2 scenarios in play, looking for longs on the resictanse levels. -this is just an idea, trade safe guys
The chart shows that the gold price is in a descending trend so it's possible to rise up to around $1813 in short time (resistance) , it'll drop to around $1755 in midterm. Be cautious about economic news because the gold price analysis will be affected by these factors.
Hello traders, Gold in 1 hour frame, this analysis is prepared in 1 hour frame, but for better viewing in the 2-hour frame. In the analysis, we explained all the climb and decline of gold. In this analysis, only the scenario of gold climb specifies, for wave 2, we can count the wave c. The ascending gold is confirmed if the price first breaks the black channel and...
GOLD didn't move that much for today but also we are waiting for the FED today maybe at that time we will see a big moves for now we have downward channel 1794 is important support line the break of it will lead into 1985 for a first target then into 1775
Hello traders, the gold in the 4-hour frame, this analysis is prepared in the 4-hour frame, but has been published for better visibility in the 8-hour frame. In this analysis, I recognize all the probabilities of the previous analysis and only identified the best areas for the tread. As long as the blue trend line is not broken, I will ascend Trend. After breaking...
The 1790-95 zone acts as a serious support for price. It has been tested multiple times and every time price bounces of. A crucial moment is approaching. Tomorrow we have FED Interest rate decision and that's definitely going to affect price on gold. If we see market below the support at 1795 then we will be looking for a move down at least to 1775. It's very...
💱 Pair: AUDUSD 📊 Entry: SELL ORDER: 1801.673 📈 Target: 1782.494 📉 Stop: 1801.673
The support level of 1795.100 is really strong. Is it possible for FOMC to lower the price of gold? Since the market has made a new bottom, I see any rejection from 1795.1 as an opportunity to short.
#GOLD Price is trading in the demand zone and we got the price rejection so if you form any bullish candlestick the price possible to moving next resistance level 1807 Why we like it: price trading in demand zone waiting for Bullish Candlestick Formation Touching 50 EMA 1st Resistance: 1807 Next supply area & horizontal swing high resistance 2nd...
#GOLD Price is trading the sideways market once break the market level its will go to the next resistance level 1810 another thing market will be breaking down the level its will go to the next support level 1800 Why we like it: the market will be sideways waiting for a trend line breakout watch candle close the trend line 200EMA & 50EMA consolidating 1st...
Gold once again traded in a tight range yesterday with the price floated within USD12 and closed up by USD5. Everyone should be able to take advantage of the range 1794-1810(1) in the past few trading days as the market is basically moving in line with our expectations without any surprises. The Fed. meeting later on today should be the stepping stone for the...
Gold has stayed once more in a tight range last Friday. The price opened near 1807 and has begun its way down before the European session opening. The price has rebounded at the US session after it has touched a weekly low near 1789. The day ended at 1802, down by USD4. The price has been trading between 1794-1807(1) since last Wednesday. The buying...
the analysis of gold contract is Berish trend continuity. doesnt have enough force for break resistances...
#GOLD BUY 1D GOLD (XAUUSD): Preparing For US Session | Technical Outlook
Gold after penetrated the resistance area around 1800 and rallied for few days, reversed below the longer-term Moving Average made a lower high around 1835. Currently, Gold is retesting the support area at 1800 forming small candles which indicates the strength of this area to push the price upward to 1835 and 1850. However, the oscillators started to provide...
BULISH view for gold. Actually Bitcoin, gold there's types of assets fly together and bitcoin also started it rally... So fundamentally gold has a chance to go upside...
Gold analysis Cup & Handle breakout probability... although it's more helpful for investors... . . . 🧐🧐🧐