It seems that the BULLISH bias still there, BUY would continue valid once it breakout at 2178 price action level. Failure to do so, would lead to BEARISH bias that would validate SELL once it breakdown below 2154, 2151 and 2147. So, we wait for the signal to come before making an entry position.
Hey there on 1htF the Gold has path two sides so we can now wait to see if the price open downside and continue went downside and break the resistance support of 2147 then it will fall continue If the price goes upside and break the next higher support zone then we also see upside go long price
Fake Xau forecaster Welcome to Gorilla's edition of Fake Forex Forecast. After last week's spectacular dive, Let's see if she restock at the 2145-2142 range. Before jetsetting up due to world event happening. Esp in the northern hemisphere.
There are 2 clear Orderblock Zone with Correct Market Structure :
Weekly Analysis 24 Mar, 2024 Last week, gold experienced a significant surge following the FOMC meeting, only to face a sharp $65 drop the very next day. Despite this downturn, the price remains above the crucial 2150 level. Should this level break, it would be wise to await a retest before considering a target of 2100. Notably, on the daily chart, Gold has...
Hey team, Hope you are Enjoying our ideas and Analysis, Today we are Monitoring XAUUSD for Next Week For a Buying Opportunity Around 2050 , One more Buy Limit 2045 , Once we will Receive any Conformation the Trade Will be Excuuted Good luck Note : SL Open we Close Manually Use Proper Money Management
A successful retest of the 2,070 - 2,080 level is gonna set Gold up for an explosive bull market. That’s the rational scenario, but markets tend to behave irrational so there’s that risk as well.
Another attempt to use Elliott wave to analyse Gold. New high gold prices have been reached over the successive past weeks since my last update in Dec 2023. There has been serious doubts whether I have been wrong in my wave counts for gold. But based on my umpteen repeated analysis of the the wave structure of gold since the 1980s ( I will present my case later...
After the completion of the bullish wave and the short oscillatory correction that was formed, we saw the price rise to the level of 88.6%. According to the price behavior, several scenarios will be possible 1- Wave A has ended and now the price is fluctuating and correcting in wave B, and after the correction pattern is finished, the upward trend will...
XAU/USD is the label for spot gold traded on the foreign exchange market. Gold (XAU) is traded against the US dollar (USD), and its price represents the cost of one ounce of gold in USD. XAU/USD is traded on the forex marketplace like any traditional currency pair.
Gold is consistent with my analysis. The data rose and then fell again, making huge profits. All the signals I sent were profitable, and I will continue to send accurate signals next week. If your current trading requires professional guidance and analysis, don’t miss this opportunity and join me as soon as possible to make your account profitable quickly!
XAUUSD looks to continue bearish to test support zone. Price will either go bullish from the order block or continue going bearish testing the daily FVG.
Hello traders, Wave 4 has probably ended at 2186.130 zone. Wave 5 is aimed at getting to 2151.000 zone. Thanks.
This trading is based on the fact that We will see some aort of consolidation or a good bullih candle, which ever the market provides will decide if the trade is wort executing. On the coming week i would love to see the market give a bit of consolidation to get a proper breakout entry at around 2165.48. I won't say much as the key levels are indicated.
Gold , known as "the safest hedge against inflation" is looking promising with the current banking crisis occurring. People are scared of banks and see Gold as a safest investment as a store of value without relying on the banks or without having USD. Some economical factors that influence the price of GOLD with the current inflation at 5%: -Inflation hedge: As...
xauusd is the bearish treand wait for the trend line break
bullish scenario which gives some high targets gold does like extending 5th. Although difficult i can see some impulsive counts. Although ending diagnonal is their over 2300 would see this count valid
Strong rejection from 2222.3 and 2177 is clear sign of weakness in price for Gold We see correction point is 2110 1st before any next move upwards direction this week