Expect weakness from gold. Gold will start going up when fed decides to cut rates. I expect it could happen in H2 of 2024.
We have a trade running already in profit (if you followed the signal), you can now take another short with a tight Stop Loss from FVG zones for some extra green pips. Happy Trading
Abstract: Recent inflation data from the Federal Reserve has fueled concerns over persistent price pressures. In this environment, gold's inherent value as a haven asset stands to benefit. My open-source Adaptive MFT Extremum Pivots indicator, which can be applied across various markets, reveals support and resistance levels on the gold market. Based on these...
Wave 1 is a leading diagonal. Wave 2 should happen in Q1 of 2024. I think gold should rise by about 20-25 percent in 2024.
Dear Esteemed TradingView Members, I n the intricate dance of financial markets, recent analytics hinted at a potential dip in Gold prices towards the next support zone, resting delicately around the current trendline and $1920. In a broader view of gold, the prevailing trend remains steadfastly bullish. The recent descent, therefore, wasn't a harbinger of a...
US inflation eased less than expected in September to 8%, and underlying prices excluding food and energy prices accelerated to a new four decade high Core CPI gained at its highest annual pace in 40 years, rising 0.6% for the month and 6.6% for the year and Fed funds futures are now pricing in 75 bps in December, up from 50. Moreover, terminal rate expectations...
Once resistance line break, it will become support. Buy NOW. Those who buy now will stay profitable for long. #Gold XauUsd
You can see all the important zones and levels on the chart. Personally, I have lower targets on my mind for gold but for now, I expect the price to penetrate to the sell-side liquidity and then I will update this TA. 💡Wait for the update! 🗓05/10/2023 🔎 DYOR 💌It is my honor to share your comments with me💌
Well, as you can see the price had a strong bearish movement according to my previous TA, and now there is a strong demand zone in front of the price that is a weekly bullish order block. This order block can push the price up for a short term but till the price is under a bearish order block I am on a sell side of the market. 💡Wait for the...
As you can see price started an upward move after collecting the liquidity below 1903 and there was a liquidity pool above 1930 that was collected. Now price touches the important supply zone that can push price down. In this zone with a lower time frame confirmation, we can enter short and expect the price to go down at least till FVG. 💡Wait for the...
GOLD has reversed from its Supply Zone, you guys can go short. Use proper lot sizes and keep trailing your stop losses. First TP is the last Higher Low at TF-1H. Happy Trading.
Gold, this is what I'm thinking for this week and longer term: On the LTF (4HR) I think we'll fall at the start of the week due to: DXY strength Reducing momentum (MACD) Rejection at 1963.5 Localised LHLL's EMA7 and EMA20 crossing below EMA50 If I see a suitable entry around the current level then I'll be in, looking for a first TP around 1940 and...
I expect a massive bull market for gold after the breakout. And it will continue for years. My initial target is $2800-$3000. This bull market will end above $5000, or maybe close to $10000. XAU XauUsd
Gold USD chart seems to go on its bearish trend since it reached its peak level 2081. The falling trend is so strong that it broke out the bullish rising parallel channel ans tested 1894 level by breaking 1915 support level. If price can’t hold above 1915 level we might see 1880-85 level. If it holds above 1915 level then we will wait for a break in falling trend...
Trade Idea: Selling Gold Reasoning: Major reversal on the daily. Entry Level: 2034 Take Profit Level: 2003.75 Stop Loss: 2048 Risk/Reward: 2.1/1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like...
Free Daily Signal Trade OANDA:XAUUSD XAUUSD Price Action Multitime frame Analysis | Trend Line Analysis | H4 Trading | Head and Shoulders | Order Block Trend Line | Stop Hunting strategies | Channel Analysis| Fibonacci Analysis | Daily Forecast EURO / United States Dollar | Forex Trading and Earn money :) Wednesday, May 3, 2023 Free Signal
Free Daily Signal Trade OANDA:XAUUSD XAUUSD Price Action Multitime frame Analysis | Trend Line Analysis | H4 Trading | Head and Shoulders | Order Block Trend Line | Stop Hunting strategies | Channel Analysis| Fibonacci Analysis | Daily Forecast EURO / United States Dollar | Forex Trading and Earn money :) Wednesday, May 3, 2023 Free Signal