FX.co ★ kavon.collins | Game of Life: Visionary Insights into the Forex Market!

Pair XAUUSD H4: 1 - Gold on the 5-minute chart is located in the central area of the bands, while the bands themselves are actively moving towards each other. The movement from here can continue in any direction, and to get a quality signal for price growth or decline, it is worth waiting for an active touch of one of the bands, and then assess whether the bands will expand outward or if there will be no reaction. Speaking of the situation with fractals, the nearest fractals upwards and downwards serve as targets for price growth and decline. A breakout and consolidation above the nearest fractal will allow the price to reach the fractal from October 23 at the level of 4154.63. A breakout and consolidation below the nearest fractal downwards will allow the price to reach the fractal from October 22 at the level of 4011.33. 2 - The Awesome Oscillator indicator is fading in the negative zone, signaling a price increase. If we see a crossover through zero and active growth in the positive zone next week, we will get a stronger signal for an increase in quotes. Conversely, a new acceleration in the negative zone will signal a price decline.