GOLD (XAUUSD) ANALYSIS UPDATE
Date: 26 August 26 | Wednesday
Gold is currently pulling back after failing to break above the 4,640–4,645 range. The short-term trend is bearish, with prices around 4,630–4,635 and sellers in control.
Key support lies at 4,615. If the price holds here, a bounce back to 4,640–4,645 could occur. If it breaks below 4,615, the next support is around 4,600–4,605.
It's best to wait for confirmation. A strong bounce from 4,615 could signal a buying opportunity towards 4,645 and 4,665–4,670, while a break below 4,615 may lead to further declines towards 4,600.
🔑 Key Zones To Watch:
Sell zone: @ 4637.50 - 4641.50
Buy zone: @ 4616.50 - 4613.50
Date: 26 August 26 | Wednesday
Gold is currently pulling back after failing to break above the 4,640–4,645 range. The short-term trend is bearish, with prices around 4,630–4,635 and sellers in control.
Key support lies at 4,615. If the price holds here, a bounce back to 4,640–4,645 could occur. If it breaks below 4,615, the next support is around 4,600–4,605.
It's best to wait for confirmation. A strong bounce from 4,615 could signal a buying opportunity towards 4,645 and 4,665–4,670, while a break below 4,615 may lead to further declines towards 4,600.
🔑 Key Zones To Watch:
Sell zone: @ 4637.50 - 4641.50
Buy zone: @ 4616.50 - 4613.50
GOLD TP1 170PIPS✅
Go on and close your entries traders I’m out of the trade now, congratulations if you followed the signals and send results and feedback to @Auboonetrades
Go on and close your entries traders I’m out of the trade now, congratulations if you followed the signals and send results and feedback to @Auboonetrades
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Logins: 6119366
Passwords: ApexGold@33
Server: Starwavefx
To get connected message @Auboonetrades
Logins: 6119366
Passwords: ApexGold@33
Server: Starwavefx
To get connected message @Auboonetrades
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We didn’t get the clear confirmation we needed today, and although the market eventually made the move we were watching, entering without proper confirmation would have meant forcing a trade.
So, rather than chasing the market or taking unnecessary risk, we decided to stay disciplined and call it a day.
No trade is better than a bad trade. 📊
We’ll be back tomorrow, traders. Stay patient, stay focused, and trade what you see not what you hope to see. 💪🏻
So, rather than chasing the market or taking unnecessary risk, we decided to stay disciplined and call it a day.
No trade is better than a bad trade. 📊
We’ll be back tomorrow, traders. Stay patient, stay focused, and trade what you see not what you hope to see. 💪🏻
Buyer VS Seller: Who's Winning 🤔
It's important to know the different candle patterns between buyers and sellers.
Each candle can determine the next movement of the market structure and trading strategies. 🕯
Identifying these candle patterns can help us make better decisions to stay ahead in the trading game!
It's important to know the different candle patterns between buyers and sellers.
Each candle can determine the next movement of the market structure and trading strategies. 🕯
Identifying these candle patterns can help us make better decisions to stay ahead in the trading game!