Farah97's Posts | Myfxbook

XAUUSD Technical Overview in New Traders Aug 27 at 09:43

Technical Summary : XAUUSD is currently trading around 4611, with price consolidating near the 4600–4605 support zone. The broader structure remains range-bound, while rejection from the 4655–4660 resistance keeps short-term momentum cautious.Bullish Scenario :If 4600–4605 holds and price forms a bullish reversal, a recovery toward 4640–4655 is possible. A confirmed breakout above 4660 could extend the upside toward 4690–4700.Bearish Scenario :A sustained 30-minute close below 4600 would weaken the structure and may trigger downside toward 4575. Further selling below 4575 could open the pat...

XAUUSD Technical Overview in Experienced Traders Aug 26 at 10:05

Technical Summary : XAUUSD is consolidating around 4,640 after facing rejection near the 4,660–4,670 resistance zone. Price remains range-bound, with 4,620–4,625 acting as an important demand area and 4,600 as key support.Bullish Scenario :A sustained breakout and close above 4,660–4,670 could trigger fresh buying momentum toward 4,700, followed by 4,750.Bearish Scenario :Failure to reclaim 4,660 and a break below 4,620 may push Gold toward 4,600. A decisive break below 4,600 could extend the decline toward 4,575 and lower.Key Levels :Resistance : 4,660–4,670 | 4,700 | 4,750Support : 4,620–...

WTI CRUDE OIL — DETAILED TECHNICAL OUTLOOK in Experienced Traders Aug 24 at 10:01

WTI is currently showing a mixed technical structure, with the broader weekly trend remaining bearish while the lower timeframes are showing signs of short-term strength.TECHNICAL STRUCTURE Daily Chart• An Inverted Hammer is visible, suggesting potential rejection of lower prices.• Price is trading above the 20-SMA, keeping short-term momentum supported.• A sustained move above nearby resistance would strengthen the bullish case.4H Chart• The structure is showing bullish continuation.• Buyers are still attempting to maintain control on the lower timeframe.• Holding above key support zones c...

yanoshka in Trading Systems Aug 21 at 07:08

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XAUUSD Technical Overview in Experienced Traders Aug 18 at 07:35

Technical Summary: XAUUSD remains technically constructive while holding above the 4,385–4,380 support zone. Price has recently faced rejection near 4,430–4,435, keeping the market in a short-term consolidation phase.Bullish Scenario :Holding above 4,385 could support a rebound toward 4,405, followed by 4,430–4,435. A sustained breakout above 4,435 may open the way toward 4,450.Bearish Scenario :A clear break below 4,385 could trigger further downside toward 4,366. If selling pressure extends below this zone, the next supports are around 4,328 and 4,303.Key Levels :Resistance : 4,405 | 4,43...

XAUUSD Technical Overview in Experienced Traders Aug 17 at 08:53

Technical Summary: XAUUSD is trading around 4392.86, holding above the key 4380 support and maintaining a higher-low structure. Price is consolidating near 4400 resistance, with the chart structure favoring a bullish continuation if this level is decisively broken.Bullish Scenario :A sustained break above 4400 can open the way toward 4429.62.Further strength above 4429.62 may extend the upside toward 4474.30.Bearish Scenario :Failure to break 4400 followed by a break below 4380 could trigger a corrective move.Below 4380, next supports are 4368 and 4327.88.Key Levels :Resistance : 4400 | 442...

XAUUSD Technical Overview in Experienced Traders Aug 14 at 08:40

Technical Summary : XAUUSD is currently under bearish pressure after breaking below the 4,360–4,380 support zone. Price is testing the 4,302 key support, while the short-term structure remains weak unless gold reclaims 4,328–4,340.Bullish Scenario :A strong hold above 4,302 followed by a breakout above 4,340 could trigger a recovery toward 4,380. Sustained buying above 4,380 may open the way toward 4,400–4,430.Bearish Scenario :A decisive break below 4,302 would strengthen the downside structure and may expose 4,280, followed by 4,250–4,235. Failure to reclaim 4,328–4,340 keeps selling pres...

U.S. CPI SCENARIOS in Experienced Traders Aug 12 at 12:27

Forecast:• CPI m/m (Jul): 0.1%• Core CPI m/m (Jul): 0.2%• CPI y/y: 3.4% If the results are HIGHER than expected(CPI y/y > 3.4%, Core CPI > 0.2%, or CPI m/m > 0.1%)• Gold: Bearish• US Indices (US30, USNAS100, SPX500): Bearish• USD: Bullish If the results are LOWER than expected(CPI y/y < 3.4%, Core CPI < 0.2%, or CPI m/m < 0.1%)• Gold: Bullish• US Indices: Bullish• USD: BearishIf the results match expectations(3.4%, 0.2%, and 0.1%)• Expect high volatility in both directions initially.• The market will then look for confirmation from the details of the report before choosing a clearer directi...

