GOLD .using 4hours line chart in combination of divergent give a clue as to where area of stron support lies in the market. 2604-2600 provided a temporary support but i feel a deep below 2600 level is needed for uptick. the fomc speaks will have direct impact on directional bias and sentiment of retal and institutional traders.
US30 dow jones industrial index will continue to rise base don the structure, the price action is bullish and calls for immediate correction. we watch the market structure for clear directional bias.
gold tested resistance and rejected.sellers will need more liquidity to break structure
my perspective remains that 1000pip drop in search of buy position with potential for uptick. gold will go into correction and rally again.
On weekly usoil formed a double bottom indicating a buy pressure, with current escalation in middle east price of oil could be heading up
SHAVYFXHUB BTC approach is based on market structure ,price will technically pull into our descending trendline and buy up.
SILVER did it based on the structure saw the same pattern from gold, liquidity is needed for upswing's expect more drop for sliver based on the structure,
complete analysis on gold ,doing the structure thing. i was clear on the breakout of ascending trend line,now expect as retest and more drop.
yellow market put some respect to shavyfxhub market structure strategy spoke of price break out and exactly happened. i believe gold will drop more below 2600,what is expected is to retest a broken support to be rejected by resistance on the ascending trendline
GOLD ,yellow metal in search of liquidity. Price is seriously playing in a pattern which indicates that the break out from trendline will bring sellers to the party. network set is ready on chart
GBPJPY remains in a bullish direction as British pounds holds tight on inflation.the bank of England could make some changes on its monetary policies which will keep price on upward trajectory. its best to use lower timeframe and look for buy opportunity
THE governor of the bank of England Andrew Balley says rate cut could be more aggressive. the war in Ukraine has caused a surge in inflation on global scale and uk monetary policy will be close to bringing inflation within range. gbpusd is moving in a bullish range and could upswing based on the structure.
gold will remain on bullish track seek correction and the impulse continues
complete perspective, as predicted that price diversion from 4hr ascending trendline. the shavyfxhub strategy is unique in predicting price action with orthodox trading method which many traders wont accept, but based on evidence and trade win rate we remain on strategy and rules .
it feels good to see our analysis complete, after the break out of 4hr candle to cloase the financial market on friday.i knew the selling will come on retest to broken support to act as resistance....
Silver industrial demand will exceed GOLD by 2030 especially in solar panel production, we believe that market structure of silver will go into correction after rejecting 4hr selling roof on multiple times
market structure and divergence providing a clear directional bias on 4hrs xauusd broke out of trendline ,its best to look for sell roof and sell my aim is to see xauusd liquidty zone @2593-2590
AUDJPY daily candle open bullish ,its best to look for correction and keep a bullish plan. but buying pressure has to break the long term broken support structure now a current resistance.a break above current resistance will be long day buy idea