Our technical analysis of Gold, incorporating both price action and smart money concepts, indicates an upward trend within a parallel channel. However, caution is advised against entering trades blindly, as the metal is currently positioned mid-channel. Trading success is often attributed to 10% buying, 10% selling, and 80% patience. Therefore, we recommend...
We've identified a triangular pattern in gold's price movement, with consistent respect for established support and resistance levels. As previously forecasted when gold was at $2715, our analysis indicated a potential all-time high (ATH) around $2780, which is now within reach. Investors are advised to consider opening sell positions within the $2775-2780 range,...
(Analysis of the British Pound) The British Pound has been experiencing a decline. Our chart analysis reveals a consistent trend respecting established support and resistance zones. Currently, the trend is bearish, with a recent reversal from the resistance zone. To manage risk, we've set our stop-loss above the resistance level. Trade Strategy: We've divided our...
BTCUSD Technical Insight (H4) Market Analysis: A pivotal Bearish Order Block (CHOCH) has formed after several BOSES, decisively reversing the trend's trajectory. The Point of Interest (POI) serves as a robust resistance level, sparking instant reversals confirmed by Morning Star candle patterns. A substantial Fair Value Gap has also been identified at the...
XAUUSD Technical Insight (H4) Market Analysis: A pivotal Bearish Order Block (CHOCH) has formed after several BOSES, decisively reversing the trend's trajectory. The Point of Interest (POI) serves as a robust resistance level, sparking instant reversals confirmed by Morning Star candle patterns. A substantial Fair Value Gap has also been identified at the...
" Gold prices have surged to historic highs ahead of the US elections, fueled by geopolitical tensions in the Middle East and Ukraine. Despite this uptrend, our chart analysis reveals a clear triangle pattern, with candles oscillating within established support and resistance zones. Notably, gold reversed its downturn at 2708, suggesting a bullish trend now. Our...
high fall of gold now has been converted in consolidation momentum that has shaped inverted flag pattern so the gold will move between 2712_2725 for some time then we will see a real break down that will push the gold to 2690. Trading is 10% Buying 10% Selling and 80% waiting so be Patience and wait for the break down to enter your trades
Weekly Market Analysis: XAUUSD (Daily Chart) This week's analysis of the XAUUSD pair on the daily chart reveals several key insights. Notably, a parallel channel has formed started from August, housing strong Resistance and Support zones. Historical price action indicates a consistent respect for Resistance Zone 4 and Support Zone 3, with multiple instances of...
Technical Analysis Report: BTCUSD (H4) Summary: A technical analysis of the BTCUSD chart on the H4 timeframe reveals a significant bearish reversal pattern. Key findings include: 1. Bearish reversal pattern identified after the CHOCH appeared 2. Trend reversal from uptrend to downtrend 3. Point of Interest (POI) serving as strong resistance 4. Formation of a...
We have observed in a chart some uptrend moves with Break Of Structures after the consolidation momentum in D1 Chart Fair value gape was their in a last BOS. market has reversed from 2740 to form it's new BOS and also to retest the fair value gape Put Sell Entries UpTo 2690 then go for buy with a long hold UpTo 2760