The Ace Trading (Free Forex Signals)

GOLD (#XAUUSD): Consolidation Continues Quick update on 📉Gold. The price is currently confined within a wide horizontal range on a 4H timeframe. Following a test of the support of the range, we see a strong bullish reaction: A double bottom pattern has formed and broken its neckline. I think the price may grow to the resistance of the range. Goal - 4390

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GOLD (#XAUUSD): Another Pullback Trade Explained 📉Gold approached a significant daily/intraday horizontal resistance cluster during the Asian session. The price experienced a notable rejection from this level on a 4-hour chart, subsequently forming a double top pattern on an hourly timeframe. The neckline of this pattern was violated with considerable bearish momentum. I am anticipating a pullback to the 4370 level. ————————— 4H/Hourly time frame ————————— Tested and Trusted Broker 👇 https://one.exnesstrack.org/a/u0exuwlj08

#USDJPY: Bullish Trend Continues The 📈USDJPY pair is currently showing a strong bullish trend. After the formation of a new high, the market started to consolidate within a confined parallel channel on a 4-hour chart. The violation of its resistance signals a continuation of this upward movement. I anticipate growth to reach 160.20. ————————— 4H time frame ————————— Tested and Trusted Broker 👇 https://one.exnesstrack.org/a/u0exuwlj08

GOLD (#XAUUSD): Bullish Continuation Confirmed On Friday, 📈Gold reached strong horizontal support The price formed an inverted head and shoulders pattern, bounced, and violated a solid falling trend line. This is an important sign of strength from the buyers. The market may keep growing now. Next resistance: 4437

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GOLD (#XAUUSD): Time For Pullback In relative to SILVER, 📉Gold looks bearish after setting three equal highs on an hourly timeframe. A breakout of the support level of a trading range on an hourly timeframe confirms a local bearish sentiment and an overbought state of the market. The price may continue retracing at least to the 4316 level. ————————— Hourly time frame ————————— Tested and Trusted Broker 👇 https://one.exnesstrack.org/a/u0exuwlj08

CRUDE OIL (#WTI): Confirmed Bearish Reversal I believe that WTI Crude Oil is likely to experience a pullback after setting equal highs. As a confirmation, I see a breakout from a support line of a symmetrical triangle pattern on an hourly timeframe. My goal is 80.00. ————————— Hourly time frame ————————— Tested and Trusted Broker 👇 https://one.exnesstrack.org/a/u0exuwlj08

SILVER (#XAGUSD): Looks Like It's Set For a Pullback. There is a significant probability that 📉SILVER will experience a retracement from the highlighted key horizontal support level. The formation of a head and shoulders pattern on an hourly timeframe indicates substantial selling pressure. Our target is 63.83. ————————— Hourly time frame ————————— Tested and Trusted Broker 👇 https://one.exnesstrack.org/a/u0exuwlj08

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#GBPNZD: Strong Bullish Pattern The 📈GBPNZD pair formed a huge head & shoulder pattern on an hourly timeframe and a confirmed a breakout of its neckline. Analyzing the price action, I spotted another bullish formation. The price formed a bullish flag pattern, and it is retesting a broken trend line at the moment. I think that the pair may rise higher to the 2.3003 level soon. ————————— Hourly time frame ————————— Tested and Trusted Broker 👇 https://one.exnesstrack.org/a/u0exuwlj08

GOLD (#XAUUSD): 4400 soon?! ⚠️Gold opened today and started consolidating within the intraday range. There is a high probability that growth will continue this week. Your signal to buy will be a breakout of the aforementioned resistance on an hourly timeframe. A 1-hour candle closing above 4370 would confirm this breakout. Subsequently, a bullish continuation towards the 4400 level would be anticipated. ————————— Hourly time frame ————————— Tested and Trusted Broker 👇 https://one.exnesstrack.org/a/u0exuwlj08

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GOLD (#XAUUSD): One More Pullback Trade It appears that gold is positioned for a potential retracement from a significant psychological resistance level. An inverted cup and handle pattern formation on an hourly timeframe offers substantial confirmation of the market's overbought condition. The projected target is 4187. ————————— Hourly time frame ————————— Tested and Trusted Broker 👇 https://one.exnesstrack.org/a/u0exuwlj08

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#USDJPY: Pullback Imminent, Time to Buy! The ⚠️USDJPY pair finally stopped falling. For now, a key daily support that the price tested earlier holds. To catch a pullback trade from that, pay attention to a horizontal resistance level on a 4-hour timeframe. Wait for a bullish breakout of this horizontal structure. A 4H candle close above that will give you a strong bullish signal. A pullback will be expected at least to the 159.00 level then.