After rejected by 2000 level, GOLD is making a M-pattern & has retraced pass 1800, a 0.854 Fib level. It has broken the diagonal Trendline @ 1833 (0.786 Fib level). It is very likely that GOLD will go down to retest 1760 pivot (100% retracement) where it has bottomed multiple times before. 1760 will also be a 0.786 retracement of the entire rally from 1677 Aug2021...
technical say now gold is in lowest low , going to start + trend , now you can pick buy with SL in yesterday low,pinbar low) dont close your buy sooner than red line ,fibo 61% near 1940 (it can go to 2000) good luck , use very low size (1000$ balance max 0.02 lot =20$) in my pervious analyse , many trader dont read my comment , inter buy suddenly , you must...
Things have taken a turn back to safe havens with heavy selling resuming into today’s European session. After a small push at a fightback, the floodgates reopened. Stock indices and Crypto markets have been the heaviest hit, with some coins dropping over 11% lower. Sellers haven’t overlooked Gold as sellers moved back into the yellow metal knocking back below...
When was the last time that you have been on a playground? Gold seems to have rediscovered its inner child and is making use of the slide in the form of our red arrow leading into the orange sandbox between $1707 and $1657. There, gold should finish wave iii in orange and jump up afterwards to start a countermovement in wave iv in orange. There is a chance,...
Gold intraday trading alerts 3 steps must fullfil before entry 1. 1st breakout done 2. Retracement done 3. 2nd breakout and see you at home📉 Trading alerts always available to give Good luck traders....
Title: Gold futures, H4 | Potential for further bullish continuation! Type: Bullish bounce Resistance : 1975.4 Pivot: 1952.8 Support : 1943.0 Preferred case: Prices are on bullish continuation. We see the potential for further bullish continuation from our Pivot at 1952.8 in line graphical overlap and 38.2% Fibonacci retracement towards our 1st resistance at...
Type: Bullish bounce Resistance : 1950.6 Pivot: 1921.5 Support : 1915.8 Preferred case: Prices are consolidating in a triangle pattern . We see the potential for further bullish continuation from our Pivot at 1921.5 in line graphical overlap and 61.8% Fibonacci retracement towards our 1st resistance at 1950.6 in line with 127.2% Fibonacci Projection . Our bullish...
Type: Bullish bounce Resistance : 1959.0 Pivot: 1921.0 Support : 1910.2 Preferred case: Prices have recently broken out of our descending trendline. We see the potential for further bullish continuation from our Pivot at 1921.0 in line graphical overlap and area of Fibonacci confluences towards our 1st resistance at 1959.0 in line with 61.8% Fibonacci Projection...
Title: Gold Futures (GC!), H1 Potential for Reversal! Type: Bullish reversal Resistance : 1965.9 Pivot: 1933.7 Support : 1921.3 Preferred case: Prices have consolidated in an inverse head and shoulders pattern. We see the potential for a bounce from our Pivot at 1933.7 which is the break of the inverse head and shoulders neckline towards our 1st resistance at...
Title: Gold Futures (GC!), H1 Potential for Dip! Type: Bearish reversal Resistance : 1933.7 Pivot: 1927 Support : 1895.2 Preferred case: Prices have recently broken out of our descending trendline. We see the potential for further bearish continuation from our Pivot at 1927 in line graphical overlap and area of Fibonacci confluences towards our 1st support at...
In Weekly time frame Gold reached the Supply but I hope soon Supply will Break and Create New High and Drop but We will use Confirmation in Low Time frame We will buy 1814
this is only for educational purpose only and our personal technical Analysis. you can wait for the buy on the given levels or short once the the channel broken.
FIRST BREAKOUT ON A WEEKLY CLOSING BASIS OF THE DOUBLE BOTTOM TRIGGER LEVEL @ 1'919 (WEEKLY CLOSING WAS 1966.60) PULLBACK ON RSI HOLD AND RECOVERED; currently above 50 @ 68.21 LAGGING LINE ABOVE FORMER HIGH = positive signal too On the downside the first support to look at is at 1'878 (TS) ahead of 1'848 (KS) and MBB @ 1'827 which is also the top of the...
Type : Bullish continuation Resistance : 1942.4 Pivot: 1890.8 Support : 1879.9 Preferred case: Prices are on bullish momentum and abiding to our ascending trendline support. We see the potential for a bounce from our Pivot at 1890.8 in line 100% Fibonacci retracement towards our 1st resistance at 1942.4 in line with 61.8% Fibonacci Retracement. Our bullish bias...
Type : Bearish reversal Resistance : 1963.4 Pivot: 1943.9 Support : 1912.2 Preferred case: Prices have consolidated in a parallel channel. We see the potential for a short pullback from our Pivot at 1943.9 in line with 78.6% Fibonacci extension towards our 1st support at 1912.2 in line with 61.8% Fibonacci Retracement. Our bearish bias is further supported RSI...
WEEKLY (W1) In a broading sideways price action (1677-1919) and under the influence of a DOUBLE BOTTOM IN PROGRESS ( see related ideas below) Currently above the clouds with a Lagging line above the clouds too ! Global weekly picture is positive, calling for a test of the former high @ 1'919 which should be seen as a KEY PIVOT LEVEL for the next...
COMEX:GC1! formed a triangle chart pattern on the monthly chart .If Gold confirms this continuation pattern by breaking and closing considerably above the triangle (Ideally above the 1880-1900 area ) ,then the price could skyrocket in the following months towards the 2500-2650 area . So far It looks like it's going to break above the triangle since everything...
Gold has been coveted by humans long before there were stocks, bonds, currencies, and other investable assets. The precious metal outdates the Bible’s old testament, with more than four hundred references to gold. Gold is a forever commodity as each ounce of the metal ever produced in the history of the world remains as part of the global stock. Around 197,576...