
Saif_R
@t_Saif_R
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Saif_R

Dear All, Here is another bullish momentum expected in GOLD, We can see precise continuation after breaking last structure level, Looking to find bullish structure before 2470 price level, Feel free to comment your ideas, good luck

Saif_R

Hello All, Hope you're doing well, There is always technical and fundamental reasons and meeting at the same point, As we know from last week Japan are selling GOLD reserve to regain their economy and yields / bonds, Market ha huge supply of GOLD which will cause the price to push down and correct deeper, I am looking for short once there's suitable corrective continuation. Support me with your comments and likes :)

Saif_R

Hey Everyone, Hope you doing great Before going depth explanation of my setup I would like you to see this chart including indicator, Price has moved in smaller area but on LTF's almost there is over sold status, Which is indicating that price is ready to develop reversal structure which may lead to push down, Well in my previous analysis I have mentioned bullish momentum as per structure development, Current situation for me is that watch for reversal structure for possible push down (Bearish) since I am no longer interested in buying more from these high level of prices, If there is continuation development at this point then this analysis will be invalid, Hit you Ideas in comments

Saif_R

Het Mates, Hope you are doing great, In my recent video sessions I am explaining all the time XAUUSD is still bearish, And what the price is doing all the time, Is it all trap for buyers until huge liquidity will be grabbed from the market, I am looking for important areas to consider long, 2277 where price will make double bottom, 2190 where price will finally finish structure, Currently all we can see more push down in price since strong reversal impulse is captured late Friday, after correction we will another push down and we won't consider long until following condition fulfilled, 2277 reversal impulse followed by correction or Bullish price action, Do you following my video sessions ? Comment me your answers

Saif_R

Dear All, Hope you are doing great, I have explained in my previous video why I was looking for bearish momentum in GOLD, As per market development price did accordingly push down move, Now what is next ? after another bearish impulse next correction really does matters, So I am looking for all possible correction will will decide where price want to move but, I have some levels where I will be looking for reversal correction followed by impulse and then continuation correction, anyway for now I am more in favor of selling pressure till 2230 area, See my last analysis : If you like this analysis hit like and comment

Saif_R

Hello Everyone, Hope you're enjoying weekend In my earlier analysis I have posted possibility of bearish momentum : Now god willing price has reached on a very interesting zone, What I am looking at is potential double top, ascending channel and bearish price action on LTF, More interesting part in this analysis is that we have very small risk and very big reward, I want you to understand that this push down will not be strong as bullish momentum since it is going to be all corrective phase, but yeah all you stuck in selling could possibly get out safely. Do you really think this analysis helped you ? Your likes and comments will show thisOrder cancelled

Saif_R

Dear All, Hope you're doing great, I came with another bearish plan since I am not looking GOLD bullish anymore, In my understanding GOLD has made its high and now needs time for deep continuation correction for new highs, Here we go to the analysis, Price has developed continuation correction where we can see ATH as well, Definitely there's no reason to buy this pair from these high prices, I am looking short from 2400 $ - 2420 $ , Watch your capital and take risk accordingly. Good luck and hit like and comment if you like this Idea,

Saif_R

Dear All, Hope you're doing well, The entire day after studying the movement and possible direction of GOLD I have really found what most of the traders are missing in the setup, While prices are pushing up a lot of you are now gonna execute long position, Well in my perspective I am looking for potential push down since after bearish impulse price has developed continuation correction, I am again looking for bearish reversal on the structure level, Good luck and manage risk accordingly your capacity

Saif_R

Hello traders Price has approached historical high, with development of ascending channel which is a strong confluence of bearish move, I will be looking for reversal structure to confirm the short.

Saif_R

Hello Traders As in my last analysis of XAUUSD I mentioned selling opportunity and market exactly did the same. Here after strong bearish push down we have 2 scenarios. 1) if the price will start making continuation correction from the current level then we can go for short opportunity after completion of correction.2) If the price continue pushing down with the impulse and break this ascending expending channel then after the continuation we can short with small risk. Watch for latest updates everyday.
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