- 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.
looking for continuation to the upside. this could be a new bullish run for another all time highs.
Next move for Gold is at the bottom of 1800's. currently trading in a consolidated zone. expecting a breakout at $1840 and falling to 1829. in extreme cases, expecting my full TP's to be hit at 1821 and 1814.
Gold took support from 1830 today , the yellow metal is currently facing huge resistance at 1844 right below the 5DMA and 50DMA at 1847 and 1854 respectively. My idea for intraday is taking position at the resistance of 1845 and 1855 with target of support of 1830 and 1800. If you like this or if you think the opposite of this or if there is any other opinion,...
We see minor uptrend in gold price sysmmtrical triangle is formed and near cone. now if price break this triangle up side than we see good buy setup in gold. and price move toward's 1900 level and 107 resistance.
Seeing the breakdown on the chart, Gold, being a commodity/metal, is expected to get to $1960 before it goes for the bearish run. Gold was little changed at $1851. Expected TP @ $1675 DISCLAIMERS This is an idea/speculation of Gold's movement, not an investment or financial advice. Trade with caution. CURRENCYCOM:GOLD Martin I. Sylvester Financial Market Analyst
There are two story for GOLD.FIRST: There were ABCDE to complete wave 4 and previous impulse wave was wave 1 of big 5. SECOND: Previous impulse wave was wave B of 4 and the price wants complete wave C and it can get back to previous bottom. I think at first the price try to breakup the small channel if it break, it can goes to previous top, if it get back on the...
4h; bearish trend bellow the ema's waiting for the price to break the structure and the s/r zone for a breakout entry. 1h; ill be waiting for a momentum candle and the price has to break 14/5ema and stay below the 200ema tp; first s/r for a quick trade second s/r for a swing one and high rrr SL; above previous LH sentimentally ; 62% of retail traders...