MULTIDIMENSIONALTRADER

MULTIDIMENSIONALTRADER

If you find our analysis and ideas helpful: Please follow Hit the like button Share your thoughts and leave a comment. Thank you for your support🙏🙏🙏 Trade Safe and manage your risk. Everything we share is not financial advice.

MULTIDIMENSIONALTRADER

Gold is moving in a descending channel on the H4 Chart. We have marked out the levels to watch to indicate the direction which direction price is likely to go. Our bias is still bearish until we see a shift In market structure. A new Higher High will indicate price wanting to go higher If you find our analysis and ideas helpful: Please follow Hit the like...

MULTIDIMENSIONALTRADER

In our previous post, we highlighted the yellow box area where we expected Gold to find support and indicated that price is at a discount level. This week we are expecting the price to retrace to around the 1827-1850 Zone. The first level we will be observing is 1803 - 1815 Zone as this can be an area gold of resistance, and if Gold intends to drop lower, it is...

MULTIDIMENSIONALTRADER

Gold has done a significant pullback in the last few days which was expected this time of the year. In our previous post, we mentioned “We are bullish on Gold on the higher time frames with the expectation of price going higher however we are expecting seasonal pullbacks to as low as 1780.” We are now observing where Gold will find support. Currently, the...

MULTIDIMENSIONALTRADER

Please review our Weekly and H4 Chart analysis. When the H1 Chart we have highlighted both Long and Short opportunities. If you find our analysis and ideas helpful: Please follow Hit the like button Share your thoughts and leave a comment. Thank you for your support🙏🙏🙏 Trade Safe and manage your risk. Everything we share is not financial advice.

MULTIDIMENSIONALTRADER

Here is the H4 chart with the weekly levels overlayed. Please review our weekly chart analysis for further details. As we mentioned on the weekly analysis our bias is bullish longer-term with the view of a retracement possibly even down to 1780 levels which we believe would be the optimal area to buy for the seasonal push up which could take us into...

MULTIDIMENSIONALTRADER

XAUUSD Weekly Chart Analysis Gold has broken out of a pennant formation Last week Gold closed with a bearish candle. This Candle could be just a minor retracement before a continuation of the bullish momentum or this could form a swing high on the weekly chart. This coming week should provide us with further clues to what Gold is likely to do in the coming...

MULTIDIMENSIONALTRADER

It looks like a Lower High has been created on the H4 chart. Watch the red trend line. H4 candle close above will indicate gold is likely to go higher to the 1880 zone. Our expectation is for the price to drop lower towards the 1837-1830 zone. However, this will be negated if the new lower high is taken out.

MULTIDIMENSIONALTRADER

AUDNZD is moving in a descending channel and we can see the price going lower to test the bottom of the channel. If you find our analysis and ideas helpful: Please follow Hit the like button Share your thoughts and leave a comment. Thank you for your support🙏🙏🙏 Trade Safe and manage your risk. Everything we share is not financial advice.

MULTIDIMENSIONALTRADER

GBPUSD has been moving in a descending channel. We have now bounced off the bottom of the channel and have also broken out of a descending wedge. We should see a retracement opening up a short term buy opportunity. If you find our analysis and ideas helpful: Please follow Hit the like button Share your thoughts and leave a comment. Thank you for your...

MULTIDIMENSIONALTRADER

Looking to take a short from 1865 zone targeting 1837-1830 Then looking to take a long from 1830Zone to targeting 1900. If you find our analysis and ideas helpful: Please follow Hit the like button Share your thoughts and leave a comment. Thank you for your support🙏🙏🙏 Trade Safe and manage your risk. Everything we share is not financial advice.

MULTIDIMENSIONALTRADER

XAUUSD broken below ascending trendline, Expecting Gold to reach 1837-30.

MULTIDIMENSIONALTRADER

Gold is at a strong resistance level. Expecting a break below trendline and test of 1830.00 This is a high risk short term setup as Gold could phush up further before droping.

MULTIDIMENSIONALTRADER Updated 

Weekly Chart: We can see that Gold has broken and closed above an important descending trend line and above EMA50 indicating that we could be at the start of a bullish move. However, the price is still within a range( Red Box). EMA 50 is also flat moving sideways. Daily Chart: Price is currently at the top of Keltner Channels, hitting a bearish order block....

MULTIDIMENSIONALTRADER

Gold has finally broken above the long-term Ascending trendline and now look to be reaching for higher liquidity pools. We will be looking for long positions upon a retest of 1830 Zone and the trend-line which should now act as support.

MULTIDIMENSIONALTRADER

On our analysis back on October 2nd, we highlighted the internal and external ranges Gold is moving within. We also highlighted that if the trend line was broken Gold is likely to go for Liquidity above the Internal Zone at It's possible that gold could get rejected at the blue trend line and move sideways. We have highlighted the area we will not be trading...

MULTIDIMENSIONALTRADER

NZDJPY is moving up in an ascending channel. Price has currently hit resistance and is moving sideways. We already have one position running and we are looking to add another position on the retracement.

MULTIDIMENSIONALTRADER

USDJPY is moving up in an ascending channel. Price has currently hit resistance and is moving sideways. With another US $1.75 trillion infrastructure bill passed, this could cause dollar weakness leading to USDJPY retracing.