Discover an enticing Buying opportunity in GOLD as it undergoes a critical retest of a key support area. With market analysis, technical indicators, and price action as your allies, evaluate the potential downside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics.
HELLO FRIENDS As i can see technically gold is holding above 2K level and just tested the trend line it is the best price for big boys to fill more bags of for a big bull run as we all know its safe haven around the world war escalating more and more today a new air strike from US to Yemen Houties and Iran also had targets on Pakistan boards .... Friends i think...
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 After price entered to wedge, it bounced from resistance line and declined to support line, breaking $2005 level. But soon, XAU turned around and made upward impulse back from support line to resistance line, breaking $2005 level one more time. Next, price rose...
GOLD is on killing spree towards on bullish cycle which is very lopsided and broke the the lower high $2020 S&R and now aiming to $2037-$2042 Resistance area where recovery is possible .However, throughout yesterday bullish reversal are very aggressive and broke $2020 zone easily with asymmetrically moreover the bond notes are on yearly higher high .Sellers...
PEPPERSTONE:XAUUSD XAUUSD turned upwards from 1940. Watch 2040 for opportunities to sell towards Zone 2
Gold has seen some big movement to the upside the last 2 days. I expect for gold to continue this uptrend to the nest big resistance zone after we could see some kind of rejection. So with my personal view on gold I endorse all long positions on this pair! Let me know what your outlook is on gold!
Pair : XAUUSD ( Gold / U.S Dollar ) Description : " 1234 " Impulsive Waves will be Completed at Fibonacci Level ( 61.80% - 78.60% ). We have Break of Structure will Complete its Retracement at Demand Zone / Descending Trend Line. Bearish Channel as an Corrective Pattern in Long Time Frame
The price of gold surged significantly on Friday, driven by a risk-averse sentiment stemming from escalating tensions in the Red Sea. The US and the UK responded to Houthi's attack on a US ship on Thursday, prompting a surge in gold purchases as the conflict in the Middle East intensified. Additionally, the yellow metal received a boost from the decline in US...
You can get so some profit here and put stop loss to Break Even and set two sell limits first sell limit at 2026.00 stop loss: 2032.04 second sell limit at 2027.16 stop loss: 2031.21 good luck every one
I think the price may go up and market continues to resistance-liquidity zone at 2048.8-2050. I LOOK for a test of the resistance and more downward moves because the trend on the daily timeframe is bearish . I expect a fake breakout of the rang zone to grab liquidity above, than continue trending downward. My goal is the support liquidity zone at 2004.4 Gold...
🏃♂️Gold is moving in the 🔴 Heavy Resistance zone($2,075_$2,035) 🔴 and managed to break the Support Lines at the beginning of the new week. 🌊According to Elliott's wave theory , Gold seems to have completed its wave 3 at the 🟢 Support zone($2,010_$2,004) 🟢 (wave 3 was extended ) and is currently on its way to completing wave 4 . 🔔I expect Gold to attack...
Hi Traders! From a technical perspective, Gold still has the possibility of triggering a bullish swing in the short term. If we look at 1H chart, Gold could reach area around 2067 area at least with three waves if it manages to break the resistance area. Trade with care Like | Share | Comment
By examining gold in the 4-hour time frame, we see that the price continued to grow based on our expectations and moved up to the specified supply range! The price is currently in one of the most important ranges of its supply zones ($2030 to $2032) and I expect the price to be rejected from this range. Watch its movements! This analysis will be updated! Please...
Gold has struggled against this central bank headwind and is sitting on a prior level of resistance turned support at $2,009/oz. This week’s sell-off has driven the spot price through both the 20- and 50-day simple moving averages, adding to the negative tone. We noted in the article above that $2,009/oz. should hold a short-term sell-off and while this still...
Gold (XAUUSD) is on the 2nd straight bullish 1D candle after Wednesday's 2001.50 bottom. With this rebound it has recovered the 1D MA50 (blue trend-line), which it broke and closed below it on Wednesday. However this is the only (so far) divergence from the early 2023 pattern, which started with a massive reversal on the 1811.50 - 1805.00 Support Zone, the rally...
By checking the AUDUSD chart, we can see that the price started to fall from the specified range as expected and was able to enter the demand range of 0.6260 to 0.65 with a total of more than 200 pips of correction! Currently, considering that the price has stabilized above this level, we may see more growth than AUDUSD and its possible targets will be 0.66099,...
By examining Bitcoin in the 4-hour time frame, we see that according to the previous analysis, as I expected, the price could not maintain the support of the $41,700 range, and for this reason, it started to fall and corrected to $40,700! Probably, we will see growth up to $42350 to fill FVG before falling further! Please support me with your likes and comments...
-> Swing: Bullish. -> Internal: Bearish. -> Has reached EQ. Following swing BOS price very aggressively pushed to the upside. Currently price has printed a bearish iBOS where we are now in the pullback phase. Price has printed a bullish CHoCH which is the first sign (but not confirmation) that internal pullback has initiated. Internal EQ is marked in green....