the first fibonacci in the left side of the chart is the first clue of the bottom of the downtrend by making a flat correction (A and B) wich lead to a strong C at allmost 161% of fibonacci, this next wave is a bullish correction, some could call it a bullish flag is still the same, everytime after a big bounce in a short time it has to "correct" the too fast...
It is Possible that the price will contineu to rise from here, but i expect the price to correct to the lower supply zone, then the price will increase strongly again
Gold is still in an upward trend until the opposite is proven, so the next move is likely to be towards levels above 1800. Gold is inversely linked to the US dollar, so it is likely that the dollar is currently in a state of weakness, but the strength of the dollar is getting sick but not dying. Therefore, caution should be a friend of our trading when we trade...
Hy dear Crypto family. We are here to discuss about SUSHI. SUSHI is at the bottom and here we are getting a good volume. So from this level we can see a good bounce in market. And all other alts coin we can see a good Bullish wave. Keep in touch we will update further soon.
Hy dear Crypto family. We are here to discuss about SUSHI. SUSHI is at the bottom and here we are getting a good volume. So from this level we can see a good bounce in market. And all other alts coin we can see a good Bullish wave. Keep in touch we will update further soon.
Hey traders, Gold has nicely respected a horizontal daily zone of demand. The price formed a double bottom formation on that on 4h time frame and broke its neckline then. I think that the market will go higher next week. Goals: 1764 / 1766 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Multiple time frame analysis on Gold. Bullish outlook explained. Trading recommendations given. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Gold price consolidates on Black Friday. Currently near $1747. $1750 support has tested the bullish commitments and Gold is moving downwards after the break. The next support will be seen at $1730 demand zone. On the upside the bulls may take out the intraday high this week’s high near $1770 if Gold reclaims $1750 - $1760. If broken gold can test this month’s high...
🤑TOP DOWN ANALYSIS OVERVIEW🤑 biggest time frame yearly base on yearly gold is in a bull trend but current in a corrective phase 🧐Eagle eye: bull Monthly: higher low /lower low formatted bear trend current candle is a retracement candle and also filled out discounted area of monthly time frame weekly: extremely bearish in weekly now in a corrective phase and also...
CHART PATTERN + VOLUME PROFILE on my prediction Gold will go up after breakout of flag pattern
Gold Analysis Friday 25 November Gold performance Thursday: Gold opened at $1752, made a high at $1758, and closed at $1754. Today gold opened at $1759. Support is at $1745 and Resistance is at $1775. Trend is positive. No Important Fundamental data today regarding US.
Gold shows a pause or stop in the bullish move on higher timeframes which might indicate that a retracement might begin. A look at the lower timeframes shows some bearish price action and one might take a risk on a short term sell. My setup gives a 1:2 risk:reward. Remember to ALWAYS consider risk management and don't risk more than 4% of your equity
In my honest opinion Gold will head much much higher in the next decade, and the double top at 2070 is bound to break. In the short term it also looks fairly bullish as it has reclaimed several key support levels, along with the 200-400 DMAs and the diagonal trendline. Getting up to 1900-1920 over the next few days or weeks definitely seems possible. However in...
Multiple time frame analysis on Gold. Price action & key levels. Trading recommendations & forecast. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Gold pullback after retest XABCD pattern neckline RSI Bullish gold pauses at 200-EMA local resistance #gold #xauusd #liveforex #goldsignalfree press like👍 if you enjoy + comment your opinion about the market or your thoughts, below this analysis
Hi traders, watch GOLD with your own according strategy and look for a short position opportunity for a short term trade setup GOOD LUCK.
GOLD XAUUSD The price approaching on the resistance level I expect to retes at her My target next support level as you can see in 1726 If we look in higher time frime Like dailly or weekly will see Some imbalance candles So in this case will think about what Will happen if the price leaves Behind imbalance candles It means that the price will return again To...
According to the latest weekly analysis of gold, we can see that I predicted that the price will face selling pressure when it reaches this range of $1770 to $1807, which is exactly what happened, the price started to fall from $1786 and was able to reach $1727! This analysis and opinion is still valid, unless proven otherwise! Follow me for more analysis &...