asharifan

asharifan Updated 

at this moment the long-term uptrend is broken and we have a 4H close bellow that. to be sure about its success ,we need to see a 1D candle close bellow the uptrend. in the other hand, it would be a bearish engulfing, just on short-term downtrend that yesterday got broken temporary.. i am eagerly like to see gold in lower levels to invest on that.

asharifan Updated 

between long-term uptrend and short term downtrend , gold price is under pressure yet. i think the best levels for buying is reachable in bellow demand zone. so i don't purchase now.

asharifan Updated 

chart pattern:head and shoulder in a top level of NZDUSD is going to be complete. trend analyze : the mid-term uptrend has been broken and retested and short-term downtrend has been shaped . moving average: price is just bellow EMA 50 if you want less risk you can wait to complete the head and shoulders and to see price bellow the S/R zone of 0.653.

asharifan Updated 

there is a good Risk to Reward ratio and a broken flag.

asharifan Updated 

just technically we can expect to have lower levels from this pair.

asharifan Updated 

Gold has made a structure that can be a consolidation to break its long-term uptrend and touch lower prices.

asharifan Updated 

maybe because of political news , Gold in mixed up situation. surely the long-term situation is uptrend for Gold. in the other hand we are under a Mid-term downtrend . gold price volatility has been limited in a short term uptrend channel.this channel can be a foundation for a large uptrend movement or instead it can be a build up for breaking the long-term...

asharifan

there is one mid-term downtrend ,one long time uptrend and in this moment price is in a small short-term channel ,something can be a flag and build up to break down the long-term uptrend. i think gold cant go upper than 1927zone , even if we see a pin bar close up to 1902usd. you can buy to mentioned target, but, be careful about the build up channel , gold price...

asharifan

Gold broke its short-time downtrend and went up to the flipped Support level in 1930usd. In this moment it is coming down. It can be a small retracment to start another swing to break the mentioned level or it can be just coming back from a failed break out. So I personally prefer to see the today candle . Buying from Support area of 1910- 1915 zone can be a...

asharifan

We have 2 trend lines. One is the short-time uptrend in the daily timeframe that is broken and retesting in this moment. 2nd one is a monthly and weekly timeframe downtrend that is a bit upper. I personally will be waiting for today daily candle and its reaction and close. I will buy in case of seeing a pin bar here. The safe target would be around the upper...

asharifan

the short-term downtrend line got broken yesterday. some fundamentals helped this moving high. but, it is not a certain uptrend signal . as you can see we are in a small channel like a build up . in the other hand we are still under the very S/R zone around the 1930usd. we have not still found any price action signal .but after breaking of this S/R zone it can be...

asharifan

confirming my last analyzes, i must ask you to avoid opening long positions yet because we are still bellow the 50days downtrend line , we need to scan our chart, tonight and maybe Monday night price action is important . we can even sell in case of Gold price respects to mentioned trend line. we can just open buy position if we find daily close beyond this trend...

asharifan Updated 

Confirming last analysis we are in a very nice retracment pattern in Gold. As we expected down trend worked and price came towards its last big support of 1861usd.If you are intraday trader note carefully that downtrend is still working and and high is just a retracment. As you can see in my daily chart we have a nice unbroken demand zone 1790to1816 and a strong...

asharifan

In my time frame (daily timeframe) the long term trend is uptrend but in this moment price is under the short-time downtrend and trying to break that. In the other hand we have a very strong S/R zone here(1912 -1917). Last night thes zone kept its resistance situation. I think gold can't break this level unless comes down to 1916 or even 1799 zones. We can wait...

asharifan

EURUSD is top of its ema 200 and ema200 is pointing up. So in long time we are in uptrend . But in short time we have a downtrend line that had been broken and now that is retesting . We need to see the price action in this retesting try. Even if it comes down, we have a very strong support in 1.17465 zone. I think we can have a retracment from current level at...

asharifan

In this moment gold is stuck in a downtrend short time channle but, the EMA 200 is pointing upper levels and also price is above that.we are still in a long-term uptrend and its retracment. Consequently, I preffer to scan my chart to reach one of my 3 key levels and then long in case of seeing confirmation price action signal. 1862usd is a support , if it got...

asharifan

Gold price touched its channel top band again . So we can have a short time sell. Please note that the long term trend is still uptrend .

asharifan

in 4h time frame we see a downtrend channel that its top band has been touched by Gold price. So for short time I expect down trend for gold 1st destination will be 1855 and 2nd TP can be 1816.