XAUUSD GOLD NEXT MOVE 26 AUGUSTXAU / USD ( Gold / U.S Dollar ) Technical Analysis Chart Update
Time Frame - M30
In Long Time #LTF it is following Bearish Channel and Following Bearish Channel and Rejecting the Bearish Trend
In Shorter Time Frame according to Elliot wave it has completed its Impulsive waves and correction as well Now it will again Follow Impulsive wave
It is currently Standing at Demand Zone ( 1743 - 1745 ) if it rejects from these area and Lower Trend Line #LTL with strong Bullish Price Action it will Follow Buy Trend Trend
Trend-trade
XAG/USD - Silver Next Move 25 - AugustXAG / USD ( Silver / U.S Dollar ) Technical Analysis Chart Update
Time Frame - M30
According to the Pattern it is Following the RISING WEDGE and its rejecing from the Lower Trend Line #LTL
Another reason for Sell is ELLIOT WAVE it has completed the Impulsive waves and Making its " B " corrective wave after that it will follow Sell trend to complete its " C " corrective wave and its possible that it will reject from the Fibonacci level 78.60%
If it rejects with the Strong Bearish Price Action it will be Good for Sell
XAUUSD - Gold Next Possible MovementXAU / USD ( Gold / U.S Dollar ) Technical Analysis Chart Update
Time Frame - H1
Lets First Look at the Pattern in Short Time Frame #STF - H1 we have Bearish Channel and the Gold is Following Strongly the Upper Trend Line #UTL and it has breakout it and making its Retracement
Another Thing we have it was following the Lower Low and Lower High #LL-LH Pattern and it has rejected this Trend with the Strong Bullish Price Action
After Retest it will again Follow #BUY TREND
XAU/USD - Gold Next Possible MovementXAU / USD ( Gold / U.S Dollar ) Technical Analysis Chart Update
Time Frame - H1
According to Short Time Frame #STF it is currently standing at the Good Level possible that it can Reject and Follow Buy Trend
We have Bearish Channel situation as well in Short Time Frame #STF
It is at Fibonacci Level - 38.20% and Rejecting if it rejects then it is Long Term Buy
According to Long Time Frame #LTF it is following #Elliot_Waves and Completed its Impuslive waves and making Corrective wave "C" from the Good Level and Fibonacci Level as well
If it breaks the Upper Trend Line #UTL and Retest then Buy
NZD/CAD Next Possible MoveNZD / CAD ( New Zealand Dollar / Canadian Dollar ) Technical Analysis Chart Update
Time Frame - H4
According to the Long Time Frame #LTF
Daily - It is in Bearish Channel Pattern and in Corrective Pattern it will Follow Sell Till its Lower Trend Line #LTL
H-4 - It is Following Bullish Channel and Completed the Breakout and Retest and Started Rejecting with Strong Bearish Price Action
According to the Short Time Frame #STF
It has break the Demand zone and completed its Break of Structure Retracement
USD / JPY Next Possible MovementUSD / JPY ( U.S Dollar / Japanese Yen ) Technical Analysis Chart Update
Time Frame - H4
According to Pattern it is Following #Bullish_Channel and rejecting from the Upper Trend Line #UTL
In Long Time Frame #LTF we have Impulse correction and it has completed the Corrective " ABC " waves now it follow sell Trend to complete its Impulsive waves Again
It is Rejecting from the Previous Resistance Level and Fibonacci Level - 78.60%
CHF/JPY Next Possible MovementCHF / JPY ( Swiss Franc / Japanese Yen ) Technical Analysis Chart Update
Time Frame - H2
According to the Long Time Frame #LTF it is following the Expanding Diagonal and It has #Breakout the Upper Trend Line #UTL and Retested
In #LTF it is also following the Impulse Correction Impulse as well as in Short Time Frame #STF it has completed its " ABC " corrective wave and Following Impulsive Wave
In Short Time Frame #STF it is Following Bullish Channel it is possible that it will Reject from the Upper Trend Line #UTL and Daily Resistance Level and then Follow Sell Trend according to this Pattern
Buy After it breaks the Daily Resistance Level and Retest
Sell After Strong Bearish Price Action
DXY - Dollar Weekly ForecsatDXY - Dollar Technical Analysis Chart Update
Time Frame - H4
According to pattern its is following #Bullish Channel in Long Time Frame #LTF and Rising Wedge in Short Time Frame #STF
It has breakout and retested at #Fibonacci Level - 78.60% according to Long Time Frame #LTF
It is Currently standing at Previous Resistance Level Following CHOCH and Break of Structure #BOS
It can follow Sell Trend After Strong Bearish #Priceaction
XAUUSD - Gold Next Possible MoveXAU/USD ( Gold / U.S Dollar ) Technical Analysis Chart Update
Time Frame - M30
According to Elliot Waves Theory it has completed its " 4th " Impulsive wave and it will complete its "5th" wave at the Lower Trend Line #LTL and #Support Level - 1839 if it breaks this level then from 1822
According to Pattern it is Following #Falling_Wedge we need strong Rejection from Lower Trend Line #LTL to enter in #Buy
XAUUSD - Gold Technical Analysis Chart XAU/USD ( Gold / U.S Dollar ) Technical Analysis Chart Update
Time Frame - M45
According to the Pattern in Short Time Frame #STF ( #Bullish Channel ) it failed to Break the Strong Resistance Level #1798-9
According to Elliot waves it has completed the Impulsive #12345 waves and its now Following Corrective wave #ABCDE it will follow Sell Trend to complete its " E " wave
If it Breaks the Lower Trend Line #LTL and Retest it will follow More Sell
XAUUSD GOLD Next Possible MovementXAU/USD ( Gold / U.S Dollar ) Technical Analysis Chart Update
Time Frame - M30
Market is Currently Following Elliot Waves in Short Time Frame - STF & Long Time Frame LTF as well
In Long Time Frame it has Completed its 5th Wave now it head towards '' A '' corrective wave
In short Time Frame it has completed '' B '' Corrective wave and now it will follow Sell Trend to Complete its '' c '' Wave
According to Pattern it has completed its Retest we need Strong Rejection for Sell
XAUUSD GOLD Next Possible Movement XAU/USD - GOLD/U.S Dollar Technical Analysis Chart Update
Time Frame - M30
According to Pattern - Rising Wedge it is Rejecting from the Upper Trend Line - UTL
According to Pattern - Bullish Channel it has Breakout and Retested the Lower Trend Line
According to Pattern - Falling Wedge if it breaks the Upper Trend Line - UTL and Retest then we can enter in short term buy till Fibonacci Level - 61.80/78.60%
Its possible that it will Fall from the Strong Level 1794-6
We need strong Bearish Rejection
XAUUSD GOLD Next Possible MovementXAU ( Gold ) / USD ( U.S Dollar ) Technical Analysis Chart Update
Time Frame - H4
According to Long Time Frame it is Following Bullish Channel and it is Rejecting from the Good Resistance Level and Demand Zone
In Short Time Frame it Also Following Double Top Pattern
If it Reject this Level it follow Sell till 1769 at least
GBPCAD BREAK OR BOUNCE?Pair: GBPCAD
Timeframe: 4H
Analysis: Round number level, trend line, volume profile, resistance break, trend channel
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Key Takeaway: We need to see break or bounce from trend channel along with other key levels
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Level needed: Need to see price hit —
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Trade: Neutral
RISK:REWARD —
SL: —
TP: —
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