#GOLD... so market in first session of today again placed a high arround your range top and specially ignore the trend line but not the range.. We have still valid upside range top arround 1894 and downside range bottom still arround 1889 and still a valid areas for downside breakage.. Ingore the trend line and focused on your range top and bottom in 4 hours...
Introduction: Have you ever wondered why gold has stood the test of time as a reliable store of value? Gold's unique characteristics make it a steadfast investment choice, unlike any other asset. In this article, we will delve into the remarkable properties of gold, highlighting its inability to be downgraded or be anyone's liability. Join us on this exploration...
Gold's current trend seems to be, this round of decline is a continuous shock fall, the amplitude of the shock has contracted, in the upward adjustment, there is no breakthrough of the high, the upper resistance point gradually moved down, the trend is very simple, which brings certain convenience to our short-term operation layout, relying on the previous day's...
#GOLD... As we discussed in Friday about market range and you can see hows market exect hold your range bottom and top as well. And market closed at your range bottom. A trend line is also placed.. If market break range then further dropexpect d otherwise not... Trade wisely Good luck
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 hasalmost complet harmonic butterfly around 1980 we should see some pump around 119
In the previous week, the price crossed our target of 1900, and fell to the important support of 1885. As long as the price is involved in the support zone (1902-1885), a definite decision regarding the future cannot be made. The support of 1880 can be the appropriate point for the price to return. Although the price chart has lost important supports, but for the...
look at the ingulf in the important FL, so it means we will have retrace here it may be large and take 1-2 weeks, so be careful to avoid stop hunting. Do you like this tips?
Its time for Sellers, Gold Sell now at 1915. Target will be 1813
Gold fluctuates very little today, and it is still in a downward trend. Then the current rebound can be sold, but the stop loss must be strictly set, because each decline will not directly fall. Only when gold can rise above 1900 and stand firm can it be judged that gold will not fall again, so that trading will be safer. Gold trading advice...
Gold continues to maintain a downward trend at present, and the white market has rebounded, but the position after the rebound also indicates that it is difficult for the bulls to gain an advantage in a short period of time. Therefore, in today's operation, first look at the position below 1890. If you hold the line of defense and do not break it, it will be near...
Fibonacci extension tool is showing a 1.41 level inside of a 4 hr demand zone. We also have a measured move on the previous down leg. I suggest to watch this level and not just buy it at this level. Let's see if we get a reaction off the level that we can work with and THEN go through our process to take the trade long.
#GOLD... in today no data from US side, we expect a range trade now inbetween expected range, upside we have 1894 arround and downside 1889 untill market trade in range you should cash the range.. if market trade in further range then range will be in these lines, trade wisely good luck..
DXY was flat on Wednesday (August 16) after data showed that U.S. retail sales rose more than expected in July; gold prices stabilized, boosted by a retreat in the U.S. dollar, although the Fed may remain on hold for longer after strong U.S. data was released. Expectations of higher interest rates kept gold prices near six-week lows. Gold reached a new low of 1896...
SORRY guys I mistakenly marked wrong resistance in previous idea here is the new marked resistance
XAU is respecting a parallel bearish channel and mostly rejecting from the point which is marked target is mentioned.
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.
At present, gold has been fluctuating and rising. After 1900 was broken yesterday, it only fell to the 1896 line. It did not continue the downward trend, but quickly rebounded and corrected, closing above 1900. The current trend is basically similar to the previous trend, and a double bottom has been formed below. The counterattack trend of bulls is ready to...