Daily/4h time frames analysis for Silver. Price action & key levels. Directional bias & thoughts. ❤️Please, support my work with like, thank you!❤️
After his aggressive correction , GOLD will continue his travel to the moon
Gold is at the Edge of 44 Years Old Trend Line beautifully placed weekly candle just above the Trend Line, Giving perfect signal for Retesting done and Gold is ready to Take Big Fly
Hey Everyone, Please see our 4H chart update from Sunday with just our swing range updated. We had our Bullish target hit at 2389 start of the week followed with no ema5 lock above, confirming the rejection into the bearish target. Bearish target at 2354 was hit followed with a cross and lock below this level opening the retracement range at 2326, which was hit...
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...
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...
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...
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.❤️