Looking at last year trend gold is still short from 2000+ high last year. This bullish move is only temporary mainly because of cpi inflation data
Don't miss out - New Gold Idea - Updated
Hello traders, Gold in 1 hour time frame, according to previous analysis, we are now in wave 5. And this wave is formed in the form of a channel (red channel) and waves 1, 2, 3 and 4 complete themselves, and now we are inside wave 5. If the middle resistance of the big red channel is broken, we expect to climb to the price of 1855. If the bottom of the red channel...
Hi everyone! In the last idea I waited for the movement down gold. However, instead the price overcame strong resistance and at many stop loss just worked. Now the price reached the week resistance from where the start of motion is possible down. I continue to wait for reduction of price. As there are no bases for change of a long-term bearish trend yet. The...
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (1854.75). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . XAUUSD is in a uptrend, and the beginning of a downtrend is expected. . The price is above the 21-Day WEMA, which acts as a...
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (1854.75). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . XAUUSD is in a uptrend, and the beginning of a downtrend is expected. . The price is above the 21-Day WEMA, which acts as a...
Gold recovered near 0.5 fib from June high, besides of daily chart, all lower charts RSI now are near oversold. I expect the price to start falling slightly for a simple correction before another rally. The SL is slightly above daily MA, and TP target at near 1805.
As I said in the past 2 days, I expect a break above consolidation, and yesterday, indeed, we had this break and a strong bull run. At this point, the road to 1850 is pretty clear and we can reach this target by the end of the week. Short term traders can search for opportunities to buy dips and only Gold under 1815-1817 zone would negate this scenario
Just another random one, we are all waiting for a sell off. My traffic light system! Hold your sell positions! What do you think? Leave your comments Thanks
as i said earlier XAUUSD had long setup and that long has completed 50% of its retracement and doesn't seem to touch 61.8% level am watching a potential short is going to start very soon as C wave in Daily Time Frame and on H4 time frame 5th wave of short pattern is going to start now so lets hope for the best
News Affecting US today 07/14/2021: - Core PMI -Crude Oil Inventory -Powell Testimony With PMI out today-it usually doesn't cause too much chaos in the market like CPI or NFP, however, since the CPI numbers are posing as economic risk and the probability of rate hikes are starting to increase, there will be a lot of volatility in the market within these next...
World gold is on the rise Thoroughly analyze and write your opinion for me In 1 hour time - 15 minutes The goal is clear
FX:XAUUSD XAUUSD/Gold Analysis - The US Dollar fundamentals came out positive which can made the dollar to gain some strength of which Gold might get weak - by Following the technicals gold is now in a corrective fase of which we might see a bearish breakout due to the previous daily low that has been taken out and now been retested
we can see that gold in in consolidation period from long time it can go short or break the resistance to fill the mitigation REST UP TO ALLAH
Hello Dear Traders, You find below my analysis for GOLD, which is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame GOLD will fall to 1800 as I am showing in my chart. Our Weekly Goal is 1780. Currently, GOLD is moving towards the resistance level of 1820 ,where there is some liquidity from this value we are looking for...
Gold is stuck in a consolidation phase between 1798 and 1815 for more than a week now. However, the consolidation phase might be ending soon. The primary scenario as per my opinion is that the 1815 area will continue to offer resistance and Gold will finally drop below the 1780 level with a strong bearish impulse. On the other hand, the less likely scenario is...
Daily Suplly And Revers Qm Pattern And Sell in pullback Divergent In H1