Gold Price Analysis: Bearish Outlook and Target of 2454 Overview: Gold has been showing a clear bearish trend since late last week, signaling more downside ahead. Here’s a breakdown of the current market structure and why I’m eyeing a move down to 2454. Gold has been forming lower highs and lower lows, a typical sign of a bearish market. Buyers have struggled...
Looking for a strong push to the upside as we head to NY session . - My area of interest is the next Hourly Order Block round about 1968.54 which will my Major TP and looking for new highs before the year ends . NB:-Gold moves zone to zone through momentum and liquidity - observe NY -M15 view * I'll be back with an update ....
-Looking for short opportunities Today throughout NY session . -Keeping in mind NON farm payroll news and Unemployment rate decision Today on NY open . * looking for short positions to 2001 and 1995 .
-Aussie Dollar made a new low since beginning of the year breaking out our 4 hour support and currently retesting this zone forming a new LL . -Looking for a solid confirmation on the hourly as we approach NY session . *My main entry was on my major AOI but with the market consolidating for a very long time I manually closed my trades from my previous setup...
4 hour OB being approached and this is considered an instituional level where we can look for reversal confirmation to the downside . -Overall Aussie Dollar is in a downtrend - We will wait for a confirmation on the smaller time frame and see if levels are being respected
Gold is currently creating a break and retest BULLISH confirmation to the upside - atleast 1982 . * Gold moves from zone to zone and it respects major key levels
Anticipating a rebound on the USD index and overall value of the dollar // Take note of the market structure and understand !
Anticipating a rebound around 1.24022 for a100-300 move to the downside at fib level in between 0,236 / 0,381 .
4 hour Order block is being respected. Mid - Week Reversal Anticipated
With the fundamental aspects and technical confirmation of a resistance . We will see USDindex push USDJPY to 114.311
Daily Order Block has been cleared with the previous week's movement . Support Level on Daily shows potential push to the upside . NB : The dotted lines are stop levels ; Do not buy below the dotted lines ; Noting the support and resistance level on to to zone *(Fundamental speculation) > Investors investing more on metals during Festive season compared to...
Anticipating a push up to the Daily Order Block on the upside . Zone to zone ///
Previous daily candle is showing a good confirmation for short positions . I will wait for the market to give me a confirmation around 1,32634 which is an area of resistance . If the market break my main resistance trendline , sell setup will be invalid . My target should reach within 2 days of swing trading and my overall target is 160 pips . Risk to reward ration 1:4
Daily Order Block has been respected . The Pound is showing weakness momentum against the Usdollar. Zone to Zone
Heavy melt down when the 4hour , 8 hour Order block is respected . Otherwise respect the levels. - Sell levels 1784,76 NB : Non Farm Payroll will heavily affect
Daily Order Block has been respected . Paying attention to usdollar - non farm payroll week