You can see all the important zones and levels on the chart. Personally, I have lower targets on my mind for gold but for now, I expect the price to penetrate to the sell-side liquidity and then I will update this TA. 💡Wait for the update! 🗓05/10/2023 🔎 DYOR 💌It is my honor to share your comments with me💌
Looking for Gold to hit the 50% area of the D FVG that has been created and return back bullish. On the flip side, price could break that 50% zone to create an evening star. BUT since structure has not been broken I am still bullish and looking for the bullish bounce at the 50% area to continue bullish.
hello traders gold is setting a nice pattern we can enter before the break or after the break of the pattern we are in a good bullish push lets catch follow for more
Hello traders, GOLD is creating a shape for the upside move, i am expecting from price to come around our mentioned 0.5 to 0.618 fib levels and then looking price action for a long position opportunity with the strategy, if strategy allow me to trade it. This is just analysis trade with your own according strategy. GOOD LUCK & GOOD TRADING
As you can see, we expect the price to rise from here until our low time frame supply zone and then fall. For that, we need confirmation. We can define targets as follow: 1848 1826 1815.6 💥Important note: If the low time frame supply zone (you can find it on the chart) will not confirm, we expect the price to rise and fill the fair value gap of 1918.54-...
Free peak at my chart of gold. Take a look at how easy it is to visualize the trend on a chart when you mark out the highs and the lows. Take what you came from this. I am not going to give you everything. :)
So gold currently moving on a downtrend line while facing support at 1727.67 & resistance at 1747.17. now if gold closes below the support then it might continue pushing down while moving in respect to that downtrend line towards the next support at 1705.40. However if you see gold respecting the support and closing above the resistance then it might continue to...
Gold breakout falling channel and 55-EMA Gold edge above cloud top with hope 110-EMA resistance zone
On our yesterdays daily analysis on gold, we anticipated if price closes below the support zone at 1657.93, then it would continue pushing down to the next HTF support at 1639.58 by breaking out of the uptrend channel that it was moving in. And today the price did the exact same thing which right now we expect the price to continue pushing further down to the HTF...
Price currently moving in an uptrend channel & facing recent Support at 1656.61, Resistance at 1667.68. Now if price respects the support & closes above the resistance then it could continue its uptrend channel move to continue pushing up to the next resistance at 1678.98 as shown in chart. However if price respects the recent resistance at 1667.68 & closes below...
Gold currently has a support at 1648.00 while also having a resistance level at 1656.29. now seeing how gold has been creating lower lows in respect to a higher TF downtrend channel, so if gold continues to respect the resistance levels & breaks out of the support, then it could continue the HTF downtrend channel to come all the way down retest the previous low at 1640.05.
Price formed a small structure after a bearish engulfing candle close on 1 hr tf. Now in that small structure price facing resistance at 1718.55 & support at 1711.61. so price if makes a breakout of the structure with further bearish momentum, then it could continue pushing to the next support zone at 1704.36 or all the way to 1693.91.
Price after a retest on the supply zone & also 0.786 fib level, showing signs of price rejection while also facing recent support at 1631.91. Now if price without making a breakout of the supply zone, it makes a break & close below the recent support, then price might continue to push down to retest the previous low at 1621.36 or create new lower low in respect to...
Price currently ranging in between 1680.51 as its resistance & 1656.16 as its support. now if price respects the support & closes above the resistance, then it could continue to push up to the next zones at 1692.36 or all the way to 1707.02 to make a retest on the newly forming downtrendline. And if price respects the resistance & closes below the support the it...
As you can see price moving in a downtrend channel & also formed a small timeframe structure while facing resistance at 1671.55 & support at 1653.46. now if price respects the resistance & breaks out of the support at 1653.46 then price might come continue to push down to retest the next HTF support at 1644.40 while still moving in respect to the...
Price retesting a major support zone on HTF at 1680.50 & also facing recent resistance at 1690.93 while moving in a downtrend. now if price respects the recent resistance and breaks & closes below the major support zone then gold could continue pushing down creating new lower low. However if gold respects the support and makes a breakout of the resistance then...
Price retesting the previous high at 1733.80 almost making a breakout of a major resistance at 1728.46 after creating a new higher low & new support at 1720.63. so if gold continues to respect the new support & makes a breakout of the previous high at 1733.80 then it might continue to push up to the next resistance at 1745.47 or all the way to 1759.83. However a...
Price facing strong price rejection from the resistance level at 1726.90 & currently retesting a recent support at 1718.21. so if price continues to respect the resistance at 1726.90 & breaks below the recent support at 1718.21 then it could continue coming down to retest the next support at 1713.78 & retest the uptrendline as well.