XauUsd is testing 200 W MA. This is a major decision. This could be a reversal point for gold.
Currently, the Gold price chart is facing an increasing angle in a descending channel. ( the Opening angle in the range of motion frequency, also call geometric Brownian motion ). There is a possibility of Breaking the bottom of the Channel and a Fall in the price range of $1,718, and this price range is also the Bottom line resistance of the channel. Gold dollar...
Please write any advice or suggestions. Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed and ask any questions. Thanks for your attention
Please write any advice or suggestions. Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed and ask any questions. Thanks for your attention
For me #XAUUSD is long to 1800. Entry: 1776.275 SL:1772.000 TP1:1787.700 TP2:1800.000 Please like and comment what you think!
Wave D & E can take another year, probably. As soon as $2070 barrier is broken we will see gold rocketing to $2700.
Pivot Point: 1766 Currently: Consolidating at this 1773 level , its next support zone is at 1780 Reaction: Resisted at 1756 and retraced back to 1750 I just started sharing my daily technical analysis of Metals & Forex Market with my indicators on tradingview~ Wish to receive some feedbacks from you! 😊 Btw you can feel free to use our designed indicators!!! Just...
Hi everyone The effects of U.S. consumer inflation data on Friday can be seen already.Starting the week with a red bar doesn't look good. There is a triangle pattern on daily on XAUUSD and it has already seen 2 pushes down, this move down will be the 3rd.But in case a break out occurred reaching lower levels will be possible. Hope this analysis helps you in...
Gold lost its shine due to a minor pullback in the US dollar. Technical: The near–term support is around $1830, The yellow metal faces strong resistance of $1860
Hello everyone As XAUUSD making a green bar in weekly. we can see a bull channel taking form in 4 hours and lower time frames.If we consider the buy volume which we got from less than 18 hours ago, we may get to see the price exceed 1860$ by the end of the week. The double bottom pattern shows a good amount of buy in 4 hours chart, considering the exhaustion...
Yesterday the Federal Reserve initiated their first interest rate hike since 2018, taking the Fed Funds rate from 0 – ¼% to ¼% – ½%. The rate hike of ¼% was not only anticipated by market participants but was also factored into current pricing. The dramatic change in the Fed’s forward guidance announcing that they intended to raise rates at each of the FOMC six...
Last 2-3 years was very intense for money printing, FRED website charts shows it as well. We also may look into some class of commodities (like corn, oats, wheat, energy), to confirm the words of significant loss in value of money. It's always worth thinking about securing your profits & diversify funds, with proper (for you) balance on different class of...
XAUUSD gold could possibly drop to 1800.00 in my opinion and then look for highs into 1850.00 once again for swing trades.
Gold is in wave C. We can measure it buy formation of wave B in Ret. 38.2 & the time token to brake the top of wave A. I mean, the speed of the last wave can be considered as a proof of being in a new motive wave not a correction one. The TP is measured using Elliot and Fibonacci rules. Personally, I think the price will hit the target in 10 years or more!...
Could XAUUSD be forming head and shoulders pattern on the Daily time frame? If so, are we likely to witness it happen before the close of Q4? Are the major investors looking to sell their positions on gold in favour of DXY? Will XAUUSD price revisit the neighbourhood of 9th August lows (1663.27) ? Market does what the market wants. So I'll take my bias as...
XAUUSD Pair may see a significant rise following the recent price fall that drove price to a dynamic resistance (1778.971) from 1876.984 resistant area. Strategy : Breakout and Retest I want to see price break out of the current structure ans retest at least 70% fibo level of the pump that triggered the break out before i buy in. This acts a a save zone for my...