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β 5 out of 6 ΠURUSD came true
β 3 out of 3 NZDUSD came true
β 16 out of 18 AUDUSD came true
β 8 out of 9 AUDCHF came true
β 6 out of 7 USDCAD came true
β 7 out of 9 USDJPY came true
β 6 out of 7 GBPAUD came true
β 10 out of 11 AUDJPY came true
β 7 out of 9 CHFJPY came true
β 7 out of 9 ΠURAUD came true
β 4 out of 5 EURGBP came true
β 12 out of 14 AUDCAD came true
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πSite
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πTRADING COURSEπ Link
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β¬οΈResults for FREE forecasts
β 5 out of 6 ΠURUSD came true
β 3 out of 3 NZDUSD came true
β 16 out of 18 AUDUSD came true
β 8 out of 9 AUDCHF came true
β 6 out of 7 USDCAD came true
β 7 out of 9 USDJPY came true
β 6 out of 7 GBPAUD came true
β 10 out of 11 AUDJPY came true
β 7 out of 9 CHFJPY came true
β 7 out of 9 ΠURAUD came true
β 4 out of 5 EURGBP came true
β 12 out of 14 AUDCAD came true
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πSite
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π₯FEEDBACKS from πTRADING COURSE
πTrading Course Includes:
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π No unnecessary information - you get as much as possible only the NEEDEDβ¦
πTrading Course Includes:
π 9 topics (more than 10 hours of material)
π Updating of the material
π Communication with Lingrid and answers to your questions
π No unnecessary information - you get as much as possible only the NEEDEDβ¦
Lingrid Forex Signals
Hello friendsβ€οΈ #EURUSD πNew forecast The price perfectly fulfilled my last idea.π It literally tanked hit the target zone. EURUSD is currently retracing towards the resistance zone after its recent breakout‡οΈfrom the range zone. On the 1H timeframeβ¦
Hello friendsβ€οΈ
#EURUSD
πUPDATE
The price perfectly fulfilled my last idea.π The market has recently retraced β€΄οΈ back to the resistance zone and the channel's border, only to bounce off it. As you can see, the price action has takenπͺ liquidity below the equal low and pulled back to the resistance level, where a π» bearish move unfolded.
I'm expecting a potential rejection at this level,γ½οΈ as the market structure has shifted to π lower lows and lower closes, indicating that the market may struggle to break above this resistance zone. If it does manage to close above this level,βοΈ it's likely to consolidate further.π Instead, I'm anticipating a retest of the round psychological support level.
π―My goal is the support level, at round number 1.08000
βββββββββ
My past forecasts on EURUSDπ©βπ»
β1EURUSD +21pβ
β2EURUSD +43pβ
β3EURUSD +24pβ
β4EURUSD -16pβ
β5EURUSD +22pβ
β6EURUSD +68pβ
#EURUSD
πUPDATE
The price perfectly fulfilled my last idea.π The market has recently retraced β€΄οΈ back to the resistance zone and the channel's border, only to bounce off it. As you can see, the price action has takenπͺ liquidity below the equal low and pulled back to the resistance level, where a π» bearish move unfolded.
I'm expecting a potential rejection at this level,γ½οΈ as the market structure has shifted to π lower lows and lower closes, indicating that the market may struggle to break above this resistance zone. If it does manage to close above this level,βοΈ it's likely to consolidate further.π Instead, I'm anticipating a retest of the round psychological support level.
