gold 1 hour say: 3angel pattern + sell pinbar on daily chart still I have sellstop in low sl=1920,,, if low break I will hold it 7 day minimum to 1877 so don't close sell soon
AC indicator on daily is red mean down trend can start ( if high not break)
let see gold futures daily chart candela and COT data (big banks net open order)
good luck ,,,100% put SL ,news not in my hand , pro traders eat 80% SL but TP is very big
D-GC
Gold 4hour : we are waiting for sell pinbar in 1895 I eat SL ,,,,strongly I belive we are in highest high and sell but for pick sell like always wait sell verfy come = pinbar on higher timeframe or last trendline break in 15min chart , understand?
why gold going up = many new traders margin all and pick hedge buy ( short squeeze)
Do you remember my weekly analyze I predict 2400$ for gold? so be careful from sell and 100% use lfix ow size and SL on high
let wait for sell verfy come
if you have old sell against my analyze you must wait close or hedge in 1877 (On gold never close hedge buys first)
www.tradingview.com
good luck
Gold is up more than 4% YTDSince our previous idea, gold bounced higher, breaking the $1 900 price tag. Currently, XAUUSD trades near $1 908, bringing it up more than 4% year to date. We continue to be highly bullish on this asset in the long term. However, we are still worried that stock and cryptocurrency markets are also rising tremendously; based on the information available, we believe this is yet another bear market rally (in stocks and cryptocurrencies), which will turn out to be unsustainable in the end, potentially weighing on gold later on. Therefore, we would like to remind the audience that gold’s moves up tend to be quick and large (percentage-wise), though this also applies to the occasion when gold’s price drops. At the moment, the price starts to deviate too far from its 20-day SMA and 50-day SMA, making a good case for the retracement toward these moving averages (sooner or later). Therefore, we voice a word of caution and will pay close attention to the volume; to further support the bullish case, we want to see further build-up in volume, accompanying price rise.
Illustration 1.01
Yesterday, gold temporarily broke above the $1900 price tag, increasing over 4% since the start of the new year.
Technical analysis
Daily = Very bullish
Weekly = Bullish
Illustration 1.02
Illustration 1.02 shows the daily chart of XAUUSD and simple support/resistance levels. To further support the bullish case for gold, we would like it to break above the resistance level at $1 919.98.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
gold 15 min say = when greenline break or pinbar come pick sellas i predict in low ,gold reach 1895 (fibo 61% daily)
for now wait pinbar come on 1h-4h-daily chart or in 15min chart last trendline break (green line) pick sell and hold it min 1 week ok? like always sl=high or pinbar high
if high break next target is 1920
wish you win
gold 1hour : 2 scenario on gold as say yesterday on daily chart AC accelerator oscillator indicator turn red and push gold down ,,, 60% up scenario will happen...40% break low and go to fibo 61% 1848
now we can put sellstop in today low (SL last high) and waiting for sell near 1895 when Pinbar come... if 1895=pinbar come pick sell and hold it 2 week
if you have buy,,,dont fear and dont close soon ...on gold up trend mini crash is normal so wait 3-4 day for 1895 and put sl in low 1865
STRONGLY ADVICE USE VERY VEY LOW SIZE AND SL specialy for sells,,,,if you cant trade with SL and low size 100% you will margincall and 0.00,,,,you must control your mind stop trade on real money and back to demo and work on them ,,,,low size and low levrage (max 1-20) and eat SL is base of this game
Gold 1 hour technical say: it can go up because today gold was range led by trendline in gold futures ,let see AC indicator too
for coming hour if gold break last high,can go to 1895(daily chart fibo 61%) we must looking for sell after sell pinbar come in 1h or 4h or daily ,ok? dont close that diamond sell soon ,try hold mitmnium 1 week to near 1808
Goodluck my friend ,,,,,if you have big loss sell or hedge orders and eed help you an contact e in teleram ,,, i can help you close all positions
www.tradingview.com
gold 4hour:for sell we are waiting 1894 and pinbaras i predict in pervious analyze gold going to fibo 61% (daily chart) then new down trend can start with target 1808 support or 1770 trend line
dont pick sell soon,wait PINBAR COMES ON 1HOUR OR 4OUR OR DAILY CHART COMEOK? then pick low size sell with sl on Pinbar high,,,,then dont close sell soon wait near 1 week
priceaction.com
keep watching AC indicator on daily chart too
ALERT= TECHNICAL ON DAILY CHART SAY GOLD CAN GO TO 2350 area
good luck my friends ...i want you win so dont use leverage above 1-20 ...this game secret is low size and SL and wait too much on + i profite positions and dont close soon
Gold daily chart say : fibo 61% 1895 is upper target see AC indicator going to full g and can turn red and down tend can start
put buystop on high is good idea but very low size and with sl
near fibo61% under that 2 red arrow i will looking for sell but after PINBAR comes on 1h-4h-daily chart ,i will sell ok? 100% put sl on pinbar high always (trends up and gold is super trendy can go to 2350-24000)
i have buy from 1730 from 30 days ago willl close them i 1895 , then sell i will hold my sell 2 week until near 1800 area
ALERT=break 1925 support can fly up to 2350 (fibo 161%)
if you have old sells put buystop on friday high ,break last high is new buy signal
wish you win , stand on very very low size ,big size= loss in this game
GOLD on par to $1,935The analysis is still looking strong from the last time we did one on Gold
Cup and Handle is still in play and 7 > 21 >200 MA
Target $1,935
BULLISH!
