As I predicted yesterday, we got a nice intraday bearish movement on Gold. Analyzing the price action on a daily time frame today, I spotted that the market is currently consolidating. We can see a narrow horizontal trading range. Those who are looking to buy the market should wait for a breakout of the resistance of the range. A daily candle close above...
XAUUSD, I am expecting that gold will fall from M15 OB, which has strong probability
I am looking XAUUSD Gold buy from 2313 area as there the availability of M15 POI and M30 OB
I spotted a strong bearish pattern on Gold on an hourly time frame. After a strong bearish rally that initiated on Friday last week, the market started a correctional movement within a rising channel - a bearish flag pattern. A breakout of the support of the flag is a reliable bearish signal. Probabilities are high that Gold will drop at least to 2295 ...
For XAUUSD today analysis, I am expecting a Bullish move from M30 OB 2300-2303 area
Currently, gold has returned to the downward trend after Friday's plunge. As long as the trend does not change, then a rebound is a good sell opportunity. After the sharp drop on Friday, the gold trend will definitely be adjusted, so we can buy low and sell high in the range of 2315-2285. Now we should not rush to enter, wait for the rebound to the previous low...
Price action analysis for Gold. Key levels & potential scenarios. Trading recommendations. Trading plan explained. ❤️Please, support this video with like and comment!❤️
In M15 timeframe, XAUUSD Gold looks like sell from 2315 area and our second sell limit is around 2321 area. good luck
Gold (XAUUSD) delivered our expected pump and dump move following the higher than expected Nonfarm Payrolls (NFP) on Friday: It almost hit our 2280 Target, so we recommend taking the handsome profits as there is high probability of a rebound towards 2360 and another dump. We are willing to re-sell there and target 2280 or if the 2277.50 Support breaks (candle...
Here is my latest structure analysis and important key levels to watch on GOLD next week. Resistance 1: 2315 - 2327 area Resistance 2: 2375 - 2387 area Resistance 3: 2426 - 2450 area Support 1: 2265 - 2286 area Support 1 and Resistance 3 compose a wide horizontal range on a daily. Consider the underlined areas for pullback/breakout trading next week. ...
Gold has managed to break the Support zone($2,337-$2,318) and 50_SMA(Daily) . According to Elliott's wave theory , Gold is completing its next 5 downtrend waves . It is possible to form a Descending Channel , Gold can react to the lower line of the descending channel. I expect Gold to continue falling to the next Support zone($2,272-$2,248) . Gold...
Gold broke and closed above a resistance line of a narrow accumulation range on a daily. Such a violation indicates the strength of the buyers and a highly probable bullish continuation. Next resistance - 2403 ❤️Please, support my work with like, thank you!❤️
I am expecting buy move in up coming move till 2355, or price can be up from the same level
I am Expecting Bullish Move now in XAUUSD M15 in today ADP news
Daily/4h time frames analysis on Gold. Price action and important key levels. Potential scenarios. Trading recommendations. ❤️Please, support my work with like, thank you!❤️
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...
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...
After the release of encouraging US economic data recently, Gold prices are showing signs of stabilization following consecutive days of losses triggered by the hawkish tone in the Fed Meeting Minute. FOMC Minutes revealed that Fed officials are uncertain about the level of policy restrictiveness and anticipate a prolonged wait before gaining confidence in...