Xaudusd
read the captionFriends, the condition of this currency is such that the market maker has not noticed the smell of smc rtm ict lit foton fantom (like Theta currency, which is simple and beautiful at the same time) and the logic of supply and demand advances and also turns into trading levels, definitely try to line The trend is also to buy even if it fails. Be careful and avoid sales transactions
Read the captionIt's true that I give the possibility of a return from the range, but never forget that when a very important level is broken, we often have two pullbacks, and the second pullback penetrates the level of the first pullback. Definitely look for choch in the indicated areas, the analysis will be updated if necessary, but the yellow areas are very important and from my point of view, the end of the pullback will be on them.
You can gradually think about selling.The analysis will be updatThe previous analysis is still valid and if you are in TB, don't rush and optimize your targets . Be careful, friends, when two important regions get a divorce under the title of organizational support and strong order block, the value of the region decreases. You should definitely enter the area with confirmation. Another important confirmation is the onc1 setup, which I will discuss in the next analysis.
Gold - go up, or go down?The price has reached a significant resistance, if it breaks the level, the target price is 1960, if unsuccessful, we will expect for it to head towards support at around 1865.
Next levels:
Supports: 1865; 1808; 1770
Resistances:1960; 1995; 2050
H4:
XAUDUSD retesting levelsXAUUSD retesting 1674 level.
Our targets: 1674 or 1666
GOLD still mediumterm Bullish
Targets., Supports, Resistances on chart.
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Be carefull, patient and discipline.
Good trades to All.
❗ DISCLAIMER ❗
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market.
But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. You deserve the profit and you are responsible for your potential loss.
Only you can be responsible for your trading.
Any opinions, news, research, analyses, prices, or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
This Plan can be changed anytime, depending on how the price will arrive at the level and what will be happening on my level of interest for entry. Then I will decide if I will enter or not.
So please don't just blindly follow this. The author of the analysis does not accept liability for any loss or damage.
Legal Risk Disclosure
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite.
The possibility that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
The FX market is a quickly changing environment and it requires full focus on the levels for the precise entry with low risk.
XAUUSD SHORT-TERM BUY(INTRA DAY DRILL)XAUUSD has been dropping targeting sell stops as of our weekly bias but still gives short-term opportunities for buyers on the market before a rebound of price towards the sell stops since price is has to neutralize its efficiencies to the upwards IMB so as SELLERS could attain good momentum to the downward
✅BUY Opportunity: GOLD (XAUUSD)Gold finally broke and closed above a resistance of a horizontal trading range
where the market was stuck for 1 month.
It is a very strong bullish clue and I believe that soon the market will reach 2000 level
with a potential continuation to the ATH.
Because the market looks quite overbought be prepared for an occasional retest.
❤️Please, support this idea with like and comment!❤️
XAUUSD > A Possible Big Head and Shoulders Pattern!Analysis of #XAUUSD
A possible big head and shoulders pattern may break its neckline resistance level soon especially since now everything points to the FED raising the interest rate by 50 basis points next meeting
Trading Plan:
>> If the GOLD breakout to the downside and closes below its neckline support and below 1900 that will open the door to going 1850 and maybe more to 1800 as well, if we do break below support I will then look for a selling opportunity if the rules for entry are met.
⚡ Be aware due to the global tension we currently live In, markets are not following or respecting chart patterns and technical analysis.
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