Gold seems to be falling again! The price broke the trend line and fell to critical support. Lips crossed the jaw on the Alligator and in case of a fall below the fractal you can sell.
#TradeIdea
We consider selling XAUUSD ONLY if it consolidates below 2885 and the fractal;
Target: 2850;
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EURUSD is still in between Bos and Choch. it sweeped the Bos LQ: and again it came into Pdarray near choch level and shows rejection.
Now it seems like it may be break the choch level then the trend will be changed and we will be looking for short position.
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Dont forget that an unmitigated order block remain to fill along with an unsweeped Eq:lows (liquidity pool) rests below..
take a look on that once that liquidity is sweeped and price comes in that OB then we can look for a long targets in buy trade
GBPUSD currently moving in a range between strong supply and demand zone (1.26200 to 1.26730).We can go for high probability setup after break of zone.
Now see if we go to resistance area(1.26738 to 1.26910). in that zone if we see rejection then wo go for sell till our demand zone (1.26200). And if we break the supply zone then we can go for long on retesting...
GBPUSD currently moving in a range between strong supply and demand zone (1.26200 to 1.26730). we can go for high probability setup after break of zone.
Now see if it goes to break the resistance area (1.26730 to 1.26910) then we can go for buy trade on retesting and market structure shift. our next target will be (1.27280) and above liquidity.
And if it goes...
As our recent xauusd analysis done and gold done an extreme pdarrays in an dealing range, after getting that enternal liquidity gold now move towards external liquidity and its direction, the daily bias of gold is bullish, it will grab that equal liquidity that are also aa liquidity point on htf (weekly timeframe ) near 2952 to 2958.
as now we catch a buy trade...
Eurusd is in uptrend, forming HHs and HLs and we took the trade from htf pdarry, and now towards our tps..
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OANDA:XAUUSD Technical Analysis Summary
The gold chart on the 4-hour time frame reveals a crucial price range between $2940 and $2945. Above this range, a strong supply zone is identified between $2952 and $2960, where sellers are expected to intervene. Conversely, a strong demand zone with an Imbalance of Fair Value Gap (IFVG) is present between $2920 and...
