i think gold have two scenario for continue her range scenario 1 is my favorite
Gold short based on the range it has been sitting at for the last few weeks in order to fill buyers at 1985-1950
Gold continues to trade within the range between 1985 and 2025 region. Short term trend can only be identified when price breaks out of the range and would likely be this week due to the upcoming FOMC.
Heads up previously, had already mentioned previously, there was bullishness in Gold, but not enough and it was way too stretched to be at the top of the (constipation) range. The weeks went by and few things are very clear here: 1. There is a third lower high (not bullish) 2. Gold is breaking back into the range (really not bullish) 3. The MACD is weakening, the...
after 10 days of side move, this week will be the game changer! imo, this week gold will goes to $2029.5, if the price held this zone and we not see a bearish pivot, next target probabbly $2090. if the bearish pivot confirm market structure shift, gold will drop to L.V. ultimately, C.E will held the price and gold will ready to reach $2090.
So far so good for gold's commitment of traders review... total longs breaking out net now above total shorts #xauusd #gold #fintwit #silver #xagusd
What You Guys Think Of Xau Usd Next Week Analysis Share Your Views
Hi every one gold reach there top leval 2024 August best time for every dip buy for invesment and trading you can ask financial advisor or contact any gold expert
Futures about to rip the cord if you know what I mean. Could make one final lower leg before rallying to the upside after breaking the cord.
In recent days, Gold got decent appreciation, now, this is time for retracement
Two posible scenarios 1) Bullish continuation (as the idea related linked) to 2100 or so by June this year. 2) Bearish move to the final bottom around 1720-1740 by August -September. - A corrective strong move is pending. It could begin from this last week top or from a posible "expected" top higher at 2100 or so. - Dollar is again at support 101 and not...
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