mohammadsomeaneshin

mohammadsomeaneshin Updated 

as you see we have no fundamental news for making gold bullish again, Goldman Sachs is also on vacation from bloomberg news, we expect a low volume move period these two days, we can anticipate the price to reach 1777, and with NY or NYSE volume we can go sells and reach our small tiny easy sells ;) lets see how is the market today wolves. im not looking for...

mohammadsomeaneshin Updated 

easy trend base and resistant zone we also have CPI news on gold.

mohammadsomeaneshin

as you see we are still in a bearish move on gold, its the first high volume session on London after Mixed results of NFP and the other USD economic news. current situation of gold price is still not safe for me for entering any position on sells, so, I am waiting for the new resistance area and touching the liquidity area for a continual bullish move. on the...

mohammadsomeaneshin

previous ADP was lower than expected, so fundamentally, my bias is still bullish for gold because of dollar weakening, lets see how the market goes, i may put some buy stops on gold one minute before NFP news

mohammadsomeaneshin

that's why I always say fundamental + technical trading is essential.

mohammadsomeaneshin Updated 

as we know, today we have Advance GDP q/q with forecast 1.1%, and Gold price is simply reacting to previous support and goes for retesting below our marked support, we can count on NY Opening Volume to move price beyond our resistance area. so lets see how the market forms next candles.

mohammadsomeaneshin

as we see candles are bearish at all, we are expecting a simple bearish movement on GJ, because there is a a grab on higher timeframe on it, i am aware of fake breakout , so lets see if the price forms a bearish move exactly the way that we want or not. lets see, ;)

mohammadsomeaneshin

as we see candles are bearish at all, we are expecting a simple bearish movement on GJ, because there is a a grab on higher timeframe on it, i am aware of fakebreakout , so lets see if the price forms a bearish move exactly the way that we want or not. lets see, ;)

mohammadsomeaneshin Updated 

fundamentally, we have bullish bias on gold, because Ariyan sent me this news :-D Ukrainian President Volodymyr Zelenskyy said on Wednesday that their foreign partners will be responsible for "humanitarian catastrophe" if they don't implement a no-fly zone, as reported by Reuters. "Over the past two weeks, we have shown we will not surrender," Zelenskyy added...

mohammadsomeaneshin

if gold tries to continue its bullish move, it needs to form a new support zone, so we want the gold come a bit down to form a support area, then continues its bullish move. its more safe to enter buys above 1900.2 after forming a support.

mohammadsomeaneshin

as you see price formed a successful support area on 1h time frame and also confirmation on 15minute chart, in the other hand we still have our fundamental news coming across the Russia- Ukraine tensions, war risks are still valid for both sides, if we break 1893 and close above, we may have some bullish continual move on gold, you also can put some pending...

mohammadsomeaneshin Updated 

buys of hope huh? as we see chart is forming a nice harmonic pattern for bullish move, on the other hand, we are forming a nice rejection on HTF from the area I mentioned below 153.192 therefore, if price forms a nice rejection to 1h time frame, we expect another rejection to the area then forms a bullish move, as we all know, UK news are making GBP stronger from...

mohammadsomeaneshin Updated 

we expect a smart fake break arounf 1819:1818 then after a nice LQ around 9 am, we expect a bearish continual movement. if i see signs of a bearish move below 1818.12 i will search for a nice entry of shorting gold. otherwise, i still checking other charts. be careful of potential fake break. Yours truly :-D

mohammadsomeaneshin

well, as we see price is forming a new resistance zone, if price closes bearish, i will search for a nice short entry below its own low of 15min candle. lets see how the market forms next candle. til then , I'm just observing the price, nothing more nothing less

mohammadsomeaneshin Updated 

we have some bearish moves expectations on gold, as we know that today we have retail sales on USD, after yesterday's speech we expect some corrections on gold after new monetary policy decisions, so i prefer waiting for a bearish candle closure below 1819.88 and right after that i search for a short entry on gold and may hold that til 1812. if price reaches...

mohammadsomeaneshin

fundamental bias on XAUUSD gold. as we know today we have CPI news and we expect some huge moves on major currencies and also for gold, previous NFP news formed a bullish move on gold because of USD weakening, so from the technical views, we expect a pull back on higher time frames on gold ( maybe daily ) and reject 1800:1802 area for a bullish continual...

mohammadsomeaneshin Updated 

there is a harmonic pattern which is going to fail soon, amateur traders sell may get activated and right after that liquidity will kill them, so we wait for a small range between 1794 - 1886 then it will fail 075% of the Gan bias and may get the gold bullish again, we wait til that time for a long swing trade and may hold that til 1820-1821 , partial close is...

mohammadsomeaneshin

Price goes to retest the reversal zone around1.6742 then searches for a potentials of a bearish continual movement, so we wait until candle closure below 1.6740, confirmations: bearish candle closure below 1.6739 secondary confirmation: breaking 1.67300 with a bearish candle formation, then we go for selling EURNZD around 1.67078