As We Talked in The Previous Analysis: The Gold Price Failed To Create a New Higher High ! The Support Line is Broken ! Presently, The Price Has Pulled Back to 0.5 Fibonacci Retracement Level and Formed a Bearish Double TOP Pattern. --------- TARGET: 2260.000🎯
I think it ll be the next step for. gold this 2 DAYS ....and THE DAILY target is 2260 ... ll SEE IT soon
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Bullish Channel as an Corrective Pattern in Short Time Frame and Breakout of Lower Trend Line Break of Structure RSI - Divergence Completed " 1234 " Impulsive Waves S / R Level
I see bounces from the same resistance line - But no large breakthroughs. To me, a strong sign of support at the fibonacci line of ~1684.32. The next strong resistances I expect are around ~1834.88 and ~2078.25 respectively (~1834.88 would be a decent ~8.9% profit margin to sell if I wanted to play it safe.). We could be in for a new ATH pump if we see a...
Hi Traders ! The Gold Price Failed To Create a New Higher High ! Currently, The Support Line is Broken ! So, Let's Expect The Bearish Scenario: If The Price Breaks and Closes Below The Support Level (2318.740 - 2333.375), We Will See a Bearish Move 📉 TARGET: 2260.000🎯
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves and " AB " Corrective Waves RSI - Divergence Break of Structure Bullish Channel as an Corrective Pattern in Short Time Frame Fibonacci Level - 38.20% / 50.00%
"I am eyeing an opportunity with a target price (TP) set at 2270, indicating a strategic approach to managing risk and maximizing returns in the market. FundamentaI stiII positive for goId"
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed Impulse and Corrective Waves " ABC " Break of Structure and Retracement RSI - Divergence Bullish Channel as an Corrective Pattern in Short Time Frame with the Breakout of Lower Trend Line Consolidation Phase
- Everything is in graph. - maybe Gold will start a new rise after BTC Halving. " In a bearish market, investors typically prefer to buy gold, and at times of high inflation and market volatility, gold is considered by many as a 'safe haven' asset. " - This was the definition of a safe heaven i found in Google, but this have no more sense in 2022.. - if you...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed Impulse and Corrective Waves " AB " Break of Structure and Retracement RSI - Divergence Bullish Channel as an Corrective Pattern in Short Time Frame Fibonacci Level - 78.60%
A follow up from the 15 year Cycle Gold is going through - Forget the news it's part of the cycle.
Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GOLD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments....
Timeline is 6 months - 2 years The crash has already started. At some point everyone will start to sell thier treasury bonds, yields will go up proportionally to inflation until the dollar loses it's status as the global currency and dramatic measures are used to stop inflation resulting in stagflation and yield recovery. Else hyper inflation and the dollar is...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves Break of Structure RSI - Divergence Fibonacci Level - 78.60% Rising Wedge as an Corrective Pattern in Short Time Frame with the Breakout of Lower Trend Line and Retracement
In our last analysis, the Gold price has been reacted to upper dynamic resistance. finally, buyers got the rope and broke above the upper dynamic resistance. Right now gold is bullish and buyers are buying in every dip. We Are expecting the price to eventually reach into 2300-2350 zone this week. Plus, we have NFP/Unemployment news this week. Our technical view...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed " 1234 " Impulsive Waves Break of Structure RSI - Divergence Bullish Channel as an Corrective Pattern in Short Time Frame Fibonacci Level - 61.80%
Hey AII I hope this emaiI finds you weII Gold is currently in a good buying zone, but there's a different view. For my opinion picture it like navigating the Bermuda Triangle – mysterious and unpredictable. If it breaks down, it could drop to 2120.500. The price-to-earnings ratio (PE) is around 2178, indicating uncertainty. Yet, there's a solid support level...
Hello Traders Gold prices have had some decent gains since "14 Feb 2024". in the last few days, gold dropped some gains due to DXY strengthening. If DXY continues to strengthen itself, we believe lower gold prices are not far untouchable. Gold has made a 12345 impulse wave (rising wedge). the price has been rejected 3 times from the upper dynamic resistance...