As discussed throughout my yesterday's session commentary: "My position: As Gold is isolated within Neutral Rectangle on smaller charts, I am not hesitating to utilize the sequence to it's maximum and await final #2,300.80 benchmark break which may extend the Selling sequence all the way towards Daily chart's #MA50. My new Selling order is active as I will...
Hey there on 4hTF The Gold will looking for this week scenario can be retest 2340-2330 mid range area and can see then upside continue push 2400 or above so we can now for this week prediction will comes down and then upside rose continue
Hello everyone!
Gold has been rejected from bearish FVG 2343-2352 and now continues to LL liquidity of the level 2292.After taking up all the liq. now gold has chance to move up from 2270-2290 .
there would be a good buy entries in LTF confirmations.
Good Luck
Hi traders,
Last week XAUUSD went up again. I think this could be the end of the X-leg.
So for next week we could see another drop to finish the bigger complex pullback.
Let's see what price does and react.
Trade idea: wait for a clear break of the bullish orderflow.. At the moment it's still very bullish.
If you want to learn more about trading with ICT/ SMC...
Waiting for a retracement (remember price expands and retraces), if price can create a support by the last high broken and show great 4h or 1h bullish momentum candle. This will be a sign for me to take longs
My gold analysis suggests potential selling opportunities either from the current price level or at 2390. This decision is influenced by the fact that price has now entered a strong 8-hour supply zone, which is at a premium level. Additionally, despite the bullish momentum observed in price recently, there has been a noticeable slowdown in momentum on lower time...
with last month candle closing, I saw that there is small chance that gold are showing sign of slowing down the bull movement, for gold to complete its reversal process, i believe the price may come to around 2390+ or even 2400+. I'm expecting big movement on monday to push to that price, thats the earliest of course. Then we may be see gold making a new lower low...
Gold_Spot/ U.S_ Dollar_ Under OANDA_ Trading Venue.
Final Distribution for Gold:
$2,424
$2,442.695
$2,467.962
From here Expecting a bearish double top for Gold and drop will take a place to $2,025.133
What are the facts:
(1) From August 10, 2020, to December 30, 2023, there are 3 years, 4 months, and 20 days. The 1st Cycle of Economic Range is coming to...
The trend of gold this week showed an upward trend in the second half of the period, with the weekly closing as a big positive line with some small upper and lower shadow lines. On Friday, we publicly pointed out that short orders were carried out on the 2375-2378 line. As a result, the big negative line once touched 2355, showing a downward trend. Yesterday,...
Currently on XAUUSD price has rejected the 4hr inverse fair value gap + the 4hr extreme fair value gap also closing below both of them indicating a very powerful resistance level
During the day you can trade from these price levels. Finding the entry point into a trade is up to you, depending on your trading style and the development of the situation.
If you expect any medium-term price movements, then most likely they will start from one of the zones.Relevant to use as a location for installing TP.
Levels are valid throughout the day,...
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
Some days ago price made upward impulse from the support line to $2430 points, thereby breaking $2280 and $2375 levels.
But then it turned around and soon broke $2375 level, which coincided with resistance area one more time.
After this, Gold continued to decline...
Please, check our technical outlook for GOLD.
Time Frame: 3h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 2372.191.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all...
IDK BRO,
This is something I only recently saw but I am uneasy about it still being early and the real volume/liquidity hasn't really entered the market yet
Gold has been rising slowly today without any correction, but it is not yet certain whether the rise in risk aversion can continue to amplify. Gold will continue to rise, and there must be news to stimulate further support. Gold has now reached the early intensive resistance area, and beware of a pullback under pressure.
