Short from: 2082.901 Take profit: 2057.223 Stop loss:2091.458
Hey there! Bullish on GOLD, I've set a buy limit! A beautiful RR of 2, entering on a RMID (Range Manipulation Initiation Distribution) that aligns perfectly within the fibo OTE with an additional BreakerBloc. The conflicts in the Middle East and US involvement in these conflicts are not necessarily reassuring, whether it's for gold, Brent, or forex in general....
Intro - We are still on DRAFT 1 (link is below). Should the gold gods favor massive underdogs this time around, it should be this route that bulls take to salvation. We will know by Tuesday 3 AM ET, the hour in which bears of the UK (also known as LBMA) unite and - in their vanity - attempt to put this bull market six feet under. It is undoubted true that bears...
Gold experienced quite unusual high volatility and movement to the upside. The question is, will the resistance 2088 USD/oz hold this week, causing the price to drop? The retracement as depicted is a possibility. Even more if the 2080 USD/oz level is breached. __________________________ Information Regarding Important News and Figures can be found here in our...
This analysis is a bull-bear market where bears temporarily sell to counter buyers & buy limit orders, this is for liquidity traders. We will enter with the sellers now & but at the breaker block.
This week is a data cycle, and we need to pay attention to the release of the February non-farm payrolls report during the week. Gold may face major tests and abnormal fluctuations. At the same time, the market will pay close attention to the content of Federal Reserve Chairman Powell’s two-day testimony before Congress. Gold cannot only look at the current...
Hey there Gold has now peak position will be Touch above 2100 or 2145 In Fibonacci retrace it’s tell that can buy from 2078-2075 So we can See a buy scenario in this week but on Friday we had also NFP News head on will drop before go peaks
Gold made a major breakthrough from the $2K levels to the upside during the previous week. After released PCE data, the markets are now widely expecting Fed's rate cuts during the course of this year, as inflation is evidently slowing down in the US. During the week gold was moving around $2.030 - $2.040 levels, while Friday trading session brought the final break...
Retail trader data shows 43.76% of traders are net-long with the ratio of traders short to long at 1.29 to 1. Our data shows traders are now at their least net-long Gold since Dec 02 when Gold traded near 2,071.85 The number of traders net-long is 7.46% higher than yesterday and 20.48% lower from last week, while the number of traders net-short is 13.62% higher...
Hello traders ,what do you think about GOLD?Gold is moving in a channel and has recently broken the downward trend. Considering that it has approached the resistance zone, it is expected that after the correction, it will reach the midline of the channel, which is the pullback range to the broken trend line, will Grow at least up to the ceiling of the channel If...
Technical analysis: Despite the spiral uptrend on DX in attempt to find the Resistance, (Gold remains under heavy Buying pressure since mid-October), Price-action has managed to rise aggressively throughout the U.S. session and test the #2,088.80 - #2,092.80 Daily chart's Medium-term Resistance zone delivering almost (# +5.27%) rise just within #16-session...
Technical analysis: Despite the spiral uptrend on DX in attempt to find the Resistance, (Gold remains under heavy Buying pressure since mid-October), Price-action has managed to rise aggressively throughout the U.S. session and test the #2,088.80 - #2,092.80 Daily chart's Medium-term Resistance zone delivering almost (# +5.27%) rise just within #16-session...
Gold at the peak is ready to go further, so it closes the 2096 area with a half-hour candle, opening the door to reaching 2111 to 2135, but this scenario fails if the war between Israel and Palestine is stopped temporarily, and this matter is close to most sources. Therefore, with the appearance of positive data for the dollar, there will be downward pressure....
Disregard targets. A frequently observed feature in commodities is the execution of a massive wave 5. What draws my attention in this comparison is the similarity of the wave I (green box) configuration of gold and bitcoin. Thanks!
This idea identifies a potential trend reversal beginning on March 8th, with additional opportunities on March 9th, 11th, and 12th possibly indicating liquidity grabs for sell-stops. I'm eyeing an entry range between 2033-2039. My primary target is at 2013-2000 or beyond, depending on market conditions. I plan to initiate short positions based on the highest high...
Gold (XAUUSD) will be Bearish soon. Bearish Divergence performed in 1H Chart. Also there is a Double Top Printed on the chart.
Hello friends, I hope you are doing well. We will check the gold chart in the 1-hour time frame. Currently, it has reached a 1-hour supply area with the powerful bullish candles, which also had downward reactions. Currently, this supply area is valid, we can have short-term sales opportunities in small time frames. We have the support level of 2080, and by...