Also looking at this with the bulls entering below the fib level on daily and 4h . bears are still in work. need one confirmation on both sides. considering the ongoing correction on gold, looks like the tensions between iran and israel slowed down mentioning iran needs to deescalate from war. hoping for more downside in the upcoming time, this week is going to be...
gold closing bearish on the daily with a bottom wick showing bulls are still alive but never closed above the 34 area, potential sells on the opening on 4h candle, with liquidity sweeps to 60ish area. NOT A FINANCIAL ADVICE. FOLLOW YOUR STRATEGY , TY
Hello friends, a trend change can be seen in the structure of gold and we can enter the sell position from the top and we can buy in the demand areas. I see a pattern of Adam and Eve
Support' and 'resistance' are terms for two respective levels on a price chart that appear to limit the market's range of movement. The support level is where the price regularly stops falling and bounces back up, while the resistance level is where the price normally stops rising and dips back down. Open price
Hey everyone this is Nathima, GOLD IS IN CLEAR RANGE FROM 2320 TO 2334 please check out the update on gold for now there are two scenarios let discuss the first one Scenario 1: gold is in range if price breaks above the range which is 2334, close m30 candle above it and the next m30 candle should first wick down and started to sweep the high of the previous...
By checking the gold chart in the one-hour time frame, we can see that the price started to fall based on our analysis and hit all the targets of $2334, $2324, $2319 and $2303, and the total yield of this analysis so far is more than 1000 pips! I hope you have made the most of it! The demand levels are $2296, $2283 and $2275 respectively! The supply levels are...
Gold managed to recover its losses yesterday (biggest daily slump in almost 2 years) on weak US PMI data. The thought here is that sluggish growth indicators might push the Federal Reserve towards an earlier interest rate cut (although don't hold your breath), potentially increasing the attractiveness of non-yielding assets like gold. The rate of expansion in...
Gold is trading at 2323, with a notable resistance level observed at 2340. Should gold breach this resistance, traders may consider pursuing the following targets: 2343 to 2355. Alternatively, should a sell pattern manifest, indicating a potential downturn, traders may anticipate the following support levels: The initial support rests at 2310, followed by...
Hey guys, I closed my short position and I'm looking to sell again in the plotted areas. to be honest its really hard to tell whether the uptrend is over but for now we have seen weakness from the buyers and seems the market has transitioned into some type of range. so if we assume that the market is in a range buyers are holding their longs to get to 2360-2370...
in our previous analysis we mentioned the targets of gold whether a drop happens. first target has achieved and now if you have missed the move, selling would be only logical from the sell zones plotted on the chart with a stop loss above red line and a profit target that reaches second profit box shown on the chart. I wont be discussing buy scenario here due the...
At present, the price has rebounded to around 2325 and encountered resistance, and will continue the downward trend. Price: Open: 2315 Lats: price 2340 Friends Confirm daliy Confiram analysis Support me and follow me
A falling wedge is a bullish chart pattern often found in technical analysis. 1. **Formation:** A falling wedge forms when the price consolidates between two downward-sloping trendlines that converge towards each other. The upper trendline connects the lower highs, while the lower trendline connects the lower lows. 2. **Characteristics:** - The pattern...
As of now, gold is trading at 2329, with a notable resistance level observed at 2335. Should gold breach this resistance, traders may consider pursuing the following targets: 2341 to 2355. Alternatively, should a sell pattern manifest, indicating a potential downturn, traders may anticipate the following support levels: The initial support rests at 2320, followed...
Hey there on 1htF the Gold has moved downside 2296 and return back to 2330 and now also moved upside continue push upside so we can now see next demand Support from 2320 and will continue move upside 2345 next resistance support and will see soon 2369
The probability of success is very high Open your position after receiving confirmation Please confirm and log in to enter the transaction and note that this is not a trading offer!!! Be successful and profitable.
Looking to sell gold. Take it at your own risk. Already in this trade, will keep adding more positions.
No problem, not too far with stop hunt in 1h timeframe. Buy! 1R lost is very normal, we have more knowledge, good! ...Don't move too fast, just take it slow...Let's get it started in here... P/s: This is a Buy stop order!