Here's a recap of our gold trades this week:
We went against the crowd and bought gold when others were selling. The result? A fantastic +350 pips in profits from this analysis.
And guess what? We're not done yet! We're still eyeing a long journey for gold, aiming for $2040.
Keep an eye out for our upcoming analyses later this week. Stay tuned!
This is what I'm expecting from gold if TVC:DXY breaks another key level to test 103.00
Also a small possibility they'll push futures and FX up to dump on US news later this week. Taking a small gamble
Hi traders,
Last week XAUUSD went higher. Now there are multiple possibilities
Next week we could see this pair drop (maybe one small leg up before) to continue the last black wave C to complete the bigger (black) ABC correction down. But it's also possible that it makes a bigger triangle or that it break the high of the (blue) wave a.
Let's see what price...
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING...
**Monthly Chart**
XAUUSD long-term bias is still Bullish. Last month's candle closed as a bearish candle. However, it has a long wick on the downside. This confirms a continued move to the upside. XAUUSD looks bullish to me until it breaks 2000 level and below.
**Weekly Chart**
XAUUSD long-term directional bias continues to be bullish after bouncing from 1985...
Hey Everyone,
Please see our updated 1h chart levels and targets for the coming week.
We are seeing price play between support 2030 Goldturn and resistance at 2036 Goldlturn for a test and break on either Goldturn to confirm the next range.
We have resistance at 2036 for a immediate bullish target and 2030, as our bearish level target. We will see price range...
Hey Everyone,
Please see our updated 4h chart levels and targets for the coming week.
We are seeing price break 2033 but EMA5 is lagging behind. Although we have open target now at 2042, we will need to see ema5 cross and lock above 2033 to open the full range 2042 and 2052.
We have support now at 2033 and our bearish retracement zone at 2022. We will need to...
Hey Everyone,
Please see our daily chart idea that we have been tracking for a while now, which is playing out and respecting dynamics perfectly.
Previously we got the 2043 hit, as analysed and we advised that we will be waiting to see either ema5 cross and lock above 2043 to open the range above or a new Goldturn formation below 2043 to confirm rejection into...
Hey Everyone,
This is our monthly chart long term projection chart. We have been tracking this chart since July 2023, which we saw completed hitting all our targets perfectly with a perfect finish on the channel top.
We then tracked the rejection from the channel top into the monthly chart detachment highlighted by the circle with room still left at 1987 for a...
My dear followers,
I analysed this chart on GOLD and concluded the following:
The market is trading on 2035.3 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 2024.3
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to...
We broke-out of a downtrend and we have been trending up, we just broke a strong resistance and we should be waiting for a retracement back to the resistance which will now act as a support. We can buy when we get our confirmation candle at the support and we can target the nearest resistance as our take profit.
Hello traders ,what do you think about GOLD? The price of gold is fluctuating between this range. From a technical point of view, there's an anticipation of a potential decline to the designated level of 2030, followed by a subsequent range of 2020-2010. feel free to express your support through likes and comments. ❤️
Hello everyone.. hope you're all doing well...
As you can see, Gold is very close to the trend line according to the D1 Timeframe.. and there are more chances that if gold fails to break this trend line, it will fall back into a bearish trend from here..
If you have any best ideas related to this, please do share your opinion in the comments.. Thank you.. ☺️
Hello traders, I want share with you my opinion about Gold. Looking at the chart, we can see how the price a not long time ago entered to downward channel, where it first rose to the resistance line, but soon rebounded and declined to the support line, thereby breaking the 2040 resistance level, which coincided with seller zone. After this movement, the price rose...