π―My goal is the support level, at round number 1.08000
βββββββββ
My past forecasts on EURUSDπ©βπ»
β1EURUSD +21pβ
β2EURUSD +43pβ
β3EURUSD +24pβ
β4EURUSD -16pβ
β5EURUSD +22pβ
β6EURUSD +68pβ
TradingView
Lingrid | EURUSD trend SHIFT for FX:EURUSD by Lingrid
The price perfectly fulfilled my last idea. It literally tanked hit the target zone. FX:EURUSD is currently retracing towards the resistance zone after its recent breakout from the range zone. On the 1H timeframe, the market has been correcting its downwardβ¦
#AUDUSD
πNew forecast
The price perfectly fulfilled my previous idea.π It went up and hit the target. AUDUSD has recently formed an equal low, followed by a β€΄οΈ bounce off the support level, which is now being tested against the resistance and upward trendline area. On the daily timefram,π we can observe that the market briefly dropped below the significant level of 0.66500, which has acted as both a πͺ strong support and resistance zone in the past.
This suggests that theπ» bears are currently in control, as they have managed to push the price below this level. On the 4H chart, the market appears to be ranging,π with the price pulling back after an initial π impulse leg. With bearish momentum building, I expect a test of the support level in the near future.π
π―My target is 0.66075 support level.
βββββββββ
My past forecasts on AUDUSDπ©βπ»
β1AUDUSD +28pβ
β2AUDUSD +25pβ
β3AUDUSD +84pβ
β4AUDUSD +55pβ
β5AUDUSD +34pβ
β6AUDUSD - 22pβ
β7AUDUSD +43pβ
β8AUDUSD +82pβ
β9AUDUSD +37pβ
πNew forecast
The price perfectly fulfilled my previous idea.π It went up and hit the target. AUDUSD has recently formed an equal low, followed by a β€΄οΈ bounce off the support level, which is now being tested against the resistance and upward trendline area. On the daily timefram,π we can observe that the market briefly dropped below the significant level of 0.66500, which has acted as both a πͺ strong support and resistance zone in the past.
This suggests that theπ» bears are currently in control, as they have managed to push the price below this level. On the 4H chart, the market appears to be ranging,π with the price pulling back after an initial π impulse leg. With bearish momentum building, I expect a test of the support level in the near future.π
π―My target is 0.66075 support level.
βββββββββ
My past forecasts on AUDUSDπ©βπ»
β1AUDUSD +28pβ
β2AUDUSD +25pβ
β3AUDUSD +84pβ
β4AUDUSD +55pβ
β5AUDUSD +34pβ
β6AUDUSD - 22pβ
β7AUDUSD +43pβ
β8AUDUSD +82pβ
β9AUDUSD +37pβ
TradingView
Lingrid | AUDUSD target for SHORT Position for FX:AUDUSD by Lingrid
The price perfectly fulfilled my previous idea. It went up and hit the target. FX:AUDUSD has recently formed an equal low, followed by a bounce off the support level, which is now being tested against the resistance and upward trendline area. On the dailyβ¦
Lingrid Forex Signals
#GOLD πNew forecast Our current focus is onπ identifying the optimal entry point within the zone formed between 2350 and 2375. As we can see, the XAUUSD is currently slowing downπ after experiencing a π bearish momentum, which is likely to lead to a pullback.β¦
#GOLD
πUPDATE
The price perfectly fulfilled my previous idea.π It went up to entry zone and rebounded from it. The market's recent consolidation after its π» bearish momentum has beenπ€ annoyingly steady. Despite this, the price action has created a distinctive equal lows and lower highs, which suggests a compression channel is forming.π©
Given the importance of closing the π·οΈ monthly candle, I expect the market to π remain stuck in neutral today, likely trading sideways. However, if the market can push past the key π resistance level at 2350, I believe we may see a reversal, potentially leading to another lower high as the price corrects itself.π
π―My goal is support level at 2323.
πUPDATE
The price perfectly fulfilled my previous idea.π It went up to entry zone and rebounded from it. The market's recent consolidation after its π» bearish momentum has beenπ€ annoyingly steady. Despite this, the price action has created a distinctive equal lows and lower highs, which suggests a compression channel is forming.π©
Given the importance of closing the π·οΈ monthly candle, I expect the market to π remain stuck in neutral today, likely trading sideways. However, if the market can push past the key π resistance level at 2350, I believe we may see a reversal, potentially leading to another lower high as the price corrects itself.π
π―My goal is support level at 2323.