The rally in the gold market this week comes amid the shaky global stocks markets and worries about rising Covid infections in China continuing to crimp the world's second-largest economy. The key outside markets today see the U.S. dollar index lower.
Are you bullish or bearish?
Trade well, live free
Timon
MATI Trader (Since 2003).
Gold to shine in 2023?After beating Bitcoin in 2022, many investors wonder whether 2023 is the time for gold to shine. Last year, central banks accumulated 663 tonnes of physical gold in the first three quarters, making it one of the biggest buying sprees among central bankers (even with no data available for Q4 yet). Overall, the gold market experienced a relatively good year compared to the rest of the market, which saw significant declines across the board. Furthermore, the stock market's uncertainty and the prospect of a recession in 2023 helped to drive gold demand substantially higher from the preceding year (2021).
As a result, we continue to be bullish on gold. However, we are worried that if the stock market starts selling again, it might put a temporary lid on the price of XAUUSD. In addition to that, large holdings by central banks give them the firepower needed to dampen price increases if necessary. Due to that, we will stay cautious and observe market developments very closely in the coming months. We will be vigilant around FOMC meetings which are planned for the following dates in 2023:
January 31 - February 1
March 21 - March 22*
May 2 - May 3
June 13 - June 14*
July 25 - July 26
September 19 - September 20*
October 31 - November 1
December 12 - December 13*
(*monetary policy decision)
Illustration 1.01
Interestingly, in November 2022, gold returned to the wide range that it constituted in 2021 (and stayed within for the most part of that same year). Then today, it broke above it, which is bullish. We will watch the gold’s ability to hold above the range's upper bound. If gold manages to hold above this level, it will bolster the bullish case for it.
Technical analysis
Daily = Neutral/Slightly bullish
Weekly = Bullish
Illustration 1.02
Illustration 1.02 shows the daily chart of gold’s RSI. To further support a bullish thesis, we would like to see the RSI resume a rise and break above 70 points.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
Updated GC gold target There is so much bullish about this chart. Triple bottom, Some consolidation after a very rudimentary cup&handle and now sits above the ichimoku cloud. I am now setting a near term target of 1902 on 1/27/23 as it rides up the Gann channel. This will be above 2000 before year end.
New ascending trend line with price trading ABOVEGold continues to trade in consolidation between 1790 support region and 1820 resistance region.
Short term ascending trend was formed at the consolidation period. Breakout confirmation will likely indicate the next direction of Gold.
A breakout of the 1790 support region can potentially push price towards 1747 while a breakout of the 1820 resistance region can potentially push price towards 1850 region.
Gold beats SPX, NAS100, DJIA, and Bitcoin in 2022Despite seven interest rate hikes in 2022, gold is down only about 1% for the year. That shows the strong resilience of gold against a backdrop of the slowing economy, cryptocurrency bear market, and still relatively strong U.S. dollar. In fact, gold has outperformed the Standard & Poor 500 index, Nasdaq 100 index, Dow Jones Industrial Average, and Bitcoin.
Performance (year to date)
Gold (YTD) = -1.1%
DJIA (YTD) = -9.8%
SPX (YTD) = -20%
NDX (YTD) = -32.3%
Bitcoin (YTD) = -63.6%
Illustration 1.01
Illustration 1.01 shows the daily chart of XAUUSD. Yellow arrows indicate particular FED rate hikes throughout the year.
In 2022, gold has seen record demand from central banks, amounting to 663 tonnes in the first three quarters. Interestingly, buying from these institutions shows a growing trend in the first nine months of 2022.
Accumulation by central banks
The first quarter = 84 tonnes.
The second quarter = 180 tonnes.
The third quarter = 399 tonnes.
However, investment demand for gold declined 47% year over year in the third quarter of 2022. Despite that, in 3Q22 retail investors continued to make bullion purchases, boosting retail demand 36% higher from the third quarter of 2021. Meanwhile, during that same time, jewelry demand returned to its pre-pandemic levels, showing growth of 10% year over year.
As for our stance on gold, we continue to be bullish in the long term. Although we are worried that if the stock market selloff continues, it might put a temporary lid on the price of gold. Indeed, it might get hammered down with the rest of the market, just like on previous occasions. Therefore, we are very cautious until we see signs of decoupling between the two.
