market is preparing for a correction before continuing its upward trend. I'm expecting a neckline retest on the daily timeframe, along with candlestick confirmations, for a push to the upside. Share your thoughts in the...

laurettaelorm

Gold is currently in a correction phase and I'm waiting to take my entry at the buy zone

laurettaelorm

I believe we'll see one last drop on Gold to make a trendline touch before market turns bullish again.

laurettaelorm

USDJPY is giving us another clean SELL setup. It's just a matter of time and patience under price get to somewhere around 112.200 Only then will I consider take a SELL on this pair. Anything aside this will be too risky for me to take.

laurettaelorm

AUDUSD: this pair made a significant move last week as expected but retraced instead of moving up to our TP level. I think this buy setup still holds because we already see a channel form and price is now retesting a 1W major trendline.

laurettaelorm

PLEASE USE PROPER RISK MANAGEMENT

laurettaelorm

PLEASE USE PROPER RISK MANAGEMENT

laurettaelorm

This is a solid swing trade set up. We should expect price to drop

laurettaelorm

XAUUSD. We should expect to make impulses and a push to the downside anytime soon provided Gold is able to push up and hit the trendline. We'll look for SELL entries on 5m or 15m

laurettaelorm

GBPUSD is forming a familiar reversal pattern and price is expected to push up and touch the trendline in order to complete this pattern. We're only looking for SELL opportunities here so we'll wait patiently and monitor price action at the top in order to get the best entry point with a good risk to reward ration. Hopefully, we get to take this trade either today...

laurettaelorm

NZDUSD has been bouncing off of the trendline on multiple times frames for a while now and we see a grave stone on the daily time frame which gives us more confluence of a push to the down side. We'll most likely see impulses to the downside any day during this week or next week. So we can wait for the best entry setup on either 1H or 15m. Better still, you can...

laurettaelorm

#CADCHF on the daily time frame gave us a double top which indicates a push the downside but we see price slowing down and creating a lot of indecision candle instead of impulses which tells us that CADCHF isn't ready for a bearish move yet. Now on 4H, we see a familiar pattern that gives us multiple confluence of a last push to the upside before makin the...

laurettaelorm

EURUSD has now displayed a Head and shoulder pattern after last week's break and retest on the 4H time frame. I believe we'll see an upward movement this week but I'm waiting patiently for more confirmation. I'll only take this trade when there's a 200MA crossing on the 4H time frame. This confirmation might happen today or tomorrow or even later in the week.