Forex Blog |  gold

Weekly Forex Analysis Forecast Video Apr 13-17/04/2020 Welcome to The 5%ers weekly forex analysis webinar. supply and demand forex strategy. This webinar will demonstrate how to read the market with a deep understanding of the price movement and how to trade with naked charts. In this forex analysis video, we analyzed all majors pairs, GBP/JPY,  […]

Weekly Forex Analysis March 2, 2020 Welcome to The 5%ers weekly forex analysis webinar. supply and demand forex strategy. This webinar will demonstrate how to read the market with a deep understanding of the price movement and how to trade with naked charts. In this forex analysis video, we analyzed all majors pairs, USDCAD, GBPUSD, […]

Will the Price Complete The Head & Shoulders Pattern Wednesday  30/10/2019 The Head & Shoulders pattern known as a reversal pattern among forex traders. As we can see in the XAU/USD H1 chart, there is an incomplete bullish Head & Shoulders pattern. The price already creates the left shoulder and the head. Now, the price […]

XAU/USD is Between Two Quasimodo Levels. Thursday 03/10/2019 As we can see in the H4 time frame chart, the XAU/USD is bearish for swing forex traders. The price now is just between two Quasimodo levels. Quasimodo is one of the most powerful reversal pattern in the forex market. It usually shows up after an uptrend […]

Key Levels With Price Action Analysis for GOLD. Monday 23/09/2019 As we can see in the D1 time frame chart, the GOLD price is about to perform a Head & Shoulders pattern. The Head & Shoulders pattern is also known as a reversal pattern among forex traders. After an uptrend, the pattern starts with a […]

A Technical Correction or  Momentum Shift? Thursday  05/09/2019 In the long term, the XAU/USD is bullish but now performed a double top. The price now is at a 6.5 years high, last time the price was in these zones was in April 2013. In the D1 time frame chart, we can see the nice rally […]

Confluence of Fibonacci 38.2% and Demand Level on XAU/USD Thursday  20/06/2019 Three years ago, the XAU/USD (Gold) price was sitting at 1375.00 zones and dropped to 1120.00 zones before creates a new high record. During the last three years, the price retraced to the 1375.00 zones three times. But it didn’t succeed to break this […]

Sunday  16/06/2019 MACD Divergence With A New Supply For Sell Position On XAU/USD. There are a few reasons to look for a sell position in XAU/USD: 1. In the wide picture – 1W chart, the price has just arrived into a strong resistance zone. The last time that this happened was about a year and […]

Price Action Analysis For XAU/USD Tuesday 04/06/2019 In a 1D chart, we can see that the XAU/USD is still bullish, in the long term, the next fresh supply is at 1550.00 zones, therefore there is a high probability the price tends to reach there. Two days ago, the price creates a new fresh demand below, […]

Wednesday 15/05/2019 For the long term, XAU/USD is in bearish momentum. However, below us, there are two great and fresh demand levels with great potential for buy position.  Each of them looks like a really strong level. If the price reaches the demand below, I’ll buy there. The stop-loss order will be just below this […]

11/04/2019 In 1 Hour chart, we can see the GOLD is in an uptrend which creates a clear channel. we can also see a very clear divergence between the price and the MACD indicator, this Divergence indicates that this uptrend became more and more powerless, this situation can create a reversal opportunity. now we just […]

For the long terms, the XAU/USD is in bullish momentum, it seems that the next destination for the price is the resistance zone I marked above, the new fresh demand below seems Like a great continuation level to join the bullish momentum, if the price retrace that demand, I’ll buy there and my final target […]

After a long stamping, the XAU/USD price finally broke out the resistance at 1297.00 zones and creates a new fresh demand which I marked below, it seems the price tends to reach the supply Level from the left at 1315.00 zones, we can see that on a daily chart, the demand below is a great […]

As a price action forex trader, I trade only at supply or demand levels, those levels also function as a final target for my positions, in the picture I attached we can see the support zone Below, if the price will breakout this support it indicates the price tends to reach the demand below and […]

The XAU/USD has a drop of  13$ yesterday, this drop created a fresh new supply above, this supply level also creates a Quasimodo pattern which considers as a very reliable one Among forex traders, the drop from yesterday also changed the short term momentum from bullish to bearish and it seems the price now tends to reach the demand below, I’ll wait for […]

As we can see, the XAU/USD is between the supply above and the demand below, it seems the price is on his way to reach the demand below, if the price will return to the supply above Before hit the demand below, I’ll sell there and the demand will be my target, this demand is […]

For the intraday terms the GOLD seems to be bullish, As it looks the price tends to reach the resistance above, If the price retrace the demand below before reaches the resistance, It will be a great opportunity for buy position with the resistance above. As a target, the demand below is also Quasimodo level, usually, […]

The GOLD is now in a support zone, and it seems the price gonna break this support, if that happens it indicates the price tends to reach the demand below, in this case, I’ll look for a P”A setup for sell position, something like a new fresh supply, my target will be the demand below. […]