Intro - Don't have any time this morning, so to sum it dungo jinxed London sessio now we have to do 2460 the hard way.
Details - Ditto. Obviously 2460 right? Is that still obvious? Will add if time.
Gold prices took a dramatic plunge, dropping $20 in just 30 seconds following the U.S. inflation announcement, which exceeded market expectations. Inflation in March rose by 0.4%, surpassing the anticipated 0.3%, putting the Federal Reserve (Fed) in a tough spot regarding future monetary policy decisions.
Inflation’s 0.4% increase in March, pushing the annual...
Introduction - This is continuation of a series that intends to deliver you 5500 in November 2025. I did say I would not make another public post because of what I felt was bad policy. That should not, however, punish the entire field of TradingView users from the benefits of the incoming rally to 2450, 2500, and ultimately 2675+ before 05/01 FOMC.
From Here On...
Hey Everyone,
Please see our updated 1h chart levels and targets for the coming week.
We are seeing price play between two weighted levels with 2355, as our Bullish target and 2312, as the support target.
We are looking for a retest at 2355 and a further ema5 cross and lock above this level will open the levels above. Failure to lock will follow with a...
Hey Everyone,
What a fantastic finish to the week!!!!!
Yesterday we shared our completed 1H chart idea update and today we completed our 4H chart idea.
We started the week with our first bullish target hit at 2348 on this chart. Followed with the lock confirmation opening 2367 and then completing the first range.
We then had the ema5 lock above 2367 opening...
A lot of traders apply trend lines for trading and making predictions on different financial markets.
Trend line can also be an important element of price action patterns.
However, only few knows that some trend lines are better to be avoided.
In this article, I will share with you the types of trend lines that you should avoid and not rely on for...
Hello dear friends, let's discuss and strategize with me today!
Gold is in a period of sustained and rapid price growth, with its eighth consecutive day of gains, showing no signs of slowing down. The latest CPI data is seen as an important factor that could influence gold prices, while the NFP report did not have a significant impact. Market sentiment is...
Hey Everyone,
Another Piptastic day with our chart idea completed with our final target at 2364 HIT. Once again you can see how well our levels were respected in a range where no one has any existing levels to go by, but our averaged levels are being respected to perfection like magic!!!
After yesterdays rejection into 2324, where price found support, as...
Intro - This should be the next step on our way to 4800. 5500 is now unlikely considering what Friday's top means going forward.
Details - Will break it down as we go. But be aware, I am not going to as helpful as I usually am.
Hey Everyone,
Yesterday we hit the 2364 target completing this chart idea.
This followed with the rejection into 2338 and 2324, as no further lock above 2364, which is a good area of weighted support providing plenty of bounces inline with our plans to buy dips.
If this level holds we are likely see another attempt at the levels above for a test should 2324 now...
Hey Everyone,
Another PIPTASTIC day on the chart for us today!!!!
After completing all our Bullish targets earlier this week, we stated yesterday that failure to lock below 2338 and 2324 will establish support above this range for another retest at the levels above.
- 2324 Goldturn held as support confirmed with our algo for the bounce and BOOOOM straight to...
Hey Everyone,
Great start to the week with our first target hit at 2355 - BOOOM!!
We now have a lock above this level leaving 2382 open.
We will continue with our plans to buy dips and also keeping in mind our retracement range at 2312.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the...
Gold prices (XAU/USD) regained positive traction on Thursday and partially reversed the hotter decline caused by US CPI the previous day, although continuation was lacking. The US Dollar (USD) stands near the YTD peak reached on Wednesday and remains well supported by expectations that the Federal Reserve (Fed) will delay interest rate cuts amid persistent...
Spot Gold fell on Wednesday as the US Dollar unexpectedly rebounded from XAU/USD losses on risk aversion, however, very modestly compared to other USD rivals, as Gold benefited from the strong sentiment. its safe haven.
Inflation exploded when the United States (US) reported sky-high inflation in March. According to the Bureau of Labor Statistics (BLS), the...
Greetings, esteemed investors. Today we stand at a crossroads, pondering whether to bask in the glow of gold once more or to reel in our sails.
Yesterday, gold experienced a tumultuous shake-up, with its price briefly tumbling to the depths below $2325. However, in a dramatic turnaround reminiscent of a thriller, it swiftly regained its luster, climbing to a new...
Hello dear traders! Come discuss and strategize with me today!
Today XAUUSD is still moving according to the strategy of continuing to trade below the $2365 resistance level that needs to be broken.
I still maintain my view and continue to wait for a market correction signal (as indicated on h4) with a target of 2280 USD and a retest of EMA 34.89.
Today, the price of gold witnessed a notable ascent, initially surging to $2,352.5 as the Asian markets opened, before cooling down and stabilizing at around $2,345.
This persistent upswing in the precious metal has been fueled by demand for safe-haven assets amidst concerns over ongoing conflicts. Meanwhile, markets await the release of the Federal Reserve's...
FX:XAUUSD updates another high to 2431.4 and then begins to shed heavily amid profit taking by traders. The weekend also proved to be fundamentally important for the markets, which may react strongly.
Most of the nearly $100 drop is due to profit taking by traders as the price reaches psychological levels, but the drop to 2300-2350 allows to find new buyers at...
