Hey Everyone, Please see our updated 4h chart Goldturn levels and targets. If you look at last weeks update on this chart, highlighted with the circle, you will see some nice level to level action that we tracked and traded. We got the target at 1982 followed with the retracement to 1962 and then a re-test at 1982, as shows by the arrows we drew. The rejection...
Gold is approaching an important horizontal daily support. Depending on the reaction of the price to that structure, I see 2 potential scenarios. Bearish Scenario If the price breaks and closes below the underlined green area on a daily, it will signify a strength of the sellers and a highly probable bearish continuation. Next target will be 1900. Bullish...
Ever 1st experience in crypto with trading gold Hope for the best I am booking Tp or waiting for SL I never want to close myself Let's see
Gold reached today a triple Support Zone, the 1D MA100, the bottom of the Channel Up and S1 (1,935.50). The 1D time frame is technically bearish (RSI = 40.784, MACD = -12.590, ADX = 46.379) but those where the exact same conditions that formed the November 3rd 2022 and February 27th 2023 bottoms. Both bottoms gave way to price rallies that made at least a +10.20%...
profit booking in GOLD is inevitable as inflation fear eases
The upward trend of gold is lost. Enter the sale transaction above according to the chart
So far on 4H pattern, gold is not that weak enough to reach the mid-term bearish target 1905 because 4th bearish move only reached 1936. * 1st resistance: 1954. 2nd resistance: 1960-1965 * 1st bearish target: 1930. Mid-term bearish target: 1895-1905. * Bull & bear boundary: 1975.
Hey Traders, Watchout for this sell opportunity on XAUUSD The retest of the 61.8 fib level could initiate a very good bearish continuation of the trend. Watch out.
Gold bulls are fighting hard, the 1980 bulls are fighting for white, is there a V-shaped reversal Now gold is still a bearish trend, but it is supported by the early stage, adjusted and oscillated, the pressure above is the 1985 position, under this position gold is mainly high! The support below focuses on 1950, and the short-term market may maintain the...
Hello Traders👋🏻 On The Weekly Time Frame, The XAUUSD Price Reached a Major Key Level ✔️ Currently,on the Daily Time Frame XAUUSD formed a Rising Wedge ✔️ The Price Failed To Create New Higher High 📈 The Support Line of the Wedge is Broken 🔥 So, I Expect a Bearish Move i'm waiting for a retest... ----- TARGET: 1941.970🎯 ___________ if you agreed with this IDEA,...
So here we are again, Landing at highs on impulsive Gold moves. Times like this bring opportunity for traders who are ready for them and understand the overall natural/long term flow of any market and the movement between buyers and sellers. Remove your brain from everything you already know and just look at these two points; - When prices get too high, traders...
Hey Everyone, Another Piptastic day for us at GoldViewFX. Our Goldturn channel is being respected well with another test on the channel top and now back to the retracement range also inline with the channel half line. A break below the half-line and we should see a clean test to the channel support. Failure to break below the half-line and we should see another...
After 3 berish moves finished, gold will return back to 4H resistance position which is around 1990. * 1st support: 1970. 2nd support: 1955. * 1st resistance: 1990-1995. 2nd resistance: 2000. * Bull & bear boundary: 1990-1995.
Hi, according to my analysis of the gold market. There is a high potential for an upside from this area. It reached the bottom of the ascending channel. With very strong support at the 1950 level. Good luck everyone .Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free...
Gold rose after confirming that the 1950 support was effective, and the short-term upper resistance focused on 1985, and today's strategy is still long-based. Personal trading signals: Gold buy@1965-1970 TP: 1980-1985 Next, I will publish more accurate trading signals and continue to lead friends to achieve greater profits!
The triple top of the gold cycle and monthly line is now only rebounding, and there is no reversal trend. After the rebound, it will continue to fall. The downward line of gold is suppressed for 1 hour, and the moving average bears run downwards.Most of the rise in gold is not sustained, waiting for emotions to be released and continuing the original...
Looking at the Weekly-timeframe graph on the left-hand side of the screen, it can be observed that the price is approaching a key level of support that aligns with the up-trending diagonal highlighted on the chart. Zooming into the Daily TF chart, we may identify a preliminary entry point that we will have our eyes on for entering long positions and riding the...