Gold has tested the 1810-1814 more times and now has been broken the downeard line and broken the liquidity area , so it is expected to move toward higher levels 1857-1861. Confluences: 1-Tested strong support area more times. 2-High volume. 3-Storng bullish candle.
Confluences: 1-The primary trane at Daily chart is downeard as per moving below EMA 200. 2-There are high volume which confirms the bearish bias. 3-Price has broken the upward line and volume line. So it is expected to resume its bearish move to levels 32845-32790
Confluences: 1-The primary trend at Daily chart is downward and price is moving below EMA 200. 2-Price acion (Bearish candle) moving below liquidity area. 3-Price pullback from supply area which has been touced more times. 4-Price is moving below EMA 200 at 4H chart.
Price has broken the downward line and liquidity area and expected to re-test again at downeard line and expected to reach at higher levels 1.6630-60. confluences: 1-The primary trend is upward at daily chart as per moving above EMA 200. 2-Breaking downward line. 3-Price was moving at liquidity area.
Price now is moving above 88.30-87.85 which has been respected more times through last weeks , and also price is moving above EMA 200 in 4H and Daily chart so the bullish move has been confirmed. Now we are waiting for breaking the downward line and re-testing it after that we can enter buy order for long term to reach 91.20-91.70 then 49.50
Confluences: 1-The primary trend at Daily chart is downward and price is moving below EMA 200. 2-Price acion (Bearish candle) moving below liquidity area. 3-Price pullback from supply area which has been touced more times. 4-Price is moving below EMA 200 at 4H chart.
Now Price is moving and touched the supply area and begin to bullback again , so we wait for strong bearish candle to confirm the reversal again. Confluences: 1-Price is moving below EMA 200 at 4H and Daily chart. 2-Tha primary trend is downward so we are searching for sell orders only below the identified supply area which has been touched and respected by price...
As shown in the chart there is 4 important level wwhich is respected by price , so now it is expected for price to bounce again from 1904 level to reach 1924-1929 level , or price will move below 1904 to reach levels 1889-1884.
Price is starting to rise in upward move towards 1.6635-1.6665 after has been retested the strong support zone 1.6462-1.6486 , so there is a goood opportunity to buy now to achieve profit at the identifid target.
Now the price has broken the strong support area 1.0626-1.0617 and we are waiting for re-test with price action candle to confirm the entry position. Confluences: 1- The primary structure in 4H chart is downward , as per mpving below the EMA 200. 2 - The price is in high volume area which indicate that price will continue in bearish bias after re-testing.
Confluences: 1- Price was moving above EMA 200. 2 - Price has broken the value area (Resistence). 3 - High Volume. 4 - Uptrend at Daily chart (Above EMA 200). 5 - Buy Signal at MACD at 1H chart and 4H. 6 - bounced from Uptrend line.
Confluences: 1 - Price has broken the downtrend line with strong bullish candle. 2 - High Volume. 3 - Price has broken value area 1.0688. ** It is expected to reach 1.0770 after re-testing the downward line.
Confluences: 1- Price is moving below EMA 200. 2- The primary trend at Daily chart is Bearish bias. 3- Price is moving below the Supply area 1.0745 which has been tested more times. ** it is expected for the price to resume the bearish bias to lower levels 1.0680 .
Confluences: 1- Price is moving below EMA 200. 2- The primary trend at Daily chart is Bearish bias. 3- Price is moving below the Supply area 1.2535 which has been tested more times. ** it is expected for the price to resume the bearish bias to lower levels 1.2450 .
Confluences: 1- Price is moving below EMA 200 and 50. 2- Price was moving in liquidity area. 3 - Strong bearish engulfing candle (Price action). 4 - The primary trend at daily chart also is bearish bias. 5 - There is a pattern similar to Head and shoulder and price already has broken the ascending line. ** It is expected to Re-test the line and resuming its bearish move.
Confluences: 1- The primary structure at daily chart is down trend. 2 - Price is moving below EMA 200 and 50.
Day Trading Confluences: 1-Price has broken out the upward line to downward and re-tested the line again. 2-Price was moving below EMA 200 and 50. 3-Liquidity area. 4-Price action candle (Bearish candle)
Day trading confluences : 1-Price has broken the downward line and re-tested. 2-Price was moving above EMA 200 and 50. 3-Price has been bounced from the Ema 50. 4-The primary trend at Daily chart is also Upward