Hey Everyone, I don't to really have to say anything as the chart is doing all the talking!!! Our chart idea has played out perfectly with only our last target in the range to complete 2408, which was hit perfectly today completing this chart idea. Our targets gave us plenty of chances to get in for the entries form every dip using our weighted levels, as part...
Hey Everyone, Please see our updated 1H chart we have been tracking since Sunday with only the retracement range Goldturn updated with current data. Our chart idea has played out perfectly inline with our plans to buy dips with the move up from the retracement range all the way into hitting all our Bullish targets we highlighted on Sunday. 2408 is our final...
After a breakout of a solid horizontal resistance on a 4H, Gold is retesting that today. Approaching the underlined area, the price formed 2 bullish patterns: a falling wedge pattern and a double bottom. 2 bullish breakouts: a violation of a trend line of the pattern and a neckline, indicate the strength of the buyers. We can anticipate more growth today at...
OANDA:XAUUSD Gold is currently in accumulation phase and likely to turn into distribution phase. Price behaviour has changed in last few days suggesting further growth in price. We need liquidity and volume boost to take the price towards 2380 that area remain 'premium price zone'. We wish you all the success in trading and hopefully our analysis gives you a...
Bullish confluence for GOLD on MTF, LTF and HTF Expecting new ATH next week ☝️Do not act based on my analysis, do your own research!! The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with...
U.S. consumer prices rose less than expected in April, suggesting inflation resumed its downward trend at the start of the second quarter, boosting financial market expectations for a September interest rate cut. At the same time, under the influence of the market, the US dollar fell sharply, providing greater impetus to gold’s rise. Today, we will pay attention...
Yesterday, gold rose sharply due to CPI. Today, various indicators have begun to show a short trend. Continue to sell, tp 2381/2377/2369
Gold prices continued their uptrend on Thursday and rose more than 1% as US Treasury yields fell, reducing the greenback's appeal. Labor market data from the United States was weaker, increasing the chances of an interest rate cut by the Federal Reserve despite facing inflationary pressures. XAU/USD's daily chart shows it has slowed its recovery around the...
Hey Everyone, Another PIPTASTIC day on the chart today buying dips all the way into our Bullish target!!! After completing the retracement range earlier this week, we got the bounce into 2357 yesterday followed with the lock above 2357 opening the 2389 bullish target once again. - This played out perfectly completing the target at 2389!!! We will now look...
Gold is currently testing a resistance cluster, based on a solid trend line and a horizontal resistance on a daily. Bullish breakout of the underlined area will give us a strong bullish confirmation. A daily candle close above that will confirm a violation. A bullish continuation will be anticipated to 2400 level then. ❤️Please, support my work with like,...
Federal Reserve Chairman Jerome Powell said he was less confident than before that inflation will come down. However, it emphasized that it does not believe that the next step may be to raise interest rates, and is more likely to maintain the policy interest rate at the current level. The U.S. economy is performing very well and has a very strong labor market....
If it falls below 2358, we have to be careful about it forming a head and shoulders, so hold a small amount of short orders temporarily, and then add orders once it is formed.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hey Everyone, Great day on the chart today catching the move up form support inline with our plans to buy dips. Yesterday after break and lock confirmation below 2357, we got our retracement target hit at 2337. We then highlighted, as per the chart arrow our expectation for a bounce back into 2357. - This played out perfectly for the bounce into 2357 today. We...
Hello Traders, hope you doing great. for upcoming weeks I think we'll probably see a correction in Gold. The first target of this correction is 2340 and the second target is 2305. this post will be updated. at the end, tell me what do you think about gold ? UP or DOWN ? comment it. if this post was helpful please like & share with your friends. THANKS.
Hello guys I am looking a potential buy today as marked for asian sessionlet’s catch this trade with proper risk & money management and enjoy the good profits!
The focus of the market this week will be the US PPI data released on Tuesday, followed by the CPI data on Wednesday. Consumer prices came in higher than expected in the first quarter, suggesting the Federal Reserve may cut interest rates less often this year. Then, job growth in April was weaker than expected, leading investors to rekindle bets on two rate cuts...
I see a very nice bullish setup on Gold: After a test of a recently broken daily structure, the price broke and closed above a resistance line of a bullish flag pattern on an hourly time frame. I expect a pullback now. Goal - 2354 ❤️Please, support my work with like, thank you!❤️