I'm following smart money concept here and gold has entered the buy zone according to it target to the upwards come to near 1970 zone which is peak at the 1 hour time frame tomorrow and day after tomorrow are really crucial for gold with us cpi and retail sales news in line this week
Gold turned bearish on the 1D timeframe (RSI = 43.890, MACD = -0.091, ADX = 34.371) after the November Channel Down almost hit the 4H MA200. It hit our 1,935.50 TP nonetheless (see previous signal at the bottom), and now the short term is giving us a buy signal in the event of a break over the Channel Down. The 4H RSI holds a HL trendline which is a Bullish...
Hey Everyone, PIPTASTIC start to the week with our 4H chart playing out perfectly. Into the retracement range for support and then the bounce, as analysed, into our target 1946 on this chart - BOOOOM!!! Our 1H chart has the lower range open, so we need to keep this in mind when managing risk and range this week. We are now looking for ema5 cross and lock above...
Update for Gold. Earlier, we spotted a confirmed violation of a key horizontal support. Retesting the broken structure, the price formed a narrow horizontal range on a 4H time frame. Its support breakout - 4h candle close below 1931 - will give you a strong intraday confirmation. A bearish continuation will be anticipated to 1923 / 1916 levels then. ...
This week wave very bearish for Gold. Since the market opening, the price was steadily falling. I spotted a confirmed structure violation on Friday - the market closed below 1942 - 1971 demand cluster. It turned into a strong resistance now. I will expect a bearish continuation lower to 1910 ❤️Please, support my work with like, thank you!❤️
While the price of D1 gold saw an increase yesterday, putting an end to its three-day losing streak, the resulting price bar displayed an upward trend with a limited range. It closed with a 1/2 upper shadow, indicating that the buying force in the lower range remains relatively weak compared to the downward pressure from above. The daily structure of gold on D1...
Hey Everyone, Please see our updated 1h chart levels and targets for the coming week. Last week we had a Bearish week, which was a perfect example of how our strategy works against the short/mid term trend. The break and lock allowed us to track the movement down and our weighted levels allowed us to buys dips for 30 to 40 pips, as you can see on the...
Hey Everyone, Please see our updated 4h chart levels and targets. Just like our 1H chart the 4H chart last week was a perfect example of how our strategy also works against the short/mid term trend. The break and lock allowed us to track the movement down and our weighted levels allowed us to buys dips for 30 to 40 pips, as you can see on the chart giving the...
Hey Everyone, FAILED TO CROSS 1988 This is the DAILY CHART idea that we have been tracking for a few months now and still playing out perfectly. As highlighted last week, we completed all our Bullish targets all the way into 1988 and that we had a candle body close above 1988 opening the range above into 2026 but needed the ema5 cross and lock above 1988 to...
Daily/4h/1h time frames analysis on Gold. Important key levels. Potential scenarios. Trading recommendations. Trading plan. ❤️Please, support this video with like and comment!❤️
Hey Everyone, Following on from yesterdays update we were looking for either a break above 1965 or failure to break will confirm a rejection and to keep in mind the open target at 1935 from the ema5 lock below 1952 leaving 1935 open. 1952 was locked with ema5 once again today confirming the 1935 level twice. We got the test and expect a reaction here. We will...
This morning, the global gold prices extended their drop, as spot gold decreased by 8.8 USD to reach 1,968.7 USD per ounce. Gold futures were last recorded at 1,973.5 USD per ounce, marking a 15.1 USD drop compared to yesterday's morning prices. The resurgence of the USD during the evening trading session on November 7 reduced gold's attractiveness to buyers...
Here are the important key levels and my latest structure analysis for Gold for next week. Resistance 1: 2005 - 2011 area Resistance 2: 2034 - 2048 area Resistance 3: 2063 - 2067 area Support 1: 1942 - 1970 area Support 2: 1810 - 1820 area Consider these structures for pullback/breakout trading. Good luck next week!
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Consolidation Phase as an Corrective Pattern in Short Time Frame , It is Possible that it will Break the Lower Trend Line to Complete its " 12345 " Impulsive. If it Rejects from LTL then Buy. Completed Impulse and making " A " Corrective Wave Entry Precaution : Wait until it Breaks or Rejects LTL
Hey Everyone, We got the 1978 retracement test yesterday and suggested either a bounce from this level or a break and lock with ema5 will open the swing range. We got the break and lock below 1978, which confirmed the opening of the swing range. This played out perfectly with the swing range being tested today. We got our bounce for 50 pips from the swing range....
Gold price extends downside marginally below $1,970.00 after several failed attempts of stabilization above the psychological resistance of $2,000. The precious metal is exposed to the 20-day Exponential Moving Average (EMA), which trades around $1,960.00. The broader trend is still bullish as the 200-day EMA is sloping higher. Momentum oscillators demonstrate...
COMEX:GC1! chart mapping/analysis. Note: TradingView chart B-ADJ adjusted for contract changes Gold Futures holding bullish consolidation after epic rally since early October due to Middle East tensions triggering a "Flight to Safety" trade + institutional short covering. Wait & see approach whether Gold will continue to climb higher within ascending...
Gold prices are trending lower, with mixed trends related to the end of the US Federal Reserve's interest rate hikes. Commodity markets have experienced significant volatility due to a variety of factors, including global economic concerns, weather-related impacts, production forecasts, and speculation related to reserve interest decisions. united states of...