wickywicks

wickywicks

Hi there, Market's been quite brutal since 2022 and I hope you guys didn't loose much. Let's talk about GOLD. Fundamental Analysis Russia-Ukraine war is still going. Recession is upon us. DXY is skyrocketing. Currently US Dollar is safe haven currency. All are currently in favor of Dollar so all remaining might see some declines for sometime. Technical...

wickywicks

Prices seems like approached strong Demand Zone at 12200 and also trapped in Bullish Flag inside another Bullish Flag. We might see some retracements from current Demand zone but NASDAQ is already entered in Bearish Trend. So better to look for Short Entries. Proper Shorts entries will be active after breaking 12000 critical zone. Once Broken, look for retest...

wickywicks

Hi there, Gold's currently under the strong influence of Russia-Ukraine War so watch closely. 1/3 Gold done some recovery and consolidations at 1980 zone. We've got HANGING MAN candlestick right after 6 bullish candles. A probability of Bearish formation as price respected both Bullish Channel and Bearish Channel (within bullish channel). 2/3 We can see the...

wickywicks

Here's another detailed analysis but it's kinda messy as it contains some major points. 1/2 Gold respected 2011's support zone and Broke Falling Wedge on Thursday's FOMC new. Price can be seen travelling within another Bearish channel. 2/2 Price seems like respected 1945 zone and retracement for continuation of Bullish momentum is expected. We can have...

wickywicks

Hi There, Let's take a deep look at GOLD. This analysis will further be divided into 2 or 3 more analysis on different TimeFrames. 1/2 Recap: Russia-Ukraine war triggered Gold & finally broke Symmetric Channel after approximately 2 years. We saw perfect breakout and retest as well as trend continuation till previous ATH 2070$. 2/2 Gold fell immensely after...

wickywicks

HI, Let's take a look at EURUSD 1/2 Bullish Flag broken and Retested NOW. EU been dipping strongly since starting of 2021. We might be able to see a HALT at 1.1 zone but Dollar's dominance could extend further downward movements. Closing of January's Monthly candle quite crucial in deciding further movements. 2/2 EU is currently trapped in Bearish Flag and now...

wickywicks

Hi, Let's take a look at GBPUSD 1/2 Sterling Has broken and Retested Rising Wedge W & D candle closed above 1.34 strong support zone indicating no further Bearish momentum. However, FOMC interest rates make Dollar's recovery and we might be able to see some strong movements in upcoming months also. 2/2 After breakout, GU seems to be retesting inside Rising Wedge...

wickywicks

Hi, It's time to analyze GOLD 1/3 Symmetric Channel Formation GOLD is still converging since 2020 in symmetric channel. We might be able to see a breakout lot more sooner than expected. 1/2 1855 seemed strong rejection zone. Inside symmetric channel, there's Bearish Flag and XAUUSD exactly respected that Flag. All thanks to FOMC on Wed. XAUUSD followed...

wickywicks

Hi, Let's take a look at NZDCAD. NC broken Bullish Flag and retested. Perfect retest is at current support area. Bearish Flag 3rd encounter at lower TL. Weekly & Daily closed above support & TL. RSI indicating Oversold on D TF. Bullish Divergence on 4H, D TF. All indicating Bullish movements. Another Bullish Flag NC seems to be holding 0.835 Support Zone....

wickywicks

Bullish Channel trapped inside Bearish Channel and price respected strong rejection and TL at 1815. Watch 1815 zone on 4H TF. For Bullish Momentum it must break above 1815 zone by tomorrow. We'll then enter LONG once Retest is done else we will be having major breakdown. (Check my previous analysis for bigger picture).

wickywicks

Hi there, Let's talk about GOLD. Bullish Channel Breakout at 1840 But price couldn't break above 1910 zone. (1900-1915 was previous strong supply during Aug-Sep 2011). We anticipated breakdown instead. LONG trades got liquidated here at strong support 1810 zone. We had strong USD recovery that drove GOLD further down hence breaking 1810 support. So...

wickywicks

There's strong impulsive breakdown since last year but eventually it came to Monthly major Support i.e 1.2255.Seems like USDCAD holding above that critical zone. Daily candle closed in BULLS favour. Bullish Harmonic Pattern, RSI and Price Action still favouring BULLS. However, UC needs to break consoldation zone 1.2330 for proper BULL run. Trade safe...

wickywicks

M,W candle closed at strong zone. Falling Wedge can also be seen. Price respected 1720 zone. In order to breach 1600 zone. Both TL and support must be broken and retest as well. Recovery is still possible but bear in mind coming NFP also.

wickywicks

Bearish Channel. Holding 0.76 M,W,D support zone M.A are still supporting Bulls. Coming NFP might trigger strong volatility. We expect as possible breakout if Negative Fundamentals take over. AU respected 0.8 zone Price retraced following all other pairs. Currently holding at previous Support zone.

wickywicks

Bearish Channel 1.00 M,W Rejection zone AC currently trapped in M,W Bullish Channel. However, M.A's are supporting Bulls. Price has respected support 0.98. Watch this zone more closely. AU has respected 1.00 zone. Breakout still possible if NFP triggers volatility.

wickywicks

T.A review: Trendline as well as Symmetric Channel Broken and Retested as well. Daily M.As are still encouraging BEARS. 1760 is another demand zone and we can see a Triple Bottom over here. Doji and Wicks formation indicating a strong rejection zone. Previous analysis went pretty accurate. Let's expected some retracement as well. Coming week would be deciding the...

wickywicks

Demand Zone W,D Rejected at 0.76 zone. Seems like holding Bearish Channel. Still Dollar could cause strong fluctuations but AUD seems to be making recovery as well. IF it holds this channel for another week then we can see a major BULL RUN.

wickywicks

Pretty Simple Actually 1.67 seems to be demand zone We've got Hammed CandleStick on D TF. Rising Wedge holding. Chances for BULLISH are quite strong here.