FUNDAMENTALS * Spot gold GOLD rose 0.1% to $1,971.79 per ounce by 0119 GMT. Bullion gained nearly 1% so far this week. * U.S. gold futures GOLD gained 0.2% to $1,973.80. * The metal slipped on Thursday from a two-month high as the dollar and bond yields climbed on stronger-than-expected U.S. labour market data. * The number of Americans filing new claims...
Reson Behind XAUUSD/GOLD Sell 1.Retesting teh Last Week Hight @ 1934 in the Week Opening 2. From 1934 which the candle Stick Makes the Double Top which make the asset to Continue the trend 3. If all happend with our Pojection the W Pattern Fomed over the suppport Zone 4. Obey uptrendline retest and make the Fall Overall Possible Outcomes XAUUSD SELL @...
Reason for XAUUSD/GOLD Sell 1.Morning Dogi Star Candle Stick make the gold to Move the Nearby Support @ 1935 2. After Reaching Recent Resistance of 1935 then the Candlestick Made Double top @ 1935 and Make the asset to Fall 3. Strongly obey Support 1930 which is over Uptrend Line Retest Area Overall Possible Outcomes XAUUSD SELL @ 1930-1935 SL 1964 TP...
Reason Behind the SELL Projection 1. Breaked teh Uptrend Line @ 1960 2. Candle Stick PatterN of Bearish Spinning Top Confirms Further SELL movement 3. Chart Pattern of Decending Triangle Pattern which determines the Bearish Continuation to the support of 1890 Overall Possible Outcomes XAUUSD SELL below 1980 sl 2010 tp1 1930 tp2 1890
Looking at the daily chart of XAUUSD, we can see that the overall trend is bullish, with the price trading above its 50-day and 200-day moving averages. The price has also recently broken out of a short-term consolidation pattern, indicating a potential continuation of the uptrend. The Relative Strength Index (RSI) is currently in overbought territory, which...
Technical Reason For Fall RSI 14 below 50 and tends to be bearish in 1H Time frame Stochastic Indicator Overbought and Crossed 80 which Indicates Sell Movement Overall Outcomes 🔹FX SIGNAL GOLD SELL 1946.47 SL 1955.00 TP 1935.50
Reson Behind XAUUSD/GOLD Bullish 1. Tecnically Obey Strong Suport @ 1920-1925 2. Retrace the Paralle Trendline and Make Contination in Trend 3. Formation of Double Bottom Make teh pair to Make Higher High Fundamental DXY Analysis Marlet clearly Breaked Resistance and trend line and Moving over the Higher Resis of 105 If market Obey the support @ 105 then...
Reason Behind the Bearish in the Following Week Tecnically Reason 1. Double Top formed the Major Top @ 2050 and tends teh bearish Moment in last week and continuation in Fowwing Week too 2. Bearish Reversal M Pattern Spotted ober the Zone and which make the contination to 1900 after the retest of Immedaiate Support @ 2000 which due to Powells increase in...
Reason Behind the Bullish 1. Technically Sppinning Top candle Stick Pattern Confirms Bullish Movement 2. Breakout in Head& Shoulder Pattern 3. Strongly Obey Support and trend Line @ 1980 Overall Possible Outcomes XAUUSD BUY @ 1980 sl 1940 tp 2074
Reason Behind the EURUSD Bullish Continuation 1. Single Candlestick Pattern Bullish Spinning Top Confirms the further upward Movement 2. Market Obey Rebound the support Zone @ 1.09200 3. Ascending Triangle Pattern Spotted and making Higher and Following Trend Overall Possible Outcomes Buy @ 1.09200 sl 1.08200 tp 1.11958
Reason Behind XAUUSD Bullish 1. Last Week Bearish Engulfing candle confirm the further downward Movement towards 1950 Which is Major Support 2. After Clear sell off and Obey the stronger Support and rebound and make teh higher High 3. Breakout above 2010 and Clear Strong Buy Overall Possible Outcomes XAUUSD BUY @ 1950 SL 1930 TP 2050
Reason Behind Fall Stochastic 5,3,3 overbought and ready to Fall RSI 14 Below 50 and tends to move in Downward Direction Overall XAUUSD SELL@ 2010 TP 2000 SL 2017
Reason Behind Bullish Technicals 1. Bullish Engulfing Candle Stick Pattern Confirm Further upward Movement 2. Triangle Ascending Pattern tends to breakout @ 2000 3. Levels S1 1950 S2 1920 R1 2000 R2 2074 Fundamendal Dxy While retest 104 the XAUUSD reach 1945 After rejection of 104 further Move towards 101 which helps to reach Target Overall Possible...
Reason Behind Trend Continuation 1. Breaked out the Ascending triangel Pattern @ 1950 and Retesting 1980 Before Making Higher High 2. Bullish Dogo Confirm the Bullish Movement 3. Fundamentally DXY stronger and Make Lower as Low Volume In market 4. Retest the demand Zone and Further Bullish Move Overall Possible Outcomes XAUUSD BUY @ 1980-1990 SL 1949 TP 2074
Reason for Bullish Technical 1. Retest Support of 1960 and Make Futher Bullish Movement 2. Expecting Breakup in Ascending Triagle Pattern which Push Higher to 2074 Fundamendal Dxy Clear Downtrend Continuation Retesting 103 and Make Lower Which Moves towards Our pattern Overall Possibel Outcomes XAUUSD BUY @ 1960 SL 1930 TP 1 2000 TP 2 2074
Reason Foe Fall 1. Breaked 1h Uptrend Channel 2. Rsi 14 Below 50 Which Denotes Downward Movement 3. Stochatic Overbought In 1h Time frame Overall Possibel Outcomes XAUUSD SELL@ 1945 SL 1958 TP 1927
Reason For Bullish 1. Stochastic indicator represent the asset oversold and tends to be Bullish 2. RSI above 14 anf uptrend in 1H 3. Market in uptrebd and so retesting teh Weekly High
Reason Behind XAUUSD Bullish 1. Breaked out in W Pattern Pattern confirms Bullish continuation 2. Strong Continuation in Uptrend Channek 3. Bulllish Spinning Top Confirms Further upward Movement 4. Probably Retest Zone 1960 Overall Possible Outcomes XAUUSD BUY @ 1960 SL 1928 TP 2074