A good short opportunity persists with Sell Stop entry at the breakout under the Pole. Since No divergence is seen hence the trend seems continuous. This is not a Financial Advice DYOR.
The gold market seems to be painting a highly optimistic picture for those with an eye on the long-term trend. One of the most compelling technical patterns, the 'Cup and Handle,' is currently evident in gold's price structure, signaling the potential for a significant bullish momentum in the near future. This pattern, when viewed on a macro scale, can often...
Right away from the distribution phase@2417-2362 ... the market behavior then makes its drop impounding on the primary demand zone @2291.. to make a clear moves retracement to activate the key sell momentum ... according to weekly timeframe....the weekopens making a pullback to supply .comment your opinions ,boost idea, and follow for more insights ..thanks ✨
Not as expected, Gold didn't retest 2400 zone but went straight down.
This is a lesson learned to control risk and have patience.
There is always trading opportunities. No need to rush into a trade.
Forcast next week:
Gold should first go up to 2364 then to 2290.
Happy weekend and Have a balanced life.
This is a Weekly post for several pairs showing HTF Markup only using Smart Money Concept (SMC) on Weekly, Daily and 4H Time Frames.
Feedback will be highly appreciated.
U.S. Dollar Index TVC:DXY
Weekly:
Daily:
4H:
Gold Spot / U.S. Dollar OANDA:XAUUSD
Weekly:
Daily:
4H:
British Pound / U.S. Dollar FX:GBPUSD
Weekly:
Daily:
4H:...
XAUSUD is shown here on a 15 minute chart. Spot gold priced in USD is a reflection of the
value of gold in the market as spot gold as compared with the dollar value. The dollar value
can be affected by federal economic news such as FOMC meetings as incoming data. A surge
in spot gold could represent a fade in the dollar value. Similarly a fall in gold...
Spot Gold has fallen 5% since the Middle East conflicts have lessened at least transiently. Other
fundamentals like the Chinese government and indeed its citizens as well as the central
banks of several nations buying gold in high volumes support price from significantly falling from
here. Supported by volume profile specifics as well as the Fibonacci...
Hello brian, let's find out about gold price today!
Currently this precious metal has surpassed more than 15 USD compared to the same time in the session yesterday. Accordingly, the rising momentum was supported in the short term of the cow side that remained stable in the price increase channel and established the high levels of the bottom.
It is expected that...
Gold prices (XAU/USD) attracted buyers for the second consecutive day on Friday, trading just below the overnight high during the European trading session. The US GDP report released on Thursday indicated a significant loss of growth momentum at the start of 2024, along with an unexpected rise in inflation, thereby providing some support for the precious metal.
1. Break of Structure 2332.15 which initialises the other 4 steps
2.MSS OR BOS @2337.29
3. Wait for body of candle to close above this then enter in half of total lot size
4. Wait for a 2 confluences on a lower time frame (15min)
5. ALL IN!
EIGHTCAP:XAUUSD CAPITALCOM:GOLD FXOPEN:XAUUSD OANDA:XAUUSD
high rick with high reward
control your emotional when entry the market and believe in your analyst skill
BEWARE OF SCAMMER & FAKED ACC ‼️
- I don't need your money
- Never ask for money
- No account management
- No paid signal
- No personal Coaching
- Not selling/provide anything
- No investment plan
Everything Here are FREEEE‼️
I believe gold is real wealth.
You can hold in your hand, protect it and use it as you see fit.
Hold a stack of gold coins in your hand and see for yourself that there is nothing else quite like it.
There is also the metaphysical property of gold to attract more wealth, acknowledged in many cultures.
This has been true for me since I started accumulating...
If you are my follower, I believe you must have followed my trading strategy of shorting gold in the 2345-2350 area. The gold market did not disappoint us. After hitting a high of 2352, gold's rise stalled and continued to fall. The lowest fell back to around 2329. So our gold short position went on to make very substantial profits and once again maintained a...
During the day you can trade from these price levels. Finding the entry point into a trade is up to you, depending on your trading style and the development of the situation.
If you expect any medium-term price movements, then most likely they will start from one of the zones.Relevant to use as a location for installing TP.
Levels are valid throughout the day,...
Gold has been bullish against the US dollar in recent day trading sessions, driven by geopolitical tensions, economic uncertainty, and a weakening dollar. Technical indicators support further upside potential, with traders likely to continue buying into gold as a safe haven asset. The outlook for gold in day trading remains positive, with potential for continued...
