I've drawn a chart here that shows how the price of gold in US dollars has moved in the last few weeks. You'll see red and white bars—these are called 'candles,' and each one tells us what happened with gold's price in a 4-hour period. Red means the price closed lower than it opened, and white means it closed higher. I've also added a couple of lines and shapes...
50% of the previous wave has corrected in hourly time and now it can have a short correction to the specified area and then continue until 61.8 fibo.
Gold prices showcased an impressive rally, primarily propelled by mounting geopolitical tensions in the Middle East and the optimism surrounding the Federal Reserve's (Fed) decision to refrain from further interest rate hikes this year. The precious metal exhibited remarkable resilience, bouncing back swiftly from a knee-jerk reaction triggered by the United...
H4 Setup this is my idea , possible scenario for GOLD/
XAUUSD H4 TIME FRAME the price break bearish trendline and hit our first target ,we expect the price fall to the specified zone and goes up till our last target(2nd leg)/
The price has hit the daily support after getting rejected from weekly resistance. I think the price shall have a bounce here which means a long is favorable from here. The target of this trade should be the daily resistance DR1 which is sitting around 1936-1943 area.
As mentioned in the last post, I was waiting for the price to hit 2016 level to go long. The price went lower from that level but quickly came back to 2016 level. The target for this long should be 2038.
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Trading proposals post based on price action, technical analysis, major intraday supports and resistances, rejections, breakouts, chart patterns and other factors . Trading suggestion : 📍 XAUUSD - Gold 🔰 LONG 🟢Buy Now or Buy at : 1654.412 ⛔️Stop Loss : 1636.47 🌀Take Profit 1 : 1684.00 🌀Take Profit 2 : 1708.00 🌀Take Profit 3 : 1734.00 #Ticker_trading...
Trading proposals post based on price action, technical analysis, major intraday supports and resistances, rejections, breakouts, chart patterns and other factors . Trading suggestion : 📍 XAUUSD - Gold 🔰 LONG 🟢Buy Now or Buy at : 1654.412 ⛔️Stop Loss : 1639.219 🌀Take Profit 1 : 1680.00 🌀Take Profit 2 : 1700.00 🌀Take Profit 3 : 1730.00 #Ticker_trading...
XAUUSD buy to the Mention Support with Confirmation buy Entry to To the Mention upper Resistance Level.confrm buy signal to buy.
An update on the gold trade. My bias is still long. Good risk to reward...trade with care
Ob formed at 4hr tf from bos of previous swing high. Make conservative entry at confirmation candles. Institutions might take liquidity for the the big up move
HLZ Supply and Demand Methodology No-1 Market has engulfed previous Supply level in 1916 and below 1916 we can see market making phase 3 Reaction by rejection No-2 Market no more making New LL in Phase 2 No-3 Market Recently Tested ATH level 2075 close below and retraced wait for little bit more Drop to the downside to buy at discounted Price!
Hello there all, Here's the XAUUSD forecast for long idea. Please do let me know if you are seeing what I'm seeing or have a different perspective on it, I would love to see your analysis. Please do drop the chart link below on comment section, I would love to see it This is not financial advice. Thanks all :)
This plan was posted earlier this month. We marked all entry points and exits. We predicted the drop first and then the movement up to each level. Our analysis played out perfectly once again. Not only did we identify the levels but we also predicted the order of sequence. This gives us the edge in analysing the gold market!! Only 20pip short of 1830, which we...
XAUUSD RR 1:5 (TP1 RR 1:10 (TP2) Disc. On Detail in chart and snapsht:
Looks like Gold wants some serious Retailers to jump into from 1750