XAUUSD, WEEKLY CHART... here's how it looks.

I've been trying some custom approach / experiment on detecting reversal play in advance stages -- and my current case study is XAUUSD. Here's how it looks. Based on weekly data, we got a thinning price line with a shifting inverted support lines (bottom lines). A good confirmation Identifier would be a complete horizontal inverted support line shift.

1950 (completed support line) would be the key price point for that level.
Touch it, and we got a BUY SIGNAL. Non-confirmatory (risky) would be 1940 level.

TAYOR.
Safeguard capital always.

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GOLD re-attempts... let's see.

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TRIVIA: BASED ON TRI MONTHLY CHART HISTORY -- ANY BREAK OF PREVIOUS PEAK PROCEEDED WITH NEW HIGHS AND PEAKS -- 95% OF THE TIME.

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MICRO VIEW: 4H DATA - back at the base range. Gold keeps fighting for this support level.

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MACRO VIEW: WEEKLY DATA:

Fresh signs are up: White light candle + bubble up volume (bottom indicator) finally appeared after 3 months of waiting.

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4H update:

GOLD ascend continuation is in order.

UPSIDE in tact.

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Daily data update:

Gold is skipping that major descending trend line support after a few weeks of aligning itself on it. An attempt to ascend 'significantly' is in order.

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Weekly data update:

Weekly shift spotted -- this 'maybe' a huge hint already in terms of price possibilities.

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MICRO UPDATE (1h)

GOLD is currently consolidating / ranging at the 1910-1920 range inside the darvas box. A break of this, will mean a strong momentum upside.

TAYOR

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Weekly data update:

GOLD is about to touch descending trendline -- a break would mean a strong upside momentum.

TAYOR.

Comment:

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DAILY SHIFT ALERT.

Based on recent price metrics, Gold is aiming to revisit 1980 levels.

Spotted at 1925

TAYOR.

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Ascend continuation:

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Price line shift has surfaced based on daily data.

TAYOR.

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Buyers are back, a re-attempt to 1900 likely.

TAYOR.

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Fresh attempt on 1H, altho daily is experiencing resistance.
Let's see if it can muster strength to squeeze more upside juice.

Spotted at 1970.

TAYOR.

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Welcome 2k.

Congrats holders. :)

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Fresh attempt from daily data:

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Monthly data:

GOLD registered huge net monthly volume shift after 6 months as seen on the chart.

Looks we are going to enter a new era soon, the 2k era.

TAYOR.

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Daily data update:

We're about to enter the GOLDEN 2K ERA soon.

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GOLD doing the ascending waves consistently.

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Price Playing out as planned.

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4h data update:

GOLD preppin for another round.

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Moved as planned.

Congrats holders.

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RESET DAY. Swing opportunity.

If you missed the 2150 run, then GOLD is flashing another opportunity play.

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A good descend will always be followed a GREAT ASCEND (with possible breakout) as shown on this chart.

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The prospect of a revisit of 2150 ATH is very very high.

TAYOR

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RESET.

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Let's proceed further UP.

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Possible scenario play for GOLD.

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THE STAGES of GOLD.

Repeat-Rise plays.

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1h data update: a shifting baseline has been spotted.

Comment:

an upside attempt will be expected from the current price range.

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More rise ahead for GOLD.

Daily shift. Bulls are taking over now.

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GOLD is coming for that heat zone area, a strong break would mean a strong upside momentum.

TAYOR.

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GOLD doing the "W second leg" formation (with touch base). A pre-surge movement.

TAYOR.

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new attempt / new base.

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So far so good from our last update.

For next week, based on 1h data, GOLD is looking to continue its upward trajectory.

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fresh attempt on 3h.

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short squeeze is ripe on this.

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Daily data update.

THE KISS.

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4h data update:

The Stages: Higher low base.

TAYOR.

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5h data update:

We got a Breakout. Will target 2060 now with a possible attempt to break, if successful it will aim for 2100 ++ levels.

tvc-invdn-com.invest...dbb533f8b0e3ba75.png

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GOLD is preppin for an exponential rise soon.

It is now hovering near the horizontal ATH zone, heatzone area.

A break off it would mean massive momentum and rise.

TAYOR.

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As expected. So much strength.
Congrats holders. :)

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We are ranging still near ATH. Congrats holders.

ON the daily another brewing bulls' attempt is in order.

TAYOR.

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1-2 PUNCH ALERT is UP NOW.

An upside attempt may happen soon.

TAYOR.

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THE BULLS are STRONG, and upside continuation is in order.

Next target is 2600 from the current range 2300.

TAYOR.

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4H DATA UPDATE:

WE GOT A BREAKOUT ANEW!

This is preppin for a revisit to previous peak at 2400 -- with a possible breakout of it.

TAYOR.

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Moving based on expectation.
Congrats holders.

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This is eyeing 2400 based on recent price metrics.

Spotted at 2300.

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We almost hit our target at 2400 by touching 2397.

Congrats to those who was able to ride it from 2300 from May 14.

Looking for a reset setup now.

TAYOR.