Hey Everyone, We started the week high lighting two weighted levels 2408 and 2371 and was looking for either one to lock with ema5 to open the next range. 2393 resistance held on market open with no ema5 challenge on 2408. The rejection followed with the weighted Goldturn 2371 test our bearish target. EMA5 cross and lock below 2371 opened the retracement range...
Dear Traders, Hope you are doing great, Gold declined from 2417$ mark and dropped significantly 600 pips on first day of the week. This implies that Gold is likely to make major correction before it rebound and continue the bullish trend. For us, we can enter now with accurate risk management and target 2300$ first and then our second target can be at $2280. The...
In the latest global events, Gold has soared to new heights, hitting a five-day peak above $2,400 fueled by escalating tensions between Israel and Iran. Investors sought refuge in the non-interest-yielding asset as uncertainty loomed, driving prices to a weekly high of $2,417 per ounce. However, the rally proved fleeting as Iran quashed fears of immediate...
If you go in the wrong direction, your efforts will be in vain; if you go in the right direction, you will get twice the result with half the effort. It is already a short trend. Go with the trend and the rebound will give you the opportunity to go short. Going against the trend is like licking blood with a knife's edge and pulling out chestnuts from the...
Gold prices suffered their biggest one-day drop in nearly two years on Monday. what can I say? This is crazy. Instead of first covering the gap and then falling as we expected, it fell directly, causing long losses. The recovery margin of the rebound is very small. It can be said that it rises quickly and falls quickly! But that’s okay, we can easily make it...
The short trend in gold is not over yet, and the rebound is an opportunity to continue to give Sell. The 4-hour double top of gold suppresses the rise of gold. At the same time, the 1-hour moving average of gold continues to cross downwards, the short positions are arranged, and the opening continues to widen, and the short positions of gold will continue....
Spot gold prices continued to fall in early trading Tuesday. Spot gold fell below the 2,300 mark for the first time since April 5 in early trading, with an intraday drop of more than 1%. After the continuous decline in the previous trading day, especially after falling below the 2372 support line, the defense line was broken down, which means that the...
GOLD printed a Higher High, and showed strong Bullish Divergence. It also printed a Bullish Flag Pattern. Entry on the breakout of resistence level is recommended.
Gold plummeted more than $50 today, and has already seen a negative trend during the day. With the market's concerns about conflicts in the Middle East further fading and the continuous hawkish signals from Federal Reserve officials, a sharp decline is expected in the near future. As the impact of the situation in the Middle East subsided, the price fell as low...
XAUUSD | Gold Setup Timeframe M15 This idea is based on Educational Purposes We will Wait for break the Ascending line Current point at 2302.00 if Gold break the 2306 point we will open our positions from that point We will hold until Resistance at 2319 break then 2339 and our End Target would be 2349.00 if this point ( 2306 ) can not break this idea would be...
Gold has been falling all the way today, directly falling below the previous low of 2354, so the decline of gold will continue, and gold is ready to rebound to around 2347 Sell! Gold’s 4-hour double top structure is a bearish pattern. The bulls are helpless after being tossed around today. This is also the biggest change in the gold market recently. The shorting...
Welcome back! Let me know your thoughts in the comments! ** XAUUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Looking at the trend in the 1-hour time frame, global gold has broken the bottom support of the triangle pattern in the range of 2371-2382 and now seems to be targeting the previous floor support in the range of $2324.
As of now, gold is trading at 2329, with a notable resistance level observed at 2335. Should gold breach this resistance, traders may consider pursuing the following targets: 2341 to 2355. Alternatively, should a sell pattern manifest, indicating a potential downturn, traders may anticipate the following support levels: The initial support rests at 2320, followed...
Dear Gold Robbers, This is our master plan to Heist Bearish side of GOLD mines. I have two plans kindly please follow the plan i have mentioned in the chart focus on Short entry, Our target is Green Zone that is High risk Dangerous area. My dear Robbers please book some partial money it will manage our risk. Be safe and be careful and Be rich. Loot and escape near...
My ideas to short GOLD was correct, and now it's approaching daily support zone. This area held the price multiple times, but i think that now will break below this support zone and probably we will see a flash crash till the support area at $2265. Here i expect a strong reversal pattern to enter longs and target new ATH
H4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Price has now printed a bearish which confirms the initiation of pullback which was needed by all HTF's. Following the bearish iBOS we now expect price to pullback. Intraday expectation would be for price to retrace to H4 POI or 50% EQ to then target weak internal low. H4 Chart: M15 Analysis:...
After rising above the important pressure zone of 2,400 points again late last week, it finally closed near 2,390 points. We once regarded this pattern as a strong level to be broken through. Gold has a 4-hour double top structure. Gold fell directly below the low of 2354 in previous days. With support, gold's decline will continue. Gold's one-hour rebound of...