dear traders gold still in consolidation you don t have to trade during correction i have this zone price ranging up and down follow the ruls in chart and be careful from news good luck
Last week was a tough one for Gold bulls, with 3 failed attempts to stay above important 2k mile stone and, finaly, a close well under this figure. Although the medium term up trend remains intact so far, on short term, we can assist to a deeper correction. A level to watch for this correction is the next obious support zone between 1940 and 1945. In conclusion,...
If broken-downward then 1888 is the TP for 101% surety.
Big sell-off from gold due to that non-farm payroll data .... but again any pull back and re-test on the breakout area, is another opportunity to look for shorts. Good luck and happy trading guys.
Hi Trader's ,, Let's Explain This Analysis For Gold For Next Period ,, Gold Arrive To Liquidity Area At 1907 - 1910 And Try To Break Out It And It's False ,, So We Can Sell From This Area ,, To Targets ON Chart ,, And Stop Lose Above 1935 For Safe ..
Hey traders as i said before, we had a strong Supply Zone at 1805 and I was bearish on that Zone after sell pressure, the Price come back and break up this Zone it means bulls collect this sell pressure also, I was bullish about that move and the target is 1900 $ u can check both of em the bullish and bearish move now I'm expecting some selling pressure in this...
Continue the Wyckoff methodology and Volume Profile series, today I will do the analysis of XAUUSD. We can assume/define the Buying climax starting from Dec 15, then the price moves down to up, while the volume is just down, which means this wave may not be good - even if the price is still sideways up (Phase A). After that, take a look carefully at Phase B of...
we got a rejection from the golden zone and heading down to test the trendline
rising wedge Breakout And retest Has Already Done Now Moving In Ascending Channel If XAU Breaks Channel To Trhen expecting another Bearish Move Towards 1755 to 1760
let's see on Monday. if the price continues go up the price will be fly but if the price rejected will go down to make a right shoulder. but i think the price will go down until 1677. that's my opinion :) be wise dan luck trade.
high risk trade with the info in an hour we take a sales opportunity with a big risk minimize the risk possibility that the dollar index rises from this point
See chart anchored notes and markups for multi-time frame analysis and price predictions
Inverse relationship with the dollar may also suggest a quick short as the dollar just dropped from the all time-high. The dollar may start to pull back down and if so we should see Gold rise. But not after it shorts from the next bearish order block to the nearest Bullish order block and by looking at the Commitment of Traders for Gold Futures, it appears that...
we are going down to hit 1560 soon as the dollar index has reached a historical areas at 114
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
The price of the precious metal continues to decline with the rise of the value of USD. Continuous hawkish talks are putting even greater pressure on the price of the GOLD. The technical indicators are also placing the instrument into a bear market, with MACD histogram below 0 line and continuing to decrease and RSI well below 50 neutral line. Bearish traders...
GOLD – SPOT: Selling On Retracement To Within The Range Of Bearish Multi-Bar Fakey Setup Price Action: Price moved lower from the Bearish Multi-Bar Fakey Setup that had formed mid-last week (We suggested selling on a breakdown of this setup in the Sep 22nd, members' daily newsletter). Price exploded lower from the prior Bearish Multi-Bar Fakey Setup that had...