Gold is in downward trend, expecting to continue the same
I'm waiting for price to cross over the 5 day ema for gold long entry
Title: Gold Futures ( GC1! ), H4 Potential for Bearish Continuation Type: Bearish Continuation Resistance: 1881.6 Pivot: 1863.5 Support: 1820.1 Preferred Case: Looking at the H4 chart, my overall bias for GC1! is bearish due to the current price crossing below the Ichimoku cloud , indicating a bearish market. Expecting price to possibly drop from the pivot at...
Hey Traders! Here Is Another Update Of Gold Be-careful As Per My Analysis Every Pump Is A Selling Opportunity ( Good Luck ) :)
Title: Gold Futures ( GC1! ), H4 Potential for Bearish Continuation Type: Bearish Continuation Resistance: 1881.6 Pivot: 1863.5 Support: 1820.1 Preferred Case: Looking at the H4 chart, my overall bias for GC1! is bearish due to the current price crossing below the Ichimoku cloud , indicating a bearish market. Expecting price to possibly drop from the pivot at...
Looks like gold is going to have good run for next few days unless its goes down 1843$
The point at which the price touches the resistance levels (a & b), the volume tends to be high with a candle body indicating selling pressure. This is accompanied by a decrease in volume when the price moves upwards (from c to b, and from d to e). With the decreasing impact of COVID-19 on the economy, the need for gold as an asset value protection is gradually...
Gold continues to extend its downside movement throughout the week. However on Friday, retraced a portion of the move, stalling at the resistance zone at 1853. The retracement move on Friday can be seen primarily due to the downside move being extended using the 50 exponential moving average (EMA) of the 4 hour time frame as a reference as shown on the main...
Weekly Kickoff levels are longer timeframe levels where we believe longer time traders will adjust inventories.
Advice to buy gold. place the stop loss and take profit as shown in the chart
First till this moment when I share this trade I'm a beginner . S based on my strategy i see the gold falling down . in case you want follow my trade . LET YOUR RISK MANAGEMENT BE YOUR HELPER
Title: Gold 1 Futures ( GC1! ), H4 Potential for Bearish Continuation Type: Bearish Continuation Resistance: 57455 Pivot: 56476 Support: 55056 Preferred Case: Looking at the H4 chart, my overall bias for GC1! is bearish due to the current price crossing below the Ichimoku cloud, indicating a bearish market. Expecting the price to possibly drop towards the support...
People are conditioned for big downward moves in metals as it happened after the March highs of 2022. But always expect the unexpected. The current level is a perfect bullish retest to test the former highs. Stop loss below 1830.
Title: Gold Futures ( GC1! ), H4 Potential for Bearish Continuation Type: Bearish Continuation Resistance: 1881.6 Pivot: 1864.8 Support: 1836.9 Preferred Case: Looking at the H4 chart, my overall bias for GC1! is bearish due to the current price crossing below the Ichimoku cloud , indicating a bearish market. Expecting price to possibly drop towards the support...
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
Title: Gold Futures ( GC1! ), H4 Potential for Bearish Continuation Type: Bearish Continuation Resistance: 1881.6 Pivot: 1864.8 Support: 1836.9 Preferred Case: Looking at the H4 chart, my overall bias for GC1! is bearish due to the current price crossing below the Ichimoku cloud , indicating a bearish market. Expecting price to possibly drop towards the support...