Multiple time frame analysis for Gold. Price action. Important key levels. Directional bias and thoughts. ❤️Please, support this video with like and comment!❤️
Dear traders, gold is ready for sell entry 1923 sl 1933 tp 1905 note- per trade max risk 1 % ( MONEY MANAGEMENT IS THE ONE AND ONLY KEY IN FOREX )
Since Monday I have written that Gold is ready for a reversal and we'll probably have a test of 1930 zone resistance. After 3 attempts of a new low blocked by bulls just under 1890, XauUsd finally exploded to the upside yesterday, breaking above 1905 minor resistance. After the intraday high towards 1920, Gold corrected before NY close. Overnight bulls took...
Gold is possibly still within its descending channel, though it has discovered a foothold at $1885 and demonstrated an upward shift this week due to a decline in bond yields. However, the anticipation is for the Fed funds rate to remain higher for longer, so gold’s upside potential might be short-lived. Butting up against this hypothesis is the very recent...
Hey Everyone, Our chart idea has once again smashed targets and provided a true level to level way of trading and tracking the movement level to level. We got the ema5 cross and lock above our weighted level at 1893 opening 1902, which was hit perfectly yesterday. Today we had 1902 cross and locked opening the upper targets. We HIT 1910 and1916 perfectly!!!!...
Gold perfectly respected a horizontal key level that we spotted earlier. After a formation of a doji candle on that, the market bounced and violated a resistance line of a falling wedge pattern. The market keeps growing now. The closest strong resistance that we can spot is 1924. That will most likely be the next goal for the buyers. Then, the futures...
Hey Everyone, Another great day for us with our chart idea playing out level to level. We got the ema5 cross and lock above our weighted level at 1893 opening 1902, which was hit perfectly today. 1902 then failed to cross with ema5 creating a turn for the rejection. We are now seeing price play tennis between the two weighted levels. We will need to see one...
Possible continuation of the short trend. Gold will see bear pressure soon. We take the risk. manage your risk.
Hey Everyone, Please see our updated 1h chart levels and targets. Price and EMA5 testing 1888 Goldturn, which is a weighted level. EMA5 break and lock below this level will open the swing range. We also have 1893 Goldturn resistance open for a bounce re-test. We will need to see 1893 break, even with a candle body close to confirm 1902 weighted level challenge....
Daily/4h time frames analysis on Gold. Price action. Key levels. Potentials scenarios. Trading plan. ❤️Please, support my work with like, thank you!❤️
Gold will be bullish soon. Gold will make a bullish wave before taking next decision. Trade accuracy 97%. Manage your own risk.
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Hey Everyone, Please see our updated 4h chart levels and targets. We are still in bearish formation on this chart with our descending channel being respected. We have 1894, as the immediate Bullish target with a break and lock above this level will provide the momentum to test the channel top. We also have an immediate bearish target at 1882 retracement...
Hey Everyone, Please review our last update on this chart below so you can see how we have been tracking this chart and to get upto date with our chart flow. We are now seeing price into the swing range after ema5 locked below the axis support level we highlighted on the chart. This played out as analysed with level to level tracking. We are now in the swing...
Hey Everyone, Please see our last update on this chart below to get upto date with our chart flow on this idea. Price is now testing the channel bottom and testing strong support levels. We are expecting reaction bounces in this range to . A break below this range with ema5 cross and lock below this channel bottom will open the range below, in which case the...
Here is my latest structure analysis for Gold. Horizontal Key Levels Support 1: 1875 - 1898 area Support 2: 1854 - 1858 area Support 3: 1804 - 1811 area Resistance 1: 1923 - 1933 area Resistance 2: 1942 - 1947 area Resistance 3: 1972 - 1987 area Vertical Key Levels Vertical Support 1: Support line of a falling wedge pattern Vertical Resistance 1:...
Hey Everyone, Whilst a difficult week of trading against the trend once again we have proved our strategy to trade against the trend and still WIN by buying dips is not luck, BUT ART!!!!!! 18 Months of buying WITH and AGAINST the trend. When we are with the trend, we we ride it and when we are against it, we buy dips. Then we add to the mix our algo generated...
There is a high chance that the next move of gold is going to be toward the support of this trend channel.