


This chart shows possible price movement predictions for gold (XAU/USD) on the 1-hour timeframe: Current price is around 3,202. If the price goes up, it may reach around 3,212–3,219 or even higher. If the price goes down, it may drop to the support zone near 3,125–3,118. Arrows show two possible directions: bounce up from support or drop after hitting resistance.
This is a 30-minute candlestick chart of Gold (XAU/USD) showing technical analysis for short-term trading. Here's a breakdown of what the chart is illustrating: 1. Falling Wedge Pattern (Bullish Reversal) The red lines form a falling wedge, a bullish reversal pattern. Price broke out upwards from the wedge, which is typically a buy signal. The orange circle...
--- 1. Chart Type & Timeframe Instrument: CFDs on Gold (XAUUSD) Timeframe: 30-minute candles Each candlestick represents 30 minutes of price action. --- 2. Trend Channel The two diagonal lines forming a rising channel indicate a previous uptrend. Price respected this channel until it broke down below the lower boundary. --- 3. Recent Price...
Key observations: Supply Zone: The upper orange region near $3,360–$3,380 represents a strong supply zone where sellers have consistently stepped in. Resistance Levels: Price has faced repeated rejections below the $3,320–$3,340 zone, aligning with downward trendlines. Demand Zone: The blue area between $3,260–$3,285 marks a clear demand region, with previous...
1. Previous Trend: The price was falling heavily from the high zone (near 3,480–3,520). A strong downtrend line is drawn (brown line from top left). 2. Support and Resistance: Resistance zone: Around 3,480–3,520 (blue box at the top). Major Support zone: Around 3,260 (red zone at the bottom). 3. Key Points: Price bounced from the strong support area...
1. Chart Pattern: You can see a descending triangle forming (red lines). Price is squeezing between the red resistance line (sloping down) and the red support line (almost flat). This shows the market is in a consolidation phase. 2. Support and Resistance Zones: Support zone: Around 1.13000 (the blue box at the bottom). Resistance zone: Around...
Asset: Bitcoin (BTC) against the US Dollar (BTC/USD). Timeframe: 4-hour (each candle represents 4 hours of trading). Current Price: Around 94,062 USD, slightly down by -0.63%. Key Points on the Chart: 1. Support and Resistance Zones: Red Zone (Top): Strong resistance between 94,932 - 96,128 USD. Price struggled to break higher here. Blue Zones...
Key Elements: 1. Red Zone (Resistance Area): This is a supply zone or resistance area, indicating selling pressure between $94,000–$94,500. Labeled "sl" – this is likely the Stop Loss level, which means if price breaks above it, the bearish idea may be invalidated. 2. Bearish Arrow: Suggests that the trader expects the price to reject the resistance area...
This chart shows a bullish breakout setup on XAU/USD (Gold), following a falling channel. The price has broken out of the bearish structure and is targeting the 3,440–3,445 resistance zone. The upward arrow and green projection zone indicate the expected bullish move. This could be a potential buy opportunity with a good risk-reward ratio, as long as price stays...
This is a EUR/USD (Euro to US Dollar) chart on the 30-minute timeframe from TradingView. Here’s a detailed description and breakdown of the elements in the chart: 1. Trend Overview: The pair previously showed an uptrend (highlighted by the blue upward channel) leading up to the high of 1.15480. After hitting that peak, it entered a downtrend, marked by the red...