Price breaks below key support possibility to push even lower.
Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL 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, write in the comments....
Gold fluctuated within a narrow range on Thursday and is currently trading around $2,170. Gold prices rose 0.75% on Wednesday to close at $2,174, boosted by a weaker U.S. dollar as investors still held out hope for a rate cut by the Federal Reserve in June despite scorching U.S. inflation data, while escalating geopolitical tensions maintained safe-haven demand...
The final value of U.S. retail sales data in February was 0.6%, lower than the expected 0.8%, but higher than the previous value of -0.8%. The final value of PPI in February was 1.6%, exceeding the expected 1.11%, and the previous value was 1%. PPI rose 0.6% month-on-month, twice the expected value, and the previous value was 0.3%. The rise in energy prices is...
There will be no special news next Monday, and gold will fluctuate and consolidate. In the Asian and European markets, I think the possible operating range for gold is between 2150-2165. If there are new breakthroughs, I will update with new trends. Operation strategy: buy 2148-2153 sell 2163-2165 Set a smaller stop loss range. I will update my analysis or...
good evening gold gang! lol ego post .. hopefully annoy a few people Its right though .. how spot on was the analysis and execution today .. gold gang knows! so we are respecting the bearish trend as per yesterday following a break of 4h support and respecting trend. from here price should move down but there is nowhere i can get in at present. Price...
Hello Traders, welcome to today's analysis of Gold. -------- Explanation of my video analysis: In 2019 we saw a major breakout on Gold which was followed by a +50% rally towards the upside. Then Gold has been consolidating for roughly three years and just four months ago broke out of the flag formation. I am now waiting for a retest of the breakout area which...
On Monday (March 18), spot gold bottomed out and rebounded, with the price rising at $2,147. According to the latest analysis, gold is supported at $2,145.35. The price of gold is now $2,155. Based on current gold trends, gold prices will continue to rise. It is predicted that the price of gold will rise to around $2,160 and then fall. Always pay attention to...
Hey Everyone, Great start to the week with our chart idea playing out in true level to level fashion. We started with the play into the highlighted retracement range with no cross and lock below confirming the bounce, as highlighted by our arrow onto the 2155 Goldturn for the perfect reaction and now heading towards our Bullish target at 2166 A cross and lock...
Dear friends, I reminded you last week that after multiple retracements, gold fell short of expectations during its rebound and was never able to break through the 2180 position. So once the bull momentum of gold fails, the short momentum may counterattack at any time,promoting a deep correction in gold. At present, gold continues to fall. At present, gold has...
H4 Analysis: -> Swing: Bullish. -> Internal: Bearish. Price had printed a swing BOS and subsequently a bullish iBOS. Swing range confirmed. Price has now printed a bearish iBOS to confirm swing pullback has initiated and is underway. Scenario 2 played out from previous analysis whereby it was mentioned price could target internal low as all HTF's are...
Gold market analysis Now the short form of gold is obviously a step back after the rally This wave of space will be large, on Friday we in 2170 and 2164 two layout empty single harvest, the morning price broke the 2150 support, this position once again determined the short-term downward trend! This week, look at the high fall, the second half of the week will...
Here on gold price has been in uptrend and has made a rebound on 2160.00 and try to push down look at Elliot wave on daily timeframe it also predict down that means that going for SHORT needed and targeting profits should be around 2060.00 and 1990.00 .
After repeated shocks, the price of gold began to show a weak situation. The key support level of 2150 has been tested for the third time, while the high points above are constantly pressing downwards. The triangle shock situation is nearing the end! I believe it is not difficult to fall below 2150 within the day, so I think it can be sold directly now! The target...
The price of gold has fallen below the trend line and stabilized, and its trend has entered the stage of adjustment. However, it is unknown where the adjustment will be, but what is certain is that the rising momentum has temporarily come to an end, and the next operation will turn to high selling. The main idea is that when the gold price rebounds to around 2170,...
Spot gold fell below $2,150 per ounce for the first time since March 7, down 0.28% on the day. Now the price of gold is under pressure from above around $2,147, showing a downward trend. What needs to be noted is whether the price of gold can fall below the $2,140 line. If it receives strong support below at $2,140, the price of gold will rebound. If it falls...
I'm looking at OANDA:XAUUSD closes over. 2153.45 to pop to 2158 It may have strong enough volume for London Session but if not NewYork will take care of it and seal the deal. If this downtrend continues we will look a OANDA:XAUUSD (Gold) closing under 2144.12 and heading further down, most likely to 2139.38 Keeping it real simple... Plus it's Sunday ;)
we made almost 670 pips from our area on gold by 2-3 positions a day on NEWYORK session last week with just one SL . gold make an downtrend in this week now we have some plan to trade gold this week. we trade on newyork session by our new area and i wish more profit from last week. "Using the data we get from the gold weekly chart and my special calculation...