Hello again guys. as I mentioned in previous post the price of gold rallied only to get to the first 5Min resistance and pushed lower from it. at this point I'm looking to close my short in lowest box "final target" where simultaneously I will open a long position. tbh I have no clue what drives gold in the higher time frame so this buy is only considering the 15...
Dear all wolfy traders : I prefer to look chart in most simple way that can to use it for scalping. this is todays road that Gold can move and use support and resistance to trader it. if there be a better range to enter I will share with you
Technically Gold is still stuck in 2313-2333 range. Daily perspective, it's still bearish. I will not go long from here. Today's main strategy is still sell.
TP: 2214.979 SL: 2400.746 In this trading strategy, we present a compelling opportunity for a short position on the XAUUSD currency pair, focusing on the 1-hour timeframe. By incorporating key technical indicators such as the Exponential Moving Average (EMA) 200, Moving Average Convergence Divergence (MACD) for trend analysis, and Supertrend for entry signals,...
hey traders look at the chart, gold still playing in a bullish parallel channel blue lvls = long-term fib ext yellow lvls = long-term dynamic lvls ( Pitchfan ) white lvls = long-term fib retracement all these 3 lvls confirm this area for potential resistance area as long we play below the dynamic and fibs in 4H n daily TF, we can expect the selling pressure to...
For gold, we look at the 2345 line. The K line has reached 2346 as scheduled. Our target has been accurately reached. The golden four-hour line still maintains a bullish trend. Although the negative and positive lines are intertwined, the overall trend is still holding the 2310 line. The market continues to close the shadow line, and the signal is obvious....
Gold is updating a global high to an incredible price. But, negative news for gold is starting to appear in the market. The risk area for the price is very close and if the metal falls below 2265, it may cause a small correction. The target of the correction may be a liquidity block (previously untouched). There is a high probability that the price may test...
GOLD TRADING SCENARIO ON April 29, 2024: Strategy 1. From now until 11:00 a.m. - 12:00 a.m. Gold returns to 2321, then Buy Gold immediately. TP hopes to reach 2330, which is further than 2343, but there is a condition that requires at 6:00 p.m. Gold closes above 2328, and vice versa. Gold closes below 2328, then exit Buy and move. Sell direction to 2296. Sell...
Looking at the current GOLD trend which is increasingly showing a downward trend. Geopolitically, the Middle East is stable amid the issue of massive demonstrations on American college campuses, but this has not had a significant impact. . We will continue to monitor market patterns and also the formation of price action on XAUUSD, considering that next week a lot...
- Hey. - Don't be tired. The movement of gold in the time frame is 15 minutes bullish first to reach a good area in 4 hours and daily and continue its downpour for the time frames said because Swing and orderflow are downward in 4-hour and daily times and the seller power is higher. ( Also note that we re-analyze with each price movement, and the future is very...
TVC:GOLD bullish momentum seems to be exhausted after making All Time High. As It has broken its ascending trendline and support area at 2300-2320, It looks like GOLD will continue its correction towards 2200-2230 zones. In long term outlook, GOLD is still bullish while in short term outlook, We can look for selling opportunities till fib 0.5 retracement.
Watch price as it continues to either make new lows during the London session then rise after or make new lows and consolidate into NY session for the rise back up... Watch price at the levels and your timing for your setup.
Hello there, Mapping out the XAUUSD, it seems we are in a B retracement in a bearish trend. The price has the potential to move up to the 2340–2374 extremes and drop to the 2260–2237 area. The price needs to confirm a higher low above 2325 for a bull run at the current level. Happy Trading, K.
On gold against the dollar, I technically see a potential rebound to the 2300 level (round figure), where the price already rebounded on 04/23 and which therefore acts as an important support, taking into account the underlying uptrend.
Please, check our technical outlook for GOLD. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 2319.831. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 2384.107 level. P.S Overbought describes a period...
#GOLD- well guys market perfect moved as per our video analysis, Now on current chart we have 2327 as immediate supporting area for now , Keep close it because further selling will start below that otherwise not.. Good luck Trade wisely
Daily live trade with XAUUSD in 15m/30m/1h 20240425
Hello traders. I have marked my area of interest but for now I am just waiting. The current 4 hour chart is all choppy trash to me. I am waiting to see later what happens with the overnight sessions to get out of my no trade zone. I can see a scalp up from the 2316 area towards the 2326 area but for me I will wait for a break and close above or a rejection...