The Ace Trading (Free Forex Signals)
2.4K subscribers
4.77K photos
19 videos
3 files
1.77K links
PRO Trader and Trading Mentor With 6-Year Experience

Trading Education & Technical Analysis

This channel is made for beginners who want to learn, invest & understand FOREX. We will post the Forecast, and trading ideas.

Contact - @Ask_linofx1
Download Telegram
GOLD (#XAUUSD): Time to Recover?!

The πŸ“ˆGold 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.
β€”β€”β€”β€”β€”β€”β€”β€”β€”
Hourly time frame
β€”β€”β€”β€”β€”β€”β€”β€”β€”
Tested and Trusted Broker πŸ‘‡
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.
β€”β€”β€”β€”β€”β€”β€”β€”β€”
4H time frame
β€”β€”β€”β€”β€”β€”β€”β€”β€”
Tested and Trusted Broker πŸ‘‡
https://one.exnesstrack.org/a/u0exuwlj08
πŸ”₯5
GOLD (#XAUUSD): One More Breakout

As I predicted earlier, πŸ“‰Gold 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.
β€”β€”β€”β€”β€”β€”β€”β€”β€”
4H time frame
β€”β€”β€”β€”β€”β€”β€”β€”β€”
Tested and Trusted Broker πŸ‘‡
https://one.exnesstrack.org/a/u0exuwlj08
πŸ‘2❀1
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.
β€”β€”β€”β€”β€”β€”β€”β€”β€”
Hourly time frame
β€”β€”β€”β€”β€”β€”β€”β€”β€”
Tested and Trusted Broker πŸ‘‡
https://one.exnesstrack.org/a/u0exuwlj08
❀2
#EURUSD: Classic Reversal Loading... Don’t Miss the Breakout!

The ⚠️EURUSD 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.
β€”β€”β€”β€”β€”β€”β€”β€”β€”
4H time frame
β€”β€”β€”β€”β€”β€”β€”β€”β€”
Tested and Trusted Broker πŸ‘‡
https://one.exnesstrack.org/a/u0exuwlj08
SILVER (#XAGUSD): Another Bearish Wave Coming?!

⚠️Silver 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.
β€”β€”β€”β€”β€”β€”β€”β€”β€”
4H time frame
β€”β€”β€”β€”β€”β€”β€”β€”β€”
Tested and Trusted Broker πŸ‘‡
https://one.exnesstrack.org/a/u0exuwlj08
❀2
There will be a significant number of impactful news releases within the next hour.
#EURUSD: Selling Opportunity

It appears that πŸ“‰EURUSD 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.
β€”β€”β€”β€”β€”β€”β€”β€”β€”
4H time frame
β€”β€”β€”β€”β€”β€”β€”β€”β€”
Tested and Trusted Broker πŸ‘‡
https://one.exnesstrack.org/a/u0exuwlj08
😑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.
β€”β€”β€”β€”β€”β€”β€”β€”β€”
4H time frame
β€”β€”β€”β€”β€”β€”β€”β€”β€”
Tested and Trusted Broker πŸ‘‡
https://one.exnesstrack.org/a/u0exuwlj08
πŸ‘1
High-impact U.S. news in 25 minutes! πŸ””
Do not forget that today is an official banking holiday in the USβ€”Independence Day.
πŸ‘1
🫠🫠🫠
πŸ˜†
🀣5
DOLLAR INDEX (#DXY): Intraday Bearish Signal

It appears that the πŸ“‰Dollar 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
β€”β€”β€”β€”β€”β€”β€”β€”β€”
4H time frame
β€”β€”β€”β€”β€”β€”β€”β€”β€”
Tested and Trusted Broker πŸ‘‡
https://one.exnesstrack.org/a/u0exuwlj08
❀4
GOLD (#XAUUSD): Bearish Trend Will Resume Soon?!

It looks like πŸ“‰GOLD 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.
β€”β€”β€”β€”β€”β€”β€”β€”β€”
4H time frame
β€”β€”β€”β€”β€”β€”β€”β€”β€”
Tested and Trusted Broker πŸ‘‡
https://one.exnesstrack.org/a/u0exuwlj08
πŸ‘6