XAUUSD is currently positioned within the support zone and has potential to ascend towards yesterday's closing price at $2318 or above. Additionally, this presents a valuable position to consider taking.
✅GOLD is going down Now and the price broke The key horizontal level Of 2300$ and the breakout Is confirmed so we will Be expecting a further Move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Gold retreated over $100 from its all-time highs established earlier this month. Interestingly, this move down follows a pullback of similar magnitude in the U.S. stock market, which we have repeatedly referred to as a threat to gold’s spectacular performance; one minor detail to point out here is that this time around, gold seems to be falling in reaction to what...
Traders, Here's a breakdown of the current situation: Daily Chart: Despite a bullish channel, recent candles show signs of weakness, warranting caution. 4-Hour Chart: The trendline has been breached, and a reversal to this broken level is underway, indicating a potential shift in momentum. Intraday: A pivotal point coincides with previous significant zones,...
Gold is beginning to trend downward as the dollar shows a slight uptick in strength at the outset of the EUR/LON session. While the dollar index remains within the range of 105 to 106, a breakthrough above 106.100 or 106.200 could signal further gains for the USD in the upcoming wave. However, it's worth noting that we've been witnessing high timeframe...
Hello,Traders! GOLD is trading in a local Downtrend and the price Has formed a bearish Flag pattern and we are Already seeing a bearish Breakout so we are Bearish biased and we Will be expecting A further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Gold is adhering to the ascending channel pattern, creating a higher low at the channel's lower boundary, signaling strength in the uptrend. This suggests a high potential for the price to test the upper limits of the channel.
Following our previous analysis (links provided in the description below), gold continues its upward trajectory, in line with the prevailing trend since the beginning of the year. The recent pullback to the $2295 area appears to have attracted buyers seeking a discounted price, fueling the impressive momentum of this metal. After a brief consolidation period...
✅GOLD is moving up Now and the price made a Retest of the key horizontal Level of 2325$ from where We are already seeing a Bullish rebound LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello Traders, here is the full analysis. Price reversal going up, levels for BUY . GOLD long ! Great BUY opportunity GOLD / XAU I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I...
Hello,Traders! GOLD went above the Key horizontal level Of 2325$ then made a Retest and is going up now Again so I will be expecting A further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
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:...
Traders, In our assessment of gold, we've identified crucial zones that warrant close attention: Strong Reaction Zones: Anticipate significant market reactions at these levels. Initial Take Profit (TP): The first TP may represent a relatively weaker point. Trend Change Potential: Breaking above the top zone or below the lower zone has the potential to alter the...
Gold experienced a significant retreat upon reaching the upper boundary of its channel, approximately at the value of 2333.35. Currently, the price has faced resistance and subsequently retreated from the 50% Fibonacci retracement level, indicating a potential pullback towards the upper bounds of the channel. In response to these developments, we are actively...
Hello traders, I want share with you my opinion about Gold. Observing the chart, we can see that the price some time ago rebounded from the support line, which coincided with the 2305 support level and buyer zone and started to rise to the 2380 resistance level. When the price reached the 2380 level, it soon broke it and rose to the resistance line, but then Gold...
Gold flipped $2310 resistance to support zone after a brief break out, and it clearly shows how the price is following the trend line. Expecting the price to retest $2400 - upper limits of the triangle.
The XAU/USD pair (spot gold) on the M30 timeframe presents a potential shorting opportunity due to the presence of a bearish flag pattern following a strong downward move. Potential Short Trade : Entry: Consider entering a short position (selling) below the broken support trendline of the flag after confirmation. Ideally, this would be around 2330 or lower if...
Simple trading - "M" Pattern Massive Sell-off incoming This is by far the easiest pattern to spot. Do NOT follow the trend anymore. Respect the pattern. A retest to 2340 with rejection is a clear sign of new resistance. If Gold can manage to break above 2345, then look to continue buying. The two entries I'll be looking for are SELLS at 2340 with a 50pip stop...