Gold reached ATH!!! Here is my buy zone and target! Play safe, i would NOT short this!
The Month of May is days away from closing. A ‘shooting star’ candle is printing. Price action must climb up and over 2020 to prevent this candle from printing. Should it close as is then price action will correct 20% to 1550, for starters. This is not the bull market gold dealers are advertising (remember they are pulling it out the ground for 800 an ounce). And...
Gold prices continue their positive trend for the fourth consecutive day, nearing a multi-month peak. The belief that the Federal Reserve has completed interest rate hikes and is initiating policy easing in 2024 remains supportive. From a technical perspective, the overnight breakthrough above the horizontal resistance at $2,008-$2,010 is considered a new catalyst...
TVC:GOLD chart mapping/analysis for last week of November. TBC further details/write-up via ideas section.
Hello guys According to the chart that you can see the price broke the trendline and now the correction movement is 100% and now we expect the price can drop from this area and touch our targets. IF THE PRICE CAN BREAK THE 1996 TO UP, THIS ANALYSIS WILL FAIL. if you have any question and need any help , send us messages Good Luck AA
Here are the important key levels to watch on Gold next week. Horizontal Key Levels Horizontal Resistance 1: 2004 - 2010 area Horizontal Support 1: 1931 - 1938 area Horizontal Support 2: 1873 - 1889 area Vertical Key Levels Vertical Resistance 1: Falling trend line Consider these structures for pullback/breakout trading next week. ❤️Please, support my...
It seems that the pound will rise in the coming days and we will see a short growth. In the relevant chart, I considered a series of support areas where we can see the reaction of candles to those areas. If you agree with my opinion, please support me
Hello Traders, here is the full analysis. Watch strong action at the current levels for BUY. GOOD LUCK! Great BUY opportunity NZDCAD 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...
Hello everyone, this is Antonio. Because the original TradingView account expired, I stopped updating articles for a while.But my trading did not stop.To be honest, I am not a financial writer, but a loyal trader, so I pay more attention to combining the market to develop my own trading plans and trading signals, and I am keen to participate in market...
COMEX:GC1! chart mapping/analysis. Note: TradingView chart B-ADJ adjusted for contract changes Gold Futures holding bullish consolidation after epic rally since early October due to Middle East tensions triggering a "Flight to Safety" trade + institutional short covering. Wait & see approach whether Gold will continue to climb higher within ascending...
Gold price defended the rising trendline support at $1,978 on Monday. But sellers have flexed their muscles, teasing an ascending triangle breakdown on the daily chart early Tuesday. If Gold price manages to yield a daily closing below the rising trendline support, now at $1,981, a downside break from the ascending triangle will be confirmed. Immediate cushion...
The positive sentiment in the stock market is a significant obstacle for gold prices. Conversely, declining US Treasury yields, a weakening US dollar, and the expectation that the Federal Reserve will not raise interest rates further could support an increase in gold prices. Furthermore, the ongoing conflict between Israel and Hamas and global economic conditions...
While waiting for completion of our impulsive structure (see chart below), from a technical point of view, it is possible to follow some speculative trade. In this case, we can try to take a long position with a stop loss somewhere below yesterday's low. This is a high risk trade, so it would be a good choice to use a small size. (Click and Play on chart below)...
#GOLD... marker just placed our upside mentioned area 2007, It's market first resistance above 2k Keep close it because next 10 to 15 points ride will start from here. It's your key level now.. Trade wisely Good luck
Gold had its second consecutive day of price decline after the news Employment Cost Index q/q and CB Consumer Confidence were announced. The H1 gold price push down has broken through the accumulation price range above to go down, but has not created a new low price bottom and broken the latest bottom, so it has not created a downtrend. With the current downward...
Gold prices rose rapidly in the short term on Thursday. Although the U.S. 10-year Treasury bond yield climbed 13 basis points to 4.95% on Wednesday and the U.S. dollar index rose 0.24% to 106.79, the gold price seemed unaffected by the recent strength of the U.S. dollar. Hitting a one-week high above 1985. According to the description of gold's K-line chart...
Yesterday, the price of gold rose to an intraday high of 1993.52 during the European trading session, but then fell back, finally closing up 0.26% at 1984.74. From a fundamental perspective, the trend of spot gold prices is affected by multiple factors. On the one hand, global economic instability, geopolitical tensions and uncertainty in financial markets will...