XAUUSD - Gold By HesamUNT

5 Nis

hey traders
look at the chart, gold still playing in a bullish parallel channel
blue lvls = long-term fib ext
yellow lvls = long-term dynamic lvls ( Pitchfan )
white lvls = long-term fib retracement

all these 3 lvls confirm this area for potential resistance area
as long we play below the dynamic and fibs in 4H n daily TF, we can expect the selling pressure to the marked area in the chart
what u think about Gold ?
share ur chart n leave a comment

9 Nis

İşlem aktif

entry 2358.403

9 Nis

Not

we gt the first rejection

9 Nis

Not

EMA 50-200 bearish cross will b one of the confirmation for brearish scenario n we dont have it yet

9 Nis

Not

this time we need 2 go below the area and candles need to stabilize below the EMAs, if it happen, the green area must turn to red, it will b one of the confirmations for the bearish scenario

10 Nis

Not

we got the bearish cross here


candles need to close below the channels n fib in 4H TF for next move

22 Nis

Not

Still valid and rejecting from the HTF

30 Nis

Not

Still rejection from the Higher TF, make sure u will protect ur profit

Make sure u will protect ur profite