H4 Analysis:
Bias/Analysis remains unchanged since yesterday's analysis dated 18 April 2024.
-> Swing: Bullish.
-> Internal: Bullish.
Price remains contained within an internal range where we saw a reaction from H4 supply with price unable to close below strong internal low.
Price reacted at H4 supply and subsequently reacted at H4 demand.
Price is...
Gold closed last week with a modest 0.59% gain, after touching an all-time high of $2,431. Geopolitical tensions spurred demand for safe-haven assets, pushing gold to its new peak before a pullback due to a strengthening US Dollar.
The release of US inflation data midweek introduced volatility in gold prices. Following the Consumer Price Index (CPI) report, the...
Hello traders, in my previous Gold analysis, I recommended buying Gold at the hourly support level near 2430. As you can see, that idea generated over 600 pips profit.
Currently, Gold is near the hourly support level again. So, if price doesn't fall below the 100- hour EMA level, traders can consider buying Gold@2367-2375 with stop loss below the hourly support...
In this video, we delve into an analysis for XAUUSD Gold. Our analysis indicates a potential trading opportunity. We conduct a thorough examination of current price trends, meticulously evaluate market structure, and take into account market dynamics. When favorable conditions arise, we pinpoint a potential entry point. However, it is crucial to emphasize the...
Update to ytd's published idea. H1 target using Tuesday's high has been achieved. Taking lesser trades with better ROI works better and is less stressful in my opinion.
Today’s gold trading situation is as follows:
1.Xauusd: @2380.62 Sell, SL:2386 Loss: -$1614
2.Xauusd: @2388 Sell, TP:2372 Profit: +$ 9600
3.Xauusd: @2389.72 Sell, TP:2372 Profit: +$ 10632
To be honest, today gold first rebounded to 2392 and then started to fall, which caused our short position in the 2380-2382 area to touch SL: 2386. To...
In my post from yesterday, I mentioned my expectation for a new drop of 500 pips in $OANDA:XAUUSD.
However, despite the price dropping by around 400 pips during intraday trading, my sell order placed just above the 2400 zone was not filled, resulting in me missing out on this drop (my target was hit but not my pending sell)
Upon reviewing the chart, it's evident...
Dear friends, gold turned upward after hitting the 2355-2350 area overnight. It is currently trading near the 2383 position. Gold seems to have the possibility of hitting 2400 again.
In fact, for the current gold market, wide fluctuations have become the norm, but in the short term, I think gold does not yet have the conditions to directly impact 2400, because...
Gold prices edged higher in early trade this week, boosted by an escalation in the conflict between Iran and Israel over the weekend. Traders are bracing for a new week after an Iranian drone attack on Israel late Saturday night, with investors seeking safety in traditional safe havens. In the coming week, gold prices are likely to continue their volatile trend,...
H4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Price remains contained within an internal range where we saw a reaction from H4 supply with price unable to close below strong internal low.
Price reacted at H4 supply and subsequently reacted at H4 demand.
Price is currently between H4 supply and demand where we are seeing a battle between the bulls...
Pair : XAUUSD ( Gold / U.S Dollar )
Description :
Completed Impulsive Waves " 12345 "
Break of Structure and Retracement
RSI - Divergence
Rising Wedge as an Corrective Pattern in Short Time Frame
CHoCH
Pin Bar as Trend Reversal
🌐XAUUSD PLAN - WEEKLY FORECAST
Most of the price drop of nearly 100% was due to profit taking when the price reached the psychological level of 2430$, almost completing the 3rd Elliot wave and preparing for a correction, the drop to 2303$ -2252$ saw Sharks buy new. at a relatively cheap price.
From Saturday to Sunday, the next armed conflict between Iran...
HELLO TRADERS..
As i can see gold has break strong resistance level which is now turn in to a support zone and also tested 61.8 Golden Fibo level on Monthly TF we can see fundamentally issue around the world is signing to investors and big boys are moving to safe haven so load ur bags for this new bull run friends its just and trade idea do a proper analysis...
🔴 Resistance - 2393 🔴
🚀 Target - 2403 - 2410 🚀
🟢 Support - 2384 🟢
🚀 Target - 2374 - 2363 🚀
🚫 Manage Your Risk & Reward As Per Your Risk Management 🚫
🔥🔥 Levels Works Best on 5 - 15 Minutes Time Frame 🔥🔥
❤️❤️ MARKET SECRET ❤️❤️👇
1. TRADE WHAT YOU SEE NOT WHAT YOU ASSUME
2. FOLLOW THE TREND BECAUSE TREND IS YOUR ONLY FRIEND
3. CHART IS SUPREME
4. YOUR...
Dear friends, gold has rebounded to a high of around 2394 in the short term, approaching the 2400 mark again. Then gold seemed to feel a little exhausted, so it failed again and chose to fall back. Gold is currently trading near 2388, so does gold still have the strength to conquer 2400 or even higher?
Although gold has stopped below the 2400 position many...
Gold cashes in on the 2300 line. Friends who follow the signal have already made a lot of money.
Time is of the essence, let’s talk about the results first! Today's 2290 is a very important dividing line between long and short, and it is the key point that determines whether gold can continue to strengthen in the short term and reach new highs! Above this price,...
Pair : XAUUSD ( Gold / U.S Dollar )
Description :
Completed Impulse and Corrective Waves " AB "
Break of Structure and Retracement
RSI - Divergence
Bullish Channel as an Corrective Pattern in Short Time Frame
Fibonacci Level - 78.60%
