#XAUUSD According to the analysis we gave to XAUUSS earlier, GOLD went UP very fast in the previous weeks, BREAKING the TREND LINE. Due to this US10Y went down. The main reasons for that were the REPUBLICANS winning, and US CPI DATA being NEGATIVE. But since RETAIL SALES was POSITIVE the other day, GOLD was slightly SELL yesterday. It is definitely a very...
🤑TOP DOWN ANALYSIS OVERVIEW🤑 biggest time frame yearly base on yearly gold is in a bull trend but current in a corrective phase 🧐Eagle eye: bull Monthly: higher low /lower low formatted bear trend current candle is a retracement candle and also filled out discounted area of monthly time frame weekly: extremely bearish in weekly now in a corrective phase and also...
Gold has been pulling back since the Nov. 16 top, which was made below the 1D MA200 (red line) as well as the 0.382 Fibonacci level of the March High. The price is now below the 4H MA50 (blue line), which was supporting since Nov. 04. Having a Support at 1615 and a Higher Highs Resistance with teo tops, it looks as if the long term trading pattern is an Ascending...
my sell still open from high ,,, if you dont have sell,you can put sell stop in low if gold go up on news near fibo 61 after pinbar come on higher time pick sell let look gold futures daily candels and AC indicator and big banks net order on gold futures COT data good luck see you in 1730 if you are in mobile always use google chrome / desktop...
Are we repeating history and reliving the Roaring Twenties or should we call it the Golden Twenties? Gold is currently channeling all its power and following an upwards slope. Pushing up north, we're expecting the trend to stay strong to work its way above the resistance at $1824. Primarily, Gold should continue to move north as long as it remains above the $1739-mark.
as predict yesterday gold touch support and fibo61 then pullback now i am waiting for break trendline for pick buy and hold it 3-4 day put buystop sellstop in 3 angel possible but very very low size and with SL note :1639 is golden place for pick buy and hold 3-4 day to new high like near 1700 note: break red trend line is very important ean big +up trend...
Elliot wave projection of GOLD futures, indicates that ongoing wave (c3) may test $1440. Consider not buying gold in physical, and shorting in futures adviced
My answer is definitely a Yes! But why many say no. It is because they are looking at Gold from a very microscopic view; into its day-to-day to week-to-week movement. But if we analyse Gold from a macro perspective, we will able to appreciate Gold better, that it is still an inflationary hedge asset. And from today’s case study, we will also learn why it is time...
Gold has been on a downfall since it broke the 2018 uptrendline last June 2022. It attempted to rally but was rejected 2x at 1815 & then 1730, both along the black downtrendline from 1078 April 2022 top. For last 5 weeks, it has been chopping around 1678, the neckline of a big M-pattern started from the July 2018 low of 1169 up to the ATH...
Still looking bearish, rejection from VAL level, The target should be nPOC/Double Top Pattern Target. This won't come today or tomorrow, it will take months until it gets there.
To our surprise, gold has been holding up very well after the last FED decision, which we thought would weigh on the gold market and potentially drag it toward 1600 USD. In our previous ideas, we said that we were growing increasingly anxious about gold's performance in the short-term while staying bullish in the long-term. Additionally, we stated that the current...
US FED rate hike has hampered the status of Gold as a safe heaven for investors to fight against inflation. Major support for Gold is at 48963. Below 48963 Gold can loose it's glitter and un-shine to the levels of 47285 or even 45563. On the way up Gold will have to face resistance at 50175, 50301, 50572 and finally 51761.
“Ghostbusters!” Just like the famous team consisting of parapsychologists Dr. Peter Venkman, Dr. Raymond ”Ray“ Stantz, Dr. Egon Spengler and Winston Zeddemore, gold is quite interested in the lurid green lump of slime between $1661 and $1585. For more research and to finish wave (4) in yellow, gold should now expand deeper into this area. Then, after all assays...
We have been growing increasingly anxious about gold for the past several months. Indeed, we repeatedly reiterated our worries about the prospect of people selling their gold to cover losses elsewhere (especially in the case of the selloff in the stock market). Currently, as the odds of this action continue to increase, we also continue to maintain a bearish...
Gold showed a massive sell-off yesterday and hits the lowest level since Apr 2020.US dollar is staying in a range bound after mixed US retail sales. Markets eye US UoM consumer sentiment for further direction.
In our last idea, we outlaid how we grew increasingly bearish on gold in the short term while maintaining a bullish stance in the long term. We stated that our short-term view was influenced mainly by fundamental factors, which will continue to weigh on the global economy and lead to further weakness in the stock market. Furthermore, we also said that gold would...
gold break low and trendline and force me close all my buys .... now it has sell signal can go to fibo 161% 1600 area under red arrow we must pick sell after pinbar comes on 1hour or 4hour or daily chart then near 1604 after buy pinbar comes we must pick buy and hold it 20-25 day to new high AC indicator daily is red mean downtrend can start if you...