decentshaw

decentshaw

XAUUSD Gold Saw dips on Thursday after announcement of Good US results. thought the intensity of move was unexpected for me. Price visited the 200 Daily SMA at 1785 and at same level supported by the upward facing trendline. I am expecting growth from support . With breaking of Trendline We have support at 1774 and 1762 drawn in rectangle and Fib levels. Till...

decentshaw

We have a bullish flag structure in 1H chart and a bullish engulfing candle on Daily TF. In yesterday we saw gold making a support at 1814-1815 area. This all in aggregate suggest continuing of trend. In US session today i m expecting price to break yesterday resistance of 1820 and last week resistance 1825. With BOJ policy shift i am expecting Dollar Weakness in...

decentshaw

GJ is currently down. BOE raised its interest rates on Thursday by 50 BPS. GBP will get strength in coming week against its low interest rate currency counterpart (JPY). Expecting buying spree from mapped Support area or even from these levels. It will be good RR setup. Share your thoughts Regards,

decentshaw

Gold- XAUUSD is currently directionless. Candlesticks are as confused /directionless as some traders. After FOMC, general traders bias was Long for gold. Interest rate seems to be settling down and no more gigantic rate hikes expected; these seems to favor a moderate surge in gold prices to (1827-1852). Of course real price increase will be when interest rate...

decentshaw

GBPUSD fell down on Fundamental changes on Friday. The pair is on Bull run for Some days. Currently price is above 200 MA on 4 H chart and testing the 200 DMA (acting as support). Price is at crucial stage : 1-Testing the upward trendline. 2- Fib 61.8 (Short Graph) 3- Testing 200 DMA. To me we can buy on these levels. If 1.2100 is broken (by 20-30 pips) we...

decentshaw

We have series of higher highs and higher lows. Trendline (technicals) and fundaments support growth in Gold price. Then question is why gold fell down after FOMC. Powell speech give clarification of interest rate almost peaked ( he hinted 5 % max , depending on circumstances). I think its correction phase. Big boys Don't let u win so easily. Trendline...

decentshaw

Gbpcad . Weekly trendline potential resistance. observing the reaction. expecting Short. Comment on the idea

decentshaw

XAUUSD Analysis: We have seen XAUUSD Strong upward momentum since few days. Gold has crossed 1800 several times in last few days. Currently price is seeking validation from awaited FOMC interest rate decision on Dec-15th. Key News event which can effect Gold price movement is CPI (Tuesday Dec 13th) and FOMC interest rate decision. Softer CPI will add fuel to the...

decentshaw

With FOMC approaching (Dec-15) , Expecting USD strengthening and reciprocal currencies under pressure. As of with Gold, strongly correlated with AUD. Chart has something to say Do comment on idea

decentshaw

I was expecting the EURJPY rise from the upward facing resistance line. But Price continues to fall below the trendline. JPY will keep its strength in coming days. We have a nice R/R setup here. Chart explains. Do comment on the idea. Cheers

decentshaw

Price is hovering near the horizontal the Resistance Zone. From Resistance Zone , expecting a fall. Do comment on idea and odds

decentshaw

EURJPY Meeting Daily trendline Support. 142.100-141.900 Buy Zone Do comment on the idea. Cheers

decentshaw

Price has entered into historical Resistance Zone crossing 200 DMA. Expecting Pullback to local support. Do comment on the idea! Cheers!

decentshaw

The price has broken the downward trendline and consolidating. Price has touched the demand zone - strong support zone then made retracement. Price may visit the trendline again and start to grow. Do comment on the idea. Cheers

decentshaw

Chart Says it all. Observing the price in these 2 US session. Trade upon conditions Met. Do Comment on the idea

decentshaw

Hello Friends, Gold made a breakout of the downward facing trendline at 1739-1740 level. Since then sentiment is semi-bullish. Price broke the 1750-752 psychological level after the Fed minutes release. Fed minutes release showed that Fed officials see a smaller interest rate hike in future. (BOC also hints the slowing pace of rate hikes). The policy...

decentshaw

After the FOMC November interest rate announcement we saw Gold making highs. Gold price make a major breakout at 1680 and entering 1700 levels. CPI announcement added fuel and we saw gold going against all odds and most technical analysis. Current Gold price movement is sweeping the Retailers account. To me it will reverse pretty soon. 1780 - 1805 Where 200...

decentshaw

Hello Fellows! As I published last post , Gold (XAUUSD) perfectly moved as predicated in the charts . I hope you caught the move and add good pips. Currently Gold is moving with in the upward Channel which is bullish sign (Breaking the channel down may discharge the scenario). Today Gold Kissed the 1800 Psychological mark and went down. currently poking around the...