After being bearish for almost two weeks, Gold is now heading towards its next immediate resistance at 1741-1745. Despite being very strong resistance, gold looking to breakout towards 1770 after completing its downwards trend. All the entries shall be taken only if all the rules are applied. Detailed review will be provided soon.
Gold is strongly but as i mention i can be retest is lower part at this point gold is consolidation area at 1870-1874 here is support if this support is break then gold next target will be 1850 otherwise gold is still bullish till 1920.As my last prediction of gold 1910 and gold hit 1907 index .I already gave Gold Buy position but use small lots it could be...
USDZAR is already over sold and but there is more vision about sell as you can check in the weekly candle i will be retouch the 140.0000 but for medium term is should be retrace back their is a possiblaties as well. entries should be applied if all the rules are applied. do comment or Dm us
Only the Main reasons of current Last Three Weeks of Bullish Momentum of Gold Because Fed kept the rate unchanged and announced that they will keep the previous plan and as an result DIX engaged the meltdown with evident Daily Bearish Gap fill which added significant Buying pressure on Gold and Stimulus announcements are making Gold gradually testing the 1900.30...
GBPNZD is clear making a Cypher Pattern you can say a "W pattern" in D1 time frame .i cleraly mention the turning points 1.9020 is very strong support all over time if this will break then there will be strong BEARISH implusive momentum but am looking towards BULLISH momentum. All the entries should be applied if all trades rules are applied Comment below us or...
As you can check my prevoius analysis all are hit now gold is strong bearish rectently the PMI fundamentals and going to adopt the support level of 1800.Gold will the stay in consolidation zone between #1830 - #1800 . U.S. chair repeated their monetary action plan that the market already digested (low rates until more Currency is printed) and that kept DX High...
The ZAR has been extremely resilient after the Covid19 selloff earlier this year when we saw R19+.the current levels look attractive long term to take USD/Offshore exposure to maintain the technical trend then it will be on sell .Stock markets under fears of new lockdowns due to the rising virus cases The strong Selling on the Stock markets upon the hearing of...
All the entries should be applied if all the rules of trade are applied . Gold is too close to the Daily chart MA50 and this is not the time to take wild bets on a market that is obviously waiting for catalysts to move. Right now Buying towards the Hourly 4 chart Resistance, having a stop on the Daily High near 1900, is the most optimal Trade to take. Excellent...
All the entries should be applied if all the rules of trade are applied comment us for detail view and understanding
After a huge accumulation in this area 1880-1920 the price has reached a very important area . I expect a rather ranged session today, unless Wall Street opens with positive Stock markets gap which will add Bearish pressure on Gold . I remain Bearish on Short-term with Stock markets chart as my main point of interest. I am sure in Selling outlook but without...
ALL THE ENTRIES SHOULD BE APPLIED IF ALL THE RULES ARE APPLIED . ONLY TECHNICAL TREND NOT ENTRIES FEEL FREE TO COMMENT US
Personally - it shouldn’t be a big surprise that Gold is under strong Selling pressure (Selling swing on every local High) as DX is extending the recovery, Stock markets are near Resistance (which should be Bullish for Gold - adding Buying pressure), while Bond notes are on a Bullish gradient - all correlating assets showing Neutral values on Gold . Regarding...
USDMXN : ALL THE ENTRIES SHOULD BE APPLIED IF ALL THE RULES ARE APPLIED
GOLD(XAUUSD) All the entries should be applied if all the rules are applied. only idea
USDZAR short : All the entries should be applied if all the rules are applied.
Its looks like it made need to do a small correction sell direction with corrective setps movement before continuing climbing towards Long. We have some bearish divergence on the 1 minute time frame with the MACD crossing above.Its rising in the smooth Uptrend. As the price bounced from the trend line we establish Support zone there and after the bounce from the...
As you seen my last week trade setup and our last call on this pair and USDZAR as well, the market almost hit the expected target around 21.5000 area.On the weekly chart market look on a bearish momentum with a possible break of the recent lows in the near future But i should retrace back towards up to maintain its structure(support and resistance) .Price on...
ENTRIES SHOULD BE TAKEN IF ALL THE RULES OF ENTERIES ARE AAPPLIED DO COMMENT US