GOLD has presently retested the Bottom of the week and is absolutely beneath the MA line. According to this rhythm, anybody need to extrade the path of the Sell Wave lower back to Area 2310 after which New Canh reacts to the Support resistance or Rsi is simply too Sell after which Buy. >Like the present day Gold Wave, I will watch the transaction in 2 directions....
Looking at the current H1, we see that the price has reached the first target of wave 4 Looking at the preliminary forecast of US economic indicators tomorrow night we see. - Prelim GDP q/q decreased from 1.6% to 1.2% - Unemployment Claims increased from 215K to 218K - Pending Home Sales m/m decreased 3.4% to -1.1% US economic indicators show that the economic...
The gold small-level trend indicator has formed a bullish trend. Before the US market, the main trend is long. Today's important resistance is still around 2368. The unemployment benefit data to be released during the US market is expected to be favorable to gold bulls. In addition, there is a choice of direction in the market at present, so the volatility...
The price of gold futures surged yesterday, reflecting a rise in investor confidence in the precious metal. Gold prices climbed 1% to $2,358 per troy ounce, fueled by anticipation of upcoming inflation data and a significant shift in sentiment among hedge funds. According to a report by Barron's, hedge funds have been steadily increasing their bullish bets on...
Gold price rebound to 2365$ area before started to drop again, price reverse from a solid imbalance zone where price rejected strongly. After carefully, looking at the price behaviour it is likely to have a strong drop on gold prices in coming days. We expect price to continue dropping down until it reaches 2280 region where a strong reversal/rebound can be...
In the past day, gold reached a high of around 2364, just one step away from the resistance. Today's focus is still on whether the resistance is broken or not. Judging from the current market situation, I still want to try the resistance. It depends on whether I can accumulate enough bullish power in the 2347-2334 range during the backtest. If I can, then...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves and " A " Corrective Waves Break of Structure Fibonacci Level - 50.00% Demand Zone Impulse Correction
Hello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze...
H4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Price has printed a bullish BOS. After bullish BOS, expectation is for price to pullback. As previously mentioned, price was showing very early signs of pullback, however, we did not have indication or confirmation. I also previously mentioned that first indication, but not confirmation, would be for...
Here on gold price has made a rebound around psychological level of 2,360.000 and is like to fall after the trendline breakout. So going for SHORT is needed the targeting profits should be around psychological level of of 2,335.000
Here on gold price has made a rebound around psychological level of 2,360.000 and is like to fall after the trendline breakout. So going for SHORT is needed the targeting profits should be around psychological level of of 2,335.000
As explained in my latest video and written analysis, gold may have changed its trend. However, considering the 1000-pip drop from last week, a correction could occur. Indeed, the price started to rise after hitting a low of 2325 and reached a high around the 2360 zone. This rise is clearly corrective in nature, and gold could soon drop again in a new downward...
Again, here we are talking about GOLD and how most of the traders will get liquidated again. Majority of the traders are long and price will probably go down till the rejection level at 2349 (where i placed a long limit order for a possible scalp). From there, i expect a bounce till the resistance area at 2370 (sell limit order there) that could push next the price down
The operation still uses the 2370 position as the short-term long-short conversion point. The U.S. session is about to start, and I think a new decline is going to be too, because there is still news from the U.S. today. All can currently be sold at high prices. The target is about 2354-2358 or lower. Everyone sets it according to their own profit goals. ...
There is a potential incoming bullish move on the 4 hour timeframe. Stop loss: 2.350 Take profit: 2.400
💎XAUUSD Analysis💎 🔸The short-time period gold rate continues to be retaining an uptrend, specifically after checking out the 2347 neckline yesterday. Therefore, nowadays it's far anticipated that gold will preserve to upward thrust to discover the resistance vicinity across the 2370-2375 threshold. You can bear in mind shopping for across the 2350-2355 vicinity,...
Gold Currently I see it reacting pretty definitely to the present day parallel Resistance Zone. In order for Gold to boom strongly returned to the 238x quarter or similarly to 24xx, Gold have to at the least spoil via this 2366 Reaction Zone soon. Otherwise, I bet there can be a time to check the 234x location once more, then Gold will boom strongly. >Like Today...
Gold began to correct after the opening yesterday, and it temporarily stopped after hitting a maximum of around 2358 at the end of the US market. However, the upward trend was weak in the morning of the day, and it retreated in the opposite direction. Currently, the European market has retreated to around 2340, and the intraday discontinuity It also allows us to...