TVC:GOLD has broken major support areas and is not trending downwards, forming a series of Lower Lows and Lower Highs. Currently, the price is in discounted range where we can look for selling opportunities.
Trend is downward.Market Rejected by the 50 EMA . SR SL TP are given here.Result will be published soon.
I see a W structure with double top at 2327-2320 levels with strong resistance at 2330 to push gold down to 2310-2305 levels Gold sell 2327-2320 Safe sell 2335-2327 Tp levels on the chart Happy trading
XAUUSD is currently exhibiting a neutral stance on the 1-hour timeframe, trading between support at 2238 and resistance at 2335. The price action suggests a consolidation phase, indicating indecision in market sentiment. Traders should monitor for potential breakout scenarios while considering key technical indicators for confirmation, exercising patience and...
👋Hello Traders, Our 🖥️ AI system detected that there is an ICT Long setup in XAUUSD for scalping, Please refer to the details Stop loss, Demand Zone(Buy Zone), TP 1 and TP2 for take profit. For more ideas, you are welcome to visit our profile in tradingview. If the price had hit the TP2 when you see this idea, please wait for next idea. Have a good...
The price perfectly fulfilled my last idea. It played out nicely and hit the target. OANDA:XAUUSD is pulling back towards the resistance zone after breaking the strong level at 2300. The market is forming a bearish flag formation, as I mentioned in my weekly forecast. Today we have high-impact news, so I think it might continue moving downward if DXY moves...
2189$ can be the next target? before uptrend to 24k, 25k , 26k. The sharp V-shaped irrationally lead the sudden rise and then creating a quick inverse V-Shaped and rise in the bullish trend to complete the bullish retracement in the aftermath. A V-shaped mostly occurs in the Bullish trend and then show reversal trend, However this may create a strong bearish...
Daily live trade with XAUUSD in 15m/30m/1h 20240430
GOLD is FLAT ; corrective wave (long bias) Market Condition - Reaccumulation ST Washout / Correction (Suspected) Market State - Re-accumulation Local Trading Range (+possible washout) - ** no clearly defined local trading range parameters. Market Context - No active trading range
Recently, the market has been discussing the impact of the geopolitical situation and US economic data. In terms of the geopolitical situation, Israel continued its air strikes on the Gaza Strip on Monday, causing many injuries. However, at the same time, the two sides have begun to enter the negotiation stage. Hamas leaders arrived in Cairo to hold a new round...
Observation...? 24th April 24 9.00am - London Session Entry 2311.776 Profit level 2416.306 (4.52%) Stop level 2263.035 (2.11%) RR 2.14
DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 29 April 2024 SELL LIMIT Order: $2342.60 Stop Loss: $2352.89 Take Profit 1: $2332.57 Take Profit 2: $2319.22 Risk per trade: 0.5%. MT4/5 trade expiration: Today 100% mechanical strategy, zero analysis, zero...
- This is the main case right now. - Bullish scenario invalidation is at 2305. - We can go to all time high from here or stall at around 2395 to truncated wave 5.
I saw break of structure on smaller timeframe,and we are also on daily sibi from last week,and we respected the zone of sibi.
Friends, I determined the downward targets for gold based on the harmonic downward pattern. So far, the first target has been hit. We are waiting for the price to reach the next targets.
On H1: Price is testing 2350 and forming a retest of the consolidation boundary. If the price consolidates above 2328-2330, it is likely to head to 2359, and then it can easily reach 2398. Since fundamentally everything is at the same level, and from a technical point of view we see a correction and a strong sell-off, the market also has a high chance for a...
Gold price is in a DOWN correction, expected to be below $2300...
According to analysts, withinside the quick term, the truth that americaA Federal Reserve (Fed) has now no longer reduced hobby charges will boom the price of the USD, thereby inflicting gold to greater or much less go through positive pressures. However, withinside the medium and lengthy term, gold is forecast to boom in an surroundings of excessive inflation...