Hello traders,
Wave D of 4 is supposed to end at 2048.000 zone. Then wave E of 4 is aimed at getting to
1991.000-1990.000 zone. After that wave 5 is aimed at reaching 2200.00 zone.
Thanks.
Hello everyone
GOLD for this week
If we see the zone of $2041-$2045 break with a 1-hour candle, it seems like gold might head up to $2051-$2062. Once it reaches that level, we'll consider selling. If the price reaches $2051-$2065, it could potentially push gold down to $2016-$2000.
Gold Live Mapping and Forecast for Next Week..
Entry Zone -- 2024-2028
Resistance -- 2040-2045
Support -- 2016-2018
As per Fibonacci Gold price is expected to retest the zone 2024-28..
Lets monitor tomorrow what market will react..
The four-hour timeframe tapped into the demand at 1986.503 that caused a significant change order flow, about 3.4% in a day. Therefore, it only makes sense for the bullish trend to continue. If you zoom out to the daily timeframe, you will see that Gold is actually in an uptrend. We are ranging between the latest higher high and higher low.
The 15-minute...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
- Price closed last week with a big weird bullish move below 2040.0.
- As you can see on the charts price broke multiple levels left behind big imbalances also we still waiting for 2008.0 levels mitigation to rebalance price delivery.
- As we observe dollar index as an inversely correlated instrument we should see a strong bearish move this week but gold chart is...
Hello,Traders!
GOLD is trading in a local
Uptrend and the price
Broke the key horizontal
Level of 2030$ decisively
And is now making a local
Pullback to retest the new
Support level from where
I believe will see a
Further move up
Buy!
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Check out other forecasts below too!
Hello...
Here is the Fibonacci Support Level That is between 2024-2028
Trade Buy - 2024-23
Stop Loss - 2021
Take Profit - 2040-45
This is only for information basis..
Hello dear friends
I have analyzed the Gold Spot Chart in the long term.
Important points
returned
the price
I have specified for use
Price will react to these lines.
We can in
Smaller time frames
We get confirmation.
We get excellent long-term trades
I have made the chart small so that you can see the general view and by zooming in you can get to the details in...
Hello traders!
‼️ This is my perspective on GOLD.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I expect bearish price action from here as price rejected from trendline + resistance zone.
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The trend is very bullish, looking for a rejection from the 2031 or the 2040 with a 4h close and a bullish close on the 30m to look for buys to 2058. Failing that I will wait for another rejection from the 2015 level back to the 2031
Gold rose to the 2037-2041 area on Friday as I judged. My analysis successfully helped traders who saw the analysis win gold trades on Friday
Gold fell to near 2016 on Friday, then began to rebound, and finally rose to 2041, closing at 2035 in the evening. The whole trend fits my judgment perfectly.
Next Monday I think gold will test the 2028-2032 area and then...
If the price can close above the resistance level at 2039 after retesting the support level at 2029, then there is high probability that it will make its way back up to 2060s to retest the previous highs.
