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!
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves Falling Wedge as an Corrective Pattern in Short Time Frame with the Breakout of the Lower Trend Line and Retracement RSI - Divergence Break of Structure
Affected by the news, gold suddenly rose and broke through the previous high. It continued to rise after the opening today. It currently maintains a shock above 2200. The indicators have begun to show signs of weakness. Try to go short at this stage and pay attention to the resistance in the 2215-2221 range. If the bulls are strong, the high may touch around...
By checking the EURUSD chart, we can see that after the growth of this currency pair up to the supply range of 1.093, the price faced heavy selling pressure and with a drop of more than 130 pips, it is currently trading in the range of 1.082! If the price can stabilize above the support of 1.07990 to 1.082, we can expect a small upward movement of the price!...
By checking the EURUSD chart in the one-hour time frame, we can see that the price after growing up to 1.09060 faced heavy selling pressure and was able to correct by more than 70 pips to 1.08350! I still think this drop can continue and the next supply levels are 1.08615, 1.08680 and 1.08980 respectively! Please support me with your likes and comments to...
If candles break the upward trend line of the weekly channel, the sell signal will no longer hold true. However, if the resistance at 2186.422 has an impact on the price, gold may fall to around 2100.
Hi folks today I'm prepared for you Gold analytics. A few moments ago price rebounded from the trend line and rose to the support zone, but when it reached this zone, XAU at once made the correction below. After this movement, the price turned around and continued to rise to the support level, which is located in the support zone, and in a short time later Gold...
By checking the Bitcoin chart in the weekly (logarithmic) time frame, we see that the price after correction to $60,800 was again accompanied by demand and is currently in the range of $67,500! There are only 30 days left until the Bitcoin halving and we will probably see extreme price fluctuations before and after the halving! According to the previous analysis,...
🔖XAU/USD, H4🔖 22 March 2024 Gold prices dipped from record highs as the US Dollar and US Treasury yields rebounded sharply on the back of positive economic data releases and the Federal Reserve's optimistic forecast. Despite the Federal Reserve's upward revisions for the Gross Domestic Product (GDP) and the Core Personal Consumption Expenditure Price Index (PCE)...
Gold experiences a significant breakout on the weekly chart, indicating substantial potential for upward movement. This breakout suggests a bullish sentiment among investors, prompting anticipation of further price gains. Analysts foresee continued momentum for gold, driven by factors such as market dynamics, geopolitical tensions, and inflationary concerns.
FX:XAUUSD corrects after testing $2222. News on Thursday shook the market after Powell's dovish statement on Wednesday, which spurred a false breakdown and a 2.5% fall Yesterday the market met a bullish wave of news for the US market: Initial Jobless Claims down, PMI up, overall this is a locally positive scenario, but today at 13:30 Powell speaks, who can...
Many times, the market has its own rules to follow. As long as you have enough experience, surviving in the market and having the last laugh is not as difficult as you think. If you can't do it, just follow someone who can and let him lead you. This is the gold 30m chart. I have shrunk it a lot. It is not difficult to see from the chart that it is currently at...
We were directly short at 2185, and sure enough it still fell. Let’s continue to look at the 2145 line below. Gold is an obvious top form. Don’t panic. The big negative line must reach 2145. This position is also a support. The hourly line all closes the big negative line and is below the moving average throughout. Continue to look at 2145.
#GOLD - H1 📣 Looking at the 1-hour timeframe, there is an expectation of a price decline towards the range of 2120 with the breakdown of the bottom of the descending channel around 2140. ⛔ Stop Loss: 2155 On the other hand, with the breakout of the range of 2155, one can consider buying with a target of 2170. ⛔ Stop Loss: 2140 Please note that trading...
OANDA:XAUUSD OUTLOOK - Gold prices retreated this week but are still up more than 5% in March - The Fed’s monetary policy announcement will take center stage in the coming week Gold prices (XAU/USD) fell 1.05% this week to $2,155 due to higher U.S. Treasury yields and the U.S. dollar. However, gold has maintained strong bullish momentum in March, with a gain...
Gold (XAU/USD) could bounce off a pullback support at 2,146.16 which has been identified as a pivot point. Could price potentially bounce off this level to climb higher? Pivot: 2,146.16 Support: 2,125.17 Resistance: 2,205.48 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford...
Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate....
XAUUSD (Gold) has been on a strong bullish run. However, expect a possible further retracement as the market seeks liquidity and to rebalance. This could present a counter trend sell opportunity along with a buy opportunity at prior support levels (see chart markup in the video). The risk of further downside remains, so prioritize strict risk management. This...