Hello everyone, GOLD 4H NEW FORECAST The price of gold is trading negatively, breaking the 2365 level and heading towards achieving further expected declines for the rest of the day, targeting a test of the 2325 level during the coming sessions. Therefore, the bearish tendency will be likely in the immediate term, noting that the expected decline is...
Hello everyone, GOLD 4H NEW FORECAST The gold price faced temporary negative pressure yesterday to test the moving average 50, which constitutes important support at 2365 , and we notice that the price begins to rise at the beginning of the day, stimulated by the positivity of the Stochastic indicator, awaiting the resumption of the main upward trend, whose next...
Easy to anliitic. As gold has lauch triagular pattern.
Hello everyone, GOLD 4H NEW FORECAST The price of gold resumed its positive trading yesterday, reaching our first awaited target at 2393 , waiting for this level to be crossed to open the way for a rush towards our next main target, which reaches the 2510 areas. Moving average 50 continues to support the suggested bullish wave A break of 2325 will stop the...
Formed Cup and Handle on monthly time frame, suggest a upward move toward 3500$. Trade with proper stop loss and patience
Hello everyone, GOLD 4H NEW FORECAST Expected scenarios and trading ranges The first scenario: The upward trend continues towards a target of 2300 . The second scenario: breaking the support level at 2260 and declining towards 2201. Third scenario: Trading continues within the range of 2270- 2300. The price of gold is trading with additional positivity to...
Let's Find retestment area gold ON. M5 M15 looking now
1. Price Levels: - Current Gold Price: 2040 - Expected New Higher High: 2180-2193 - Resistance Levels: 2124-2115 - Stop Loss (SL): 2011 2. Bullish Sentiment: - Gold is described as "very strong bullish," indicating a positive outlook on its price movement. 3. Technical Analysis: - Demand Zone: 2180-2193 is identified as a demand zone,...
#Gold STRONG BUY 100% Buy with a Strongest short term outlook on maintaining the current direction. Long term indicators fully support a continuation of the trend. The market is approaching overbought territory. Be watchful of a trend reversal. The dollar index (DXY00) on Friday fell by -0.16%. The dollar on Friday gave up an early advance and posted moderate...
Hello everyone, GOLD 4H NEW FORECAST The 50 moving average continues to support the proposed bullish wave, taking into account that failure to surpass the current resistance around 2052 will put pressure on the price to decline toward the pivotal support level of 2007 before any new positive attempt.
The gold price is showing quiet negative trading, gradually moving away from the 1963 level, reinforcing expectations of the continuation of the downward trend during the coming sessions, with its next target at 1943, stimulated by the negativity of the Stochastic indicator, which is clearly visible now, with a reminder that the continuation of the downward wave...
XAUUSD D1 As previously highlighted in our analysis posts, with the recent weakening of the US dollar, we anticipate upward momentum for ***USD. While a brief dollar relief rally is plausible, all signs currently point to an upward trajectory for XAUUSD. Our analysis combines both technical and fundamental/risk assessments. We are on the lookout for an...
The price of gold has been fluctuating sideways in the past sessions, stable around the moving average of 50, noting that the stochastic indicator is losing its positive momentum noticeably, waiting to stimulate the price to resume the expected negative trading in the immediate term, which aims to test the 1964 level initially. Therefore, the downward trend...
You can see very clearly why gold will break into its mew price territory. I used my own method of triangulation that has proven to be fairly accurate up to most of the time. I think that gold will become very expensive and soon become 5000 dollars but not before it bounces off of 3000 first then back up to test ath. 5000 next move take pay. Wave 2 8500 expected...
Hello traders, The price of gold fluctuates near the support of the ascending channel. It receives continuous positive support from the moving average of 50, which supports the chances of continuing the rise within this channel and heading towards achieving our positive goals that started in 1996 and extended to 2010. In general, we will continue to favor the...
Hello traders, The recent gold price trades are confined within a descending secondary channel, which we believe constitutes a bullish continuation flag pattern, as shown in the chart,The price of gold continues to fluctuate around the 1963 level, and faces some negative pressure to move below it now, which requires attention in the upcoming trading, as...
Hello traders,The price of gold continues to fluctuate around the 1963 level, and faces some negative pressure to move below it now, which requires attention in the upcoming trading, as consolidation below this level will stop the positive scenario and place the price under negative pressure, mainly targeting the 1951 areas. We point out that the price needs...
The gold price is showing positive trading and is trying to confirm crossing the 1977 level, reinforcing expectations of a continuation of the upward trend during the coming sessions, paving the way for heading towards our main awaited target at 1991 Therefore, the bullish trend scenario will remain valid and effective for today, supported by the positive...