Gold has completed its wave 5, which seems to be a truncated wave. A truncated wave generally means that the asset is bearish, when wave 5 cannot break above the end of wave 3.
The reversal would come with strong downward momentum
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
If you like this idea, do not forget to...
Hello traders, GOLD is setting up for a short term downside move watch GOLD with your own according strategy and look for a short position opportunity for a short term trade setup.
GOOD LUCK & GOOD TRADING
Entry: $1835-$1840
Take Profit 1: $1810
Take Profit 2: $1800
Stop Loss: $1850
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On March 8, gold's short orders near 1823 successively took...
Hi everyone! Despite continuous growth of gold, I continue to repeat that growth will begin only after falling. Now the price of 1932 is the level of resistance on the week chart where the concentrated large amounts. If gold manages to be fixed above this level, then it will be possible to expect the price about 2010, but further the price all the same will return...
Message surface:
Federal Reserve Chairman Powell was unexpectedly very hawkish when he testified on the semi-annual monetary policy report on Tuesday. He said that after raising interest rates at a faster pace, future interest rate expectations may be higher.This caused the market's expectations of the Federal Reserve raising interest rates by 50 basis points in...
Analysis xauusd:
Due to the failure of the downtrend and the strength of the sellers, I expect another downward movement and reaching the set targets.
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price: 1814.60
sl: 1825.00
tp: 1804.00
tp2:1790.00
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👤 Alireza hajighasem : @alirezahajighasem
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📅 3/8/2023
Looking at XAUUSD, we can see price bounced off 61.8% fib and is set to fall
Traders, we should also acknowledge its correlation with SILVER or XAGUSD which is already falling like a hot meteorite
Price is stuck in Range I'll be Willing to sell it now at the given 4H supply Zone towards below 1800 till 1795 , stop loss is above 1875 , I'll update when i take the trade
Welcome . gold market . In very positive condition. With a very strong model. Head and shoulders. And break it with a very positive green candle. There is a lot of pressure from buyers to lift the market. To 1860 levels in the first stage. And the second stage 1870 Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to...
