trend line- 4h from is respective 3 time and assume that it will also respect this time . I am bearish looking to sell from decision zone
Gold Started showing bearish movement from this month but on 1Hr its has show double top and trend breakup but still waiting for some momentum to shift as per my analysis and previous data on NFP. I am bearish on gold but still sentiment on gold are bullish. Be careful when you trade don't use huge lots.
As my last analysis gold is breakout from the respected area. so we are looking to short till 1950 zone. but still market sentiment are bullish. please trade carefully
Looking for breakout for sell or buy till then just watch the market. please dont rush for entries, be carefull with this market
For me I am bearish at its currently strong resistance but please watch out gold may be shoot up. we need confirmation before enter possible candle pattern. if u take sell please take stop loss 1890
Today is NFP and currently gold in rising channel. Gold will fall to the demand zone and we can see rise. hope you like the analysis i just use simple chart to explain.
gold is in the zone area where it can push up toward 1833 but intraday its bearish so if it break out from this zone we can see target 1814 or 1805.
Analysis on daily trend line and doji candle on daily so gold will be bullish and it will go to 1828-1833 the resistance.
Gold has 2 scenario if trend line broke then we can see 1760 or if it continue then it can go back to 1802-1817 but still gold is bearish in daily perspective and bullish on monthly perspective. my idea on gold is that gold will go up to 1802 then it will come down. but still to open buy we need confirmation on intraday market.
from previous analysis god come down to strong support area from this zone gold will go up then we will look to sell
after a powerful bull in last few week gold need correction but due to news gold now looking bearish in my last analysis i think gold need to correction but it broke 1833 and come again to support 1800-1793 if it broke we are going to look 1760. note gold is still bullish in weekly and monthly perspective
Gold may retrace to .382 fib retracement and it also broke the trend line so my perception on the bases fib retracement and trend line broke.
if gold break out above then gold will be bullish and if breakout the trendline then bearish. this analysis is only for intraday.
gold currently in a bullish trend and already making a w pattern on daily now their will be retracement to fib lvl 0.382 and that zone is also a stromg support zone and demand zone we can long buy from that zone
Gold currently in a bullish trend as we can see in 1h chart from technical analysis gold currently reaching a strong support zone 1830-1834. as this zone we can short gold up to trend line of 1h chart or to support zone but we need check the price action and rejection on this zone with confirmation we can enter with stoploss 1840-1840. this just an idea sharing...
gold is currently bullish and left the bearish flag area weekly and monthly currently bullish as intraday is looking at 1830-1834 from that zone we can short. in other perspectiv if gold reach to support zone then we are looking price action to buy long 1850 and stoploss to 1855
we can open the short trade target to 1828