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Forex-gold

XAUUSD - BEARISH OR BULLISH?1. Previous monthly candle close was bearish and it broke through our major support level at 1831. 2. Price partial wick filled the hammer candle which was its previous candle. 3. I'd expect another retest on the high at the 1820-1830 since this was the range where price plummeted post-NFP last month. 4. This week is also NFP week so I'd expect a volatile move to the upside for another retest just like it did on the previous NFP week. 5. I'd expect the price to fully fill the wick at 1678 and if it did price might be able to test the 50EMA. 6. If the price breaks through our key resistance level at 1831, we might be able to see a another push to the upside at 1890-1907.
OANDA:XAUUSDShort
by JuanCrlsTrades
USOIL (WTI Crude Oil) : 1Month TFWell, as we see in the monthly time frame of the US Crude Oil Chart, the price in February finally broke its 13-year downward trend ... After that, it continued to grow well and reached its static resistance level in July 2021, and It failed to defeat it and then rebounded to its broken support level in August. Last month, the price reached to the psychologically and Impostant resistance level which is 77$ ... we have to see if the price can finally break this important 3-year resistance in October or what ... ⚠️ This Analysis will be updated ... TVC:USOIL 👤 Arman Shaban : @Ar_M_An_4 📅 02.Oct.2021 ⚠️(DYOR)
TVC:USOIL
by ArmanShabanTrading
13
5 Important Candle Patterns that You Need to Know 5 most important candlesticks to know! Simplicity is the key to a positive result, and many traders ignore the simplicity of using these 5 MAIN candle patterns and the importance of each of them, as well as what they are. Many traders complicate everything and make trading more complicated than necessary. Using only these 5 candle patterns together with other basics of technical analysis is all you need to successfully make money in the market! Learn to read the market like a book, read candles-it's like reading words on a page. Candlesticks are the language of the market, and to understand the market, we must be fluent in the language of the markets. Knowing exactly where to find and trade these 5 candle patterns can change your trading forever. Candlesticks combined with other methods of applying technical analysis can be incredibly powerful in understanding where financial markets can go. It is important to remember that candlestick patterns are a physical representation of human psychology and decisions made in the market. Think deeper. The candles that you see on your charts, actually give you clear signs of what the dominant side (buyers or sellers) wants to do next. ❤️ Please, support our work with like & comment! ❤️
OANDA:XAUUSDEducation
by SignalProvider
41
4 TIPS ON USING TECHNICAL INDICATORS 🤖🖥 Hey traders, Technical indicators are an essential part of technical analysis. With multiple different indicators on a chart, the trader aims to spot oversold/overbought conditions of the market and make a profit on that. Though, I don't consider myself to be an expert in indicators trading, here are the great tips that will help you dramatically improve your trading with them. #1️⃣ Do not overload your chart with indicators. There is a fallacy among so many traders: more indicators on the chart lead to an increase in trading performance. Following this statement, traders add dozens of technical indicators to their charts. The chart becomes not readable and messy. The trader gets lost and makes wrong trading decisions. Instead, add 1-2 indicators to your chart. That will be enough for you to make correct judgments. Do not overload your chart and try to make it clean: your task is to analyze the price action first and only then look for additional clues reading the indicators. #2️⃣ Learn what exactly the indicator shows The data derived from technical indicator must make sense to you. You must understand the logic behind its algorithm. You must know exactly what it shows to you. Confidence in your actions plays a key role in trading. During the periods of losing streaks and drawdowns, many traders drop their trading strategies. It happens because they lose their confidence. You will be able to overcome negative trading periods only by being confident in your actions. Only knowing exactly what you do, what do you rely on and why you can proceed even in dark times. #3️⃣ Use the indicators that compliment each other Many indicators are based on the same algorithms. Most of the time the only difference between them is a minor change in its input variables. For that reason, such indicators leave very similar clues. In order to improve your trading, try to rely on indicators based on absolutely different algorithms. They must complement each other, not show you the same thing. #4️⃣ Price action first! Remember that your trading strategy must be based primarily on a price action. Trend analysis and structure analysis must go first. You must know the way to make predictions relying on a naked chart. The indicators must be applied as the confirmation signals only. They must support the trading strategy but not be its core. ❗️Remember that the indicators won't do all the work for you. Indicator is just a tool in your toolbox that must be applied properly and in strict combination with other tools. Would you add some other tips in this list? ❤️Please, support this idea with like and comment!❤️
OANDA:XAUUSDEducation
by VasilyTrader
38
FOREX SPX500 GOLD OIL BITCOIN WEEKLY UPDATE SEPTEMBER 5 2021Hey Traders just wanted to give a weekly update on what I see happening in the markets this week. This is a short week because of the Stock Market closed tommorow for the Labor day holiday. But currencies and other markets are going to be moving with alot of economic reports scheduled. Also Bitcoin just established another leg up in it's new Bull market. How high are the cryptos going to go? No one knows for sure but so far it is showing alot of strength and it looks like it could test the old highs soon! Enjoy! Trade Well, Clifford
KRAKEN:ETHUSD
by TradeTheIndex
XAUUSD BullRUNOANDA:XAUUSD We are currently expecting the GOLD market to continue rising and allow us to entry the market with long position, this is depending on breaking the resistance of 1825.86 level. If the market breaks this level we are going to wait for a retest of the zone, use it as our support and entry the trade. MACD shows a continuous bullish trend. Basically there is descending channel pattern that has broken multiple times now and yesterdays break was pretty significant as the market seems to use 1774 level as a support again after 1month. Regarding this, if the market keeps bullish we are on a good way to get our profit. Entry: 1825.86 (aprox.) - if retested Let me know what u think.
OANDA:XAUUSDLong
by AzureTradingFX
XAUUSD 2HGOLD (XAU) / United States Dollar (USD) 2H Time Frame UPDATE FROM AUG12 GREEN ARROW Golds bullish trend towards 1800 is looking just as positive as predicted. Over two days its went up almost 28 pips. I think gold will reach the 1800 point before moving in a bearish direction. RED ARROW The red arrow is practically what gold will look like once it hits that 1800 point but obviously wont go down that far as shown on the chart but ill keep it there for the time being. THIS IS NOT FINANCIAL ADVICE If you like my analysis and brief please show some support by giving it a thumbs up and if you have any tips or questions about my analysis or brief feel free to leave a comment below or send me a direct message. Thanks Guys The Crypto Planet
OANDA:XAUUSD
by TheCryptoPlanet9