Now Rising Wedge Pattern Target achieved. Wait for completion of Retracement to Next Trade.
today on monday market has very less momentum. strong support at 2346-2348 region. pivot point 2356 strong resistance 2356, 2361, 2364,2375
I decided to take a look at the GOLD chart on the weekly timeframe and see what is happening and what might be expected. The AMD cycle (Accumulation-Manipulation-Distribution) or otherwise PO3 (Power of 3), so, I drew what I saw. Otherwise, I see a repetition of the decline-up, and it seems to me that a decline of about 175 days should begin soon (the average of...
Hello traders, we want to check the XAUUSD chart. The price has broken the descending channel upwards and pulled back to the indicated support level. We expect the price to maintain its upward trend and grow up to around 2398. Good luck.
TVC:GOLD looks like it's gonna give a major retracement towards fib 50-75% levels on daily timeframe. As It showed bearish momentum and broke the major support areas before that, It's now trading in premium prices to look for short setups
possible 5 waves of c or y of larger a developing. target of 2200 to 2160 for now before bounce around 385 50%
Hello traders! Hope you're all thriving! 📉 Yesterday, gold took a dip, but now it's caught in a range from 2334 to 2338.4. 📊 Two potential biases await: 🔍 Bias 1: If gold breaks above and closes higher, expect thrilling buying opportunities! 🚀📈 🔍 Bias 2: If gold breaks below and closes lower, brace for potential sells to the downside! 💼📉 Let's navigate these...
#GOLD..perfect move as per our video analysis.. And now market just near to his swing region. That is 2343 around Keep close it guys it's your area area for further move to anyside at least 15 points.. (BUT ONE THING IS KEEP IN MINE THAT 2342 BELOW CUTT N REVERSE VALID) Don't be lazy here and keep close . Good luck Trade wisely
If you can't read divergences and charts at this point who am I to say anything about that
This is on a higher timeframe so it will take time for the positions to play out if this is accurate. There is always a chance that the market can continue in the opposite direction but in the current state, trading based off of what I see, there has been a clear break and retest on a major trend line. I always look for major support and once support is broken, I...
Here on Gold price has be going down and able to break the trendline and retest and the same zone so it like to rise more as the trendline has broken . So is expected to go for LONG and expected profits should be a psychological level of 2385.000 (TP1) and another psychological level of 2390.000 (TP2).
Gold is at $2390 area follos the foot steps of rising wedge ,we are expecting the impulsive downfall of gold at the trend line .however, any 4H candle close below trend line gold will at $2300. todays we have jobless claims fundementals. A cup and handle formation is also created in 1H time frame we are expecting the monthly candle should be closed on sell.
Hey team Hope you are Enjoying our ideas and Analysis, Today we are monitoring XAUUSD for Bearish XAUUSD (UPDATE).... Short from Trendline 🔥🚀 Gold again To Retest the Resistance & Trend line of 2397-2402 But it is Strong key level so I think that there is a high Chance that we will see a Bearish Pullback and a move Down..
We can see gold down trend line perfectly ok still. selling pressure will occur on Monday forcing us down to test 2352/2354 (.50) fib. Failing to hold here look for a push to test the 2330's level
Hello, a quick on here. Gold continues its rally on strong China news and demand. It did exactly what I expected in my last update : 2 50% retraces and now as you can see on H4 a trend. I am already in big, otherwise I'd buy on a new touch of the trendline. We are entering the part of the cycle where it gets so strong I am unsure we'll even touch that line...
When it comes to effective trade management, overcoming the fear of taking a loss can be one of the biggest obstacles. Let's delve into strategies to address this hurdle head-on. 2 Truths and a Lie Which of the following two statements do you believe to be a lie? A: Successful trading is about achieving behavioural consistency. B: Successful trading is...
Sell Gold from now and all the way to near stop loss point Gold will be down This is wycoff wave
In case of formation of Bullish patterns in the price area of 2320-2350, it is recommended to buy in the medium and long term .