Forex-gold
XAUUSD - Short at Supply zone - 15m
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Golden Trading Rules:
Risk Only What You Can Afford to Lose
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I'll be happy to read your opinion and ideas
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Have a profitable day
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GOLD what to doHello Traders!
As we predicted, XAUUSD fell to the support zone at the level of 1448 and began to grow.
The price has reached the resistance line and
now it’s better to wait for a better entry point.
If the price drops to a strong support line, we buy from this line to the resistance line at about 1466.
If the price starts to rise, then we sell from the level of 1480 to the level of 1458.
Do you really understand what determines the price of bitcoinThe value of a crypto asset is not determined by the complexity of its code or hype but from the chain of the network, it creates. In the process of tracking the overall health of the cryptocurrency market, we analyze all the factors both internal and external in a detailed manner, of course, technical analysis plays a part mainly for the entry and exit area. The price of a crypto asset also related to surge in Google searches, the number of wallets, or the hash rate. In the next post, we would give you our detailed analysis using all the factors mentioned in the post.
We Love Bitcoin and some quality crypto assets, one of them is NEO-We's long term bullish on BTC and we reiterate some longer-term price targets and we have personally allocated around $15000 to quality crypto assets but that doesn't mean we hate the shiny yellow metal instead they both hold the largest allocation in our portfolio including silver of course
GOLD Bearish Harmonic Bat completed with an Ascending TriangleThe Harmonic Bat Pattern which was developing (look at the related post) completed at: 1517.82
Trendlines reveal an Ascending Triangle.
Prior to the pattern we see a significant uptrend, in that case the Ascending Triangle indicates that the uptrend trend is more likely to continue.
Profit target for this pattern is 1568.18
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XAUUSD - Short at supply - 15mHey, Gold is going to hit supply zone at 15m chart that just has been created above the current price
so we can sell short there
Notice the big drop from the supply zone, that tells us there is an imbalance between supply and demand in that price level
and supply obviously exceeds demand in that price level
________________________________________________________________________________________
Golden Trading Rules:
Consistency is Confidence
________________________________________________________________________________________
I'll be happy to read your opinion and ideas
if you like the idea, please give it a like for support, thanks
Have a profitable day
Telegram Channel: t.me
Telegram Group (More than 500 Reputation Only): t.me
USDJPY: LONG TOWARDS 108.25 [1H]USDJPY: LONG 107.50 / 107.25 R25
> HOLDING BELOW CEILING LEVEL 108.50
> FOCUS ON USD CONTINUED STRENGTH, JPY WEAKNESS
> AIR CURRENTS SUPPORTING HIGHER MOVES
> VERTICAL SPEED NEEDS TO DROP AND THEN INCREASE TOWARDS 107.50
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