Traders and Investors, Gold has been going sideways in past couple of weeks after a making a great push the upside. It is now is a crucial level where it now needs to decide how it is going to finish the year. There are few very important scenarios based on Candle stick patterns, Fibonacci patterns and trend assessment.
Bullish scenario:
1. It can end the yearly candle as slightly bullish candle and for that it can go to 1833-1850 or 1906 level too.
2. Yearly candlestick pattern supports that
Bearish Scenario:
1. The year end with a bearish dozi candle, basically not much movement in the days to come
2. The year ends with a large bearish candle. A possible M pattern,, extended M pattern scenarios are available.
In this Gold ( XAUUSD ) analysis update we will look at what happened and what sort of opportunities can be there in coming days and possibly weeks.
Please support this analysis by liking and sharing. 👍🙂
Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
____________________________________________________
Bullish scenario:
1. It can end the yearly candle as slightly bullish candle and for that it can go to 1833-1850 or 1906 level too.
2. Yearly candlestick pattern supports that
Bearish Scenario:
1. The year end with a bearish dozi candle, basically not much movement in the days to come
2. The year ends with a large bearish candle. A possible M pattern,, extended M pattern scenarios are available.
In this Gold ( XAUUSD ) analysis update we will look at what happened and what sort of opportunities can be there in coming days and possibly weeks.
Please support this analysis by liking and sharing. 👍🙂
Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
____________________________________________________
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🔴 Training: bit.ly/vikinsacorestrategyprogram
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🔴 Reviews: bit.ly/VikinsaTrustPilotViews
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🔵 Free Telegram Channel: t.me/VikinsaFx
🔴 Training: bit.ly/vikinsacorestrategyprogram
🟣 YouTube : youtube.com/vikinsa
🟡 Twitter: twitter.com/vikinsa
🔴 Reviews: bit.ly/VikinsaTrustPilotViews
🔴 Training: bit.ly/vikinsacorestrategyprogram
🟣 YouTube : youtube.com/vikinsa
🟡 Twitter: twitter.com/vikinsa
🔴 Reviews: bit.ly/VikinsaTrustPilotViews
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.