FXOPEN:XAUUSD Resistance is at 2088, support at 2002, and bearish harmonic pattern targets have been identified on the chart. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Good luck
There is more than one way to skin a snake. Not only price can hurt you... Time can hurt you too! How about some up and down action for 3 to 5 years that goes no where? Like shacking the Jar and angering the ants so that they loose faith and confidence, so when the rally really actually starts they won't believe it! Maybe it got to easy to buy and hold for 2 to...
Hello,Friends! GOLD pair is in the downtrend because previous week’s candle is red, while the price is evidently rising on the 3H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 2039.203 because the pair is overbought due to its proximity to the upper BB band and a bearish correction...
Hello everyone This is an medium term and short term forecast for the gold. Kindly watch the video to understand my view. Short Term Neowave Chart- Video Analysis-
Hello everyone This is our continuation update on gold, you can check out our entire journey. kindly check the links and watch the videos. Thank You Check our journey with gold with below link
Hi folks today I'm prepared for you Gold analytics. Some time ago price rebounded from the trend line and in a short time declined firstly to the 2055 resistance level, which coincided with the resistance zone. Soon, the price broke this level and made a retest, after which continued to decline to the 2015 support level, which coincided with the support zone, but...
- triple top - death cross (3D MA) - bearish divergences - disparity index resistance
This is a Weekly post for several pairs showing HTF Markup only using Smart Money Concept (SMC) on Weekly, Daily and 4H Time Frames. Feedback will be highly appreciated. U.S. Dollar Index TVC:DXY Weekly: Daily: 4H: Gold Spot / U.S. Dollar OANDA:XAUUSD Weekly: Daily: 4H: British Pound / U.S. Dollar FX:GBPUSD Weekly: Daily: 4H:...
Hello traders, we want to check the XAUUSD chart. The price has broken the descending channel and is moving in an ascending channel. We expect the specified support level to maintain the upward trend of the price and the price will grow until around 2063. Good luck.
Gold: Two possible trades. Buy and sell! For gold I expect to have an upttrend and take the liquidity and then we can go short after seeing lower time frame opportunities so right now, after taking the liquidity and seeing stronger buyers in lower time frame, we can buy up to the TP1 and then we can continue to the level to have the short trade.
Hey Everyone, All targets HIT completing the chart idea for the week. 2061 was the last target of the range, which was hit yesterday. No candle body close above 2061 or ema5 lock confirming the rejection inline with the NFP release data. Price is now testing support and likely to find support in this zone. BULLISH TARGETS 2022 - DONE EMA5 CROSS AND LOCK...
Today we need to pay attention to the US non-farm payroll data, which will affect the market trend. Gold reached a maximum of 2065 yesterday, and now it has been hovering around 2055. This means that the market has not yet chosen a good direction. What we need now is not aggressive trading, but waiting patiently, waiting for the data to be released, and then...
FOREXCOM:XAUUSD is updating highs but continues to be inside a sideways movement limited by resistance at 2065 and support at 2020. The market is in the waiting phase for NFP. Quite an interesting situation this week. The asset is forming a retest of 2062 resistance on D1, but below is a strong support at 2050-2048, which hides a large pool of liquidity behind...
Looking at the chart of SILVER right now we are seeing some interesting price action on the lower timeframes. Thus a local move up seems to be quite likely. ❤️ Please, support our work with like & comment! ❤️
Considering that after the announcement of the news, there is a high probability of price movements to collect liquidity and Stop Hunts, it is better to consider the important supply and demand ranges for possible BUY and SELL positions! From the important Supply Zones , we can mention $2072 to $2078, and also from the important demand zones , keep an eye on $2032...
There is a Bullish Inverted Head and Shoulders with a Piercing Line on the potential Right Shoulder visible on the weekly timeframe above the 800-week EMA who's measured move would take it all the way up to the 1.272 Fibonacci Extension if the pattern plays out. The move up in SLV should be supported by the rising of the TLT and Falling of Yields (if that trend...
The US reported a gain of 353K jobs in January, nearly double the expectations of 180K. On top of upward revisions worth 126K. Wages rose by 0.6%, double the expectations, and YoY they are up 4.5%, smashing estimates of 4.1%. Excellent data meant a straightforward reaction, with minimal reversals and an ongoing extension. The US Dollar is up, Gold is down, and...
Hey Traders, in today's trading session we are monitoring XAUUSD for a selling opportunity around 2057 zone. Gold is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 2057 support and resistance area. Recent remarks by the Federal Reserve, particularly the denial of potential rate cuts in March by Fed Chair...