GOLD broke the previous ATH and overall, on a 4H, Daily and Weekly Timeframe is in a BULLISH trend. I will look for BUY opportunity on the retest level mentioned in the chart. Fundamentally speaking, FED rate cut, Weakening Dollar and Middle East crisis, all of these contribute to GOLD being a safe-haven for Retail as well as Institutions. If you feel any...
XAUUSD possible levels are mapped on the chart. I think it will retest the previous high range of 2500-2504 before continuing its move upwards. I am still BULLISH on GOLD on a fundamental level.
BTCUSD as on 27th November is in a consolidation at 1D Ascending Trendline support level. I am looking for a long position if it breaks the range i.e. 54800 going upwards. Consequently if the bears take charge right now, BTC may fall to 50000 which is a major support level.
This is a more descriptive chart. Go through it and hit like if you think it is possible.
US30 definitely looking for an uptrend here....i have opened long position here with a RR of 1:3. Its just simple price action that i can think of. Also RSI is also showing strong uptrend.
As i said earlier....btc will break the resistance only if more volume is poured..the same happened and now it can look for a retest at the resistance level i.e.34000 or it can continue the rally too. On the contrary, the probability of dump from here is quite low....now i am looking for the next previous resistance level i.e. 36500. Let's see whether it will...
As it can be seen in 30min time frame that the movement is range bound So we can expect a move upwards if high volume comes in...whild on the other side....it may keep consolidating within the 32000-35500 range. So yeah.....what we need right now is one thing..i.e. VOLUME. CHEERS! THIS IS MY FIRST IDEA. Please comment below.