Gold is trading within a rising intraday parallel channel. Approaching its resistance, the price formed a double top pattern. It will most likely initiate a local correctional movement. Goals: 1832 / 1820 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Hey traders, Gold keeps growing. Analyzing the key levels on a weekly time frame, I spotted 1870 - 1920 area. It is a major supply zone from where we will expect the next pullback. Patiently wait for the test of that area and then wait for a confirmation to sell. I will post an update once I spot a confirmation. ❤️If you have any questions, please, ask 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.
#GOLD #XAUUSD 4H ENDING DIAGONAL OR RISING WEDGE According to the formed pattern, which is marked on the chart, we will probably see a drop in the price of gold to the range of $1,740.
GOLD January 2023 Volatility Analysis Currently the volatility for GOLD is at 4.46%, down from 4.48% last month. From the volatility current percentile we are located on 25th place, and based on this we can expect the monthly candle to make the next aprox movement: Bullish : 4.782% Bearish : 2.385% With this in mind we have currently 73.2% that the market is...
Gold, which has been in the ascending channel for weeks, has risen to the upper resistance of the channel again. A voluminous breakdown of this resistance will target the $1868 resistance. With the rejection of the resistance, if the $1820 support is broken, a return to the $1800 levels may come.
Hey traders, Analyzing a price action on a daily time frame, I see 2 potential scenarios for Gold for next week. Bearish Scenario From a sellers' perspective, the price formed a rising wedge pattern. Its support breakout (daily candle close below) will be a strong bearish signal. I will expect a bearish movement at least to 1788 then. Bullish Scenarios From...
GOLD Daily Timeframe, What happening now is the re-accumulation which usually signifies two things, The trend about to continue with a very strong bullish move or a deep retracement about to happen ,so for that scenario price is accumulating toward 1848 point of imbalance, which might try to hold the price and maybe cause a deep a pullback to around 1700 ,Or if...
Around 1813 (optimal trade entry) we can search for short setup. 💡Wait for update! 🗓️27/12/2022 🔎 DYOR 💌It is my honor to share your comments with me💌
Gold has formed 3 doji candles in a row on a key weekly structure resistance. After a multiple attempts to break the underlined area, the price is still stuck within. I believe that bears may push the market after holidays. Be prepared for a bearish wave. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like,...
Bullish up to $1900 then bearish. Long term analysis:
It has made a liquidity in trend line formed. So a down is expected to reach the blue box again as a great demand area. The major supply zone is highlighted in red.
The last update for Gold before Christmas! As I told you many times: the price is stuck on a key weekly structure. The price formed 2 doji candles on that, signifying the weakness of bulls. Analysing the price action on a daily, we may spot a sharp bullish impulse that initiated in November. However, closer the market was to the underlined resistance, slower...
SIMPLE IDEA FRO GOLD TODAY im looking for gold to comeback to my 4h support before making structure and posibly heading back to my daily resistance
gold is currently in a bearish rising wedge but has not reached its turn around point yet where I would be looking for long term sell so I will be buying gold from the 1 h break of structure back to the daily resistance stay turned
Gold Is Strong Bullish Trend We Find A Best Bullish Trend setup .. If market Reach Level 1810-1800 We Can Enter a Buy Position With Smart Stoploss And Our Take Profits is 1820 and 1850 =Alternative Scenario If market close Below 1800 level We Can Find A Short term Trade Our Target Is Our Target Is 1785 And 1770 Best of luck 🤞☺️
On sunday I drew this analysis expecting Gold to reach 1824 , to clear out some imbalances ,Price is now around 1813 230+ pips from my entry
🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️ 1 ✨Eagle eye: Super bullish 2 📆Monthly: the current trend is bear, but the market is in the corrective phase right now 3 📅Weekly: formed an inducement right now market in their sideways phase 4 🕛Daily: A clean bull trend with the proper formation and previous supports 😇7 Dimension analysis 🟢 analysis time frame:...