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Gold broke out of the large falling wedge and the yellow metal has now switched bullish. I expect Gold to rise to 1847. We will be looking for long around 1827 (demand zone). Please do support this idea with likes.
Observing the 1-hour chart of gold, MACD indicator has shown a clear divergence. The increase has reached as high as 40 US dollars from yesterday to today, so a short-term pullback is necessary. Therefore, short-term trading will be bearish dominant, supplemented by bullish, until the correction is completed. From a long-term perspective, it is expected...
If my this prediction on gold goes as described I would be certainly confident about my future trades. I back tested a lot on this particular . Not like other trade predictions, this one is going to be really crucial for me.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
On the daily timeframe, XAUUSD appears to be in a bearish trend. Gold prices have recently retraced to retest a previous support level that has now become a resistance level. This suggests that gold prices are likely to continue falling in the short term.
In this video analysis of Gold XAUUSD, we examine various technical aspects, including trend analysis, price action, market structure, and price gaps. We provide in-depth explanations of each aspect in the video, but please note that the information presented should not be considered as financial advice.
Peace be upon you, gold has reached strong support. There is a possibility of a rebound from this area. 1840 levels can be seen.
Whats up gold gang .. hope you have had a good trading day After the initial bias of sells was not to be .. (failure to close beneath the range) .. my bias switched to bullish. I forecasted buys in 2 places .. one was a risky/aggressive move with a smaller range and one was the ideal play. Both played out perfectly and hit my designated target to the tee....
Tuesday 29.02.2023 XAUUSD tests bearish trend channel S/R zone is also tested Volume profile only moderately positive new sell opportunity? Gold drifts lower as dollar rises. Inflation is rising, the labor market remains tight, and the Fed may raise rates. The XAU/USD slipped to its lowest level since 2023 and fell near $1,800 Surprisingly good inflation data...
The short-term downtrend pattern of gold has not changed for the time being and is currently in a exploratory stage. As long as the price can find a suitable resistance level, gold will continue to decline. Therefore, the following suggestions can be given today: take action when the market provides opportunities, and watch and wait when there are no...
the gold market is falling down to 1790 this week. but pls be careful. because, the gold before going down. it can go up for making a small correction. so that's what I believe. what about you guys ?? do you agree or not ??
The gold fell from zone after breaking out of range zone and level rejection.my goal is the support level at 1796.40
My bearish call on gold prices last month came just before the market peaked as the fundamental pressures I outlined then were too much for speculative demand to contend with. While the recent price drop has eased some of the metal's short-term overvaluation, its fair value has inched further down as US inflation-linked bond yields have resumed their rise. I...
Hello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe gold just recently had a quite harsh drop towards the downside without any short-covering rally towards the upside. We are also retesting a quite strong previous structure area so I am now just waiting for the market to start the weekly rejection away...