EzamYusof

EzamYusof

The hourly chart of XAU/USD provides a comprehensive look into the gold market’s current dynamics, emphasizing a bearish bias. The price trajectory is contained within a descending channel delineated by a blue line, signifying a robust bearish trend with sequential lower highs—a classic bearish market structure. Notably, the chart features defined supply and...

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The chart provided shows the price action of XAUUSD on a 4H timeframe, from my perspective. The price is currently moving within a well-defined ascending channel, with the upper and lower trendlines acting as resistance and support, respectively. This channel indicates that the market has been in a bullish trend for this timeframe. However, the chart also...

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This chart shows the XAUUSD on the 1-hour timeframe and incorporates various Smart Money Concepts (SMC) elements like market structure, liquidity zones, and potential price projections. Key Observations: Market Structure: Higher Highs (HH) and Lower Highs (LH): The chart shows a series of HHs and LHs, indicating that the price is oscillating between bullish...

EzamYusof Updated 

XAUUSD Forecast Direction for August 5-9, 2024 For the week ahead, I’ve looked at the XAUUSD D1 & H4 chart and have some updates. On July 30, 2023, My predicted a change in XAUUSD TA would market structure shift from going down to going up. This forecast was confirmed when Gold make a reversal price from $2370.5 to $2473, which is a gain of 1000 pips. However,...

EzamYusof Updated 

Greetings Traders, Next Week's Technical Analysis for Gold Direction: High Time Frame (HTF) Analysis: Weekly and Daily Charts: A clear direction has been identified by observing the weekly and daily charts. Chart Pattern: Both charts show a Head and Shoulders (HNS) chart pattern that has completed and broken out of a dynamic strong support level. ...

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24/25/7/2024 XAUUSD Market Review Technical Analysis Overview: Previous Analysis Recap: Yesterday morning's signal indicated a buying opportunity. Following this, the price surged from the liquidity pool to the previous day's high, achieving a movement of 219 pips. However, during the FOMC news release at 4 AM, gold decline by 380 pips. Current Market...