Daily/4h/1h time frames analysis on Gold. Important key levels. Potential scenarios. Trading recommendations. Trading plan. ❤️Please, support this video with like and comment!❤️
Hey Everyone, Following on from yesterdays update we were looking for either a break above 1965 or failure to break will confirm a rejection and to keep in mind the open target at 1935 from the ema5 lock below 1952 leaving 1935 open. 1952 was locked with ema5 once again today confirming the 1935 level twice. We got the test and expect a reaction here. We will...
This morning, the global gold prices extended their drop, as spot gold decreased by 8.8 USD to reach 1,968.7 USD per ounce. Gold futures were last recorded at 1,973.5 USD per ounce, marking a 15.1 USD drop compared to yesterday's morning prices. The resurgence of the USD during the evening trading session on November 7 reduced gold's attractiveness to buyers...
Here are the important key levels and my latest structure analysis for Gold for next week. Resistance 1: 2005 - 2011 area Resistance 2: 2034 - 2048 area Resistance 3: 2063 - 2067 area Support 1: 1942 - 1970 area Support 2: 1810 - 1820 area Consider these structures for pullback/breakout trading. Good luck next week!
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Consolidation Phase as an Corrective Pattern in Short Time Frame , It is Possible that it will Break the Lower Trend Line to Complete its " 12345 " Impulsive. If it Rejects from LTL then Buy. Completed Impulse and making " A " Corrective Wave Entry Precaution : Wait until it Breaks or Rejects LTL
Hey Everyone, We got the 1978 retracement test yesterday and suggested either a bounce from this level or a break and lock with ema5 will open the swing range. We got the break and lock below 1978, which confirmed the opening of the swing range. This played out perfectly with the swing range being tested today. We got our bounce for 50 pips from the swing range....
Gold price extends downside marginally below $1,970.00 after several failed attempts of stabilization above the psychological resistance of $2,000. The precious metal is exposed to the 20-day Exponential Moving Average (EMA), which trades around $1,960.00. The broader trend is still bullish as the 200-day EMA is sloping higher. Momentum oscillators demonstrate...
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 prices are trending lower, with mixed trends related to the end of the US Federal Reserve's interest rate hikes. Commodity markets have experienced significant volatility due to a variety of factors, including global economic concerns, weather-related impacts, production forecasts, and speculation related to reserve interest decisions. united states of...
Hey Everyone, We start of the week with our route map playing out with price dropping into the first highlighted retracement level at 1989 for a 30 pip bounce and then just shy of 1978. We are expecting reactions on this zone and, as such took advantage of buying 30 to 40 pips from the dips suspensefully. A break below 1978 will confirm further movement down...
Gold is forming a Head and Shoulders pattern on the 4H timeframe, which is turning bearish (RSI = 44.053, MACD = 0.190, ADX = 23.859) as the price can't stay over the 4H MA50, which has turned flat. If the price closes under the neckline of the pattern, we will short and target the 2.0 Fibonacci extension (TP = 1,935.50), which is slightly over the 4H MA200. See...
Gold price (XAU/USD) kicks off the new week on a weaker note and extends Friday's retracement slide from the $2,004 area or a multi-day high touched in reaction to softer jobs data from the United States (US). The prevalent risk-on environment – as depicted by a strong follow-through rally in the equity markets – is seen as a key factor weighing on the safe-haven...
if you consider on the shrinking candles in gold weekly time frame you will see the momentum loss suppose if the gold make a new high it will need to take the liquidity to find momentum for making a new high above 2100 levels. be alert about greed index
Hey Everyone, Please see our updated 1h chart levels and targets for the coming week. After a strong continuation of the strong move up over the last two weeks we saw price bounce between a range last week without clearing the 2000 range. We have another retest open at 2003 and a ema5 cross and lock above 2003 will open the range into 2018 and potentially...
Hey Everyone, Please see our updated 4h chart levels and targets. We had the test last week once again on the 1998 Goldturn weighted level in the 2000 range but failed to lock above 1998 weighted resistance on this chart. 1998 is now open again for a retest and a ema5 lock above 1998 will open 2017 and potentially 2032. 1981 is now support and a test at 1981...
Hey Everyone, This is the DAILY CHART idea that we have been tracking for a few months now and still playing out perfectly. We have update the resistance levels to help confirm further breakouts above. We have completed all our Bullish targets all the way into 1988 our updated Goldturn from last week. We have candle body closes above 1988 opening the range...
Good day traders, XAUUSD / #Gold has been consolidating for the last 24 months, I don't expect this to change until the USA admits that they are under a recession and I beelive this will only happen in 2025 when they officially go to war with the world's new super power China. We've seen something similar play out in 2002 when America saw that they were going...
Multiple time frame analysis for Gold. Price action, important key levels. Potential scenarios ahead of NFP. Trading plan explained. ❤️Please, support this video with like and comment!❤️