I predict abt Gold like this.. Gold have Strong Buy pressure that mean it still didnt reach the target and keep always sideway up
Here is my outlook on gold for the upcoming week and beyond regarding swing trading: Due to the break of the main trend, the sentiment for a downtrend has emerged. With a wide price movement range, there is a possibility that the chart will move as illustrated. I hope this analysis is helpful for everyone. You can follow and support me on various social media...
This is my idea that I predict for gold path way so, I will update and keep focus abt short term to follow up this plannings.
This is my xauusd plannings and path chart next week. We need to focus on Tuesday : (Election Presidents) and Federal Fund Rate on Thrusday. So, becareful for volatility of the market
Gold previous week really crazy do ATH So, I just flash back in the DEC 2023 that do WT_ ? ATH Many ppl will focus to sell at 2629, 2645-50 and that maybe it's a market trap. To survival and safe u port. let's it pass and do some confirm down trend to Sell Good luck, guys.
Now, BTC is 55.7k and still on Base Demand zone So, I dont know it will keep going down or not The path way that I predict be like this picture. Hope it can help you guys.
Gold already do ATH! and still 'Bullish' I expect many ppl will focus to sell abt 2520-2530 and 2550. for my opinion that's quite dangerous Maybe, just stop trading for one day and let get some pull back signal from candle first What's do you think the highest move on the next week? ## Trade Idea Wait D1 do some Spining top / doji then focus abt the high...
TF D1 we will see the price close above the previous candle. That mean price get buy pressure to push the price go up and have chance to do ATH This week, but when zoom out we can consider all group of this just sideway up and already have some divergence appear in D1 So, Possible chance price can do likes at Dec 2023.
Follow up from previous idea.. Possible It's will pull back and do LQ first then pattern will like Double top. After that waiting LTF Reversal Signal. have a chance to go like this picture.
I will focus next supply at price 26.2 or 26.8 Anyway it should break 25.4 first to not be a QML pattern. Let's see
BTC Just focus on price 68.5k if can't break down there. So, have chance to go up. Wait Reversal signal from divergence and action We don't know how much end price of wave 5... Let it move and do some consolidate first.
it can bullish run, but warning about Sell Pressure from Previous week candle.
Still Strong Momentum Buy.. Let's wait and see this week what $ will do
Point Interest is 104.0-104.2 2 ways for this wave will be 5 failed or Not? ....
In Manipulated phase after do fake out zone If you want to sell - wait that break neckline first.
Refer from my previous post . . now, we need to wait for confirming 103.400 in my focus to 1st BMS
Important SNR is 23.5. Already do retest (FTR) and New Demand (RBR) Stills go up with strong buy momentum. Maybe will be like that picture pattern " The Dragon " !!!
Gold in TF Week, We see a strong bullish IFC. So, if the price continue go up it will possible break new resistance line at 2195 and do next all time high. In Elliot's wave analysis. Gold is wave 3 and still doesn't have any down trend signal to confirm. For Warning ... Everyone know that the gold right now very very OVB If you want to focus sell Maybe let it...