In the past four trading days, the price of gold has remained fluctuating within a wide range. We have very good control over the changes in direction and points. Yesterday (Friday), with the support of positive non-agricultural data, we also followed up. We went long, but were eventually beaten by the retracement. Fortunately, the price rebounded and closed at...
📈 Gold Analysis & Key Levels for Next Week 📉 🔹 Resistance Levels: 1. Resistance 1 (2347 - 2360): 🛑 Sell Zone 🛑 2. Resistance 2 (2397 - 2432): 🚫 Strong Resistance 🚫 🔸 Support Levels: 1. Support 1 (2227 - 2267): 💰 Buy Zone 💰 2. Support 2 (2222 - 2189): 📉 Critical Support 📉 3. Support 3 (2143 - 2163): ⚠️ Deep Support ⚠️ 💡 Trading Strategies: - **Pullback...
Falling wedge pattern and price action suggest price consolidation, LH and LL with downtrend approaching demand zone. Watching RSI, MACD, will give additional confluence of bias.
This is a long analysis I made both for myself and to share it with you, I have to say that, I don't usually trade Gold. And I won't be able to comment on the current state of world and news. So this analysis will be focusing only on the charts, please consider the market data and news before taking any position. I summarized everything at the end of the post... ...
Gold be in our second pair for this week we have a bearish range on the higher timeframe, collectively we know that gold is bullish as a whole but we have formed some bearish structure so we're going to follow that narrative and you can see by our markup we have three areas to watch, Based on this I am looking at the range that we established last week on the...
By Wolrd Forex Traders hello 👋 " Gold Market Analysis 💡📊👀 1H Time Frame Chart 📈🕒 _Bullish Signal 🚀👍_ We're seeing a strong long opportunity in the Gold market, with a current price of 2301. Our target is 2336, which is a key resistance level. A breakout above this level will likely lead to a significant price increase! 📈💸 _Analysis 🤔📊_ The 1H time frame...
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 continues to exhibit a downward trend, with potential targets at 2290 and 2278. A further decline below 2278 could initiate a new bearish phase, targeting 2260. Conversely, a breakthrough above 2307 would confirm a bullish trend, suggesting potential upward movement towards 2327 should prices stabilize above this level. Additionally, today's Non-Farm Payroll...
Weekly Analysis: Analysis/Bias remains the same as last week's weekly analysis dated 28 April 2024 -> Swing: Bullish. -> Internal: Bullish. Price printed a bullish swing BOS followed by a bullish iBOS and continues to break all time highs. Most likely scenario would be for price to pull back following swing and internal BOS (Break Of Structure) First...
This 4h bullish mitigated orderblock is the zone to expect bullish orders but besides that gold has shown bullish weakness after aggressive bullish trend since the start of the year. On the chart I've played two possible scenios one is that price breaks through the order block without raiding the highs. Or price pushes up to 2366 filling up the FVG and from...
In early trading on Monday, spot gold suddenly fell rapidly in the short term. The price of gold plummeted by nearly $15 from a level near $2,337/ounce, and currently hit a low of $2,319.82/ounce, setting a new intraday low. A piece of heavyweight news came from Israel, which further cooled the market's risk appetite, thus hitting the gold price trend. This week...
Gold last week was generally recovering from Monday's sharp decline. During the week, it once retreated downwards and broke through the 2300 integer mark to reach around 2291 and rebounded. Gold prices were supported above 2320 throughout the day on Friday, maintaining bullish shocks, rebounding and repairing, and accelerated higher before the US market in the...
A successful investor is not about how much profit he makes, but how well he controls risks. Since we cannot control the market, we must learn to control ourselves. Those who don't understand the stop loss will get deeper and deeper, and the longer they will get tighter. An investor can gradually become stronger after being baptized and tempered by the market for...
Dear Colleagues, I suppose that the wave "4" of the higher order is completing its movement. I expect a possible update of the minimum and reaching the area of 2281.89 or the beginning of the upward movement to the resistance area of 2358.71. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Looks for some correction which is due around 2250/2260 or 2235 then next wave can lead us to 2500 usd per onz some where next 1 to two months time frame guys this for sure bullish sentimentet not over yet
Gold continues to make Lower Highs and Lower Lows. Selling pressure remains active under 2308. Gold will continue to move downwards if we see a close under the Previous Day Low - 2277
XAUUSD last week was fundamentally rich, but the market reaction is weak, sellers are actively selling out any buying activity. A pre-breakdown setup is forming around 2285, and if it is not broken, the correction will extend to 2222 (2195). The signal to the continuation of the fall will be the fixing of the price below 2285. But, with active participation of...
XAUUSD Weekly Outlook Two possible Scenarios; On the 1 hour Timeframe, price action has respected the bearish orderflow, creating lower highs and lower lows. currently price is still sitting on the bearish OB. There are 2 scenarios i am looking at. 1) Price rejects off the 1 hour OB, and creates an bearish push to the downside. Ideally, i want to see price on...