TradingView
Lingrid | GOLD Weekly MARKET OUTLOOK for OANDA:XAUUSD by Lingrid
Last week was a tough period for gold, marked by a sharp reversal where the bull's momentum suddenly gave way to a bearish surge. The bull takes the stairs, the bear jumps out the window as they say. The sudden correction was not a surprise, but rather aβ¦
π€―Is GOLD going down?
Friends, well, the resistance zone has successfully πͺcontained Gold and it seems that it has begun to fall towards the π―target.
What do you think, will it reach the end of the day or not?π€
Friends, well, the resistance zone has successfully πͺcontained Gold and it seems that it has begun to fall towards the π―target.
What do you think, will it reach the end of the day or not?π€
Lingrid Forex Signals
#GOLD πUPDATE The price perfectly fulfilled my previous idea.π It went up to entry zone and rebounded from it. The market's recent consolidation after its π» bearish momentum has beenπ€ annoyingly steady. Despite this, the price action has created a distinctiveβ¦
πGoal Reached
π₯+290 pipsπ₯
π₯+290 pipsπ₯
PROFIT week has come to an end
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β 5 out of 6 ΠURUSD came true
β 3 out of 3 NZDUSD came true
β 8 out of 9 AUDUSD came true
β 8 out of 9 AUDCHF came true
β 6 out of 7 USDCAD came true
β 7 out of 9 USDJPY came true
β 6 out of 7 GBPAUD came true
β 10 out of 11 AUDJPY came true
β 7 out of 9 CHFJPY came true
β 7 out of 9 ΠURAUD came true
β 4 out of 5 EURGBP came true
β 12 out of 14 AUDCAD came true
ββββββββββ
π₯@LingridChannel_bot
πSite
βββββββββ
πTRADING COURSEπ Link
π»TOP Brokersπ Link
πͺCRYPTO
+π₯YouTube & π²IG
ββββββββββ
β¬οΈResults for FREE forecasts
β 5 out of 6 ΠURUSD came true
β 3 out of 3 NZDUSD came true
β 8 out of 9 AUDUSD came true
β 8 out of 9 AUDCHF came true
β 6 out of 7 USDCAD came true
β 7 out of 9 USDJPY came true
β 6 out of 7 GBPAUD came true
β 10 out of 11 AUDJPY came true
β 7 out of 9 CHFJPY came true
β 7 out of 9 ΠURAUD came true
β 4 out of 5 EURGBP came true
β 12 out of 14 AUDCAD came true
ββββββββββ
π₯@LingridChannel_bot
πSite
Telegram
Lingrid Forex Signals
π₯FEEDBACKS from πTRADING COURSE
πTrading Course Includes:
π 9 topics (more than 10 hours of material)
π Updating of the material
π Communication with Lingrid and answers to your questions
π No unnecessary information - you get as much as possible only the NEEDEDβ¦
πTrading Course Includes:
π 9 topics (more than 10 hours of material)
π Updating of the material
π Communication with Lingrid and answers to your questions
π No unnecessary information - you get as much as possible only the NEEDEDβ¦
βοΈIf you want more PROFIT...
I remind you that I haveπ CRYPTO Channel
Since Cryptocurrency is traded π24/7, this is a good opportunity for you not to stop trading.
In the group you will find:
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I'll be glad to see you thereβ€οΈ
I remind you that I haveπ CRYPTO Channel
Since Cryptocurrency is traded π24/7, this is a good opportunity for you not to stop trading.
In the group you will find:
πͺ free forecasts
πͺ signals
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I'll be glad to see you thereβ€οΈ
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π©CONTACT for paid signals @Lingrid
π’Tonight - FREE GOLD Analysis. don't do anything, just put Β«β€οΈΒ» and open tradesβΊοΈ
πGOLD ANALYSIS
βοΈMay closed with a long-tailed monthly candle, it's now clear that we have 2 consecutive long-tailed candles, which strongly suggests that the GOLD is struggling to stay above the key resistance level of 2400 - indication that the market is likely to continue its downward trendπ
Furthermore, considering the π¦seasonality indicator - June is typically a π»bearish month, we can expect a bearish move in the near future.
