Welcome to my XAUUSD analysis for the upcoming week. Let's dive into the price action to anticipate the potential moves in the market, acknowledging the inherent volatility. Monthly: The current monthly candle suggests a completed retest around 1930. A bullish move is anticipated in the remaining days, with a desired close above 1990, a previous resistance area....
Monthly: The previous month showed strong bullish momentum, but the current month began with a pullback. This suggests a potential movement towards 1910, which coincides with the 50% mark of the previous month's range. If 1910 holds, it could act as a crucial support level. Weekly Analysis: Two successive bearish candles on the weekly chart indicate a bearish...
Monthly: Clear fakeout from all-time high (ATH) to below 1975. Monthly candle likely to close with heavy bearish momentum. Weekly: Retesting previous resistance range of 1933 to 1938. If new weekly candle breaks previous weekly low, price may go down and break 1930, indicating a clear direction towards 1900. Daily: Support level formed after a significant...
Monthly candle: Showing respect for the previous month but facing potential rejection from the upside. Weekly candle: Confirmed resistance with a range to the downside, but uncertainty remains around levels of 1950 and 1975. Daily candle: Appears to be a fakeout from 1950, returning to the 1975-2000 range. If it surpasses 1985, there may be a move towards 2000. 4H...
Monthly candlestick chart shows bullish trend despite long wick from all-time high. Weekly chart has resistance at the top and a rejection has been observed. Closing above 2010 on the weekly chart could indicate upward momentum. Daily chart displays a clear downward price action. If any candle closes below 2000, there could be a clear path to 1980 on the 4-hour...
Weekly: price Break its previous resistance level and has also broken its ATH. This has opened up a significant amount of upward potential and created a clear path for further gains. Daily: 1975 to 2010, Very ranging area previously. However, a breakout occurred last week and price went up and come down with NFP news and clearly can see already retest back to the...
Monthly: If a candle flips, it may show a rejection from 2048. Weekly: Closing below 2000 or more than 1990 looks like a fakeout. The 1970 support area has already been tested. Next, the candle may test the 1950 mark. Daily: The range we saw for the whole week was between 1995 and 2005, and Friday's candle closed way below this range. This gives us a bearish...
Monthly chart: indicates a bullish trend, suggesting that the market is likely to continue to rise in value over time. This suggests that traders who are looking to invest in the market for the long term may want to consider buying in now. Weekly chart: The weekly chart shows a doji pattern, which can indicate uncertainty in the market. However, it is worth...
- Good news for the dollar on Friday may affect gold prices due to the holiday. - Monthly: candle for the first week shows that gold is doing well. - Weekly: shows that gold is still in a bullish trend. - Daily: chart shows a breakout but a possible retest of support on last Thursday. - 4H chart: a pullback may occur due to dollar news, and gold may need to find...
Monthly chart: Strong bullish candle closed, indicating a bullish trend. Weekly chart: Last two candles are bearish, suggesting a potential pullback from rejection at 1960 or 1935. Daily chart: Price is trading between 1988 to 1950, providing ample trading opportunities. 4-hour chart: Anticipating a bearish fakeout at 1960 or 1950 before a return to close in that...
• monthly timeframe with the end of the month approaching, there is hope that the monthly candle will close strong bullish • Weekly: there was a strong rejection from the upside and multiple attempts to close above 2000 failed • Daily: the price create support at 1934 with good momentum towards the upside and support was confirmed however, on Friday, there was a...
Huge bullish momentum on gold, looks like pullback will be 1950 or 1937 max we can wait and look for buy, looks like 2030 will retest and try to closed above 2030 and if candle closed 1H or 4H above 2030 then ATH 2075 we can see take out in coming week. let see what will happen in coming days.
Gold break the bearish momentum and break the 1850 key level upward so, now for next week we can see some strong bullish momentum coming so you can see my projection for next week.
Price has move quite up after giving us yearly low on last month new month start it with some impulse move and also some of the fundamental news factor may be. but base on Price action we can see price will move between the 1865 to 1830 will be great strong support and if price closed above 1865 on HTF candle then will be expect that price will fly. lets see how...
Gold Weekly Analysis as price action scalper i am looking for both side but we can see more down side on gold if weekly low break in coming days most likely on 1800 or 1790, so 1. price will break weekly or yearly low and can touch 1800 level area and can definatly see pull back from there, 2. if price already down whole week previously so, we may see...
as you can see after Head and shoulder pattern price drop down to long term bullish trend line and now price is testing from down to same bullish trend and "note; here lots of people saying bitcoin price pump and look like entering to new bull run but could be yes could be bull trap too". and not financial advice but i can see it bearish reverse flag pattern form...
Bitcoin Reaching OG ATH almost 50% down so far looks like there is nothing much sign it will bounch back soon i feel like it will stay on Sideways till 26 jan and lets see whats news come and will go from that .
Crypto Market has massive hit not only crypto most of the financial market like share market also down so, Long Uptrend rally has been broken, and most of the crypto market depend on Bitcoin if bitcoin price take stable position then good area to enter on matic is i m waiting on 1.40 and DCA every drop.