Looking to sell gold based on structure forming a nice double top after a new record highs am seeing price reversal patterns and breaking of the support trendline. currently waiting for the NYSE to open
Following the U-shape reversal on the 15 minute timeframe we had pullback to the 38.2% Fib level followed by a bounce to the upside. This indicates further upside is likely and I would suspect another leg up as the same size as the U-Shape reversal impulse.
That's it - That's all
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Hello Traders and Investors, today I will take a look at Amazon.
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Explanation of my video analysis:
Just three months ago Gold broke out of a very long term ascending triangle formation - similar to the triangle formation which we saw back in 2019. So far Gold is just creating the expected continuation higher and you can definitely close out partials...
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Why You Should Be Careful With Gold!
Ascending Broadening Wedge Pattern!
Gold reached a critical juncture from a fundamental and technical perspective. The price went up for no good reason considering what the market was facing before but on the other hand, it is not reacting now that a second possible conflict between Iran-Israel is being discussed.
Now that...
Today's focus: Gold
Pattern – Correctional phase.
Support –
Resistance – $2394
Hi, traders. Thanks for tuning in for today's update. Today, we are looking at Gold on the daily chart.
We have reviewed recent price actions and our thoughts on what we are seeing and looking for moving forward. Is this just a bout of profit-taking that will kick off a new trend?...
Is the trend changing? Price has been dropping with strong momentum that has successfully broken the market structure on the 4hr confirming that it might be changing trend.
Taking a look at Gold metals, we had quite the correction in the past 24 hours so I'm now looking to bottoming action to scalp trade on the small timesframes.
This video explains a quick in and out strategy that I use when bottoming or topping action has been detected. Little by little with small scalps actually yeilds greater profit in a shorter period of time...
4h/1h time frames analysis for Gold.
Price action analysis, key levels.
Potential scenarios.
Trading plan explained.
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This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
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Good day traders!
Last week, intraweek highs was liquidated/manipulated and our most premium supply level mitigated
It seems though as price has reversed to the downside since (short-term basis).
Could $2300 be our next stop? - Being it is our next medium term institutional demand level , with adequate sell side liquidity resting above to magnetize prices...
Here is the market outlook on Gold for the coming week, from 22nd to 26th of April. It is clear projection of what is mostly likely to happen on Gold next week.
ANALYSIS:
In monthly timeframe we seen in two months consecutively price has strongly gained holding gold to High levels of all the time. Currently price is struggling with the break and close above the...
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Weekly Market Wrap With Gary Thomson: UK100, USD, GOLD, OIL
Get the latest scoop on the week's hottest headlines, all in one convenient video. Join Gary Thomson, the COO of FXOpen UK, as he breaks down the most significant news reports and shares his expert insights.
UK100 Share Index Rises as UK Inflation Slows
The Dollar is Corrected after the Comments...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Gold closed last week with a modest 0.59% gain, after touching an all-time high of $2,431. Geopolitical tensions spurred demand for safe-haven assets, pushing gold to its new peak before a pullback due to a strengthening US Dollar.
The release of US inflation data midweek introduced volatility in gold prices. Following the Consumer Price Index (CPI) report, the...
