The down candle tail on the W1 touch the 2300 sign of down. D1 Ranging. H4 ascending triangle pattern should be failure. Short only will enter if the price pullback to 2300, and target 2282.
Risk Warning: It is important to note that this is just one indicator and should not be used solely to make trading decisions. It is always advisable to consider other technical analysis tools and fundamental factors before making any investment choices.
OANDA:XAUUSD market could see more volatility next week on news from the Federal Reserve and is expected to signal that it will not be ready to cut interest rates in June. Although expectations of loosening policy by the US Federal Reserve are fading, gold prices have also increased about 17% since February this year. Gold's strong performance is linked to...
Gold recorded a slight increase to near $2,230 in Thursday's US trading session, amidst optimistic market sentiment, declining US treasury bond yields, and a weaker US dollar. In the Asian trading session on Friday, the price of gold continued to maintain stability, fluctuating around the $2,300 mark. Based on technical analysis on the 4-hour chart, the Relative...
The XAU/USD (gold/US dollar) pair is exhibiting a descending triangle pattern, indicating a bearish bias in its price movement. This pattern is characterized by a series of lower highs and a horizontal support level, suggesting potential downward pressure on the exchange rate. Furthermore, the crossover of the Exponential Moving Averages (EMAs) 200 and 50...
With todays price action we see a nice rejection off the falling trend line resistance. US data pushed price for a possibly breakout only to run into resistance and break back down to continue downwards. Price is now forming a bearish triangle pattern with support currently being tested. The plan? - Hold for break of this key level of support - Wait for a...
Once again we saw another manipulation trap through a news event. NFP made Gold shoot up during the news, only for price to come crashing back down in the next hourly candle. Market trapped new buyers & used that as liquidity to carry on pushing down!
After making a top down analysis from the monthly time-frame, i carefully analysed and highlighted the possible retracement zones as well as point of pullbacks
Gold's 4-hour moving average continues to cross downwards and the short position is arranged. Gold's recent rebound has all surged higher and then fell back. The bulls have not yet made any efforts to counterattack, and gold continues to be controlled by the bears. Gold has risen rapidly and then fallen back quickly, indicating that the bulls are not very...
After price take +OB H4 i think price will go to Re-balance ! Pending order (50% of Interbank order flow or you can buy on top) Entry : 2293.239 Stop loss : 2290.135 TP1 : 2312.867 TP2 : 2328.115 (BSL)
🔴 Resistance - 2299 🔴 🚀 Target - 2313 - 2327 🚀 🟢 Support - 2289 🟢 🚀 Target - 2275 - 2252 🚀 🚫 Manage Your Risk & Reward As Per Your Risk Management 🚫 🔥🔥 Levels Works Best on 5 - 15 Minutes Time Frame 🔥🔥 ❤️❤️ MARKET SECRET ❤️❤️👇 1. TRADE WHAT YOU SEE NOT WHAT YOU ASSUME 2. FOLLOW THE TREND BECAUSE TREND IS YOUR ONLY FRIEND 3. CHART IS SUPREME 4. YOUR...
Daily live trade with XAUUSD in 15m/30m/1h 20240503
Looking for a continuation push down to 2265 area. NFP push was solid, but looks like gold found its direction. Anything about 2297 is a no go for me thats why SL is placed there
TVC:GOLD has broken major support areas and is not trending downwards, forming a series of Lower Lows and Lower Highs. Currently, the price is in discounted range where we can look for selling opportunities.
Hello traders, I want share with you my opinion about Gold.Looking at the chart, we can see how the price some days ago entered to upward pennant, where it at once rebounded from the support line and made a strong upward impulse to the resistance line, thereby breaking 2285 and 2380 levels. After this movement, Gold turned around and in a short time declined lower...
RED LINE = Route 1 BLUE LINE = Route 2 GREEN LINE = Route 3 ORANGE LINE = Route 4 Choose 1 path after the news comes out and do it. !!! May everyone be millionaires. !!!! Follow me for encouragement :D