as price action and retest S\R WREKS zone we could see negative move to closing weekly
Today, gold fluctuated and recovered after testing near the 2319 position. It hit near the 2344 position and then stagnated again. Gold is currently trading near the 2335 position. At present, we can see that gold as a whole is weakly fluctuating in the 2345-2315 area. What I have given you today is the gold short trading strategy and signals, short gold in the...
Looking for Gold to breakout of the downward trend with a break and retest of the $2298.5 level before continuing higher. I am looking for entries on the 5min and 15min timeframes. I believe this is a short term bullish move before the bigger overall bearish retracement on the higher timeframes.
Gold has retraced from its max value of 2431.590. Currently it is at key trendline level on daily. But we see no signs of bearish trend slowing down. Hence, price may fall further. Bearish continuation pattern has been formed and on break of its pole end, price will continue bearish, which gives us a good opportunity to sell.
The price is currently hovering at the daily SBR area with a break of structure happening on H4. Try to short this with SL on the current previous high & target the nearest daily support. Trade safe!
XAUUSD Forecast: Two Predictions In Play 1. A CHANCE AT DROPPING. Strategy: Weekly candle closed with a solid bearish candle. I am predicting a selling structure as the market respects the H4 resistance & the Daily QM selling structure. Action: Selling structure until we analyse a reversal within the market. Sell until the earth’s core! Unless Elon...
As have been sharing a lot of bullish scenarios. This is my main idea and most likely. I see 3 waves why we have seen 1.27% extension rather than 1.618 at 2500 many are still looking for. wave 5 can get crazy and can tag 3k as many believe will happen. But in shorter term it is going to shake a lot out and create bears. Looking for a bear market starting. ...
Hey there on 1htF the Gold has moved upside earlier when the Powell speech and also there is another next support area which of the 1htF has breaks manipulation and go upside so in fomc news release and first went downside 2295.50 and then return from these area and now continue rise upside we can looking for another opportunity to drop again of these areas can be...
The golden day line closed high, closed a small Yin K line, two consecutive days this week around 2390-2393 area shorting have gained, high adjustment market, after the second high, failed to close strong, or break high strength, short term is to convert downward, the weekly line is as expected to touch the high line and then pressure. Gold is currently under...
Hello friends In the price of gold, we see the formation of a 5-wave bearish pattern. This pattern usually appears in zigzag form and their waveform is 5-3-5. Currently forming wave A, which is 5 waves. Wave B corrects wave A in the form of 3 border waves and usually 61.8. C wave is also (like A wave) 5 waves and is about 100 or 161.8% of A wave. Therefore, we...
Hello * Expanding flat formed * C wave of corrective structure in play * MACD divergence Entry: 2343 Stop loss: 2370 Take Profit 2319
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed " 1234 " Impulsive Waves Bullish Channel as an Corrective Pattern in Short Time Frame and Rejection from Lower Trend Line RSI - Divergence Fibonacci Level - 61.80% Impulse Correction
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.
Hello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze...
Gold time frame 4 hours According to our analysis, we expect the price to reach our range and wait for the price reaction from there. In the 4-hour time frame, the trend has changed, so short trades have a higher percentage of profit than long trades. It is better to enter short trades to reach a strong demand range.
The fundamental outlook for gold is less positive, as is its near-term technical price action. If gold prices close this month below $2,300 an ounce, Next week will be an important test for gold. This level has become an important pivot point. Gold appears to be overbought on the monthly chart, and a midweek close below $2,300 would cast a considerable shadow...
The US Dollar Index is entering accumulation and recovering after 2 days of decline, making gold priced in US Dollars less attractive thanks to direct correlation. The short-term appeal of precious metals still remains. weak as tensions in the Middle East ease and safe-haven demand weakens. The gold market has been less affected by the escalating conflict in the...