Hey Everyone, Today we saw 2051 cross and lock below opening the retracement range, which was HIT. The retracement range then gave the 30 to 40 pip bounce, as part of our plans to buy dips from weighted levels. Ema5 has now also crossed and locked below 2036 retracement range opening the swing range levels 2020 and 2005. A cross and lock below each level will...
Hello Traders! In the previous analysis, I expected a retracement from the resistance level and I was looking for a short-trade from the OB. Now we can see a very clear retracement. A good opportunity to execute short trades for scalpers or on small time frames. Congrats to those who executed the trade. Traders, if you liked my idea or if you have a...
GOLD rejected the resistance and pulled back from it. The market is testing the consolidation zone. The consolidation zone often acts as a support and resistance level. Most likely, the market will bounce off, go up from support, and 50% fibo retracement level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for...
Friday proved to be a positive day for OANDA:XAUUSD bulls, as the price successfully surpassed the significant 2040 resistance level. This level was distinguished by the descending trend line originating from the year's beginning, the horizontal resistance, and the neckline of the recently formed double bottom pattern. Following the breakthrough, the price...
Hey Everyone, Great start to the week with our first bullish target hit on market open at 2051. We were able to take 30 pips from the retest for a easy catch. Ema5 has now also crossed and locked above 2051 leaving a gap open to 2063. We will need to see price and ema5 maintain position above 2051 for this continuation into 2061. However, if we see a retest at...
Gold (XAUUSD) followed our January 08 buy signal (see chart below) and rebounded on the 1D MA50, easily hitting the 2040 Target: This time we have a distinct technical formation arising as the pair is forming the first 4H Death Cross since September 28 2023. In fact, the price action is very similar to the Death Cross that was formed a few days prior that...
GOLD moved above the descending channel; it broke and closed above it. The market created a buy opportunity at the support level. Perhaps the market is creating the AB=CD pattern. Price made the first extension, then paused. We expect a completion of the AB=CD and a bullish move to retest the resistance. ------------------- Share your opinion in the...
Gold is bearish movement Gold fall will donefrom my point view Gold can fall Use Gold Buy from 2048 frist Target 2070 theen Use Gold Sell From 2070 Second Target 2035 Wish you best Always follow my trends
Good eveninig gold gang! its the time again .. time to attack the gold charts and steal those pips. Im expecting the major algo 2069 to hit this week. We are very close and with tensions rising AGAIN with more war news .. we should be able to come up First, we will need liquidity .. so im thinking algo bounce sells in asia to come down to collect some...
The gold market was moribund for the first half of the week, but contradictory U.S. CPI and PPI data pushed gold prices sharply down on Wednesday and back up on Thursday, while a sudden escalation of conflict in the Middle East on Thursday evening saw gold prices posting steady gains heading into the holiday weekend.
Hey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are seeing price play between support and resistance between two weighted levels for a test and break on either Goldturn to confirm the next level. We have resistance at 2051 for a immediate bullish target and 2036, as our bearish retracement target. We will see price...
Hey Everyone, Please see our updated 4h chart levels and targets for the coming week. We are seeing price play between support and resistance between two weighted levels for a test and break on either Goldturn to confirm the next level. We have resistance at 2061 for a immediate bullish target and 2042, as our bearish target. We will see price range between...
Hey Everyone, Quick update on our daily chart idea, which is playing out and respecting the channel dynamics. As stated last week we were seeing price test the central zone of the channel, which we highlighted to show the flow of the historical challenges in the channel. We were expecting a likely bounce from this support zone inline with historical patters,...
I see multiple strong bullish signals on Gold after a test of a key daily horizontal support. The price violated and closed above a resistance line of a falling wedge pattern. The market also formed an inside bar formation, the range of the mother's bar was violated as well. These 2 bullish confirmation indicate a highly probable bullish continuation. Next...
Hey Everyone, PIPTASTIC finish to the week with our chart idea playing out perfectly in true level to level fashion with setups giving plenty of time to prepare and get ready for the entries and exits. We started the week with ema5 lock below 2044 opening the retracement range, which was HIT with plenty of retests. Ema5 failed to lock below the retracement...
GOLD has made a sharp move up following divergence at support level, which means the bears run out of steam. Price has been rebounding dynamic resistance that created the trendline liqudity above it. We expect the price to move higher if it breaks above and closes above the consolidation zone. ------------------- Share your opinion in the comments and...
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, Please see update on our 1H chart idea. After hitting our Bullish target at 2047 earlier this week and then failing to cross and lock above confirming the rejection for the drop down into the retracement level. The retracement zone and 2020Goldturn both provided bounces inline with our plans to buy dips. We also stated that Ema5 cross and lock...