Hello traders, I'm expecting such a move from GOLD on daily time frames, and current target is 1960 enjoy trading <3
simple idea, if a little ugly. the market is ugly too. when everything else is dangerous, gold starts to look good. this could be a relatively low-risk trade here, even with some low leverage. NFA. How do you like to get exposure to gold?
Gold is currently approaching its next Fibonacci resistance level of $2096. Once this level is convincingly broken, the next resistance levels will be $2272 and $2463. According to my Elliott wave analysis, gold has started its third impulsive wave, which is part of a higher degree third impulsive wave. These impulsive waves are typically the most explosive and...
Welcome . According to my analysis of the gold market. There is a high potential for an upside. With a bullish flag break. It also broke a very strong resistance at the 2000 level, with a very positive green candle. Humiliation of the amount of buyers. We are waiting to see the level of 2080 in the coming days .Note: If you like this analysis, please give...
Gold is showing some MACD Bearish Divergence at the PCZ of a Bearish Butterfly while at the same time the RSI seems to be thrusting it's way upwards, but the thrusts we get up in price are shortening as we trade into the Pattern Completion Zone of this Bearish Butterfly. If things go as expected, we will see Gold reverse big from here and likely undo the entire uptrend.
Well, you can see the important supply and demand zones on the gold chart. Also, we define two zones as an optimal sell zone: 1- 1964.61- 1970.1 2- 1985.53- 2003.1 In that case, we can define targets as follows: 1945 1934 1914 1907 1902 💥Important note: it's not investment advice, so do your own research.💥 💡Wait for the update! 🗓️27/03/2023 🔎 DYOR 💌It is...
Gold has reached the TP line near 1986 today, and long positions around 1975 have gained a complete victory! Currently, the candlestick is oscillating near 1978, with a small support at 1974 below, followed by 1963. A simple breakthrough provides an opportunity for us to go long, but if the body falls below, the nature changes and the support becomes...
Price nicely approaching the 70% Fib level on the one hour which happens to confluence with the 1min bullish orderblock
GOLD has hit its weekly resistance and led to a reversal, now it needs to retrace to the previous Fibonacci level and then make a second strike to break the weekly resistance.
The pace of the pullback in gold prices has intensified following the announcement that First Citizens Bank has acquired Silicon Valley Bank (SVB). The rise in US Treasury yields and reduced demand from India are adding further downward pressure on the price of gold. Despite the current uptrend, a double TOP formation is posing a threat with the neckline at a key...
This game isn't easy... failure is part of the progress. Don't ever stop and most importantly seek knowledge!
A double-top pattern is a technical chart pattern that occurs when a stock or asset reaches a high price twice and then reverses its trend. This pattern is formed when the price of an asset rises to a certain level, falls back, and then rallies back to the same level before falling back again. This creates two peaks on the chart that are approximately the same...
The price of gold is experiencing a steady pullback in the wake of First Citizens Bank's takeover of SVB. However, Minneapolis Fed President Neel Kashkari's comments about a possible recession caused by a banking crisis have tempered the relief felt by investors. While the price of gold is correcting, it is still too minor to be considered a reversal. As of the...
it predicted that the federal is not going to reduce the interest this year and they predicted that they will increase it one more time but for the short time, I see it will touch 1940 and back to touch 1975 and keep going to 1900 by the way, it's just this analysis, not a signal to buy or sell, it's just a technique of analyzing it might be wrong and it might right
Based on the information provided, the gold price has been rallying due to fears of a global banking crisis, fueled by the Credit Suisse scandal. Although the situation has calmed down for now, the trust in banks has been severely damaged. There are two possible scenarios for gold price moving forward, with the bullish scenario represented by the blue line and...
Gold dropped from around $2009 to the vicinity of $1935 in 2020, rebounded to around 1969, but failed to break through the level of 1988 and fell again. Therefore, from a technical perspective, 1988 can be considered as a resistance level, while 1969 can be seen as a support level. After rebounding to around 1986, gold fell back under pressure, found support...
This is analyse of the day XAUUSD TP : 191 pips - SL : 96 pips OANDA:XAUUSD