after this manipulation moves from asian and london im expecting some distribution and accumulation at Ny open and NYC . gold retest the daily open a couple of times but its monday and the maket is slow, maybe there will nothing happen today
Seems Like Gold Is Ready To Go 2347 To 2355 Then Will See Down Side Journey.
Good morning Traders ☕️ Welcome to my 4-hour big picture analysis, complete with all those handy zones marked right on the chart! 📈 Gold's feeling a bit indecisive at the moment, isn't it? 🤔 But fear not, because there are some demand zones just waiting to be traded in this timeframe! ⛏️ We have the CHoCH on the 4h, but wee need a BOS to pop up and confirm...
Right away from the distribution phase@2417-2362 ... the market behavior then makes its drop impounding on the primary demand zone @2291.. to make a clear moves retracement to activate the key sell momentum ... according to weekly timeframe....the weekopens making a pullback to supply .comment your opinions ,boost idea, and follow for more insights ..thanks ✨
Bullish indications: Moring star candle formation in day time frame. Moving average 20 respected. Resistance broken at 2337 Inverted head and shoulder pattern in day time frame. Bullish engulfer candle while break out . Bearish indications: Bearish divergence. LLLH Trade plan bias long @ 2327 SL:2311 TP1:2339 TP2:2350
Hello traders. Taking a look atthe 4 hour chart and my previous marked analysis, I waited to get out of my no trade zone. I took a Buy entry at 2338.62.. My SL is 2329 and my take profit is 2350 area. Let's see how it plays out. I am a few pips in profit as of this writing.. Saying that, if we dip down some more, I will close the trade with a few pips and get...
Gold chart overview Today I will post an overview on the various time frames and also outline the trends and detailed entries
Hello everyone I do not know how many times I have mentioned What I want to say now but I repeat it again and again because I can see this problem even in the analysis of the most pronoun and famous chartists and technicians. My friends, candle stick charts are really good and I use it every day but because of shadows (Wick) lines, they can make it confusing and...
XAU/USD trades near $2,371 and the daily chart shows that the slide may continue. Technical indicators retreat from extreme overbought levels, suggesting the decline may continue. Still, a steeper slide remains out of the picture, as XAU/USD refuses to give up developing its moving averages above all Simple Moving Average (SMA) maintains its firmly bullish slope...
Expecting EU to move up into the premium zone and expect a drop from there
I'm expecting price to go finish ABC correction of wave 4 of C and then to fall to complete wave C of primary degree 4
What everyone needs to pay attention to in the near future is further news on the situation in the Middle East and economic data from the United States. The geopolitical situation has slowed down. For the time being, Israel, Iran, and Hamas have no radical actions or battle plans. The market is a little calm, and the safe haven of gold is not so obvious. In...
2189$ can be the next target? before uptrend to 24k, 25k , 26k. The sharp V-shaped irrationally lead the sudden rise and then creating a quick inverse V-Shaped and rise in the bullish trend to complete the bullish retracement in the aftermath. A V-shaped mostly occurs in the Bullish trend and then show reversal trend, However this may create a strong bearish...
XAUUSD is currently exhibiting a neutral stance on the 1-hour timeframe, trading between support at 2238 and resistance at 2335. The price action suggests a consolidation phase, indicating indecision in market sentiment. Traders should monitor for potential breakout scenarios while considering key technical indicators for confirmation, exercising patience and...
Will he play around tomorrow after setting the interest rate, then gold will rise a little, and then hint at lowering the interest rate? But I believe that gold will continue to rise to $3,900 even if it hints at a rate cut. ( use google translate, srry if u dont understand what I wanna say) see you later..
I like the potential div into a 4h block - probably will take a few days to play out the div, if it will exist, if not stop a few % lower.
GOLD is FLAT ; corrective wave (long bias) Market Condition - Reaccumulation ST Washout / Correction (Suspected) Market State - Re-accumulation Local Trading Range (+possible washout) - ** no clearly defined local trading range parameters. Market Context - No active trading range