Hey Everyone, Please see our updated 4h chart levels and targets for the coming week. We are seeing price play between two weighted levels 2313 resistance and 2290 support. We will need to see either weighted level break and lock to confirm the next range. We will need to see ema5 lock above 2313 to further open the range above or a rejection will follow to...
Hey Everyone, Please see our daily chart idea that we have been tracking and trading successfully since completing our last daily chart idea. Previously we saw the anticipated retracement take place and the price test support at 2325 Goldturn inline with the channel half line. However, Ema5 5 remained above 2325 confirming the bounce, which we were able to track...
Hey Everyone, Our last update on our monthly chart. we completed all our Bullish targets after breaking out of the ascending channel We then stated that we also need to keep in mind the detachment below highlighted in circle and may need a correction on the top of the channel to form support for a bounce and continuation above or a break back into the channel...
Here is my latest structure analysis and important key levels to trade on Gold next week. Resistance 1: 2354 - 2360 area Resistance 2: 2392 - 2432 area Support 1: 2215 -2264 area Support 2: 2194 - 2222 area Support 3: 2146 - 2165 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
Hey Everyone, A PIPTASTIC finish to the week with true level to level break and confirmation trading. Yesterday we stated that the first level of the swing range was hit with just short of the second level. We also stated that if we see price hold above 2302 then 2316 will be tested and failure to break above 2016 will see the full swing range tested, as that...
With todays price action we see a nice rejection off the falling trend line resistance. US data pushed price for a possibly breakout only to run into resistance and break back down to continue downwards. Price is now forming a bearish triangle pattern with support currently being tested. The plan? - Hold for break of this key level of support - Wait for a...
Views for the bulls and bears on this one. price currently in the 618 382 fib zone forming variations of a flag and bearish triangle. Price still sits above the 200MA although very close - balanced market. - For bears we need a break below 2280 with views to 2260/2255. - For bulls we need a solid push higher and break of falling trend line support.
Hey Everyone, Please see update on our 1H chart idea playing out level to level and providing the bounce and swings inline with our plans to buy dips. We started the week with price playing between two weighted levels 2351 resistance and 2333 support. We got the support test at 2333, which followed with ema5 lock below 2333 opening the retracement range and a...
Price was below the 200MA which is RED MACD cross above the 0 line Short term moving averages are RED Entry on the close of the hour candle with SL at the previous high and TP at the lows. Currently running in the region on 190 but pushed to near 300 pips.
I would say that the month of April was very weak for Gold. Even though the market updated the ATH and we saw quite a strong rally at the beginning of the month, bulls quite quickly lost the momentum. We can even conclude that the rally finally stopped and the market started to consolidate within a horizontal range. For the last 10 days we see a steady shift...
Hey Everyone, A piptastic day on the charts today kicking off the new month with blues. Yesterday we got the lock below 2327 opening the retracement range, which was hit perfectly and gave the 30 to 50 pip bounce inline with our plans to buy dips also covering any premature entries. We then stated that we will now wait for this area to support and head for the...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Bullish Channel as an Corrective Pattern in Short Time Frame and Breakout of Lower Trend Line Break of Structure RSI - Divergence Completed " 1234 " Impulsive Waves S / R Level
I see bounces from the same resistance line - But no large breakthroughs. To me, a strong sign of support at the fibonacci line of ~1684.32. The next strong resistances I expect are around ~1834.88 and ~2078.25 respectively (~1834.88 would be a decent ~8.9% profit margin to sell if I wanted to play it safe.). We could be in for a new ATH pump if we see a...
Today's focus: Gold Pattern – Lower High swing point Support – 2290.50 to 2315 Resistance – 2338.40 Hi, traders. Thanks for tuning in for today's update. Today, we are looking at Gold on its daily chart. Do we have a new swing lower in play after sellers formed a lower high? This could be the case, but we still need some confirmation. In today's video, we...
Gold time frame 4 hours According to our analysis, we expect the price to reach our range and wait for the price reaction from there. In the 4-hour time frame, the trend has changed, so short trades have a higher percentage of profit than long trades. It is better to enter short trades to reach a strong demand range.
HELLO TRADERS As you can see our previous analysis hit all given targets on #Gold and now after ATH it had done a nice retrace to 2300$ and now if we see the geopolitical issue around the world and US economy shirking down and down day by day Bricks and WW3 China trades and war seems not going to stop soon as we can US Gov Support and Funding all his allies and...
Hey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are seeing price play between two weighted levels 2351 resistance and 2333 support. We will need to see either weighted level break and lock to confirm the next range. We will need to see ema5 lock above 2351 to further open the range above or a rejection will follow to...
Hey Everyone, Please see our updated 4h chart levels and targets for the coming week. We are seeing price play between two weighted levels 2354 resistance and 2327 support. We will need to see either weighted level break and lock to confirm the next range. We will need to see ema5 lock above 2354 to further open the range above or a rejection will follow to...