GOLD is making higher lows, meaning bears failed to push the price lower. The market broke and closed above the resistance at 2030, which became support. The market bounced off this support twice, and probably if it holds, the market may move to resistance. We anticipate the price to complete the AB=CD pattern. ------------------- Share your opinion in...
After setting a local higher high, Gold retraced. It is currently testing a wide horizontal demand area on a daily. To buy the market with a confirmation, watch a bullish flag pattern on a 4H. Bullish breakout of its upper boundary will be your strong bullish confirmation. A bullish continuation will be anticipated at least to 2075 then. ❤️Please, support...
Whats up gold gang! back to the winners circle with the 1 shot sell today! congrats if you got in Price is still undecided stuck in the range! .. it attempted a breakout today and shot up to my sell zone where we took them down back into the range. It then broke to the downside and came back up to the range once again!! Some accounts will be blown here as...
Gold: $2,025 - After US Inflation, What's Next? Gold's short term prospects might be dependent on upcoming US inflation data for December. XAU/USD currently trades at $2,025, stepping back from an intraday high of $2,042. On Thursday, the US will release the Consumer Price Index for December. The market is expecting a 0.3% monthly increase in Core CPI,...
Gold Is Going In Buy Here's Some Analysis By Me So Use Proper Tps Target Is 2050 Resistance 2024
GOLD is in the consolidation zone following the drop from the resistance. Price is testing the reaction zone where it made sharp moves. The market is coiling up before the expansion. We anticipate a breakout of the consolidation zone and a trend continuation trade. ------------------- Share your opinion in the comments and support the idea with Like. Thanks...
In my yesterday's analysis I wrote that, although OANDA:XAUUSD has had a bad start to the year, the medium-term trend is still bullish as long as the price stays above the 2020 zone. Gold continued its descent exactly in that zone and started to reverse. This rise could continue further and the target could be the 2060 resistance zone. I'm bullish as long as the...
Whats up gold gang! wow rekt today 2 losses! .. it looks like gold did a great job of manipulating the masses all looking for longs. Lets see why The daily respected as we saw yesterday and then shot down 200 pips in asian!! looking for pullbacks, i went long and got rekt. Its very rare for price to move so far in asian without a pull back in london. We got...
Hey Everyone, Great start to the week with our chart idea playing out as analysed. Both our 1H and 4h chart ideas provided the bounces from the Goldturns. As stated that we were looking for price to play between 2055 and 2044 and either weighted level will need a break and lock to confirm the next range level. We had the cross and lock below 2044 opening the...
The technical analysis suggests a bearish trend with $2026 - $2030 yet shows as a strong Resistance .However ,the current price action continuously trying to shatter the $2017.72 2020.16 pivots points for completion of first bearish cycle moreover,$2025.21 -$2027.82 are the R1 &rR2 points which are meant to be tested if gold makes a reverse tail to shows some...
Elliot wave impulse completed and Market consilidating now. In 4 Hr 0.618 of fib level touched
Hello Everyone, Welcome to FXMYWORLD. Let's see how this pair will perform based on the analysis. Make sure you do your research and based on your confluence please look for the entry. Don't rush your trades without any confirmation. Thanks in advance for checking my trade idea.
Gold (XAUUSD) followed the Channel Up 4H MA50 (blue trend-line) rejection pattern and as per our last week's idea (January 04, see chart below), it hit today our 2020 Target: The price is now only a few pips away from hitting the 1D MA50 (red trend-line) which has been untouched since October 13 2023 and near which both previous Higher Lows on the Channel's...
GOLD is creating the AB=CD pattern in the descending channel. The market broke and closed below the reaction zone at 2038 and the triangle formation. Price action is likely to test the support level, completing the D point. We expect a test of the support level. Contraction led to expansion. ------------------- Share your opinion in the comments and support...
Good evening gold gang! its that time once again where we tackle these gold markets with ease and precision! Price closed friday respecting 2 major zones .. so we are currently stuck in the middle. The HTF (higher time frame) is respecting the major algo at 2031 and looks good to keep coming up .. but we know this can all change very quickly. We will need some...
Hey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are seeing price test at 2045 heading towards 2047 Goldturn resistance and sitting between two weighted levels for a test and break on either Goldturn to confirm the next level. We have resistance at 2047 for a immediate bullish target and 2032, as our bearish retracement...
Hey Everyone, Please see our updated 4h chart levels and targets for the coming week. Currently we are seeing price play between 2044 and 2055 weighted Goldturns. We would need to see a break and lock above and below either level to track price to the next range target. We have resistance test open at 2055 Goldturn, which will need ema5 cross and lock above to...
Hey Everyone, Please see our daily chart update, which we have been tracking all month. Once again true perfection alongside our smaller timeframe analysis. After hitting our target at 2089 inline with the channel top, we then stated that we will now either see resistance here for a rejection and test at support on the channel half line or a break above the...