MrKTechnicalLevels

MrKTechnicalLevels

#XAUUSD Higher Time Frame Analysis Gold is currently showing strong bullish momentum, driven by both fundamental and technical factors. ### Fundamental Insight: Natural calamities like wildfires in California (L.A), earthquakes, and tsunamis often push investors toward safe-haven commodities such as gold, US oil, and platinum. This increased demand leads...

MrKTechnicalLevels

📈 As Expected: 🔹 The price effortlessly reached the 2705-2714 zone after sustaining above the 2690-2692 area—just as anticipated. 🎯🔥 📍 Current Market Situation: 🔹 This zone acts as a strong supply area, and there are chances of a reversal from this level. 🔹 However, if the price breaks through this sell zone and sustains above 2721, we could see another 150+ pips...

MrKTechnicalLevels Updated 

#BTCUSD #H4 Analysis 🚀 📉 Bitcoin is currently forming a bullish Flag/Traingle pattern on the #H4 timeframe, hinting at potential upward momentum. 📈 🔻 Bearish Scenario: However, a bearish #H4 candle close below 86500 could signal weakness and open the door for a drop towards the 81500 level. 📉 Keep an eye on key levels and trade cautiously! 🎯

MrKTechnicalLevels Updated 

#US30 #H4 Higher Timeframe Analysis 📉 Current Scenario The price is witnessing strong profit booking. Here's what we’re eyeing: Key Level: We want the price to create a new low, taking out liquidity below 43313 (previous high & resistance). This is where many stop losses are likely placed. The Plan: After liquidity grab, we’ll wait for an #H4 candle to close...

MrKTechnicalLevels

#US30 #H4 Higher Timeframe Analysis 📉 Current Scenario The price is witnessing strong profit booking. Here's what we’re eyeing: Key Level: We want the price to create a new low, taking out liquidity below 43313 (previous high & resistance). This is where many stop losses are likely placed. The Plan: After liquidity grab, we’ll wait for an #H4 candle to close...

MrKTechnicalLevels

#CrudeOil #USOil Higher Time Frame #H4 Analysis 🛢️📉 Currently, #USOil is under significant selling pressure, with prices likely heading towards the 65-63.50 zone. This area is critical, as it previously acted as a strong support during past crises, pushing prices higher. 🔄 🔹 Bullish Scenario: If prices tap into this zone and show a quick rejection, we’ll look...

MrKTechnicalLevels

#BTCUSD #H4 Analysis 🚀 📉 Bitcoin is currently forming a bullish Flag/Traingle pattern on the #H4 timeframe, hinting at potential upward momentum. 📈 🔻 Bearish Scenario: However, a bearish #H4 candle close below 86500 could signal weakness and open the door for a drop towards the 81500 level. 📉 Keep an eye on key levels and trade cautiously! 🎯

MrKTechnicalLevels

#XAUUSD #H4 Analysis 📊✨ In our previous analysis, we identified the 2578-80 zone as a crucial resistance area, with a #H4 candle close above this level signaling further recovery. However, gold has faced strong rejection from this area three times, indicating bearish pressure. 🔻 🔹 Bearish Outlook: A fully bearish #H4 candle close below 2554 will confirm further...

MrKTechnicalLevels

#XAGUSD #Silver #H4 Higher Time Frame Analysis 🌟📊 Our outlook for Silver remains consistent with our previously shared analysis. Here’s the breakdown: 🔻 Bearish Scenario: In the last session, Silver closed below the specified levels but failed to form a fully bearish #H4 candle, showing rejection instead. ⚠️ Since we avoid bearish candles with rejection for...

MrKTechnicalLevels Updated 

#XAUUSD #H4 Higher Time Frame Analysis 🚨 📊 Current Outlook: Right now, all eyes are on the upcoming #NFP data to determine the market's direction. Based on my analysis of the #DXY (Dollar Index), if it closes strong today, we could see a further dollar upmove, pushing gold lower. 📉 Bias: I’m currently leaning towards the sell side. Why? The price has built up...

MrKTechnicalLevels Updated 

#USDJPY #H4 Update 💹 After tapping into our suggested zone, price has made a strong recovery of over 150 pips! 🚀 🔍 What I'm anticipating next: There’s a chance price could revisit the same demand zone again. If we see rejection from this area (148.90-148.35), it could present another great opportunity to re-enter for a buy. However, keep in mind that this zone...

MrKTechnicalLevels

#DXY Dollar Index 💵📉 My analysis ties directly to the movement of the dollar. The dollar found solid support at 100.20 and has since made an impressive recovery in the form of a retracement. The current levels of 102.60-103 represent a strong rejection zone, and I’m anticipating a significant rejection from this area. If the dollar faces resistance here, we could...

MrKTechnicalLevels Updated 

🚨 #XAUUSD Higher Time Frame Analysis 🚨 📊 #H4 Update: In our previous analysis, we clearly anticipated that a bearish #H4 close below 2651 would lead to a 200-pip drop. The price followed our prediction perfectly, hitting a low of 2623. 🔄 Now, the price is facing strong rejection from our marked demand zone. However, if the #H4 candle closes bearish below 2622,...

MrKTechnicalLevels Updated 

As anticipated, after the bullish H1 candle close above 2513, gold made an impressive 400+ pips move, surpassing our original target of 2544! 🎯 Our take profit was around 2535, but gold exceeded expectations with a strong rally. That’s why we prioritize quality trades over quantity for bigger gains. Hope you enjoyed the ride! 🚀 🔍 What's Next? Gold is facing...

MrKTechnicalLevels Updated 

📊 #XAUUSD #H1 Analysis 📊 💡 Liquidity Grab in Play 💡 Price has swept liquidity below 2470, but there's still more to grab. Once price breaks 2523.30 with a bullish H1 candle close, we could see a 200+ pip rally to 2544 (Fibonacci extension). 🚀 🔑 Key Trade Setup 🔑 Buy above 2523.30, with a 130-150 pip SL, targeting 200+ pips. 🎯 ⚠️ Resistance Alert ⚠️ Multiple...

MrKTechnicalLevels Updated 

NFP Trading Opportunity: High-Risk, High-Reward! For those who thrive on high-stakes trades, the upcoming NFP report presents a compelling setup. This is a #H1 Buy setup with significant potential, but it comes with higher risks due to the NFP data release. Aggressive Traders: 📈 You might consider jumping into this setup with the expectation of substantial...

MrKTechnicalLevels Updated 

#XAUUSD Analysis: 4-Hour Higher Time Frame Chart 📊 Key Support Level: 2493 The 2493 level has proven to be a strong support zone, holding off the gold price decline 2-3 times. Bullish Outlook: As long as gold maintains support at this level, we remain bullish. 🛑 Bearish Trigger: A 4-hour bearish candle closing below 2493 could signal a potential sell-off towards...

MrKTechnicalLevels

#XAUUSD H4 Analysis The #H4 bullish candle failed to close above 2427.20 🔼 . We had highlighted the area below 2527.20 as a key Resistance & Supply Zone 🟠. However, the price struggled to break and sustain above 2527.20 ❌, facing solid rejections 3-4 times (as marked on the chart). Now, the price is forming Trendline Liquidity 📉. If #H4 closes bearish below...