– Previous Daily candle closed Bearish around 1972.700 forming Daily Resistance around 1981.000. – Buys on close above 1981.700 targeting 15min Resistance around 1986.800, Leaving Runners to the 1h Resistance formed around 1991.800. – Sells on close below 1970.300 targeting 4h Support formed around 1966.000, Leaving Runners to the previous 15min Resistance formed...
R3 LRS 2018 R2 MRS 1997 Supply Area H1 TF R1 HRS 1983 Supply Area H4 TF S1 HRB 1973 S2 MRB 1948 Demand Area S3 LRB 1923 Demand Area D1 On Support Sma200 1931 W1 On Support Sma44 / 1925 MN On Support 38.2% / 1903 MN On Support 23.6.0% / 1973 SELL> 2003-2008 BUY> 1963-68 – 1948-53 OBSERVATIONS: FOR (TRADING VIEW MEMBERS) FULL DETAILS...
Good evening gold gang! .. a great day on the charts today with lots of small wins scattered through the sessions and an absolute perfect analysis from last night too .. thats what we like to see! Price looking very bearish currently trapping buyers looking for that 2000 level .. id be happy to take sells on a restest to come down to the 60 algo from there...
Gold has been trading in a descending channel since May. But something had to happen after bottom got rejected... unfortunately it was war. Eastern conflict launched XAUUSD to the first checkpoint before the Moon. It broke through semi-channel resistance, static resistance at 1945, main channel upper dynamic resistance and finally stopped just below...
Gold / XAUUSD is trading inside a Channel Up since the October 6th Low and the start of this fast and strong rise. It has been having symmetric pull backs of -1.25% to -1.70% and appears to have completed the latest. As lng as the 1964 Low holds, buy and target 2020 (+2.95% rise, same as the last two). If it crosses under 1964, sell and target 1940 (1day...
Hey Everyone, Please see update on our 1H chart route map for the week. We saw price retrace into the first stage of our retracement range hitting bearish targets 1979 and 1970 and then bounce off this support at 1970 back into resistance at 1979. Ema5 failed to cross 1979 and so we saw price retest support at 1970 for another bounce inline with our plans to...
"As we see, our last analysis gold didn't follow our recent time cycle. A new time cycle is coming on 27th October. If the price goes up and closes above 1988, don't sell gold on 2nd November. New cycles are expected until 23rd November, so we have two opportunities to sell: on 27th October below 1988 and on 2nd November. Hold the trend until 23rd November with a...
👋 Hello, traders! After reaching the recent targets for XAU at 1960.00 and 1980.00, the news landscape isn't allowing the asset to correct and continue its bullish trend. The escalating situation in Israel and growing panic among investors are pushing XAU for further growth. Upon breaking the resistance level of 1990.00, we can anticipate moves towards 2010.00...
Dear friends, the market seems to be showing an impressive price increase, as it continues to rise relentlessly for the past three months, mostly due to escalating tensions in the Middle East. The toned-down rhetoric from officials at the Federal Reserve has limited global USD supply, making gold hotter than ever. At the time of writing, the gold market has...
The USD/CAD exchange rate has reversed, reaching the resistance at 1.3750. The Canadian dollar has gained momentum due to support from the U.S. dollar (DXY) at 106.00. The S&P500 has started declining due to market uncertainty linked to tensions in the Middle East and quarterly results. The Israeli leader has ordered an operation in Gaza, raising concerns about...
Well, the price swiped liquidity below the previous lower low and had a bullish reaction. Now if the price can stay above 1.20900 we can expect more upward move. Please pay attention to the details on the chart. 💡Wait for the update! 🗓19/10/2023 🔎 DYOR 💌It is my honor to share your comments with me💌
Hello traders, have a good week. Gold analysis is still in a strong trend. Focus more on buying. Be a friend of the trend. Good luck.
Preferred direction: BUY Comment: As expected, the metal rolled back from the level of 1981.683, a little, but true. This is exactly what we assumed in the extreme trading idea for gold. At the moment, the cutting of the indicated level continues, which will most likely end with the next update of the maximum. The chart shows two scenarios for long. It is 1...
Preferred direction: Neutral Comment: The pound is also taking advantage of the momentary weakness in the dollar and is recovering slightly against this background. The price will most likely reach the level of 1.22370, at which we will most likely have to wait for the short entry point again. However, the second scenario is also not excluded, in which the...
Preferred direction: Neutral Comment: The US dollar started the week with a correction and against this background, competitors began to grow. Special attention, as always, to the Euro. Here the price will approach the level of 1.06318 in the very near future. There's an obstacle waiting for buyers there. As you can see, the medium-term trend remains bearish....
✅ Gold rose for a long time without correction. The price has reached resistance. We expect a reversal of the direction of the chart movement. ✅ 🚀 SELL scenario: short to 1946 🚀 ---------------------------------------------------------------------------- Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
Scenario 1: Gold corrects lower towards $1,965 - $1,957 before we see another move up (Wave V) towards the $2,000 region, completing Wave 1. Scenario 2: Gold keeps dropping lower towards $1,940 - $1,930 allowing us to buy into long term positions.
Gold has experienced one rally after another this week: Fundamentals of the Palestinian-Israeli conflict, Thursday's Fed Powell speech Rising after continued technical correction There was no new breakthrough when it hit 2000 on Friday. Due to the fundamentals of the Palestinian-Israeli conflict, various countries continued to intervene, the U.S. economy...