The price of gold has fallen below the trend line and stabilized, and its trend has entered the stage of adjustment. However, it is unknown where the adjustment will be, but what is certain is that the rising momentum has temporarily come to an end, and the next operation will turn to high selling. The main idea is that when the gold price rebounds to around 2170,...
According to Kitco News` weekly gold survey outcomes, specialists are not constructive approximately the possibility of gold expenses withinside the brief term. Meanwhile, retail investors nevertheless forecast that gold expenses will preserve to growth this week. Last week, eleven analysts participated in Kitco News's gold survey. As a result, almost 75% of Wall...
Gold has respected my analysis. I did say that the EQUAL LOWS at the 2153 level need to be broken. Price has done exactly that. Price action is king!!!
A destroy under the 2023 excessive at 2146 could threaten a deeper correction withinside the multi-week uptrend closer to the 38.2% retracement of the every year rally at 2114 - search for a response Greater reaction there If achieved. The broader upside invalidation is now raised to the 61.8% retracement/2020 swing excessive at 2065/75. Break of weekly top/near...
Gold has spoke back to uptrend resistance and will be at risk of a few recuperation here. That said, buying and selling stays optimistic whilst on this pattern. From a buying and selling standpoint, losses must be confined to 2114 IF charge is shifting better this time round with a near above 2180 wished for a follow-through. Note that the FOMC hobby fee choice...
These are my levels on Gold with 4HR, with confirmation on lower timeframe i will play these level. Share your thoughts with my levels. Thanks
This week's outlook is heavily bearish, Markets are overbought, retail is investing in stocks now more than ever, and indices breaking ATH...A perfect time for the big players to profit off human fear, a little crash of 2% in currencies, a little over 4% in gold, and 3% in Indices, makes it perfect for human emotions to engage in and let it take over the...
#XAUUSD Plan trading for Monday There will be no news tomorrow, so if there is no GAP, gold will stay sideways and continue to compress, waiting for FOMC news this week. The yellow H1 frame is compressing with a decreasing top and unchanged bottom. Manage capital, always set stop loss until gold breaks then I will review, I expect gold to fall to 211x this...
This week, I'm eyeing shorting opportunities in Gold. After witnessing strong bearish momentum last week, I anticipate further downward movement to breach nearby lows, which are acting as liquidity points. Additionally, I've identified two nearby supply zones from which I expect price reactions. I'll exercise patience as I wait for price to test the lows and...
Gold is in a descending triangle on 4h, but still on a macro-bullish structure. A break of 2170 followed by a support zone would make the price bullish again, but a break of the current support could lead to at least an interesting correction.
ever thing is elaborated in the chart if you have question you can message me i will respond
This analysis identifies a potential descending triangle pattern forming on the XAUUSD (Gold) chart after the price successfully reached the target zone within a two-channel price movement. Key Points: The price action established a two-channel pattern with defined support and resistance levels. The price successfully climbed to the target zone within the...
The price of gold fell yesterday and encountered the first-line support level of 2150. It rebounded in the short-term and rose, but the downward trend still did not break through. The short-term trend in one hour was bearish, and the upper pressure was around 2170. I am willing to sell within the day! Today the gold price will fall below the 2150 mark and head...
FOREXCOM:XAUUSD OANDA:XAUUSD Hello dear traders. If the price does not consolidate above the $2152 level, a bearish scenario will occur. On the other hand, if the price receives strong support at the bottom of the pitchfork or stabilizes above the 2-hour Bollinger Midline, the bullish scenario will increase the price to the yellow zone. ✌💥If you are...
Gold should observe the key area above 2171-2174 on Friday. If it cannot break through this area, then gold will still be in a downward trend. Several key positions where gold’s downtrend may break Lower support 2152-2155/2148-2143 strong resistance area 2131-2134 We select trading opportunities based on specific operating trends. I will help you find safe...
Gold is currently approaching support, but it is not difficult to see from the shape that shorts have an advantage over bulls. The current 30-minute chart shows that multiple tops have formed on the K-line shape, and the highs are constantly moving downwards. In this case, our transactions should be mainly short and supplemented by long, which can reduce...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) faced renewed selling pressure on Thursday and declined closer to the weekly low in response to the US Producer Price Index (PPI), which was higher than expected. This data indicated persistent inflation and dampened market expectations for early interest rate cuts by the...
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!