Here is our detailed technical review for GOLD. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 1933.16. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1950.06 level. P.S We determine...
The recent price action on the GOLD pair was keeping me on the fence, however, my bias is slowly but surely changing into the bullish one and I think we will see the price go up. ❤️ Please, support our work with like & comment! ❤️
✅GOLD is trading along the long-term rising support And as GOLD will soon retest it I am expecting the price to go up To retest the supply levels above LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Friends! GOLD pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 8H timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 1970.736...
FOREXCOM:XAUUSD Hello traders, Thank you for sharing your trade plan. It appears you're looking for potential long positions during the London/New York session. Your decision to enter long trades is contingent upon a daily close above the 78% Fibonacci retracement level, which would signal the continuation of the uptrend. As you proceed with your trades,...
Here is our detailed technical review for GOLD. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 1957.59. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1985.04 level. P.S We determine...
FOREXCOM:XAUUSD Hello traders, Thank you for sharing your trade plan. It appears you're looking for potential long positions in gold, with two entry zones identified at 1954 and around 1951. These zones represent the price levels at which you plan to enter your long trades. Remember to consider your risk management strategy and always stay updated on market...
GOLD - Classic bullish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Long GOLD Entry - 1964.19 Stop Loss - 1948.25 Take Profit - 1988.08 Our Risk - 1% ❤️ Please, support our work with like & comment! ❤️
Take a look at our analysis for GOLD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 1957.86. The above observations make me that the market will inevitably achieve 1987.38 level. P.S Overbought describes a period of time where there has been a...
With London now closed and New York slowing down after PMI news it's always good to get a broader view of how the day will end, and what the key levels are to keep an eye on going forward. The 1938 level remains the most critical level as it could act as a support level for price to retest before continuing up towards 2000. However, should this support fail to...
Hello,Friends! We are targeting the 1983.749 level area with our long trade on GOLD which is based on the fact that the pair is oversold on the BB band scale and is also approaching a support line below thus going us a good entry option. ✅LIKE AND COMMENT MY IDEAS✅
Here is our detailed technical review for GOLD. Time Frame: 17h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 1959.23. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 2000.17 level. P.S Please, note...
Take a look at our analysis for GOLD. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 1960.77. The above observations make me that the market will inevitably achieve 1977.58 level. P.S The term oversold refers to a condition where an asset has...
Pair Name : GOLD Time Frame : 15 m Scale Type : Large Scale Analysis Way : Volume + Classic + High & low + Market Map Direction : Natural - Lead To Long 📋 Educational / Long —————**- 🗒 Just browsing through my analysis means a lot to me. ➡️ Update - ———— ⚡️VIP Opportunity ———- Target 1 + 2 + 3 90 PIP
SAXO:XAUUSD Hello traders, For tomorrow, I'm planning to take a long position. Currently, there is a significant bullish momentum in the gold market. Additionally, we can identify a strong support level around 1920. If we consider entering a trade at 1920, we would be trading a very appealing head and shoulders pattern. This setup suggests a potential...
Take a look at our analysis for GOLD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 1923.98. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1935.07 level. P.S The term oversold refers to a...
Take a look at our analysis for GOLD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 1915.00. The above observations make me that the market will inevitably achieve 1980.79 level. P.S We determine oversold/overbought condition with RSI indicator. When it...
SAXO:XAUUSD Hello traders, Today, we observed significant downward wicks in the price action, indicating a strong presence of buyers in the market. This suggests a potential opportunity for long trades in the upcoming sessions, both tomorrow and next week. Additionally, the daily candle closed above the Fibonacci retracement level of 61.80%, providing further...