Hey everyone this is your boy Hunbal! I am looking for a good buy trade ready for Monday market open session XAUUSD is ready for a bull run I have 2 confirmations one the rejection from the support level and second choc in m30 time frame so we are hoping a good buy from here (2690) our take profit will be 200 pips 2710 and our stop loss will be 100 pips 2680 I wish we all together print some money. Good Luck :)
OANDA:XAUUSD Gold is showing bullish trend in weekly time frame, making HH and HL and showing probability of making fifth wave as per Elliot theory around 3068 if we apply Fib numbers once it breaks level of 2788. On weekly timeframe buying may be done after breakout above 2788 with SL 2556, TP 1 3020 as per harmonics. No divergence is found on weekly timeframe. It may take 6 months for waves to form.
Hello Traders, The market will open soon, and I’d like to share my analysis on XAU/USD (Gold). Analysis Overview: Price Action: XAU/USD has rejected its recent higher high, signaling potential bearish momentum. Fundamental Considerations: We are also seeing news related to risk-on sentiment, which could further pressure gold prices. Sell Zone: Based on current price action, I’m eyeing a sell zone around 2689 for potential entry. Technical Target: The technical target for this setup is 2665, where we might see a potential reversal or support.
In this analysis, we dive deep into the AUD/USD pair, highlighting its ongoing bearish momentum and key levels to watch. Starting from the monthly timeframe, we explore the AUD’s struggles against the USD, identifying a strong bearish close in December and potential continuation downward. Key Highlights: • The Aussie Dollar has been in a 14-week downtrend , with the .6130 support level now in focus. • On the H4 timeframe , we’re looking for a pullback to areas like .6180 or a liquidity sweep around .6200 for potential sell opportunities. • Why the USD matters: The Dollar Index (DXY) shows bullish strength with strong volume increases, higher highs, and key resistance levels broken. These indicate continued pressure on AUD/USD. Expectations: • A potential break of the .6130 support level with further bearish movement as the USD strengthens. • Watch for reactions at key levels and pullbacks before entering short positions. If this breakdown was helpful, boost the post, share it with your trading circle, and let us know in the comments what pair you’d like analyzed next. Let’s keep dominating the markets! ?? #AUDUSD #ForexAnalysis #TradingInsights #DXY
Hello dear traders! Share Your Openion About This Idea Date 13/Jan/2025 Gold current Price 2689 in My analysis of XAU/USD (Gold Spot vs. USD) on the 4-hour timeframe. The price is moving within an ascending channel with clear trendline With support and resistance levels. Breakout Analysis: The price has recently broken out of the ascending channel, indicating potential bullish momentum. Key Levels: Resistance near 2720, Which aligns with the take-profit level. Local Support Around 2674, As the stop-loss level to manage downside risk. Strong Support in the lower zone, providing a safety net for bearish reversals. Trend Direction: The upward trajectory reflects sustained bullish interest, supported by the ascending channel and breakout. My Suggestion is Set 2720 As Take Profit while maintaining risk management At Stop-loss at 2674.
Wait for retest the entry level then take a trade for Sell otherwise skip this setup
Infosys has formed an inverse H&S pattern on the MTF .The stock is close to breaking the neck line. Watch it carefully. This a multi year breakout possibility.
Zomato has given a Fake breakout Setup in its Weekly Time Frame, In Daily Setup it came at support - from this support it can bounce back at levels of 259-260(GAP) This Gap can work as resistance for this----I am planning to Short at these levels Which is Eventually Stop loss also
This is just my personal opinion My Weekly Analysis for January 13 - 17, 2025and not for buying or selling.
Wait for retest the key level then take a trade for Sell otherwise skip this setup