Hey Everyone, We had a break and dose below the retracement range opening the swing range, as per the chart. This played out perfectly and respected the level for the swing bounce. We took a buy from the swing range for a ride up all the way to 1937, as highlighted on this chart for 170 pips covering any premature positions - BOOOOM. We plan to continue with...
Gold is approaching the bottom of the monthly Channel Down, in fact it has made a double hit on the 0.236 Fibonacci level. If S1 breaks, wait for a buy at 1,915 (exact Channel bottom) and TP = 1,947.50, but with 4H technicals nearly oversold (RSI = 35.662, MACD = -5.130, ADX = 48.938) and the 1D RSI approaching 40.000, buy now as long as the price stays over S1...
gold again level down for tomarrow Gold forecast for the next day Mohammad Mouda is very important and key
Good evening gold gang! WELL DONE to everyone who caught the reversal buys in london, perfection. Price came down, tapped the level to the pip and after a little consolidation, broke away and provided us with an entry to go long for 30 pips. Lovely work. NY session was a little flat as expected. Sells were there with a difficult entry point but ran for appx 50...
Gold crossed under both the 4hour MA50 and the RSI's MA, which has been a strong signal since the start of June. During that time the price has been trading inside a Channel Down. Sell on this confirmed signal and target 1920 which will make a new Lower Low. This pattern gets invalidated only if the price crosses over Resistance A. In that case target first...
Price formed new resistance zone 1970 and previously broke our support zone, but it was a fake-out. It is very hard to find good opportunity to trade. However, I think there is a higher chance for the price to go down.
I spotted a peculiar falling trend line on Gold on 4H time frame. It feels like the price is forming a head and shoulders pattern, respecting that. To short the market with confirmation, watch the neckline of the pattern on Monday. If the price breaks and closes below 1953 on 4H, it will confirm the initiation of a bearish movement. A bearish continuation...
gold is expecting bullish .market possible BSL take what is your view can you share in the comments thanks
Gold turned neutral again on its 1D technicals (RSI = 48.178, MACD = -10.040, ADX = 34.352) after the strong rebound at 1,924.70. This pushed the price back over the 4H MA50, even closed a candle over it but today's LL is a new bottom and technically calls for the emergence of a Channel Down pattern. This pattern's RSI has a clear Buy and Sell Zone. As long as...
gold for next day 30 min timeframe again low 1945 then low or high
Multiple time frame analysis on Gold. Price action & key levels. Potential scenarios. ❤️Please, support this video with like and comment!❤️
Hey Everyone, Another piptastic day for us getting a repeat action of yesterday. We caught the buy from the first dip into 1966 once again for a perfect exit. 1966 is a weighted level so a failure to ema5 lock once again followed with a rejection now back into the retracement range clearing the bearish targets along the way. We will now patiently wait to see if...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hey Everyone, Great start to the week with our Bullish target at 1966 HIT as stated yesterday. Price then failed to break and close above 1966 weighted level, which then followed with the rejection. Perfect EXIT!! We are now seeing price head into the support structure and now seeing another bounce up. There is room for more movement down to complete the...
hey traders a am looking at gold and i am seeing a possible rally until it reaches the supply zone then from there i can execute sell properly. but for now i am the gold migh continue retestin on this sideway trend on its owaer timeframe and do short sells and buys. how about your trades?
Detailed multiple time frame analysis on Gold. Price action. Key levels. Potential scenarios. Trading recommendations. ❤️Please, support my work with like, thank you!❤️
Target 1975 almost reached last week as I mentioned before, but bearish trend from 4H resistance position 1973-1985 has not achieved yet. Critical event is FOMC this week. * 1st resistance: 1970 2nd resistance: 1985-1990. * supporting: 1950-1955.
The expected targets based on the volume indicator are shown on the chart Anyway, we expect a downward movement in the gold chart and the expected target with high confidence is around 1830.