Price action analysis for Gold. Key levels & potential scenarios. Trading recommendations. Trading plan explained. ❤️Please, support this video with like and comment!❤️
Currently, gold has returned to the downward trend after Friday's plunge. As long as the trend does not change, then a rebound is a good sell opportunity. After the sharp drop on Friday, the gold trend will definitely be adjusted, so we can buy low and sell high in the range of 2315-2285. Now we should not rush to enter, wait for the rebound to the previous low...
Gold (XAUUSD) delivered our expected pump and dump move following the higher than expected Nonfarm Payrolls (NFP) on Friday: It almost hit our 2280 Target, so we recommend taking the handsome profits as there is high probability of a rebound towards 2360 and another dump. We are willing to re-sell there and target 2280 or if the 2277.50 Support breaks (candle...
Here is my latest structure analysis and important key levels to watch on GOLD next week. Resistance 1: 2315 - 2327 area Resistance 2: 2375 - 2387 area Resistance 3: 2426 - 2450 area Support 1: 2265 - 2286 area Support 1 and Resistance 3 compose a wide horizontal range on a daily. Consider the underlined areas for pullback/breakout trading next week. ...
In M15 timeframe, XAUUSD Gold looks like sell from 2315 area and our second sell limit is around 2321 area. good luck
Gold has managed to break the Support zone($2,337-$2,318) and 50_SMA(Daily) . According to Elliott's wave theory , Gold is completing its next 5 downtrend waves . It is possible to form a Descending Channel , Gold can react to the lower line of the descending channel. I expect Gold to continue falling to the next Support zone($2,272-$2,248) . Gold...
Gold broke and closed above a resistance line of a narrow accumulation range on a daily. Such a violation indicates the strength of the buyers and a highly probable bullish continuation. Next resistance - 2403 ❤️Please, support my work with like, thank you!❤️
I am expecting buy move in up coming move till 2355, or price can be up from the same level
I am Expecting Bullish Move now in XAUUSD M15 in today ADP news
Daily/4h time frames analysis on Gold. Price action and important key levels. Potential scenarios. Trading recommendations. ❤️Please, support my work with like, thank you!❤️
Gold (XAUUSD) broke below the 1D MA50 (red trend-line) and is forming today the first 4H Death Cross since January 12. As we mentioned on our previous analysis, we expect the yellow metal to trade sideways on the medium-term and that involves the price testing the May 03 Low on a potential contact with the 1D MA100 (green trend-line). This will be a mirror trade...
In my written and video comments from last week, I mentioned that I expected gold to drop in a new downward leg and indicated the 2350-2360 range as the sell zone. Indeed, after touching this zone twice, the price dropped and closed the week near the 2325 support level. This week's opening saw a drop below this support, and at the time of writing, gold is...
After the release of encouraging US economic data recently, Gold prices are showing signs of stabilization following consecutive days of losses triggered by the hawkish tone in the Fed Meeting Minute. FOMC Minutes revealed that Fed officials are uncertain about the level of policy restrictiveness and anticipate a prolonged wait before gaining confidence in...
Here is my latest structure analysis and important key levels to focus on and trade on Gold. Support 1: 2322 - 2328 area Support 2: 2303 - 2308 area Support 3: 2266 - 2286 area Resistance 1: 2361 - 2364 area Resistance 2: 2426 - 2450 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
The provided chart is a daily candlestick chart for Gold Spot (XAU/USD) on OANDA. Here’s a detailed analysis and summary of the chart: Timeframe and Data: - Timeframe: Daily (1D) - Data Range: From early March 2024 to late May 2024 Price Analysis: - Current Price: $2,355.55 - Price Movement: The price has shown an overall uptrend from March to mid-May 2024,...
Here is my latest structure analysis and important key levels to focus on and trade on Gold next week. Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
In this educational video, we delve into the recent surge in gold prices. There has been a notable uptick in gold prices, with XAU/USD recently surpassing the $2,400 mark, for the first time in almost a month. This surge in gold prices has piqued the interest of traders and investors, prompting speculation about the underlying factors driving this upward...
Gold (XAUUSD) is seeing strong selling this week following Monday's High, which was also an All Time High (ATH). The rejection took place very close to the Higher Highs trend-line that started back in early 2023. So far this is just a technical pull-back to test the 1D MA50 (blue trend-line) for the first time since February 29, and not a stronger correction....