Gold 1-hour wave count: Currently still in the correction of the green fourth wave, the analysis on April 14 suggested that gold entered the green fourth wave correction perfectly again. Still not optimistic about the correction ending. The green fourth wave may take the form of a blue WXY, with wave Y currently in progress. Today's rebound may be the purple B...
© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M. The broader context suggests that gold has likely completed the iv-blue wave, and the v-blue wave is now unfolding to continue pushing higher. The short-term outlook describes in detail the iv-blue wave, which unfolded in the form of a Flat correction and appears to have concluded. Now is the time for...
The price of gold is currently undergoing a phase of recovery consolidation after breaking free from its daily lows, trading at $2,330 compared to the low of $2,305. This stability is reinforced by the higher interest rates of the US Treasury and the resurgence of inflation, leading to speculation that the Fed may cut interest rates in the near future. Looking at...
This scenario assumes that wave C primary degree not yet finished and we're just starting wave 5 of C. This is my main scenario and I'm holding shorts with SL: 2348 and TP: 2280.
If you check the supply and demand levels it shows the gold could be have a target until defined area What do you think? LONG or SHORT?
Long buy executed at 2305.99. I want to see a strong push on H4 candle to close above 2334 for a strong hold. Keep in mind that there is a liquidity price around 2295 - 2290. Let's monitor this trade and see how it goes. My buy is now a risk free trade at Breakeven.
Do not miss this trade to get in to gold profits watch the price at these targets
Hello traders and welcome, Today, we are delving into the world of gold, and it's high time for a fresh analysis of this precious metal. On its weekly chart, gold has formed an ABC or 123 pattern. Let's dive deeper into the concept of the ABC pattern: Traders base their buy and sell decisions on the analysis of historical price data and the identification of...
xauusd low confirmed and need to break low after hitting from uper side sell zone.
Gold creates Double Top pattern it will go down after the double-top pattern will confirm TRADE PLAN: ENTRY AT 2316 TP1 2301 TP2 2285 SL 2335
Gold extended its downward momentum at the start of Tuesday's Asian trading session, dropping to 2,300, down more than 2% from Monday. The decline seemed somewhat contained due to speculation that major central banks would cut interest rates later this year. From a technical standpoint, this sharp decline has brought gold prices to touch the simple moving...
🥇XAUUSD💵 Weekly 04/15/2024 Weekly High: 2417.81 Weekly Low: 2324.22 Chart Pattern: Ascending Channel 💎Buy Gold @ 2345 - 2335💎 Monday 04/15/2024 10:10 AM EST 2315 StopLoss —> 2345.5 BreakEven+ 💎Buy Gold @ 2374 - 2370💎 Tuesday 04/16/2024 03:56 AM EST 2362 StopLoss —> 2374.5 BreakEven+ 💎Buy Gold @ 2370 - 2360💎 Wednesday 04/17/2024 04:52 PM EST 2340 StopLoss —>...
DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 23 April 2024 SELL LIMIT Order: $2366.32 Stop Loss: $2392.32 Take Profit 1: $2340.58 Take Profit 2: $2306.34 Risk per trade: 0.5%. MT4/5 trade expiration: Today 100% mechanical strategy, zero analysis, zero...
Get ready for your buy setups!! Watch price at the levels and wait for your break and retest and timing....
My potential SELL SETUP idea 💡 Read my first post :) Trade smarter, not harder! 💼📈 Don't miss out on potential gains - Hit that BOOST button if you like the idea 👍 Share these 👉 and make sure to Follow me for your daily dose of gold trading analysis! 💯 Remember, always conduct your own analysis before jumping in. No financial advice here.
--NEWS-- During ultimate week`s buying and selling consultation, global gold at one factor extended to 2,402 USD/ounce because of issues approximately struggle withinside the Middle East. However, a few buyers took benefit of promoting to take profits, forcing the gold charge to shut at 2,392 USD/ounce. World gold expenses were pretty calm considering the fact...
- Everything is in graph. - maybe Gold will start a new rise after BTC Halving. " In a bearish market, investors typically prefer to buy gold, and at times of high inflation and market volatility, gold is considered by many as a 'safe haven' asset. " - This was the definition of a safe heaven i found in Google, but this have no more sense in 2022.. - if you...
Following our previous analysis (links provided in the description below), gold continues its upward trajectory, in line with the prevailing trend since the beginning of the year. The recent pullback to the $2295 area appears to have attracted buyers seeking a discounted price, fueling the impressive momentum of this metal. After a brief consolidation period...