Technical analysis
Daily = Neutral/Slightly bullish
Weekly = Bullish
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
GOLD Weekly Volatility Analysis 12-16 Dec 2022 GOLD Weekly Volatility Analysis 12-16 Dec 2022
We can see that currently the implied volatility for this week is around 2.14%, down from 2.18% from last week according to DVOL data
With this in mind, currently from ATR point of view we are located in the 2nd percentile,
while according to GVZ, we are on 4th percentile.
Based on this, we can expect that the current weekly candles ( from open to close ) are going to between:
Bullish: 1.677% movement
Bearish: 1.694% movement
At the same time, with this data, we can make a top/bot channel which is going to contain inside the movement of this asset,
meaning that there is a 22.3% that our close of the weekly candle of this asset is going to be either above/below the next channel:
TOP: 1836
BOT: 1758
Taking into consideration the previous weekly high/low, currently for this candle there is :
30% probability we are going to touch previous high 1810
67% probability we are going to touch previous low 1766
Lastly, from the technical analysis point of view, currently from
Weekly timeframe indicates 50% BULLISH trend from the moving averages index
Daily timeframe indicates 64% BULLISH trend from the moving averages index
4H timeframe indicates 27% BULLISH trend from the moving averages index
Silver Breaking Out (upward). Gold/Platinum should followGold/Silver bugs - are you ready for what a lot of us have been saying for the past 5+ years. The base/bottom in metals back in 2015 was the critical base for the next big move. This upward price swing should be the next accumulation phase which will drive a speculative phase in about 3~4+ years.
That speculative phase will be MASSIVE (should happen near 2027~2029).
You gotta love when the world sits and waits for metals to move - then ignores the 40% rally in metals/miners in the early phase - right?
Here we go.
Gold 1hour : gold futures new contract open up check GC1! open near 1755 so gold cfd and futures must match in coming days
On China bad news , people protest in Shanghai , index like Dax and gold push down now gold reach Fino 61% and have buy with sl in low
We must pick buy above green arrow and hold them 3-4 dy to high,,,,still my upper target is 1840
Good luck 100% put SL in last low,high,,,,news not in our hand
gold 1hour say : 2 scenario on gold we can see 3angel ,so put low size buystop,sellstop is good idea
upper target is fibo161 :1824
downer target is fibo61: 1680
AC indicator daily is green ,if last low 1725 not break we will see +up trend in coming hours ,if low break signal will switc to sell
let wait and see witch way will happened
near arrow we can pick order but wait pinbar come in 1h-4h-daily chart then pick order
note: COT data in bottom is for gold futures, net open order by big banks
gold mothly say : it like go up and 50% pullback 1-from gold weekly and monthly chart we can see gold main trend is +up ,it love buy and up trend ,,, when it 500point go down then 1000point go up
2-when analyse fibo we can see in high time frame like weekly and monthly chart ,when it fly up pull back to fibo 50%, see green arrow exactly
3-AC accelerator oscillator indicator in monthly chart turn green this show if low not break big +up trend will come can go to 1900 then to 2400 , FIBO 161 SHOW 2400 FOR UPPER TARGET
4-on gold chart 1920 support is king of supports !!!! in future months we will see 1920 support too much
strongly we advice 90% looking for buy and be careful from sell, always put SL on high ,break high on gold mean +up trend will start
good luck
gold 1hour : when pinbar comes pick buy to 1820+ trade secret as predict in pervios analyse gold touch EMA200 daily and little pullback to support true?
frist let see gold futures daily candel and COT data and AC indicator : accelator occilator crated by bill willams show stochastic 7.4.4 movment
if you dont have buy from low with me , when pinbar comes on 1h-4h-daily chart or high 1761 break pick buy Sl : pinbar low
target: fibo 161 show target1: 1820 dont open big size and dont close your buy soon wait 4-5 day
secret of stable win trade :
1- new traders cant stand on +profit posations but they wait too much on loss posations....pro trader are reverse of this, they hold +posation too much min 3 day ,,, exit bad,loss pos soon with SL in last low/high
2- i use leverage max 1-20 , high leverage =high size =loss all please reduce your levrage and size... instead increase your wait time
3- per 10k balance on account my size is 0.1 lot ,for 20k account lot must be max 0.2 ok? above this you will marginal soon or late
wish you win
Gold is at resistance. Is it time to short?Hello everyone! As Pelosi is going to Taiwan, things could get ugly between China and the US, sending gold higher. However, gold is currently at key resistance, and the quadruple/quintuple bottom lower will most likely break. For a while, I've mentioned how I believe gold will go to 1650 and potentially down to 1300 before it bottoms. There are many different forces at play here, and although I think gold will go higher in the long term, it looks like it will be headed lower in the short time. Therefore my first target is the 1640 support of the Yearly S2 pivot; without that meaning, I'd want to go long there. I'd only want to go long if the price reclaims the broken quadruple bottom and bet on a short-term bounce.