In time H4, according to Elliott's analysis, after touching the target and the end of the movement cycle, it started to correct and by forming a double top in the daily and weekly resistance zone, it made lower floors and ceilings, which was a shadow of this with the failure of the candle trigger 4 hours ago. It has been triggered that Fibo 2.618 was the previous...
Today XAUUSD Setup | GOLD 05th of February 2024 01 : Around BUY 2030 TP 2035 - 2040 02 : Around SELL 2040 TP 2035 - 2030 03 : Around BUY 2020 TP 2015 - 2010 04 : Around SELL 2050 TP 2055 - 2060 05 : GOLD Broke 2040 - BUY Trade 2045 - 2050 06 : GOLD Fell below 2030 - SELL Trade TP 2025 - 2020 07 : GOLD Broke below 2050 - Buy Trade TP 2055 - 2060
Discover an enticing selling opportunity in GOLD as it undergoes a critical retest of a key resistance area. With market analysis, tecnical indicators, and price action as your allies, evaluate the potential downside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics
The highest price of gold this week was 2065. On Friday, non-farm payrolls did not break through 2065 and fell directly from 2057 to 2027. If gold falls back to the 2048-2055 range at the opening of next Monday, you can sell gold. It can be bought in the short term based on the vicinity of 2030. Gold trading strategy suggestions: SELL 2045-2050 tp2035-2030...
Gold Confirm Buyside Liquidity it can go 2060-2065 if it break up then go more we looking for sell form 2060-2065 after confirmation .....
✍️ NOVA hello everyone, Let's comment on gold price next week from 5/2 - 9/2/2024 🔥 Identify: After the information that interest rates will continue to remain the same and not decrease in March. Selling pressure has increased, Gold prices have not been able to have strong growth and continue to sideway above the $2000 price range. Some important news worth...
Gold sell idea. Entry: 2046.30 Stop loss: 2052.50 Take profit: 2020.00 Explanation: Given the outcomes of the Wednesday's Fed and Friday's NFP, Dollar set the bullish sentiment for the month of February. I'll be looking for shorts for the whole month ahead, starting with Monday 2046.30 sell limit. Reason for entry: Retracement from Friday to create a new...
Pure technical analysis. On the H1 time frame, XAUUSD appears to have completed the fifth wave (E) of Elliot Waves and penetrated the lower channel at market close last Friday, February 2. On that day, XAUUSD made a very strong bearish move after the NFP after previously being unable to break through resistance that had been touched at least twice. For entry,...
FXOPEN:XAUUSD Resistance is at 2088, support at 2002, and bearish harmonic pattern targets have been identified on the chart. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Good luck
My outlook for gold this week leans towards a potential retracement following its recent upward bullish momentum. I anticipate a temporary sell-off from the 15-hour supply zone I've identified, or a scenario where the equal highs gets taken and reaches the 4-hour supply zone above. Additionally, there's a trendline forming below, coupled with numerous untouched...
The price of gold is still in a volatile trend. Yesterday, it fell rapidly to the support of the trend line. Although the trend line was broken, it was in fact an inertia break and was not effective. The subsequent rapid rise has caused the gold price to return to the volatile range again, and we also made a very good profit by buying at 2032 yesterday. It is...
Gold moved up as expected but its movement was very fast and it touched its main resistance 2065-2066 and back to support of 2055 . For upward movement it should hold its support area of 2055-2046 otherwise it will go down to 2031-2030 . Right now its forming M and may be it will retest its top 2080's area. After creating M and double top it will be down...
On the flip side, the $2,042-2,040 strong horizontal resistance breakpoint now seems to protect the immediate downside ahead of the 50-day Simple Moving Average (SMA), currently pegged near the $2,033-2,032 zone. A convincing break below the latter could drag the Gold price to the $2,012-2,010 area en route to the $2,000 psychological mark. Failure to defend the...
Today gold will fall in NFP news then rise from 2040 So my point view gold can buy from 2040 To 2063 So gold frist sell then buy Always follow the trend
Non-Pay Form | Gold Expected to be drop Hey Traders .. Welcome back ! Todays after 2 hours Big news going to happen We Structured data from past history gold expected to move 50 pips above then probably hit the targets and touched our trend line which were seen in charts we are waiting for break out of support 2051-2050.00 then next point at...
There is no time to explain. When gold reaches 2055-2060, start shorting. The rest of the time is waiting to make profits. Accurate analysis sent daily, don't miss out
As observed on the daily chart, Gold price confirmed an upside break from a month-long symmetrical triangle formation after closing convincingly above the falling trendline resistance at $2,036 on Wednesday. The 14-day Relative Strength Index (RSI) indicator points north above the midline, suggesting that there is enough room for the upside. Traders have paid...
Xauusd Traders have paid little attention to the Bear Cross validated on Tuesday after the 21-day Simple Moving Average (SMA) crossed the 50-day SMA from above on a daily closing. With the bullish bias likely intact in Gold price, the immediate strong resistance is seen at the previous day’s high of $2,056, above which the December 12 high of 2,062 wil be tested....