GOLD market is making lower highs and lows. It is creating a potential AB=CD pattern and bearish flag pattern. Price created a shorting opportunity where we have resistance and a 61.8% fibo level that line up with it. If the market pullbacks to a resistance level, a pinbar is going to be a good signal to short the market. ------------------ Share your opinion...
Have you heard the exciting news? A golden opportunity has emerged in the world of trading, where gold enthusiasts can now reap double returns by exploring the potential of the Japanese yen against the US dollar. Brace yourselves, as we delve into this thrilling venture that promises to elevate your trading game to new heights! Unleashing the Power of...
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.
Good evening gold gang! hope you are all well and survived a pretty boring day in the no news markets! Asian session saw the most volume pushing to the upside before crawling back down in london and NY I could only trade London session today as i had a little problem with my passport that had to be resolved before a trip away this week .. so panic was on the...
Hello, according to my analysis of the gold market, there is a very good selling opportunity. Everything is explained in the analysis. good luck for everbody
GOLD is moving sideways in the ascending channel. The market decelerated while approaching the support level, which may lead to a pullback. Price action is likely to continue consolidating until the new trend is confirmed by a breakout of the support or resistance. ------------------- Share your opinion in the comments and support the idea with like....
Here is my latest structure analysis for Gold. Horizontal Key Levels Resistance 1: 1942 - 1953 area Resistance 2: 1965 - 1972 area Resistance 3: 1978 - 1987 area Support 1: 1884 - 1889 area Vertical Key Levels Vertical Resistance 1: Falling trend line Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
In the initial hours of Monday's Asian session, gold prices were observed to be hovering at approximately $1,920 per troy ounce. Despite this, the precious metal managed to maintain its previous weekly close due to some assistance from the weakening US Dollar (USD). The US Dollar Index (DXY), a measure of the performance of the Greenback against six prominent...
Gold fluctuated slightly again yesterday. The upper limit reached the 1930 line and then stopped and started to retreat. The lower support reached the 1920 line. Then in the short term, it is still fluctuating in a small range. The daily moving average system is complicated, and it is very likely that it is waiting for the later period. The breakthrough is...
In yesterday's post, I said that my bias for Gold is still bullish, however, confirmation is needed to consider a higher low in place. Yesterday, after a double touch of 1930 short-term resistance, XauUsd consolidated and stayed in the middle of the newly formed range. As we can see the the posted chart, we are still under resistance and, in fact, the price is...
Hey Everyone, And we did it again!!!! PIPTASTIC START TO THE WEEK!!!! We hit our first Bullish target at 1921 on market open. We then got the ema5 cross and lock above 1921 opening 1923 and 1927, which was also hit perfectly!!! No further lock above 1927, which confirmed the rejection back down. This is true level to level trading allowing us to identify the...
Strong economic activity in the United States is supporting the #dollar, and that's why we are witnessing a decline in the #price of an ounce of gold. #Gold prices seem unable to initiate a rally or a significant drop; in fact, the market is in a #range. #Fundamental Analysis of #Gold It is expected that #economic data in the coming week will support the...
GOLD is in the consolidating zone following the drop from the resistance level. The market broke and closed below the reaction zone. Price pulled back to the consolidation border and descending channel border as well, where we have resistance and a 38.2% fibo level. We anticipate further consolidation until a new trend is confirmed. ------------------- Share...
Gold (XAUUSD) is trading within a Channel Up pattern but following the downtrend since the September 01 High, it may be nothing more but a Bull Flat pattern. Whatever the long-term case, the short-term trade is a sell as the price appears to be getting rejecting at the top of the pattern, while the 1D MA200 (orange trend-line) looms above. Our target is the...
After the recent low under 1920, Gold has started to consolidate in a 100 pips range. Although Friday's close is bearish, XauUsd recovered strongly on the Asian Session last night and is trading now towards the upper boundary of the range. A break above this level would be the first indication of reversal with a clear confirmation if Gold is breaking and close...
Good evening gold gang! hope you had a great weekend! Its that time again! time to attack the gold chart once again On the weekly time frame .. price is still making bearish structure to the downside as DXY rallys to the upside. Ill be looking for mainly sells this week other than my little scalps i like to hit Strong monthly zone is there and price is...
Hey Everyone, Please see our updated 1h chart levels and targets for the coming week. We have 1921 Goldturn resistance target open for a test. We will need to see 1921 break and lock to open the range above. We also have the retracement zone at 1915 that may require a correctional re-test. We will keep the above in mind when taking buys from dips. Our updated...
Hey Everyone, Please see our updated 4H chart levels and targets for the coming week. We have 1927 Goldturn resistance target open for a test. We will need to see 1927 break and lock to open the range above. We also have a bearish target at 1917 and a retracement zone at 1913 that may require a correctional re-test. We will keep the above in mind when taking...