GOLDGold is in an uptrend. The price has a chance to test the key resistance 1913 here. Short-term correction is expected.
Wait to sell the red zone, first target 1984 and 1871 >> GooD Luck 😊
Forex-gold
GOLD 240The price breaks through the local resistance of 1821, from this level the price can continue to rise to 1858 or retreat to the support zone , but it will still be within the accumulative range. In the medium term, a breakout of resistance at 1858 could take the price to the 1900 mark.
My guess is that gold will be in the accumulation phase for a long time, but at the moment the bulls are ruling the market and they continue to dominate the situation, which means it is worth considering long scenarios. I expect the price to start rising either from the channel support or from the level of 1821. The short-term target is resistance at 1858
Regards,FARHAD
BTC BREAKDOWNIf everything goes as I expect down on the chart where the arrow is pointing in that candle we will see on the 30 minute chart a big increase in volume, on the price chart we also want to see a big black candle ending somewhere around $16975 which will look right into the SHORT for retail and we can go straight up, if there volume will not be downward but instead shoot up I would expect there to be somewhere close to the high of the trend which may change with the results of inflation on Thursday
GOLDGold Gold has achieved the target of the double bottom pattern that it formed at the bottom
Now he has completed a negative harmonic model
I expect gold to reverse from current levels
But this requires watching a strong selling candle and then going short
Stop Loss 1893
The target is extended to 1773
XAUUSD, H1 PROJECTIONPAIR: XAUUSD
TIMEFRAME: 1H
It is important to note that the instrument, GOLD is classified as "stock" and does not necessarily behave like the regular currencies.
One may think price would retrace; correction after the impulse move but from experience, price would keep rallying up until trendline -X which marks a channel.
But like always, the pair is full of surprises so one must be careful in picking an entry point.
Lower TFs are best bets for this.
GOLD, 15M... short buyrisking 20pips for 80pips. difficult but not impossible. just waiting on the outcome now.
Gold | DECRYPTERS| XAUUSD ForecastHi people welcome to Decrypters
We are Bearish BIAS on Gold Reasons are Down Below
Todays Gold plan:-
volume profile red line
0.618 fibo
supply 4H
QM sell zone
We are Expecting to rise price up Before NFP and Drop after NFP
RLinda ! GOLD-> Is distribution over? A rebound after FB?Gold reaches the first important mark of 1858, but the resistance zone, tentatively, stops the distributive movement. There might be a technical pullback phase.
Gold makes a false breakdown of the consolidation resistance zone and the level of 1858, at the moment we see the price consolidation in the short zone, thus, the price opens the way down to the 1840, 1820 zone
I expect that after a strong rise, gold may weaken a bit. After the end of the consolidation under 1858, I expect the price to fall. The first target is 1840, the second target is 1821.
Regards to R. Linda!
And gold the rally ends..Gold has failed to break its previous higher high against the dollar. Combine that with the fact it just broke its fib support level and lower high breaks, a good short entry is seen.
Xauusd in 15MIn the short term, due to the breaking of the channel ceiling and its high stabilization, we should expect the continuation of the upward movement.
DXY (Dollar index) 4H: 19/12/2022
As you can see, price touched monthly support and had a bullish reaction.
Now if price can stay above 103.380 and break previous minor high, it can move upward.
You can see the resistances on the chart.
Final goal is FVG.
💡Wait for update!
🗓️19/12/2022
🔎 DYOR
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GBPNZD SHOWING STREGNTH Falling wedge breakout already Confirmed
rsi printed massive Bulish divergence expecting 400+ Pips Bulish MOve
EurusdBounced From 100sma + Channel Suppoert area
Now Breaking Falling Incase Of successful Breakout expecting Another Bulish Impulse
For Selling WE Needs 100sma + Channel Breakout Once We Got Breakout Eur will Be ready For 150 to 200 Pips Bearish
GOLD🔹Main situation:
At the resistance zone, consider the sell position. from the correction below the level of 1825 with the goal 1764 and 1749
🔹Alternative scenario:
A breakout above 1828 will cause the price to continue rising to the level 1875
GOLD BIAS: STTONG BUYGold is going up strong within the channel. This analysis is based on the daily timeframe. An inside bar candlestick pattern has formed in the daily timeframe which shows the bullish continuation of the market. Put your stop loss below the small horizontal line and target the high of the market for the first profit, the 8011.01 level. If the price breaks this level to the upside, then the next take profit will be the 1872.25 level.
GOLD BIAS: BUY CONTINUATIONZoom the chart to see clearly . Gold is going up strong within the channel now. This analysis is based on the daily timeframe: in the daily timeframe, an inside bar candlestick pattern has formed, signaling the bullish continuation of the market. Your stop should be below the small horizontal line and target the high of the market, the 1811.01 level.
USDCHF 2H: 08/12/2022
If price move downward, it will give us a perfect long position opportunity around 0.94.
you can see other support and resistance level on chart.
💡Wait for update!
🗓️07/12/2022
🔎 DYOR
💌It is my honor to share your comments with me💌
🔴 EURUSD : NEW WEEK TA : 12.12.22 As you can see, after price reached to the Bearish BB on the chart, it faced a bearish reaction and dropped more than 150 pips, now the price is returning to the range of 1.055 to 1.062 , This is a supply zone and I expect more fall from this range! In total, 2 scenarios are specified on the chart that you can enter the SELL position by getting the right trigger! Observe the price reaction to these numbers: 1.0645 to 1.067, 1.0725 to 1.0785!
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 12.12.2022
⚠️(DYOR)
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USDCHF 4h UpdateAs I said we needed confirmation on that black area for Long position and it didn't triggered but the price reached the blue pattern from below and I believe we have confirmation now. According to PPI report, I await for rising DXY and on the other hand we will see a drop on Gold and BTC.
XAUUSDHello traders ,what do you think about GOLD? Gold seems to have another bullish leg at least to the specified zone . Therefore, we will wait for a downward correction and if we get confirmation, we will enter a buy position
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XAUUSD 15min - 9 DEC 22During the last two days, we did not see an interesting chart due to the low volatility of the market!
We are now in an upward channel, where PPI news today can cause important moves
By a 60% chance the price will drop down!!
Have a great weekend!
