The xau market distributed into the 20's range. A weekly pullback occurred as the new weekly candle opened during the Asian session, now an accumulation is in progress as we keep our eyes on the 2007 zone. BOOST 🚀, COMMENT 📖 AND FOLLOW 🏷 FOR MORE HELPFUL ANALYSIS 👍...
See my previous post (video) for a full explanation). #XAUUSD GOLD has exhibited recent bullish momentum.On the 1D timeframe, price action demonstrates a pullback approaching a key resistance zone. Further upside appears likely early in the week, with potential for Gold to advance into nested distribution levels across the 4H & 1D timeframes offering a potential...
On the monthly chart we have a bullish trend that is struggling to find momentum. There is a liquidity grab indicating a reversal is in the horizon targeting 1731 price handle. On the daily charts we have a change of character that indicates a shift in order flow followed by a bullish correction that failed to break the previous high. On the 4 hour chart we look...
XAUUSD (Gold) Technical Analysis and Trade Idea Technical Outlook: - Gold has exhibited recent bullish momentum. - On the daily (1D) timeframe, price action demonstrates a pullback approaching a key resistance zone. - Further upside appears likely early in the week, with potential for Gold to advance into nested distribution levels across the 4-hour (4H) and...
✍️ NOVA hello everyone, Let's comment on gold price next week from 19/2 - 23/2/2024 🔥 World situation: In the meantime, there were updates from Federal Reserve officials, specifically Atlanta's Fed President Raphael Bostic and San Francisco Fed President Mary Daly. Bostic emphasized the need for patience and predicted that there could be two rate cuts in the...
Last week, my gold analysis unfolded as expected, with both scenario (A) and scenario (B) playing out as anticipated. This week, we witnessed a robust response from the daily demand zone, which held significant bullish sentiment. However, with the market shifting and structures breaking, it appears that a downtrend is beginning. I'm eyeing the nearby 6-hour...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The most recent data from the United States presented a mixed picture. In January, Retail Sales experienced a decline of -0.8% on a month-to-month basis, falling short of both the previous month's numbers and the estimated contraction of -0.1%. This decrease was primarily attributed to reduced sales at...
According to resistance and support strategy According to Down trend channel Divergence on CCI
Downward targets are still in place, but I expect such a trend to begin next week
According to Broken Uptrend / CCI Divergence/ Down trend on 4h time frame
So am done for the week hope you use the setup to learn if you have questions comment below
Gold struggled to recover even though US government bond yields increased across all terms XAU/USD increased slightly in the European session and gradually recovered from the 2-month low, around the 1,984 USD area established in Wednesday's session. Investors are shifting their focus to the US January PPI report for fresh catalysts. On frame D1, immediate...
In my comment from yesterday, I mentioned that OANDA:XAUUSD could correct higher and surpass the $2,000 mark again. As anticipated, the price has risen and is currently encountering a significant confluence resistance point. My view remains consistent: I anticipate a new downward movement once this correction concludes. Therefore, my strategy is to sell...
Plan to trade on February 16 🔥 XAUUSD SELL zone 2020 - 2022 🔹SL 2025 🔹TP 2010 - 2000 XAUUSD H4 and Higher Timeframe in Downtrend 💵💵💵 Yesterday retraced up back to Fib. level 50% to 2008.25 So we are looking forward and M15 and H1 ICT short setup for trading. Key Level target is 1993.6 Supply Zone 2008.2 to 2022.2 Demand Zone 1985.7 to 1922.4
As you see now price is on strong resistance and I expect it to move lower to targets 1 & 2, please use good risk management.
Hello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Fed Chair Jerome Powell and a number of other Federal Reserve officials have expressed the central bank's desire to gather more positive data and confirm the direction of inflation before implementing any changes to monetary policy. As a result of these statements, the financial markets are currently...