GOLD may have breakdown to daily support level as the market left a hige gap unchecked, there is very high probablity it may drop from 50% fib level to fill the gap as the the long term trend is down. The price on the lower timeframe currently has fromed a head & shoulder and my continue to drop to daily support level.
As Gold has retraced back to 78.6% of fibo level and would likely be falling from this price range the confluance for sell entries we have strong resistance level at 1864 to 1861 level also the confluance is we know that gold is in a downtrend and would return to its price level as in my anylisis gold is trying making lower high and would go for a Lowe low to...
After Hamas' surprise military attack on Israel last weekend, safe-haven demand for gold increased sharply. Thereby, December gold price increased by 18.40 USD, to around 1,863.40 USD/ounce. Besides, the gold market is also being affected by US macroeconomic data about to be announced this week. Daniel Pavilonis, senior commodity broker at RJO Futures, said that...
The trading ideas I gave you today are still based on long gold at low levels, and I remind you to do long gold around the short-term support position today. The first support position we focus on is the 1846-1844 area.We were long gold around this area. Gold has now successfully touched my expected profit target position of 1854. Congratulations to all of us on...
Hello, according to my analysis of the gold market. Gold is still under pressure from sellers despite the recent events that caused gold to rise strongly on this day. We notice the formation of a descending channel. There is also very strong resistance at 1895. good luck for everbody
That's what I see For #GOLD. GOOD LUCK>>> • Warning • Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end. The risk management of the position must comply with the stop loss. (I am not sharing financial or investment advice, you should do your own research...
Yesterday, I and everyone made a summary of our transactions in the past three months. In the past three months of transactions, although we sometimes suffered losses, overall, we achieved pretty good results.We made a profit of $170K. Although this number is not huge, I am still quite satisfied. Affected by the geopolitical situation, gold has so far reached...
NYMEX: WTI Crude Oil ( NYMEX:CL1! ), COMEX: Micro Gold Futures ( COMEX_MINI:MGC1! ) Over the weekend, military conflict in Gaza between Israel and Palestine shocked the world. I condemn violence against civilians and pray for the victims and their families. In the following paragraphs, I will discuss how the prices of strategically important commodities, namely...
Bear market rally is forming with Gold. We are seeing a somewhat recovery. But the overall medium term trend is down. And we need to act accordingly to the major trends. This is a normal Dead Cat Bounce. And the ONLY way it will prove me wrong, is if it breaks out of the downtrend which will start a new uptrend. So what could cause this uptrend? 1. Safe...
As you can see, the price had a bullish reaction after touching the HTF order block. Now if the price can stay above 1818 we can expect a bullish move for a short term and define 1840 as a target. Personally, I will study the price for a short position, if the price reaches to Supply zone. 💡Wait for the update! 🗓03/10/2023 🔎 DYOR 💌It is my honor to share...
I think that gold's market will see lower prices this week and seeks a bigger liquidity to change the trend. in my opinion the last up move was just a buy side liquidity grab to continue the downtrend and the trend isn't change yet
Although the data for gold were negative yesterday, the market did not continue to reach a new low, which also proved what was said yesterday that the market will start to fluctuate and adjust! If the weak is no longer weak, it will turn strong. Gold is still bullish at low prices today. Go long at 1815! It can be seen from the 4-hour trend of gold that it has...
World gold prices tend to increase in the first trading session of the week. Wall Street analysts and retail investors are evenly split on the outlook for gold prices this week. After a series of days of losses since the US Federal Reserve (FED) kept interest rates unchanged on September 20 and after the US employment report pushed spot gold prices to a new...
WTI oil is opening with green gap this week, Probably it’s going to go down to 78.9$ level this week testing this level. Therefore we will wait to test this level then take another look at chart.
Weekly Candle has bounced off the weekly support area. Daily candle closed bullish engulfing after Fridays Non Farm Payroll numbers were released. This supports a bullish bias going into the new week. We can expect a continuation to 1850 and 1862 in the next couple days. 15 Minute chart has taken sellside and then given us a market structure shift as annotated....
Hello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze...
Hello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze...
we expected some long position in short term on monday and then bear make decision to the next low or stop this trend...