SUMMARY: we should be cautious and prepared for a potential decline.
βοΈOn the 4H chart, we can see that the market recently completed an impulse leg down, followed by a pause that lasted for week. This pattern suggests that there's a high likelihood that we'll see a second impulse leg develop in the near future.
βοΈOn the daily timeframe, we may see a broadening triangle formation developing, which could be a sign of the upcoming consolidation.
As such, we must remain vigilant and adapt our approach as new information arises.
βοΈMay closed with a long-tailed monthly candle, it's now clear that we have 2 consecutive long-tailed candles, which strongly suggests that the GOLD is struggling to stay above the key resistance level of 2400 - indication that the market is likely to continue its downward trendπ
Furthermore, considering the π¦seasonality indicator - June is typically a π»bearish month, we can expect a bearish move in the near future.
SUMMARY: we should be cautious and prepared for a potential decline.
βοΈOn the 4H chart, we can see that the market recently completed an impulse leg down, followed by a pause that lasted for week. This pattern suggests that there's a high likelihood that we'll see a second impulse leg develop in the near future.
βοΈOn the daily timeframe, we may see a broadening triangle formation developing, which could be a sign of the upcoming consolidation.
As such, we must remain vigilant and adapt our approach as new information arises.
Hello friendsβ€οΈ
#EURUSD
πNew forecast
After the recent news release, EURUSD β€΄οΈ has rebounded from the support level,πͺ taking out liquidity below the previous week's low. It's now headed towards the next resistance zone. The market has moved into a range zone,π where it has been consolidating for the past two weeks.
However, given the π strong bullish trend on the 4H timeframe, I expect a pullback towards the support level, where the price has bounced off βοΈ several times in the past. Following this pullback,β€΅οΈ I expect an upward move towardsπ the strong resistance.
π―My goal is the resistance zone at 1.09300
βββββββββ
My past forecasts on EURUSDπ©βπ»
β1EURUSD +21pβ
β2EURUSD +43pβ
β3EURUSD +24pβ
β4EURUSD -16pβ
β5EURUSD +22pβ
β6EURUSD +68pβ
β7EURUSD -19pβ
#EURUSD
πNew forecast
After the recent news release, EURUSD β€΄οΈ has rebounded from the support level,πͺ taking out liquidity below the previous week's low. It's now headed towards the next resistance zone. The market has moved into a range zone,π where it has been consolidating for the past two weeks.
However, given the π strong bullish trend on the 4H timeframe, I expect a pullback towards the support level, where the price has bounced off βοΈ several times in the past. Following this pullback,β€΅οΈ I expect an upward move towardsπ the strong resistance.
