Many got distracted when Gold was trading in a range the last few years.
A question for you to ponder over:
Will there be a situation where interest rates continue to rise and yet a lower Dollar? Why?
Let me hear thoughts, I would love to exchange ideas with you.
Included last two videos link below, I explained:
i) Gold is still an inflation hedge
ii) Gold...
Pair : XAUUSD ( Gold / U.S Dollar )
Description :
Bullish Channel in Short Time Frame as a Corrective Pattern
Selling Divergence in Short Term and Buying Divergence in Long Term
Break of Structure
Bearish Channel in Long Time Frame
Completed " 12345 " Impulsive Wave and " A - wxyxz " at Fibonacci Level - 78.60% and Making its " B " Corrective Wave
As you can see, we expect the price to rise from here until our low time frame supply zone and then fall.
For that, we need confirmation.
We can define targets as follow:
1848
1826
1815.6
💥Important note: If the low time frame supply zone (you can find it on the chart) will not confirm, we expect the price to rise and fill the fair value gap of 1918.54-...
XauUsd correction should end by the end of April. XAU to $1750-60. Overall I am bullish on Gold and I think we will see a new all time high this year. My 2023 target is at least $2300. That's 31% increase from $1760. Don't miss this chance.
For me Gold looks bullish. did took a nice sell just before. now looking for long so that we can come up and fill the Asia Range that moved the price to the down side.
Also we have an OB on the 1 min chart.
What do you guys think?
Please leave a like and dont forget to comment your opinion!
XAUUSD - Intraday - We look to Buy at 1740.0 (stop at 1730.0)
Bespoke support is located at 1739.0. Buying posted in Asia. A move to 1773.0 will form an intraday bearish Gartley pattern. Risk/Reward would be poor to call a buy from current levels. Preferred trade is to buy on dips.
Our profit targets will be 1773.0 and 1775.0
Resistance: 1773.0 / 1775.0 /...
Trade Idea: Selling Gold
Reasoning: Rolling over to the downside. Expecting Dollar to remain king.
Entry Level: 1651.46
Take Profit Level: 1617.50
Stop Loss: 1660.05
Risk/Reward: 3.96:1
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...
It seems that Gold is completing wave 5, and the end of this wave will most likely be in the support zone.
I expect Gold to start growing after the completion of the 5th wave, at least until the micro-end of the 4th wave, and touch the support zone.
Gold Analyze ( XAUUSD ), Timeframe 1H (Log Scale).
Do not forget to put Stop loss for your positions (For every...
Currently, the Gold price chart is facing an increasing angle in a descending channel. ( the Opening angle in the range of motion frequency, also call geometric Brownian motion ).
There is a possibility of Breaking the bottom of the Channel and a Fall in the price range of $1,718, and this price range is also the Bottom line resistance of the channel.
Gold dollar...
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Please write any advice or suggestions.
Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed and ask any questions.
Thanks for your attention
Pivot Point: 1766
Currently: Consolidating at this 1773 level , its next support zone is at 1780
Reaction: Resisted at 1756 and retraced back to 1750
I just started sharing my daily technical analysis of Metals & Forex Market with my indicators on tradingview~ Wish to receive some feedbacks from you! 😊
Btw you can feel free to use our designed indicators!!! Just...
Hi everyone
The effects of U.S. consumer inflation data on Friday can be seen already.Starting the week with a red bar doesn't look good.
There is a triangle pattern on daily on XAUUSD and it has already seen 2 pushes down, this move down will be the 3rd.But in case a break out occurred reaching lower levels will be possible.
Hope this analysis helps you in...
