Hey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are seeing price test 2393 on market close last week with a candle body close gap to 2408 weighted level. We will need to see ema5 lock to further confirm this. We will need to see ema5 lock above 2408 to further open the range above or a rejection will follow to find...
Hey Everyone, Please see our updated daily chart idea after successfully completing our last daily chart idea. We are currently seeing price test the updated Goldturn ascending channel top. We are likely to witness either a break above the channel or some resistance and some correctional retracement for a level to level bounce back up to continue to extend the...
Hey Everyone, This is an update on our weekly chart idea that we have been tracking and trading successfully over the last few months and currently still being respected. So far we were able to track the entre move up and down twice with level to level tracking and our long term swing range zones have also provided the bounces each time. LAST UPDATE Last week...
Here is my latest structure analysis and important key levels to focus on next week on Gold. Resistance 1: 2416 - 2430 area Resistance 2: 2497 - 2509 area Support 1: 2354 - 2360 area Support 2: 2300 - 2333 area Support 3: 2265 - 2280 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
- Everything is in graph. - maybe Gold will start a new rise after BTC Halving. " In a bearish market, investors typically prefer to buy gold, and at times of high inflation and market volatility, gold is considered by many as a 'safe haven' asset. " - This was the definition of a safe heaven i found in Google, but this have no more sense in 2022.. - if you...
Hey Everyone, Great finish to he week completing our last target at 2408 after lock confirmation for the range. We started the week with 2355 bullish target hit followed with the ema5 lock above 2355 opening 2382 and 2408. We had the 2382 level hit early this week followed with lots of dips giving plenty of action to get in from every dip, knowing we still...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves Break of Structure and Retracement RSI - Divergence Rising Wedge as an Corrective Pattern in Short Time Frame Demand Zone
Hey Everyone, Another great day on the chart today buying multiple dips inline with our chart idea. Yesterday after hitting our bullish target at 2389, we got the rejection, as no ema5 lock above this level. The rejection maintained support above 2349 Goldturn, allowing us to buy dips back to 2389 target. We will continue to see this level tested until broken...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed Impulsive Waves " 12345 " Break of Structure and Retracement RSI - Divergence Rising Wedge as an Corrective Pattern in Short Time Frame CHoCH Pin Bar as Trend Reversal
Gold hovers around the $2,370, with trading range relatively narrow as investors closely monitor updates on the Iran-Israel conflict. Israel's stance on retaliating against Iran revolves not around whether but when and how to strike back. Bezalel Smotrich, Israel's Finance Minister, advocates for a response that would impose a "disproportionate toll" on Iran,...
Hey Everyone, Please see update on our 4h chart idea we shared Sunday, which is playing out perfectly. We were looking for a retest at 2389, as our Bullish target, which was hit perfectly completing this target and no further ema5 cross and lock above this level, which confirmed the rejection. We will need to see ema5 lock above this level to see a continuation...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed Impulse and Corrective Waves " AB " Break of Structure and Retracement RSI - Divergence Bullish Channel as an Corrective Pattern in Short Time Frame Fibonacci Level - 78.60%
Sometimes, you have to see the things from a different perspective, the chart of Gold against major currencies, writing this on the chart: "" TVC:GOLD/((FX_IDC:CHFUSD+FX_IDC:EURUSD+FX_IDC:GBPUSD)/3) "" you can observe that the price has successfully broken out from a long accumulation inside an ascending triangle and that it's about to break the all time high...
Hey Everyone, Another great day on the chat today buying dips in true level to level style. After hitting our Bullish target yesterday at 2355 we stated we had 2382 left open. Once again we delivered the results with 2382 hit today completing this target. We now have a gap left open at 2408 but we will only continue to buy dips also keeping in mind our...
Gold is overbought on its 1D technical outlook (RSI = 75.650, MACD = 67.600, ADX = 69.434) and appears to be unphazed by the recent rejection at the top of the Channel Up that pulled back to the 4H MA50. This is basically a consolidation that can be evolved to a similar pattern with March's. It was the 4H MA100 that held it on an uptrend at the time and has been...
With the Iranian attack on Israel this night, Gold may open with a gap up. Before the market closed, the price already reached a significant intraday demand zone based on a support line of an expanding wedge pattern and a horizontal support. The closest resistance can be 2400. ❤️Please, support my work with like, thank you!❤️
Hey Everyone, Great start to the week with our first target hit at 2355 - BOOOM!! We now have a lock above this level leaving 2382 open. We will continue with our plans to buy dips and also keeping in mind our retracement range at 2312. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the...
Hey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are seeing price play between two weighted levels with 2355, as our Bullish target and 2312, as the support target. We are looking for a retest at 2355 and a further ema5 cross and lock above this level will open the levels above. Failure to lock will follow with a...