MULTIDIMENSIONALTRADER

MULTIDIMENSIONALTRADER

Expecting Gold to pull back to the 1812-1816 zone to test the trendline before continuing the bearish momentum. Please follow Hit the like button Share your thoughts and leave a comment. Thank you for your support🙏🙏🙏

MULTIDIMENSIONALTRADER

Gold is moving up in an ascending channel and we are expecting Gold to continue doing so for the coming week. We will observe how Gold behaves when the market opens. We could get a pullback to as low as the 1815 zone before continuing up the ascending channel. Expecting gold to reach up to around 1860 zone. Break above 1880 will negate the bearish...

MULTIDIMENSIONALTRADER

We are still bearish on Gold. Entries from 1815-1820 are good selling opportunities. Break above 1820 -1830 will negate the bearish outlook. Please follow Hit the like button Share your thoughts and leave a comment. Thank you for your support🙏🙏🙏

MULTIDIMENSIONALTRADER

The market structure has shifted to bearish for Gold last week. A new Lower High and a lower Low have been created on the H4 Chart. Retracements to: 1806,1811,1816,1820 are good selling opportunities. If the price closes above 1830 then the bearish outlook is negated. Please follow Hit the like button Share your thoughts and leave a comment. Thank you...

MULTIDIMENSIONALTRADER

GBPUSD, we have created what looks like a double top, If we get a new Higher high we are likely to go higher. To take a short trade wait for a breakout of the ascending wedge, a new Lower low and take an entry at the new Lower High which will be a safer entry. Now we have to wait until when the market opens to see what happens.

MULTIDIMENSIONALTRADER

GBPJPY looks like the market structure is shifting. We have created a new Lower Low, we now need to observe if the price takes out 157.799. If this happens the short idea is negated and the price could go higher. We are still within the ascending wedge( bearish pattern). We need to see a breakout to the downside without taking out 157.799 and a drop below 156.084...

MULTIDIMENSIONALTRADER

NFP is in a few hours. Gold has broken down from the ascending channel and the market structure has changed to bearish. In lower time frames Gold is moving in a tight range in a bear flag. During NFP we could expect one of two scenarios. First, we could get a slight push up to 1795-97 Zone and a drop after that. Or the second we could get a slightly deeper...

MULTIDIMENSIONALTRADER

Levels on the chart Please follow Hit the like button Share your thoughts and leave a comment. Thank you for your support🙏🙏🙏 Trade Safe and manage your risk. Everything we share is not financial advice.

MULTIDIMENSIONALTRADER

Gold is still moving within the pennant formation we highlighted in the last few weeks outlook. We are expecting gold to reach the 1850 zone in the coming weeks. Drop below 1770 will negate the bullish outlook. Any retracements to 1800 and below are a good buying opportunity. We have several buy positions running and will be looking to add more. Please...

MULTIDIMENSIONALTRADER

Gold is still moving within the pennant formation we highlighted in last weeks outlook. Last week Gold broke out of the consolidation area and reached 1814 before pulling back slightly on Friday. We are expecting gold to reach the 1850 zone in the coming weeks. Drop below 1770 will negate the bullish outlook. Please follow Hit the like button Share your...

MULTIDIMENSIONALTRADER

Gold is still moving within the pennant formation we highlighted in last weeks outlook. Last week Gold broke out of the consolidation area and reached 1814 before pulling back slightly on Friday. This week we can expect further retracement possibly to the 1780 zone before gold resumes its bullish move. 1791,1786 & 1780 are good levels for long positions. We are...

MULTIDIMENSIONALTRADER

Expecting DXY to retrace which will open AUDDUSD long opportunity. Please follow Hit the like button Share your thoughts and leave a comment. Thank you for your support🙏🙏🙏 Trade Safe and manage your risk. Everything we share is not financial advice.

MULTIDIMENSIONALTRADER

Expecting DXY to retrace which will open NZDUSD long opportunity. Please follow Hit the like button Share your thoughts and leave a comment. Thank you for your support🙏🙏🙏 Trade Safe and manage your risk. Everything we share is not financial advice.

MULTIDIMENSIONALTRADER

Expecting DXY retrace which will open open GBPUSD long opportunity. Please follow Hit the like button Share your thoughts and leave a comment. Thank you for your support🙏🙏🙏 Trade Safe and manage your risk. Everything we share is not financial advice.

MULTIDIMENSIONALTRADER

Currently, Gold is ranging within a pennant formation and is ranging towards the apex of the pennant pattern. Price is below 8EMA and 50EMA. We have liquidity below 1758 Zone and the price could drop to grab sell side liquidity in the coming week. We have two major news events this week. 15th DEC, we have the FOMC statement, and on 16th DEC, we have the ECB press...

MULTIDIMENSIONALTRADER

If you find our analysis and ideas helpful: Please follow Hit the like button Share your thoughts and leave a comment. Thank you for your support🙏🙏🙏 Trade Safe and manage your risk. Everything we share is not financial advice.

MULTIDIMENSIONALTRADER

Trendline broken, long opportunity upon restest. If you find our analysis and ideas helpful: Please follow Hit the like button Share your thoughts and leave a comment. Thank you for your support🙏🙏🙏 Trade Safe and manage your risk. Everything we share is not financial advice.

MULTIDIMENSIONALTRADER

Trade is still not ready. Wait for the trendline break or a drop to the entry zone. If you find our analysis and ideas helpful: Please follow Hit the like button Share your thoughts and leave a comment. Thank you for your support🙏🙏🙏 Trade Safe and manage your risk. Everything we share is not financial advice.