GOLD is moving in an ascending channel, above the trend line. The price broke through the resistance level, which coincides with the 50% retracement level. The chart has broken the descending structure. We expect growth after consolidation above the current level. ------------------- Share your opinion in the comments and support the idea with like. Thanks...
Gold is moving in a Descending channel near the Resistance zone($2,337-$2,318) . In terms of Classical Technical Analysis , Gold has managed to form a Symmetrical Triangle Pattern , which indicates the continuation of the Downward Trend . I expect Gold to continue falling(Probably with two scenarios) after breaking the lower line of the Symmetrical...
I missed my Gold entry while creating Nasdaq video, however, there will be opportunities later, so we wait and watch to see what the market will do...
GOLD is moving in a descending channel between the trend lines. The chart reached the level, broke through it and now it is under resistance. The price will continue to decline. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
The lower-than-expected retail sales data in May in the United States had a short-term impact on the market, but the long-term economic outlook still needs to focus on the Fed's policy trends and changes in economic fundamentals. Investors should remain cautious and pay attention to the global economic situation and geopolitical risks to make reasonable...
Gold broke its down trend at 1680 and It was a great opportunity for longing and now we heading to 1815 XAU continues to push higher and trades above $1,770 for the first time in nearly three months on Friday. The US Dollar stays under heavy bearish pressure as investors cheer the soft US inflation report and heightened optimism about Chine easing coronavirus...
GOLD is moving in a descending channel between the trend lines. The price reached the upper boundary of the channel and reacted instantly to reaching the 50% retracement level of the last bearish impulse. We expect a pullback after a retest of the dynamic resistance. ------------------- Share your opinion in the comments and support the idea with like. Thanks...
GOLD is back in the channel again. After a decrease in volatility, the chart formed a long green candle, which immediately brought the price back to the channel boundaries. Now XAUUSD is trying to consolidate above the lower boundary. We expect a rebound in case of consolidation above the channel boundary. ------------------- Share your opinion in the...
I am sorry The previous transaction was stopped Gold time frame is 5 minutes, I hope it will be compensated
gold 1 hour time frame With capital management, we can enter a long position
I spotted a strong bearish pattern on Gold on an hourly time frame. After a strong bearish rally that initiated on Friday last week, the market started a correctional movement within a rising channel - a bearish flag pattern. A breakout of the support of the flag is a reliable bearish signal. Probabilities are high that Gold will drop at least to 2295 ...
GOLD has broken down the ascending channel. The chart broke down the dynamic support, which now acts as resistance. XAUUSD is trading between the trend lines. We expect the decline to continue after the dynamic resistance is retested. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
weekly & daily trend reversing bearish side. supply zone for short 2335, stop loss: 2344, target: 2285
The employment and economic data released by the US last week showed both positive and negative trends. However, the fairly positive job market has caused the market to predict that the US Federal Reserve (Fed) will not cut interest rates before November this year, instead of September as previously forecast. Experts say that world gold prices in the next few...
World gold prices tend to recover with spot gold increasing by 2.3 USD compared to last week's closing level to 2,294.9 USD/ounce. The gold market this week is forecast to have many fluctuations and the direction of this precious metal depends heavily on the consumer price index (CPI) report and the interest rate decision of the US Federal Reserve (Fed). ) and a...
1-hour and 4-hour time frame gold analysis Gold has declined in the 1-hour and 4-hour time frames, and short positions have a higher winning percentage until we reach the 2200 range.
Gold has managed to break the Support zone($2,337-$2,318) and 50_SMA(Daily) . According to Elliott's wave theory , Gold is completing its next 5 downtrend waves . It is possible to form a Descending Channel , Gold can react to the lower line of the descending channel. I expect Gold to continue falling to the next Support zone($2,272-$2,248) . Gold...
Gold seems to have succeeded in breaking the Resistance zone($2,373-$2,353) . According to the Elliott wave theory , Gold still needs to increase to complete its 5-wave uptrend. I expect Gold to start rising again after the pullback to the resistance zone and go up to Potential Reversal Zone(PRZ) . Gold Analyze ( XAUUSD ), 15-minute time frame ⏰. Do not...