A clear BOS happened in GOLD. So here is my Trade setup. KEEP IT SUPER SIMPLE Manage your trades accordingly DYOR
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Bearish Channel as an Corrective Pattern in Short Time Frame with the Breakout of the Upper Trend Line. Completed " 12345 " Impulsive Waves and " AB " Corrective Waves. Rejecting from the Demand Zone and Fibonacci Level - 61.80%
Welcome to a new promising and productive trading week! Looking back at last weekend, gold proved its strength with a spectacular Breakout, completely escaping the sideway trend and ending the downward trend. It was an impressive move from the bulls, as they not only successfully defended the key defensive zone at 2015 USD but also pushed gold prices up sharply...
Hi everybody! It's great to start the new week with this conversation with you all! Let's look back a bit at gold last week, it really impressed me. Gold glided sideways near 2030 USD and then suddenly "danced" to 2061 USD on Friday, before turning around to correct. Now, what makes me excited is the fact that gold is currently at 2050 - 2051 USD entering the new...
Today, we will pay attention to the annual and monthly rates of US PPI in December announced in the US market. At present, gold has failed to break through 2042 after many attempts, but it was supported twice in 2013-2015. Now you can see that the fluctuation range is 2013-2042 I think the possibility of gold breaking through 2042 is relatively high, and it...
Hello everyone! Let's chat about gold, shall we? What do you think will happen to gold in the near future? Looking at the charts from last week, gold took a slight dip, but the long-term outlook remains quite positive. It bounced back beautifully from the trendline, like an athlete clearing a high jump with ease. As long as that trendline holds strong, I believe...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Bearish Channel as an Corrective Pattern in Short Time Frame. It has completed " 12345 " Impulsive Waves and Making its " A " Corrective Wave. We have Break of Structure and Completed the Retracement and we have Strong Divergence.
Hello dear friends ! Yesterday as we expected, gold fluctuated and fell sharply until 2013 USD and completed the selling target as mentioned before. However, the price quickly returned to 2033 USD like the previous days and continued to stabilize around this area. The yellow metal's upside could be limited by the possibility that the Fed may not start cutting...
Hello everyone, what do you think about the price of gold? Today gold does not have too many fluctuations, mainly around 2030 USD and the trend is still stuck in a downward trend! About gold trading strategy: -On the analysis chart, gold is limited below the resistance level of 2036 USD and confluences with the two EMA lines, so the downtrend is even more...
The price is trading within the descending channel. I expect gold may test the resistance, liquidity is in the area 2040-2050. and rollback and go down to retest the support level. MY goal is the support level at 2020-2015
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed " ABC " Corrective Waves and " 12 " and making " 3rd " Impulsive Waves. Bullish Channel as an Corrective Pattern in Long Time Frame with the Breakout of Lower Trend Line and Bearish Channel in Short Time Frame and Rejection from the Upper Trend Line.
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.
World gold prices were relatively stable with spot gold down 5.3 USD to 2,023.5 USD/ounce. Gold futures last traded at 2,029.3 USD/ounce, down 3.7 USD compared to yesterday morning. World gold decreased slightly in the mid-week trading session as investors were waiting for US inflation data to gain more clarity on the US Federal Reserve's (Fed) interest rate...
Hello, my beloved friends! 💖✨ Today's meetup is as dazzling as a glint of gold! Gold today is doing what it does best: keeping our eyes glued to its every move! Trading around 2028 USD, it took a leap just as we anticipated yesterday, after a thrilling retest party at the Breakout area and the EMA ribbon. 👀📉 Let's chat prospects: On the 4-hour chart, gold is...
Hello dear friends, it's great to meet you again for a discussion on gold today. Currently, gold is trading around the level of $2032 in the early trading session and showing a slight recovery after a price correction following a drop to $2017 at the end of yesterday. The precious metal has successfully broken out of the support level at $2033, and on the chart,...
World gold prices stabilized with spot gold increasing 1.3 USD to 2,028.8 USD/ounce. Gold futures last traded at 2,036 USD/ounce, up 2.5 USD compared to yesterday morning. The world gold market stabilized as investors remained cautious ahead of US inflation data to be released later this week. The data is expected to provide more detailed information about the...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Bearish Channel as an Corrective Pattern in Short Time Frame and Rejection from Lower Trend Line and Daily Demand Zone. Completed " 12345 " Impulsive Waves and making its " A " Corrective Wave in a Corrective Pattern " Rising Wedge " in Short Time Frame