Well, as you can see the market structure is still bullish. Now there are two modes that I will explain. The first one, there is a strong demand zone that can hold the price and push it up. This demand zone is located at the 0.705 Fibonacci level which makes it more reliable. The second scenario is the price continues the retracement to the extreme bullish...
gold price is sideway near $2000 it goes up and down but still sideway this range price action has made triangle correction chart pattern upper and lower yellow line are big dynamic support and resistance
In today's trading session, our focus is on XAUUSD as we identify a potential selling opportunity around the 2034 zone. Gold, amidst a downtrend, currently navigates a correction phase, nearing the 2034 support and resistance area. Adding a fundamental layer to this analysis, the recent warning from the Fed serves as a crucial factor influencing market sentiment....
By checking the TVC:GOLD chart, we can see that on Friday, with the announcement of the NFP statistics, gold started a heavy fall and was able to correct even up to $2028! After that, it was again accompanied by demand and started to grow, which was as expected because we had observed the important range of $2032 for possible demand! Gold finally managed to grow...
Hello traders, I want share with you my opinion about Gold. By observing the chart, we can see that the price some time ago price rebounded from the 2010 support level, rose to the 2075 resistance level, and in a short time broke this level, but soon fell back, making a fake breakout. Next, the price continued to fall to the support line of the wedge, breaking the...
H4 Analysis: -> Swing: Bullish. -> Internal Bearish. -> Has reached EQ. Price printed double bullish iBOS to confirm swing pullback phase is complete. Currently internal structure remains bearish. Price has once again to reacted to Daily and H4 nested supply levels where we saw a noticeable reaction. Price wicked above high of internal structure but failed...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : SYMMETRICAL TRIANGLE as an Corrective Pattern in Short Time Frame Completed " 12 " Impulsive Waves and " ABC " Correction after Impulse Break of Structure and Completed the Retracement EXP FIAT as an Correction in Short Time Frame and Rejection from Lower Trend Line CHoCH and Strong Divergence
Expecting a drive up towards $153.300 from the current price zone. Potential to bank roughly a good 600 PIPS (4.20% gain) from this trade alone📈 Upon completion of this final impulse move up (Wave V), we can look to start positioning ourselves into a MULTI-YEAR downtrend. This could be 1 of a lifetime opportunity!
Dear ZTraders, We are expecting a short on OANDA:XAUUSD prices today and coming week. As we have explained in our last live stream, we expect this due to several factors like a strong us economy. Let us know what you think, and like for more content. Greetings, Zila
We can see that the price shifted the structure and we are in a bearish market now. The price created a lower low and mitigated all the supply zones, finally, the price created liquidity below the bearish order block and had a bearish reaction after hitting this zone. For more confirmation, we need 15 minutes CHOCH. we can define 186.73 as the first target, and...
My dear subscribers, GOLD looks like it will make a good move, and here are the details: The market is trading on 2042.2 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 2027.2 About Used Indicators: The average true range ATR plays an important role in 'Supertrend' as...
Hello Traders, Base on technical and wave analysis we see this scenario for #Gold for next move. let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
✅GOLD is trading along the rising support And as the price will soon retest it I am expecting the price to go up To retest the supply levels above at 2031$ LONG🚀 ✅Like and subscribe to never miss a new idea!✅
💹 Forex Quick Check: #XAUUSD 📉 Trend: Consolidation 🚀 Action: LONG @ 2019.344 🎯 TP: 2039.155 🔍 Insights: Hey traders. Welcome to Anna Trade Charts. Here we had another analysis for #XAUUSD. #GOLD is going to retest the major support and the trend line. Here we will see the long potential if it form any rejection candle at the bottom. Also we can see that it...
Gold is declining and may continue to decline through 2016. This support has a proven strength, and in the absence of a clear trend, this level may push the price up with the help of buyers. The target in this case is 2027 Reasons to bounce: 1) Key level 2016 2) Price is trading inside a global flat pattern 3) 2016 is a strong support with a proven history 4) A...
Xau is analysed to be bullish (buy), the open of this week's candle is heading to ignite the buy momentum at the 2025-2017 zone . The buy momentum could head us to 2045 where a minor retracement is expected and we would head off to the 70's
Feb 5th DXY: Push up towards 104.25 resistance before retracing down within range of 103.70 and 140.25. If it breaks resistance and trendline, could head up to 104.85 NZDUSD: Sell 0.6080 SL 20 TP 40 AUDUSD: Buy 0.6535 SL 20 TP 50 USDJPY: Buy 148.70 SL 30 TP 100 GBPUSD: Sell 1.26 SL 20 TP 40 EURUSD: Consolidating, look to test 1.0745 reject, Buy 1.0760 SL...
By re-examining the Bitcoin chart in the 4-hour time frame, we see that the price is still trading in the $42,900 range, and if the price succeeds in maintaining the support of this range, we can expect more growth from Bitcoin! The possible targets of this growth are $45,500, $45,900 and $46,790 respectively! Please support me with your likes and comments to...