XAU USD - Horizontal Resistance is Ahead!Hello Fam!
My setup on XAU also worked out well, for this uptrend to continue we have to cross the horizontal resistance guys, once it's done new long can be opened.
Good luck to you!
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Idea is not the financial advice!
CFD
XAUUSD. Reversal pattern has appearedHello Fam!
As I told you guys, gold is growing, not made a reversal pattern in our case, it's an ascending triangle. Long position better to be taken on the confirmed breakout or on the retest.
Good luck to you!
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DAX ANALYSISDAX 30 index broke downtrendline
Price rebounded from 50% Fibonacci at level 12793 with price action candlestick
Index is based above key level
It's expected for forming Elliot wave 5 to target supply zone at level 13310
USOIL ANALYSISUSOIL is trading in consolidation triangle pattern
Price is based on HVN at level 42.24 which indicates that USOIL is in accumulation phase
MACD shows weakness in bearish momentum
RSI rebounded from oversold region
We r waiting price to break upper limit of triangle pattern to open long trade
It's expected for coming bullish movement to target resistance levels 43.50, 45.15 respectively
XAUUSD. Fixed above the key levelHello Fam!
XAUUSD has fixed above the key level as I mentioned. Now has to go up to the resistance level and higher if breaks the resistance.
Good luck to you!
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This idea does not provide the financial advice.
DAX INDEX ANALYSISDAX INDEX broke lower edge of up-channel
Price is based below strong supply zone at level 12925
We r waiting price to break SMA 100 on H4 frame and break also next support level at 12715 to open short trade
It's expected for coming strong bearish movement to target support level at 11200
which corresponds to classic target of broken up-channel
not another gold bugs ....Disclaimers mode on
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XAUUSD, The Last Stage!))The price accumulates its power under the last resistance 0.786 of Fib Retracement.
I show you how gold respect every stage.
What we can do now?
We can trade the last stage with the take profit near level 1.0.
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GOLD, No reason to fall now...The gold global trend is still bullish. I'm looking to buy entries only.
One of the possible Buy trades can be above the Mirror Level 1789 and above the Nov 2011 High 1803.
Potential profit will be 3 times bigger than the risk.
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GOLD, The SMILE PATTERN))The price is above the Key Level, so smile and trade buy after the pullback 😎
Don't be confused, this is not a kind of pattern! Just my vision with a good mood💡!
Have a nice day and lucky trades!
Don't forget to smash the like button🔥🔥🔥! It will motivate me to share more ideas.