Do not forget that today we are expecting FED interest rate decision and press conference. Gold will most likely react strongly to this news. Here are the potential scenarios. Bullish The market formed an ascending triangle formation on a daily, it is currently testing its neckline. If the price breaks and closes above that, it will be a strong bullish signal...
FED rate is ahead. In this video, I will share with you a trading plan, Important key levels, price action analysis and trading recommendations ahead of the news. ❤️Please, support this video with like and comment!❤️
Gold is trading in a minor bearish trend on a daily. Lower highs are perfectly respecting a falling trend line. After the last test of that, the market started to consolidate on a 4H time frame within a horizontal range. Bearish breakout of the support of the range is an important sign of strength of the sellers. We can anticipate a further decline next...
Here is my latest structure analysis for Gold. Horizontal Structures Resistance 1: 2054 - 2064 area Resistance 2: 2077 - 2088 area Resistance 3: 2142 - 2148 area Support 1: 1964 - 1980 area Support 2: 1931 - 1938 area Vertical Structures Vertical Resistance 1: Rising trend line Consider these structures for pullback/breakout trading. ❤️Please, support...
Gold was very bearish this week and the price managed to set a new local lower low lower close, violating a solid rising trend line. Even though the market closed recovering, I remain bearish biased. I do believe that the fall will continue next week. Next support - 1980 ❤️Please, support my work with like, thank you!❤️
Multiple time frame analysis for Gold. Price action analysis. Important key levels. Directional bias. Thoughts. ❤️Please, support this video with like and comment!❤️
The yesterday's retail sales data turned out to be very bearish for Gold. The price violated both a solid rising trend line and a key horizontal support on a daily. The broken structures compose a supply zone now. We can anticipate a further bearish continuation. Next support - 1979 ❤️Please, support my work with like, thank you!❤️
Good evening gold gang! hope you are all well and grabbed the winners with me on this super slow day due to the bank holiday in the US Price is making beautiful bullish price action confirming my target for 2069 this week but as we know ... alllll could change at any point hah I believe we will need to pop down for some liquidity before we come up .. so ill be...
I see multiple strong bullish signals on Gold after a test of a key daily horizontal support. The price violated and closed above a resistance line of a falling wedge pattern. The market also formed an inside bar formation, the range of the mother's bar was violated as well. These 2 bullish confirmation indicate a highly probable bullish continuation. Next...
After setting a local higher high, Gold retraced. It is currently testing a wide horizontal demand area on a daily. To buy the market with a confirmation, watch a bullish flag pattern on a 4H. Bullish breakout of its upper boundary will be your strong bullish confirmation. A bullish continuation will be anticipated at least to 2075 then. ❤️Please, support...
Whats up gold gang! back to the winners circle with the 1 shot sell today! congrats if you got in Price is still undecided stuck in the range! .. it attempted a breakout today and shot up to my sell zone where we took them down back into the range. It then broke to the downside and came back up to the range once again!! Some accounts will be blown here as...
Here is my latest structure analysis and key levels for Gold. Horizontal Key Levels Support 1: 2015 - 2019 area Support 2: 1973 - 1979 area Support 3: 1931 - 1938 area Resistance 1: 2077 - 2088 area Resistance 2: 2143 - 2148 area Vertical Structures Vertical Support 1: Falling trend line Vertical Resistance 1: Falling trend line The market is currently...
WHAT IS UP GOLD GANG! long time no speak .. we are back with a new year and ready to spring into action Id like to see gold move up in the asian session to the algo 2069 .. grab liquidity and then take sells down from there bearish order flow is in charge currently and the EF you see at the top means engulfing fail which is a great indication to come down 4h...
whats up gang!! last day of the trading year for me .. and im coming in with a bold statement! i believe the algo level 2069.83 gets tapped today ... its a major level for institutions and i think they gonna be selling into the new year from there. Nice strong move up in asian session .. the one i was looking for all day yesterday .. and now sat at the algo...
good evening gold gang!! hope you are ok and survived this boring day of little volume. Analysis was spot on again with the move up in asian .. catching the trade in pre london and also bounce sells coming later on in the day ... amazing! lets stay out of the current range as its super low volume .. i want to see a close above the impulsive move to take buys...
After a confirmed breakout of an intraday horizontal demand cluster, Gold started to recover steadily within an expanding wedge pattern. We saw a strong rejection from the broken area. Our next bearish signal will be a bearish breakout of the support of the wedge with a 4H candle close below that. It will push the market at least 2010 level. If you haven't...
Have a nice day traders. GOLD price is trading with a range of 2016-2041 in the H4 frame. It is predicted that gold prices will continue to increase before gold prices decrease in 2016 💚
Gold nicely respected a horizontal daily supply area. The price formed a bearish engulfing candle on a daily and violated a support line of a horizontal range on a 4H time frame. I believe that the price may drop lower next week. Next supports: 2010 / 2000 ❤️Please, support my work with like, thank you!❤️