Adlercon333

19:28

Adlercon333

Chart Overview Timeframe: 1-hour chart Exchange: OANDA Current Price: 2444.100 Key Levels and Zones 4HR LQZ: 2474.524 1HR LQZ: 2370.122 Support Level: 2348.660 Key Low: 2287.754 Patterns and Channels Descending Channel: The price moved within a descending channel before breaking out. Lower Highs (LH) and Lower Lows (LL) formed within this channel. Ascending...

Adlercon333

Technical Breakdown of XAUUSD Overview The chart presents the price action of Gold Spot (XAUUSD). Key technical patterns and significant support/resistance levels are highlighted to provide insights into potential price movements. Key Patterns and Levels Descending Channel: The price previously moved within a descending channel, marked by lower highs (LH) and...

19:54

Adlercon333

Technical Breakdown of XAUUSD Overview The chart presents the price action of Gold Spot (XAUUSD). Key technical patterns and significant support/resistance levels are highlighted to provide insights into potential price movements. Key Patterns and Levels Descending Channel: The price previously moved within a descending channel, marked by lower highs (LH) and...

Adlercon333

Technical Breakdown of XAUUSD Overview The chart depicts the price movement of Gold Spot (XAUUSD) against the US Dollar on the 1-hour timeframe, highlighting key technical patterns and support/resistance levels. The analysis aims to provide insights into potential price actions based on historical movements and current market conditions. Key Patterns and...

19:59

Adlercon333

Key Levels and Zones Highs and Lows: HH (Higher High) and LH (Lower High) are marked on the chart. The chart shows a recent HH and LH indicating a bullish trend with a potential pullback. Liquidity Zones (LQZ): 4HR LQZ at 2474.891: This zone might act as a significant resistance level. 4HR LQZ at 2432.126 - 2432.046: This zone was previously a resistance level...

04:49

Adlercon333

Current Trend Bull Flag Formation: The chart indicates a bull flag pattern, a bullish continuation pattern that usually occurs after a strong uptrend (flagpole). The consolidation within the flag is typically a pause before the next upward move. Trendlines: The yellow trendlines outlining the flag suggest that the price is currently testing the upper boundary of...

20:00

Adlercon333

Major Support / Resistance Zone: This zone is marked clearly on the chart and acts as a significant level where price has previously reversed or consolidated. It's crucial to monitor how price reacts around this area. Wave Analysis: The chart shows a clear Elliott Wave structure, with a 5-wave pattern identified. Waves (1) to (5) represent the motive waves, and...

Adlercon333

Major Support / Resistance Zone: This zone is marked clearly on the chart and acts as a significant level where price has previously reversed or consolidated. It's crucial to monitor how price reacts around this area. Wave Analysis: The chart shows a clear Elliott Wave structure, with a 5-wave pattern identified. Waves (1) to (5) represent the motive waves, and...

19:54

Adlercon333

Technical Breakdown Ascending Channel Formation: The price has been moving within an ascending channel, indicating a bullish trend. The upper and lower boundaries of the channel have provided resistance and support, respectively. Support/Resistance Level: A key horizontal level around 2,430 has acted as both support and resistance. This level was tested multiple...

Adlercon333

1. Daily Trendline Description: The yellow trendline running across the chart represents the overall upward trend on the daily timeframe. It shows that despite the recent fluctuations, the long-term trend has been bullish. Significance: This trendline serves as a dynamic support level. Traders often look for price action around this trendline to gauge the...

19:50

Adlercon333

1. Daily Trendline Description: The yellow trendline running across the chart represents the overall upward trend on the daily timeframe. It shows that despite the recent fluctuations, the long-term trend has been bullish. Significance: This trendline serves as a dynamic support level. Traders often look for price action around this trendline to gauge the...

Adlercon333

Chart 1: 4-Hour Timeframe Trend Analysis: The chart shows a clear upward trend, forming higher highs and higher lows. A wedge pattern is visible with converging trend lines indicating a potential breakout scenario. Key Levels: Support: Around 2348.248 (4hr LQZ). Resistance: Approximately 2412.240. Major Resistance: The upper trendline around 2480. Recent Price...

19:57

Adlercon333

Chart 1: 4-Hour Timeframe Trend Analysis: The chart shows a clear upward trend, forming higher highs and higher lows. A wedge pattern is visible with converging trend lines indicating a potential breakout scenario. Key Levels: Support: Around 2348.248 (4hr LQZ). Resistance: Approximately 2412.240. Major Resistance: The upper trendline around 2480. Recent Price...

20:00

Adlercon333

Technical Breakdown for XAUUSD Impulsive Move and Correction: The price made an impulsive move upwards, indicating strong bullish momentum initially. After reaching the peak, the price began to form a correction pattern, which typically suggests that the trend might continue in the same direction after the correction is complete. Descending Channel: Within the...

Adlercon333

Technical Breakdown of XAUUSD Correctively Reached HTF Structure: The price has reached a higher time frame (HTF) structure through a corrective movement. This structure serves as a significant resistance level observed on higher time frames. Impulsively Got Here: Following the corrective phase, the price made an impulsive move upward, indicating strong buying...

Adlercon333 Updated 

Hey Traders, welcome back to my channel! 🚀 Today, we're diving deep into the latest XAUUSD analysis, and trust me, you don't want to miss this one. With gold prices poised for a significant move, understanding these key levels could make all the difference in your trading strategy. Let's get started with the 1-hour chart (shown below). 📊 Chart 1: XAUUSD 1-Hour...

17:25

Adlercon333

Hey Traders, welcome back to my channel! 🚀 Today, we're diving deep into the latest XAUUSD analysis, and trust me, you don't want to miss this one. With gold prices poised for a significant move, understanding these key levels could make all the difference in your trading strategy. Let's get started with the 1-hour chart (shown below). 📊 Chart 1: XAUUSD 1-Hour...

20:00

Adlercon333

Key Levels: Resistance Levels: $2,480: Recent high, acting as a strong resistance level. $2,449.525: Previous high, another significant resistance level. Support Levels: $2,391.612 (4HR LQZ / TP 1): First significant support level and target point. $2,348.723 (Daily LQZ / TP 2): Second support level and target point. $2,289.000 (TP 3): Third support level and...