Trend analysis: Yesterday we have defined and emphasized the market trend. The current market trend is biased towards short positions, so the operation still needs to be high-altitude. If the market in today's early trading continues to break down strongly from Monday and Tuesday, then the market is still dominated by strong short sellers, but in terms of the day,...
As you can see in the 3-hour time frame in the chart: The price has shown a very good reaction to its 200-day middle simple moving average line. By seeing the confirmation candle, you can adopt the desired position according to the order of the floor and ceiling blocks shown.
XAUUSD Forecast: Two Predictions In Play 1. SELL FOCUS Strategy: Daily closed with bearish momentum candle.. we will be selling within the H4 selling breakout zone, H1 swap zone (SBR). & lower time-frame selling continuation. Action: Sell until it goes down and creates a buying structure within the Daily & H4 support. 2. TO THE MOON! Strategy: As...
The decline in the price of gold can be attributed to several factors. One of them is profit-taking by investors, considering that the precious metal has seen a 20% increase over the course of a year. This may have prompted some traders to close their positions to cash in on gains. Additionally, Hedge Fund Managers may have deemed gold as extremely overvalued,...
XAU/USD - 15 Mins Time Frame - Waiting On Conformation DXY News
Based on my observations, the current resistance used to be a strong support on the daily timeframe. A solid breakout indicates that the price is now moving towards a new level. I'm targeting this 2332 resistance as the golden zone for us to swing short towards the support at 2299. Show your support with likes and comments. Best regards, Zack
Gold flipped $2310 resistance to support zone after a brief break out, and it clearly shows how the price is following the trend line. Expecting the price to retest $2400 - upper limits of the triangle.
Hello everyone, if we break the structure on the rise in H1, at that point I'll go down in a small time unit and find confirmation to take a purchase.
Gold will continue to fall. At present, the big negative line cannot stop it. It directly breaks through the support level of 2310. The moving average moves downward again. The K line is also suppressed again and may run below 2300.
Spot gold continued to rebound in the short term, with the price of gold once touching $2,330, climbing nearly $15 from the intraday low. It was always difficult to break through $2335 and then fell to around $2315. If gold prices want to reverse the downward trend upward, the outlook for gold prices remains bearish unless gold prices rebound above...
Hello, TradingView community and my subscribers, please if you like ideas do not forget to support them with your likes and comments, thank you so much and we will start a LONG outlook on #XAUUSD explained. Price action analysis & key level
Dear friends! On the world market, gold price reached 2,320.35, down 3.37 USD. Part of the reason for the price drop is that hedge funds have reduced their allocation to gold, while some tensions in the Middle East have cooled slightly in recent days. The downtrend could continue with a break from the bullish structure around $2,380. Overall, the downtrend is...
Hey there on 15mTF Looking opportunity rebound from 2305 was early downside and now we can see upside continue rise more than 2340
Intraday Price Manipulation on London session before going distribution on NY session. Open Daily Price at 2327. Manipulation to sweep Asia Low
OPEN PRICE AT 2313. Intraday setup Wait for sweep Lq and time marked vertical.
Hello dear traders! Do you think XAUUSD will increase or decrease? Overall, XAUUSD continues its corrective trend in today's trading session. But at the same time, a Double Top has appeared on the 3-hour chart, capped below the resistance level of 2330-2335 USD. It is worth noting that the mentioned support zone is believed by investors to be a very strong...
Introduction - Bulls are setting up for a double bottom with a "V" reversal. This means the median will hold. This means 2500-ish on or before 05/23. This does not mean a straight line there though, because medium term 2-way vol is set to stay high all the way to June. Details - See previous drafts for how we got here. Warning - If you are new to this...
market maker buy model? accumulation manipulation and last one again accumulation and liquidity sweep and distribution phase is starting