Pair : XAUUSD ( Gold / U,S Dollar ) Description : Bearish Channel as an Corrective Pattern in Long Time Frame and Short Time Frame RSI - Divergence Break of Structure Completed " 1234 " Impulsive Waves
XAU/USD shows robust support at 2154.30, which has withstood several tests, suggesting strong accumulation at this level. Above, resistance at 2181.31 remains intact, presenting a provisional ceiling for the bulls. Recent candles indicate potential buying, but confirmation is essential for any long position, with an eye on the resistance mentioned as an initial...
Through the analysis of the golden hour chart, we know that gold first fell and then rose in the early trading, stopping the fall and rebounding at the 2146 line below. The overall short force is a bit more dominant. In the short term, we will focus on the pressure level above and the effectiveness of the support below. Once the level is broken, the market will...
good evening gold gang! tis i .. lord tommy back from the weekends debauchery. Price closed at my algo level exactly breaking the 4hr support! This could mean we are in for a bearish couple of days while price makes its way down to the cheaper areas for big boys to buy in We have an unmitigated 4h sell zone at the top there if price can make its way up .. i...
Hello everyone ! -Here is my opinion on the GOLD: -Z.O.I (Zone Of Interest) -An increase in liquidity. -An interesting area. -Optimal Fibo (OTE). -No counter-trend. - FVG (Fair Value Gap/Imbalance) *Optional This is why I would see GOLD rising! 🚀 If you liked it and want more, don't hesitate to subscribe and Boost the publication! Questions ? Leave a comment!
Greetings ! The setup: -RMI (Range Manipulation Initiation) -An increase in liquidity. -An interesting area. -Optimal Fibo (OTE). -No counter-trend. - FVG (Fair Value Gap/Imbalance) *Optional 🚀 If you liked it and want more, don't hesitate to subscribe and Boost the publication! Questions ? Leave a comment!
Inducement --> HTF POI Cluster. I see gold most likely falling. What do you think? Arrows = inducements LQP = Liquidity Pool POI = Points of interest
Liquidity grabbed, going for a POI. Anticipating a reversal. LQP = Liquidity Pool Arrows = Inducements
The USD/CHF pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined bearish channel pattern. This technical setup suggests a shift in momentum towards the downside and a higher likelihood of further declines in the coming minutes or hours. Key Points: Sell Entry: Consider entering a short position...
Gold rebounded from a slight decline during the day, and it can still be shorted after the rebound. Although the K-line of gold currently maintains a high level of shock in the daily trend, the price is showing signs of gradually moving out of the high-level shock range. The K-line has gradually begun to come under pressure from the short-term moving average. In...
Hi folks today I'm prepared for you Gold analytics. A few times ago price declined to the support zone, after which it at once rebounded up, thereby making a fake breakout of support 2. Then XAU some time traded near this level, after which it repeated movement down, below support 2 and in a short time backed up and started to grow. Later Gold entered to pennant,...
Hello everyone. Although the K-line of gold currently maintains a high level of shock in the daily trend, the price is showing signs of gradually moving out of the high-level shock range. The K-line has gradually begun to come under pressure from the short-term moving average. In the short-term trend, the technical form has begun to gradually weaken. signs. The...
Here on gold price has been in uptrend and has made a rebound on 2160.00 and try to push down look at Elliot wave on daily timeframe it also predict down that means that going for SHORT needed and targeting profits should be around 2060.00 and 1990.00 .
🔖XAU/USD, H4🔖 18 March 2024 Gold prices declined as the US Dollar appreciated and US Treasury yields rose, dampening demand for non-yielding assets like gold. Better-than-expected economic data from the US signalled expectations of more hawkish policies from the Federal Reserve, further weighing on gold demand. Investors are closely monitoring monetary policy...
After repeated shocks, the price of gold began to show a weak situation. The key support level of 2150 has been tested for the third time, while the high points above are constantly pressing downwards. The triangle shock situation is nearing the end! I believe it is not difficult to fall below 2150 within the day, so I think it can be sold directly now! The target...
The price of gold has fallen below the trend line and stabilized, and its trend has entered the stage of adjustment. However, it is unknown where the adjustment will be, but what is certain is that the rising momentum has temporarily come to an end, and the next operation will turn to high selling. The main idea is that when the gold price rebounds to around 2170,...
Upon a detailed examination of the gold price charts over the 4-hour and weekly time frames, it becomes evident that the market behavior aligned with our initial projections. As the trading week commenced, we observed a decline in gold prices, precisely as anticipated. This downtrend was significant enough to reach our projected target of $2149. Interestingly, the...
Gold comes under pressure as the week of major central bank meetings begins Gold extended its decline from last week's economic data, with focus shifting to this week's Fed meeting World gold prices had a volatile week when US economic data was stronger than estimates. The precious metal plummeted from $2,179 to $2,152 on a higher-than-expected CPI report,...