The geopolitical situation remains tense, and Israel's attack on Rafah is on its countdown. Israeli warplanes violently attacked the northern Gaza Strip for a second consecutive day on Wednesday, breaking weeks of relative calm. Israel said it was moving forward with plans to launch a full-scale attack on Rafah in the south. This will again be important...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves and " AB " Corrective Waves RSI - Divergence Break of Structure Bullish Channel as an Corrective Pattern in Short Time Frame Fibonacci Level - 38.20% / 50.00%
LDN session open I am trading XAUUSD Currently up 80 pips I have taken partial profits for the day and heading out for breakfast.. Hoping to smash target before I am back. Another good day in the books.
What everyone needs to pay attention to in the near future is further news on the situation in the Middle East and economic data from the United States. The geopolitical situation has slowed down. For the time being, Israel, Iran, and Hamas have no radical actions or battle plans. The market is a little calm, and the safe haven of gold is not so obvious. In...
Gold News: Read the Latest Analysis on XAU/USD Gold Price: Current Pricing, Prices Chart & Rate Graph Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its...
Hey Everyone, Another great day on the charts today with our Goldturns respecting level to level. Yesterday we stated that each of the Goldturns within the open swing range gave bounces inline with our plans to buy dips and now heading to 2333 for a test of resistance previously support. - This played out perfectly with 2333 hit today. 2333 is now acting as...
Hello Traders, here is the full analysis. Price reversal going up, levels for BUY . GOLD long ! Great BUY opportunity GOLD / XAU I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I...
🏃♂️ Gold is moving in the 🟢 Support zone($2,327-$2,302) 🟢 and managed to break the Uptrend line and the Support line yesterday. 🌊According to Elliott's wave theory , Gold seems to be completing wave 4. 🔔I expect wave 4 to finish near the Resistance lines and 🟡 Price Reversal Zone(PRZ) 🟡, and Gold will start to decline again and break the 🟢...
During the day I trade from these levels. The history of level development can be seen in my previous posts. They cannot be edited or deleted. Levels are drawn before the European session, based on volumes. Used as interest levels for intraday trading. When returning to the level, a “reaction” is expected, which can be traded both for a rebound from the level and...
Market Analysis PT1/2 (24th April 2024) XAUUSD Analysis On the 1 hour timeframe, Price action has rejected off a daily orderblock couple with a weekly bullish Fair value gap, creating a bullish Change of Character to the upside. This means that there could be potential intentions of price creating a potential bullish market structure shift on gold,...
Hey Everyone, Yesterday we had EMA5 cross and lock below 2371 opening the retracement range 2355 and 2333. - Both levels were hit. Today we had the lock below 2333 opening the swing range levels below, which we said will allow us to buy dips on bounces on the Goldturns. - Each of the Goldturns withing the swing range gave nice bounces inline with our plans...
A survey released by the Federal Reserve on Wednesday showed that U.S. economic activity expanded slightly from late February to early April, and companies said they expected inflationary pressures to remain stable, continuing a recent trend that has prevented the Fed from cutting interest rates. In terms of the geopolitical situation, the United States, the...
XAUUSD SELL TP in the chart SL in the chart Good luck guys Note: To reduce the risk on your balance you have to use only 2% of your balance. - - - - - -❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️.
Last week (April 15, see chart below), we discussed the 'necessity' of Gold (XAUUSD) for a medium-term technical pull-back based on its 5-year Cycles: As you can see, we did get indeed the expected rejection at the top on Friday and this week we have started with almost a -5% already. The 1D RSI Double Topped on overbought territory and now is on a Lower Low....
🔨 Gold seems to have managed to break the 🟢 Support zone($2,373-$2,360) 🟢. 📈In terms of Classical Technical Analysis , Gold has formed two Symmetrical Triangle and Rising Wedge Patterns . The lower line of these two patterns is common, and Gold has succeeded in breaking the lower line of the two patterns . 🌊According to the theory of Elliott waves , it...
Hey Everyone, We started the week high lighting two weighted levels 2408 and 2371 and was looking for either one to lock with ema5 to open the next range. 2393 resistance held on market open with no ema5 challenge on 2408. The rejection followed with the weighted Goldturn 2371 test our bearish target. EMA5 cross and lock below 2371 opened the retracement range...
Trading Setup: A Trading Signal is seen in the Gold XAUUSD (1h) Traders can open their Sell Trades NOW ⬇️Sell Now or Sell on 2361.0 ⭕️SL @ 2399.3 🔵TP1 @ 2274.3 🔵TP2 @ 2235.6 🔵TP3 @ 2178.9 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning Trading ...
Hello traders ,what do you think about GOLD?After its recent growth, gold has reached the ceiling of the long-term channel. After a little fluctuation in this area, it is expected to correct at least to the midline of the specified channel. If this post was useful to you, do not forget to like and comment.❤️