Analysis: XAUUSD facing strong resistance at the current level. as per the 1H and 4H timeframe, we can predict gold will be in a bearish trend to achieve its target. Happy trading.! Best Regards, The MorningStar Forex
Head 'N' Shoulders pattern forming in 1H gold. Today we'll look to short gold. Happy trading.! Best Regards, The MorningStar Forex
As per Today's EURUSD analysis, it's very clear to understand that price has been moving in the channel in the 4H time frame. Also, it is resisting the upper channel with nice rejection. In this situation, we can place nice short trade as soon as we get a bearish confirmation in M15 or above. Happy trading.! Best Regards, The MorningStar Forex
Nowadays Gold is very volatile, which is good for us. Yesterday Gold broke out Channel and today it's again ranging in that channel again. So now we'll monitor price action near the Lower channel and according to that, we'll continue taking our Trade. Happy trading.! Best Regards, The MorningStar Forex
Divergence in 4H, This can be a possible sign of reversal, BUT as this is a counter-trend setup, Please enter with appropriate RISK. only Enter If we have strong Bullish confirmation in M15 or Above. Happy trading.! Best Regards, The MorningStar Forex
Currently Gold has been diverging in M15, If we find a good Bearish signal we will enter in this Scalp trade. Happy trading.! Best Regards, The MorningStar Forex
Looking at Gold price action and Trend analysis, It is clear that Gold has formed support near previous resistance. Currently Gold is in rage in that area once if we spot broke out in this range, We'll be taking long trade near the Entry zone. Happy trading.! Best Regards, The MorningStar Forex
EURUSD has broken M15 trend line and Re-tested. Also, Divergence has also started forming up there are changes of EURUSD to go up. Enter only with Confirmed Bullish signals. Happy trading.! Best Regards, The MorningStar Forex
Expected NEWs Effect : As today USD is publishing its NONfarm Payrolls from one hour to this post, If it's positive and USD breaks above its inverted head and shoulder position. Gold will have a huge downside movement, as gold has already diverging 1H before the news. Please solid Bearish movement and then only enter this trade. Keep your Risk calculated....
Gold has retraced back to its yesterday's level. Today we can expect it to drop till the next support level. IF 1H or M15 timeframe give bearish engulfing, we'll be planning to take short. Happy trading.! Best Regards, The MorningStar Forex
As per our previous analysis EURUSD hit it's TP. This is what we feel good short setup. Happy trading.! Best Regards, The MorningStar Forex
Analysis: After a long run in up-side, Gold has touched its Fibbo levels, Plus it has started diverging in M15, So there are high chances that it falls. Look for good opportunities for short. Happy trading.! Best Regards, The MorningStar Forex
Analysis: EUR/USD has already broken its Trendline and MA crossover, Also today's it's testing Re-testing MA, Look for short sign in 5M-15M time frame and enter short trade accordingly. Happy trading.! Best Regards, The MorningStar Forex
Analysis: Gold is in a Strong Downtrend, Also USD has started its rally back upside, so today will likely fall till the next support level. Also as a confirmation, it's respecting 50-21 SMA. It's Really nice Short setup. Happy trading.! Best Regards, The MorningStar Forex
Analysis: US30 made rally upside yesterday, with a 2% positive change. In the current situation, that rally is exhausted and soon will go into retracement as we can see consolidation and divergence taking place in the 1H timeframe. In the current situation, if we receive any bearish confirmation we will scalp retracement SHORT. Happy trading.! Best...
If you think history will repeat, Please put your answers in comments and let's see by end of the day. Subscribe for more. Happy trading.! Best Regards, The MorningStar Forex.
PREVIOUS ANALYSIS: Analysis: Analysis: Gold price is at strong support. As per our previous scalping analysis, Gold reached its target today. Today or this week we'll be focusing on retracement entry. The same trade will be taken on our Youtube stream. Happy trading.! Best Regards, The MorningStar Forex
PREVIOUS ANALYSIS: Analysis: As per our previous analysis, Gold couldn't sustain a Temporary support line and created lower support. So now will look for our entry point near the circled area. Once price in that area and starts making Bearish confirmation we'll be taking a nice short position. Happy trading.! Best Regards, The MorningStar Forex