#XAUUSD The Federal Reserve ignited the market buying sentiment, and gold opened and rose to 2222 today. Gold moved below to 2192-2195-2197 multiple times. The top touched 2210-2212 many times. The current golden range is 2180-2122. This trading range is very wide Except for the current false breakthrough price of 2222. and the untouched support level below...
Technical analysis: My #2,152.80 pivot point held as Gold remains under heavy Buying towards #2,220.80 Resistance, way above record High's fractal upon Fed release and didn't rebounded immediately to close the Daily chart’s candle back inside Bullish Flag. This maintains overall Bullish trend with outside forces (difficult to find viable explanation) keeping...
Technical analysis: My #2,152.80 pivot point held as Gold remains under heavy Buying towards #2,220.80 Resistance, way above record High's fractal upon Fed release and didn't rebounded immediately to close the Daily chart’s candle back inside Bullish Flag. This maintains overall Bullish trend with outside forces (difficult to find viable explanation) keeping...
Amidst the choppy waters of economic uncertainty, gold continues to stand firm as a beacon of stability and value. Its enduring allure transcends market fluctuations, offering investors a safe haven in times of turbulence. As global tensions rise and fall, gold remains a symbol of resilience, reassuring investors with its intrinsic worth. In the ever-changing...
Gold, with its timeless allure, remains a symbol of wealth, prestige, and stability in the world of finance. Its significance spans civilizations and centuries, captivating humanity with its inherent beauty and rarity. At its essence, gold represents more than just a precious metal; it embodies a universal standard of value and a tangible form of wealth. From...
By examining the gold chart in the daily time frame, we can see that the price could not fall to lower levels after falling to $2146, and Jerome Powell, the head of the Federal Reserve, indicated a possible reduction in interest rates by the end of 2024 by three quarters of percent contingent on further economic data! After this speech, we saw the strong growth of...
A strong end to Q4 Window dressing by fund managers who were underweight equities would trigger a cup handle pattern breaking the trendline of the pattern is around 4600 on the #ES I could also make an argument for HVF pattern we have a high 3 in place A recession will no doubt rear it's head at some point ... but a blow off top first to hand bears a...
As you can see, gold continued to fall as we expected and is currently trading in the range of $2151! We will probably soon see the price reach levels below $2144! Based on the previous analysis, the next targets are $2128, $2117 and $2058 respectively! Please support me with your likes and comments to motivate me to share more analysis with you and share your...
H4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Gold continues it's bullish run following the Fed's dovish outlook on interest rates. Price has printed an iBOS where we are currently trading within a fractal high and internal low. Relative to recent price action of the swing range, I have readjusted bullish BOS to bullish iBOS. Intraday...
If we close green in the this 15m will go for long target 1:3 Candle need to close above 2210 for me to go in Stay Safe and Happy trading
Gold, the age-old symbol of wealth and prosperity, continues to captivate hearts and minds across the globe. Its enduring allure transcends time and borders, weaving through the tapestry of human history with an unmatched elegance and mystique. At its core, gold represents more than just a precious metal; it embodies a timeless store of value, cherished by...
Going over the price action REview Overnight ES looking for clues and trying to listen to what the market is telling us.
Expecting a large downside to unwind and target 5120 level or below. which is a good liquidity pool resting downward and we have seen a nice market structure shift after taking out the buyside liquidity
Two weeks ago (March 07 2024, see chart below) we explored the possibility of Gold (XAUUSD) starting a new cyclical Mega Rally on the 1W time-frame after the recent bounce on the 1W MA50 (blue trend-line): This has turned out to be the reality as Gold closed a 1W candle above the Resistance Zone. That is the first signal of the start of the new Mega Cycle and...
Trading Plan for Thursday, March 21st, 2024 Market Sentiment: Cautious, price discovery after breakout Weekly Volatility Risk: High (potentially elevated due to price discovery post-breakout) Supports to Watch: Immediate Supports: 5275-80 (major), 5266-68, 5260, 5251 (major), 5246, 5236, 5231, 5221-26 (major), 5217, 5212 (major), 5200-02 (major), 5196,...
traders Gold price is ready to fly My dear subscribers My technical analysis is for Gold is fly The price is coming around a solid key Level 2206 Gold buy from 2206_2200 Target zone. 2261 Bis_ Bullish Technical indicators Pivot point low anticipates a potential price reversal Super trend shows a clear buy giving a Perfect indicators convergence...
Once there is momentum in a market - you can rest assured I'd be lurking lol When I saw gold return with its bullish momentum after all that consolidation, I was like helllssss naahh. I can't leave that alone Thank god I didn't the trade right now is floating at just about 1:3.25 Gold is currently consolidating again either for it's next big push up or to drop...
S&P 500 (ES), it's nice to see a strong buying reaction at the price of 5244.00. There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again. The S/R zone from...