❗Xauusd/ Gold Analysis Gold is still trending in the major Daily bearish momentum. According to Technical analysis and Market structure, gold made a lower high after failing to break above previous structure high After retesting the 50% retracement of the previous daily LH level Gold is now forming a Head&Shoulders indicating that there is a strong possibility of...
Although gold has a bright bullish future ahead we must first deal with the problem at hand, which is the double bottom liquidity holding at 1677. I assume price won’t reach new highs without first taking out the planted buyers at the lows. Gold tapped into the 50% retracement of the daily sell-off, I don’t think this pullback is sufficient, I would like to...
Bearish pin bar formed on Gold 4H chart near supply area and we may see another leg lower. $1810 - $1815 is likely to emerge as a powerful resistance if the rebound picks up pace for XAUUSD. Sellers will look for fresh entries below $1799 towards $1791 and new fresh lows once $1790 support will have a clear break. A move above $1815 would invalidate this scenario.
Gold couldn't manage to break below the key support yesterday but it makes another try today. With every new try it is more likely that we will see price breaking below. Like we said many times before we expect price to reach the 1775 level. Then any active sell trades will be with stops in a positive territory and when it comes to new entries, we recommend to...
What do we have on the gold chart? Let's look at the global picture! Gold updated the high of 2011, then corrected and found support at 1677$. It is now closed in the range of 1677$-1918$ and while the gold is in this range, we should just wait for a clean pattern to enter the position. In addition, we can see that the gold is now near the trend line, which also...
I can see inverse head and shoulder formation in XAUUSD also there were 3 bottoms, which suggest to a very bullish movement
GOLD on the daily chart after retraced at the 0.5 of the previous impulse. The market is now trading below the 0.382 over a support structure. According to Plancton's strategy if the price will break below we can set a nice short order. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue...
Gold traded within a tight USD 15 range yesterday. The price broke the 1800 support early in the Asian session and has fallen all the way to the day-low near 1795 during the European session. The rebound to day-high has begun once the US session became active. The market ended at 1806, up slightly by USD2. Nothing has changed so far in the 1-hr chart, the...
In our previous analysis we earned 600+ PIPS profit in two way targets. Gold will move up from 1790 area to complete Third wave.. In XAUUSD trade, I observed two new entry points for buy trades and trade achieved first pathway with two targets. 1833 level pivot point was proved to be crucial and trade rejected from this area and visit 1794 level as I said before....
Hello traders, this is my analysis for BITSTAMP:BTCUSD and the way I will operate. Post your idea/analysis below for discussion. Thank you all for your support. For more accurate setups, stop loss, take profits and mentoring services, FX signals, Crypto, Indices and Stocks PM me.
Pull Back Possible Before Long, While DXY Pulls Back (Temp/Short Term Play) - I Feel If DXY Keeps Producing Bullish Market Structure / Higher Highs - Higher Lows - Gold Will Be Bearish Longer Term. However If DXY Breaks Bullish Higher TF Structure Gold Can Continue Bullish. See DXY Analysis For My Directional Bias Thoughts. As Always Structure Is King &...
Dear traders , With reference to my earlier chart on gold , it hit my target price that was 1792/1793 zone and followed the path as plotted in the earlier chart. We have strong resistance at 0.236 Fibo level ( 1791 ). Two possible scenarios 1)If 1791 rejected we could see it heading back to 1815 levels. 2) If 1791 broken , I expect it to consolidate around...
Hi everyone! We maintain our bullish bias on Gold as prices are holding well above a key weekly support zone , in line with the ascending trend line and 61.8% retracement . On the H4 time frame, a pullback in prices to the support zone at the 1782.5 zone, in line with the 61.8% and -27% retracement presents a buy opportunity. Keeping in mind the weekly time frame...
IM SEE XAU HAVE REVERSAL POTTENSION AT 1791-1792 Level Fibo 50 IF REJECTED YOU CAN BUY & HOLD Possible Take 400-600 Pips Profit & Dont Forget Use A Money Management Good Risk Ratio For Safe We Will See Soon Hope You can Make Profit Guys !!