Trend breakout to the down side.Gold has been trading on a uptrend for a while on the H4 timeframe. It recently broke out to start a down trend. Currently it is trading under resistance which became a support area and heading towards 2,294.Shortby siphesihlemadikane5113
Gold Continues Higher . . . Look for Small PullbackWhere are we today? We are in a rising wedge . . . and there is a risk that gold eventually breaks this primary trend levels . . . but, if past is prologue, then we should see a 15 minute retracement into our next buy at the 4 hour HWB long setup. . . around 2391-2393.6 area. by CeresTraderUpdated 119
Gold versus SilverGold versus silver hitting a massive support area at 75. This is why silver's ascent is halting versus gold. #gold #silverby Badcharts3
GOLD analysis Gold began the week with a downward trend but has seen some recovery. This movement is influenced by the weakening US Dollar, driven by disappointing PMI data that indicates a slowdown in private sector growth. Additionally, a lower-than-expected GDP growth rate and persistent inflationary pressureLongby TFXBR3
GC1!_Short-Term TrendGold could get one more poke into the green box extension area noted on the chart, but as price continuously tries to confuse us, I actually think a c wave subdivision of the Minuette (v) Ending Diagonal is likely and warranted, here. I have zoomed out to show some fib confluence at the top end, soLongby CuzDeluxUpdated 4
Selling is done in GOLD?2258 support held, but 2340 is now offering resistance. We have Buyers pushing the prices up for sure, see the GREEN UMVD started last week. We have gREEN Bars but TrapZOne is still RED> Longby SnowflakeTraderUpdated 9
Good Evening and I hope you are well.gold futures Quote from last week: bull case: Bulls continue inside the wedge and buy every dip they get. 2450 obvious magnet above. I won’t make this longer than it has to be. Weekly and monthly charts also just give bullish signals for this. This month is still an inside bar on the monthly cShortby priceactiontds3
GOLD Price Stability Amid Rising Global TensionsOn Tuesday, the price of gold stabilized as mounting geopolitical tensions spurred demand for the safe-haven asset. Escalating protests against Israel’s presence in Gaza, Russia’s initiation of a new conflict in Ukraine, and concerns regarding potential disruptions in global trade have heightened tLongby FOREXN1Updated 225
📉 Gold Futures Parabolic RiseThe black curved line on the chart is called a "parabola," as in "parabolic rise." A parabolic rise tends to lead to a very strong correction. The only way to sustained a parabolic rise is... Well, it is impossible, the Gold market fluctuates between up and down. The peak, ATH, happened on the 8-AShortby AlanSantana3336
GOLD FUTURES : OUTLOOK This is the same idea. as previously posted but on the futures chart. It seems price is already at our entry on the futures contract chart. "May fortune attend thee, and thy trade prosper." .......L2EarnedLongby L2Earned2