Gold Technical Analysis:
4-hour Timeframe:
The first range for a reversal and market turnaround in the 4-hour timeframe is almost the upper limit of the uptrend channel:
2244 - 2252
With targets:
2225 - 2212 - 2180
The above scenario is based on positive gap or market start with a positive trend and reaching numbers until tomorrow's close.
Sell signals and...
THE KOG REPORT:
In last week’s KOG Report, we said we would be sticking with the plan and gave the extreme level of 2193-5 which is where we expected there to be a RIP, and if held we would be looking to short the market back down into the 2150-55 levels and below that 2147. It was at these levels that we said we would be expecting another RIP with extension...
I've been hitting the following key on the computer for a while now; "Is the world better?"
Has Quantitative Easing (QE) provided globally by central banks around the world finally dried up?
If the answers are yes to all of them, just answer this naive question that I will ask next; Why is gold surpassing its all-time highs? I just need this answer,...
Weekly= Bullish.
Daily= Bullish.
4H= Bullish.
Caution: WHEN MONTHLY MOVES THIS AMOUNT IN PAST. PRICE SLOWS DOWN AND REVERSE.
Nonetheless we are bullish and will continue to follow the trend. As long as 4h maintain structure. Currently in no man land at all time high waiting for a pullback. Don't marry your trade. Remember price goes BOTH ways and we could start...
Hey Everyone,
Please see our updated 1h chart levels and targets for the coming week.
We are seeing price challenge 2231 on market close on Friday. This is a level of resistance and will need ema5 to cross and lock above 2231 to open the range above.
We have a bullish body close price gap target at 2240 and support targets at 2225 and 2217. We will need to see...
Hey Everyone,
Please see our updated 4h chart levels and targets for the coming week.
We are seeing price play between two Goldturn levels, support at 2218 Goldturn and resistance at 2238 Goldturn.
We have a bullish gap open now at 2238 and we are seeing ema5 challenge 2218 and will need to see ema5 lock above 2218 to open the range above upto 2253 and a...
Hey Everyone,
Please see our daily chart idea that we have been tracking for a while now, which is playing out and respecting dynamics perfectly over the last few months.
Last week we highlighted that we are likely to witness either a break above the channel or some resistance and some correctional retracement for a level to level bounce back up to continue to...
Hey Everyone,
This is our monthly chart long term projection chart. We have been tracking this chart since July 2023, which we saw completed hitting all our targets perfectly with a perfect finish on the channel top.
We then tracked the rejection from the channel top into the monthly chart detachment highlighted by the circle with room still left at 1987 for a...
This week, Gold set a new All Time High again.
Executing a Fibonacci analysis, I found the next potential resistance.
Next week, pay attention to 2250 - 2255 area.
It is an important confluence zone and the market may at least retrace from that.
❤️Please, support my work with like, thank you!❤️
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the SILVER pair which is likely to be pushed down by the bears so we will sell!
❤️ Please, support our work with like & comment! ❤️
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
Some days ago price entered to falling channel, where started to decline between support level, which coincided with support area.
Later Gold one more time broke this level and fell to support line of channel, but at once turned around and made upward...
📊XAUUSD
Gold analysis in the medium term time frame based on Elliott wave analysis style The market is big at the end of wave 3, the target of this wave is $2285. The main support is 2170 dollars and it is an upward trend until we are above this number. Short and medium term support is $2211.
Hey Traders, in tomorrow's trading session we are monitoring XAUUSD for a selling opportunity around 2,240 zone, Gold is trading in an ascending channel and now pullbacks seem to be extending and approaching the channel resistance. We will be watching closely the price action at market open tomorrow, in case of a confirmation a decent target would be the channel...
Looking at the daily chart, after gold bottomed out at 2163, the price continued to rise. It broke through and rose sharply on Friday, with an increase of 50 US dollars on the day. The daily chart also closed with a real giant sun. This form also laid the foundation for the bull market in the first half of the year. , the market outlook continues to be optimistic...
World gold spot price is around 2,179 USD/ounce, up 7 USD/ounce compared to the transaction at the same time yesterday morning.
Yesterday, the financial market received more information about the US economy's mixed developments. Specifically, US CB consumer confidence decreased from 104.8 points in February to 104.7 points in March, much lower than the forecast...
The world gold spot price is around the threshold of nearly 2,191 USD/ounce, a sharp increase of 12 USD/ounce compared to the transaction at the same time yesterday morning.
Yesterday, the global financial market received further information that the European economy did not improve much. Specifically, Europe's consumer confidence in March, although as expected,...
It's great to see you all today!
Overall, the price of gold has impressively surged ahead of the Easter holiday season. Specifically, the price of gold has experienced a sharp increase from $2197 to $2233 and closed at this level, marking a significant gain of over $36 in just one day.
It can be observed that the price of gold is hovering at a high level, with...
