I posted a gold trade idea previously and wanted to do this video to explain my thought process we can see gold trading up bullish on the 4 hour time frame I'm looking for the 61.8% Fibonacci retrace for an entry. I've adjusted my price swing and entry point specifically in this video. Always this content is for educational purposes only and not to be construed as...
XAUUSD Gold is trending bullish, an ideal entry would be on a 61.8% Fibonacci retrace off the current price swing. Not financial advise.
At the stop of the buying and selling consultation on March 27, the spot gold settlement expanded 0.5% to 2,189.89 USD/oz. Gold futures contracts introduced 0.6% to 2,212.7 USD/oz. Core US non-public intake expenditures (PCE) fee index statistics for February might be launched on March 29. This index expanded 0.3% in January 2024. “We must see whether or not US...
The gold market fluctuated violently today, and the 2192-2196 we expected has been reached today. At this point, the rise has basically ended, and what is left is a volatile downward trend. The low must be at least around 2134. So the next idea is very simple. Go short on rallies. If you are patient, you can leave some high short orders and wait for them to be...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Bullish Channel as an Corrective Pattern in Short Time Frame and Rejection Upper Trend Line RSI - Divergence Break of Structure Fibonacci Level - 61.80% Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves
Sell Gold 2174-2180 SL 2185 TP 2166-213x. Because the price has passed through Zone 2168, this Zone is being sold around the Reaction Zone According to Bien Ma on the H4 Frame. And the old location according to PA ---------------------------------- I assume the 2222 vicinity may be a brief top for the following couple of weeks, so over the week there may be deep...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves Falling Wedge as an Corrective Pattern in Short Time Frame with the Breakout of the Lower Trend Line and Retracement RSI - Divergence Break of Structure
XAUUSD (Gold) has been on a strong bullish run. However, expect a possible further retracement as the market seeks liquidity and to rebalance. This could present a counter trend sell opportunity along with a buy opportunity at prior support levels (see chart markup in the video). The risk of further downside remains, so prioritize strict risk management. This...
Although nearly unchanged as compared to the day prior to this morning, the fee of the yellow steel has dropped sharply at some point of the day. On March 21 (US time), gold constantly conquered file highs way to the dovish speech of americaA Federal Reserve (Fed) on the cutting-edge coverage meeting. The valuable steel hit an all-time excessive of $2,222.39...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed Impulsive Waves " 12345 " Break of Structure RSI - Divergence Bullish Channel as an Corrective Pattern in Short and Long Time Frame Falling Wedge in Short Time Frame
Dear Traders, Gold had rejected at 2196$ and rejected at that level showcased, price has touched pivot point, since then price has been consolidating between 2150-2172, however, we may see price dropping from our area of entry. There are two targets first one at 2130-2135 and then 2090-2080. Like and comment if you agree with our idea. Good luck and trade safe.§
XAU-USD has retested the Horizontal resistance level Of 2185 while trading In a rising channel so IF we see a bearish breakout From the channel then We will see a further move down !
After breaking through the downtrend channel, gold once again reached the resistance range of 2164-2172, and the technical form is temporarily favorable to the bulls. From the perspective of the overall general trend, this adjustment is not over yet, so large-level transactions are still based on high-level short selling. The target is the 2143-2134 range....
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed " 1234 " Impulsive Waves Falling Wedge as an Corrective Pattern in Short Time Frame RSI - Divergence Break of Structure Symmetrical Triangle with the Breakout of Lower Trend Line
The upcoming Fed monetary policy is an important turning point. in the gold market. It’s the long positions that should be worried. The U.S. dollar rebounded sharply ahead of schedule when expectations for a rate cut fell. Gold also fell sharply due to the impact of the US dollar. Interest rate cut digested in advance? Still continue to cut interest rates! It's...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Bullish Channel as an Corrective Pattern in Short Time Frame RSI - Divergence Break of Structure S / R Level Bearish Channel as an Correction in Long Time Frame
A destroy under the 2023 excessive at 2146 could threaten a deeper correction withinside the multi-week uptrend closer to the 38.2% retracement of the every year rally at 2114 - search for a response Greater reaction there If achieved. The broader upside invalidation is now raised to the 61.8% retracement/2020 swing excessive at 2065/75. Break of weekly top/near...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed " 12 " Impulsive Waves RSI - Divergence Consolidation Phase Bearish Channel as an Corrective Pattern in Short Time Frame Break of Structure