After failing to break through the 2000 level, gold fell below 1960. The overall trend seems to have weakened. However, what I want to say is that you still do not understand the intentions of the main players. Two failed attempts are actually a sign of accumulation of strength. When the market believes that the trend will continue to decline, the real rebound...
Pair : XAUUSD ( Gold / U.S Dollar )
Description :
Completed " ABC " Corrective Wave
Symmetrical
Fibonacci Level - 50.00%
Double TOP
H & S Shoulder
Rising Wedge as an Corrective Pattern in Short Time Frame , Rejecting from the Upper Trend Line
Gold is looking bearish and i see more potential movement downwards to 1937 as the sell objectives. Due to the rejection of the zone around 1974.000
Trade cautiously and apply proper risk management!
Here is my view for XAUUSD H1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Since September 2022 Gold has been on a beautiful run. We've seen a big impulsive move without any signeficant pullback.
The price has created a range and now we are getting closer to the upper boundary of the range.
Last week we have seen buyers taking profit aggressively. Either the price will dump from here or it will go a little bit higher and it will get...
Pair : EURUSD ( Euro / U.S Dollar )
Description :
Impulse Correction Impulse
Break of Structure
Bullish Channel in Short Time Frame as an Corrective Pattern and Rejection from the Upper Trend Line
Rejecting from the Fibonacci Level - 61.80%
Completed " XYZ " Corrective Wave
Divergence
XAUUSD BUY LONG Technical analysts use support and resistance levels to identify price points on a chart where the probabilities favor a pause or reversal of a prevailing trend.
Pair : XAUUSD ( Gold / U.S Dollar )
Description :
Double Top
Impulse Correction
Break of Structure
Falling Wedge as an Corrective Pattern in Short Time Frame
Divergence
Completed " 12345 " Impulsive Waves
Hey Everyone, This chart is for an update on previous idea, price rejected as described our next target is 1900 and then 1860. We have to take DXY strength into the consideration for the next we will see massive drop on Gold.
Hi there
Gold is making a Head and shoulders pattern after such drop market is making a correction to prepare for next drop
Enter at the current price action
Take profit at 1920
Stop loss 2030 above shoulder
Good luck
Pair : XAUUSD ( Gold / U.S Dollar )
Description :
Bullish Channel in Long Time Frame as an Corrective Pattern in Short Time Frame and Long Time Frame with the Breakout of the Lower Trend Line
Divergence
Double Top
Impulse Correction
Rejection from Resistance Level
Break of Structure
🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1 ✨Eagle eye: Super bullish
2 📆Monthly: the current trend is bear, but the market is in the corrective phase right now, also engulfing the last 3 months move a high chance to go upward
3: 📅Weekly: a clean uptrend here BOS id also occurred. We expect a short correction; then again upside move this week
4 🕛Daily:...
The price of gold is experiencing a steady pullback in the wake of First Citizens Bank's takeover of SVB. However, Minneapolis Fed President Neel Kashkari's comments about a possible recession caused by a banking crisis have tempered the relief felt by investors. While the price of gold is correcting, it is still too minor to be considered a reversal. As of the...
From a daily chart perspective, the price of gold has formed a double-bottom support at 1935 and is currently oscillating widely within the range of 1960-2000 in the short term. However, it is my personal belief that the market will still form a breakthrough to the upside. I recommend buying long positions on dips between 1960-1935 at the opening of next week...
Good evening gold gang, hope you've had a good weekend
OK market open, asian session outlook .. tricky one as the market is still very undecided. DXY bounced from a very important level which should indicate price to continue bullish as dollar is moving down.
Previous daily candle is close to its own flipping point which would mean a nice selling opportunity...
Dear traders gold still in consolidation at this moment market will be manipulated you so may times ..well as I said in chart if price came and close above 1978 it will be a chance to buy in correction target will be 1988 and the second senario if price reject 1994 and close below it will be a sniper entry and high chance to sell gold from that zone
Trade safe...
Hello Traders trust you guys are having a lovely Sunday, so basically this is what we would be expecting from GOLD This week. We are expecting price to dump down to our main support zone which is our TP LvL before we would be seeing a bullish run thanks, drop a Comment on what you think about this analysis.
Hello traders!
‼️ This is my perspective on XAUUSD.
Technical analysis: As we can see here price took buy stop liquidity and rejected from psychological price level 2000. I expect bearish price action and I am looking only for shorts. My target is the imbalances lower.
Fundamental analysis: On Thursday 30th of March we have news events on USD, will be released...
