Diagonal triangle? Of course traders could mistake it as a regular correction pattern; IT IS NOT a correction pattern, it’s a motive wave but NOT impulsive, when a wave is an impulse it’s a pick up line for a consistent trend and direction believed 75% but what and how should the data price be presented in the chart when the motive is 50% even 35% of course it...
Welcome to another trading week in the gold market. For this week I expect gold to trade lower and then really towards the end of the week. Reaching for the $2,066 figure and hopefully slightly higher. This is the first official Weekly projection post for the institute. Thank you for engaging with my content. Check description below for access to the...
, gold has increased by 5 in 6 moderate versions. The US Dollar Index has also decreased in 6 of the last 7 sessions. Chandler said he expects the dollar to continue its downward trend because he believes the interest rate adjustment is coming to an end. He believes that spot gold could rise to $2,050/ounce this week. If upcoming economic data continues to be...
OANDA:XAUUSD Opening bell 6pm NY time marks a new trading day for us in the Gold market. Yesterday we witnessed price being being delivered to the downside and forming an inside bar. Itching closer towards our weekly target for the "low of the week". For today's projection I expect price to trick sellers by running up into the outlined target adn then dumping...
Higher timeframe outlook for gold most likely scenario now is short period of back and forth, or a bit deeper pullback, in both cases followed by new bullish continuation. Look at LTF for further confirmation
✍️ NOVA hello everyone, Let's comment on gold price next week from 26/2 - 1/3/2024 🔥 World situation: The price of gold has once again started to rise this week and is expected to end the week positively. This increase in price is due to the decrease in US Treasury bond yields and the lack of significant news updates. Federal Reserve officials, including New...
Hello traders! ‼️ This is my perspective on GOLD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I expect bearish price action from here as price rejected from trendline + resistance zone. Like, comment and subscribe to be in touch with my content!
Here's a recap of our gold trades this week: We went against the crowd and bought gold when others were selling. The result? A fantastic +350 pips in profits from this analysis. And guess what? We're not done yet! We're still eyeing a long journey for gold, aiming for $2040. Keep an eye out for our upcoming analyses later this week. Stay tuned!
Here is my idea for the next best setup for buying gold. I will wait for my zone then open a trade for buy position. What do you think about this ?
Gold Price Analysis for the Week of 26/2 - 1/3/2024 • Gold price is expected to end the week positively due to decreasing US Treasury bond yields and lack of significant news. • The XAU/USD is currently trading at $2,038, showing a 0.70% increase. • Gold prices unexpectedly increased last week, breaking through the $2030 range and continuing to trade above...
📌By examining the trend in the four-hour time frame, gold is approaching the resistance of the ceiling of the descending channel in the range of 2047 dollars, and it seems that the price may decrease to the support of the floor of the descending channel in the range of 1973, provided that the resistance of 2047 is maintained. There are dollars. In another...
As you can see traders Gold has been in a bullish trend in the past weeks and months, you can see now that it has created a pattern that is called the ascending triangle which signals a Bullish market so now we have to wait for the price to break above the triangle zone then I can look for bullish trades.
My outlook for gold this week remains bullish. The robust response we witnessed from the daily demand zone two weeks ago has been a significant driver of the ongoing bullish momentum. I anticipate this trend to persist, and my strategy revolves around awaiting a minor retracement. I'm particularly eyeing a pullback towards the 6-hour demand zone, which emerged...
Now everything is Going well for Gold. No matter there is uncertainty or War or interest rate decisions, Gold is likely to touch higher targets. as I mentioned on my BTC analysis, Today's Core PCE can be the Final Fuel for market to start their final rally in 2023.
scenario 1 : If the price break the area 1 its great opportunity to take long position after retest the area 1 . scenario 2 : if the price fail to cross the area 1 up that mean we have great opportunity to short position up to area 1 Please follow me to get my analysis notifications Cheers🥂
We banked some pips on short today, but i see possible movement up to 2026 as first TP, next TP 2031. It must return to level 2021 to retest atleast one time and we ready to go up again..this is clear buy patern that works 90% , but TPs can by different
"If the level of 1039 is broken, we may see gold at the level of 2090."