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.
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Bearish Channel as an Corrective Pattern in Short Time Frame Completed " 12345 " Impulsive Wave Divergence Break of Structure Impulse Corrective SMC - CHoCH S / R Level
Splish splash, I was taking a bath, Long about a Saturday night, yeah. A rub dub, just relaxing in the tub, Thinking everything was alright. Like Bobby Darlin in his song, gold should also take a refreshing bath in the turquoise zone between $1840 and $1713 soon. Therefore, it must drop below the support at $1936 to gain further downwards momentum. Thus...
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.
Yesterday, Gold has traded in a tight range between 1940 and 1950 (ingore the spike from the chart, it wasn't real, at least at the brokers with which I trade) and at the time I'm writing the short term 1940 is broken. As explain yesterday, we are in a very important support zone, and in a case of a genuine break, Gold could drop pretty hard. Considering price...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Rising Wedge as an Correction in Long Time Frame Impulse Correction Break of Structure Completed " ABC " Corrective Wave Exp FIAT in Short Time Frame Triple Top Resistance Level
The positive progress made by the US public debt ceiling before its due date on June 1 has caused a rapid decline in the value of gold. The precious metals market is currently waiting for the US Federal Reserve to adjust its interest rates. Recent macroeconomic data from the US shows an unexpected increase in inflation, which has led to speculation about whether...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Consolidation Phase Impulse Correction Bullish Channel in Short Time Frame as an Correction Break of Structure RSI - Divergence Completed " ABC " Corrective Waves
Hello traders! ‼️ This is my perspective on XAUUSD. Technical analysis: Here we are in a bullish market structure from daily perspective, so I am looking for longs from discount zone. I expect price to continue the retracement to fill the imbalances lower and then to reject from bullish order block. Fundamental analysis: Next week on Friday we have news on...
XAUUSD remains vulnerable around intraday low of near $1960 as it drops for the second consecutive day while reversing Friday’s corrective bounce to $1980. The immediate resistance near $1965 suggests further downside of the gold price. A strong break below $1950 major support opens a path to March swing low of $1935. The resistance close to $1977 can challenge...
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.
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Bullish Channel as an Corrective Pattern in Short Time Frame Symmetrical Consolidation Break of Structure Impulse Correction RSI - Divergence
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.
Investors are showing optimism in the medium to long term as gold prices make a rebound. This is due to the anticipation that the US Federal Reserve will ease its monetary policy after 10 consecutive interest rate hikes over the past 14 months, leading to a potential depreciation of the dollar. Despite concerns over inflation, positive data on the real estate...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves and " ABC " Corrective Wave RSI - Divergence Break of Structure Impulse Correction Rising Wedge as an Correction in LTF Exp FIAT as an Correction in LTF
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Bearish Channel as an Correction in Long Time Frame and Short Time Frame SMC - CHOCH Divergence - RSI Completed " 12345 " Impulsive Waves Double Bottom S / R Level
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.
from the waveforms that occur in GOLD we can conclude that there is a complex correction here. with the help of the trendline, if there is a breakout at the red trendline, there is a high probability for gold to rise to the blue trendline.