Trend breakout to the down side.Gold has been trading on a uptrend for a while on the H4 timeframe. It recently broke out to start a down trend. Currently it is trading under resistance which became a support area and heading towards 2,294.Shortby siphesihlemadikane5112
📉 Gold Futures Parabolic RiseThe black curved line on the chart is called a "parabola," as in "parabolic rise." A parabolic rise tends to lead to a very strong correction. The only way to sustained a parabolic rise is... Well, it is impossible, the Gold market fluctuates between up and down. The peak, ATH, happened on the 8-AShortby AlanSantana3336
Gold Continues Higher . . . Look for Small PullbackWhere are we today? We are in a rising wedge . . . and there is a risk that gold eventually breaks this primary trend levels . . . but, if past is prologue, then we should see a 15 minute retracement into our next buy at the 4 hour HWB long setup. . . around 2391-2393.6 area. by CeresTraderUpdated 119
GOLD Price Stability Amid Rising Global TensionsOn Tuesday, the price of gold stabilized as mounting geopolitical tensions spurred demand for the safe-haven asset. Escalating protests against Israel’s presence in Gaza, Russia’s initiation of a new conflict in Ukraine, and concerns regarding potential disruptions in global trade have heightened tLongby FOREXN1Updated 225
DXY Silver gold5.20.24 this videos is about you markets the that are coming to are target on an ABCD or any other pattern....but has very aggressive price action that suggests that this is not a reversal.24:26by ScottBogatin4
Gold versus SilverGold versus silver hitting a massive support area at 75. This is why silver's ascent is halting versus gold. #gold #silverby Badcharts3
GC1!_Short-Term TrendGold could get one more poke into the green box extension area noted on the chart, but as price continuously tries to confuse us, I actually think a c wave subdivision of the Minuette (v) Ending Diagonal is likely and warranted, here. I have zoomed out to show some fib confluence at the top end, soLongby CuzDeluxUpdated 4
Selling is done in GOLD?2258 support held, but 2340 is now offering resistance. We have Buyers pushing the prices up for sure, see the GREEN UMVD started last week. We have gREEN Bars but TrapZOne is still RED> Longby SnowflakeTraderUpdated 9
GoldThis not a trading signal, this is just my opinion and if you copy my trade the risk is on you. Gold on the daily chart , is @ resistance retesting the previous highs before pulling back to the support levels around $2,353 therefore im entering 2 trades ( one Selling to the support level, and otherShortby sahli073
2024-05-20 - a daily price action after hour update - goldGood Evening and I hope you are well. Gold comment: Another triangle 2412 - 2440 which I expect to break down below and we get a second leg down. The measured move target is 2375, coincidences… Besides that, bulls got the 2450 and market showed bigger rejection again. Bears need follow through Shortby priceactiontds1