SasanSeifi

SasanSeifi 💁‍♂️GOLD 👉1D🔻 1913 / 1896 🟡

SasanSeifi Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Hey there, buddy!

So, let's talk about what's been happening in the daily timeframe. Since early March, we've seen the price facing some buying pressure around the 1809 support level. It managed to break through the important resistance level at 1892 and even the price structure, which led to a nice little rally. It reached a fresh high around 2081, which was pretty exciting!

But, The price has been going through a correction phase for about a month, bouncing between the price range of 1984 and 1935. Now, here's a possible scenario to consider: if the price drops below the 1935 support level and holds steady there, there's a good chance we might see further correction toward the support levels at 1913 and 1890. We'll have to keep an eye on how the price reacts to those levels to get a better sense of the next move.

Now, if things go as planned, we could see some positive price action and a nice upward trend coming from those support levels. But if the price manages to hold above the 1935 support level, we might be looking at a range-bound trend with some partial positive swings.

Oh, and don't forget the important resistance levels in the daily timeframe, which are around 1965 and 1984.

Just keep these scenarios in mind as you analyze the market. Remember, things can always change unexpectedly, so stay flexible in your trading approach.

Wishing you loads of success in your trading adventures, my friend!

❎ (DYOR)...⚠️⚜️
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!

And if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you! 🙏✌️
Comment:
TP1: 1913 REACHED.🔥 TOTAL RESULT SO FAR MORE THAN 200 PIPS🔥✅✌

Comment:
Hey there,
🔱According to the latest analysis, the price has reached the first corrective target and encountered a correction. Currently, considering the positive response to the support level in 1913, the price has been able to advance toward the resistance zone in 1935. From an analytical perspective, the previous report remains valid. It is anticipated that a correction towards the price range of 1896/1890 could occur. To gain a better understanding of the future trend, it is important to observe the price's reaction to the support levels. If confirmed, there is a possibility of further positive movement. Alternatively, if the price surpasses and maintains above the daily resistance zone of 1935/1955, there is a likelihood of further growth.💹

🔱Just keep these scenarios in mind as you analyze the market. Remember, things can always change unexpectedly, so stay flexible in your trading approach.

Wishing you loads of success in your trading adventures, my friend!✌

❎ (DYOR)...⚠️⚜️
Comment:
Hey there,😎
Based on the latest analysis, the price has hit a correction and reached our target of 1896. Right now, it's hanging around the 1908 range. Now, the big question is how the price will react to the support zone. It's super important to hold that support level at 1896/1890. If we get confirmation, we might see a positive reaction and a nice upward move in the price. So, let's keep an eye on it❗

tp: 1896✅🔥

🔱Just keep these scenarios in mind as you analyze the market. Remember, things can always change unexpectedly, so stay flexible in your trading approach.

❎ (DYOR)...⚠️⚜️

Comment:
Hey there,😎
let's take a look at the daily timeframe chart! Based on the latest price analysis, the price has reached the desired correction level of around $1896 and experienced a positive bounce from the demand zone. Currently, it's trading at around $1919. ✅

In the daily timeframe, here's what we can expect: in the upcoming week, we might witness some sideways movement and minor positive fluctuations before encountering resistance levels once again. To better understand the future price movement, we need to observe how the price reacts to these resistance levels. If it successfully breaks above the important resistance levels at $1935/$1953 and holds steady, there's a possibility of further upside. However, if it drops below the key support level at $1890, we may anticipate more downside with additional correction.💹

🔱Just keep these scenarios in mind as you analyze the market. Remember, things can always change unexpectedly, so stay flexible in your trading approach.

🔹Wishing you loads of success in your trading adventures, my friend!✌️

❎ (DYOR)...⚠️⚜️
🔹And if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you! 🙏
Comment:
Hey there,😎
▫️As you can see, based on the latest price analysis, the price managed to make a positive move toward the significant resistance level in 1935 and then faced a correction. As mentioned in the previous analysis, there is a possibility of price fluctuations. Currently, the price is still oscillating between the price range of 1935 and 1896. The previous analysis remains valid.✅

🌀One potential scenario to consider is that if the price successfully breaks above the resistance level of 1935 and consolidates above it, we may witness further growth toward the next target levels in 1952/1960. To better understand the continuation of the price trend, we need to observe how the price reacts to the resistance levels. Alternatively, we might see the price getting rejected again from the resistance level of 1935 and entering a consolidation phase. The important support range on the daily timeframe is 1900/1896.💹

🔹Just keep these scenarios in mind as you analyze the market. Remember, things can always change unexpectedly, so stay flexible in your trading approach.❗️
🔹Wishing you loads of success in your trading adventures, my friend!✌️

❎ (DYOR)...⚠️⚜️
🔹And if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you! 🙏
Comment:
◼Hey there! So, let's take a look at the daily timeframe for gold. It's been quite interesting to see how it finally broke above that stubborn resistance in 1935 and made its way out of that range with some buying action. The good news is, it managed to reach the 1964 price level. Now, looking at the medium-term picture, there's a chance for even more growth, possibly up to the 1970 / 1980 / 1984 price range.

🔶Now, here's a possible scenario to keep in mind: We might see the price experiencing a little correction, heading towards the range of 1945 / 1935 / 1940. But, don't worry, if it finds support in that area and gets confirmed, we could be in for a nice positive price reaction. Just remember, for a clearer idea of where the price is headed next, we'll need to see how it behaves around those support levels during the correction. Happy trading! 😊

❎ (DYOR)...⚠️⚜️

🔹Just keep these scenarios in mind as you analyze the market. Remember, things can always change unexpectedly, so stay flexible in your trading approach.❗️

🔹And if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you! 🙏
Comment:
Hey there! Based on the latest price analysis, the market has shown some impressive growth! It soared more than 200 pips starting from the initial support range in 1945 and reached the desired target range in 1984🔥✅✌


Follow Your Own Trading Plan!

😍 Join our free Telegram Channel for more analysis

🔱Telegram👉 t.me/Forex_Crypto_Signal_Free_VIP
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.