price just broke out of a major zone after making a double top. on the 15 2 bar rejection was made. im expecting price to retrace the double top before making any move down.
Hey Everyone, After completing all our multi timeframe analysis on the 1H, 4H and daily chart our final monthly chart target was the last one standing. Last week we stated that after hitting 2235 target we were looking for our long term target at 2296 for the extended range target. - This was hit perfectly completing this chart idea!!! We now have a detachment...
Whenever gold prices are trending higher, it hints at trouble ahead. Historically, silver always catches up later. During past crises, when this happens, this “silver shift” is very fast and furious. Its magnitude for silver is much greater than that of gold. Video discussion: 1. One key reason why silver is lagging behind for the time being 2. Why Gold and...
Dear friends, gold has pulled back to the 2288-2286 area as expected. First of all, congratulations to everyone. Our short position finally touched our target position, TP: 2288. At present, gold is under pressure to adjust downward after hitting the highest position of 2305. So where will gold fall? To be honest, gold is currently setting new highs every day,...
In my post from yesterday, I pondered whether the bulls still possessed the strength to drive the price to the psychological level of 2300, and indeed, they did. Following a brief intraday dip, precisely to the 2267 support level mentioned in yesterday's analysis, buyers swiftly regained control and, as anticipated, propelled the price to 2300. However, at this...
Price is heading towards previous daily swing low. price seem to have just retested the vwap and made a rejection candle with heavy volume. recent p.a shows a rejection of 2.09850 which also lines up with the supertrend as a resistance.
Now the market is not only hyping the expectation of the Federal Reserve to cut interest rates, but also hyping the risk-averse impact of the escalating geopolitical situation. There is also a crazy influx of bull buying. Anyway, it is various factors that drive the rise of gold. The ADP data released by the United States on Wednesday was negative for gold and...
I recommend you to take buy as you can see we have a good classic price action also the market back to test a key level so the market still looking for continue pushing up
GOLD - Classic bearish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Sell GOLD Entry - 2292.7 Stop - 2315.9 Take - 2242.2 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
XAU /USDT is Going to get a good setup for LONG POSITION you can get this position with 0.1 LOT Good Luck & dont forget to set SL & TP
We are currently in a 5th Wave of a GOLD cycle on the weekly timeframe. This 5th wave is what we see currently developing as a potential ENDING DIAGONAL If we are able to see a strong reversal pattern from where price currently is, that may be the beginning of the 4th wave of the ENDING DIAGONAL
Many of you asked me to share the updated analysis for Gold. Analyzing a 4H time frame, we can see some signs of a slowing bullish momentum: after a strong bullish impulse that the price formed last week, we see a contracting price action within a rising wedge pattern. The price managed to reach 2300 - an important psychological level. After its test, the...
We have previously predicted that gold will definitely reach 2300 points this week. We have been long all the way, long at 2249, long at 2250, long at 2256, long at 2272. All K-lines have taken profits at 2300 points, and they have accurately reached 2300 points. , is there any other person on this platform who is as accurate as this? The golden four-hour...
Here is our detailed technical review for GOLD. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 2284.284. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 2224.888...
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 A few moments ago price traded in support area, which coincided with $2030 level and soon broke it. After this, Gold made retest and then continued to move up in rising channel, where in a short time price reached $2185 level. But then, XAU bounced from this...
Embark on a Golden Odyssey! 💫💎✨ 🔥 Attention, savvy traders! Prepare to plunge into the radiant realm of GOLD! 💫 With XAUUSD taking center stage, let's navigate the twists and turns of this captivating market. 💰📈 🌐 As the golden bull charges ahead, shattering records like never before, it's crucial to remain alert amidst the whirlwind of opportunities. 📊💥 But...
H4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Gold continues it's bullish run following the Fed's dovish outlook on interest rates. Price has printed further highs since yesterday's highs (03-04/2024) where we continue to trade within a fractal high and internal low. Further new high has meant location of ChoCH has been brought closer to current...
Gold (XAUUSD) has technically started its new Bull Cycle after breaking above the Resistance and previous All Time High (ATH) into green overbought territory. Being overbought in such instances isn't necessarily bearish but suggests that even though the long-term trend is now heavily bullish (and should be for the next year or so), we should look for key...