Gold is currently trading at $1873, forming an inverted flag pattern in the 4 hour time frame. In the past 4 hours, gold prices have been trading within a range of $1866 and $1884, with a slight downward bias as evidenced by the inverted flag pattern.
The inverted flag pattern typically signals a continuation of the current trend, given the low levels of...
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.
There are two assets being the best hedge against inflation, they are stocks and commodities, especially the precious metals.
How are they performing so far? Who is the real winner and how about if inflation persists, between stock & precious metals who will perform better in the near and further future, and why?
Content:
• Their performance in the last: (who...
Intraday Analysis - ( 6 FEB 2023 )
Follow up from yesterday analysis , buys were short lived during london session whereby we managed to bag a small take profit. Followed with sells during NY session right back to retest its lows again. However with failure to break the lows, im looking for gold to retest greater sell side liquidity as marked above for shorts....
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.
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.
Hi Everyone,
Gold fail to break the resistance yesteday and gold also break the support range. High Probability (75-80%) gold will aim for the Lower price and seems it will make a new Lower Range later around (1640 - 1730) or maybe if FED hike more than 75bps on 20-21 Sept 2022, it will make a lower range from 1600- 1680 to trade next month.
i try to always we...
Gold broke short-term key points and showed growth, gold is may continue to the level of the previous support line. It is better not to enter into a short trade.
The resistance zone and the moving average are not working well, which means that there are no sellers in the market.
Gold reversal is possible at 1722 to test the 1750 level again before the sell continues to 1680 level.exciting weeks unpleasant week ahead for traders whom style for trading gold will not favour the current market structure
It is Pitchfork indicator at 4H timeframe.
Using the indicator to identify positions entry (SHORT/LONG) is paying off. Mainly in an uptrend direction.
"not a financial advisor"
