Hello everyone,
GOLD 4H NEW FORECAST
The gold price faced temporary negative pressure yesterday to test the moving average 50, which constitutes important support at 2365 , and we notice that the price begins to rise at the beginning of the day, stimulated by the positivity of the Stochastic indicator, awaiting the resumption of the main upward trend, whose next...
Hello everyone,
GOLD 4H NEW FORECAST
The price of gold resumed its positive trading yesterday, reaching our first awaited target at 2393 , waiting for this level to be crossed to open the way for a rush towards our next main target, which reaches the 2510 areas.
Moving average 50 continues to support the suggested bullish wave
A break of 2325 will stop the...
Hello everyone,
GOLD 4H NEW FORECAST
Expected scenarios and trading ranges
The first scenario: The upward trend continues towards a target of 2300 .
The second scenario: breaking the support level at 2260 and declining towards 2201.
Third scenario: Trading continues within the range of 2270- 2300.
The price of gold is trading with additional positivity to...
The move from March 2020 to August 2020
Was a measured move that played out to the Tee.
We have a similar structure building that projects to the High 30's
Suggesting #Gold move beyond ATH's and #Silver the beta play to move faster in an attempt to catch up, and move towards it's high's again.
Hello everyone,
GOLD 4H NEW FORECAST
The 50 moving average continues to support the proposed bullish wave, taking into account that failure to surpass the current resistance around 2052 will put pressure on the price to decline toward the pivotal support level of 2007 before any new positive attempt.
The gold price is showing quiet negative trading, gradually moving away from the 1963 level, reinforcing expectations of the continuation of the downward trend during the coming sessions, with its next target at 1943, stimulated by the negativity of the Stochastic indicator, which is clearly visible now, with a reminder that the continuation of the downward wave...
The price of gold has been fluctuating sideways in the past sessions, stable around the moving average of 50, noting that the stochastic indicator is losing its positive momentum noticeably, waiting to stimulate the price to resume the expected negative trading in the immediate term, which aims to test the 1964 level initially.
Therefore, the downward trend...
if it falls above 1983 in this direction will rise to 1996 then 2010 then 2022
but if it is below 1983 the direction will go down 1964 , 1947 then 1933
Pivot Price: 1983
Resistance prices: 1996 & 2010 & 2022
Support prices: 1964 & 1947 & 1933
Hello traders, The price of gold fluctuates near the support of the ascending channel. It receives continuous positive support from the moving average of 50, which supports the chances of continuing the rise within this channel and heading towards achieving our positive goals that started in 1996 and extended to 2010.
In general, we will continue to favor the...
Hello traders, The recent gold price trades are confined within a descending secondary channel, which we believe constitutes a bullish continuation flag pattern, as shown in the chart,The price of gold continues to fluctuate around the 1963 level, and faces some negative pressure to move below it now, which requires attention in the upcoming trading, as...
Hello traders,The price of gold continues to fluctuate around the 1963 level, and faces some negative pressure to move below it now, which requires attention in the upcoming trading, as consolidation below this level will stop the positive scenario and place the price under negative pressure, mainly targeting the 1951 areas.
We point out that the price needs...
Hello everyone, The price of gold rose strongly yesterday to succeed in achieving our expected target of 1985. We notice that the price begins today with more positivity to try to penetrate this level, which leads the price to achieve more expected gains during the coming sessions, paving the way for heading towards the levels of 1991 and then 2009 as...
hello everyone, The gold price is facing noticeable negative pressure to attack the 1913.15 level, which requires attention in the upcoming trading, as continuing the decline and confirming the break of this level will stop the positive scenario suggested in the morning and put the price under negative pressure during the coming sessions, while the price needs to...
In these unpredictable times, it is crucial to strategize and safeguard our investments against market volatility. While some may shy away from uncertainty, smart traders like yourself recognize the immense opportunities that lie within. By focusing on defensive market sectors, we can position ourselves for success, even in the face of adversity.
So, what are...
GOLD for the next week will trade at the bearish zone
reminding you that, consolidation under 1873 is important to achieve the suggested targets as breaching it will push the price to build a bearish wave to reach 1860 , 1850 , and 1838
As for renewing bullish attempts, consolidation above 1873 will support the price to rise up again and recover its positive...
GOLD
reminding you that, consolidation under 1893 is important to achieve the suggested targets as breaching it will push the price to build a bearish wave to reach 1885 , 1880 , and 1875
As for renewing bullish attempts, consolidation above 1893 will support the price to rise up again and recover its positive momentum to retest again to 1903 , 1911 , and 1923...
Hi
we have 2 key point
first >>>> inflation and intrest rate : if inflation cant hit 2 % we can say silver drop to 17 looklike another commodity
2nd >>> recession >>> Consequences of excessive interest rate increases >>> This MOD can pump Gold but Silver dont have safe haven character >>> if this point true XAUXAG can pump
ANYWAY SILVER CAN HIT 50$ to 10$
be careful
Please 1st of all click the boost 🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free.
This is follow-up to the idea I posted 3 months ago when I called falling wedge breakout to the upside.
XAGUSD is doing really well since and now is heading into strong resistance cluster created by zone 24.15-24.40 and by...
