Gold is moving in a Descending channel near the Resistance zone($2,337-$2,318) . In terms of Classical Technical Analysis , Gold has managed to form a Symmetrical Triangle Pattern , which indicates the continuation of the Downward Trend . I expect Gold to continue falling(Probably with two scenarios) after breaking the lower line of the Symmetrical...
Hello everyone, I am Kelly, I have been engaged in trading for 13 years, my accuracy rate is above 83%, I am good at technical analysis, follow me and make money together! Gold has built a double bottom in the early stage. Although it fell partly today, the structure has not been destroyed, so it is still in an upward trend. I prefer and am better at grasping...
Today, as the U.S. May sales monthly rate was bullish for gold, gold rose rapidly in the short term. Our long positions near 2317, 2310 and 2306 respectively hit TP2319 and took profits. Very beautiful trading results. In today's gold long trade, my profit totaled more than $25K. Very good trading results. According to the current short-term structure, gold...
The monthly rate of US retail sales is bullish for gold. Gold has seen a wave of gains, but then it rose and fell. This is the main theme recently. The positive data of gold are all rising and falling. The rebound highs cannot break through the new highs, and the trend is still downward. Therefore, we are mainly bearish today. Don't rush to enter now. Wait for...
Gold is exhibiting a bearish trend on the 4-hour timeframe, moving within a descending channel. The price has completed a 50% Fibonacci correction, signaling the end of Elliott Wave 4. This presents a favorable opportunity to enter a selling position, anticipating further downward movement.
Good evening, everyone. I'm Kelly. Let's continue trading. Now we still hold a long position in gold. The price has reached the resistance level of 2332-2336. It is normal to fall back when encountering resistance. The support is at 2326-2322. In the process of falling back, as long as it does not fall below the support by a large margin, it is still an upward...
Gold did not directly break through the previous high of 2340 at the opening on Monday, but fell directly. Gold does not have enough momentum to support its continued rise, and it is still fluctuating in a large range. Gold is still fluctuating in a large range in 1 hour, and has not broken up either up or down, so we continue to control the rhythm of selling...
The current market is still volatile, without any breaking behavior. In fact, since the start of London trading hours, there has not been a good opportunity to participate in market transactions, and it has been fluctuating around the 2315-2323 area. However, judging from the strength of today's rebound, the upward momentum of gold is obviously insufficient,...
Today, gold continued to rise in the short term, reaching a high of around 2335. In the short term, it touched the key suppression area I pointed out. With the bottoming out and rebounding yesterday, the intraday trend was relatively intact, and the short term seemed to have been supported. However, although gold continued to rise in the short term, it has not...
In XAUUSD, There is Choch in M5, M15 chart is showing just for posting the idea, expecting a down move now
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 2 Plans with target in the chart focus on whether Long or short entry. Our target is Red Zone for Bulls and Green Zone for Bears that is High risk Dangerous level market is overbought & Oversold /...
Gold Last night, I noticed that there has been a mild lower in beard withdrawal to the 231x area. The fashion in D1 and H4 is displaying Decrease. Meanwhile, the small frames are displaying clean symptoms and symptoms of boom. In my opinion, Gold could have mild corrections underneath 2303>2306 for one greater beat earlier than it is able to boom strongly. If...
Buy 2322-2320 TP 2330 - 2345 SL 2310 Forecast James Stanley - senior marketplace strategist at Forex.com - is one of the specialists forecasting gold charges to upward push subsequent week: "I am looking longer-time period variety resistance, round 2,075 -2,082 USD/ounce for long run support". Sharing the equal opinion, Colin Cieszynski - Chief Market Strategist...
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...
XAUUSD, I am expecting that gold will fall from M15 OB, which has strong probability
We are mainly bearish on gold in the near future. Now the gold price is still in a downward trend. As long as it rebounds, it will give a better Sell price. Yesterday, the gold price fell below the 2300 integer mark as expected. Today, it is likely to try the support of this area again. It is currently rebounding strongly, but I personally think it is just a...
Gold bulls are just a flash in the pan. Neither the positive CPI data nor the Fed can save gold bulls. Gold rose and fell yesterday. The end of the five-wave rise in the gold 1-hour chart ended the current round of gold rebound. Gold continues to continue the bearish trend. Gold is likely to break through 2300 again during the US trading period, setting a new low...
I am sorry The previous transaction was stopped Gold time frame is 5 minutes, I hope it will be compensated