ForexMastered

ForexMastered

XAUUSD is currently trading at 1948.100 towards the end of last week we saw gold reach a strong resistance point where we had a harsh rejection, aided also by the strong red file news on Friday afternoon - Average Hourly Earnings m/m - Change in the price businesses pay for labor, excluding the farming industry ...

ForexMastered

We are coming to the Monthly candle closure gold is currently at 1658.770 we would like to see gold close below 1665.756 which is the wick on the month of marches candle closure, we have been in a consistent downtrend with no pullbacks for 6 months if we continue with this aggressive downside pressure we could see gold touch the 1451.294 zone by june/july 2023....

ForexMastered

Here we have XAUUSD before markets closed on Friday we had some red file news come out that shook up the markets a bit in the late afternoon, weakening the DXY and therefore strengthening XAUUSD where we caught our entry on the pullback before eventually shooting to the upside. I am expecting gold to reach between 1815 and 1821 within the first few days of market...

ForexMastered

5 and 15 minute S&R Zones have proven to be strong a reliable amongst many pairs I have backtested over the past few weeks on this graph we can see some of the highly sensitive S&R zones I am expecting our pair to keep falling upon market opening to where our buy limit will be activated we are running a 5 pip SL and a 35 pip TP leaving us with a 1:7 R/R ratio let...

ForexMastered

i can see EURCAD dropping to our bottom green zone if we manage to break through our resistance use good risk management enter once we break

ForexMastered

GBPJPY followed our analysis broke our red box proceeded to break our trend line then reached our green zone tested and broke again to see a further drop didn’t personally get in this trade let me know if you did 💸

ForexMastered

I think that we will reject from our trend line and. Then proceed to rise to our green zone set tp around our green zone use good risk management

ForexMastered

I think we could see a gap below our CMP and continue to drop to our green zone once we have tested our green zone we could then see a rise to our trend if we proceed to break our trend could see a rise to 1700 market price

ForexMastered

Here we can see our pair EURAUD forming a head and shoulders pattern

ForexMastered

i can see our pair falling to our green zone testing then if it breaks through our green box and trend line i can see it dropping to our second green zone

ForexMastered

as said in the text on the graph if we proceed to break our green box we will sell down to our red line and if we then break further we could potentially see a further drop

ForexMastered

If we break our small trend line then I can see GU being a sell however if we break our down trend I can see GU being a buy use good risk management let me know what you think

ForexMastered

We can see that so far EU is following our head and shoulders pattern therefore I’m in a sell and it’s looking good so far currently 40+✅ pips profit

ForexMastered

Posted our prediction on gold on Saturday and it’s stuck to what we thought should see a rise to our white box now then from there we will see if we can break that or if we are going to see a drawback

ForexMastered

If we get rejected by our top red line we could see a drop down to our white box if we then break our white box we could see a further drop to your support and resistance zones

ForexMastered

Depending on wether we break our white area we could see a fall down to our support and resistance from there if we proceed to break them we can see a much further fall

ForexMastered

If we can break our support and resistance I can see a rise to our white box wait for Sunday till markets reopen

ForexMastered

So depending on how the markets reopen I think we may see this kind of pattern in a down trend to our white zone we will see when we reopen