Pair : XAUUSD ( Gold / U.S Dollar ) Description : Bullish Channel as an Corrective Pattern in Short Time Frame Break of Structure Completed " 123 " Impulsive Waves Rejection from Fibonacci Level - 161.8% RSI - Divergence
Overview: The recent weeks have witnessed a robust bullish momentum in the Gold market, signaling a potential extended rally. This analysis focuses on the M30 timeframe, where a bullish triangle pattern has emerged, providing a key technical indicator. Technical Analysis: Bullish Triangle Pattern : The M30 timeframe reveals a conspicuous bullish triangle...
its for buying from 2174 to 2177 TP 2184 2188 SL 2172
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. GOLD QUICK UPDATE 📚 👉As we can see price is now trading inside this rising channel making clean all-time highs with an impulse move forward. 👉Moreover, price is approaching a strong zone round number 2200, lining up with...
We had a nice week for gold and silver. Both rallied higher as DXY fell and reached below 103. The level that we have been waiting for in the past weeks. Now that DXY had a nice weakly bearish candle closing below 103, what should we expect for gold and silver? Would this rally continue this week as well? I don't know. I'm just enjoying the ride. However, there...
What a trade - Easy TP. All live and in front of ur eyes....
Idea is attached.and you can see that it gave +50 pips in no time Follow for more Trade Ideas like this
Technical analysis: Gold is isolated within healthy Ascending Channel on Daily chart with the latest Weekly High’s at #2,195.80 (representing configuration only few points above from strong Resistance zone as well) as the Higher High’s Lower and Upper zone diagonal is priced at #2,144.80 - #2,152.80 extension. If Higher High’s Upper zone gets invalidated to the...
Technical analysis: Gold is isolated within healthy Ascending Channel on Daily chart with the latest Weekly High’s at #2,195.80 (representing configuration only few points above from strong Resistance zone as well) as the Higher High’s Lower and Upper zone diagonal is priced at #2,144.80 - #2,152.80 extension. If Higher High’s Upper zone gets invalidated to the...
GOLD at breakout level and bottom trendline support if breakout then price can tap at 2195-2199 again if breakdown then 2171-2168-2156 -Trader_Muru
In terms of operation, continue to pay attention to the shape of the 1-hour chart. Regarding the current overall trend, it is still bullish. Although there is a retracement, the short-term upward channel is also intact. It is very likely that after a certain amount of shock repair, there will be an opportunity to choose the direction again. Let’s first look at the...
According to the golden hour chart, the current trend is still strong. But it is difficult to maintain the 2170-2171 area. The blue box is my prediction that the market will correct. The current market will be relatively volatile, and short-term trading can be used to make scalping profits. We expect a pullback from this blue box. ------------------- Share...
Gold looks to make a retracement to the 2140's zone and after which we look to pump till the 2300's before a projected point of return (PoR) Thanks 👍
Dear friends, gold is currently consolidating near the 2078 position, and the highest price of gold last week has reached around the 2095 position. Can gold continue to rise and break through the 2095 position? Can we still go long gold in short-term trading? Judging from the gold trend, we can find that a long-short dividing point for gold in the short term...
Looking at XAU on the higher timeframes, we find ourselves at a level where I'm hesitant to buy, but the market isn't quite a sell yet. Given that we're at an all-time high with no references, I've used the trend-based Fibonacci extension to establish my levels along with my fixed Pivot levels. Scalping is fine. Here's where we stand: 1. We're at the top of the...
In the ever-changing landscape of commodities, gold remains a steadfast asset, attracting attention from investors worldwide. Recent developments in the gold market have prompted discussions and analysis, as market participants closely monitor economic indicators and geopolitical events for insights into its trajectory. Despite challenges such as inflationary...
In the world of commodities, gold remains a cornerstone of investment strategies worldwide. Recent developments in the precious metals market have sparked renewed interest in gold, captivating the attention of investors globally. From economic uncertainties to geopolitical tensions, various factors influence gold's price fluctuations and market dynamics. As...
I'm looking to buy gold when it reach to the zone after it striked all the liquidity (This is just my own ideas and I am doing this just to track my journal) (Please don't try it) It formed Decending Triangle making Liquidity below and likely perhaps to push down approach demand the recent swing low Buy 2158.19 SL 2155.70 TP1 2196 or Higher TP2 2200 RR...