Hi friend. XAUUSD going upper from support (I told about this level like a bears target in my previous idea below). Now we have very powerfull bears distribution without new bears or bulls accumulating. Also there was some bulls distribute. So my opinion upper trend in near time. Follow me;)
XAU/USD is reacting off a support level which is a pullback support and could rise from this level to our take profit. Entry: 2,285.63 Why we like it: There is a pullback support level. Stop loss: 2,263.13 Why we like it: There is an overlap support level which lines up with the 161.8% Fibonacci extension. Take profit: 2,320.23 Why we like it: There is a...
Gold has entered a bearish consolidation phase following the release of a robust Nonfarm Payrolls (NFP) report, which revealed that the US economy created significantly more jobs than anticipated in May. This unexpected job growth has prompted investors to reconsider their expectations for a September interest rate cut by the Federal Reserve (Fed). Consequently,...
Technical Analysis with fundamentally The price has followed its bearish trend, reaching our target of 2290 The price will touch 2302 and then will consolidate between 2302 and 2292 till breaking Bearish Scenario: The price may correct to 2302. If it remains below this level, it will drop to 2292. A break below 2292 could lead to a further decline towards...
Second markup of the week of course has to be gold, Are two major pairs looking quite similar this week with a 4 hour breakdown a four hour range that holds no low yet & of course a range created by the NFP. Our ideas for gold are the following price running down taking out the low we have marked for liquidity this ultimately delivering our four hour low of our...
Technical Analysis The price has successfully followed its bullish trend, reaching our target of 2386. Today, the market is expected to be highly volatile due to the reports on non-farm payroll (NFP) and unemployment rate. Depending on these economic indicators, the price might correct to 2357 before dropping to 2328. It is crucial to monitor the closing of the...
Hi friends. Today gold. Very intresting situation on a market now. We have big bearish accumulation zone: 2287 - 2440. And now price will falling to 2252 on my opinion. Volume analys based on my author indicators. Levels thanks to X-Lines script.
Hello,Traders! GOLD is going down And Gold looks locally Oversold so after it Retests the horizontal Support of 2280$ We will be expecting A local bullish correction Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
I've been trying some custom approach / experiment on detecting reversal play in advance stages -- and my current case study is XAUUSD. Here's how it looks. Based on weekly data, we got a thinning price line with a shifting inverted support lines (bottom lines). A good confirmation Identifier would be a complete horizontal inverted support line shift. 1950...
Upon examining the monthly gold chart, it appears there could be a significant price drop, a secondary scenario in our analysis. We don't foresee a 50% decrease in the near future, though it's not impossible, especially if the market downturn affects all sectors, including gold. It's crucial to consider all possibilities due to market unpredictability, even a drop...
Hello traders, I want share with you my opinion about Gold. By observing the chart, we can see that the price rebounded up from the current resistance level to the 2400 level, which coincided with the seller zone and even rose higher, but when it reached the resistance line, the price turned around and started to fall. In a short time, the price declined to the...
✅GOLD will soon retest a key support level of 2280$ So I think that the price will make a rebound And go up to retest the supply level above at 2303$ LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Some time ago price entered to rising channel, where it soon broke $2320 level, which coincided with support area. Then price continued to grow in channel and later reached $2390 level, which soon broke also and continued move up. Soon, price left channel and...
GOLD: Bullish Setup Anticipated Amid USD Weak and Low Treasury Yields On Tuesday, gold dropped to the $2,315 area, nearing the multi-week low touched the previous day, influenced by a modest strengthening of the US Dollar (USD). Despite the USD's attempted recovery from its over two-month low, there was no significant follow-through, due to increasing...
Hello,Traders! GOLD is trading in a Local uptrend and the Price made a retest of The broken key horizontal Level of 2363$ which is Now a support and from where We are already seeing a Bullish rebound so we are Bullish biased and we Will be expecting A further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
#XAU/USDT #Analysis Description --------------------------------------------------------------- + Gold has recently broken out from the channel, and the price appears to be heading towards the next resistance level. + Although I expect a minor retracement from this breakout, we can enter the trade at the current...
Technical Analysis The price has successfully followed its bullish trend, reaching our target of 2369. Today's market continues to exhibit bullish pressure, having stabilized within the bullish trend. As long as the price trades above 2357, it is expected to rise to 2369 and 2377. However, a break below 2357 could lead to a decline towards 2347 and 2344. ...
Hi folks today I'm prepared for you Gold analytics. Some days ago price started to decline from the trend line and in a short time declined to the resistance level, after which broke this level and continued to fall. Later, Gold fell to the support level, which coincided with the support zone, and started to trades inside consolidation, where it at once started to...