Hey Everyone, Please see our updated daily chart idea after successfully completing our last daily chart idea. We are currently seeing price test the updated Goldturn ascending channel top. We are likely to witness either a break above the channel or some resistance and some correctional retracement for a level to level bounce back up to continue to extend the...
Hey Everyone, This is an update on our weekly chart idea that we have been tracking and trading successfully over the last few months and currently still being respected. So far we were able to track the entre move up and down twice with level to level tracking and our long term swing range zones have also provided the bounces each time. LAST UPDATE Last week...
I will only say a single word: Gold. Yes, just gold. Do not forget; "Madness only comes to those who think the most" Gold is at its highest high in history. We know that the metal in question is considered a protective reserve for our fiat currencies. But what explains this sudden rise? Is this increase linked to the "wars" that are taking place around the...
Here is my latest structure analysis and important key levels to focus on next week on Gold. Resistance 1: 2416 - 2430 area Resistance 2: 2497 - 2509 area Support 1: 2354 - 2360 area Support 2: 2300 - 2333 area Support 3: 2265 - 2280 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
Even though gold dipped this week, it failed to fall below the watershed line of 2319. Bulls continued to rise close to $100 that week, which is also the norm for gold in recent weeks. The short-term one-hour trend has been wave after wave, hitting the 2400 mark many times during this period! At the same time, with the war in some areas, it is obvious that the...
Gold surged sharply this morning, breaking through the 2400 round number mark, breaking the shock balance of the past few days. The gold bulls returned strongly. The main reason is that they were affected by the war. Stimulated by this news, the gold bulls were very strong. And this sentiment will not be laughed off like the data, so I think the bulls will...
Gold has been in range, price have been trading at 2360 and 2396, however, we are still unsure of what next with Gold. Though fundamental and technical both sites showing that Gold may rebound to 2440 area however, recent volume and price behaviour says otherwise. Let's wait and see how price behave.
Hey Everyone, Great finish to he week completing our last target at 2408 after lock confirmation for the range. We started the week with 2355 bullish target hit followed with the ema5 lock above 2355 opening 2382 and 2408. We had the 2382 level hit early this week followed with lots of dips giving plenty of action to get in from every dip, knowing we still...
There is little hope of a rate cut this year. Williams, the Fed’s No. 3 figure, said an interest rate hike is still possible! This week, expectations for a rate cut have dropped to freezing point. What most voting committee members meant was this: If inflation doesn't fall, high interest rates will remain. If necessary, the possibility of raising interest...
The current trend of gold has seen some energy from bulls shrinking. Yesterday’s market did not refresh the previous day’s high. Instead, it tried to break through the 2400 mark many times under the pressure of the 2400 mark. Unfortunately, gold no longer has enough energy to hit the 2400 mark. , and also fell below the previous rising trend line support,...
After gold surged higher today to lure bulls, the gold rebound was not strong. Gold returned to the short position. Gold has reached a double top in 4 hours. The possible room for adjustment will increase. In the short term, it will continue to be bearish and the adjustment will fall. The US market rebounds around 2385 and can still continue to be short....
For gold, we continue to look at the 2145 line. Gold rebounded directly to around 2177, but this is not a reversal. We continue to be bearish. The golden hourly line was also suppressed by the moving average. The European market rebounded quickly, but it was still below the moving average and was suppressed. The macd energy column was also below the zero axis,...
Gold has been going up and down like this in the past two days. The probability of gold directly breaking through and rising sharply is not very high, and the high position continues to be short. Gold did not hit a new high in 4 hours. Gold still had a head-and-shoulders top structure in 4 hours. Gold rose to around 2197 yesterday as a risk aversion, which was...
Gold price rebounds to $2,380 in Thursday’s European session after posting losses on Wednesday. The precious metal holds gains amid fears that Middle East tensions could worsen and spread beyond Gaza if Israel responds brutally to Iran.
H4 Analysis: Bias/Analysis remains unchanged since yesterday's analysis dated 18 April 2024. -> Swing: Bullish. -> Internal: Bullish. Price remains contained within an internal range where we saw a reaction from H4 supply with price unable to close below strong internal low. Price reacted at H4 supply and subsequently reacted at H4 demand. Price is...
Gold closed last week with a modest 0.59% gain, after touching an all-time high of $2,431. Geopolitical tensions spurred demand for safe-haven assets, pushing gold to its new peak before a pullback due to a strengthening US Dollar. The release of US inflation data midweek introduced volatility in gold prices. Following the Consumer Price Index (CPI) report, the...
🏃♂️ Gold is moving near the 🟢 Support zone($2,373-$2,363) 🟢 and the Resistance line . 🔔I expect Gold to rise to at least $2,405 after breaking the 🔴Resistance zones🔴 . Gold Analyze ( XAUUSD ), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my...
Hey there on 1htF the Gold has moved early upside and we have to celebrate our target hitted successfully and also went earlier downside so we can see our next zone will again push upside