OANDA:XAUUSD hello traders please take a look my gold idea for next week, the gold will continue bearish
Hey guys, last week I was bullish on gold, but after the recent PA I changed my bias to short. -First, the price formed the so-called "Bearish Flag" formation, this is a pattern that is a trend continuation and the TP is the duplication from the initial leg. -Second, looking at the DXY I am more for a strong dollar for the near future judging by the recent...
Gold sells but will retest at this point ...up and then down... Watch closely...
If gold retest at 1928.915 it will sell to 1900.826 thou we have fundamentals coming up by 13:30 which might affect it.
Hello Traders! ✔USD/JPY Is Bullish but has turned Bearish for some time now ✔Price has Pushed to the Downside but has found a key level ✔RSI is in Buyers control ✔Fib has tested the 23.6 on the Daily timeframe ✔Daily Trendline is still respected and hasn't been broken 520 Pip Analysis!! Goodluck!!!!☘☘☘
Gold Edge above 21-EMA nd 200-MA And in this move RSI edge above 50 mark so gold minor dump but long term gold up trend
The Energy Information Administration's (EIA) Crude Oil Inventories measures the weekly change in the number of barrels of commercial crude oil held by US firms. The level of inventories influences the price of petroleum products, which can have an impact on inflation. If the increase in crude inventories is more than expected, it implies weaker demand and is...
1660 looks like the serious support, as could be expected. Because it coincides with the bottom line of the long term trend channel (blue). The volumes & candles show 2 times that supply exhausts around 1660, and demand demonstrates strength (Bullish Cha Cha signal). So, the bullish intentions could be read from this chart.
Technical Analysis Chart Update XAU / USD ( Gold / U.S Dollar ) Time Frame - M45 RISING WEDGE Pattern in Long Time Frame #LTF we need to wait for the Proper Breakout of Lower Trend Line #LTL or Rejection Rejected from the Fibonacci Level - 61.80% Strong Selling Divergence Break of Structure #BOS
Looking back, the historical price movement for gold in September 2021 is in the trend area. In that year, the trend is bullish. How about 2022? Seeing the state of the market this year is moving downwards. As seen in the picture on the daily timeframe, it has formed a new low (swing low) and is unable to make a swing high to surpass the previous high. It can be...
GOLD after the price broke in 1794 the next target is 1806 and then if break 1806 will be bullish to reach 1812 & 1822 gradually by breakout 4h candle ----------- pivot price: 1794 resistance: 1806 & 1812 & 1830 support price: 1783 & 1772 & 1766
GOLD the price of Gold will try to reverse till about 1750 then again will start upward to reach 1765 and if break 1765 and can stable above it I expect will touch 1787 then will do retest again will go up more
GOLD - 12H Depending on the trend channel, it is possible to start upward from there to get 1724 & 1745 & 1765 but if the price can break 1699 and stable under it will drop to 1681 == The green line represents the upward (resistance line) The Red line represents the Downward (support line) A white line is a pivot line
At a time of war, gold is supposed to rise, but what is now clear is that the dollar is still trying to rise more and more with the increase in the interest rate of the Federal Reserve. Technically, gold is still falling within the descending channel that started since March of this year, and now it has approached the upper line of the channel and is targeting the...
The Gold trend is still bearish, but this can change relatively soon. First, we would expect an 88.6% Fibonacci retracement level to be tested. Then, if it holds, we might be seeing the beginning of a trend reversal.
f stable during next 15 minutes i think the price is upward above 1853 till 1864 and 1874 but if break 1842 will be breakdown strongly by stabilizing under 1842
now it is possible to reach the upper of the channel then try to get ready for a bearish direction. so generally have a downward direction under 1833 ========== downward sell under 1826 tp: 1810 & 1803 & 1790 sl: opening candle above 1833 risk 2% ======