Trading_Zone_3773
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Trading_Zone_3773
Look at Daily time frame, price is now approaching strong demand zone. We are expecting rejection to upside From H1 time frame, a double bottom is formed. Price will re-test neckline before going up. Let' ready for BUY opportunities. XAUUSD XAUUSD XAUUSD
Trading_Zone_3773
Weekly just did nice breakout from super strong resistance. Price tend to pullback to before continuing to higher price. H4 time frame: We can price divergence: price is making higher high while AO is making lower high. The buyer is geting weaker. Let's monitor price action and look for SELL XAUUSD XAUUSD XAUUSD
Trading_Zone_3773
DXY H4 : Price is in strong demand + support, tend to go up. There will be a sell pressure to GOLD,xxxUSD pair. GOld H4 : After break of structure, price just re-tested Bullish order block + supply. We will look for SELL XAUUSD XAUUSD XAUUSD
Trading_Zone_3773
For GOLD, price just did a super nice breakout from strong support zone. Let's wait for price to re-test resistance zone ( support breakout become resistance) Take profit area for SELL order as below: Tp1: 1980 Tp2: 1940 XAUUSD XAUUSD XAUUSD
Trading_Zone_3773
For GOLD, we have a strong demand zone + support. Also, we have pin bar candles when price re-test this zone. Let's monitor price action and look for BUY if any XAUUSD XAUUSD XAUUSDPrice reached TP 1 as 2039
Trading_Zone_3773
For GOLD, the resistance zone got breakout and re-tested. This is a very nice price action. Let's find BUY entry in smaller time frame XAUUSD XAUUSD XAUUSD XAUUSD
Trading_Zone_3773
Multi-time frame analysis for GOLD. Do not waste this big BUY opportunity. Let’s analyze DXY as this is related to all xxxUSD and GOLD movements. We can see that there is a Quasimodo SELL pattern here. Price is now re-testing base zone to downtrend. Meaning there will be a bullish momentum to GOLD/xxUSD GOLD H4: Price just retested support zone (neckline of multi bottom). GOLD H1: Double bottom got breakout and retested. Bullish trend is confirmed. GOLD XAUUSD XAUUSD XAUUSD
Trading_Zone_3773
For GOLD, let's wait for price to breakout from multi bottom pattern. Then look for buy XAUUSD XAUUSD XAUUSDNice entry with 1:2 profit
Trading_Zone_3773
Hi friend ! For GOLD, price has not made any clear trend. Let's monitor price action at those level. Do not rust to entry. Happy trading XAUUSD XAUUSD XAUUSD
Trading_Zone_3773
As you may know, DXY movement will have a strong impact to GOLD, xxxUSD pair.From H4 timeframe, we can see that DXY got breakout from strong resistance to upside. Meaning there will be a SELL pressure to GOLD, xxxUSD pair. For GOLD, price got rejected as resistance + double top pattern got breakout.We should consider to look for SELL entry in smaller time frame: XAUUSD XAUUSD XAUUSDPrice is moving as expected. Supper nice trade
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