There has been a lot of speculations on XAUUSD lately, i felt a little patient will clarify the next movement. Price earlier today formed a Double Bottom in which the Impulse broke Trend line to the opposite side. My speculation is that Price will Pullback to Mitigate the OB below. Then our Target should be 1780.00. My Opinion. Winks!
XAUUSD has been trending down since last week wednesday! Around 1755.00 they was a BOS which price has been trying to Mitigate lately at 1760.00. Before continuing it's SHORT movement to 1720.00. My opinion. Winks!
Xauusd price as at yesterday caused a CHOCH to the downside. I feel Xauusd is pulling back to fill the impulse movement, then fall to the demand below around 1734.000.My opinion. Wink!
Happy new week guys. This is what i think on XAUUSD. After the NFP impact which forced price down causing CHOCH. Now we wait to see if price retraces to fill the impulse movement, thereby executing our trade. Goodluck Kings!
XAUUSD Corresponding to the previous Weekly Analysis. We anticipate a Short Signal at 1800 as XAUUSD could potentially fall to 1700 and beyond.
EURUSD 4H CHART is making a Pull back, sweeping all the liquidity ($) to fill up the Imbalance it left behind while Declining to 1.00000 and beyond. We wait patiently as price makes it's way to our Supply Area, then we can scale down to a much lower timeframe to refine our Short Signal for entry. Also pay attention to fundamental news coming up tomorrow Wednesday...
XAUUSD Weekly Chart is almost approaching 1700. Where we had a strong Demand Zone. Price may be Bullish next week trying to make a pull back movement to 1800 before finally breaking through, causing a Bearish movement to 1500. Price could just breakthrough straight to 1500 without a pull back, we should be aware of how probable this can be. It will be advisable to...
XAUUSD fell for the CPI yesterday which forced price down sweeping the LIQUIDITY($) below. Price later pushed back up to grab the remaining upside ($) causing a CHOCH. Our POI was taken from the 15M OB that caused the impluse movement, as we wait on price to play out.
On the EURUSD Chart after being affected by the CPI yesterday, price pushed to the upside causing a CHOCH. Our OB was taken from the 14M timeframe, as we patiently on price to play out.
Price caused an impluse movement to the upside signaling a CHOCH. Our OB was taken from the 15M timeframe, as we wait for price to play out.