Hello traders, this is my idea on GOLD (XAU/USD). Please do not take this as a signal or any sort of financial advice. Always remember to use proper risk management when it comes to trading GOLD. Price is heading up to 1 minute supply area. (2566.800). Since we had that massive move to the upside, we should have some pull back to 2530 area. (if you drop down...
Looking at EU. We see a H&S forming. I am waiting for price to head back to 1.11600. If we can see price move up there then we can drop down to the LTFs and look for confirmations on sells.
Price broke below trend line and now we can look for bearish movements. Price now broke below area of demand and now I am waiting for a retest of that area (39065) to my first target at next level of demand (38850)
This is my analysis on EURUSD. Price failed to create a new LL and in stead created a HH which resulted in a BOS at 1.06425. Currently waiting for price to drop to the imbalance candle (fair value gap). Once there I am going to wait for price to respect that area and go for longs.
Hello traders, this is my analysis on gold. Price is climbing up to 2355 - 2360 area. Looking to see price drop when it hits that area. A nice triple top is forming which is a nice pattern for sell opportunities. Looking to see price drop down to 2327 - 2330 area.
USDCAD, heading to a key level of 1.35800… This will be 4 taps on this level, providing a nice noticeable double top. Looking to see price react to this level and drop. If you invert the chart (alt + I) you can see a double bottom, (just for another form of confirmation). My overall target will be back down to level 1.34900
Looking at the daily time frame. Price is currently retesting the neckline from the daily double top. Looking to see price fall down to 38500. If you agree please like this post.
As long as price continues to stay above 1.07175 then we can see price move up
If we can get price to close under 1.09600 then we can see a nice movement downwards (double top) , the dollar has a nice double bottom forming as well which is a good confirmation of the bearish move. But, if dollar breaks above 1.09600 then we can see a movement upwards
Just a little analysis on US30.. Price broke above 35100 and now we are looking for buys to the next area.
Price closed above 34300… Currently looking for buys to 34400… If price can break and close above 34400 them we can see a nice move to 34800…
Price broke through downward trend line and retested support zone 0.64150. Looking for price to move upwards to 0.66000
GJ is looking real good for a continuation upwards. Let see price retest either 184.775 or 184.300 to 185.800
Waiting for next 4 hour candle to close. If price can close under 1.80500 then we can see price continue to the next zone which is 1.79500
Price broke above 1.44900... Currently waiting for a retest of this price and will be looking for buys to our next price at 1.45500
Looking for shorts. Price formed nice double tops on the 4hr 2hr and 1hr. Looking for price to fill those wicks. My TP is set at 147.500... Let me know what yall think about this analysis down below.
Hello traders, this is a quick video on what is happening with gold right now. If price breaks above 1932 we can look for buys to 1948, or if break rejects 1932 then we can look for shorts down to 1912
Looking at price. Looks like a double bottom is forming. Waiting for price to come down to 1911.500 and see if we can see confirmations for buys.