This 4h bullish mitigated orderblock is the zone to expect bullish orders but besides that gold has shown bullish weakness after aggressive bullish trend since the start of the year. On the chart I've played two possible scenios one is that price breaks through the order block without raiding the highs. Or price pushes up to 2366 filling up the FVG and from...
Currently, gold is experiencing a bearish market scenario, with fluctuations in its price witnessing a state of imbalance. Employing a swing trading strategy suggests waiting for the price to rebound to the $2400 mark before executing a sell order.
The strong performance of the U.S. ADP employment data in April provided new challenges for the Federal Reserve's monetary policy. In this context, the reaction of the gold market is particularly worthy of attention. After the data was released, gold fell back 4 US dollars in the short term and then rebounded. The number of ADP jobs in the United States increased...
A consistent pattern of lower lows in gold over two weeks could indicate a downward trend in its price. Several factors could contribute to this trend, such as changes in market sentiment, economic data releases, geopolitical tensions, or shifts in investor behavior. However, it's essential to consider other factors before concluding. Sometimes, short-term...
Dear Colleagues, I suppose that the wave "4" of the higher order is completing its movement. I expect a possible update of the minimum and reaching the area of 2281.89 or the beginning of the upward movement to the resistance area of 2358.71. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
The Federal Reserve is expected to announce its monetary policy decision from the April 30-May 1 meeting. It is anticipated that borrowing costs will remain unchanged at 5.25% to 5.50% and forward guidance will stay the same. The focus will be on Fed Chair Powell's press conference for insights into the policy outlook, as there are no new economic projections at...
OANDA:XAUUSD is still trying to operate above its $2,300 base price after Thursday's wild swings, with the market focusing particularly on non-farm payrolls data to be released on this trading day. ADP jobs data exceeded expectations in April and March data was revised upward, suggesting the US labor market remains strong and stable. The US ADP jobs report...
Hey there on 2hTF the Gold will again retest area 2313-2319 and again chance to pullback 2280 so we can see on next week continue sell side
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...
USOIL approaching a 50/50 level where both bullish and bearish senerio are in play but once we break below we should see usoil collapse or once we hold we should see usoil rally
For the XAUUSD short trade, please see my analysis prior to NFP here: So gold prices did respect the support now changed resistance level of 2325, gold prices popped back up to 2320 before closing out the week at 2301, with 2280 currently being a support level for gold. Overall speaking I still stand along my perspective of shorting gold and with my TP1 at...
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.
As we see on my analysis, The trend in two weeks did not push the gold to continue the momentum. But based on the Big trend, The gold still in the uptrend. As a swing trader, i will looking for any trend breakout and waiting for the chance given by filtering from high timeframe to lowest timeframe. The correlation big cause the next trend momentum big. Just...
Falling wedge pattern forms in an overall bullish trend. As we can see on H4 chart of the Gold Usd pair, We have a classic falling wedge forming. Breakout of this falling wedge will push gold prices higher with initial targets of 2340 - 2375 and final target of the psychological level 2400. Confirmation of the targets will come after an H4 close and retest of...
USOIL - Classic bullish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Buy USOIL Entry - 77.93 Stop - 76.10 Take - 81.31 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
What happened was exactly what I explained: liquidation of all buyers who were positioned in this bullish range, and a big cash grab at $2292. The price now seems to be rising again. Yesterday, we bounced on an Order Block at H4. The CHoCH on HTF will really be confirmed at $2,346, but if we break $2,328, I'll buy LTF again. Feel free to subscribe and boost...
FX:XAUUSD decreases volatility, smoothly moving into a consolidation phase before the publication of NFP. The market structure is bearish and the overall fundamentals are negative. What should we wait for? Today is quite a busy news day, but all attention is focused on NFP. The gold market is locally bearish and set for further decline. Breakout of 2295 and...
Hello everyone As I mentioned before, my ideas in hourly timeframes in correction patterns have many uncertainties and they are just to give you an idea about what might happen. You must not rely on them and get in any positions till you have reliable confirmations. My ideas that do not have Fibo level and is in general view are only to give you a view. For this...