🔨 Gold started to rise after breaking the descending channel from the 🟢 heavy support zone($1,903-$1,886) 🟢. 🌊According to the theory of Elliott waves , gold managed to complete wave 5 and is currently completing wave 4. 🔔I expect wave 4 to end in the 🟡 Price Reversal Zone(PRZ) 🟡 and gold to start rising again (the 🎯 target 🎯 of wave 5 could be in the area I...
Hello, according to my analysis of the gold market, there is a high probability of an increase, as the price exited the descending channel. An ascending channel was formed as shown in the analysis. Indicates that the market to buy. Good luck everyone
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GOLD if it is below 1922 the direction downwards going until it reaches 1916 and 1910 then 1902 if it falls above 1922 the direction is going to touch 1926 again and 1933 Pivot Price: 1922 Resistance Price: 1926 & 1933 & 1938 Support price: 1916 & 1910 & 1902 timeframe: 4H
Gold was moving in downtrend earlier but now gold has change its direction in daily timeframe and moving upwards now as in confluance daily trendline is being touched on 1940 level and trying to reach its level of 1932 and then rally towards 1946 level of resistance 2nd confluance is fibo level which is showing us that price is hovering around 38.2% level and will...
I believe for next days this week we can set our eyes on two areas on chart. 1st. if the price reached the 1911 zone (+-1.5$) then we can have a long position with tp at around 1928 . (and sl at your favor and margin size. ill go with 5$ price drop) 2nd. if we reach around 1930 and above we go short with open tp1 at 1912 and tp2 around 1902. *NOTE that we take...
Today's Asia-Europe market does not have good trading opportunities for gold trading, because the overall fluctuations are not large and the profit margin is small, but I believe that there will be very good trading opportunities in the US market. If you can grasp this trading opportunity well, you can grasp the profit of at least 10 points. At present, the...
#GOLD... market continue his buying trend from friday low 1903 arround. and now reached at his day resistance area 1927 keep close it guys because if marekt hold it then drop expected from here, if not hold then upside area is mentioned on chart. only holding of this area can leads you towards downside levels otherwise not. trade wisely good luck
📈🔒🔓 GOLD: High Time Frame to Low Time Frame - The Complete Story 📊🕒 Unfold the tale of Gold's journey through different timeframes, from the grandeur of high timeframes to the intricate details of low timeframes. 🌟🔍 🌄📅 High Timeframes: The majestic vistas of the high timeframes reveal the overarching trends that shape Gold's narrative. Discover the footprints of...
The current international gold price is around 1895 on Tuesday. DXY hovered near a two-month high, but its five-week winning streak eased as investors bide their time ahead of a Fed seminar in Jackson Hole, Wyoming, on expectations that major central banks could stay relatively low for longer. Gold hovered near five-month lows amid high interest rates and rising...
During the Asian session on Wednesday, spot gold rebounded slightly, currently around 1903, although Fed officials were open to the possibility of "re-acceleration of the economy" yesterday, which helped the dollar index to refresh its high in nearly two months, making gold bulls scruples. But gains in U.S. Treasury yields were capped, and gold remained supported...
Gold Price stays well beyond the short-term key support of around $1,897 comprising the Fibonacci 38.2% on one-week. Also putting a strong floor under the XAU/USD price is the convergence of the 5-DMA and previous monthly low, around $1,905. It’s worth noting that, Fibonacci 161.8% on one-day and 61.8% on one-week joins Pivot Point one-day S2 to add strength to...
Hey Traders, What we see again is clear and obvious, so price having change of character from uptrend to down-trend, so for now we expect price to react and get away from the zone we determined... It is exactly update for entering again to GOLD, however we have news coming in couple of hour, so ave your risk management, Any question comment bellow! Thank...
Waiting for development at 1931.784 to short XAUUSD back to swing lows 1888.077 If you agree drop a like and if you have any questions leave a comment :)
As lastly the GOLD pair fly from the bottom & it test back the down area a little last week. My prediction is about GOLD to fly into 1930s area to complete its BULLISH move with respective to its pressure from the investors. The main reason behind this technical bull is its testing as we see it has rejected to go further down from 1900 which means it will keep its...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Gold has reached a significant resistance level on the 4-hour time frame. We're observing a potential selling opportunity, considering the chance that it might retrace from this point through an imbalance evident on the 4H chart. It's important to note that this should not be interpreted as financial advice. It's crucial to effectively manage your risk in any...
Today we achieved a comprehensive victory in gold and crude oil trading! The signal I am announcing to you today is as follows: XAUUSD: @ 1906-1904 Buy, TP: 1912 USOIL: @ 80-80.2 Sell, TP: 79.4 Two trading strategies, crude oil has successfully reached the profit target, and gold has also manually taken profits above 1910. It can be said that today is another...