π―My goal is the resistance zone at 1.09300
βββββββββ
My past forecasts on EURUSDπ©βπ»
β1EURUSD +21pβ
β2EURUSD +43pβ
β3EURUSD +24pβ
β4EURUSD -16pβ
β5EURUSD +22pβ
β6EURUSD +68pβ
β7EURUSD -19pβ
TradingView
Lingrid | EURUSD consolidation Before NEW EXTENSION for FX:EURUSD by Lingrid
After the recent news release, FX:EURUSD has rebounded from the support level, taking out liquidity below the previous week's low. It's now headed towards the next resistance zone. The market has moved into a range zone, where it has been consolidating forβ¦
#GBPAUD
πNew forecast
GBPAUD recently broke out of a range,π only to fall back into the resistance zone and bounce off it. This double top pattern γ½οΈ suggests that the bulls' attempt to push the price higher was unsuccessful. With the overall market showing a bearish trend π» on the daily timeframe, marked by lower lows and lower closes, I believe the price is likely to continue its downward momentum. π»
Currently, the pair is trading just below the π psychological level of 1.92000, which I expect to serve as a strong πͺ resistance. I expect a rebound from this level, followed by a bearish move as the bears take control. β¬
π―My target is the support level 1.90910
βββββββββ
My past forecasts on GBPAUDπ©βπ»
β1GBPAUD+150pβ
β2GBPAUD +77pβ
β3GBPAUD+130pβ
β4GBPAUD+128pβ
β5GBPAUD - 45pβ
β6GBPAUD +25pβ
β7GBPAUD+105pβ
πNew forecast
GBPAUD recently broke out of a range,π only to fall back into the resistance zone and bounce off it. This double top pattern γ½οΈ suggests that the bulls' attempt to push the price higher was unsuccessful. With the overall market showing a bearish trend π» on the daily timeframe, marked by lower lows and lower closes, I believe the price is likely to continue its downward momentum. π»
Currently, the pair is trading just below the π psychological level of 1.92000, which I expect to serve as a strong πͺ resistance. I expect a rebound from this level, followed by a bearish move as the bears take control. β¬
π―My target is the support level 1.90910
βββββββββ
My past forecasts on GBPAUDπ©βπ»
β1GBPAUD+150pβ
β2GBPAUD +77pβ
β3GBPAUD+130pβ
β4GBPAUD+128pβ
β5GBPAUD - 45pβ
β6GBPAUD +25pβ
β7GBPAUD+105pβ
TradingView
Lingrid | GBPAUD double TOP at RESISTANCE zone. Short for FX:GBPAUD by Lingrid
FX:GBPAUD recently broke out of a range, only to fall back into the resistance zone and bounce off it. This double top pattern suggests that the bulls' attempt to push the price higher was unsuccessful. With the overall market showing a bearish trend on theβ¦
#GOLD
πUPDATE
After breaking the previous week's low,π the market is now pulling back β€΄οΈ towards the range zone, signaling a correction against the currentπ» bearish trend. With high-impact news π» on the horizon, the price is poised to move in any direction, but I believe it may continue to trend downwards if the DXY index rises. π
If the market fails to push higher β€΄οΈ at the resistance zone between 2330 and 2340,γ½οΈ we can expect a rebound from this point, potentially leading to a retest of the support level and channel border.β¬
π―My goal is the support level of around 2290
πUPDATE
After breaking the previous week's low,π the market is now pulling back β€΄οΈ towards the range zone, signaling a correction against the currentπ» bearish trend. With high-impact news π» on the horizon, the price is poised to move in any direction, but I believe it may continue to trend downwards if the DXY index rises. π
If the market fails to push higher β€΄οΈ at the resistance zone between 2330 and 2340,γ½οΈ we can expect a rebound from this point, potentially leading to a retest of the support level and channel border.β¬
π―My goal is the support level of around 2290
TradingView
