✍️ NOVA hello everyone, Let's comment on gold price next week from 1/4 - 5/4/2024 🔥 World situation: The price of gold hits all-time highs near $2,230 per ounce, aiming for a fifth consecutive session of gains on Friday. Trading volumes are low due to Good Friday observance. The allure of gold is attracting buyers as market sentiment suggests that major...
We’re currently looking at Gold on the monthly timeframe and trying to determine the end of the bullish trend. Projected price in the target zone for wave 5 is @2800 price point For reversal: Will like to see the divergence between waves 3&5 and a change in direction of the current momentum. And also chart patterns like rising wedge, double or triple tops and...
I expect a pull-back. Gold is in overbought condition. Profit taking would help to pullback.
XAUUSD Pivot Point 2234 If the price is higher than the pivot, open long, TP1 at 2250, and TP2 at 2260, cut loss if the price is lower than the pivot. If the price is lower than the pivot, open short, TP1 at 2220 and TP2 at 2208, cut loss if the price is higher than the pivot. *** Please money management***
the detail is shown in the above Chart. I made this Idea based on Candlestick Analysis and Harmonic pattern. Bullish Shark Pattern Will Start at 1905$. The Golden Shark recently bounced back from the 0.88 Fibonacci level at $1,952 And 1 Fibonacci level at $1,936. So we expect gold to start rising at the 1.13 level based on the shark pattern. Good Luck SEYED.
we made almost 400 pips from our area on gold by 2-3 positions a day on NEWYORK session last week with just two SL . gold make an uptrend in this week and then down trend now we have some plan to trade gold this week. we trade on newyork session by our new area and i wish more profit from last week. "Using the data we get from the gold weekly chart and my special...
Hey there on 1htF the Gold has moved upside so we can Now we have WCL as next bearish target but we need more confirmation ⏳🙌 We can see opportunity from 2050-2060
Monthy chart for Gold $/oz is indicating a cup and handle formation and a bull flag. price prediction is $2600-$2700/oz.
We looking for selling opportunities as the market is on a uptrending resistance creating confirmation of sells
Welcome to the Friends Trading Floor, Here, I'll share my key support levels with XAUUSD for the upcoming trading days. and this prediction starts on the coming new trading day (04.04.2024). Below are the key support levels based on the 1-hour time frame. and HTF candlesticks should respond to these levels. If the price disrespects those levels, we will try to...
XAU/USD is the label for spot gold traded on the foreign exchange market. Gold (XAU) is traded against the US dollar (USD), and its price represents the cost of one ounce of gold in USD. XAU/USD is traded on the forex marketplace like any traditional currency pair.
We are in a buyers market on the higher TF, so we are sitting on the sidelines until we see price create liquidity. Afterwards, we're entering upon first sign of bullish activity which i expect to happen around the highlighted area. That's roughly the 38.2 PRZ, and would be the completion of wave 4. Onward to the extended wave 5. Thank you very much for tuning...
🚀 The price of gold is surging past the $2000 resistance with decisive strength, reflecting solid buyer conviction. #XAUUSD typically exhibits a two-legged movement pattern. With the major leg on the weekly chart and minor leg on the daily chart now well-established, we're setting our sights on an ambitious $2300 target. 🎯 This bullish momentum is not merely a...
Dear Trader, i excpet price from 2042 will start correction to 2206-2207 and then try to retest HH to 2250 Area ! dont Forget Like&Comment please ! Regards, Alireza!
After the price is touch the trendline. The price should start to be BEARISH all the way down. As my humble opinion, this week have NEWS on USD which USD will make a aggrasive move. All the currency should be ready anything can happened soon. If the price not gonna make a BEARISH trend , it will go higher to 2400++ . after that its start to be BEARISH . Stay safe...
A symmetrical triangle is a geometric formation found in technical analysis, often appearing during periods of market consolidation. It's characterized by converging trendlines, typically drawn by connecting a series of lower highs and higher lows. This pattern reflects a balance between buyers and sellers, signaling indecision in the market regarding the future...
So far, S&P 500 is playing out the way it should. Wave 3 of 3 of 3 should be nearly complete. It can top out here or can hit 5400- 5450 before the minute wave 4 correction. End of April and early May should see the minor degree wave 4 correction that could bring a decent 5% to 7% downturn. But, the big one could be in the bottom half of the year. depending on...
Going over the weekly Price Action ES and what are plan is going into the 1st week of April with NFP on this upcoming Friday.