zain425

zain425

EURUSD | Parallel Chennels Down trend eurusd is currentely in downtrend and consolidating in Parallel chennels from Lower low to lower high and printing new lower lows also we have very high impact news this week so we can expect a more downside move expect mostly according to seasonality eur will drop more in sep month...

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GOLD Bearish Sentiment overall bearish momentum there is huge Sell side liquidity fundamental all support GOLD will retrace to downside then an upward rally will start toward 2800 to 3000 zone next year

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Currently the Fundamental OF gold is all positive also on all these Higher time frames The Structure is Bullish and now at this point we can expect to retrace further downside3 and test the trendline support then we can expect some upsides moves all depend on FA.

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AUDCAD just broke the trendline now in a phase where possibilities are retest of trendline. High Probability that the uptrend will change in to Down trend.

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The XAU/USD chart is forming a parallel channel and making new higher highs and higher lows according to Dow Theory and pattern analysis. On a higher time frame, the structure of GOLD is bullish. However, on a lower time frame, we can expect a slight downside move to sweep out liquidity before the upside rally begins. Fundamentally, the outlook for gold is bullish.

zain425 Updated 

The XAU/USD chart is forming a parallel channel and making new higher highs and higher lows according to Dow Theory and pattern analysis. On a higher time frame, the structure of GOLD is bullish. However, on a lower time frame, we can expect a slight downside move to sweep out liquidity before the upside rally begins. Fundamentally, the outlook for gold is bullish.

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A bullish trend with higher highs and higher lows is a price pattern seen in financial markets, which suggests that an asset is experiencing an uptrend. This pattern is characterized by a series of higher highs and higher lows, where each high and low is higher than the previous one. A higher high occurs when an asset's price reaches a new peak that is higher...

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Higher highs and higher lows are terms used in technical analysis to describe a pattern of price movements in a financial market or asset. Higher highs refer to a pattern where each new high price in a trend is higher than the previous high price. This indicates that the market is experiencing an upward trend and that buyers are willing to pay increasingly higher...