GOLD is charting new all time high territory once again this year after breaking through into the 2700s and still on a sharp ascent structure giving a high probability that we could now see 2800 by end of year. There is still a strong bullish momentum as stated but falling just short of the next quarter resistance of 2750 we could see a correction down to meet...
Whilst actually validating my earlier trade idea this 4hr depiction does show a clear sign that the bull trend remains intact despite the current exhaustion. Going forward i will like to see if this momentum is enough to break the market structure and fallinto the lower lateral of the trend which would be signs of a greater correction perhaps even trend shift due...
Whilst actually validating my earlier trade idea this 4hr depiction does show a clear sign that the bull trend remains intact despite the current exhaustion. Going forward i will like to see if this momentum is enough to break the market structure and fallinto the lower lateral of the trend which would be signs of a greater correction perhaps even trend shift due...
All time high crazy! Charting new territory the precious metal is at it again, starting the week with a suitable correction down to the previous 25% quarter level and dynamic support whilst creating a fresh higher low before the latter week ascent that broke through the 3 day resistance pivot level and into the 2600s where it just continued pushing until market...
Everyone's favourite precious metal has been in a near month long range zone for the last few weeks following a surge to the all time high level of $2,532 and a range low of $2,471 in where gold has been stuck in consolidation even with Non Farm Payroll which failed to break this strong range zone. Most recently we have seen a large bullish surge in momentum...
Following a recent inner descending channel on the EURUSD we have reached a key support zone where a potential pivot could create a lower high in the overall bull trend and surge the euro back up and out of the current inner channel. With the key resistance zone lying around 1.12000 I can see price pushing to this level before either correcting back in the range...
XAUUSD 4HR Analysis | The Bulls Are Taking a Breather | Gold has recently hit an all time high of 2530 and since has tested the breakage of this level a few times, in my last analysis I provided a detailed explanation of the current mining production status globally and JPY/USD economic data that could impact the price movements in the bulls favour however it...
Gold took a tumble mid week down to $2,495 which saw it respect the same dynamic support level and 50 ema for the second time in the last week as we saw last thursday, as price is now respecting this key level and ranging between this and the all time high with gold teasing a break above the resistance with the bull trend still intact in a continuation play its...
Following my last few analysis depictions we have seen the bullish momentum surge bounce off the identified level followed by a small correction down to the key psych level of 2500-08 where price was once again met by the dynamic trendline, 50 ema and order block pivot zone along with 25% quarter section all acting as key support pivot levels which helped price...
Gold In Depth Weekly Analysis Gold Mine Productions : XAUUSD Surged last week reaching 2 new all time highs of $2,500 and $2,530 amidst ongoing tensions in the middle east, BTC reaching over 90% mined whilst Gold mine productions are struggling to reach the last few years production ratio as they declare it is getting harder to find the precious metal,...
Golds Bull Run Following my recent analysis post where I identified a key pivot zone leading into the next price impulse surge we are now running profit with momentum in our favour and the first phase of the analysis completed, going forwards I am looking for price to push a little further into the 2520's where I will await a suitable correction followed by...
🚀💰 Gold's on a Roll ! 💰🚀 Last week, # XAUUSD hit an all-time high of $2529, only to take a dramatic dip back to the 2470-80 zone, finding strong support from the 50 EMA, dynamic trendline, and a key S+R order block. 📉🔄 But don't be fooled by this correction—gold is gearing up for its next big move! With factors pointing towards continued growth, we could see it...
Previous analysis has now near enough completed with a large bullish surge today making its way over 2 key quarter level phases with 2500 being the last of this phase section, after breaking through the previous days high gold now tests the all time high of 2,485 where there is a lot of pressure to break through already. With various events happening this week...
XAUUSD 4HR Update Following the previous analysis we correctly identified the market pivot off the key psych quarter zone and saw a bullish surge back up into the 2400s where price now sits at 2427.45, Going forwards I foreseeing price to make a push for the key level of 2450 and complete the next phase section of 2500 target. Check out my last update...
XAUUSD 4HR Analysis 📊 XAUUSD 4HR Analysis Update Following this week's massive stock market crash, which began in the JPY markets and spilled over to the US and other markets, we witnessed gold take a significant dive from 2450 to 2365 due to intense bearish pressure. 📉 Despite this, the bull trend remains intact as the price rebounded off the daily trend low...
A lot of people and traders were expecting this precious metal to fall...just looking at whats in front of you doesnt allow you to see the cogwork that moves gold, following a respective pivot off the 25% quarter level whilst also showing the inability to push below2300 for multiple days which caused a consolidation in 1+2HR but a bearish flag on 4HR which is a...
It doesnt look like the bulls are giving up just yet, with the inability to push lower or higher gold has been range bound for the last few days whilst respecting the 25% QT support zone and the dynamic ascending support which creates a 4HR bearish flag showing signs of a trend reversal to the upside. Primarily we need to be patient and wait for the correct...
XAUUSD: The Year of the Bulls 🐃 The last month or so has been a bullish infused few weeks for the precious metal gold, having surged above the 2000 level late last year with a spike up to 2140 and then settling down for the remainder of 2023 whilst initially being calm in Q1 price volume started to pick up in late february where it has since scaled to new all...