Hello traders ,what do you think about GOLD? Gold reached the ceiling of the channel and the resistance zone of 2200 with its continuous growth. It is expected that we will have a downward correction to the specified levels. If this post was useful to you, do not forget to like and comment.❤️
I am going to reveal a powerful fibonacci trading strategy that I learned many years ago. It combines structure analysis, fibonacci retracement and extension levels and candlestick analysis. Step 1 Find a trending market - the market that is trading in a bullish or in a bearish trend on a daily time frame. AUDUSD is trading in a bullish trend on a...
This is a long analysis I made both for myself and to share it with you, I have to say that, I don't usually trade Gold. And I won't be able to comment on the current state of world and news. So this analysis will be focusing only on the charts, please consider the market data and news before taking any position. I summarized everything at the end of the post... ...
By checking the gold chart in the daily time frame, we can see that the price was able to grow to $2195 last week and finally the weekly candle closed at $2179! Today, we saw the price rise to $2189, and after that, gold was accompanied by a price correction and fell to $2176! Pay attention, if the price stabilizes below $2200, we can see more correction of gold!...
Pair Name Gold Time Frame : 4 hrs ------ 🌐 Welcome To Golden Engine / Volume Profile World 🔗 Key Technical / Direction ( Buy / Sell Idea ) Mid Term Type : Mid Term Swing —————————— Bullish Break 2170 Area Reasons - Major Turn level / D - Fixed Range lvn - Pattern Break - D / w h break - De Value Area Bearish Reversal 2225 Area ————— Bearish...
Today's world gold price is listed on Kitco at 2,175 USD/ounce, up 17 USD/ounce compared to early yesterday morning. World gold prices rebounded due to the weakening of the USD as investors still hope that the US Federal Reserve (Fed) will cut interest rates in June despite high inflation in the US. Meanwhile, escalating geopolitical tensions cause safe-haven...
By checking the gold chart, we can see that yesterday, as we expected, gold went down and was able to correct up to the range of $2153! After that, it was accompanied by price growth again and entered the supply range of $2172 to $2180 and is currently trading in the range of $2166! If the price stabilizes below this important range of supply, we can expect more...
Gold prices today (March 16) in the world continue to decline deeply, after the US announced more positive economic information. The USD continues to strengthen, causing investors to continue taking profits from gold. The world financial markets received more positive economic information from the US. Specifically, the US economy announced that monthly industrial...
Introduction - So I've been writing the 2340 series and moving the dates back and forth. I realize now, that the whole move should be understood in one frame. This is that frame. This is the work that I have worked on for 8 years, to be able to make this call. I have checked, confirmed, verified etc... that I am correct in presenting this forecast. So with...
Introduction - This is what Binary Forecasting Service's trend engine says should happen in 48 hours, completely detailed. Details - I've confirmed the likelihood of the first part with no boxes. That is: 1) zig-zag to PPI at about 2175 2) explode to 2215 3) check-down the previous 2195 high 4) bounce and close NEAR OR AT HIGH OF DAY 5) this point is...
World gold price stood at 2,175 USD/ounce, a sharp increase of 18 USD/ounce compared to the same hour yesterday morning. Gold prices rebounded due to support from the weakening momentum of the USD. At 6:35 this morning, the Dollar-Index - measuring the strength of the greenback compared to 6 major currencies, decreased by 0.12% to 102,394 points. This makes...
Yesterday I said in my prediction that if the price of gold falls below $2,170, it will continue to fall. Today, the price fell below $2,170 after repeated fluctuations, with the lowest point reaching around $2,156. Judging from the 60-minute chart, the 20-day moving average and the 50-day moving average are about to form a death cross, and the MACD value has...
Gold Trading Strategy: Today's gold market continues to face downward pressure, hampered by lingering risk aversion sentiments that bolster the US Dollar's appeal, trapping it in a bearish trend. For short to medium-term strategies, consider prioritizing SELL positions as the charts reveal a convergence between the EMA and resistance levels. XAUUSD SELL zone is...
Gold is currently moving below a downward trend line on the 1-hour timeframe. With today's news, it is expected to be able to move up to the upper bound of the downward trend line and then continue its downward movement to 2150 after touching the range of 2178 - 2182. 📉
The world gold spot price is around the threshold of nearly 2,158 USD/ounce, down more than 24 USD/ounce compared to the transaction at the same time yesterday morning. Yesterday, the international financial market received information that the consumer price index (CPI) in February in the US was higher than expected and the previous month. Specifically, the US...
Hey Everyone, Once again our chart idea played out level to level once again! We had the 2184 target hit yesterday but ema5 failed to cross above and therefore as stated we got the drop into the highlighted retracement range followed with the perfect bounce into into 2178 , as already market up on the chart with arrows from Sunday. We have also updated our...
Hey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are seeing price play between two structures and testing support at 2155 Goldturn with a retracement range just below at 2147 weighted level. If we see the 2155 hold then price will head towards our Bullish target at 2166 and a break and lock above 2166 will see the range...
Hey everyone! Welcome back to the TradingView Weekly Digest. In today’s edition, we’re highlighting the top posts from our community, which includes a video tutorial on our newly revamped screener tool, an informative post about portfolio diversification, a hot script on tick data, and all the latest headlines, earnings, and economic events. 💡 Diversification:...