Gold price today drops gently, the price has a peak to create a high price and slightly retreats to $ 2272 after reaching US $ 2300 at the beginning of yesterday. Accordingly, the forecast of the direction of gold in the coming time, solid economic data and "persistent" inflation may force the Fed to maintain a positive monetary policy throughout the summer, but...
Gold Technical Analysis: 4-hour Timeframe: The first range for a reversal and market turnaround in the 4-hour timeframe is almost the upper limit of the uptrend channel: 2244 - 2252 With targets: 2225 - 2212 - 2180 The above scenario is based on positive gap or market start with a positive trend and reaching numbers until tomorrow's close. Sell signals and...
price made a series of LH and LL resulting in a downtrend. Price recently broke out of the downtrend and made a choch and retested the OB on the 15m tf. using the taps of the trendline we can see there is liquidity over top. we can waot for a choch on 1m tf to enter.
Hello everyone, how do you think gold price today will move? Opening for the new week, gold traded at about 2019 USD and increased by $ 6.5 in Asia's first trading hours. The gold market forecast may be quiet this week when there is little important data published. In addition to the weekly unemployment benefits and Fed officials, the market will wait for the...
Gold made a big false break yesterday before New york open, it was a classic bull trap. With todays FOMC I expect price to drop to 2009 and ultimatly 2003. Use proper risk management. The day is expected to close Bearish. #REDDAYCLOSE
Take a look at our analysis for GOLD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 2029.377. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1946.116 level. P.S The term...
Entered during London session, rejection from CE of the orderblock, targeting 1:3 RR Trade I will hold through the day Simple, see how it pans out
Please, check our technical outlook for GOLD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 2045.792. Considering the today's price action, probabilities will be high to see a movement to 2030.377. P.S Overbought describes a period of time where there has...
Hello,Traders! GOLD was trading in an Uptrend along the rising Support but now we are Seeing a bearish breakout So I think that it will go down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Gold giving us more bearish price action from last week we had a one bullish range which continued into a bearish order flow which we expected to happen we've now moved lower and we're expecting price to continue bearish into the beginning of this week with a midweek pullback which we will be keeping track of to possibly capitalise on buys overall we are still...
Here is our detailed technical review for GOLD. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 1919.237. Taking into consideration the structure & trend analysis, I believe that the market will reach 1904.234 level soon. P.S Please, note that an...
Hello everyone, looking at the daily timeframe we can see gold has picked up volatility below 1890 with a strong rejection back into the 1900's Should we see price hold and not reject key levels of resistance, expectation will be for gold to return to the range we have previous seen gold stuck within, with a push to 2000 creating a top wick for the monthly candle...
Looking to buy from the support level of 0.87240, waiting for that pull back before we enter just to add extra confirmation
Waiting for more confirmation of gold, can it break 51 support during NY? Sells below this level for me.
Here is our detailed technical review for GOLD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 1981.93. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1947.61...
Key support and key resistance for gold lay between 1910 and 1895. We could see gold sink further today, once key support is broke gold could drop to 1880 and lower. Lots of news to keep an eye on also. I will be looking to sell from rejections around 1910.
Gold continues to fall after breaking key range, Golds forming a bearish channel, again what I spoke about yesterday. Also looking like a bearish wedge is forming. Gold is approaching the key support of 1895. Possible rebound from the level to the nearest resistance I predict. The trend is clearly bearish, I’ll be targeting sells today. If another key support...
With golds fall over the recent days, its clear to see its in a bearish channel. Im looking to sell now and target 1900, 1885 in the mid term. Price below 1910 will cause an impulse to 1900, Sell entered at 1912, let the melt begin...