In our last analysis, we had anticipated the gold price to reach the 2300-2350 zone. right now the price has touched 2305$ and ranging.
We believe that the price has the potential to move upward and reach the 2325-2350 zone.
Our technical view has been shown in the chart.
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Team...
AU AngloGold Ashanti has operations in a variety of locations including North America and Africa.
With spot gold rising and mostly fixed operational costs, AU stands to improve its overall
margins. Here on a weekly chart, price has crossed over the POC line of the volume
profile and the mean anchored VWAP line. The Price Momentum Oscillator and Relative
Trend...
NGD on the highly reliable monthly chart has signs of bullish momentum including a cross over
the POC line of the volume profile,a monthly volume bar over the running mean for the first
time in two years price crossing over the mean anchored VWAP and both the trend and
the momentum indicators making reversals. I will open a long trade of both shares as...
The Daily (D) time frame has made an inverted hammer off the top of the Weekly (W) consolidation zone.
On top of that price is wicking off the .786 FIB levels from a minor W FIB from 1/14/24.
Looking for price to push back down to a minimum the mid point of the W consolidation zone that started 1/29/24.
We are seeing clean bullish momentum for this pair. Excellent and clear market structure of lower lows and lower highs.
Now looking for trend continuation to take a long trade.
Waiting for at least a 50% retracement into the resistance turned support- then we look for a bullish market structure shift on the 1hr and ATTACK!
This is looking like a very yummy...
Looking for price to sell down during the upcoming week. There are several inverted hammers leading up to the end of the week with very long wicks.
Price is also under the 200/50 EMA.
📊 Analysis:
Strategic Investment: NYSE:AU is making a strategic investment in G2, emphasizing exploration success as a growth driver.
Listing Shift: Plans to switch the primary listing from Johannesburg to New York are underway.
Major Shareholder: AU aims to be a major shareholder in G2.
Cost Management: Commitment to cost management is highlighted.
Bullish...
Yesterday inducement, today inducement. I'm in buys. Hbu?
I'm not happy with the movement of AUDUSD i NZDUSD that's why I'm going with a low lot and already in BE.
2WT = 2 Way Trap
RBR = Rally Base Rally demand zone
Arrows = Inducements
AngloGold Ashanti (NYSE: NYSE:AU ), one of the leading global gold mining companies, recently disclosed its 2023 full-year results, revealing a 3% decline in gold output compared to the previous year. This setback was attributed to various operational challenges encountered across key mining sites in Tanzania, Guinea, and Ghana. Despite the decline in production...
Price is breaking bullish out of a D Channel + forming a W off a D bullish Trendline. So I am looking for the W to be completed with some bullish continuation before continuing bearish.
Anglo Gold seems to be morphing in the form of a flat top triangle but it is obviously very early stages. We have a 3 bar hold off the bottom trendline, which have on both prior occasions resulted in a fierce rally in price. Should we start to see follow through on Monday with a push above the 3 day highs then we have a really good chance of going to test the top...
AUDUSD D1
Similar setup here for the aussie/dollar. We managed to get off the ground a little bit faster here as compared to cable. That being said, we also got caught with that liquidity dump and spike, which punctured support and stops before flying higher.
I feel we may see some rejection at 0.63800, before then gearing up to break upside, largely depending...
My macro bias is still bullish for DXY, therefore bearish for AUDUSD and other XXXUSD pairs. However, I am anticipating further retracement to the upside on the sub-daily timeframe.
Preferably I would like to see the Buyside Liquidity just above the current price to stay untouched or pierced slightly, then to retrace back into the Bisi 2h, 4h (R2F) zone, ideally...
First of all, we know that NFP is in 2h so all this analysis can be invalidated if we are not tagged in before the news and i have to cancel my limit order
Furthermore, this trade idea is based on HTF intention of price action and reading the market structure, so we will break it down starting from the Daily timeframe
1D
4h
1h
15m
and time for our...
we saw price switch back to bullish on the daily TF after that big drop, so we had a sign of buys, and what we always do? we look for confirmations on LTF
1D
4H
1H
15m
5m
1m
Head and Shoulders inverted pattern on the 4Hr chart.
This can be seen to have occurred at the middle line of an up channel.
With each shoulder finding support at the middle line.
I expect continuation up and possibly even breakout of the channel up.
We saw a trend change on HTF and daily supply failed, so we wanted more confirmation to switch to buys, and its always visible on HTF
4H
as we see, a big up move and we are yet to mitigate HTF supply, so we for sure not looking to take shorts for now
15m
now as we seeing price struggle to go lower and take out the lows and only seeing HH and HL its time to...
we got stopped out on monday bcs of news and price had to rebalance itself and create a new demand area and that is where we was looking to take longs from
ofc we waited for our LTF confirmations paired with HTF trend and intention :)
4h
1h
5m
2m entry
