onamission_xau

onamission_xau

Price for XAUUSD closed on Friday 20th June failing to create new Lower Low and eventually closed slightly above the previous pivot low with momentum to the upside with buyers creating a large closing upside movement through an existing descending resistance on the 1 hour time frame. After a previous week of uncertainty and sideways movement in consolidation we...

onamission_xau

Friday 6th June we observed price spend the majority of the early hours of the London session ranging between support and resistance zones Within a 4Hour ascending triangle pattern from the higher timeframe, the interesting scenario was that within this "4hour" higher spectrum, there was a nice, neat 1Hour Descending triangle forming within the space, as it...

onamission_xau

Today is an interesting day for the XAUUSD pair. observation and patience will be key for any intentions before placing and executing a buy or sell position. In the higher timeframe 4hour we have multiple situations to take note of, not overcomplicating any market scenarios and looking at the point blank facts that are presented to us in the present moment. take...