Gold has formed a 4H MA50/100 Bullish Cross, extending the rise of the bullish wave inside the Channel Up pattern. Naturally, the 1D technical outlook has turned bullish (RSI = 61.138, MACD = 13.480, ADX = 42.704) and the price can test the dashed HH trendline on a +6.45% rise like the November 28th High, which was the top before the highly distorted ATH of...
Hey Everyone, Fantastic end to the week with our chart idea playing out perfectly all the way from the dip into 2018 followed with the failure to lock below the retracement range, which provided the bounce we were looking for all the way into each of our Bullish targets!!!! Our last weighted level break and lock we were looking for was the break above 2046 level...
KOG REPORT: There was no KOG Report on Sunday, so we’ll go straight into the week ahead. For the next few weeks, into early January we can expect there to be a lot of ranging and choppy price action due to it being the end of the year. Just like trading is not recommended the last days and first days of a month, it’s also the same for the last weeks of the year...
Hey Everyone, Chart playing out perfectly giving another great opportunity to buy dips inline with our plans to buy from support into the bullish retest target at 2046. Price continued to play between the range leaving a opening below 2033 with range open to 2018 and then locked back up above 2033 confirming the push up to 2046, allowing us to safely buy the...
Hey Everyone, Quick update on our route map for today. As stated yesterday, that we were likely to see a bounce between the range until the next weighted level breaks and locks allowing us to track and trade the movement level to level. - This played out, as we saw price bounce between 2033 and 2046. We are seeing ema5 maintaining the range within and failing...
Hey Everyone, Another great day on the markets for us with our chart idea playing out perfectly in true level to level fashion!!! Yesterday we stated that we needed to see 2033 cross and lock to open 2046. We got the lock confirmation today and then the perfect finish by hitting 2046 completing our target and with plenty of time to get in for the movement.. We...
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!❤️
Hey Everyone, Great start to the week with our route map chart idea playing out as planned. Price supported above 2018 and failed to lock below confirming the push up, perfectly hitting our Bullish target at 2033 Goldlturn. We will now need to see 2033 cross and locked to open 2046. Failure to lock above will see rejection into support to test 2018 again. We...
Multiple time frame analysis for Gold. Price action & candlestick analysis. Structure analysis. Bearish outlook explained. ❤️Please, support this video with like and comment!❤️
Gold (XAU/USD) stays in a consolidation phase at around $2,020 after having closed the previous week modestly higher. The benchmark 10-year US Treasury bond yield moves sideways below 4% to start the week and makes it difficult for XAU/USD to find direction.
Hey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are seeing price test support at 2018 and a break and lock below this level will open the retracement range. However, support here and we are likely to see a test at 2033 Goldturn. Price is playing in a central range in this overall structure and likely to see big swings...
Hey Everyone, This is the new updated DAILY CHART idea with updated levels and Goldturn channel after completing our last daily chart idea all the way into the new ATH. Price is playing in the central zone of the channel with immediate support 1998 and resistance bullish target at 2043. The channel half line may also provide support before the 1998 level and a...
Hey Everyone, This is an update on our weekly chart idea that we have been tracking and trading successfully over the last few months. Last week we highlighted that we are seeing price in our updated swing range zone and expect reaction on this zone. This played out perfectly, as the swing range providing the swing straight into the axis target once again. We...
Multiple time frame analysis for Gold. Important key levels. Price action & candlestick analysis. Trading plan explained. ❤️Please, support this video with like and comment!❤️
US fundamentals are coming in 30 minutes. Here are the potential scenarios for Gold. Bullish Scenario The market is currently testing 2041 resistance. If the market breaks and closes above that a bullish continuation will be expected at least to 2070. Bearish Scenario Gold is currently consolidating within a narrow horizontal range on an hourly time...
Hey Everyone, We finish off the week completing all our targets into 2045 weighted level to complete the range. 2045 failed to break with ema5, as stated yesterday and therefore followed with the rejection. We will now wait patiently for price to settle into a weighted support level below from this rejection and create a new Goldturn to catch the bounce...