As We Talked in The Previous Analysis: The XAUUSD Reached a 0.6 Fibonacci Retracement Level. The Price Formed a Triple TOP Pattern. Currently, The Neckline is Broken. So, I Predict a Bearish Move📉 TARGET: 2006.600🎯
Daily/4h time frames analysis on Gold. Candlestick analysis, price action analysis. Bearish forecast explained. ❤️Please, support my work with like, thank you!❤️
GOLD broke and closed below the consolidation zone following the drop from the resistance. Price is moving down following the coiling up before the new expansion. We anticipate a trend continuation trade that could potentially retest the psychological level of 2000. ------------------- Share your opinion in the comments and support the idea with Like. Thanks...
Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GOLD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments....
🏃♂️Gold is moving in the 🔴 Resistance zone($2,035_$2,027) 🔴 and reacted well to the Resistance line . 💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks . 🔔I expect Gold to fall to at least the 🟢 Support zone($2,010_$2,002) 🟢 after the Uptrend line break. Gold Analyze ( XAUUSD ), 1-hour time frame ⏰. Do not forget to put Stop...
GOLD moved out of the descending channel, and it's approaching the 61.8% fibo level. The market made a double top with divergence. Price is overextended. We anticipate a bearish move from resistance and the fibo golden zone. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
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.
Hey Everyone, This is the 4H chart idea we share Sunday, which has played out perfectly. We started the week with our bullish targets hit with ema5 cross and lock above 2011 opening and confirming 2022 and 2033. - Both of these targets were hit!!! Ema5 failed to cross and lock above 2033 confirming the rejection now into 2022, as support. We will need to...
Gold has been trading within a Channel Down pattern since the December 28 2023 High. The price is at the moment around the 4H MA200 (orange trend-line) and close to completing a +2.84% rise, which is the usual Bullish Leg % within this pattern and currently falls just below the 2045 Resistance. The 4H RSI is already on the same Bearish Divergence that priced the...
Gold Prices continued their run higher on Thursday, buoyed up by a little slide in the United States Dollar and the usual range of broad geopolitical risks that have tended to support the market. With conflict ongoing in Ukraine and Gaza, the oldest haven asset looks underpinned, even as the investment world comes to terms with the likelihood that borrowing costs...
Hey Everyone, Our 1H chart idea is truly respecting our levels alongside our updates throughout the week. After hitting 2021 and 2026 yesterday, we advised of the lock above 2026 leaving 2031 open with potentially 2037. - 2031 was hit perfectly!!! We also advised that we had 2026 and 2021, as correctional retracement support zones for a retest. - Both of...
As outlined in yesterday's analysis, as long as the 2015 zone remains intact, the bullish outlook prevails in OANDA:XAUUSD , and we can anticipate a rise above Friday's high. Indeed, this scenario unfolded, and the price managed to climb to the 2030 zone. However, following an initial correction during yesterday's trading session, Gold failed to surpass 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.
I bring good analysis to my followers every day, and I accurately judge the trend almost every day. Gold broke through 2022 today, rose to near 2030, and then fell to near 2024. Once gold falls back to the 2019-2022 area tomorrow, it is recommended to continue buying, because the current lows of gold have been increasing. So we can still wait for gold to break...
Good evening gold gang and i hope you are well! A great day on the charts today catching lovely sells after a strong push up to the sell zone algo in asian and london. Reason for not taking buys .. no opportunity to get in .. you can only get in at the optimal zones .. not while price is pushing. Tomorrow id like to take buys, but i need price to come down to...
Hey Everyone, Another great day on the chart today smashing our targets one after another. Yesterday we advised of the ema5 cross and lock above 2016 opening 2021 and 2026. We got the 2021 HIT yesterday and 2026 was left open. - 2026 was hit today completing this range Boooom!!!! We now have a lock above 2026 leaving 2031 open with potentially 2037. 2026 and...
GOLD bounced off the support level, with the lower border of the channel going up. The market created a kill zone: a bearish harmonic pattern at resistance, dynamic resistance, and fibo cluster. We expect a bearish move from the level where price dopped. ------------------- Share your opinion in the comments, and support the idea with a like. Thanks for your support!
Good evening gold gang hope you are well ... price was super slow today with USA bank holiday .. but we managed the sells that ran for near 100 pips in the end .. just shows the power of the algo levels We need price to start moving again to gain our weekly bias. Its looking bullish so far, but ill need to see breaks above the 2031 to confirm it for me bounce...