Gold continues to align with the imbalance liquidation between $2620 and $2580. The recent prominent support at $2605 is under pressure; if it fails to hold, further sweeps around $2619 could occur. The bearish momentum remains intact, aiming to secure weekly demands below the $2600 level.yall should stay cautious, hedge along, and prepare for potential...
Gold is responding to weekly and subduing demands at the $2640s, setting the stage for a potential sweep toward the $2660–$2675 range. This movement aligns with bullish attempts to capitalize on supply zones for continuation or reversal opportunities. follow for more insights , comment and boost idea
Gold continues to align with the imbalance liquidation between $2620 and $2580. The recent prominent support at $2605 is under pressure; if it fails to hold, further sweeps around $2619 could occur. The bearish momentum remains intact, aiming to secure weekly demands below the $2600 level. yall should stay cautious, hedge along with AK , and prepare for potential...
The gold market has established renewed bullish momentum, with prices now likely to reach the $2700 level. This zone is anticipated to be a pivotal hedge point, potentially setting the stage for further moves as market sentiment aligns with bullish trends.
Gold remains bullish within its trend despite operating under a bearish channel sentiment. As the year nears its end, the market appears to be completing its cycle, with the yearly candle formation suggesting a retracement before resuming its bullish move. The $2580 level is expected to be tested as part of this retracement, aligning with Akcapitals' analysis....
The gold market is in a weekly pullback phase, aiming to seek supply at the $2690 level. This follows last week's significant selling pressure. If the supply at $2690 fails to yield, a breakout toward $2705 could occur. However, if the breakout does not materialize, a substantial drop in gold prices may follow, especially as the DXY remains bullish and firm....
Gold prices have responded to the sub-demand order block at $2606, maintaining movement within a bearish channel. The market is now seeking to mitigate supplies around the $2660 (180-270 pips )level, which could define the next critical resistance zone and potential market reaction. follow , boost, and comment for more insights .......Akcapitals💫
Gold remains firm after breaking out of a bearish channel at $2643. The market is poised to complete a bullish wedge, signaling a confluence for continued upward momentum to mitigate the $2790s. For the upcoming weekly session, the candle formation is expected to open around $2714, with potential sweeps towards $2690 through $2680. If these sweeps do not...
Following the move to $2649, the daily candle formation is now seeking demand within the $2636 to $2643 range. This zone could provide the necessary support to reignite bullish momentum, setting the stage for a continued upward move.... follow for more insight, comment, and boost idea .
Gold has surged to $2630, with momentum building towards a potential sweep up to the first daily supply point of interest (POI) at $2649. This level marks a critical resistance zone where the market may see further reactions or consolidation.follow for more insight, comment and boost idea .. Akcapitals💫
Gold is hovering around the $2580 level, with market sentiment signaling a possible channel break. closely monitoring for a shift in momentum as the market sets the stage for the next directional move, hedging opportunities remain aligned with ongoing trends.stay tuned , active, and follow for more insight , comment ,and boost idea..... Thanks💫
The DXY market is reacting to supply levels between 106 and 105, A potential retest of the breakout zone within the prevailing trend. This movement may may incurr hedges for the next insights... sit tight folks, comment, and boost idea.Follow for more insights
A bullish reversal is underway in the gold market, with price action now targeting the $2590s for mitigation. This level may serve as a key support zone, potentially driving further upward momentum as the reversal takes hold.
As supply pressure continues, gold has swept into a major daily zone and is poised for further movement. Desolation sets in as the market is expected to clear out the $2618 level before initiating the next hedge, setting the stage for a potential strategic pivot. sit tight as you hedge along with Akcapitals , comment , follow , and boost idea ,. THANKS
Gold is currently mitigating between $2619 and $2627, supporting a continuation of supply as the DXY market remains firm. This level may reinforce bearish pressure, with potential for further downside unless demand strengthens significantly. ... follow for more insights ... comment , like and boost idea
The gold market's daily supply continues its downward movement, seeking stronger demand at $2626, a key monthly demand candle formation zone. This level is likely to provide significant support Follow Akcapitals so as to hedge alongside the gold market.
After hitting the mitigation level at $2660, the gold market is anticipated to experience a pullback, likely lasting until the close of the Asian session. This retracement could set the stage for potential entry points as the market consolidates and prepares for its next move. boost idea , comment , and follow for more insights
Following structural supply mitigation around $2640 in response to the recent U.S. presidential election, gold prices are pushing towards the supply level in the $2690s. As the DXY strengthens, gold's upward momentum is expected to yield to further supply. Looking into the new week, there’s anticipation of an imbalance at the $2720 zone being addressed, while the...