Fx Shisir Ahmed

Trainer & Professional Forex Trader at Exness broker..

[Fx Shisir Ahmed @ShisirFx]

#XAUUSD Again Crashed 1700 PipS 📉
Brilliant a entry check ✅✔️

What a day 🔥

[Fx Shisir Ahmed @ShisirFx]

Will Crash On Next week 📉🔥
Incoming biggest Crash 🥂

[Fx Shisir Ahmed @ShisirFx]

Next week xauusd

[Fx Shisir Ahmed @ShisirFx]

Gold produces a minimum of 25% to 30% following every breakout during the present bull run that started in 2023. Assuming every advancing cycle lasts around 2.5 - 3 months then gold should reach $7,000 - 7,250 by July 2026. However, given that the coming leg up is likely

[Fx Shisir Ahmed @ShisirFx]

XAUUSD Next....

[Fx Shisir Ahmed @ShisirFx]

Xauusd future prediction...

[Fx Shisir Ahmed @ShisirFx]

https://t.co/mmCVoFMiw9

[Fx Shisir Ahmed @ShisirFx]

Gold has been consolidating 80 days withing a contracting triangle. The amplitude of its base makes up nearly $550, which suggests that the next measured target is $3,875 or 16% from present price level. It took gold 2 weeks to form the $550 base from April 4 to April 22nd.

[Fx Shisir Ahmed @ShisirFx]

Gold has been forming and inverse head and shoulders pattern of the past month and looks like it is completing the right shoulder. Breakout may follow anytime

[Fx Shisir Ahmed @ShisirFx]

@Pakistanmilita Yes

[Fx Shisir Ahmed @ShisirFx]

@Sid_Mystique Nice & strong,,, salute Boss @Sid_Mystique

[Fx Shisir Ahmed @ShisirFx]

@Sid_Mystique Good Analyse...

[Fx Shisir Ahmed @ShisirFx]

@Sid_Mystique Best Trader & good analyse...

[Fx Shisir Ahmed @ShisirFx]

@Sid_Mystique Right sir

[Fx Shisir Ahmed @ShisirFx]

@Sid_Mystique Let's go sir......

[Fx Shisir Ahmed @ShisirFx]

Gold is trading just under the upper band of the multi-month contracting triangle formation.
There are 3 options:
1. Legitimate breakout
2. False breakout
3. Sell-off back to lows $2,600
Legitimate breakout could take gold straight to $2,730 - 2,740 area else sell-off and then

[Fx Shisir Ahmed @ShisirFx]

Gold is setting up for next leg up in my opinion. Previous 3-month consolidations during 2024 resulted in 19% rally. If history repeats then 19% rally upon breakout could take gold to $3,200 within roughly 2 months...

[Fx Shisir Ahmed @ShisirFx]

Another option for gold is a short term breakdown of the rising trendline before gold breaks out higher towards $3,400 target...

[Fx Shisir Ahmed @ShisirFx]

Gold has been trading within the rising broadening wedge since October 2023. Every advancing part of every cycle give or take lasted 2 months and yielded on average 18%. Assuming that gold bottoms around FOMC next week, 18% should take it towards the upper band of the formation

[Fx Shisir Ahmed @ShisirFx]

Gold is correcting to form a higher low, which is much needed. Furthermore, as metals approach the expiration of December Futures contracts by mid this week sell-off makes perfect sense.
Finally, looks like gold is forming an inverse head and shoulders pattern.