Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Gold (XAU/USD) gathered bullish momentum and reached a new record high above $2,180 this week, boosted by falling US Treasury bond yields and the broad-based selling pressure surrounding the US Dollar (USD). The pair stays technically overbought ahead of next week’s key inflation data from the US.
Gold broke its down trend at 1680 and It was a great opportunity for longing and now we heading to 1815
XAU continues to push higher and trades above $1,770 for the first time in nearly three months on Friday. The US Dollar stays under heavy bearish pressure as investors cheer the soft US inflation report and heightened optimism about Chine easing coronavirus...
That being said, the dovish commentary from central bank policymakers creates a tailwind for the yellow metal. The Fed Chair Jerome Powell said the US central bank is "not far" from gaining enough confidence that inflation will reach its 2% target to begin lowering interest rates. Investors will take more cues from the US Nonfarm Payrolls (NFP) data on Friday for...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello Traders!
This is my idea related to GOLD H1. I see that we are in a bearish channel and at the moment, I would like to see a retracement from the resistance level. I will look for a short entry if I will see a confirmation of a bearish market structure. I expect that we will reach the PWL and my target is 1975.
Traders, if my proposal resonates with you...
Daily/4h time frames analysis on Gold.
Candlestick analysis,
price action analysis.
Bearish forecast explained.
❤️Please, support my work with like, thank you!❤️
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello Traders!
This is my idea related to Gold. My previous forecast hit the target of 5R, now I expect a retracement, to the FVG and I will look for a confirmation in the supply area. The structure is still bearish, and my bias is for short entries.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I...
To follow our primary scenario, Gold must not slacken on its way further up the chart! We still expect the turquoise wave B to reach a new all-time high, which requires more (corrective) rises. However, our alternative scenario could still prevail with a probability of 40%. In this case, the turquoise wave alt.B would have already been finished with the last...
Hello Traders!
This is my idea related to Gold M30. I expect a bullish move to close the FVG. The bearish sentiment on the market is still bearish, and I consider this indicator a good chance to look for long entries.
My target is under the OB level.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I...
Gold is recovering after a strong bearish movement.
The price is currently testing an expanding supply area.
I believe that we will see a bearish movement soon.
The first goal for the sellers will be a retest of a local low 1992.
The second target will be 1980 major support.
❤️Please, support my work with like, thank you!❤️
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
HELLO TRADERS !!
As I can see Gold is rejecting from a 2040 level and creating a lower low and now it can drop to test a strong support zone as we can see Dollar recovering and ahead US Inflation Data which can make $ Stronger so we are expecting these incoming moves on Gold Friends its just and trade idea share your thoughts with on Gold Trading WE apricate Ur...
Here is my latest structure analysis for Gold for next week.
Vertical Structures
Vertical Support 1: Rising trend line
Horizontal Structures
Horizontal Support 1: 2009 - 2014 area
Horizontal Support 2: 2001 - 2006 area
Horizontal Support 3: 1965 - 1977 area
Horizontal Resistance 1: 2055 - 2065 area
Horizontal Resistance 2: 2077 - 2088 area
Consider these...
Hello Traders!
This is my forecast on Gold H4. I expect a reaction from the resistance level, and if confirmed, I will have only a long bias. I will look for long entries after the retracement from the resistance.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your...
