Here is the 14 years of GOLD price history and action. Looking at it we can locate a lot of triangle shaped during its movement. 📌 Nowadays we facing resistance zone of $1860 (2011-high) and this is important zone for the whole world. Here is the chart of GOLD (XAUUSD) as pic: Price consolidate in triangles over and over from 2007 and this is quite...
How will you capitalize when Gold is up $500 on a Sunday night? I am not looking for an answer; we futures traders think about it. Gold futures this week reached new all-time highs as anxiety surrounding an escalation between Israel and Iran (OPEC member) pushed the CRB index to its highest level since October as the raw materials basket entered the new bullish...
Swing short setup on GC1! Confirmations: - Bearish Divergence - Rising Wedge If rising wedge breaks to the downside, TP should be around 2266 - 2260
Keeping an eye open here, will encounter plenty of sellers of paper gold at these elevated levels. short term target $2,499 and expect a bit of selling then, with a possible continued trend upwards later on past $2,500
© Master of Elliott Wave Analysis: Shane Hua (CEWA-M) The outlook analysis suggests that Gold may continue to push higher, but there's a limitation on the upside potential due to the fifth wave. The target could be aimed at $2295 - $2327, and as long as the price stays above $2240, it's a positive sign for this bullish view. Any contrary forecasts against my...
Here's a 1-day chart, YTD view, commodities comparison with the tickerTracker MFI oscillator set to RSI length 7: Gold GC1! - bright orange Copper HG1! - dull orange Silver SI1! - light gray Palladium PA1! - darker gray Platinum PL1! - white gray Corn ZC1! - yellow Soybean ZS1! - green Lumber LBR1! - brown Wheat ZW1! - brown yellow Oil CL1! - black blue Gas NG1! - white
Dear analysts and traders, I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules. As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed...
**Levels recorded at 7:35 PM IST if Sustain above 2268 to 2269 then 2277 then 2286 then 2293 then 2304 if Sustain Below 2268 then 2256 then 2251 then 2233 then 2222 Consider some buffer points in above levels. Please do your due diligence before trading or investment. **Disclaimer - I am not a SEBI registered analyst or advisor. I does not represent or...
Gold surged above $2286 per ounce, marking yet another milestone in its remarkable ascent. This surge has persisted for two consecutive trading days, underscoring the enduring strength of the precious metal. The driving force behind this meteoric rise is the mounting anticipation of an imminent interest rate cut by the US Federal Reserve in June. Such a move is...
Gold is giving breakout of bullish triangle patter - targets are mentioned Trade and earn :-) GK
Welcome to our "Idea" where we delve into the fascinating realm of recognizing patterns in trading and leveraging them to your advantage. The core idea is simple yet powerful: patterns repeat themselves, and by understanding them, you can enhance your trading success. Our comprehensive lesson plan is designed to equip you with the skills necessary to identify...
HELLO GUYS THIS MY IDEA 💡ABOUT XAUSD nice to see strong volume area.... Where is lot of contract accumulated.. I thing that the sellers from this area will be defend this SHORT position.. and when the price come back to this area, strong sellers will be push down the market again.. DOWNTREND + SUPPORT from the past + Strong volume area is my mainly reason for...
Gold vs Bitcoin. Will Bitcoin always be better than Gold, going forward?
Cook mentioned this in the dream. So shall it be. Gold moves forward. Perhaps the Chinese send it there.
We are close to my previous price target for GOLD: In recent weeks, Gold has captured the spotlight by surging to all-time highs, signaling a potential shift in the precious metal's market dynamics! The breakout has garnered attention from investors, raising expectations for a new bullish cycle, with some setting a price target of $2500. Historically, gold has...
Gold daily analysis, decided to look at past. Came up with XABCD from November 2022 chart to Ukraine War when Gold turns Up. Coincidence it is playing out right now ? Making Dxy very weak to sellout. Just speculation not a trade idea. lets see if plays out. Percentage of Traders expecting XXXUSD trades to sell is 80% up.... Guess what the Market does.
The war against sound money... keeping a "lid" on the price of the worlds biggest asset and truly the only real collateral in the world. Is being slowly lost. We have a continuation head and shoulders that many people are watching. But something to note Is that the previous times #Gold has traded above 2 thousand dollars The smackdown has been quick and...
Good evening and i hope you are well. Gold Quote from my weekly post: short term: Neutral. Bulls could break above 2200 again and bears could also break below 2140. bull case: Market seems bullish enough for 2220 test again and i think it this time it will break again for retest 2247. I’d be surprised if we get big sell volume around 2220 again. Market...