The price perfectly fulfills my last idea and it went up toward the main resistance. The price updated swing highs and price made impulse leg breaking through the resistance zones. The market is pulling back to swing zone from resistance. The double bottom or fake break is going to be a nice signal for long at 1860 - 1865 zone. I think gold might go up and retest...
The price perfectly fulfills my last idea and it went up toward the main resistance. The market pulled back to swing zone after bullish move that creates a swing level. Price broke the previous strong resistance zone which is support level now. I expect trend to continue from swing level and lower border of the ascending channel. My goal is resistance zone around...
The market went up from support level. The price tested the resistance zone and broke though it and made new swing high. I think the market may retest the mian resistance zone if the market pulls back to strong support area and downward trendline. My goal is resistance zone at 1.07900 Traders, if you liked this idea or if you have your own opinion about it, write...
As US yields fall, gold surges and turns positive for the upcoming week. On Friday, the price of gold soared to $1,867, marking its highest level in three weeks. In February, companies in the US added 311K jobs, above estimates, but there was also a rise in the unemployment rate and sluggish pay growth. US rates fell, causing XAU/USD to rise. The strong rebound...
The market is ranging near the major resistance. The price has broken through the resistance levels and the price is testing main resistance. I look forward to testing the zone and fall from. Price may fall from resistanc in case if the market make fake break or double top. My goal is to support 1.64190 Traders, if you liked this idea or if you have your own...
A trending market is defined as a market where prices are moving in a consistent direction over a period of time. There are many different ways to trade in trending markets, but some common methods include using moving averages, identifying areas of value, and recognizing chart patterns. This article will discuss different aspects of trading in trending markets...
The gold market fell from the resistance zone after making impulse leg. The price is moving toward the recent resistance zone at 1840. The market reacted to this zone before. I think gold might go down because the market is in the downtrend and if price make a fake breakout like long tailed bar then there's good chance that gold will go down. My goal is the...
The market broke through the triangle pattern and pulled back it. The The price is testing the swing zone. The market tested this level 2 times before. I expect the price go to support level if the market makes a fake break of the swing zone like long tailed bar or double top . My goal is to support 1.18100 Traders, if you liked this idea or if you have your own...
The market recently pulled back to the resistance. The price made complex pullback. I expect the price to come up to the nearest resistance and trendline and move downwards from there. I think the price may form a fake break at resistance and then go down. I expect the price to fall from resistance at 1.06200 - 1.06000 range. My goal is to support...
The market tested resistance and dropped by forming a long tailed bar. The price is potentially creating a triangle pattern and I think gold might go down to test the main support from resistance if the price breaks through the triangle pattern. I think it will go down if price rolls back to recent resistance which is swing zone then fall from it. My goal is the...
The price perfectly fulfills my last idea. The market fell from resistance zone and hit the target. The price is in the descending channel. The price is pulling back after impulse move down. The market. I'm waiting for retest the resistance zone then go down beacause the trend is bearish, price action made lower swing highs. My target is support at 0.90460 ...
The market broke the through the ascending channel and made impulse leg. The price tested and bounced off the resistance zone. The price is forming the range zone that will lead to new extension downside if the price breaks through it. I think the market might go down to retest the support level. My goal is the support level at 1.04650 Traders, if you liked this...
The price perfectly fulfills my last idea. The price dropped after forming double top. The gold market is at strong support level. I think if the market forms a double bottom the price might make short term pullback. The market losing its bearish momentum and the price created doji candle at support level. After impusle move the market may form a range. My goal...
The price perfectly fulfills my last idea. The price has broken through the resistance zone and is heading towards the main resistance. The market overall is in range zone. Price is updating its swing highs at resistance and it formed a triangle pattern . The market bounced off support level. I expect price extestion from the support level . My goal is resistance...
The price perfectly fulfills my last idea. The market fell from resistance zone. The price tested the support level but did not break though it. The market might made a pullback and form a double bottom because the bearish movement is losing momentum, price action after impulse move tends to pullback or range. My goal is possoble resistance zone at 1.05790. ...
Almost every trader, at some point in their career, wonders if they need money management. The answer is a resounding yes! Having the proper business mindset is essential to success in trading. This includes having the right attitude, being disciplined, and knowing how to manage your emotions. Without these things, it is very difficult to be successful in the...
The price formed a divergence at resistance. The market is ranging after making 1-2-3 point move. In my opinion gold might go down to test support from main resistance IF price makes remains below the resistance. I expect short term correction from the resistance. My goal is the support level at 1831.000 My last forecast Traders, if you liked this idea or if...
The market has been moving down from resistance, it failed to update its highs. The market has broken through support levels and it formed a range. Price has bearish momentum and it might fall below the range zone. I expect a breakout of the range zone then move down because the market is in downward trend. My target is 0.65500 support level . Traders, if you...