Gold is in very positive condition. with broken form. Double bottom. Very strong breaking resistance. There is a high probability of gold rising ;Note: If you liked this analysis, please give your opinion about it. in the comments. I will be glad to exchange ideas
The golden Friday first continued to be strong and high volatility, but the volatility was extremely narrow. It was considered a high-level pressure measurement. The upper level was continuously tested three times in 1985 and did not break. During the European market period, the market recovered, but the lower level only retreated to the 1973 line, and then there...
Due to the market's recent instability, Gold has experienced a surge in value. The price per ounce has surpassed $2,000, reaching a peak that hasn't been seen in a year. Additionally, it appears that Gold exchange traded funds will see a positive net inflow in March, which hasn't happened in nearly 12 months. Based on these recent developments, it's possible that...
Gold hit a high and fell back yesterday. I reminded to start shorting and bearish. 1965 decisively turned back empty. Now continue to hold short. The target is bearish to the support of 1945 below before considering going long! The current gold is a shock trend after a big rise. From the perspective of the 4-hour level, the shock presents a convergent triangle...
The price of gold hit a high of $1,971/oz before retreating and finding support above $1,960. Upbeat equities and higher Treasury yields make it difficult for XAU/USD to continue its recent rally. Fears of a wider banking contagion have also abated, hurting demand for safer assets. The market cheered First Citizens Bank’s agreement to buy all deposits and loans of...
A bull fell in love with a cow, and the cow said, if you can guard under my roof for 100 days, I will accept you, so the bull guarded the cow under the roof for one day, two days, three days, until ninety After nine days, the bull left. The mother cow asked the bull why she didn’t persist for the last day. The bull’s answer was very touching. I used ninety-nine...
After forming a head and shoulders pattern, gold dropped to around 1935 and then rebounded to above 2000 to form a double top. Subsequently, the price fell again to around 1945 before rebounding. Yesterday, the price rallied to the range of 1969-1975 before succumbing to selling pressure. If viewed from a macro perspective, this pattern resembles a double...
Gold is likely to see an explosive breakout to retest the all time high.
Although the weakening of the U.S. dollar has provided support for gold prices to a certain extent, because the dust has settled on the acquisition of Silicon Valley Bank assets by First Citizen Bank, European and American bank stocks have risen sharply, suppressing the market's risk-averse demand for gold. Investors have scaled back safe-haven trading and turned...
The gold bulls began to rebound within the day after the early falling warp support in the early stage of gold's decline yesterday. As the momentum of the bulls in the general direction has not been released, they will continue to maintain a low-multiple bullish thinking at night and wait to step back on the low-multiple. For gold operation, it is recommended...
Gold rose to around 1963 and started to fall back. A small double bottom is not ruled out here, but the premise is that there is support around 1945-1943. If it falls below, look at around 1933 below. The upper resistance is currently in the 1963-1969 range. Trading straregy: sell: 1960-1969 tp: 1945-1933 sl: 1972 buy:1933-1937 tp:1942-1948 sl:1931 1945 has...
Gold fell below the weak support, rebounded after reaching the support around 1969, and fell back under pressure around 1978. At present, the weak support from 1975-1971 has turned into resistance. sell: 1971-1978 tp: 1963-1959 sl: 1981 buy:1959-1963 tp:1968-1971 sl:1954 1978 strong resistance, short near 1971, weak support 1969-1966, strong support around...
The 4-hour gold pattern is similar to a double top. Once confirmed, the market will start to fall sharply. This is a very good profit opportunity FOREXCOM:XAUUSD FXOPEN:XAUUSD
This is very tricky. still it is interesting to note that on the weekly we are bullish , on the daily also we are bullish . So all we can just do is wait for a buying opportunity to go long. After the M pattern we wait for the retest on the neckline and then that complete the standard impulse correction impulse pattern . This is not a financial advise and make...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Gold fell after touching above 2,000 again intraday on Friday. As of the close, it was reported at 1978. During the transaction, I had already reminded my friend TP in the group. There are some small supports near 1977, but this support is not very strong. As long as the bearish power is strong enough, breaking this support is a high probability. I used the...
looking at the AD and studying the money flow, I see a decline/exit from longs. Gold has built up a nice base, there needs to be a handle to complete this trading pattern. and currently i'm looking to get short the handle near the opening bell