This comprehensive Elliott Wave analysis delves into the intricacies of gold's recent movements, pinpointing a critical juncture for traders. Examining the chart from December onwards reveals a compelling narrative: gold appears poised to conclude its correction wave 2, heralding the imminent onset of an impulse wave. Targeting the 2100-2106 zone, this analysis...
HELLO TRADERS GOLD had done a beautiful move as we analysis in our previous GOLD IDEA.... it attached in comments friends I can see the Gold is now tested a very strong resistance zone which is horizontal level it's a 3 test and can be a weaker supply zone now, but we take low risk and looking for higher rewards trades this can be a sniper entry because of NFP...
Last night, with the support of initial jobless claims, the price of gold took advantage of the trend and broke through the triangle shock range and the previous high pressure level of 2041. The price of gold has found a new space for the bulls! The day-to-day operation idea is very simple, just go back to the key support level of 2041 and buy near it! Yesterday,...
HELLO TRADERS As we can see GOLD has tested 1985 zone and now again trading above 2022 zone today FOMC meeting Show FED is not in hurry to cut the rate they are Staying on the same rates which will not the Dollar more so investors always choose safe haven in these type of conditions geopolitical issues we aim for retest 2088 a strong resistance lets see what...
Hey Everyone, ]This is our 4H chart idea from Sunday also played out perfectly smashing all our Bullish targets with our final bullish target at 2080 now complete!!!!! BULLISH TARGET 2042 - DONE EMA5 CROSS AND LOCK ABOVE 2033 WILL OPEN THE FOLLOWING BULLISH TARGET 2042 - DONE 2052 - DONE EMA5 CROSS AND LOCK ABOVE 2052 WILL OPEN THE FOLLOWING BULLISH...
Making use of a much wider stop loss due to the accelerated volatility I posted a few minds this morning this exact idea (that gold would buy> 1. (www.tradingview.com) 2. (www.tradingview.com) 3. (www.tradingview.com) Before someone says that I took the trade without explanation > here is your before and after ;) It is better to have a wider stop and still be...
The Leap has started! Yeah! We have got 30 days to win $10 000, risk free. This is a special paper trading competition and the top 5 people with the highest profits after a month will win cash prizes of $10,000, $5,000, $3,000, $2,000 and $1,000. Plus, anyone with their account in profit gets a month of TradingView. Epic. 61 858 Traders are registered for...
Gold hit a one-month high of 2050 on Thursday and closed near 2044. U.S. inflation data was in line with expectations and the number of Americans filing for unemployment benefits increased slightly, providing upward momentum for international gold. Traders' attention turned to further comments from Federal Reserve officials for clues about a rate cut. The...
Gold prices resumed it's upward momentum on Friday, closing the week with gains amid a decrease in US Treasury bond yields. The 10-year benchmark note saw a decline of three and a half basis points, settling at 4.248%. Despite recent comments from Federal Reserve officials suggesting a somewhat hawkish stance, investors responded positively by reducing...
📈 Trade Update: Gold Analysis 📊 Our latest analysis on /usd#xau has proven profitable, securing over +500 pips since February 18. 🌟 Excitingly, another opportunity has presented itself for potential gains. 🔍 Analysis: Buy Zone: $2044 - $2040 TP1: $2065 TP2: $2082 TP3: $2099 SL: $2013 Stay tuned for real-time updates and let's navigate the...
H4 Analysis: Expectation remains the same as per analysis yesterday (29/02/2024) -> Swing: Bullish. -> Internal: Bearish. -> Sub-Internal: Bullish. -> Has reached EQ. I have marked sub-internal in red due to the significant range of the internal structure. Price has printed a bullish sub-internal iiBOS. which indicates that we are still in the pullback...
Dear Traders, Hope you are doing great, our last trading idea on Gold turned out to be successful, now there is huge potential of selling Gold for quick 300-400 pips move. There are two area where we can sell big, the first one is currently, and second zone is rejection at 2060-67 area. Stop loss can be placed around 2057 for first entry and for the second...
As per the previously shared idea gold exactly hit 2050 , Is it right time to short.? As per the Fibs and descending trendline gold looks like on the resistance now but any news can spark it to 2065 too. Resistance level : 2050 ,2057, 2065 ,2088 Support level : 2041 , 2033 ,2026, 2015 Disclaimer : Plan your trade accordingly before risking your account...
Yesterday, our signal won again. We bought from the price of 2026 and rose to 2038. The profit reached more than 100%. Friends who followed the transaction all made huge profits. From a technical point of view, the price of gold has reached a critical period. The highs are constantly lowering, the lows are also lowering, and it has recently formed a wedge shape!...
we made 140 pips from our area and wmp strategy fallow us for more details and have profitable trade
Hey Everyone, Piptastic finish to the month with our Bullish targets complete!!! As stated yesterday, market is ranging and leaving gaps both ways but we remain Bullish and will continue to buy dips. - This played out perfectly with ema5 cross and lock above 2036 opening 2044 and 2048 - Both these targets were hit to completing this range. We will now look...
Hello Traders, here is the full analysis. The completed correction, recovery and formation, continuation of growth. GOOD LUCK! Great BUY opportunity GOLD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it,...
H1 trendline is channelling uptrend and zone supply and demand is to use for entry scalping. SL 30 pips above/below supply and demand area. Depends on the price action in the zone area.