Hello Traders Welcome back to another profit day If you like my idea please give me a like and comment, That's will be a great appreciation to do more predictions Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you...
Looking at the rejection between these two levels (1812.056 and 1815.356),
From the previous Idea on GOLD , that's the update where we can see our opened position in profits like we predicted and another bullish impulse on 50% Fibo can be last chance for a trader to enter in this amazing opportunity. Our forecast remain Bullish . Check the Links on BIO and If you LIKE this analysis, Please support our page by hitting the LIKE 👍...
GOLD on the 4h chart is moving in an ascending channel. The market after the test of the upper trendline moved to the lower now. According to Plancton's strategy if the price will break below and the conditions will be satisfied we can set a nice short order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure ->...
On the daily chart we clearly see the break and retest of the minor trend line. Also, we can see the “SL hunting” by market movers. However, we still see the clear impulse correction and then we (I) are still expecting to see the second phase of impulse to create the lower low. We can also see the retest of the orange long-term trend line and we have rejected...
Am waiting for the gold market to stabilize around 1790, bottom of rectangle before going long... If it breaks below it impulsively then my bias will change to bearish. Open 1790, save loss 1780.. tp 1850
Gold is bearish intraday below $1820. The price may drop to support at $1800 and could continue to fall towards $1790 support. The sellers would need to clear support levels around $1793, where the SMA100 one-day and the previous week’s low meet. A recovery towards resistance at $1814, where (200 SMA) four-hour and Fibonacci 38.2% one-month coincide would allow...
Hello traders, Gold In the 1-hour timeframe, gold has created different types of countdown due to its long-term side motion, but the best thing to do right now is a good channel for a simple Wave counting. If we consider all this motion as a correction triangle for wave 4, this triangle is in wave b itself. To confirm this triangle, in the first stage, it must...
The "Bullish Half Pipes" (That's what I like to name it) created an uptrend after it has made another smaller Half Pipe (pink), Now after some consolidation, the Bullish halve pipe appeared again with another smaller one (pink), I suggest prices continue to 1840. Whats your opinion? A like would be appreciated :))
Hi everyone! Gold has been on a strong uptrend lately with the weekly time frame showing a bullish bias as prices held well above the ascending trend line. On the H2 time frame, gold prices are pulling back to the support zone at 1802.50, in line with the ascending trend line and 78.6% retracement which presents an opportunity to enter a long position here. Stop...
The gold price slipped sharply at the US session yesterday. At the market opening yesterday, it has carried the buying momentum from the day before, the price tested the 1815-18 resistance zone a few times during the Asian & European sessions. The break to the upside happened at the US session opening. The price cleared both the 1815-18 resistance zone and the...
Morning Team My sells are very much still in play. You can see from this analysis that the only real new structure after the sell-off has just been purged. If you got out of your sells yesterday you could see how price reacts around this area to add more. I will be waiting for one last push up before viewing the possibility of more sells. We are also going to...
Gold retreated further last Friday. The market opened near 1829 early in the Asian session and the selling has continued throughout the day. After the price broke the support line(1) at the European session, it has gone straight to the 1815-18 support area. The price then rebounded at the US session opening, but it has broken the 1815 support(2) before the...
Fundamental analysis: Spot gold price fell slightly, the intraday trend was volatile, and the US dollar strengthened, inhibiting the inflow of funds into safe-haven gold, although some people are worried about the rapid increase of covid-19 cases. Spot gold erased its intraday gains and closed at $1810.36 per ounce in late trading, marking its second decline in...
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
Three days ago, after the strong reversal from close to resistance and the Evening Star candles formation, I've become bearish Gold. However, the Pin Bar from 1795 support made me sit on the bench yesterday. At this moment, a new Pin Bar and a strong reversal from above 1820 resistance made me a bear again. From a technical point of view, is very probable to have...
Gold gained traction and climbed to a daily high of $1825 but failed to preserve its bullish momentum. Broad based USD strength continues to limit XAUUSD upside. The horizontal range seems to have formed between $1790 (100-day SMA) and $1825 (200-day SMA). Gold price may move towards horizontal support at $1802.50 in line with 38.2% Fibonacci retracement and 100%...