GOLD - Classic bullish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Buy GOLD Entry - 2027.8 Stop - 2017.7 Take - 2047.9 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Dear colleagues, I assume that the price has completed the five-wave structure and is currently in correction. It should update the maximum of wave 4 or at least reach its level. Hence, I expect the price to come to the area of 100% Fibonacci extension level at 2047.117. Before that a small correction to the area of 2025.872 is possible. Manage your capital...
Gold prices attempted to break below the $2016.90/oz support line on Thursday, but prices rebounded from around this level and approached minor bearish channel resistance. Notably, the 50-period exponential moving average (EMA) meets this resistance, adding to its resistance. We are currently waiting for gold prices to resume their bearish trend. The first target...
Hey Everyone, PIPTASTIC finish to the week with our chart idea playing out perfectly in true level to level fashion with setups giving plenty of time to prepare and get ready for the entries and exits. We started the week with ema5 lock below 2044 opening the retracement range, which was HIT with plenty of retests. Ema5 failed to lock below the retracement...
Hello Traders, welcome to today's analysis of Gold. -------- Explanation of my video analysis: With the beginning of 2013 Gold started to form a major higher timeframe rounding bottom formation. After the breakout in 2019 we then saw a bullrun followed by the current consolidation. Gold is now forming an ascending triangle which could lead to a massive...
Hello traders this is an Update for the past trading analyse we made on TVC:GOLD , previously we made a call that Gold will be moving downside but the overall trend still Bullish our Purchase area was 2009-2003 Unfortunately the price didn't reach that area but it reverse from 2013.8 to move Upside Till 2062 That +490 Pips Movement. - Next move will be a bullish...
Hello friends, I hope you are doing well. We have the gold chart in 1 hour.Currently, gold is fluctuating in a trending range area and we have the top and bottom of the trending range to enter trading positions. CPI data will be released today, if we have data that is in favor of gold, that is, the US inflation has decreased, this means that it will harm the...
The price of gold has maintained a weak oscillation within a narrow range this week, with the center of gravity shifting slightly downward. The weekly long trend remains intact, but there are signs of entering a short model on the daily line. The price of gold is currently running below the watershed of 2049 US dollars per ounce for this week's long and short...
Gold is bearish movement gold fall will done from my point view Gold can fall Frist Use Sell From 2045 Target 2025 Then Use Buy From 2025 Target 2070 Wish you best Always follow the trend
From a technical perspective, the overnight bounce from the 50-day SMA and the subsequent move up as well as positive oscillators on the daily chart favour bullish traders. That said, it will still be prudent to wait for a sustained strength beyond the $2,040-2,042 supply zone before positioning for additional gains. The Gold price might then accelerate the...
Hello traders ,what do you think about GOLD ?Gold has breached the descending trend line and is currently positioned above the 50-day moving average. We anticipate that following a pullback to the recently surpassed level, gold will continue its ascent towards the established targets. Additionally, prevailing geopolitical conditions are likely to further bolster...
Analyzing OANDA:XAUUSD in light of the most recent data, the headline Consumer Price Index (CPI) for the previous month exceeded expectations. It recorded a year-on-year increase of 3.4%, surpassing the anticipated 3.2%. Additionally, the core gauge outperformed predictions, reaching 3.9%, surpassing consensus estimates by one-tenth of a percent. Initially,...
In this blog post, we'll delve into the daily chart of XAUUSD, examining its current state and anticipating potential future movements. Bullish Structure Formation: At a daily time frame, XAUUSD is displaying a bullish structure, marked by distinct highs and lows. This structure serves as a valuable guide for traders seeking to understand the market sentiment...
My dear friends, My technical analysis for GOLD is below: The market is trading on 2034.5 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 2054.4 Recommended Stop Loss - 2023.8 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used...
Based on the previous analysis: we expected the breakout of the channel. Gold moved gracefully in the direction of analysis. See the previous analysis in the attachment
Dear friends, gold is currently affected by geopolitical conflicts, which has led to a surge in risk aversion in the market, thus stimulating the rise of gold. Gold has reached its highest level near 2054 and is currently trading near 2050. From a technical perspective, gold has now broken through the downward channel, and the bullish energy has regained its...
Hey everyone! Let's dive into what's going on with gold after the CPI news. We saw a spike, followed by a channel formation. But after losing channel support, I'm expecting gold to enter a trading range, starting with the first pullback post-spike. Notice how gold experienced three bearish pushes, each weaker and shallower than the last, barely breaking the...