Gold Xauusd next possible movement on coming Monday, we have a strong support and 2316 and weak resistance at 2327/2328 and strong resistance at 2336/2338. So it is possible to reach 2336 by Monday
So after Friday's sharp drop, we had a profit of 500 pips. This decrease also confirmed the completion of orange wave C in the ABC correction. After the ABC correction is completed, we bet that the previous downtrend wave will continue. - With Friday's decline, we see that the momentum has entered the oversold zone, showing that sellers are showing signs of...
Dear Traders, Gold rejected at $2287 and then went on hitting $2370, however, we have witnessed a strong 4H bearish candle occurred due to rejection at very key level. However, our bullish sentiment has not yet changed, we still expecting price to reverse from our buying zone. You can take a well risk managed buying entry, if our analysis support your bias. Do...
Our wave C target has been achieved, looking at the price we see - Yesterday after the news of unemployment benefits was announced, the price increased sharply to our target area of 2364 and is currently correcting. So the price increased sharply and quickly, which is the characteristic of wave 3, then the price decreased and adjusted until now, so it is likely...
Dear Traders, As we explained in our previous charts that gold will rebound from 2290 region and price did exactly as we expected. Now we expect price to continue the bullish momentum up until 2500$ region, which will be our long term entry. There are major economical data on our way in this week also next week, those may impact the future trend of the Gold....
Hi friends, good day! I'm Kelly! Yesterday, gold rose sharply, and our long target has been achieved, let's celebrate together! Now, after the rapid rise in price, it will be a small shock and fall, so our trading ideas are ready. We can sell in the range of 2360-2372, and the target can be set to the range of 2352-2348 with the trend support as the reference...
Dear Traders, Price is dropping nicely towards our area our entry point , we expecting price to fall around our area on Thursday or Friday. With accurate risk management, we can target 2200 pips. **If you like our idea then like, comment and follow us for more** Team Setupsfx_
Gold price rebound to 2365$ area before started to drop again, price reverse from a solid imbalance zone where price rejected strongly. After carefully, looking at the price behaviour it is likely to have a strong drop on gold prices in coming days. We expect price to continue dropping down until it reaches 2280 region where a strong reversal/rebound can be...
Gold rose sharply yesterday, breaking through the 2352 resistance in one fell swoop, and is currently located near 2360. The chart is now entering the triangle consolidation stage. After the price breaks through 2352 and stabilizes above it, the resistance has turned into support. Then in the next consolidation stage, the first support to focus on is the area...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Bullish Channel as an Corrective Pattern in Short Time Frame Impulse Correction Fibonacci Level - 78.60% Break of Structure Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves
I am expecting a selling probability in M15, as it has sweep the liquidity and have the wicks on upside on next candles also which is also called shooting stars, showing the selling momentum. good luck
Gold heading down to just above support zone and pump up to the resistance zone again. good luck :)
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.
Today will be announced the number of applications for unemployment benefits. This index will tell us how the current economic situation is affected by the Fed's policy on interest rates. If these indexes decrease, it will tell us that the Fed's recent policies have not had a large impact on the economic situation, which will create conditions for the Fed to...
Dear Traders, Upcoming weeks we can see strong bullish price momentum to continue, price successfully rejected at 2290 and then rebounded strongly. Another confirmation that we have is when price reconfirmed the 2300 area where we saw how strongly price moved. These are the two main confirmation that has given us enough confidence to be sure of how upcoming...
Gold found short-term support near 2300 and rebounded again. It is currently around 2330. The large-scale indicators show that the bullish force has not been fully released. There is a high probability that there will be another wave of upward market in the US market today or early next week. The strong resistance will be mainly concentrated around 2352. At that...
The geopolitical outcome is still a topic that the market cannot avoid. Now the Middle East may expand the scale of confrontation, which will greatly affect the stability of the financial market. In the market, pay attention to the weekly unemployment claims data in the United States on Thursday and the initial value of the Purchasing Managers' Index (PMI) on...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.