XAUUSD 1H SELL PROJECTION Reason for Bearish
Trading XAUUSD pair is popular among gold traders who seek opportunities in the fluctuations of gold prices relative to the dollar. This trading pair is influenced by factors such as supply and demand, economic data, geopolitical events, and central bank policies.
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AUDUSD:BREAKOUT RISING WEDGE, WILL IT CONTINUE ITS BEARISH MOVEHello Fellow Traders, here's your free outlook for AUDUSD! Don't forget to smash the LIKES, COMMENT, and FOLLOW button to support the channel :)
AUDUSD broke out of the rising wedge pattern. Breakout of rising wedge pattern indicates the possibility of bearish movement. The momentum indicator is crossing down toward the zero area, it signify the potential downward movement to the target area.
The roadmap will be invalid after exceeding the support/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the forex pairs.
GOLD SELL TRADE SETUP FOR INTRADAY.GOLD SELL TRADE SETUP FOR INTRADAY.
Please manage your risk. Use Stop loss. And do not take blind entries.
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This is just an idea. What we see.
The Market can go in the opposite direction, what we analyze. So we have to manage our risk and adopt the situation accordingly.
Look for bullis position on XAUUSDwww.tradingview.com
Hi traders,
The XAUUSD is a correcting phase where we look for short positions trying to take profit at the 32.8% of the retracement. At that value is recomended to start looking to bullish signals. In the other case we look for the 78.6% of the retracement to enter at the market with long positions. The anlisys is clear, the only thing we have to do is to wait for the perfect entrance to the market, but remenber, look for the bullish signal in the 32.8% and the 78.6% of the retracement. If you calculate the extensions of the older waves the market is very bullish in the midle and long term.