Gold keeps falling since the market opening this week. Here are the updated structures & key levels to watch on a daily time frame. Support 1: 1803 - 1814 area Support 2: 1765 - 1777 area Support 3: 1726 - 1738 area Resistance 1: 1883 - 1890 area Resistance 2: 1902 - 1907 area Consider these structures for pullback / breakout trading. ❤️Please, support my...
Hey Everyone, We got the ema5 cross below 1851 with lock to open 1828. This was hit today completing the bearish target. We took our 40 pip bounce on this weighted level inline with our plans to buy dips from these levels for a nice catch once again. We will now look for support at 1828 for another bounce or a cross and lock below 1828 will confirm the range...
Hello There! Welcome to my new analysis of the GOLD FUTURES. The massive inflation, recession, and supply-chain disruption events that emerged in the past times have increased the investor's fearfulness and accelerated the investor sentiment in regard to a favoring of safe haven investments to hedge against the massive inflation, recession, and supply-chain...
Hello There! Welcome to my new analysis about AGI, a major gold-market gem I recently spotted, and added to my watchlist because of the major underlying factors prevalent here. As I already pointed out the major gold-market gems that are going to emerge with epic growth rates similar to those seen in the gold rushes within the gold market history, the most...
Multiple time frame analysis for Gold. Price action & important key levels. Directional bias & thoughts. Trading plan & trading recommendations. ❤️Please, support this video with like and comment!❤️
Hello There! Welcome to my new analysis about NEM, the next gold-mine gem I am adding to my current gold-mine gem watchlist. If you like to know the other gold-mine gems I already added to my watchlist please look into the recent ideas I uploaded to my TradingView profile. In today´s time, there are massive transformational events going on within the whole...
Hey Everyone, Please see our updated 1h chart levels and targets for the coming week. We have 1854 Goldturn resistance target open for a test. We will need to see 1854 break and lock to open the range above. We also have price testing support at 1847 and will need a lock below 1847 to open the next Goldturn support at 1831 for a bounce. A retest and lock below...
Hey Everyone, Please see our updated 4H chart levels and targets for the coming week. We have price testing weighted support at 1851 Goldturn. We will need to see 1854 weighted level break and lock to open the range below. We have a candle body close below 1854 opening the gap but need em5 lock to confirm further. We also have a open bullish target to 1851 and...
Hey Everyone, Please see our updated daily chart structure, levels and targets. Price is testing a support structure on the daily chart with some room still left. We are expecting a reaction on this zone, which is also inline with the Goldturn channel support. We will need to see the channel support break with EMA5 to confirm a structure breakout into the...
Hey Everyone, Our weekly chart finally broke out of the Goldturn ascending channel on the level we highlighted. We highlighted the target swing range that we expected the drop to, if the channel broke, which played out. We expect a reaction on this level of support also very close to ma200, which may act as dynamic support. Overall by zooming out, we are still...
Here is my latest structure analysis and important key levels to watch on Gold next week. Support 1: 1843 - 1850 area (completion point of a smaller harmonic abcd pattern) Support 2: 1805 - 1815 area (completion point of a bigger harmonic abcd pattern) Resistance 1: 1884 - 1890 area Resistance 2: 1900 - 1907 area Consider these structures for pullback /...
Hey Everyone, As shared yesterday; we had 1875, as the target for retracement from this drop, which was hit perfectly. No cross and lock above 1875, which followed with the rejection into the bearish target 1862 and 1854. We now have a gap to 1840 but no cross and lock confirmation yet. We will come back Sunday with our multi timeframe analysis and updated...
Gold is oversold on the 1D timeframe (RSI = 25.484, MACD = -12.310, ADX = 33.367), the RSI hasn't been that low since July 2022. This is the selling leg from the top of the Channel Down after t brutal 1D Death Cross (the first in more than a year). The standard selling sequence is around -5%. We expect a rebound (short term) to the former LL trendline (TP =...
Gold trading at 1878 according to Wykoff trading the price will bounce to 2000 level to test the origin of price
Gold perfectly respected a horizontal key level that I share with you yesterday. After its test, the price formed a cup & handle pattern on an hourly time frame and violated its neckline. Now we can expect growth at least to 1877 ❤️Please, support my work with like, thank you!❤️
This morning, world gold prices continued to decline with spot gold down 11.4 USD to 1,864.8 USD/ounce. Gold futures last traded at 1,882.3 USD/ounce, down 8.6 USD compared to yesterday morning. Experts predict that gold is likely to fall deeper in the short term and even test the support level at $1,800/ounce after falling below $1,900 for the first time since...
Have you seen yesterday's bearish movement on Gold?! That was crazy. With just one single high momentum bearish candle the price violated 1885 support easily and closed below that. The next key support is 1856 - 1860 area now. It will most likely be the next goal for the sellers. Also, note that the market is heavily oversold now and it may pullback. Look for...