AS previously described, Gold was in a deep retracement, and it appears that this week, the retracement is done.
Weekly chart shows a reversal candlestick pattern over the past three weeks, finding the week's close at a resistance level. Look for a breakout in the coming weeks, as Gold closed above the weekly 55EMA this past week.
Do note that previous mapping of...
Hello in this analysis, as everyone noticed that the price of gold has made a small correction, but it is expected that we will witness a collapse of the market in the coming days.
Finally, do not forget to consult, and we wish you all the best and do not forget to leave your like and opinion in a comment
Gold has found support exactly at $1836, one of our levels. We noted in previous reports that gold should find support at $1836 or $1826. From here we saw a pivot back to relative highs in the mid $1800's. Recall that we have a dense cluster of levels in the mid $1800's at $1857, $1857 and $1865. These align with relative lows from early May, and are currently...
On TradingView, hotkeys and shortcuts will help you chart faster and navigate markets in lightening-speed. Draw a Trendline or a Fibonacci Retracement by pressing one or two keys on your keyboard. In this video, we want to show you every hotkey and shortcut available.
Press Alt / ⌥ + T to quickly draw a Trendline.
Or press Alt / ⌥ + F to quickly draw a...
15 minute chart for gold-
I love gold bars-
so I will always trade gold when I can- or boost the price a little---
dont know to many italians that dont love gold---
hope people have a good evening--
Welcome again to this analysis, as everyone noticed that the price of gold has collapsed again since yesterday, so it is expected that it will continue to do so until the end of the week.
In addition, stock markets experience moderate recovery
I would recommend selling in the medium term and targeting the targets on the chart
In the end, do not forget to consult...
The GC daily time frame is in a long term up trend.
The market formed a low price near the up trend
line and pushed bullish. The market broke and
closed above the short term down trend line. It
will be a good idea to turn to the one hour time
frame and to look for long ideas in the buy zone
towards the daily limit price point 1996.8
about +1,468 Ticks above the...
In today's post, I will speak about my plan in case of a bearish resolution in gold.
The first thing is the formation I want to see before trading. I have defined 2 conditions.
a) I want to observe a clear ABC pattern.
b) The price must get close to the resistance level.
IF those conditions happen , I would be interested in developing setups below B...
While #Nasdaq is still ahead since gold peaked in 2020, a distinguishable change in behavior is observable.
#Gold has been working hard to dissipate overhead resistance, while Nasdaq is working hard to create some!
#inflation #xauusd #xagusd #silver #debt
Hello, I've been currently obsessed with this setting for short trades. I've used two moving averages i.e 9 ema and 18 ema paired with MACD and VWAP for additional conformation. Basically VWAP acts as a magnet and you take your long and short positions when the candles are above and below the ema's and VWAP respectively.
This Point and Figure chart shows that gold may be in Wyckoff Phase C. It is still a little early to say for sure, but there are some positive signs. Supply has been reducing over what looks like Phase A and B, which is consistent with an accumulation structure. There has been reducing supply into the prospective Phase C. If the structure were distribution, we...
On the H4, with price moving below the ichimoku , we have a bearish bias that price will drop from our 1st resistance at 1834 where the horizontal pullback resistance and 61.8% Fibonacci retracement is to our 1st support at 1798 in line with the swing low support. Alternatively, price may break 1st resistance structure and head for 2nd resistance where the...
The GC daily time frame is in an up trend. The
market is at a low price just above the up trend
line. There is a down Fibonacci Gartley with
an extension price point 1781.7 about -300 ticks
below the market. The monthly and daily time
frames are showing the buyers are getting ready
to take control and bring the market up. It will
be a good idea to turn to the one...