Gold is just an adjustment in the short term. The bullish trend has not changed yet. The correction has been in place. Buy directly at the current price of 2340! After the opening of the market, gold continued to adjust weakly, stepping back to the support of the 2340 area. After the short-term dip, it continued to be bullish. Gold has begun to step back to the...
My Dear Robbers / Traders, This is our master plan to Heist Gold Mine based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned 2 Plans with target in the chart focus on whether Long or short entry. Our target is Red Zone for Bulls and Green Zone for Bears that is High risk Dangerous level market is overbought / Consolidation...
#GOLD..perfect move as per our video analysis.. And now market just near to his swing region. That is 2343 around Keep close it guys it's your area area for further move to anyside at least 15 points.. (BUT ONE THING IS KEEP IN MINE THAT 2342 BELOW CUTT N REVERSE VALID) Don't be lazy here and keep close . Good luck Trade wisely
Hello traders! ‼️ This is my perspective on GOLD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. I wait price to continue the retracement and then to reject from trendline + liquidity zone. Fundamental news: Upcoming week on Wednesday (GMT+3) we will see results of monthly and yearly...
#GOLD..perfect move as per our video analysis.. And now market just near to his swing region. That is 2343 around Keep close it guys it's your area area for further move to anyside at least 15 points.. (BUT ONE THING IS KEEP IN MINE THAT 2342 BELOW CUTT N REVERSE VALID) Don't be lazy here and keep close . Good luck Trade wisely
World gold prices last week mainly maintained a recovery trend. At the beginning of the trading week, precious metal prices were listed above 2,300 USD/ounce and spent most of the trading week in the range of 2,310-2,330 USD/ounce. During the trading session on May 10, the world gold price at one point recovered to 2,375 USD/ounce. However, the upward momentum...
we see now correction in 4h that means price may gone down to the 4H imbalance
As 2024 unfolds, gold prices are poised for a significant surge due to the economic and geopolitical forces that underline a strong bullish trend in the market. Despite the challenges posed by a strengthening U.S. dollar and hawkish stances from the Federal Reserve, gold has maintained robust performance. This strength is further supported by a marked increase in...
Medium-Term Fundamental analysis: Middle East Crisis (Iran and Israel) They run away from every fight (battle, war .. :) , we know this means "Decreasing tensions in the Middle East" Technical analysis: Wave C = 123.6% of Wave A Bulls see it as a sell signal Conclusion: This market needs a correction
Now Rising Wedge Pattern Target achieved. Wait for completion of Retracement to Next Trade.
Analysis Summary Based on the current trends and Elliot Waves patterns, I forecast a continued downward trajectory in the stock market. Here are the key insights: Projected Downward Trend: The current market pattern aligns with a bearish cycle according to Elliot Waves, indicating the potential for continued decline. Expected Support Level: I anticipate...
Gold got rejected at R2 level projected and already formed double top which is likely to drive the metal down. A failure of support at S1 to hold gold's price will see metal price dropping below 2338 to test S2. Having said that, gold may encounter early support at 2352; and price is rejected at this level, we might see gold again testing R2. N.B! - XAUUSD...
There wasn't a lot of good news over the weekend that prompted gold to rise sharply this week. On the contrary, gold continued to fall on Monday because of gold's surge. Perhaps this is good news for bears. The trend of the chart then saw a sharp correction due to the digestion of the news, and the current position is oscillating around 2343. Put aside the...
Last week, the yellow steel published modest profits as expectancies that the United States Federal Reserve (Fed) might loosen coverage this 12 months improved following vulnerable monetary data. Experts say that subsequent week is an vital time to determine whether or not gold will attain a brand new document or now no longer while the marketplace gets the April...
Based on current trends and analysis, I forecast that XAU/USD will reach a new all-time high (ATH) this week at the earliest and next week at the latest. Therefore, we should consider taking a Long/Buy Action in the market. Here are the key insights: Reversal: There was a strong rejection at the 2291 area after experiencing a strong rejection at 2393. This is...
AFter the Price reach 2430 price of GOLD retrace on the 2nd weekly candle with a 50% retracements. This idea base on the continue move upside of TVC:GOLD it might clear the previous high! I will Update once price Hit the target 1. This is only 1H timeframe. THis idea is base on my understanding only, if this works for you, then trade it or leave it be. This...
Hello Traders and Investors, today I will take a look at Amazon. -------- Explanation of my video analysis: Just three months ago Gold broke out of a very long term ascending triangle formation - similar to the triangle formation which we saw back in 2019. So far Gold is just creating the expected continuation higher and you can definitely close out partials...
As expected yesterday, the price of gold broke through the shock range after the initial jobless claims data was released, and has now risen to around 2376, a very large increase. The reason why this increase is so large has a lot to do with a number of important data released recently. We can see that the number of initial claims for unemployment benefits and the...