We are currently at a level of resistance on the weekly timeframe, I am anticipating a sell trade then a buy and finally a sell as shown on the chart above. Lets see how it goes. Your thoughts are appreciated.
The buyers seem to be quite strong, I am still in anticipation of the sell rally.
We are nearing at a major level of support where I am looking to see buyers take the lead. Let see how it goes, share your thoughts.
We are at a major level of resistance where I am looking to see sellers take the lead. Let see how it goes, share your thoughts.
We are at a major level of resistance where I am looking to see sellers take the lead. Let see how it goes, share your thoughts.
We are at a major level of resistance where I am looking to see sellers take the lead. Let see how it goes, share your thoughts.
I am looking to enter again as my last trade for the day. Lets see the outcome
The gold market has faked out sellers looking to enter the buy before a sell after the hitting the tp lets see how it goes.
The sellers are still in control of the market. I am expecting them to push the market to the 1748 zone before the buyers completely take charge of the market. However for the day I will be targeting 1757 zone for tp then a retracement before heading to the final tp.
I am anticipating a sell on GJ as the buyers have come to an end. Lets see how it plays out
We have seen a massive sell out in the markets today. The sellers are currently in control of the GOLD market. I have spotted a short sell on that may take place during the Asian session. Let me know what you think.
Looking forward for a bullish run on XAGUSD. The bears have hit a major zone on the Daily timeframe. Keep your eyes for an entry on the lower timeframe as the buy run has begun.
As we can see on the chart we have a chart pattern that is made up of two trend lines known as the broadening wedge. I am expecting a rejection on that zone before we see the retracement down. Let me know your thoughts.
Yesterday being a holiday, Thanksgiving in the USA there was very little liquidity in the markets as the big players mainly the banks, hedgefunds, insurance companies were closed. However we saw the bulls kicking the market during the Asian session to 1808.34. I am anticipating a short retracement to about 1791.65. The market has already picked in buyers after the...
Gold has finally ended the sell rally. I can see the rejection on the resistance zone now heading to bounce of the trendline that has been respected severally before a rise back up to fill up the void from the sell momentum. A short sell before the buys are fully collected which will also form an inverse HEAD & SHOULDER, a reversal pattern. Let me know your thoughts.
XAUUSD has been on a correction from the 16/11/2021. The bears seem to have come to an end and the bulls taking control of the market for the rest of the week. I am expecting liquidity and volume to cover the imbalance on the earlier bear move. The analysis is based on pure technical analysis. Let me know your thoughts.