Lingrid | GOLD Weekly PRE-MARKET ANALYSIS for OANDA:XAUUSD by Lingrid
As May closed with a long-tailed monthly candle, it's now clear that we have two consecutive long-tailed candles, which strongly suggests that the OANDA:XAUUSD is struggling to stay above the key resistance level of 2400. This pattern is a significant indicationβ¦
π RESULTAT of LAST WEEK
π₯+318 Pipsπ₯(βοΈI remind you that your income in $ - depends on your size in LOT SIZES! )
0,1 Lot Size π+318$
0,2 Lot Size π+636$
0,5 Lot Size π+1590$
1.0 Lot Size π+3180$
βββββββββ
πTRADING COURSEπ Link
π»TOP Brokersπ Link
πͺCRYPTO
+π₯YouTube & π²IG
ββββββββββ
β¬οΈResults for FREE forecasts
β 5 out of 7 ΠURUSD came true
β 3 out of 3 NZDUSD came true
β 8 out of 9 AUDUSD came true
β 8 out of 9 AUDCHF came true
β 6 out of 7 USDCAD came true
β 7 out of 9 USDJPY came true
β 6 out of 7 GBPAUD came true
β 10 out of 11 AUDJPY came true
β 7 out of 9 CHFJPY came true
β 7 out of 9 ΠURAUD came true
β 4 out of 5 EURGBP came true
β 12 out of 14 AUDCAD came true
ββββββββββ
π₯@LingridChannel_bot
πSite
π₯+318 Pipsπ₯(βοΈI remind you that your income in $ - depends on your size in LOT SIZES! )
0,1 Lot Size π+318$
0,2 Lot Size π+636$
0,5 Lot Size π+1590$
1.0 Lot Size π+3180$
βββββββββ
πTRADING COURSEπ Link
π»TOP Brokersπ Link
πͺCRYPTO
+π₯YouTube & π²IG
ββββββββββ
β¬οΈResults for FREE forecasts
β 5 out of 7 ΠURUSD came true
β 3 out of 3 NZDUSD came true
β 8 out of 9 AUDUSD came true
β 8 out of 9 AUDCHF came true
β 6 out of 7 USDCAD came true
β 7 out of 9 USDJPY came true
β 6 out of 7 GBPAUD came true
β 10 out of 11 AUDJPY came true
β 7 out of 9 CHFJPY came true
β 7 out of 9 ΠURAUD came true
β 4 out of 5 EURGBP came true
β 12 out of 14 AUDCAD came true
ββββββββββ
π₯@LingridChannel_bot
πSite
Telegram
Lingrid Forex Signals
π₯FEEDBACKS from πTRADING COURSE
πTrading Course Includes:
π 9 topics (more than 10 hours of material)
π Updating of the material
π Communication with Lingrid and answers to your questions
π No unnecessary information - you get as much as possible only the NEEDEDβ¦
πTrading Course Includes:
π 9 topics (more than 10 hours of material)
π Updating of the material
π Communication with Lingrid and answers to your questions
π No unnecessary information - you get as much as possible only the NEEDEDβ¦
Hello friendsβ€οΈ
#EURUSD
πNew forecast
The price perfectly fulfilled my previous idea.π The price reached the target zone in my previous forecast. EURUSD recently broke a πprevious high, triggering a surge in its upward momentum. As it approaches the next resistance level, which previously witnessed a bearish reversal in March,π·οΈ we can expect a potentially choppyπ move around this region.
With the price trading π² near the previous month's high, the market is poised for a short-term pullbackπ from the resistance and channel border. I anticipate a fake breakout, which could lead to a β€΅οΈ brief correction.
π―My goal is the support level around 1.08700
βββββββββ
My past forecasts on EURUSDπ©βπ»
β1EURUSD +21pβ
β2EURUSD +43pβ
β3EURUSD +24pβ
β4EURUSD -16pβ
β5EURUSD +22pβ
β6EURUSD +68pβ
β7EURUSD -19pβ
β8EURUSD +82pβ
#EURUSD
πNew forecast
The price perfectly fulfilled my previous idea.π The price reached the target zone in my previous forecast. EURUSD recently broke a πprevious high, triggering a surge in its upward momentum. As it approaches the next resistance level, which previously witnessed a bearish reversal in March,π·οΈ we can expect a potentially choppyπ move around this region.
With the price trading π² near the previous month's high, the market is poised for a short-term pullbackπ from the resistance and channel border. I anticipate a fake breakout, which could lead to a β€΅οΈ brief correction.
