whats up gold gang! we did it again with the analysis totally on point .. we even caught the expansion upwards! great day was had whats next? .. the bulls are firmly in control as predicted at the begining of the week .. so we can expect higher price tomorrow onwards .. but we will need a pull back first Id like to see asian pull back to the 2033 area before...
🏃♂️Gold is moving in a 🔴 Heavy Resistance zone($2,075_$2,035) 🔴. 🌊According to the theory of Elliott waves , it seems that Gold managed to complete one of the corrective waves near the 🔴 Resistance zone($2,010.40_$2,046.70) 🔴. 🌊The correction wave structure is of Zigzag(5-3-5) type, so microwave A had an Expanding Leading Diagonal structure. 💡Also, we...
⚔️Gold attacked the 🔴 Heavy Resistance zone($2,075_$2,035) 🔴 for the fourth time but failed to break it and created a 🐮 Bull Trap 🐮. 🌊Gold started to form corrective waves after completing its 5 impulse waves at the 🔴Heavy Resistance zone($2,075_$2,035)🔴. 🌊The first main wave, the main wave A , had a Double Three Correction(WXY) structure. 🌊The second...
GOLD is consolidating between the resistance and support levels. The market has reached the lower border of the ascending channel. If the price makes a false breakout of the support level, we expect a bullish move to retest the resistance and 127.2% fibo inversion level. We anticipate further consolidation until the market breaks through resistance or...
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.
What's next for Gold after $2,100 record? PCE report in sight As attention in the financial markets shifts towards the upcoming US Personal Consumption Expenditures (PCE) inflation report set for release on Friday, its significance becomes apparent. This report holds the potential to provide crucial insights into future monetary policy adjustments. Moreover, its...
good evening gold gang!! hope you are ok and survived this boring day of little volume. Analysis was spot on again with the move up in asian .. catching the trade in pre london and also bounce sells coming later on in the day ... amazing! lets stay out of the current range as its super low volume .. i want to see a close above the impulsive move to take buys...
After a confirmed breakout of an intraday horizontal demand cluster, Gold started to recover steadily within an expanding wedge pattern. We saw a strong rejection from the broken area. Our next bearish signal will be a bearish breakout of the support of the wedge with a 4H candle close below that. It will push the market at least 2010 level. If you haven't...
Hello Traders! This is my perspective for GOLD M30. As you can see, we are in a BULLISH CHANNEL, and I expect a move until the price of 2042. A good opportunity to execute a long trade. At the price of 2042 we have an OB and a resistance level at 2040, very interesting levels to take into consideration. Traders, if you liked my idea or if you have a different...
GOLD dropped from the resistance level. The market made a sharp move, then consolidation zone and now we can see that it's consolidating. The breakout of the consolidation will create another drop. Above we have resistance and 50% fibo levels. We anticipate a break through the consolidation zone. ------------------- Share your opinion in the comments and...
Gold nicely respected a horizontal daily supply area. The price formed a bearish engulfing candle on a daily and violated a support line of a horizontal range on a 4H time frame. I believe that the price may drop lower next week. Next supports: 2010 / 2000 ❤️Please, support my work with like, thank you!❤️
Hey Everyone, Great start to the week with our route map chart idea playing out as planned. Price supported above 2018 and failed to lock below confirming the push up, perfectly hitting our Bullish target at 2033 Goldlturn. We will now need to see 2033 cross and locked to open 2046. Failure to lock above will see rejection into support to test 2018 again. We...
Gold (XAU/USD) stays in a consolidation phase at around $2,020 after having closed the previous week modestly higher. The benchmark 10-year US Treasury bond yield moves sideways below 4% to start the week and makes it difficult for XAU/USD to find direction.
good evening gold gang!! its that time again where we navigate these gold markets on the run up to christmas So on the higher time frame we got price respecting bullish price action .. so ill be looking for buying opportunities this week for sure Cant ignore the huge imbalance left from nfp but in the short term .. i would like to see price come up to grab...
Gold (XAUUSD) eventually delivered the expected rejection and pull-back after hitting the 0.786 Fibonacci level as we presented on our December 04 idea (see chart below): The All Time High (ATH) candle turned out to be a fake-out, liquidating countless of late buy positions at the top as well as stop losses on sells. If we ignore that non-technical candle...
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 bounced off the resistance level and dropped below the reaction zone. The market created a pinbar at resistance, indicating bearish sentiment. Another sign is the double top on the hourly chart. The price failed to break above and close above. We expect bearish move following liquidity grab above the 2050 resistance because price did not touch this...
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.