XAUUSD is Heavily in Downtrend and As traders we need to know the probability of Next movement in the market.
So i have Drawn all the Important Zones for you people on the chart.
All the Sell areas have marked in Grey and Red lines are showing the price.
Remember
1.Wait for the Price to reach in this area.
2.For Smaller Time Frames Look for the smaller...
Hello Swing Traders This is MuSaQForex
I don't post signals about crypto but i couldn't resist on this one.
As you can see on the Weekly Chart Shib is Moving Towards Fresh Demand Zone.
Prediction is That It is going to Pump from This Zone and Then Dump From the Resistance above.
Setup is Simple.
If You are buying ( Then Use the Demand zone ) In Futures then Set...
XAUUSD is Heading Low as Expected from 1800s and got Rejection from 1.618 and Heading Sharpley Towards 2.618 area Which is perfect Zone with Two Confirmations 1. Resistance Become Support Zone 2.Rally Base Rally (Demand Zone) on the 1 Hour Time frame.
Should XAUUSD comes to 2.618(We can Create Buy Positions) and We can see a Sharp Increase to the upper Supply Area...
XAUUSD is trying to Break the Downtrend and Trying to Hold the Critical Demand Zone.
Should XAUUSD break this barrier, We can see Gold to Go from 1800 to 1815 after a small retracement ( You can find the sell opportunity there )
Then if XAUUSD breaks this Supply zone , We can see Gold Rally From 1845 to 1878.
Happy Hunting ;)
Muhammad Usman Ali
