roycekevinmicheal

roycekevinmicheal

Referring to Daily chart, previous candle formed strong bullish engulfing signaling strong demand for gold. Drop down to H4 chart, there is doji and indecision candlestick followed by strong market move to upside. CPI news bring price down to this level, before fly forming hammer candlestick. Confluence of trend line, signaling further bullish move creating new...

roycekevinmicheal

Daily candlestick closed, forming CRS. Price expected to sell off to 50 fib level, before flying high. Short.

roycekevinmicheal

Looking on chart pattern, short continuation pattern formed. This signaling for further bearish movement. Trade idea, to short gold when price entering pink zone.

roycekevinmicheal Updated 

D1 chart, show price hike in compressed manner. Liquidity in accumulation, and seller absorbs more bull orders. Two previous resistant (R1, & R2) had been showing great seller action, however seller order has been cleared. Price will make spike to upwards direction, and after that making major correction to downside.

roycekevinmicheal

Looking at M15 chart, QM Sell pattern is violated, hence indicating price manipulation. Waiting price to retrace into zone, before flying. Looking bullish.

roycekevinmicheal

Looking back to XRPUSD Chart at Daily timeframe, there was bullish pennant pattern formed. XRP has the possibility to bounce higher. Long term view, XRP will consolidate and make some correction before flying high to 13.8 price level.

roycekevinmicheal

Gold price had take off significantly, due to increasing war, and most investors move to gold as safe heaven. Previous resistance had been broke and will becoming support. (RBS) Price expected to test RBS area, before shooting up high again. Price expected to react on : 2679.474

roycekevinmicheal

Gold price indicating strong short term bearish movement, before forecasted to rally again in next month.

roycekevinmicheal

XAUUUSD - 1H The market structure shows two resistances at the same level, and in line with SRF. Price will shoot up, to find the supply zone, (Purple line) before crashing to find the demand zone. Setup QMR : BUY to be formed after price touchdown.

roycekevinmicheal

Prices are expected to fall as a reaction from the supply zone, to complete a fake-out at the demand zone. Price will crash to break 3 parallel supports to find a Kink at the demand zone. When the price reacts to the demand zone, we switch trade to buy for a longer term.

roycekevinmicheal

Price will expected to react to be bullish until creating a new higher high, before continuing for bearish move. USD will dominate the market.