H4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Price remains contained within an internal range where we saw a reaction from H4 supply with price unable to close below strong internal low.
Price has tapped into H4 demand where we are seeing a reaction, however, price has previously failed to break and close above weak internal high.
The prevailing...
Gold price analysis:
Current short-term trend: Up.
News: Good news for gold
Technical Indicators: MA shows bullish trend
Short term pattern: triangle consolidation
Breakthrough direction: Up
Support: 2366-2262
Pressure: 2397-2404
In the short term, low buying is still the main trend!
The above gold prices are based on the real-time prices on...
Hey Everyone,
Please see our updated 1h chart levels and targets for the coming week.
We are seeing price test 2393 on market close last week with a candle body close gap to 2408 weighted level. We will need to see ema5 lock to further confirm this.
We will need to see ema5 lock above 2408 to further open the range above or a rejection will follow to find...
Gold surged sharply this morning, breaking through the 2400 round number mark, breaking the shock balance of the past few days. The gold bulls returned strongly. The main reason is that they were affected by the war. Stimulated by this news, the gold bulls were very strong. And this sentiment will not be laughed off like the data, so I think the bulls will...
Gold has been in range, price have been trading at 2360 and 2396, however, we are still unsure of what next with Gold. Though fundamental and technical both sites showing that Gold may rebound to 2440 area however, recent volume and price behaviour says otherwise. Let's wait and see how price behave.
H4 Analysis:
Bias/Analysis remains unchanged since yesterday's analysis dated 18 April 2024.
-> Swing: Bullish.
-> Internal: Bullish.
Price remains contained within an internal range where we saw a reaction from H4 supply with price unable to close below strong internal low.
Price reacted at H4 supply and subsequently reacted at H4 demand.
Price is...
Hello, according to my analysis of the gold market, we notice the formation of an ascending channel. However, despite that, it is only a corrective wave. We may see a decline from the 2080 area, which is a correction to the Fibonacci golden ratio of 61%. Good luck to everyone
Gold ultimately failed to break through to a new high last night and was still hindered by the resistance of the 2400 mark. After yesterday's pullback, the strength of the gold bulls was severely damaged. Therefore, today's strategy is mainly to focus on the high Sell. Now gold has reached the short-term resistance level of 2378, here Can sell.
technical...
Welcome . Analysis of the gold market. On the clock frame. Everything is explained in the analysis. Please comment if there is ambiguity in the analysis. Or you didn't understand anything. I will be happy to respond. Good luck everyone
Anouare
H4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Price remains contained within an internal range where we saw a reaction from H4 supply with price unable to close below strong internal low.
Price reacted at H4 supply and subsequently reacted at H4 demand.
Price is currently between H4 supply and demand where we are seeing a battle between the bulls...
The U.S. dollar index continued to strengthen, posting its fifth consecutive daily gain as Powell signaled that the Fed has no plans to cut interest rates in the short term.
Risk aversion limited gold's losses despite Powell's attempts to blunt market expectations for a rate cut. Spot gold approached the 2,400 mark intraday, but then fell back.
After gold...
Daily resistance is 2374, support below is 2326-2320
Four-hour resistance is 2374, support below is 2326-2320
Gold operation advice: Last Friday, relying on the 2370 mark, the unilateral rise and breakout trend started, and then further accelerated to reach the 2390 mark. The U.S. market ushered in an accelerated surge to break through the 2400 point integer...
Gold has peaked in the short term and is waiting to rebound to Sell near 2358.
There is still a lot of room for gold to fall. Driven by risk aversion last Friday, it did not rise as unstoppably as before. Instead, it surged higher and then fell. This has indicated that the gold bulls have ended and the short-term is controlled by the short-term, so If it rebounds...
Welcome . My analysis of the gold market using the pitchfork tool on the daily frame. Everything is explained in the analysis. Please comment if there is ambiguity in the analysis. Or you didn't understand anything. I will be happy to respond. Good luck everyone
H4 analysis:
Analysis/Bias remains the same as yesterday's weekly analysis dated 14 April 2024
-> Swing: Bullish.
-> Internal: Bullish.
Gold continues it's relentless bullish run and continues to print all time highs.
Price on all HTF's requires a pullback. Bearish CHoCH which is denoted with blue dotted line would indicate pullback initiation but not...
Gold technical analysis
Daily resistance 2400-2450, support below 2342
Four-hour resistance 2400-2420, support below 2383
Gold operation advice: Yesterday, the technical aspect of gold ushered in a strong bottoming out by bulls after repeated consolidation around the 2347 mark and rebounded to a new high. The overall price formed a strong counter-package by bulls...
Hello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
🟢What is The Next Opportunity on GOLD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze...
Gold has been very bullish for the last two days but it went bearish from the last hours of market closing now we have two plans to trade with gold one is the sell plan and the other is the buy plan which will executed as it touches support or resistance
