GOLD (#XAUUSD): Time to Recover?!
The πGold price formed a cup and handle pattern and has broken its neckline on an hourly timeframe.
This indicates a confirmed Change of Character (CHoCH) and suggests a local bullish reversal.
The market may begin to recover and could reach the 4230 resistance level in the near future.
βββββββββ
Hourly time frame
βββββββββ
Tested and Trusted Broker π
https://one.exnesstrack.org/a/u0exuwlj08
The πGold price formed a cup and handle pattern and has broken its neckline on an hourly timeframe.
This indicates a confirmed Change of Character (CHoCH) and suggests a local bullish reversal.
The market may begin to recover and could reach the 4230 resistance level in the near future.
βββββββββ
Hourly time frame
βββββββββ
Tested and Trusted Broker π
https://one.exnesstrack.org/a/u0exuwlj08
GOLD (#XAUUSD): Will Downtrend Continue?
Gold is currently showing a prolonged bearish trend.
The recent violation of a significant intraday support cluster and the formation of a new lower low and lower close indicate considerable selling pressure.
It is highly probable that another downward movement will commence from this point, heading towards the subsequent support level.
βββββββββ
4H time frame
βββββββββ
Tested and Trusted Broker π
https://one.exnesstrack.org/a/u0exuwlj08
Gold is currently showing a prolonged bearish trend.
The recent violation of a significant intraday support cluster and the formation of a new lower low and lower close indicate considerable selling pressure.
It is highly probable that another downward movement will commence from this point, heading towards the subsequent support level.
βββββββββ
4H time frame
βββββββββ
Tested and Trusted Broker π
https://one.exnesstrack.org/a/u0exuwlj08
π₯5
GOLD (#XAUUSD): One More Breakout
As I predicted earlier, πGold experienced a notable decline following a significant structural breakout. It appears the price successfully breached an additional support level.
The pair closed below 4072 - 4024 area.
The broken structure turned into a key resistance.
We might foresee a continued bearish trend towards the 3900 level.
βββββββββ
4H time frame
βββββββββ
Tested and Trusted Broker π
https://one.exnesstrack.org/a/u0exuwlj08
As I predicted earlier, πGold experienced a notable decline following a significant structural breakout. It appears the price successfully breached an additional support level.
The pair closed below 4072 - 4024 area.
The broken structure turned into a key resistance.
We might foresee a continued bearish trend towards the 3900 level.
βββββββββ
4H time frame
βββββββββ
Tested and Trusted Broker π
https://one.exnesstrack.org/a/u0exuwlj08
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GOLD (#XAUUSD): Short-Term Bullish Signal
Gold has breached a resistance level within a narrow consolidation range on an hourly chart.
There is a high probability that the market will continue its recovery.
The next target for buyers is set at 4075.
βββββββββ
Hourly time frame
βββββββββ
Tested and Trusted Broker π
https://one.exnesstrack.org/a/u0exuwlj08
Gold has breached a resistance level within a narrow consolidation range on an hourly chart.
There is a high probability that the market will continue its recovery.
The next target for buyers is set at 4075.
βββββββββ
Hourly time frame
βββββββββ
Tested and Trusted Broker π
https://one.exnesstrack.org/a/u0exuwlj08
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The Ace Trading (Free Forex Signals)
GOLD (#XAUUSD): Short-Term Bullish Signal Gold has breached a resistance level within a narrow consolidation range on an hourly chart. There is a high probability that the market will continue its recovery. The next target for buyers is set at 4075. ββββββββββ¦
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#EURUSD: Classic Reversal Loading... Donβt Miss the Breakout!
The β οΈEURUSD pair formed a significant cup and handle pattern. Its neckline is currently based on the resistance level.
Your next strong bullish signal will be its breakout and a 4H candle close above 1.1440.
Buy the market then, expecting a rise at least to the 1.1480 resistance level.
βββββββββ
4H time frame
βββββββββ
Tested and Trusted Broker π
https://one.exnesstrack.org/a/u0exuwlj08
The β οΈEURUSD pair formed a significant cup and handle pattern. Its neckline is currently based on the resistance level.
Your next strong bullish signal will be its breakout and a 4H candle close above 1.1440.
Buy the market then, expecting a rise at least to the 1.1480 resistance level.
βββββββββ
4H time frame
βββββββββ
Tested and Trusted Broker π
https://one.exnesstrack.org/a/u0exuwlj08
SILVER (#XAGUSD): Another Bearish Wave Coming?!
