I do believe gold is going to continue to buy. As much as I know traders are interested in selling at the high, I don't think it is that probable to take that trade and the more you think of every trade in terms of probability, it saves you from taking some really shit trades, honestly. Would you take a bet that you are either A. unsure you can win or B. know...
GOLD is moving upward unstoppable. just a glimpse on the chart shows the price is going higher and higher. by looking at the gold chart we can easily identify the Rising wedge pattern. So are we going to sell gold? no. not right now, we need confirmation. For now, we will stay out and watch. Our technical view has been shown in the chart. If you like it then...
hi, The bulls are in charge until Thursday! Get ready for a strong correction This is just an idea Be careful!
Hello traders, I want share with you my opinion about Gold. Observing the chart, we can see that the price some days ago entered to upward channel, where in a short time rose to the support level, which coincided with the buyer zone and broke it. After this movement, the price reached the current support level and broke it too, thereby exiting from the upward...
Gold Futures Hit New Record on Rate-Cut Speculation and Central Bank Demand Rising expectations that the U.S. Federal Reserve will ease monetary policy have driven gold prices to new highs. Prospects of rate cuts and expanded quantitative easing have boosted safe-haven demand for gold, while a weaker U.S. dollar has increased its appeal to both domestic and...
Gold will at least triple its price in the following years! I hope you're as ready for a historical bull run as I am. On the chart, we can see an ascending parallel channel with 6 touches. Last week, GOLD made a pretty significant pullback, almost to the middle of the parallel channel. I have been trading for almost 8 years, and I can tell you with a high level of...
I am pretty confident that GOLD will rise by +300% in price in only 3 years! Is gold a better investment than Bitcoin at this moment? Should you sell BTC and buy GOLD? Definitely yes, and I will tell you why! Gold was in a sideways consolidation period from 2011 to 2024. And this year, in March 2024, the price finally made a strong breakout bullish candle on the...
Textbook Cup & Handle pattern (yellow) is in progress. The target for this pattern is located at the depth of the "Cup" added to the breakout point. So, the gold futures price eyes $3,000.
If you haven`t bought Gold before the previous breakout: Now I am optimistic that GOLD is on the cusp of reaching a new all-time high, with a target of $2,800 by year's end, driven by a significant breakout. The bullish sentiment is clearly reflected in the options chain for major gold miners! Provided that gold maintains its position above the crucial support...
Our gold chart this week shows that price action is moving to the upside, as we expected. We reached our high time frame target from last week, which was a new all-time high for gold. We’re now looking for price action to create significant liquidity to the upside to push for another all-time high. If a pullback occurs and price moves lower, we will begin focusing...
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Recently price rising near support line and when it reached $2474 points, it made downward impulse. Gold broke support line and then $2415 level too, but also price entered to wedge, where it fell firstly to support line. After this, price bounced and rose to...
Hi folks today I'm prepared for you Gold analytics. Some time ago price declined to the trend line and at once rebounded and quickly rose to support 2, which coincided with the support zone. Soon, XAU broke this level and then made impulse up to support 1, which coincided with one more support zone, but when it entered to this area, it at once turned around and...
Since the 1st of April 2024, TVC:GOLD has formed a clear bullish channel with a highly probable eventful price action week to the few hours after FED Chairman Powell's speech on Friday. I believe a suggestion of an emergency FED rate cut outside schedule propels TVC:GOLD to between $2,525 and $2,540. This of course is dependent on the size of retracement in...
Hi, Bears will dominate the beginning of the week Situational bearish bat targets a new buying situation, as the trend is still for strong buying. Be careful! This is just an idea!
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Some time ago price entered to rising channel, where it at once fell almost to support line and then continued to grow. In a short time price reached $2355 level, broke it, and continued to move up to resistance line of channel. Then price left this channel, made...
#XAUUSD 1W chart; It's time for Gold to take a breather after setting a historic record. It would not be a surprise to see a 10% decline after a further rise of about 2%. #gold #gold #xau
Doesn't matter what you think at the end of the day, gold is still very much a bullish market and it will likely stay like that for sometime. Yes It will probably come down a bit, but based on how the momentum is increasing I actually see, gold speeding up in terms of buys, but who knows right? Have a good weekend guys, see you on monday
✅GOLD broke the key Horizontal level of 2480$ Which is now a support level Which reinforces our bullish Bias and after a potential Pullback we will be expecting A further bullish continuation LONG🚀 ✅Like and subscribe to never miss a new idea!✅