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parisseine Updated 

As explained in my previous analysis, OANDA:XAUUSD absorbed seller liquidity before surging above the 1944 price line. By maintaining its position during the Asian session, it shattered the Change of Character, signaling a potential bullish trend that could target the 1962 resistance zone. A downward bearish move towards 1933 may expose the 1909 price level,...

parisseine Updated 

Friday proved to be another remarkable day for Gold ( OANDA:XAUUSD ). After a new daily drop of $19 from the opening, the Price Action impressively reached my target of 1933. Honestly, I wasn't anticipating achieving my goal so swiftly. Therefore, I speculate that the end of the Friday session was indicative of a Sell-side liquidity type of price action. It's...

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OANDA:XAUUSD After bouncing from the lower low, Gold achieved our upside pullback target in a historical range, the one above 1962 and reached the middle encroachment of it, right below the 1966 price level. Now, the price action today is back to the downside direction along with the bearish momentum. There are different possibilities to consider, and at...

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OANDA:XAUUSD After beautifully pulling back from the range mentioned this day in my previous idea, Gold is now on the way to a very critical price area just above the previous Inducement zone on the 1962 price range. Despite the temptation to get a Long, counter trend of the Bearish momentum isn't without troubles. Nothing here can be for granted but it makes...

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Yesterday was really dramatic for Gold OANDA:XAUUSD traders. I explained the danger of an Inducement area located in the 1962 price range. I guess many traders were expecting price to take off from what looks like a Resistance zone before being engulfed to the 1945 price range! Today we're seeing some dip below a new consolidation range but I won't be there to...

parisseine Updated 

OANDA:XAUUSD After our previous $24 diving experience we get a new potential Short side opportunity on Gold. Gold is in a Consolidation Channel and we got a limited Buy side liquidity sweep. As Gold is in a strong Bearish Institutional Order Flow it makes sense that Fakeout to be relatively small above the consolidation range. An upside breakout of that range...

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OANDA:USDJPY Despite the recent pullback after the sharp downside displacement following the US job data last Friday, a new downside impulse on USD JPY might be in the making. Let's stay alert as a new Fakeout above the consolidation range might be the first stage of that coming move.

parisseine Updated 

OANDA:XAUUSD Gold benefited from the FED standby and we're seeing a potential fakeout above a consolidation range here in green for now as it's acting as a Demand zone. If price action can manage to get above this range we could see a new up leg towards the previous Higher High Pivot at 2009. In the contrary a dip under that range will trigger a resume of the...

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OANDA:XAUUSD Since the start of the current up leg from 1977-1978 XAUUSD got nearly no retracements. I expect Monday opening to be alike. The reason is that the price action managed to reach a new Equibrium area located @ 2004 price level. The previous Equilibrium level was the 1977 area and we kept it for more than a week. I think it will be the starting...

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I explained today the condition of a short on Gold OANDA:XAUUSD following a Buy Side Liquidity sweep. A strong resistance on a supply zone, a breakout followed by a sharp displacement to the downside. I knew since the beginning that the Institutional Order Flow was Bullish so why a Short ?? In fact I was expecting that slope to be a liquidity trap to get more...

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Yesterday we saw a Buy side liquidity sweep on Gold OANDA:XAUUSD followed by a downward slope showing strength and displacement. The price recovered within the boundaries of the 1988-1989 previous supply zone. Technically it opens the door of a potential Short side trade. In another hand the middle east conflict is creating uncertainty about how successful can...

parisseine Updated 

Breakout or rejection of the 1988 price level will determine the following trend in the direction of the bullish momentum or in a downward bearish range. Two inverse FVG will resist to the upper breakout with an encroachment around 1988.5 as a main focus of interest. The previous rejection was during the New York session opening range and a displacement of over...

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Despite the higher timeframe bullish momentum the current downward enables to Short a Daily range. Expected target in the 1967.5 area. OANDA:XAUUSD . FVG in green to potentially prevent the target to be fully reached.

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Many traders will be interested to trade the new reached resistance level on USD JPY. It might be a very attractive level to place an order but unfortunately It can be also a honeypot type of trap. On a Smart Money perspective that area just above the multi days resistance level is a liquidity area. That liquidity is potentially harmful for short traders as a...

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FX:GBPUSD Here GBP USD in timeframe one hour with the visualization assistance from Ricksimpson (Zigzag order block retracement ) and HeWhoMustBeNamed (Auto TrendLines and Support Resistance ). Thank to them we can see how GBP USD managed to rebound from the 1.341x region to breakout the wedge near the 1.348x. Following the breakout in principle that price area...

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OANDA:XAUUSD After several attempts inside the 191x region, Thursday may open the way to the sub-1900 price range on Gold. Here is the past sequence with the expected demand zone(blue area)

parisseine Updated 

OANDA:XAUUSD On the back of the US employment data, yesterday Gold manages to reach again 1955 without being able to cross over previous day high. Today a breakout of that level can enable an extension to the 196x level but as for now, a new low is still on the card. Here are the high low sequences:

parisseine Updated 

Gold is experiencing a reprieve to the 1943-45 price area but the complete bearish slope still have a potential extension to the downside into the 1904-8 area. Here the sequences for OANDA:XAUUSD