💡After breaking the Support line , Gold managed to attack the Resistance lines with a Bullish Marubozu Candle . 🌊Regarding Elliott wave theory , Gold is completing a Zigzag Correction(ABC/5-3-5) so that Gold is currently completing the microwave 4 of the main wave C . 🔔I expect Gold to start rising again from the 🟡 Potential Reversal...
✅As I expected in yesterday's post , Gold started to rise again after breaking the Resistance lines and reacting to the upper Resistance lines and the 🔴 Resistance zone($2,071_$2,054) 🔴. 🌊Regarding Elliott wave theory , It seems that Gold has completed the Zigzag Correction(ABC/5-3-5) on the Resistance lines and the 🔴 Resistance zone($2,071_$2,054) 🔴,...
Analysis of XAUUSD in the M15 timeframe using the SMC method 4H is bullish => currently is pullback dow M15 is bearish => currently pullback up We sell down when we reach the order block
#GOLD.. market very well hold your area 2056 in first go then break and upside placed your targeted area 2063 around. well guys now keep close that level because it market upside important area. next further rise will continuew above 2063 . dont be lazy here, stay sharp. good luck trade wisely
Gold on the prompt to sell through to the 40's,where the key sell momentum is depicted at 59' through 63', to activate a potential sweep above the 60's , A flow to flow order , the afterall momentum is bullish , follow for more insights ,comment , and boost idea if its helpful
Look out for buy at retracement zone 2041-2037 with target TP at 2048, 2053 or 2063 and SL at 2035 OR Check out for breakout at 2035 for sell at zone 2037-2033 with target TP at 2028, 2023 or 2018
Gold seems to be looking for more upside action after withstanding a very sharp drop to end last week. Based on macro analysis, I believe that Gold will retest $2110 in the days ahead, however I'm also expecting this upside test to fail establishing support, ultimately sending price back below $1900. What's your thoughts on the world's favorite 'safe-haven?
Hello Traders! Let's delve into the recent movements of Gold (XAU/USD) on the daily timeframe, exploring potential opportunities: 📉 Patterns Unfolding: V Bottom & AB=CD Formation The charts reveal the presence of a V Bottom pattern, coupled with an AB=CD formation, signaling the potential for a bullish upswing. 🔍 Current Scenario: Notably, the price has...
#GOLD.. market in first go very well hold your upside area 2056 its our one n only area in today that can change the overall scenario of chart. keep close it.. if market hold 2054 then you can see again drop to towards again supporting areas. upside and downside areas are mentioned on chart. good luck trade wisely
FX:XAUUSD is holding strong, yesterday's economic news also supported the price. The price of metal forms numerous retests of resistance, as well as forms a pre-breakdown consolidation. The complexity of the situation is that we have a very narrow range and within this range the market maker will gain liquidity by any means, but sometimes there are...
DEAR WOLFY TRADERS : hope you passed a good week so what we have a strong UpTrend and its dangerous to trade it today because market of the Gold(xau) Excitement has increased. I will update this idea with my own setups for scalp trading. good luck
Keep on waiting if price retrace for sell or it is just fake out before moving upward. Depend on monitoring of price action
Data showed that the U.S. personal consumption expenditures (PEC) price index rose 0.3% in January and the core PCE price index rose 0.4%, putting pressure on the dollar and making gold cheaper for investors holding other currencies. Fed officials have chosen to downplay recent data showing a rebound in price pressures last month and instead focus on overall...
XAUUSD going little sell in 5M chart SMC prediction i think near 50 or 100 pips target
Multiple time frame analysis for Gold. Key levels, price action. Trading plan. Potential scenarios. ❤️Please, support this video with like and comment!❤️
Gold hit a one-month high of 2050 on Thursday and closed near 2044. U.S. inflation data was in line with expectations and the number of Americans filing for unemployment benefits increased slightly, providing upward momentum for international gold. Traders' attention turned to further comments from Federal Reserve officials for clues about a rate cut. The...
PMI is set to be released today. PMI will be playing a critical role in US policy positioning in the upcoming months. Please review the notes on the charts and use LTF to enter trades accordingly. Trade safe and remember to manage risk.
Rejection from any of the fibo level can lead the price to 1980 but the rejection has to be happened after forming ABC formation.