Sajjad Ahmed
Sajjad Ahmed
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Pro Forex Trader
I am in Forex trading since 15 years. I have strong programmimg skills of developing EAs, Scripts and Indicators in MQL4/MQL5 languages.
As a trader, I prefer Sniper Entries with 1:5 risk-to-reward ratio.
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Sajjad Ahmed
Sajjad Ahmed
Gold hits the target 2009, as expected – Analysis
Gold opened today with strong rise to touch our waited target at 2009.30, as mentioned in Friday’s analysis and attempts to breach it, as it closed the H4 candlestick above it, which supports the chances of continuing the bullish wave, towards our next target 2030.00.

The bullish channel organizes the expected bullish wave, which gets good support by the EMA50,

Alternatively, breaking 2009.30 level downwards followed by 1997.50 level will stop the expected rise and push the price to start bearish wave.

The expected trading range for today is between 1995.00 support and 2030.00 resistance.

The expected trend for today: Bullish
Sajjad Ahmed
Sajjad Ahmed
Gold reaches the bullish channel’s support line – Analysis
Gold is trading at the bullish channel’s support line, and according to the trading rules inside the channels, the price is on its way to rebound bullishly and start bullish wave, targeting 2009.30 level initially.

Therefore, the bullish bias may be suggested for today, supported by the positivity of the technical indicators.

However, breaking 1990.00 level will put the price under new negative pressure to head towards testing 1962.35 areas before any new attempt to rise.

The expected trading range for today is between 1980.00 support and 2005.00 resistance.

The expected trend for today: Bearish
Sajjad Ahmed
Sajjad Ahmed
Gold consolidating against negative pressure – Analysis
Gold traded with negativity yesterday to attack 1990.00$ barrier, reinforcing the expectations of continuing the bearish bias on the intraday basis, noting that the waited targets rise to 1984.00 from 1976.75 now.

Breaking the mentioned level 1984.00 will extend the bearish wave to reach 1962.35 as a next negative station.

As an alternative scenario, consolidating against the negative pressure will lead the price to resume the main bullish trend and head to test 2009.30 initially.

The expected trading range for today is between 1980.00 support and 2005.00 resistance.

The expected trend for today: Bearish (temporarily)
Sajjad Ahmed
Sajjad Ahmed
The GBPJPY closes below 186.35– Analysis
The GBPJPY resumed the correctional decline by providing new close below 186.35 level, to crawl below the MA55 again and touch 184.58 level, and despite the main stability within the bullish channel, facing continuous negative pressures will increase the chances of moving towards 184.25, while breaking it will push the price to decline towards the main bullish channel’s support line at 183.35.

Alternatively, succeeding to jump above 186.35 level and holding above it will confirm getting rid of the correctional bearish track, to start forming strong positive waves and expect targeting 187.35 level direct, followed by reaching the recently recorded high at 188.28.

The expected trading range for today is between 185.40 and 184.25

The expected trend for today: Bearish
Sajjad Ahmed
Sajjad Ahmed
Live Gold (XAUUSD) Trading & Technical Analysis
https://youtube.com/live/CJFJlTIV0MA?feature=share
Sajjad Ahmed
Sajjad Ahmed
Gold loses momentum – Analysis
Gold approached few pips away from our waited target at 2009.30, and rebounds bearishly from there to visit the intraday bullish channel’s support line, located at 1976.75 now.

Therefore, the bearish bias will be suggested for today, supported by stochastic loss to the positive momentum, noting that breaking the targeted level will extend the bearish wave to reach 1962.35, while breaching 2009.30 will stop the negative scenario and lead the price to resume the main bullish trend again.

The expected trading range for today is between 1985.00 support and 2015.00 resistance.

The expected trend for today: Bearish temporarily
Sajjad Ahmed
Sajjad Ahmed
The GBPJPY is on the correctional decline – Analysis
The GBPJPY resumed the correctional decline by providing new close below 186.35 level, to crawl below the MA55 again and touch 184.58 level, and despite the main stability within the bullish channel, facing continuous negative pressures will increase the chances of moving towards 184.25, while breaking it will push the price to decline towards the main bullish channel’s support line at 183.35.

Succeeding to jump above 186.35 level and holding above it will confirm getting rid of the correctional bearish track, to start forming strong positive waves and expect targeting 187.35 level direct, followed by reaching the recently recorded high at 188.28.

The expected trading range for today is between 185.40 and 184.25

The expected trend for today: Bearish
Sajjad Ahmed
Sajjad Ahmed
Live Gold (XAUUSD) Trading & Technical Analysis
https://youtube.com/live/ztsEqZRRb2U
Sajjad Ahmed
Sajjad Ahmed
Gold resumes the bullish wave supported by EMA50– Analysis
Gold faced negative pressure to break 1975.00 level and approaches the most important support at 1962.35. But as long as the price is above 1962.35 level, the bullish trend scenario will remain active, reminding you that our waited targets begin at 2000.00 followed by 2009.30.

The EMA50 continues to support the suggested bullish wave, which will remain valid unless breaking 1962.35 level and holding below them.

The expected trading range for today is between 1980.00 support and 2005.00 resistance.

