Hello,Traders! GOLD is trading in a local Uptrend and the price Broke the key horizontal Level of 2030$ decisively And is now making a local Pullback to retest the new Support level from where I believe will see a Further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Here's a recap of our gold trades this week: We went against the crowd and bought gold when others were selling. The result? A fantastic +350 pips in profits from this analysis. And guess what? We're not done yet! We're still eyeing a long journey for gold, aiming for $2040. Keep an eye out for our upcoming analyses later this week. Stay tuned!
Hey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are seeing price play between support 2030 Goldturn and resistance at 2036 Goldlturn for a test and break on either Goldturn to confirm the next range. We have resistance at 2036 for a immediate bullish target and 2030, as our bearish level target. We will see price range...
Hey Everyone, Please see our updated 4h chart levels and targets for the coming week. We are seeing price break 2033 but EMA5 is lagging behind. Although we have open target now at 2042, we will need to see ema5 cross and lock above 2033 to open the full range 2042 and 2052. We have support now at 2033 and our bearish retracement zone at 2022. We will need to...
Hey Everyone, Please see our daily chart idea that we have been tracking for a while now, which is playing out and respecting dynamics perfectly. Previously we got the 2043 hit, as analysed and we advised that we will be waiting to see either ema5 cross and lock above 2043 to open the range above or a new Goldturn formation below 2043 to confirm rejection into...
Hey Everyone, This is our monthly chart long term projection chart. We have been tracking this chart since July 2023, which we saw completed hitting all our targets perfectly with a perfect finish on the channel top. We then tracked the rejection from the channel top into the monthly chart detachment highlighted by the circle with room still left at 1987 for a...
My dear followers, I analysed this chart on GOLD and concluded the following: The market is trading on 2035.3 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 2024.3 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to...
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bulls are taking over so we will bend to the will of the crowd and buy too. ❤️ Please, support our work with like & comment! ❤️
Hello traders, I want share with you my opinion about Gold. Looking at the chart, we can see how the price a not long time ago entered to downward channel, where it first rose to the resistance line, but soon rebounded and declined to the support line, thereby breaking the 2040 resistance level, which coincided with seller zone. After this movement, the price rose...
My pridection on gold I am looling sell from here my Target point is (2027) I am totaly a price action trader and I work only spot & risistance Follow for more
Hello,Friends! We are going long on the SILVER with the target of 23.184 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band.However, we should use low risk here because the 1W TF is red and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
#USOIL. market continue consolidation from last couple plus weeks, technically market very well placed upside area around 79 plus. keep in mind if it will holding this area for futher then downside drop expected to my expected area, let c what will be done from market side. good luck trade wisely
Here is my latest structure analysis for Gold. Horizontal Structures: Resistance 1: 2054 - 2065 area Resistance 2: 2077 - 2088 area Resistance 3: 2142 - 2148 area Support 1: 1984 - 1992 area Support 2: 1965 - 1977 area Support 3: 1932 - 1938 area Vertical Structures: Vertical Resistance 1: Rising trend line Consider these structures for pullback/breakout...
Gold, hovering near the upper channel of the bullish wedge, is poised for a potential pullback to the 2020 level, forming a higher-low outlook. Following this, the focus most likely will shift towards a target above approximately 2071! N.B! - XAUUSD price might not follow the drawn lines . Actual price movements may likely differ from the forecast. - Let emotions...
Gold rose for the fourth straight session on Tuesday (+0.50% to $2,027), holding above the $2,025 mark, supported by falling US Treasury yields and a weaker US dollar. The same risk aversion on Wall Street is likely to support the metal's rally. Considering the recent gains, XAU/USD is up over 2% from last week's low near $1,985 after higher-than-expected US...
World gold prices are waiting for salary data and the hearing of the Chairman of the US Federal Reserve (Fed) in early March. At 8:40 a.m. this morning, February 22, Vietnam time, the world gold price stood at 2,027 USD/ounce, a slight increase of 2 USD/ounce compared to the same time last morning. In the short term, world gold prices may move sideways. World...
Market participants are looking forward to the release of core PCE data next week, which is expected to cause volatility in the FX market. Consensus estimates forecast a 0.4% rise in January, bringing the annual rate down to 2.7%. Traders should prepare for a potential surprise similar to last week's CPI and PPI reports. Stiff price pressures in the economy,...
AMEX:USO Headed back to the 50 day. Really quick. Will continue watching to see if we hold $69s or break lows. I'm expecting the pullback to resume after a quick stall at the 20day sma. The giveaway that helped pay last time was the rally above the death cross. That first rally is usually bearish as noted in the chart posted. Fast forward and we have the same...