Takeaways: - Long Term Bull Trend - Lower Rejection Off Key S+R - Trend Validation - 2HR Golden EMA Crossover - Ascending Inner Channel - Quarter Cycle Completion - Multiple Price Pivot Level - Dynamic Triangle Breakout - Dynamic S+R trend + emas - Ascending Channel Breakout - Previous Market Structure for ATH
Gold was and remains strongly bullish after the market opening. The price violated a key daily horizontal resistance and closed above that. The broken structure turned into a strong support. The next goal for the buyers will be 2033 resistance. We can anticipate growth. ❤️Please, support my work with like, thank you!❤️
Hey Everyone, Another fantastic day of trading for us with our chart idea playing out to perfection!! Following on from yesterday, our cross and lock above 2010 confirmed 2018 and 2032. Both these targets are now hit - BOOOM!! We had plenty of time of get in for this movement, as the weighted level lock confirmed the breakout in advance. We now need to see...
Hey Everyone, Please see our updated 1h chart levels and targets for the coming week. Last week after the Bullish run we saw price range between the Goldturn structure. We were able to buy dips from support and take profit on our Goldturn resistance levels. We now have a bullish target at 2010 and a cross of ema5 above 2010 will open the upper range. We have...
Gold prices continue their positive trend for the fourth consecutive day, nearing a multi-month peak. The belief that the Federal Reserve has completed interest rate hikes and is initiating policy easing in 2024 remains supportive. From a technical perspective, the overnight breakthrough above the horizontal resistance at $2,008-$2,010 is considered a new catalyst...
Gold is trading inside a Channel Up on the 4H timeframe since the Nov 12th low. Stable bullish technical outlook on 4H (RSI = 66.543, MACD = 8.550, ADX = 30.155), which calls for an extension of the current price action which is at the bottom of the Channel Up currently, to a new HH. We aim at a +1.96% rise (symmetrical with previous bullish legs), TP =...
Hey Everyone, Piptastic start to the week for us with our chart idea playing out from the get go. Yesterday we advised of our immediate Bullish target of 2010 and that a cross of ema5 above 2010 will open the upper range. The first part of this plan was completed today with our 2010 target hit with a bonus hit at 2018 clearing both targets. We now have 2032...
Hi Traders, Investors and Speculators of the Charts 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. In today's analysis, let's discuss the recent surge in gold. Have we seen this before or is it dejavu? In light of the recent fears...
Gold's Path to $2050: China's Backing and Technical Patterns Align The price of Gold is set for further gains, fueled by positive sentiment following the announcement of increased financial support for private firms by the People's Bank of China (PBoC). In technical analysis, Gold has broken through resistance around the 2009.80 area, forming a potential Head...
TVC:GOLD chart mapping/analysis for last week of November. TBC further details/write-up via ideas section.
Monthly Chart: This is our monthly illustration which we have been sharing regularly and using to guide us through the markets. It was last shared a good few months ago where we said we have added a new target level above and below for Gold. We said we would be using the smaller time frames to guide us in the right direction to either or target level. As you...
Hey Everyone, Please see our updated 4h chart levels and targets for the coming week. We had a nice Bullish week last week clearing all our Bullish Targets. We are now seeing price test resistance at 2002 with a candle body close above the level leaving a big gap to 2017. However, we would need to see ema5 cross above this level to solidify the confirmation...
Hey Everyone, This is an update on our weekly chart idea that we have been tracking and trading for a number of months now. CURRENT UPDATE We are now seeing price test the channel entrance and would need to see a candle to break into the channel with ema5 to start seeing price play in the range above. A break into the channel followed with a test on...
Gold closed retesting a key daily horizontal resistance. The price formed a double top on that and violated its neckline. During the Thanksgiving holidays, the market slightly recovered. I believe that it will most likely drop after the market opening on Monday. Goals remain intact: 1985 / 1969 ❤️Please, support my work with like, thank you!❤️
I don't trade gold but I use it as indicator of the market, however this TA could be useful for those who trade it. If you check the monthly chart it looks like in some sort of weird cup and handle although it's not shaped "by book" and could be something else. If it is C&H then price could go around 2900 USD in case of breakout but I think it's too much unless...
Hey Everyone, We finish off the week perfectly with the retest at 2003 from the bounce from 1989, as stated yesterday. We will now need a cross and lock above 2003 to confirm the range above. However, a new Goldturn created below 2003 will confirm a rejection. We will now come back Sunday with our multi timeframe analysis, route map and updated trading plans for...
What does the bullish future hold for gold in the upcoming months? Will Gold just continue to go higher and higher due to inflation or will Gold have 1 last good pullback before we see Gold taking off 🚀 🚀 🚀... Scenario 1: Gold will continue to push higher and test resistance's and supports while having slight pullbacks throughout its run. OR Scenario 2: Is a...
Top-down analysis for Gold. Price action & important key levels. Directional bias & thoughts. Bearish outlook explained. ❤️Please, support this video with like and comment!❤️