Looking at the Gold Chart, there isn't much we could add. The chart says it all. We think that wave 3 in green is completed, and at the moment, the corrective wave 4 is underway. After wave 4, we expect the downtrend to continue. The target is the area at around $1800. Our scenario is valid as long as we do not reach prices above $1908. Should the bulls break...
With what is forming as a wave 4, we might see a bit of retracement to the upside region of the 1890 before a huge drop to the anticipated 1700s, our bias changes if the price zone of 1930 is breached, meanwhile the bears are still in control. TRADE WITH CAUTION
GOLD 4H-TIMEFRAME ANALYSIS 💡 Hello ladies and gentlemen This is my new idea for Gold My idea is that XAU will continue to downtrend It tests the resistance area 1900, is the best opportunity to open more short position Targets 1820 1780 I hope my idea is clear Support me by like and share Good luck 💰💯
Hello and welcome back. If you found this idea helpful, please leave a like. Gold looks like it wants to retrace back to 1920-1930 before heading to 1800. Again, I am looking for lower prices overall in Gold, but I believe it will retrace. Refer to the related ideas area for more information.
We are at a very interesting point with gold right now. Resistance has been formed around 1883-84, if we break it and form support on lower timeframes we have good potential to fill the wick and maybe even tap into resistance if there is enough volume in the market, that would be the first target. However if we break below support there are opportunities for...
The magic number with gold this week will be 1930. It will be deiced long or short is 1930 resistance will hold or break
A break above the confirmation level will give us assurance that our wave count is correct, then Gold has finally finished it A-B-C correction, which its B was made up of a triangle structure,,, The target for this trade is the High of the year (2075)
Detailed levels for buy / sell. On the screenshot below 🠗🠗🠗 ibb.co Gold futures. Today's matrix for intraday trading on m5 timeframe. Hi everyone. My analysis done for my main timeframe 5m. I start from higher timeframes D1, H1 and move down to lowest m5. Gold Futures Contract, COMEX — 12-20 My trading is based on market phases.For timeframes...
Could be a good opportunity if there is enough volume in Asian tonight, we have formed a resistance on the 1h tf, a solid break and formation of support could give a good chance for longs up to 1872-74, the next resistance. However if we get a break of support below 1858.75, we could see gold potentially retesting daily support as there is a clean wick to fill,...
GOLD 1D-TIMEFRAME ANALYSIS 💡 Hello ladies and gentlemen This is my new idea for Gold My idea is that XAU will continue to downtrend Targets 1770 1700 I hope my idea is clear Support me by like and share Good luck💰💯
GOLD 1H-TIMEFRAME ANALYSIS Hello ladies and gentlemen This is my new idea for GOLD My idea the XAU continue to downtrend Targets 1835 1764 I hope my idea is clear Support me by like and share Good luck
GOLD Yesterday it has broadly reached 1854.00 level which is a low volume area. And found some minor support and making a short-term rebound towards .618 Fibonacci retracement level which is a next support level for the bear. before that August 21 low 1882.425 will act as resistance If the 1895.00 level is broken then bull surely visit the 1900.00 level and may...
Gold 1W-TIMEFRAME ANALYSIS Hello ladies and gentlemen This is my new idea for Gold the price breaking daily support 1860 But be relaxed Real support is between 1700 and 1730 It would be good to test it From there we will start the bull market I hope my idea is clear Support me by like and share Good luck
Gold break thru major support recently, was expecting it to bounce at least from 1880 level to retest 1965 but seem like it going to retest 1815-1830 level first. Hence I will enter short at 1860 - 1870 level.
For intraday traders: Open position inside the triangle buy/sell For long-term traders: wait for breakout and then sleep on it Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
Finally hit my short TP at 1903 although it overshoot to 1885 level. But anyway lets get back with bull for now. I was expecting to long at 1860 level but it seem gold may retest 1960-1970 first before further downside.
The uptrend scenario for gold There are two scenarios for gold, the first of which was described earlier. In the case of the second scenario, which is most probable, we are still in a corrective IV wave, and currently, we are currently in B wave from this side. Given this, it is possible that B Wave has ended in the range of USD 1873, and the uptrend in C Wave...