– Previous Weekly candle closed strong Bullish around 2035.400 forming Weekly Support around 2013.200, Friday Daily candle closed Bullish within Daily Resistance formed back on Wednesday 7th February this year. I’ll be looking for potential Buys above 2041.700 targeting previous 1h Support formed on 1st February at 2046.200 and previous 4h Range formed around...
Good evening gold gang! its that time once again where the madness starts and we get into some action in the gold markets
Last week we closed above the key level of 2015 with bullish intent .. but with no major news coming from the warzone, i dont think we can stay bullish.
Id have to see price break 2040s area to confirm bullish
Im looking for sells and the...
The
OANDA:XAUUSD
market had a positive week, closing above the previous week high, but it remains in the same range it was previously in, which is the 2000–2050 levels. The price bottomed and bounced off the support, which is a positive sign but does not guarantee an easy move upward. On the daily timeframe, the market formed the two doji candles, then it...
Brief Description🖊️:
The chart provides insights into critical market levels, emphasizing an essential demand and supply zone (low-risk buy/sell zone) spanning from 2019 to 2017 and 2052-2055. Additionally, high-risk buy and sell zones between 2028.5-2026 and 2033-2035, respectively, are highlighted.
Things I Have Seen👀:
Important Demand Zone🟢: Identified...
Based on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
good evening traders, lets try to understand what can happen this week on Gold . If we see at gold chart we have been expecting gold fall but fundamentals looks like changed the direction of gold.for this week i think gold will test the resistance level , and because the weekly candle closed above the key level i will look to buy as shown in the chart , but be...
Big day for US economic data.No London trade because of this.AUD Positive,USD Positive ,Rejection of pivot points and most recent highs.Look for shorts into most recent Low/Demand zones
Using the data we get from the gold weekly chart and my special calculation program, we identify these waypoints as key gold points and based on that we can enter long and short positions. In this method, stoploss setting is based on your personal money management and is flexible, but the most logical stop is between 20 and 35 pips from the entry point on the...
GOLD TRADE ANALYSIS FOR 26/02/2024
2043 AND 20147.98 WILL BECOME IMPORTANT LEVELS FOR GOLD
2043 Will be the target and 2047.98 will be second.
Anything between this levels must be taken with cautions, this is where the price will make decisions to either go down. Or break up to 2062.23
Or it could break down to come for liquidity at exactly from 2030.79...
KOG REPORT:
In last week’s KOG Report we said we would be looking for the lows in the early part of the week and as long as they held we wanted to see our first target of 2020 completed and above that 2025. We then said we were expecting price to settle below the order region 2030-35 and if held, we felt an opportunity to short the market would be available to...
Hello Traders!
We have an interesting graph when we look on Xau/Usd...
On D1 the trend (Swing) is bullish and price start a new impulse from demand.
On H4 the trend (Internal) is bearish and price reach an interesting daily supply.
On lower tf the price give us bullish signs (lower highs and higher highs).
What we expect? Bullish move because of the big trend or...
Macro-Economic Side:
Usd is appearing bearish based on VIX analysis. A Down Trendline look like it's confirming the downtrend there. But actually there is still some space for a bull retracement before USD go down. Plus, interest rate cuts are so close, but still not come. So my macroeconomic vision is based on a strong USD still for a bit. When the news is...
