Check out the trade plan for XAUUSD today based on the technical analysis. Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you!
Here as we expected we can spot a clear breakout on the rising wedge pattern formed. A well managed short position will gernerate a good amount of profits #DYOR
Here I have found two very important sell zones as of we see that we have historical crush zones. Also keep an eye on the rising wedge spotted / formed on the chart. #DYOR
Here I have an eye on this current price action where I expect a HnS formation on the chart which can lead the prices towards 50% on the recent bull trend. #DYOR
Here I have done a forecast considering the price action or historical move happened on last year as highlighted in area for month December 2020. There we can clearly spot that it has already following the same pattern and move. So far its like 70% of its move has done and the rest has predicted as it was formed during the period, where I am expecting a continued...
Here we can very clearly spot this key level as the bouncing offs happened is very strong and unique in each attempt it happened on this key level. With the current price action and W formation we can see I am expecting a little pull back or a completely failure in the push to the upside before any breakout. Alway wait for confirmation. #DYOR
EURUSD is on an important support level where we can expect a reversal formation in the near future. #DYOR
Nasdaq is clearly strong in its bull run while we can clearly find it on a growing trend line. In any case we see a breakout with a proper confirmation we can use a short position towards the target highlighted. #DYOR
Ethereum is approaching a two possible target areas as highlighted on the chart. The supported W formation is verys strong in the current bullish run. #DYOR
Bitcoin successfully breached the horizontal resistance and this is a good formation to head up towards 50k price levels. #DYOR
GBPUSD met an important resistance where price respected the resistance and reversed many times during the price action. Chances of a reversal is high once again at this level. #DYOR
Gold attempt to breakthrough has got succeeded but the reality is its risky as we can see the previous attempt has already failed in pushing through. Formed a false breakout with a squeeze on the bullish trend. #DYOR