Hey Everyone, This is our monthly chart long term projection chart. We have been tracking this chart since July 2023, which we saw completed hitting all our targets perfectly with a perfect finish on the channel top. We then tracked the rejection from the channel top into the monthly chart detachment highlighted by the circle with room still left at 1987 for a...
My dear friends, Please, find my technical outlook for GOLD below: The price is coiling around a solid key level - 1990.5 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 2014.6 Safe Stop Loss - 1978.3 About Used Indicators: The...
In next coming Im looking bullish momentum on GOLD. As per the technical analysis GOLD took support from the Demand zone which is perfect to rise it.
📊Analysis of gold in the medium term time frame Elliott wave analysis style Due to the breaking of the bottom of the triangle, the market entered a new wave of decline And in the short term, the market is pulling back to the broken level The main range is 2005 to 2010 dollars Above this range, the trend can rise towards 2024 and by crossing this number, it will go...
HELLO TRADERS! GOLD is now trading in down trend and dollar is showing some strength as we can see Higer CPI and PPI with good Job Data outcome in previous week will makes Dollar more Strong incoming days so we have to plan that bearish trend will continue to Gold trading Friends its very simple view on chart that Gold is respecting the down trend line and in...
**Monthly Chart** XAUUSD long-term bias is still high. Last month's candle closed as a bearish candle. However, it has a long wick on the downside. This confirms a continued move to the upside. XAUUSD looks bullish to me until it breaks 2000 level and below. While I am still looking for buying opportunity. **Weekly Chart** Last week XAUUSD started moving lower...
Gold is recovering after a strong bearish movement. The price is currently testing an expanding supply area. I believe that we will see a bearish movement soon. The first goal for the sellers will be a retest of a local low 1992. The second target will be 1980 major support. ❤️Please, support my work with like, thank you!❤️
We'd have to see a straight sell from here. Could this mean that this is the low of the year, drawing in sellers and faking the sell? Could this possibly be the last sell before the all time high buy... It looks likely that we are going for october lows (fvg) which is not far off 2023 lows in general... Undecided but on paper looks good, I could be wrong and...
In our last analysis, we identified that we were in a major correction and that we were in the final wave of the correction. We called for shorts mid December and price went on to make a massive move lower. We have now another opportunity to enter shorts for the final time. Where we have the arrows marked out, we can see a really interesting fractal. In July...
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✅GOLD is retesting a key resistance level of 2016.5$ So I think that the price will make a pullback And go down to retest the demand level below at 2007$ SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello traders, I want share with you my opinion about Gold. Looking at the chart, we can see how the price some days ago started to rise near the support line to the resistance level, which coincided with the seller zone. When the price reached this level, Gold broke it soon and then rose to the resistance line, but after this, the price turned around and made a...
My dear subscribers, This is my opinion on the GOLD next move: The instrument tests an important psychological level 1997.8 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 2004.0 About Used Indicators: On the subsequent day,...
The recent price action on the GOLD pair was keeping me on the fence, however, my bias is slowly but surely changing into the bearish one and I think we will see the price go down. ❤️ Please, support our work with like & comment! ❤️
XAU/USD - xau/usd have imb and lq above it - the price can go grab the IMB and LQ which are above - If the price mitigate supply zone please don't enter a trade without confirmation
i am currently looking for buy opportunity on XAUUSD till 2070
The price of Western Texas Intermediate crude oil, the benchmark for US oil, was around $77.50 on Friday. WTI prices rose after weaker-than-expected US retail sales data, fueling hopes that the Federal Reserve will soon begin cutting interest rates in the coming months. The conflict in Gaza between Israel and Palestinian Hamas has yet to see a resolution or...
The EUR/USD exchange rate showed a recovery above 1.0750, after touching a daily low near 1.0730 during the American session. This movement was influenced by data from the United States, which indicated an increase in producer inflation in January, higher than expected, and a marginal improvement in consumer confidence in early February. Nevertheless, the EUR/USD...