lilsheggwen

In this video i explained how to use market structure and fibonacci to pick a high probable trade. this strategy is simple and profitable if you can learn how to see the structure in the price action

gold rebounce from the 2000 resistace. we are hoping it continues to drop back to 1917

Gold shows a head and shoulder partern at the 2000 resistance level. the sell is expected to continue as this might show a sign of downtrend.

In this analysis am still expecting the bearish movement on XAUUSD to continue based on the exhaustion on weekly timeframe. the expectation is that gold will hit 1890. but might opened retracing to either 1855 or 1830.

we achieve our target for week 2, and the downtrend is still intact and keep creating a new structure low, this week we expect XAUUSD to hit 1800 which is our ultimate level

xauusd broke the long uptrend movement from H4, which makes it logical for us to look for a sell set up, after breaking out from the recent flag pattern, xauusd is expected to retest the previous high created and sell further

xauusd respected the supply level at 1780, making us think xauusd might be bearish till the previous resistance that was broken at 1731. futhermore we assume that this resistance @1731 will now become support to push xauusd bullish. kindly note this assumption is from a daily perspective, you might need to go to a lower timeframe for a better entry.

A bullish bias on xauusd. Last week started the bullish run, changing our bias from the long sell we've been seeing in the market.also note the highlighted resistance which could drive the market downside

still very bullish on Xauusd, it tookoff 3 equal highs at 1680, this is significant to think bullish but this becomes more verified if it takes of the resistant at 1681. Then we expect Gol to have a sweet run to 1725

xauusd reacted to the weekly support @1680 showing us a nice double bottom. to further justify the bullish bias, xauusd closes above the bearish trend on D1 that started in August 2022, therefore Gold is expected to continue the bullish run as a pullback to the major downtrend on the weekly timeframe.