phenomenal volume in ATH ( march 24 2022 ) confirms a historical crash in few months ! gold price now 1717 $ help by boosting the post ♥
Gold has an unusual rose due to market panic from responding of China to the US house speaker's visiting Taiwan last week. However, the US dollar has bounced back, and gold had a minor correction last Friday. Gold is sideways in the upper zone of a downtrend (just above and very close to the upper grey solid line). The market is expected to maintain fluctuations...
Gold confirms rebound since maintaining above 1737. Tomorrow it can rise to 1786, which could be a solid resistance to this rebounding. Hence, it may perform corrections to 1758 -1747. The critical point is 1786. Gold can choose its direction at this key level in following cases; 1. If gold can break and surpass 1786 for 1-2 hours, it might surge to 1881 (wave 3)...
Hy dear Members. Hope you all are enjoying our ideas and analysis. Now we are here to discuss about AUDCAD. AUDCAD is going to break Main Rising Wedge Pattern. If it breaks this fully we can see a good downtrend to price level 0.88 Keep in touch we will update further soon
There is a bear flag in 4 hr time frame if old support breaks which i mentioned in the charts then price can go and tag the flagpole target. this is not a financial advice please do your own research before investing.
Hello friends, today you can review the technical analysis idea on a 1M linear scale chart for the Gold price. Gold had a local double top formation and it seems that on a macro level it formed a double top as well. Looking at the overall economy, Gold has a strong possibility of heading down. The Fibonacci Retracement shows price coming down to the 0.236 level...
xauusd i think we should wait till 1850 and see reaction to uptrend line but y think it can go from 1850 to 1913 then ready to fall but please attention to the war news and covid news
Hi guys! 👋🏻 🔔 Gold has retested the dynamic support of August 21 (dashed line) and is now forming a wedge pattern. 🔔 There are multiple strong resistances which obstacle XAUUSD from going higher, such are 1942 and 1960. 🔔 But as it seem from the current setup, if #Gold remains above this support, it will most likely break those resistances and climb back to...
Hello friends, today you can review the technical analysis idea on a 1W linear scale chart for the Gold price. Gold price is headed down but there are two support lines to keep an eye on. A Fibonacci Retracement is also showing the first support trend line is at the 0.236 level. Keep a close eye on that price if Gold price keeps falling. Gold has been in a...
KOG Report: In last weeks KOG Report we suggested we wanted to see the price test the lower support region to give us a good entry for the long, which we got. What we didn’t get though was that aggressive push to the upside, instead FOMC moved the price towards the 1950 level giving traders over 300pips on the move. We managed to trade the longs and the shorts...
Hello everyone! Gold has formed a Cup and Handle pattern on a Monthly chart, if once again breaks above 1985, and closes above 2000, then $2500 will be the next target.
xauusd if chart can break uptrend it will go down near 1780 then 60 but as long as it remains above that buyer takes control of it
If you take a step back and look at gold, you can see a nice cup and handle formation on the weekly/monthly chart. Could we be setting up for a $GLD $GOLD rush? While I have gold in my portfolio, I am no longer a gold bug. After studying it enough, call it God's money or what, I look at trends to see how the underlying pattern evolves. What do you think? Could...
Fundamental View: Last week, the US job market printed a super positive report compared to its forecast. but the gold's drop was short-lived because of some political factors. Specially Russian-Ukraine issues are inflaming the gold and other commodities prices. But can gold ignore the supper positive NFP report? Yes, it is damn possible. Political crisis...
Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for the Gold price per ounce (GOLD). The chart is self-explanatory. Keep a close eye on the RSI as a possible re-test of the Support and Resistance Line is coming soon. Included in the chart: Trend line, Support and Resistance Line, RSI, Support Zone, Descending Parallel...
Hi guys! 👋🏻 🔔 Daily XAUUSD chart projects a triangle pattern, and signals the retest of the lower edge of the triangle, based on the pattern’s rule. 🔔 Moving averages on a daily XAUUSD chart also do not favor the Gold bulls. MA200 and MA50 both are above the closing price of XAUUSD. Remarkably, the 200-day moving average is above the 50-day MA. This formation in...