This is my chart analysis for XAU/USD and i have entered this trade and waiting for good result.
please let me know if you see anything on my analysis so that i can improve my skills.
thank you
As we can see on the chart GOLD is in a symmetric triangle and we are above a very goog demand zone , with this patterns and zones we can expect market to breake the resisirance and move up to the next supply zone, i am expecting the market goe down till 1777.00 or 1775.00 and start going up again if we breake below 1770.00 we are going for 1760.00 FOREXCOM:XAUUSD...
WE HAVE A STRONG ZONE AND I CONSIDER THAT AS BUY ZONE AS #SHIB HAS SHOWN SIGNIFICANT MARKET CAP GROWTH, I EXPECT PRICE TO REACH TO A NEW ATH
IM NOT A FINANCIAL ADVISOR,NOT A FINANCIAL ADVICE
Its highly possible for gold to pullback up and break the resistance levels throw 1930.00 again because the level we can see in the picture is a daily strong level which has hit the trend line as well which if we use support level and trend line and Fibonacci -0.618 level as confirmation (its up to your strategy) we can clearly see the we will have a good Long...
HELLO DEAR TRADERS HERE IS A NORMAL ANALYSIS FOR USD\CAD WHICH IF THE MARKET RESPECT THE SUPPORT LINE WE ARE EXPECTING A HIGH BREAK THROUGH AND IF NOT EXPECTING A DOWN TREND FOR SHORT TERM
PLEASE LET ME KNOW ABOUT YOUR POINT OF VIEW IN COMMENTS
THANK YOU
i was waiting for the pool back and happened so we are expecting a rise up till the point and above unless we have vaccine news there is a big chance of rise according to the pool back
good luck every one let me know about your opinion
thank u
