hi, i see 2 entry opportunities on current setup. 1 position is triggered and already running, then another sell limit for one more low if we see a small rebound. trade well, Alex
Where do you think Gold is heading to? There could be a possible breakout of the resistance trendline or market will pull back from the resistance and continue the downtrend
Gold is making new lows. Trend is Bearish. But we have strong support at 1800. So we can see some stop loss hunting at this level before Gold rebounds. But dont go for sell at these levels and wait for the right price to buy. I suggest to add BUY at every new low in this level. BUY 1792 SL 1782 TP 1832 BUY 1802 TP 1818 We have trend decider at 1818. The...
Almost the same pattern with the CABLE there will be massive sell but to the trend support.
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Falling Wedge in Long Time Frame as a Corrective Pattern Bullish Channel in Short Term and Rejection from the Lower Trend Line Elliot Waves - Completed Impulsive Waves " 1 2(xyz) 3(xyz) 4 5 " and Corrective Wave " A B C(wxyxz) " Selling Divergence in Short and Buying Divergence in Long Break of Structure
To analyze the chart of gold, it is better to start from the weekly time frame so that you can have a better view of the 🗺️Gold road map🗺️, so I suggest you pay attention to the chart below for a few seconds.👇 Now let's go to the Gold 8-hour time frame that I shared with you a few days ago; Gold ran through the zigzag(ABC) corrective structure as I...
Gold can come up to the specified range to collect liquidity and then the specified targets
Pair : XAUUSD ( Gold / U.S Dollar ) Falling Wedge acting as an Corrective Pattern in Short Term and Rejecting from the Lower Trend Line Break of Structure Completed " 123 " Impulsive Wave ( Bearish ) Divergence Rising Wedge as an Corrective Pattern in Long Term and Breakout and Retracement of Lower Trend Line Retesting the Previous S / R Level
After reaching the support level of 1830 and being rejected, GOLD formed a price channel. It appears that gold is poised to climb up and retest the resistance level of 1861.10, which happens to be the top line of the channel, a supply zone, and the location of the 50 4-hour moving average. Based on this, I anticipate that gold could move towards the targets of...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Falling Wedge as a Correction in Short Term and Rejecting from the Lower Trend Line Divergence S / R Level Exp FIAT Completed the " ABC " Corrective Waves after a Long Impulsive Wave Need to wait until it Breaks the Consolidation Phase with Retracement
Gold has entered into correction wave after a strong rally, which has ended in February, 2023. As per previous rally and correction trends, I have marked my price targets on the chart using wave tool. There is high possibility of another short rally from 1800 to 1900 and then again it will make new low below 1800 from 1900. Presently, I am expecting gold price...
Gold - Intraday - We look to Sell at 1881 (stop at 1896) Posted Mixed Daily results for the last 6 days. Intraday, and we are between bespoke support and resistance 1843-1882. A sequence of intraday lower lows and highs has been posted. We have a 78.6% Fibonacci pullback level of 1881 from 1890 to 1850. Preferred trade is to sell into rallies. Our profit...
Gold will have some weakness in the coming weeks, however it should find support around $1830/oz. I would imagine the price will hover around this area for another couple of months, until a final breakout towards the end of the year. The false breakdown we have just witnessed is incredibly bullish and therefore I am extremely long.
Nice little Gartley Harmonic formation from Elliott Wave 1 2 3 4 5. Pullback to Fib -0.618 and further that a Gartley C to the upside. Update if requested for a more technical outlook. Thank you.
GOLD💥4H-TIMEFRAME ANALYSIS 💗Hello ladies and gentlemen This is my new idea for 💥GOLD I hope my idea is clear Support me by like and share thank you Stay Safe💯💲💲💲 Good luck💰😍
Gold - Classic Elliott and Perfect Fibs as per previous post with Fib Resitance Fan with Confluence. Missing monthly, weekly, and daily support levels. I am sure they can be added for confluence.