Market Scenarios: We have NFP tomorrow, Be careful so much... $FX: XAUUSD Blue Scenario: If the market closes higher than 2,625 but under 2,632, we can expect a small bullish move towards the middle of the London session. After reaching that point, there could be a bearish Friday, with potential to fall at least towards the 2,600 - 2,605 level. Black...
Support and Resistance Levels: The green zone highlights the key support level, which the price has recently respected. This aligns with the expectation of a bullish December if the support holds. The pink zone represents a significant resistance area. Historically, the price has reversed upon testing this zone. Weekly and Monthly Dynamics: During the weekly...
This chart represents the price movement of Gold Spot (XAU/USD) on a 1-hour timeframe, showing key levels of interest, areas of potential sell zones, and market structure concepts. Here's the breakdown of the important components: Key Elements on the Chart: Highlighted Resistance Levels (Red Zones): Possible Sell - Risky (2704.35): Marked as a potential...
This chart represents the price movement of Gold Spot (XAU/USD) on a 1-hour timeframe, showing key levels of interest, areas of potential sell zones, and market structure concepts. Here's the breakdown of the important components: Key Elements on the Chart: Highlighted Resistance Levels (Red Zones): Possible Sell - Risky (2704.35): Marked as a potential...
Based on the monthly close analysis, if the market tests the 2700 level in December and holds it as support, a bearish trend may emerge, potentially targeting the 2400 range. However, if the market first tests the 2594–2600 range and holds above it, a bullish close for the month is likely, potentially leading to a higher high and a continuation of the upward...
EUR/USD 15-Minute Chart Analysis Marked Zones: Red Zones: Represent sell zones, where price is likely to face resistance and offer potential selling opportunities. Sell Zone - Risky: A higher-risk area for sell entries, requiring confirmation before execution. Key Levels: The marked path suggests a potential move upward into the sell zones for a reaction,...
Gold Spot/USD 15-Minute Chart Analysis Marked Zones: Red Zones: These represent sell zones. The price is expected to face resistance or offer potential selling opportunities upon reaching these levels. Sell Zone - Risky: Indicates a higher-risk area for sell entries. Sell Zone: A safer area for sell entries with a higher probability of price rejection. Blue...
As far as Gold raised from the Daily Sell target Zone and 4h FVG, it's possible to finish the HTF rest and go for a new high. But it all depends on how the Monthly Candle closes. Until the closure of Month and Week is confirmed, Sell Zones are between 2758-2762 and Buy Zone is between 2680-2684. Meanwhile, we can have 2 risky zones also, depending on Asia...