Tecnicalanalysis
🔥 XAU/USD - More Fall Ahead ? (READ THE CAPTION)By analyzing the gold in the 4-hour time frame, we can see that, as I said, I was monitoring the range of $2034 to $2042 for the SELL position and gold faced a strong growth to $2038 and by entering this supply range it faced heavy selling pressure. and is currently trading in the range of $2033 ! Note that this analysis in the 4-hour time frame is complementary to the previous analysis that was in the daily time frame! All the assumptions of the previous analysis are still valid (Make Sure to Read the previous analysis) ! I hope you have used the most of it!
The Previous Analysis Caption was : (Daily TF)
As you can see, yesterday the price of gold fell again until $2015 and after that it was able to grow up to about $2029! According to my opinion, gold is far from very attractive ranges for trading, and for the SELL position, the best ranges are between $2034 to $2042 and $2025 to $2056! Personally, I will not have a SELL position on gold until gold reaches those limits! For the BUY position, I am monitoring the ranges of $2002 to $2007, $1997 and $1979 to $1986! I hope this analysis is useful for you!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
🔥 XAU/USD - Ready for LONG ? (READ THE CAPTION)By checking the TVC:GOLD chart, we can see that on Friday, with the announcement of the NFP statistics, gold started a heavy fall and was able to correct even up to $2028! After that, it was again accompanied by demand and started to grow, which was as expected because we had observed the important range of $2032 for possible demand! Gold finally managed to grow to 2039.750 and close at this price! Now, for the coming week, I expect that gold will continue to grow by maintaining the support of $2032! If this growth continues, its possible targets will be $2042, $2044, $2047, and $2052, respectively! (After this growth, I expect gold to fall again)
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
DONT MISS THE BUY Title: Gold Buy Opportunity: Targeting 200 Pips Move with Strategic Entry and Exit Points
Description:
📈 Trade Setup: We've identified a promising buying opportunity for Gold with a target range set between 2030-2028. Keep a close eye on the extreme level at 2024-2022, as this marks a critical demand zone.
🎯 Target Profits: Our goal is to capture a 200 pips move, and we've pinpointed a potential H4 pullback around 2048-2050 as an opportune entry point.
📉 Risk Management: To mitigate risks, it's crucial to set stop-loss levels and closely monitor price action. Discipline and adherence to your trading strategy are key.
🔍 Technical Analysis: The analysis indicates a favorable setup, aligning with potential market trends. However, always remain vigilant to market changes and adapt your strategy accordingly.
Happy Trading! 🌐📈 #Gold #TradingOpportunity #TechnicalAnalysis #RiskManagement
XAUUSD CONFIRM ANALYSISDiscover an enticing selling opportunity in GOLD as it undergoes a critical retest of a key resistance area. With market analysis, tecnical indicators, and price action as your allies, evaluate the potential downside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics
XAUUSD 100% CONFIRM ANALYSISDiscover an enticing Buying opportunity in GOLD as it undergoes a critical retest of a key support area. With market analysis, technical indicators, and price action as your allies, evaluate the potential downside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics.
AUD/CHF BEST PLACE TO SELL FROM|SHORT
Hello,Friends!
AUD/CHF pair is in the downtrend because previous week’s candle is red, while the price is evidently rising on the 2H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.569 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely.
✅LIKE AND COMMENT MY IDEAS✅
KDA/USDT-- Not a financial advice, please, do your own research --
Finally, we are observing break out of our downward resistance(Falling Wedge, reversal pattern) with some significant volume and multiple RSI divergences.
As for now, we need to await and see, how 1W candle gets closed(we still might end up with the fake break out).
I have DCAed at different price levels: 0.77$, 0.52$ and hold it for long term
If you have missed some recent KDA news and why I personally believe in project:
- ledger support
- increase of daily transactions volume(which signifies adoption)
- constant technical development
EUR/GBP BEARS ARE GAINING STRENGTH|SHORT
Hello,Friends!
EUR-GBP uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 0.860 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the EUR/GBP pair.
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GER 40 TECHNICAL ANALYSIS 11/12/2023-15/12/2023The Index is currently trading in an uptrend parallel channel, and momentum also indicate that the bulls are still in control of the market, so the interesting thing is are we going to see a pullback to level around 16500.00 level for us to get into the trade or the index will still go up.
A deep pullback to around 16000.00 will still provide good entry levels for one to get into the trade, Will wait and see what is going to happen.
Bearish Scenario for UJ After the price breaks the multiple structure, then the 150,500 area becomes an important level.
Currently the price is just trying to return towards the 0.786 Fib area. after that the price will retest the price level around 150,500 - 150,700. Once the price reaches this area, further confirmation is needed for bearish action.
BluetonaFX - EURUSD Approaching 2 Month HighHi Traders!
EURUSD is an ascending triangle and is approaching its 2-month high at 1.07694.
Price Action 📊
The price action looks bullish, with market swings showing higher highs and higher lows. The market has also been trading above the 20 EMA for over a week. We are looking for more bullish momentum for further continuation towards 1.07694.
Fundamental Analysis 📰
Traders await the Eurozone Gross Domestic Product (GDP) for the third quarter (Q3). The quarterly growth number is expected to contract by 0.1%, while the annual growth number is forecast to grow by 0.1%. If the GDP data showed weaker-than-expected results, this could cause some selling pressure on the EUR.
Support 📉
1.06651: PREVIOUS DAY'S LOW
Resistance 📈
1.07694: 2 MONTH HIGH
Risk ⚠️
No more than 2% of your capital.
Reward 💰
At least 4% of your capital.
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
✅GOLD TECHNICAL ANALYSIS|SELL 100% CONFIRMDiscover an enticing selling opportunity in GOLD as it undergoes a critical retest of a key support area. With market analysis, technical indicators, and price action as your allies, evaluate the potential downside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics.