Wait to see use my idea, SNR Gold already break Sell the next way it will make it the domain break for 23-04-2024
GOLD WEEKLY TIMEFRAME - Resistance at $2400 - Weekly FVG present below $2300, waiting for an internal raid lower (Yellow Zone) - Please note the Discount Order Block below the support (Green Zone) - Price took out the internal liquidity and has moved into our FVG (Yellow Zone) - Will look on lower Timeframes for a possible trade during trade session...
Hello traders. I caught some pips today but with so much downside I decided to wait to see how the daily closed. Wow. And in total with the new daily candle we have moved down almost $100. Saying that, my analysis from yesterday is still valid. We did drop that far and I am watching the marked area where my buy limit is set. I will adjust and move it down a...
Am looking for a sell setup on the current market structure. Fundamentals might be the opposite and the market can shoot upside am not ignoring that part but I don't trade that way, I'll avoid any buy setups and focus on sells. This down wave might break the bullish trend and move a little far and this is based on technical wave analysis and market structure....
XAU/USD, gold/US dollar, is showing signs of a potential drop in day trading. Technical indicators point to a bearish outlook, with the 50-day moving average crossing below the 200-day moving average and the RSI indicating overbought conditions. The US dollar's strength and the Federal Reserve's hawkish stance are pressuring gold prices. Day traders can consider...
FX:XAUUSD is breaking the bullish trend structure, earlier I pointed out that the market is preparing for a reversal amid liquidity capture at the expense of buyers. The market is testing support for a breakout Idea from April 19: GOLD → One step away from a correction? What's going on? Selling since the opening of the session. Price is testing local lows...
I'm of the belief Gold is putting in a cycle top in 1-2 months and should fall in the 2400-2500~ range - After this I'm expecting a very long and deep correction lasting many years perhaps a decade - I expect to see gold sub 1k in a few years.
XAUUSD SELL TP in the chart SL in the chart Good luck guys Note: To reduce the risk on your balance you have to use only 2% of your balance. - - - - - -❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️.
H4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Price has now printed a bearish which confirms the initiation of pullback which was needed by all HTF's. Following the bearish iBOS we now expect price to pullback. Intraday expectation would be for price to retrace to H4 POI or 50% EQ to then target weak internal low. H4 Chart: M15 Analysis:...
We previously observed a bearish reversal on GOLD. Following a period of consolidation, the market has now formed a significant double top pattern on the 4-hour chart. The neckline of this pattern, a key support level, was broken during the Asian session with a strong bearish candle. It is likely that the pair will continue to decline towards the 2270 support level.
By examining gold in the 1-hour time frame, we see that according to the latest analysis, exactly as we expected, gold faced an initial negative reaction when it entered the specified supply range, and today, with the opening of the market, this drop continued. We saw that the price was able to correct up to $2351 with more than 400 pips and collected the...
The Price of Gold XAU/USD Shows Strongest Fall in Almost 2 Years On Monday, the price of gold fell from USD 2,386 to USD 2,333 per ounce — this is the strongest drop in one day in almost 2 years, according to Bloomberg. On Tuesday morning in the Asian session, the price continued to decline, reaching USD 2,300 per ounce. This happened against the backdrop...
Dear Traders, Hope you are doing great, Gold declined from 2417$ mark and dropped significantly 600 pips on first day of the week. This implies that Gold is likely to make major correction before it rebound and continue the bullish trend. For us, we can enter now with accurate risk management and target 2300$ first and then our second target can be at $2280. The...
Hey everyone this is Nathima, please check out the update on gold for now there are two scenarios let discuss the first one First things first yesterday gold was strong bearish and made lower lows also there were pullbacks but the whole move was bearish and that move filled all the imbalances and swept all the liquidity resting below there is still some...
The price is at the bottom of $2300, which is an important psychological number for failure, and I think buyers will come in, you can buy from here to the target of $2350, and if this resistance is broken, $2400, and the price can also see the target of $2430. Good luck
Please, check our technical outlook for GOLD. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 2340.10. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all...
Two zones for selll with blue arrows So these zones will be our options to entry every zone have risks.Make sure before entry we're gonna find confirmation first.
Gold has found support on $2300 FOREXCOM:XAUUSD OANDA:XAUUSD . We could expect a rise of 60pips before any new setup. Use risk management , this is only a trade idea. Let me know in the comments section what other pair would you like us to share an idea on. Happy trading TVC:DXY