Gold to close above $2200 this week or next? Examining the daily gold chart, it appears there's a potential bullish flagpole pattern forming, indicating a possible forthcoming breakout. If this pattern unfolds, gold prices could rise. This week, gold attempted to breach $2,200 but faced rejection, dropping to $2,080 before rebounding above $2,190. However,...
H4 Analysis: Bias/Analysis remains unchanged since last analysis dated 22/03/2024 -> Swing: Bullish. -> Internal: Bullish. Gold continues it's bullish run following the Fed's dovish outlook on interest rates. Price has printed a bullish iBOS where we are currently trading within a fractal high and internal low. Relative to recent price action of the...
here is the full plan for gold as long as prices stay below 2222 this analysis is valid break of 2147 confirm this idea with the same invalidation point the area of 1980-2026 is a good area to look for a buy setup so trade safe and follow me 😉 giving this idea a BOOST is the next step you do 😄
Today may or may not pan out as far as triggering an entry. As of right now we are hitting 2 out 5 on the checklist which means, NO ENTRY. Will revisit at 0845. what will I be looking for? US Core Durable Goods Orders US Durable Goods Orders Why? Because 'actual' less than 'Forecast' is good for precious metals. If this happens at 0830, Ill feel...
H4 Analysis: Bias/Analysis remains unchanged since last analysis dated 22/03/2024 -> Swing: Bullish. -> Internal: Bullish. Gold continues it's bullish run following the Fed's dovish outlook on interest rates. Price has printed a bullish iBOS where we are currently trading within a fractal high and internal low. Relative to recent price action of the...
It is often said that gold tends to perform well during economic uncertainty and crisis. But is this really so? Let’s examine gold's volatile history before and during recessions in the past 50 years. The 1960s and 1970s were marked by many economic and geopolitical changes, including multiple crises of the British pound, the collapse of the London Gold Pool, the...
Gold has been consolidating just beneath the uptrend line within the ascending channel, presenting a potential scalping opportunity for those looking to sell. However, it's important to approach this with caution;it's a riskier play, so managing your risk and position size wisely is crucial.
Understanding market cycles is key in financial trading, as showcased by our recent sell call on #XAUUSD. After a bullish spike and a period of steady growth within an ascending channel, Gold entered a trading range, indicating a pause in buying momentum. This signaled an opportune moment to execute a sell, anticipating a potential retracement from the range's...
GOLD OANDA:XAUUSD - Mar. 25th, 2024 Weekly: Bullish Daily: Bullish 4H: Bullish BUY/LONG ZONE (GREEN): $2186.000 - $2280.000 DO NOT TRADE/DNT ZONE (WHITE): $2155.000 - $2186.000 SELL/SHORT ZONE (RED): $2072.000 - $2155.000 OANDA:XAUUSD had strong bullish momentum after breaking out of a previous range and is currently developing a new range at the top of the...
Gold giving us a clear bullish structure but we also reached our ATH and we know price very often reaches for liquid after an ATH is reached, this does not mean we are looking for price to shift bearish but we have to keep this in mind as always, as you can see here on the chart we have liquid lows and 4 ideas of what we think price may deliver! Please keep in...
Hello,Traders! GOLD is trading in an Uptrend and the price Is about to retest the Horizontal support of 2150$ And after the retest we Will be expecting a Local bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Weekly Analysis: -> Swing: Bullish. -> Internal: Bullish. Price has finally printed a bullish swing BOS. Most likely scenario would be for price to pull back following swing BOS (Break Of Structure) First structural indication, but not confirmation that pullback has initiated would be for price to print a bearish CHoCH which is denoted by a vertical blue...
Gold has shown me something surprising whilst overlooking some charts, we appear to have this huge monthly divergence in the asset when alongside the cumulative delta, now I have my doubts as this delta should be using orders for the most efficient results, but it is sure is interesting as its the only divergence I can find looking back, be interesting to here...
This is a Weekly post for several pairs showing HTF Markup only using Smart Money Concept (SMC) on Weekly, Daily and 4H Time Frames. Feedback will be highly appreciated. U.S. Dollar Index TVC:DXY Weekly: Daily: 4H: Gold Spot / U.S. Dollar OANDA:XAUUSD Weekly: Daily: 4H: British Pound / U.S. Dollar FX:GBPUSD Weekly: Daily: 4H:...
Hi folks today I'm prepared for you Gold analytics. A few moments ago price rebounded from the trend line and rose to the support zone, but when it reached this zone, XAU at once made the correction below. After this movement, the price turned around and continued to rise to the support level, which is located in the support zone, and in a short time later Gold...
Gold prices have entered a consolidation phase, oscillating within a narrowing range, which could be indicative of a forthcoming significant move. The Bollinger Bands on the chart are beginning to tighten, often a precursor to a breakout. Currently, prices hover just beneath the previous all-time high, suggesting that gold is testing critical levels. The recent...
H4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Gold continues it's bullish run following the Fed's dovish outlook on interest rates. Price has printed an iBOS where we are currently trading within a fractal high and internal low. Relative to recent price action of the swing range, I have readjusted bullish BOS to bullish iBOS. Intraday...
The move from March 2020 to August 2020 Was a measured move that played out to the Tee. We have a similar structure building that projects to the High 30's Suggesting #Gold move beyond ATH's and #Silver the beta play to move faster in an attempt to catch up, and move towards it's high's again.