Im shorting Gold because its a daily down trend, taking out lows on a daily time frame and making lower highs , i think its a sellers market i would only consider taking longs once a daily time frame high has been violated.
Waiting for a retest of 1932.227 to short XAUUSD back to 4H swing lows at 1896.263 If you agree drop a like and if you have any questions leave a comment :)
Gold is still very bearish. After a pullback, the price formed a double top pattern on 1H time frame. The neckline of the pattern is broken. I expect a bearish movement to 1900 / 1895 levels. ❤️Please, support my work with like, thank you!❤️
Gold had broke its Support level on 1912-1910 level and is now the restest of that level is also completed it will also retest its short term resistance or consolidation level on M15 time frame the confluance on selling the resistance on 200EMA and Bearish candels also a evening start before Bearish momentum candles now it will move downwards 👇 with 1:1.5 R:R
Daily/4h/1h time frames analysis on Gold. Price action & key levels. Potential scenarios. Detailed trading plan. ❤️Please, support my work with like, thank you!❤️
The US dollar rose on Wednesday after the gathering of central bank leaders worldwide, which included Federal Reserve Chair Jerome Powell. During the meeting, Powell left open the possibility of the Federal Reserve implementing two more rate hikes this year. Furthermore, Powell stated that he does not anticipate inflation reaching the Federal Reserve's target of...
Hi I hope you have made money from the previous analysis. Gold is in a very good position to enter. As you can see, gold has formed a downward trend line above the price in the 1H period. And several times the rejection from this area shows the validity of this trendline. In case of rejection again, we can expect gold to move towards lower supports. tp1:...
Hi I hope you have made money from the previous analysis. Gold is in a very good position to enter. As you can see, gold has formed a downward trend line above the price in the 1H period. And several times the rejection from this area shows the validity of this trendline. In case of rejection again, we can expect gold to move towards lower supports. tp1:...
Broke out of support area and trendline and looking to dip further.
gold forms a flag pattern, the biggest possibility is bearish
Gold overall rejecting all fundamentals but near to trendline resistance at higher timeframe. Try to Enter in the zone mentioned. Break of structure and break out of trend and breakout of resistance on small timeframes.
If you haven't followed my analyses for the last 15 years. You'll know, I am a BIG gold bull. Yes I know gold hasn't performed as well as it did in the 50s, 60s, 90s etc... But it's the tortoise of commodities with the algorithms, the exposure in longs and shorts and with the greater variety of safe-havens. But Gold will eventually head up to $100,000...
Hi, according to my analysis of the gold market. There is a high probability of an upward trend as the price exits. from a down channel. And breaking the strong resistance at the level of 1928. Good luck to all
As I predicted, Gold dropped this week. The price successfully violated 1924 - 1940 horizontal demand cluster. The broken structure turned into a supply area from where we saw a strong rejection of Friday. I do believe that the market will keep falling next week. Next support - 1900. If the price goes higher, watch a falling trend line. That will be the next...
Bearish trend will continue on Gold. The price set a new lower low violating the previous one. Technical indicators are also bearish. Goal for sellers now - 1903 Please, like my post!
The Gold price is getting a boost from economic troubles and a weaker US Dollar. Concerns about a global economic downturn are affecting investor sentiment and causing the equity markets to be generally weaker. Additionally, there is less demand for the US Dollar, which is helping support the safe-haven Gold price. The USD Index is currently near its monthly low...
Hello traders here is an overview of gold analysis I did weeks back and now its pushing down you can still enter short trades at this stage because it seems like the price will be going bullish for the whole week.
Gold has been trading within the range of 40$ for more than 1 30 days. It was expected that FOMC will decide the way of market but the officials made it again suspensive because There was no change in Interest rates but they gave clues that they will lift it more. This hawkish statement made investors to stay back and wait for clear decision. Fundamentals are...