π―My goal is the support level around 1.08700
βββββββββ
My past forecasts on EURUSDπ©βπ»
β1EURUSD +21pβ
β2EURUSD +43pβ
β3EURUSD +24pβ
β4EURUSD -16pβ
β5EURUSD +22pβ
β6EURUSD +68pβ
β7EURUSD -19pβ
β8EURUSD +82pβ
TradingView
Lingrid | EURUSD short-term pullback from the RESISTANCE zone for FX:EURUSD by Lingrid
The price perfectly fulfilled my previous idea. The price reached the target zone in my previous forecast. FX:EURUSD recently broke a previous high, triggering a surge in its upward momentum. As it approaches the next resistance level, which previously witnessedβ¦
#EURAUD
πNew forecast
The price perfectly fulfills my last idea.π It hit the ratrget. EURAUD market is currently π stuck in a range, oscillating between a resistance zone and a support levels within a downward channel.β¬ After a recent impulsive bearish move, the price has pulled back to β€΄οΈ the resistance zone.
As the market approaches equal highs γ½οΈ and an upward trendline, I'm anticipating a potential reversal from this resistance level.π The consolidation zone suggests that the market is most likely to move sideways,π until clear trend presents itself by breaking out of it.π
π―My goal is the support level at 1.63050
βββββββββ
My past forecasts on EURAUDπ©βπ»
β1EURAUD +222pβ
β2EURAUD +102pβ
β3EURAUD +100pβ
β4EURAUD -35β
β5EURAUD +95pβ
β6EURAUD -44pβ
β7EURAUD +77pβ
β8EURAUD +82pβ
β9EURAUD +150pβ
β10EURAUD +62pβ
πNew forecast
The price perfectly fulfills my last idea.π It hit the ratrget. EURAUD market is currently π stuck in a range, oscillating between a resistance zone and a support levels within a downward channel.β¬ After a recent impulsive bearish move, the price has pulled back to β€΄οΈ the resistance zone.
As the market approaches equal highs γ½οΈ and an upward trendline, I'm anticipating a potential reversal from this resistance level.π The consolidation zone suggests that the market is most likely to move sideways,π until clear trend presents itself by breaking out of it.π
π―My goal is the support level at 1.63050
βββββββββ
My past forecasts on EURAUDπ©βπ»
β1EURAUD +222pβ
β2EURAUD +102pβ
β3EURAUD +100pβ
β4EURAUD -35β
β5EURAUD +95pβ
β6EURAUD -44pβ
β7EURAUD +77pβ
β8EURAUD +82pβ
β9EURAUD +150pβ
β10EURAUD +62pβ
TradingView
Lingrid | EURAUD short OPPORTUNITY in CHOPPY market for FX:EURAUD by Lingrid
The price perfectly fulfilled my previous idea. It hit the ratrget. FX:EURAUD market is currently stuck in a range, oscillating between a resistance zone and a support levels within a downward channel. After a recent impulsive bearish move, the price hasβ¦
#GOLD
πUPDATE
The price perfectly fulfilled my last idea.β It reached the entry zone. The price has pulled back towards the resistance zone and channel border, specifically testing the π key area at 2350. Notably, the price action has consistently made lower lows and lower closes,π indicating a strongπ» bearish trend.
As the market has formed a rejection candleπ at the resistance level, I anticipate a potential move lower levels. With this π bearish momentum in place, I expect the trend to continue, potentially targeting the psychologically significant level of 2300. π
π―My target on 1H is the support level around 2316.80
πUPDATE
The price perfectly fulfilled my last idea.β It reached the entry zone. The price has pulled back towards the resistance zone and channel border, specifically testing the π key area at 2350. Notably, the price action has consistently made lower lows and lower closes,π indicating a strongπ» bearish trend.
As the market has formed a rejection candleπ at the resistance level, I anticipate a potential move lower levels. With this π bearish momentum in place, I expect the trend to continue, potentially targeting the psychologically significant level of 2300. π
π―My target on 1H is the support level around 2316.80
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Lingrid | GOLD Weekly PRE-MARKET ANALYSIS for OANDA:XAUUSD by Lingrid
As May closed with a long-tailed monthly candle, it's now clear that we have two consecutive long-tailed candles, which strongly suggests that the OANDA:XAUUSD is struggling to stay above the key resistance level of 2400. This pattern is a significant indicationβ¦