Gold technical analysis:
Gold is currently on track for a fifth consecutive bullish week, and at current level it would close at a record high on the weekly chart (even though it trades beneath last week’s high). However, it is also on track for an inside week, which shows a loss of momentum from the bull camp. A bullish inside day also formed on Thursday,...
Here Gold is rising towards our Supply . As we know the price rises before going short and the price falls before long .
In the sell zone depicted by red color rectangle we would see change of character on LTF ie 5min chart can be taken for that confirmation signal .
thank you .
After drawing Support and Resistance lines at 30 min timeframe, switch back to 15 min timeframe to take LONG and SHORT trades.
LONG Trade: Enter just above R2 with S/L just below R1. Set TPs as per Risk / Reward ratio.
SHORT trade: Enter just below S2 with S/L just above S1. Set TPs as per risk / reward ratio.
Values of trade I'm taking are mentioned on the Chart.
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 2500?!
👉As we can see price is still overall bullish from a long-term perspective, trading inside this rising broadening wedge pattern making new aggressive movement upside.
👉Meanwhile, yes, we can expect a movement...
**Bullish Scenario:**
- The upward pointing arrow suggests a potential increase in gold prices.
- The support level, indicated by the green ascending trendline, could be where buyers enter the market, driving prices up.
- If the price breaks above the red descending trendline (resistance), it could confirm the bullish trend.
- The EMA 9 crossing above the EMA 50...
If GOLD goes down to this area that specified, get the BUY positions.
Please pay special attention to the accurate 3 trends as three entries, colored levels, and red level as SL.
Be careful
BEST
MT
If the price crosses the green support zone, it will be possible to continue the corrective process up to the red support zone.
Crossing the resistance range can cause the continuation of the upward trend
gold on fundamentals
we had huge crash on friday and then correct its trend to the last ATH
our area open two positions yesterday 150 pips tp and 20 pips Sl totally we made 130 pips
this week we trade more on long side
Hey everyone! Quick update: Gold was on a wild ride yesterday, dropping to $2,330 and then surging up to $2,392, netting a cool $62 gain in no time. That’s some solid proof that gold's still got its mojo despite all the market madness.
With U.S. inflation heating up, it looks like the Fed might hold off on any big monetary moves, which only strengthens gold’s...
Based on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
Really simple setup for gold here, we know we had a great move from last week creating severe new ATHs as well as the week before, i am not expecting this to stop any time soon! on the charts here you can see we have 3 ideas to watch, running higher from where we sit. dropping into and wicking the 4hr low to then go higher again or running lower from the sell off...
