⭕️By examining the trend in the one-hour time frame, silver has an important key resistance in the range of 65.20-65.07.❌ 🎯In general, this scenario is strengthened that the shortfall, provided that the mentioned resistance is maintained, will decrease to the support of the intermediate level in the range of 127.2% Fibo at $64.51, in the meantime, the support of...
Hey Everyone, We hit the ground running with our first open target at 2027 HIT. Ema5 then failed to cross and lock above the 2027 weighted level confirming the rejection into the retracement range, also hitting both bearish targets at 2020 and 2016. EMA5 crossed and locked below 2020 opening the swing range. We got the push down into the swing range but didn't...
Markets have been EXTREMELY, EXTREMELY SLOW the past few months. Especially Gold which has been stuck in a consolidation. We have CPI data tomorrow, so hoping it provides some sort of real momentum & breakout🤙🏽
Good evening gold gang!! its that time again where we prepare to dismantle the gold chart once again Price is overall messy .. very messy ... its playing around the daily level of 2016.23 with mutliple tests .. in my opinion we can break this and shift bearish for the bias. we would need a 4h closure below it to confirm. Buys are difficult in the range other...
As you can see, USDJPY on the 15-minute chart grabbed the liquidity below the previous day's low and broke the high. Now we can expect the price to hit the demand zone first and continue upward movie. As the target we can define the all the low resistance highs. 💡Wait for the update! 🗓️12/02/2024 🔎 DYOR 💌It is my honor to share your comments with me💌
In daily timeframe, if Gold loses the lower side of the triangle, it will fall to the bottom of the channel, that is around $1930 .
Price action analysis for Gold. Candlestick analysis, key levels. Potential scenarios. Trading recommendations. ❤️Please, support this video with like and comment!❤️
Hey Traders, Check this analysis out on XAUUSD. The pair had been ranging for quite some time. Provided that the price breaks and remains below the support, I will look for a nice short trade. Keep a close tab on this one.
After a week of a downtrend, gold now is on the verge of breaking another support near the 2020 price area, there is a lot of opportunity for the short traders to make a massive profit from the bearish trend. However, these are one of the following criteria that short traders need to wait for before making a decision : 1. Gold needs to break below the 2020 price...
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Some days ago price declined to $1973 points, thereby breaking $2010 level, which coincided with support area. But soon, Gold turned around and made strong upward impulse to $2087 points, breaking $2010 and $2065 levels. Also, price entered to wedge, where later...
Here is our detailed technical review for GOLD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 2020.653. Considering the today's price action, probabilities will be high to see a movement to 2027.831. P.S The term oversold refers to a condition where an...
GOLD is preparing to continue falling amid the current environment. The dollar is strengthening as the interest rate cut is postponed, which will allow the index to strengthen, which is a negative lever for gold. The metal is under selling pressure and the 2015-2020 area may not hold and break down. Reasons for a possible decline: 1) Strong dollar is bad for...
H4 Analysis: -> Swing: Bullish. -> Internal Bearish. -> Has reached EQ. Price printed double bullish iBOS to confirm swing pullback phase is complete. Currently internal structure remains bearish. I have now started to map all CHoCh's to gain a micro-view of structure due to the nature of price action and the size of ranges. Expectation remains as H4...
Discover an enticing Selling opportunity in GOLD as it undergoes a critical retest of a key resistance area. With market analysis, technical indicators, and price action as your allies, evaluate the potential downside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics.
When inflation numbers are down tomorrow, it can positively impact the price of gold for several reasons: Real Interest Rates: Gold is a non-interest-bearing asset, and its appeal often increases when real interest rates (nominal interest rates minus inflation) are low or negative. When inflation is low, it may lead to lower nominal interest rates, making the...
💹 Forex Quick Check: #GBPNZD 📉 Trend: BEARISH 🚀 Action: SHORT @ 2.06422 🎯 TP: 2.04046 🔍 Insights: Hey traders. Welcome to Anna Trade Charts. Here we had another analysis for #GBPNZD. #GBPNZD will go down in upcoming days. The reason behind this is that it retest the major resistance zone and hen form a bearish trend same as previous history. We will go for...
Last week my bias was bearish and for now I think to continue south. I still believe that gold will fall further. This week we may see bullish reversal, but it will be not today.