ASAMForex

ASAMForex

Based on todays market outlook, GOLD is expected to take a bullish move following the paths indicated in a chart price. This is the final move up (Fifth wave) in completion of impulsive move in a given degree. Silver and AUDUSD will have similar move but may take place at varying degrees. so, you can capitalize yourself by trading wisely on these three...

ASAMForex

Hi traders.... Here is our price projection on GOLD that we had since May 4. Nothing has changed, but we publish this again because our past two ideas were hidden due to certain reason from Trading View moderators. Now lets keep on watching thing move as at the current price is facing a strong resistance from the past days. If it will be broken successful we...

ASAMForex

Based on today's market structure in GOLD, it seems to keep on rising to certain price levels as indicated in the chart.

ASAMForex

Looking in detail on structure of silver it seems to have completed forming a triangle pattern that constitute the forth wave of the five wave structure up. Therefore it is expected that, the market will keep rising in completion of the fifth wave.

ASAMForex

In higher degrees the price has completed the upward move that seem to be the XX move, therefore we expected the longterm move down in completion of Z wave down of the bigger WXYXZ pattern.

ASAMForex

Based on our wave forecast done recently, it seems that Gold is going to rise in the final fifth wave up in a given degree. The third wave was one of the very fast move exploited effectively yesterday with us together with most of our closest followers. Keep watching market actions at this level if is not going to form combination of corrective structures.

ASAMForex

We anticipate gold to correct to a certain level down (roughly a 0.618 Fib). This is highly possible because the price has already completed five wave move up. But price is still playing at the zone (resistance), let's watch the market reaction at the zone before taking any trading decision.

ASAMForex

This is the current market projection in SILVER. We anticipate the five wave move up in the third of fifth. This is the high probability wave count despite the fact that there is fake out during completion of fifth wave of wave "C" down.

ASAMForex

We anticipate a fall in price of Gold to the areas of levels indicated in the price chart here. This is the high probability count, other alternative counts are possible to take place. We usually watch for the price action on our analysis before moving to the next alternative count.

ASAMForex

As recently GOLD (XAUUSD) was rising, we have recognized the completion of the five waves up followed by lower degree five waves down. REMEBER: Five wave move against the major trend indicates the beginning of correction, specifically ZIGZAG CORRECTION. Therefore, we expect ABC zigzag correction that later will be followed by continuation of the trend to the...

ASAMForex

Silver is expected to rise, because the current corrective structure it seems to be completed. Also price has reached the previous support. In confluence with other factors like wave counts and Fibonacci levels, it is clear that price is going to rise.

ASAMForex

Price have been falling for somehow too long and finally it has demonstrated an ending diagonal which is a clear indicator of exhaustion of the downward move.

ASAMForex

This is the most likely count expected to occur before the price begins rising.

ASAMForex

We expect to have that turn (correction) in wave number 2. Then after, there will be a very powerful move to the upside that will be in wave three. But remember in a big picture we are in wave number 3, so this will be the THIRD of THIRD.

ASAMForex

This upward move will be followed by a correction, then after there will be a continuation in upward direction that will be somewhat long.

ASAMForex

It seems like the price has completed wave five of wave "A" of the ABC correction. Expected movement is on wave "B" of the ABC, and finally wave "C" down. After all these we will resume with the upward move in the direction of the primary trend. NOTE: the overall expected trade to take comfortably is long trade.

ASAMForex

Expect the short rise to retest the broken level, then price will resume with the down move to complete an approximate equal length movement to the down side.

ASAMForex

Expect a rise in five waves up in this pair, this movement is negatively correlated with a downward move expected to take place in EURUSD similarly in GBPUSD.