IRAN: NO CEASEFIRE EXTENSION TALKS in Experienced Traders Aug 12 at 10:54

A senior Iranian source told Reuters there are no discussions to extend the U.S.-Iran ceasefire, arguing that from Tehran’s perspective, there was no official start date to extend.Iran claims the U.S. violated the interim pact within 48 hours and later withdrew.Talks are instead focused on a potential U.S. return to the memorandum of understanding (MOU) and a timeline for implementing commitments.So far, Iran says no progress has been made.

TOCK MARKET BOOM FUELS EARLY RETIREMENT in New Traders Aug 11 at 11:08

Older Americans are leaving the workforce at a faster pace.Labor participation among people aged 55+ has dropped from above 40% pre-pandemic to 36.9% in July.Bank of America economists point to rising wealth as a key driver.With the S&P 500 up nearly 40% over the past two years, bigger 401(k) balances may be making early retirement easier for many Americans.

XAUUSD Overview in Experienced Traders Aug 11 at 08:09

Technical Summary:- XAUUSD remains bullish on the 30-minute chart, maintaining a clear higher-high/higher-low structure above the rising trendline. Price is currently pulling back after testing the 4,426 resistance area, suggesting a possible retest of nearby support before the next move higher. The chart structure favors buy-on-dips while price holds above the 4,328 major support.Bullish ScenarioHolding 4,380–4,360 can trigger renewed buying momentum.A sustained breakout above 4,426 may open the way toward 4,474.Above 4,474, the next upside zone is around 4,515–4,520.Bearish ScenarioA brea...

XAU/USD — Monday Market Outlook in Experienced Traders Aug 10 at 09:17

Primary Bias: Bullish above 4,327–4,337Key Levels🟢 Support: 4,337 | 4,327 | 4,300🔴 Resistance: 4,372 | 4,384 | 4,406📈 Bullish ScenarioAs long as Gold holds above 4,327–4,337, the preferred approach is to look for buying opportunities on pullbacks.Upside targets:4,372 → 4,384 → 4,406📉 Alternative ScenarioA sustained break above 4,384 could support further upside toward 4,406. However, rejection from the 4,384–4,406 resistance zone could trigger a pullback toward 4,337 and potentially 4,300.🔎 Monday Focus4,327–4,337 support → 4,372 breakout → 4,384–4,406 resistance zone⚠️ Wait for price ...

XAUUSD Overview in Experienced Traders Aug 07 at 07:10

Technical Summary*- Gold is trading above the descending trendline, indicating a bullish breakout after consolidating within a short-term corrective structure. Buyers are attempting to hold above the breakout zone, keeping the near-term bias positive. A sustained move above the recent highs could accelerate the upside momentum.Bullish Scenario- Holding above 4,260–4,265 keeps the breakout structure intact.A move above 4,285 may open the way toward 4,308, with the next major resistance around 4,334.Sustained buying above 4,308 would strengthen the medium-term bullish outlook.Bearish Scenario...

US Dollar Awaits NFP – Gold Volatility Expected in Experienced Traders Aug 07 at 07:10

Markets are focused on today's *U.S. Non-Farm Payrolls (NFP)* report, which could determine the Federal Reserve's next interest rate move. A stronger-than-expected jobs report would support the *U.S. Dollar* and pressure *Gold* , while weaker employment data could reduce Fed hike expectations, weaken the USD, and boost Gold prices.*Market Impact : High Volatility Expected for XAU/USD, USD pairs, and U.S. indices* around the NFP release.

DAX TECHNICAL ANALYSIS in Experienced Traders Aug 06 at 07:01

Technical Structure: Daily chart remains bearish despite trading above the 20 SMA. Both the 4H and 1H charts continue to form an inverted flag, suggesting downside pressure remains.Weekly Trend: BullishIntraday Bias: Bearish to Neutral• Sell on resistance• Sell on a confirmed support breakdownKey LevelsResistance: 26,455 (ATH)Support: 26,135 | 25,930 | 25,750Stay patient and let price confirm the next move before entering.

EURUSD	1.15825	GBPUSD	1.3534
USDJPY	160.062	USDCAD	1.38845

Posts by Farah97