Critical support 2020 broken on NFP day. A gap between 1995-2000 shows that the retracement down has not finished yet. Long-term bullish support around 1990 is important for the last bullish move. * 1st resistance: 2025-2030. 2nd resistance: 2035-2040. * 1st support: 1995. 2nd support: 1990. * Bull & bear boundary: 1985-1990.
Hey Everyone, Please see our updated weekly chart long term range and targets. Just like our monthly chart we have identified a AXIS trendline for this chart aswell. We have also update a new updated long range/term target at 2107 AXIS. Price is also at a crucial part of the range on this chart also testing and playing on the axis trendline. We will need to...
Gold is trading in a bullish trend. As I predicted, the market set a new higher high higher close this week. A correctional movement started then. Ahead, I see an important zone of confluence: the underlined area on the chart is based on a rising trend line and a horizontal structure. I will expect a bullish movement from that area next week. Goals: 2037 /...
If it really forms the form of a head and shoulders, you might as well be bold and set your goal at 1920!The process is tortuous, but it will come eventually! I'm waiting for you here!Follow me, making money will no longer be difficult!
By examining gold in the weekly time frame, we see that the price is gathering strength to attack the highest level of 2020 year , that is, the highest price recorded during the Covid-19 pandemic! The market always finds a reason for its growth and we have to see if this week or the next week the price will manage to record a price higher than $2075 or not! ...
OANDA:XAUUSD FOREXCOM:XAUUSD Gold analytical series, Episode 05 Hello Traders, First take a look at my previous episodes. Don't forget to risk-free your positions. The First target, 1998. Second target 2049 Please share ideas and leave a comment, Let me know what's your idea. CrazyS✌
OANDA:XAUUSD FOREXCOM:XAUUSD Gold analytical series, Episode 07 Hello Traders, First take a look at my previous episodes. Don't forget to risk-free your positions. Please share ideas and leave a comment, Let me know what's your idea. CrazyS✌
Gold quickly declined, almost as fast as it rose during the FOMC Meeting on Wednesday and hit the MA50 (4h). In addition, it touched the top of the formed Wedge, on a similar price action as April 10th. Both strong buy signals, considering that the long term pattern is a Channel Up. Trading Plan: 1. Buy on the current market price. Targets: 1. 2070 (top of the...
i think it has completed minor complete wave if so should give abc down move from now on we will see. if sustain above marked levels will analyse again for now great time to book profits for short term trading only will be posting a weekly wave cycle chart also have a look on that for a more longer term picture for gold
As I've mentioned yesterday, long-term bullish moved 5 high points, but 4H only 2. Critical points on NFP day will be 2020 and 2060. Short-term pattern (5&15 minutes) so far show a bearish move targeting 2030 & 2020. Cricital support is 2020. No bullish chasing if gold moves to 2060-2070 because it's already 3 days with green candlestick. * 1st resistance: 2060. ...
Hello traders, GOLD is setting up for a upside move watch GOLD according to your own trading system and look for a long position opportunity. Currently i am looking for corrective structure, if price show me a corrective structure then i will be looking for a long position around 2011 level and there is also 0.618 fib. This is just analysis, not the exact trade...
XAUUSD reached the top of the Channel Up and as the 4H timeframe turned overbought (RSI = 66.415, MACD = 15.310, ADX = 35.525) we should see a technical pullback to the bottom. Apart from the 4H MA50, we expect this pull back to be of a minimum -3.75%. With the 4H RSI on clear sell territory, sell now with TP = 2,005. Prior idea: ## If you like our free...
I recommend to you to take a long GOLD as you can see we have a classic set up with great pullback in key levels on 4H
Gold is nearing 2 resistance zones. Light Resistance: 1808 to 1826. Heavy Resistance: 1826 to 1842. Above 1842 Gold can rush towards 1880. Supports for Gold are at 1784, 1777 and 1753.
Welcome . According to my analysis of gold. There is a high probability of falling today. With the price reaching an important area. Where an upward channel has been formed. Gold failed to breach this channel. 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...
Price is currently in a Bullish overall trend direction, with a lot of news being released over the past few weeks price has seen some incredibly strong momentum to the upside. Price has broken out of the 1hr trend line that it has been hanging onto for the last 30 hours. A retest can be seen after the breakout. This showing good potential for buyers to move...
MCX:GOLD1! TVC:GOLD OANDA:XAUUSD GOLD - Where to next? Well, as we had CPI out...5% - Dollar is getting sold it's what I expected but I am focusing on precious metals, we are heading higher but we are at key resistance. Highs 2050 lows 1980. we still within range a break below lows expect 1950 areas. However above 2050 highs, gold can easily achieve 2080...
Hey Everyone, Okay for those of you who have only started following this monthly chart that we have been tracking, please review all the previous updates below as we continue to track this level to level to get upto date. This has been playing out perfectly and now we finally have a candle body close above 1976 on this monthly chart, as the month closes. This...