β οΈSilver may drop significantly one more time. The current price action seems to be a corrective movement.
The correction happened within a bearish flag pattern.
Its support violation may initiate another round of selling with a highly probable continuation to 55.00.
βββββββββ
4H time frame
βββββββββ
Tested and Trusted Broker π
https://one.exnesstrack.org/a/u0exuwlj08
β οΈSilver may drop significantly one more time. The current price action seems to be a corrective movement.
The correction happened within a bearish flag pattern.
Its support violation may initiate another round of selling with a highly probable continuation to 55.00.
βββββββββ
4H time frame
βββββββββ
Tested and Trusted Broker π
https://one.exnesstrack.org/a/u0exuwlj08
β€2
#EURUSD: Selling Opportunity
It appears that πEURUSD is preparing for another downward movement.
The market has completed a period of consolidation, breaching a horizontal range support on a 4-hour chart.
The immediate support level is identified at 1.1350.
We anticipate this level will be tested in the near future.
βββββββββ
4H time frame
βββββββββ
Tested and Trusted Broker π
https://one.exnesstrack.org/a/u0exuwlj08
It appears that πEURUSD is preparing for another downward movement.
The market has completed a period of consolidation, breaching a horizontal range support on a 4-hour chart.
The immediate support level is identified at 1.1350.
We anticipate this level will be tested in the near future.
βββββββββ
4H time frame
βββββββββ
Tested and Trusted Broker π
https://one.exnesstrack.org/a/u0exuwlj08
π‘1
GOLD (#XAUUSD): Market Outlook & Short Update
Gold Update:
I received multiple requests to provide an update after the last predicted bounce before the target level of 3900.
Gold is currently consolidating within a horizontal parallel channel (range).
The market will likely stay within these boundaries until today's high-impact US NFP and Unemployment Rate releases.
For now, look for trading opportunities near the range boundaries.
Once the news drops, a breakout will provide strong confirmation of the market's future direction. Though I'm expecting a bullish breakout.
βββββββββ
4H time frame
βββββββββ
Tested and Trusted Broker π
https://one.exnesstrack.org/a/u0exuwlj08
Gold Update:
I received multiple requests to provide an update after the last predicted bounce before the target level of 3900.
Gold is currently consolidating within a horizontal parallel channel (range).
The market will likely stay within these boundaries until today's high-impact US NFP and Unemployment Rate releases.
For now, look for trading opportunities near the range boundaries.
Once the news drops, a breakout will provide strong confirmation of the market's future direction. Though I'm expecting a bullish breakout.
βββββββββ
4H time frame
βββββββββ
Tested and Trusted Broker π
https://one.exnesstrack.org/a/u0exuwlj08
π1
DOLLAR INDEX (#DXY): Intraday Bearish Signal
It appears that the πDollar Index is positioned to drop after a test of a significant intraday horizontal resistance.
A bearish breakout of the support line of a rising wedge pattern provides substantial confirmation.
Goal - 100.69
βββββββββ
4H time frame
βββββββββ
Tested and Trusted Broker π
https://one.exnesstrack.org/a/u0exuwlj08
It appears that the πDollar Index is positioned to drop after a test of a significant intraday horizontal resistance.
A bearish breakout of the support line of a rising wedge pattern provides substantial confirmation.
Goal - 100.69
βββββββββ
4H time frame
βββββββββ
Tested and Trusted Broker π
https://one.exnesstrack.org/a/u0exuwlj08
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GOLD (#XAUUSD): Bearish Trend Will Resume Soon?!
It looks like πGOLD is showing bearish tendencies subsequent to testing a significant daily/intraday horizontal resistance level.
The price formed an inverted cup and handle pattern, and its neckline has been violated with a strong bearish candle.
Given that the pair is currently trading within a broader bearish trend, there is a high probability of this trend continuing in the near future.
I anticipate a bearish continuation, at least to the 4090 level.
βββββββββ
4H time frame
βββββββββ
Tested and Trusted Broker π
https://one.exnesstrack.org/a/u0exuwlj08
It looks like πGOLD is showing bearish tendencies subsequent to testing a significant daily/intraday horizontal resistance level.
The price formed an inverted cup and handle pattern, and its neckline has been violated with a strong bearish candle.
Given that the pair is currently trading within a broader bearish trend, there is a high probability of this trend continuing in the near future.
I anticipate a bearish continuation, at least to the 4090 level.
βββββββββ
4H time frame
βββββββββ
Tested and Trusted Broker π
https://one.exnesstrack.org/a/u0exuwlj08
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