Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GOLD created a double top at the resistance level after a bullish move.
Price could not make a new high.
On a bigger timeframe, the market is forming an expanding triangle.
We expect the major support levels to be tested.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
Hey Everyone,
We had a fantastic start to the week with our 1H chart analysis playing out, as projected.
We saw price retrace to the retracement zone identified followed with a lovely push up. We took the buy from the re-test with a perfect TP exit at 1680. BOOOM!!!
EMA5 is struggling to break 1678 Goldturn with a fresh Goldturn formed just under the 1678 level...
Gold (XAUUSD) closed on Friday above the 1D MA50 (blue trend-line) for the first time since August 12 that was practically the time that the stock market made its previous High. At the same time, Gold broke and closed above both the former Channel Down and Triangle patterns that we discussed where bullish break-out signals on our past analyses.
Despite the...
GOLD pulled back to the resistance level after a bullish move.
The market is forming an expanding triangle.
If price action makes a false break at the resistance zone, then it is likely to test the recent support level.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
Gold surged declined sharply after US NFP. The US economy added 261000 jobs in Oct, above the estimate of 197K. But the jump in the unemployment rate has dragged the US dollar index down.
Technical:
The near–term support is around $1660,Resistance around $1685,
GOLD, trade Looking For Reversal once market Swept sell Liquidity on the lower TF M15 OR M30, Waiting For Confirmation.
Last week we hit a weekly low on gold and we can see our support area has been respected with a daily bullish engulf candle close on Friday, we may potentially see price retrace on the lower time-frames
before we continue long on GOLD
pay...
Hey Everyone,
The 4H chart is looking very much Bullish with the with price breaking out of a resistance structure with an immediate gap target open to 1685. We can also see MEA5 has crossed all MAs for a Bullish continuation with the last MA, MA200 being crossed on market close and potentially lock on Market open.
Our plans are to trade this with taking buys...
Hey Everyone,
This is our DAILY chart setup we have been tracking.
As we stated last week price has been respecting this channel for a while, and now we are seeing price test a strong level of support. 1641 and now 1739 Goldturns are both within the support structure.
We stated that Daily chart EMA5 cross and lock below this level will open the 1602 AXIS and...
Hey Everyone,
Please see updates on our weekly chart mid to long term plans.
LAST WEEKS ANALYSIS AND UPDATES ON OUR WEEKLY CHART SETUP:
3/10/22
Weekly chart is also testing a strong level of support. Price has tested 1622 level twice but failed to close below this level. This may provide the rejection needed for a resistance challenge to 1710 our mid-term...
Hey traders,
Gold suddenly bounced on Friday.
Based on a current situation, I see 2 potential scenarios:
The market is still trading within the boundaries of a falling parallel channel on a weekly.
If the price breaks and closes above that, then a bullish continuation will be expected at least to 1723 level.
The market may also respect the resistance of the...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
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...
Buy up gold for about 80-90pips and the close buy position. Once price reaches the neckline you would open a sell position to cash out around 250-300pips from sell setup on head and shoulder pattern.
Hey Everyone,
We had a fantastic finish to the week once again. Please see our 4H chart and summary below, which is now fully complete with all targets HIT.
BULLISH TARGETS
1651 DONE
1664 DONE
1672 DONE
EMA5 CROSS AND LOCK ABOVE 1672 WILL OPEN 1691, 1699 AND 1718 - WE WILL LOOK OUT FOR THIS NEXT WEEK
BEARISH TARGETS
1641 - DONE
1632 - DONE
1625 - DONE
EMA5...
