HNS pattern detected... so gold will bounce back to 2032 zone before making long sell
Base on trend movement right now Gold will rebound back to 2043 zone before continue it bearish after a long bullish take over the market...( Equilibrium Price Movement/Phase)
If gold breakout supply zone at price 2020 so it will go bullish till it reach 2050 (TP1) If gold can't breakout, it walk to down stair (bearish) till it reach strong demand zone at below price Advice: sell at higher price and buy it at lower price
After a while in a bullish mood right now is a time to recovery back (short bearish) before continue to open new ATH (All time high) in this 2023/2024 term due to Crisis that belong around a world (current economics situation). Stay tuned for my next analysis Best regard Junniesjaz
Trust the process Bearish mood onzzx due to influence of High pressure of Inflation and Liability more than Income ( Liability > Income/Capital = Market Drop). In the future the bank system will collapse due to continues rise of OPR. Right now people will not lend (Loan) with bank due to OPR is 4.75%. this will make bank cannot generate income from this and...
Federal Reserve Chairman Jerome Powell on Tuesday cautioned that interest rates are likely to head higher than central bank policymakers had expected. Citing data earlier this year showing that inflation has reversed the deceleration it showed in late 2022, the central bank leader warned of tighter monetary policy ahead to slow a growing economy. The Fed has...
According to Central Bank of US, The Fed's policy rate is now set to a range of 4.5 to 4.75 percent and will increase again till Q2. With this of set inflation will still going on and this will make Gold rise too. To reduce the inflation and control the currency, Gold is a option tool to make inflation being a stable for temporary. My prediction is Gold will rise...
On Lately the data economic like NFP, PCE index show that USD is on the right path to grow in a short n long period exactly this just a prediction.. tq :)
GOLD will going up according to plan expectation for today mybe just only gold wanna doing base before continues fly tomorrow
AUDCAD (Bullish) Reason : Double bottom + Divergence Awesome Oscillator Weekly (AO) For this pair my prediction is price action for AUDCAD will pullback (bullish) to create new higher high/ ATH
Look like gold will continue to bearish and break $1700 level then will reach $1682 price. so with this situation imma predict gold will continue to make a new lower with around $1650 - $1554 price before bounce back. my theory is to make a new higher (ATH), trend need to make a new lower first before new ATH will be create on future.
Gold Buy Reason = Double bottom + reach demand zone My target for gold before was drop and it become reality so for today my prediction was bullish so what i thought gold will fly to 1810/1834 first before make a short move on bearish
Gold Buy VS Sell Reason = USD is strong so right now gold will retrace first before continue drop (Bearish) or will pullback (Bullish) this is situation that i predict. Based on my previous analysis right now is done but right now what i predict is gold will drop first before make long pullback (Bullish).