FX:XAUUSD has been updating the low to 2314 since the opening of the session and is forming a correction within which it is testing the previously broken consolidation support. The fall may continue from the liquidity area. The fundamental and technical background for gold is negative at the moment. A possible area of interest for the market may be the area...
Hi folks today I'm prepared for you Gold analytics. A not long time ago price little declined and then made impulse up higher than the resistance level, which coincided with the resistance zone, but soon turned around and declined below this level, making a fake breakout. Then Gold reached the 2400 resistance level again, but at once rebounded and fell to the...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Rising Wedge as an Corrective Pattern in Short Time Frame S / R Level Fibonacci Level - 261.8% Completed " 12345 " Impulsive Waves Break of Structure
Gold prices (XAU/USD) struggled to gain any significant traction during the Asian trading session on Monday, pressured by a mix of diverging forces and weakening near the three-week low hit on Friday. The growing acceptance that the Federal Reserve (Fed) will start cutting interest rates by the end of this year, supported by signs of easing inflationary pressure...
Hey Traders, in today's trading session we are monitoring XAUUSD for a buying opportunity around 2301 zone, Gold is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 2301 support and resistance area. Fundamentally the current inflation risk fading in the US made metals, indices and cryptos interesting again. Trade...
Hello everyone, Brian here. Today, gold is closing at $2,327. We've seen a slight decline towards the end of the day following the Personal Consumption Expenditures (PCE) Price Index report for April, which showed a 2.7% increase year-over-year, matching market expectations. The core PCE Price Index for April also rose 2.8% compared to the same period last...
The USDCAD chart has currently formed a Harmonic AB=CD Pattern, which indicates a Potential Reversal Zone (PRZ). Additionally, there is a Hidden Bullish Divergence on the 1-hour time frame, suggesting that the current downtrend is about to shift into an uptrend. Furthermore, the price has mitigated the Order Block (OB) and is now moving upwards. These...
The XAU/USD pair on the M30 timeframe presents a potential selling opportunity due to a well-defined channel pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around the current price of 2343, positioned close to the Top of Channel level. This offers an entry point...
XAUUSD possible completed wave (2)(Green) with running wave WXY (red). Sell gold gain if price retrace to 2345 +/-.
XAUUSD plan for this week, now the market is going to make a wave 4 and then continuing to make a wave 5 to finnish ABC pattern from elliot wave I already put the fibbonaci area as you can see on the picture, and also you can be prepare that this structure have potential false break out, so lets wait and see
3rd June DXY: Break above 104.70 (38.2%) , trade higher towards 104.90 (61.8%) NZDUSD: Sell 0.6130 SL 20 TP 40 AUDUSD: Sell 0.6625 SL 20 TP 65 (Hesitation at 0.6595) USDJPY: Buy 156.75 SL 25 TP 60 GBPUSD: Sell 1.2680 SL 15 TP 35 EURUSD: Sell 1.0835 SL 20 TP 45 USDCHF: Buy 0.9040 SL 30 TP 60 USDCAD: Buy 1.3675 SL 20 TP 45 Gold: Could retest and...
Gold (XAUUSD) broke below the 1D MA50 (red trend-line) and is forming today the first 4H Death Cross since January 12. As we mentioned on our previous analysis, we expect the yellow metal to trade sideways on the medium-term and that involves the price testing the May 03 Low on a potential contact with the 1D MA100 (green trend-line). This will be a mirror trade...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Long term sell, short term buy. Buy on the theory markets ranges 70% of the time, and buy on the theory markets retraces 50% of the previous leg 90% of the time.
Here on GOLD price price has reach order block level and grap liquidity and now movong up . So going fo LONG is needed and targeting profit should be around the resistance of marked .
Sell on the theory markets ranges 70% of the time, and sell on the theory markets retraces 50% of previous leg 90% of the time. Find your 30m price action breakdown for entry.
In my written and video comments from last week, I mentioned that I expected gold to drop in a new downward leg and indicated the 2350-2360 range as the sell zone. Indeed, after touching this zone twice, the price dropped and closed the week near the 2325 support level. This week's opening saw a drop below this support, and at the time of writing, gold is...
My Dear Robbers / Traders, This is our master plan to Heist GOLD Mines based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Green Zone that is High risk Dangerous level MA act as a Dynamic Support & Order Block, So the Market is oversold / Consolidation / Trend Reversal at the level Bullish...