Hello again guys. as I mentioned in previous post the price of gold rallied only to get to the first 5Min resistance and pushed lower from it. at this point I'm looking to close my short in lowest box "final target" where simultaneously I will open a long position. tbh I have no clue what drives gold in the higher time frame so this buy is only considering the 15...
DEPENDING ON WEEKLY AND DAILY TREND LINES ... We can see the price making strong correction UNTIL 2160 AND OUR stop loss. ll BE ON 2390 goooood luck
Yesterday we did 2337 Sell again, and the two TPs we set up have reached the target. Today we are ready to continue Sell. Recently we have been saying that gold is just rebounding, the market has not reversed, and the short market has continued. Gold has fallen sharply, breaking the recent shock, and gold has continued to be short after rebounding in the US...
The gold market has shown signs of a double top on the 4-hour chart, suppressing upward movement. Short-term rebounds lack strength, and the 4-hour moving averages have crossed bearishly, indicating the potential for further decline. The market opened lower this morning and has been declining since then, with any rebounds confined to around 2337. Below 2337...
Gold retreated over $100 from its all-time highs established earlier this month. Interestingly, this move down follows a pullback of similar magnitude in the U.S. stock market, which we have repeatedly referred to as a threat to gold’s spectacular performance; one minor detail to point out here is that this time around, gold seems to be falling in reaction to what...
As price hit bull order block expec retracement time pls like for support thank you
Xau can enterance in correction level and move to TP1 AND TP2
Market Analysis PT1/2 (1st May 2024) XAUUSD Analysis On the 4 hour timeframe, we have confirmed a 4 hour MSS with price closing very bearishly on the 4 hour timeframe. Dropping to the 1 hour timeframe, price action here has created a 1 hour OB, along with a 1 hour FVG just right under it. Looking for price to retrace during asia session into the FVG/OB...
Potential Buy Alert for Asian Session : I've identified a promising buy opportunity with a range from 2290. Despite the current bearish trend, I'm confident in a favorable setup that needs filling up. Our target to book profits stands at 2307. Stay tuned for updates on this trade as we monitor its progress closely. Let's seize this opportunity and see how it unfolds!
Bearish Divergence resulted into Bearish Trend in Gold despite Wartime Scenario. Gold is now forming Bearish Flag likely result into continuation of Bearish Trend. Also Short Sentiment as per COT Analysis.
A+ setup ICT 1-The first sign of rejection and continuation of the price to the lower is the candles on the Daily TF how these candle respect and closed lower in the area of D-FVG 2-OB and closure with fvg 3- return the price to the area of the OB and make a LQ area the sweep it and make FVG on the lower TF
Gold Price: Current Pricing, Prices Chart & Rate Graph\ Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven....
In the monthly time, as mentioned in the previous post, after the correction in the form of a smaller valley that formed the cup pattern, it completed the correction wave 4 and is currently in the ascending microwaves of wave 3 of 5, which as In the daily time frame chart, it can be seen that it is moving in an ascending channel, which is currently broken from the...
hey traders look at the chart, gold still playing in a bullish parallel channel blue lvls = long-term fib ext yellow lvls = long-term dynamic lvls ( Pitchfan ) white lvls = long-term fib retracement all these 3 lvls confirm this area for potential resistance area as long we play below the dynamic and fibs in 4H n daily TF, we can expect the selling pressure to...
Hey folks, exciting news! 🚀 A golden opportunity just unveiled itself on this fine Friday. Picture this: two significant gaps on our chart - one bullish, the other bearish - both nicely filled in. Now, the stage is set, and we're eagerly awaiting the bulls to strut in and take charge. Our On-The-Edge (OTE) zone is primed, leaning towards the buy side. Let's buckle...
Yesterdays sells worked out really good, from my own analysis and source market makers are buying today. This is why they have prices lower so as to get discount. I am bullish for todays end of the month trade. Entry at 2312 stops below 2305 targets back up at 2338. Use proper risk management. This is not a financial advice it is for educational purposes and a...
The price of gold appears to be trading in a descending channel as trades to a fresh weekly low ($2290), but the precious metal may respond to the positive slope in the 50-Day SMA ($2222) if it continues to hold above the monthly low ($2229). Gold Price Outlook The price of gold may continue to give back the advance from the monthly low ($2229) as the Relative...
Dear all wolfy traders : I prefer to look chart in most simple way that can to use it for scalping. this is todays road that Gold can move and use support and resistance to trader it. if there be a better range to enter I will share with you