XAUUSD Gold Technical Analysis anad Trade Idea. In the video we cover the trend, market structure, price action and a potential trade idea. Not to be construed as financial advice.
Gold made a price rejections on the sell side liquidity at 2306 now price is tring to take out the liquidity at 2330 am expecting a breakout from there with a retracement into the FVG zone then maintain stability from there till 2070 is completed JOIN AND ENJOY Tell us what you think........?
USOIL bought then consolidated created a false break out to the down side and went up(accumulation, manipulation, distribution, etc.). We still in strong bulls for USOIL FOREXCOM:USOIL FX:USOIL TVC:DXY . This is only a trade idea, use risk management. Happy trading
Gold remains stable amidst a downward trend, given the backdrop of rising US yields. Reduced tensions in the Middle East contribute to market stability, albeit dampening the demand for gold. Looking at the one-hour chart, it's evident that gold's potential for price appreciation is still constrained. The Relative Strength Index (RSI) has solidified around the 40...
Black arrow : Possible to price can make a breakout H4 then continue to fly. Blue arrow : is our sell zone Anyway right now the price is still in sideways which 50-100 pips movement.but I will wait for confirmation first
The White arrows to the right side are KL's. 18700 YTD High, 17027 YTD Open and 16300 YTD Low. The white dash is Mid Level of YTD Range. 4/1 Post, we have hit lower target and my see some retracement back up, not looking for a KL 18590 retest. Use Yellow dots as targets for next move. Yellow diagonal TL is next retest and TLX 17867, may see sideways with slight...
I am expecting a continuation according to HTF and a high propability of a bullish movement after mitigating the FVG . Happy trading.
Today is Wednesday April 24, 2024. Its 7:00pm EST and here is the daily projection for tomorrow. Further upside expected on gold after downside retracement.
As discussed throughout my yesterday's session commentary: "My position: I have engaged Selling order with #2,318.80 representing my entry point, optimal Target remains #2,300.80 psychological benchmark." My #2,318.80 Selling order has hit #12-point stop on #2,330.80, however I have re-Sold Gold immediately on #2,336.80 and closed my order on #2,310.80,...
FX:XAUUSD is moving out of the sideways range downward. The price is testing 2328 within the framework of correction on the background of news. Earlier, the structure of the bull market was broken, which in general can determine the medium-term potential. “GOLD → Bears win. Downward counter-trend correction ↓” The price is testing 2328, which is actively...
XAUUSD Forecast: Two Predictions In Play 1. SELL FOCUS Strategy: Daily closed with bearish momentum candle.. we will be selling within the H4 selling breakout zone, H1 swap zone (SBR). & lower time-frame selling continuation. Action: Sell until it goes down and creates a buying structure within the Daily & H4 support. 2. TO THE MOON! Strategy: As...
Wyckoff throy here is bullish to the moon acumilatuin
Gold experienced a significant retreat upon reaching the upper boundary of its channel, approximately at the value of 2333.35. Currently, the price has faced resistance and subsequently retreated from the 50% Fibonacci retracement level, indicating a potential pullback towards the upper bounds of the channel. In response to these developments, we are actively...
Western Texas Intermediate, the US crude oil benchmark, is trading around $82.45 on Thursday. The black gold edges lower as the fear over wider conflict in the Middle East fades. Additionally, the hawkish tone from the Federal Reserve boosts the US dollar and caps the upside of black gold. Crude oil is one of the most in-demand commodities, with the two most...
Technical analysis: Gold is finally delivered full scale decline towards #2,300.80 psychological benchmark. This is the first time in #6-Months time that Gold is on Natural decline / not correcting aggressive gains made previously. Also this is the first time in #6-Month period that Gold delivers #2 consecutive Lower Low’s (High’s / Low’s) test which is excellent...
🏃♂️ Gold is moving in the 🟢 Support zone($2,327-$2,302) 🟢 and managed to break the Uptrend line and the Support line yesterday. 🌊According to Elliott's wave theory , Gold seems to be completing wave 4. 🔔I expect wave 4 to finish near the Resistance lines and 🟡 Price Reversal Zone(PRZ) 🟡, and Gold will start to decline again and break the 🟢...
GOLD TRADING SCENARIO ON April 25, 2024: Strategy 1. From now until 11:00 a.m. - 12:00 a.m. Gold returns to 2313, then Buy Gold immediately. TP hopes to reach 2321, which is further than 2332, but there is a condition that requires at 6:00 p.m. Gold closes above 2318, and vice versa. Gold closes below 2318, then exit Buy and move. Sell direction to 2296. Sell...
Hello everyone, if we break the structure on the rise in H1, at that point I'll go down in a small time unit and find confirmation to take a purchase.