golden trend line zone 1780 to 1880 time to being bull again ?gold price is making series of higher high and higher low on H1 time frame along yellow trend line zone
resistance 1850, 1877,
support 1780 at the time of writing
1753, 1721 and 1677
bearish on breakout of trend line
sell on retest of trend line or side way correction
support 1753, 1721, 1677
bullish as long as price is trading above yellow trend line zone
@anshitjainrotract2k17 thanks for your feedback
H1
XAUUSD (H1) Buy now
Gold dropped suddenly without any unusual news
The resistance area 1786.294-1788.097 is showing positive signals, RSI is below 30
The ability to form a Pull Back is very high
Ignore the abnormal wave from 21 to 22 o'clock on October 22,
the wave bottom area should be noted at 1776,376
Buy current price 1786-1788.1
Stop Loss: 1776,376
Take Profit 1: 1792,476
Take profit 2: 1799,045
Take Profit 3: 1806,645
Ger30 Short (H1)Nice swing into supply, nice volatility, expecting a move down to demand zone, let's see how it plays out.
TRADING IDEA --- NOT AN INVESTMENT OPPORTUNITY
NAS100 SHORT H1BREAK & RETESTPRICE IS SHOWING SIGNS OF SHORT REVERSAL TO POSSIBLE TOUCH THE TREND LINE TO THE UPSIDE.
WE NEED TO SEE PRICE BREAK STRUCTURE. CANDLE STICK CONFIRMATONS ARE BEARISH SPINNING TOPS ON H1 AND THE 15M
Time to buy the DAX ?This one rejected our support at 15000 forming something similar to an inverse head and shoulder and a double bottom so this one is overall bullish.
The price is now retesting the MA200 on H1 and the support.
Is it time to buy ? YOUR DECISION !