Hello everyone. Gold prices extend pullback as Middle East worries ease US dollar weakens amid upbeat mood, despite recovery in US Treasury yields. Gold prices target $2,350 on sustained break below $2,370 on 4-hour chart.
On H1, the $2350 support level is formed and it seems that the market maker is trying to rally the price back up, testing the breakout...
Here's the idea I'm seeing on gold: necessarily higher demand, but possibly a drop when the market opens.
To be confirmed, of course, before committing to the trade.
An accumulation formation before going back to its high.
Of course, this is an idea, not an investment.
Take with caution.
Hey all!
Another trade set-up for the challenge: a short in Gold! 🥇
I've been monitoring the H4 chart as I saw strong consolidation patterns since early this month. As soon as I saw the market break the support area we had from H1 (which is actually turning more into an H4 support haha), I started to look for entry opportunities for a short, as the risk-reward...
Hello traders, in my previous Gold analysis, I recommended buying Gold at the hourly support level near 2430. As you can see, that idea generated over 600 pips profit.
Currently, Gold is near the hourly support level again. So, if price doesn't fall below the 100- hour EMA level, traders can consider buying Gold@2367-2375 with stop loss below the hourly support...
Since Friday's blow-off top, OANDA:XAUUSD has exhibited strong volatility. Initially, the price tested the crucial 2325 support level, followed by a robust reversal to retest the 2400 mark.
Although the long-term outlook remains bullish, I believe we are currently entering a corrective phase. Given the heightened volatility and the lofty levels at which Gold is...
we call this pattern the symmetrical continuation triangle in this type of pattern we shold look for buing opportunities sometimes these patterns also fail but whenever we see such a pattern we have to go to the buying side. now we have to wait for the break of the neckline buy forming a neckline in such a pattren when the price breaks its previous high,then we...
Hey Everyone,
Great start to the week with our first target hit at 2355 - BOOOM!!
We now have a lock above this level leaving 2382 open.
We will continue with our plans to buy dips and also keeping in mind our retracement range at 2312.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the...
Hi everyone!
GOLD is running exactly as depicted. Rejection area was 2400-2425.After accumulation, GOLD grab sufficient liquidity up side (Manipulation).And now it will distribute to downside till 2320.
Good Luck
Engr. Zaheer Abbas
Gold retraced to previous buy order block to sweep liquidity. It can go back to sweep again and go to next sell order block before the breakout and ATH again.Good luck guys.
A short bearish bias on gold. But I will be hoping for a sweep of the short term high before an aggressive sell that will target the opposing liquidity
Intro - Don't have any time this morning, so to sum it dungo jinxed London sessio now we have to do 2460 the hard way.
Details - Ditto. Obviously 2460 right? Is that still obvious? Will add if time.
Greetings, fellow investors! 🌟 Hope you're cruising through the market's twists and turns! 🌊✨ XAUUSD is currently stealing the spotlight, smashing through barriers! 🚀💰 Here's today's market scoop:
🔍 *XAUUSD Outlook:* 📊 XAUUSD finds itself in an electrifying showdown between 2391 and 2381. 📉🔄 The tension mounts as we await the breakout moment! Will it skyrocket to...
gold closing bearish on the daily with a bottom wick showing bulls are still alive but never closed above the 34 area, potential sells on the opening on 4h candle, with liquidity sweeps to 60ish area.
NOT A FINANCIAL ADVICE. FOLLOW YOUR STRATEGY , TY
we have these analysis of this week as thare are many chances of brining down the market this week.
price open 2390.
target 2340.
confiram chance.
please support me and follow me
3month timeframe can be used for years of long term signal
use stochastic to determine bottom fibo
we will see
- 2945
- 2700
- 2582
- 2461
- 2349
- 2220
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....
Hello dear friends!
XAUUSD continues its corrective trend. Previously, I warned about the approaching decline. Gold is shedding buyers and appears to be heading towards finding a medium-term bottom.
From a technical perspective: The first point of resistance is seen at the previous day's high of $2,334, above which the psychological level of $2,350 will be...