The expected trend for today: Bullish
Sajjad Ahmed
Sajjad Ahmed
Gold keeps its stability above 1975 – Analysis
Gold tested the first key support base 1975.00 and keeps its stability above it, accompanied by witnessing clear positive signals through stochastic, waiting to motivate the price to resume the expected bullish trend for the upcoming period, which targets 2000.00 followed by 2009.30 levels as next target.

The EMA50 supports the price from below, reinforcing the expectations of continuing the bullish bias on the intraday basis, noting that breaking 1975.00 followed by 1962.35 levels will stop the positive scenario and push the price to return to the correctional bearish track again.

The expected trading range for today is between 1970.00 support and 2000.00 resistance.

The expected trend for today: Bullish
Sajjad Ahmed
Sajjad Ahmed
The GBPJPY surrenders to the bearish correction – Analysis
The GBPJPY touched 185.30 downwards as a result of expected correctional bearish waves recently, followed by settling near 186.00 taking advantage of stochastic positive momentum.

The main stability within the bullish channel and 184.90 level forming additional support allow us to keep the main bullish overview, to expect rallying towards 186.85 soon, followed by waiting to touch the next target at 187.35.

The expected trading range for today is between 185.60 and 186.85

The expected trend for today: Bullish
Sajjad Ahmed
Sajjad Ahmed
The GBPJPY gains some profits – Analysis
The GBPJPY activated the correctional bearish track to start gaining some profits, to notice crawling below 186.65, affected by stochastic that settles near 20 level.

Note that the main stability within the main bullish channel that appears on the chart and 186.30 level forming additional support allow us to wait to gather the positive momentum to renew the bullish attempts that might target 187.35 and 188.00 levels initially.

The expected trading range for today is between 186.50 and 187.35

The expected trend for today: Bullish
Sajjad Ahmed
Sajjad Ahmed
Live Forex Trading & Technical Analysis
https://youtube.com/live/Szf5ByaqXUs?feature=share
Sajjad Ahmed
Sajjad Ahmed
Live Gold (XAUUSD) Trading & Technical Analysis
https://youtube.com/live/MUcE9-IOJ48?feature=share
Sajjad Ahmed
Sajjad Ahmed
Gold is recovering – Analysis
Gold confirmed breaching 1975.00 level after closing the daily candlestick above it, to open the way to continue the rise and head to achieve positive targets starting at 2000.00 followed by 2009.30, making the bullish bias suggested for today, supported by the EMA50 that carries the price from below.

Note that the continuation of the bullish wave requires holding above 1975.00 level and the most important above 1962.35, as breaking this level represents negative factor that will push the price to return to the correctional bearish track again.

The expected trading range for today is between 1970.00 support and 2005.00 resistance.

The expected trend for today: Bullish
Sajjad Ahmed
Sajjad Ahmed
The GBPJPY seeks new momentum – Analysis
The GBPJPY reached 188.28 level, forming correctional bearish rebound towards 187.30, while in general, this rebound won’t form any threat to the bullish track due to the frequent stability within the bullish channel, in addition to forming additional support at 186.70 against the current trades.

These factors allow us to wait for bullish scenario and target 188.80 resistance, followed by monitoring the price behavior to manage to detect the next expected trend.

However, crawling below the additional support 186.70 will activate the correctional bearish track to target 186.25 and 185.80 levels initially.

The expected trading range for today is between 187.00 and 186.20

The expected trend for today: Bullish
Sajjad Ahmed
Sajjad Ahmed
Gold breaks the support 1962.35 – Analysis
Gold ended yesterday below 1962.35 level, to confirm the return to the correctional bearish track, to head towards 1933.30 as a next main target.

Therefore, we expect negative trades in the upcoming sessions, noting that breaching 1962.35 upwards will push the price to attempt to recover again and head to achieve gains by testing 1975.00 and later extend to 2000.00 level.

The expected trading range for today is between 1940.00 support and 1975.00 resistance.

The expected trend for today: Bearish
Sajjad Ahmed
Sajjad Ahmed
The GBPJPY achieves big gains – Analysis
The GBPJPY pair extended upwards strongly to surpass 187.40 barrier and achieve big gains to touch 188.30.

Note that, 186.80 attempt to provide new support will reinforce the chances of resuming the bullish attack, to attempt to reach 188.65 followed by 189.30 levels.

However, stochastic attempt to exit the overbought areas might force the price to provide temporary correctional rebound.

The expected trading range for today is between 187.70 and 186.65

The expected trend for today: Bullish
Sajjad Ahmed
Sajjad Ahmed
Gold leans on Support 1962.35 – Analysis
Gold closed yesterday above 1962.35 level, and leans on this level, which supports the chances of achieving more expected gains, waiting to test 1975.00 level that forms key resistance, as breaching it represents regaining the main bullish trend and head to achieve additional positive targets that reach 2000.00 as a next station.

However, breaking 1962.35 will stop the expected rise and push the price to decline again.

The expected trading range for today is between 1950.00 support and 1980.00 resistance.

The expected trend for today: Bullish
Sajjad Ahmed
Sajjad Ahmed
Live Gold (XAUUSD) Trading & Technical Analysis
https://youtube.com/live/uOzcDNTdYwI?feature=share