If monthly fails to gain 1997 I expect a leg lower innit
m30 Gold chart show stoploss hunt before breakout also this break put is on US market open time hope this is wining trade
sell here at this we see SHORT vv 2007 vv TP __1980 __
In this update we review the recent price action in the #Gold futures contract and identify the next high probability trading opportunity and price objectives to target
Do you see how well those Gann fans squared work? -- Gold consolidates at the Gann confluence and either flags to resume is present path along its Gann ray, or it puts in a reversal at the Gann confluence (the crisscrosses of the fan lines). It most often resumes its path along the fan rays. I currently have two possible paths for gold. The first possibility...
GOLD - Short GOLD starting its downtrend - Below marked pink areas are targets and reversal zones. - Strict SL is given. - Analysis done in 1h time frame
Gold on down impulsive wave very high volatility support become resistance with candle congestion act as resistance
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 2002/61.80%
Have you been following my research? My research and application of Technical Analysis is different than most others. I use techniques that align price action with advanced Price Energy cycles/waves. I still use traditional Technical Analysis - but my application of the data is vastly different than most others. I've been doing this for more than 25+ years. I...
last week was the first weekly close below 2k in GC since the recent breakout. Weekly chart highlights the multi-year range, big question is whether sellers have enough to re-take control of near-term trends this week. I don't doubt that Gold can prod a lasting move above 2k, I just don't think that'll happen until the Fed pivots and I'm not expecting that while...
Flat correction going to finish soon? I hope 3th down wave is coming soon also this point is support becomes resistance
Gold trades in consolidation between the 1985 and 2025 region throughout the week. A breakout of the 2025 resistance region can push price towards 2080 while a breakout of the 1980 support region can push price towards the 1942.
Slowly getting there Monthly suggests moving higher to complete move up from 1999 Weekly while below 2078 could see a deeper correction before the next retest higher Daily showing the first wave of a move higher so now we need to monitor the 2078 weekly high and possible topping pattern in daily to measure momentum.
22th April Gold - Support 1970/80 Break below 1970 = shall see 1920. Immediate resistance - 2025
Weekly Kickoff levels are longer timeframe levels where we believe longer time traders will adjust inventories.
Gold to silver ratio rejected by MA10, continue cup and handle construction.
Cup and Handle formed on Gold recently. We had a break above the brim level. Now we are having some kind of retracement, for Smart Money to pick up orders before heading on up. 7>21>200 Price>200 RSI>50 Target HKEX:2 ,351 SMC: Sell Side Liquidity order block is just below the handle of the C&H. This is also where the powerful 200MA is. When the price came...
After a long upside run, gold is making a clean trend down with almost 4 touch points so far. A trend breaking to the upside could give a good RRR.