What i expect from Gold to act, this is only a idea with no confirmation yet, but let's see how PA act
Not sure if this is proper, but it's seems good on 4H channel
For the upcoming week, the key resistance and support levels for XAU/USD (gold) are as follows: Resistance Levels: 1. $2,668 to $2,674 : This zone represents immediate resistance, and a sustained move above this could signal further upside potential . 2. $2,680 : If gold breaks through the initial resistance, this is the next key level to watch . Support...
This is the best movement according to channel and latest development, for some unknown reasons gold is pumping and refusing to go down, but time will come and time will tell.
Descending Triangle, if it plays out this might go 100$ movement we're waiting for
Is Gold ready for an all time high again? Price on monthly remain overbought and this raging channel need to break soon!
Is this the start of a bearish market? Not sure yet but weekly chart and 4H Chart support it!
Gold seems solid and following the trend, but still alot of news ahead!
We've seen a failure to go up on smaller channel, but it was mean't for that since the RSI wasn't filled. Now we see a different stage where RSI shows the price overbought but still a risky market upfront of all fundamental news.
This is the best possible way of movement of Gold for coming week! We've seen a ATH price the last week and we've seen the price reached overbought RSI above 70.00 and we can assume Gold will fall
This is one small possibility Gold will continue to go higher, but according to RSI price is overbought on 1H and will start to downfall, so this idea is not fully correct. But since we're in 'untouched water' like never before at ATH we can assume this one too.
Stil undecided, but this can go downside further! still not confirmed but take your trades easy guys!
Gold in ascending Tirangle, very soon to decide for a huge drop or up!
2,400 zone is possible after that channel broke! We'll see how it reacts on monday for the coming week!
Trend is your friend! What happens when there's two trends going against? I think Gold is overbought in Monthly chart due to wars etc, but still might go down!
Xauusd broke the structure last week under 2,390 and now retested it again! The correction is over but there is still room for downfall! As long as Gold stays under 2,412 gold is in Bearish side!
Gold will reach 2,345 at least tomorrow or Asia Tonight gonna sell it again! It's following channel for the whole day!
Rejection at 2,500 mean it might go back down but long-term it's as precious as Gold is!