After K1 breaking up the downtrend line, K2 tested it under sharply increased volume, The following candles verified that It was a successful test. A sharp rebound will likely price up to test 0.618-0.786fib area. Buy-2330/Stop-2325/Target-2370
Bullish indications: Moring star candle formation in day time frame. Moving average 20 respected. Resistance broken at 2337 Inverted head and shoulder pattern in day time frame. Bullish engulfer candle while break out . Bearish indications: Bearish divergence. LLLH Trade plan bias long @ 2327 SL:2311 TP1:2339 TP2:2350
Gold has been falling all the way today, directly falling below the previous low of 2354, so the decline of gold will continue, and gold is ready to rebound to around 2347 Sell! Gold’s 4-hour double top structure is a bearish pattern. The bulls are helpless after being tossed around today. This is also the biggest change in the gold market recently. The shorting...
traders Gold price is ready to fly My dear subscribers My technical analysis is for Gold below The price is coming around a solid key Level 2118 Bis_ Bullish Gold now market 2318 Limit Trade 2308 1st Target 2350 2nd Target 2390 Technical indicators Pivot point low anticipates a potential price reversal Super trend shows a clear buy giving a Perfect indicators...
The price of gold is currently undergoing a phase of recovery consolidation after breaking free from its daily lows, trading at $2,330 compared to the low of $2,305. This stability is reinforced by the higher interest rates of the US Treasury and the resurgence of inflation, leading to speculation that the Fed may cut interest rates in the near future. Looking at...
Here is a quick guide on how I have my FIB RETRACEMENT TOOL set up with Retracement & Extension levels.
The world gold price just went through a bad session when it dropped to 68 USD/ounce after just one trading session. Investors sold off massively, causing the precious metal to quickly fall to close to $2,300 per ounce. Investors witnessed the largest single-day drop in more than three years. Gold futures price dropped sharply by 65.6 USD/ounce (equivalent to...
This scenario assumes that wave C primary degree not yet finished and we're just starting wave 5 of C. This is my main scenario and I'm holding shorts with SL: 2348 and TP: 2280.
Adaptive Prediction based on LR and ATR volatility showing that Gold May go down to 2287 today!
Gold Are going to Long Again H4 Candle hovering Towards to follow the upper direction although the retailers are in sell
Short term: Bullish, anticipating a breakout pullback on higher timeframe for price to continue its sell. Refer to charts and my previous video ideas
After K2 close below the neck line of a potential double top pattern, K3 is breaking the uptrend line. A short-term downtrend OR larger scale horizontal consolidation process is possibly on the way. If the following candles fall back to test the uptrend line under sharply increased volume, It will be a good place to short it there. Short-2318/Stop-2334/Target-2271
Gold prices fluctuate sharply up and down but follow a gradual upward trend and sometimes reach close to 2,400 USD/ounce. Geopolitical tensions in the Middle East tend to increase when Israel announces it will retaliate against Iran. According to Qatar's Al-Jazeera TV channel, a senior US official said that Israel could attack targets deep inside Iranian...
XAU markup finished and supply zone confirmed by big red dildo. Starting to consolidate below previous support, suggesting a new supply zone is developing and we're preparing for another leg down in the interim.
End of day update form us here at KOG: Quiet day today on Gold while it only allowed us to scalp using the levels and the daily bias. We wanted the 2395 region but fell just short at 2394, while the support level has continued to hold and give opportunities to long into resistance. So, what now? This range looks like it's coming to an end and there is going to...
XAU/USD trades near $2,371 and the daily chart shows that the slide may continue. Technical indicators retreat from extreme overbought levels, suggesting the decline may continue. Still, a steeper slide remains out of the picture, as XAU/USD refuses to give up developing its moving averages above all Simple Moving Average (SMA) maintains its firmly bullish slope...
Price may continue to trade in a horizontal channel for a while… a break & retest below 2294.92 level May insight a new wave of bearish sentiment.