KOG Report – NFP This is our view for NFP today, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile and can cause aggressive swings in price. We’re...
Gold tested the support level of uptrend value zone and made a higher low 1754. Now gold is going to test the reistance at 1786. As expected gold is consolidating and we will have a breakout after NFP. We can go for a sell order when gold tests the level above 1780 and buy near 1760. All together momentum is not strong but is bullish. The China war can change the...
GOLD(D) has just bounced from the weekly support, tested as resistance, and dropped as a daily pin bar. As the long-term trend is down, there is a probability for gold to drop to the neck line of daily inverted head & shoulder that has formed on the reversal to the upside. A selling opportunity on the restest of the neckline of the daily pin bar! If you enjoy...
Hello Everyone! Gold XAUUSD Chart analysis posted on Sunday 31 July 2022. Chart Re-posted again on Monday 01 August 2022 due to some violation. There are no changes made in the chart analysis. As per my analysis, I've marked the critical levels with details. Based on your confluence, you can look for entry. → I don't sell, Nor do I provide signals. → I don't...
Gold prices reacted positively to the Federal Reserve's decision not to raise interest rates by a full percentage point in July. First and foremost, the reduction in expectations of future rate hikes due to concerns about a recession in early 2023 drove gold above $1,740 per troy ounce. The expectations of lower rates in 2023 also weakened the US dollar, as...
"Let us be honest, no institute in the world ever liked or started liking retail traders." This idea is in continuation of my previous idea about Gold (see related ideas). In the last idea I told you guys that we have to wait for the 1680 price level to break if we want to go short for a longer run. But it recently bounced exactly off 1680. Now the thing is,...
Hey Everyone, What can we say, to close off the week....WE SMASHED IT !!! Started the week patiently picking out entries and leaving layers in, keeping in mind the full swing range every day. We collected targets in sequence and finished of with our final target for this week 1736 - BOOOOM!!!! EMA5 cross and lock confirmed the move level to level for us...
- As we can see, GOLD is still going down since the last few days. The reason was that the US10Y was constantly strengthened by MARKET UPDATES. But as soon as there is an opportunity in the future, GOLD can be BUY as per the MARKET STRUCTURE. But yet there is no reason or incident to make GOLD MARKETS FUNDAMENTALLY UP yet. - By now, GOLD must go to 1675...
Gold is seeking to establish support at the psychological $1,700/oz level, the lowest price since August 2021. It is the fifth consecutive week that bullion has been in the negative, with prices now 17% down from their February highs. The latest slump in the yellow metal was exacerbated by market repricing on Federal Reserve interest rate rises, as the U.S....
FOMC in a few hours and setting up my position. Possible XAUUSD reversal to get back to 1800 level. Setting my initial profit call at 1800 but it's possible to see XAUUSD to get back to 1860 again, hopefully before the week closes **Iv been away for a while, but finally making my comeback, thanks for all those DM's to encourage me to get back. Again, let's see...
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.
Hey Everyone, Just another quick post to add to our weekly analysis showing a zoomed out 4H chart setup. The Goldturn channel we have drawn is being respected well. Price is currently testing the support zone of the channel with the next target at 1861 inline with the half-line of the channel. We have also identified a longer range axis target at 1920 to keep...
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.
After daily double Doji and GAP opening, GOLD is primarily creating bearish price action and there is a possibility to drop to the daily support level soon!!
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.
Hey Everyone, This DAILY CHART setup we have been following for a while now. I wanted to share the update on this again to show this is playing out perfectly and in sequence. BULLISH TARGETS 1881, 1899 RETRACEMENT TARGETS 1844, 1858 1804 IS THE STRUCTURE SUPPORT. This level is maintaining the overall BULLISH structure As always we will keep this chart...
Analysis based on Support and resistance, Trendline.