GOLD SELL | Idea Trading AnalysisGOLD is moving in an ascending channel, move to the resistance level and We expect a decline in the channel after testing the current level.
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GOLD
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Goldanalaysis
XAU/USD New rally soon? Longs from 2,320 My bias this week for gold is to look for new long opportunities to maintain the current bullish trend. Despite witnessing an all-time high (ATH) being taken out and now experiencing a strong bearish move, this could merely be a retracement due to the significant liquidity swept at the top earlier last week.
I am waiting for the price to enter the 19-hour demand zone to look for a Wyckoff accumulation pattern, which would signal a buying opportunity back up to a supply zone. If the price retraces upward without touching my marked demand zone, I will wait for the 5-hour supply to be mitigated.
Confluences for Gold Buys:
- The price has reached an ATH and is undergoing a correction.
- The 19-hour demand zone has caused a break of structure to the upside.
- There are numerous imbalances left for the price to fill, as well as untouched Asian highs.
- The price is entering a discounted area and a psychological number.
P.S. Although the price has been quite bearish since the ATH sweep, I will still consider gold to be bullish if it holds in my nearby demand zones. If the price breaks the entire structure and continues downward, we might be in for a short-term bearish move.
🚨Gold is Ready to Go Down🚨_Can Gold make New ATH again❗️❓✅ Gold managed to create a New All-Time High(ATH) at the beginning of the week.
🏃♂️Currently, Gold is moving near the 🔴 Resistance zone($2,450-$2,426) 🔴.
🌊According to the Elliott wave theory , Gold has succeeded in completing main wave 5 by the Ending Expanding Diagonal .
💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks .
🔔I expect Gold to continue falling to at least the 🟢 Support zone($2,373-$2,353) 🟢.
Gold Analyze ( XAUUSD ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
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I will only say a single word: Gold!I will only say a single word: Gold. Yes, just gold. Do not forget; "Madness only comes to those who think the most"
Gold is at its highest high in history. We know that the metal in question is considered a protective reserve for our fiat currencies. But what explains this sudden rise?
Is this increase linked to the "wars" that are taking place around the world, which directly affects the economies of countries considered developed, spilling over directly to the rest of the world, the so-called emerging countries, causing "investors to stay away from investments" and keep your rich money in American bonds that are paying attractive rates?
However, something else comes to mind. But if American debt also increases at the same speed as gold, is it really wise to put our money in bonds (of any country) that are directly linked to fiat currencies and not in the precious metal?
We have many questions that must be weighed in order to truly make a decision.
I feel like we're at a moment that I can call more or less like this: "If we run, the animal will catch us, if we stay, the animal will eat."
People want to find a way out, unfortunately there is no way out, there are only paths that we must choose to prepare ourselves for any eventuality that may happen in the future!
According to the previous analysis and graphically speaking, gold is in a region of resistance as indicated by the SETUP used. This unknown region (resistance) in 2422 is imposing a less appetizing pace for the metal, setting precedents for us to have a correction until 2210.
But it is clear that if the SETUP used is correct, where today we have resistance at 2422 (exact place where prices are respecting), and there is such a correction at 2410, this leads me to think only of a pattern called "pull back " bullish continuation. What a thing, right?
I make it clear in the image below; prices fully respected the upward channel suggested by SETUP, therefore, I trust the chart pattern more than the current market. And as I always say, and I've said it for a long time thanks to years of observation: "THE SETUPS DON'T LIE, BUT THE MARKET YES-or- DOES!".
Check out all my previous analyzes on gold by clicking here, and see if the SETUP'S lie!
Do your analysis and good business.
Be aware, if you buy, use stop loss.
See other graphical analyzes below.
#XAUUSD #GoldAccording to the long-term analysis of gold, as you can see, the pullback of the descending channel of the cup handle was completed internally and the next micro-waves were analyzed in a separate post.
But this rising wave that started in 2015 can continue its last leg of its ascent in the first range of 1.618, the ratio of wave 1 to 5, up to the range of 2533.
Therefore, the 4th correction is completed and it is currently in the 5th rising wave, which can be a 5-wave structure, which should be in the 3rd wave of 5th wave. It has an important cluster in the range of $2547 to $2533. This movement step can also reach the $3000 range. keep going
In addition, the initial goals of 2125 and 2250 will break the 2250 ascending path in the monthly time frame.
Gold Sell Today Spot Gold remains confined to a tight intraday range on Wednesday, hovering around the $2,155 mark. The US Dollar advanced throughout the first half of the day but reversed gains with Wall Street’s opening as investors await the United States (US) Federal Reserve (Fed) monetary policy decision. The central bank is widely anticipated to keep rates on hold, with investors focusing on whether the dot pot or Summary of Economic Projections (SEP) will still suggest three rate cuts this year as it did in March.
GOLD SELL ON DIPS FOMC TODAY !!! HELLO TRADERS
As I can see gold is going to drop more till design levels on FOMC and US Interest rates ahead
we are expecting more Strength in $ and technically if we see a view on this chart Gold is in downtrend and after a all-time high with overbought conditions it is trading under the upper trend line as soon as it will break triangle zone it will drop more hard.
it's just a trade idea share Ur thoughts with us we are selling Gold from since it was at 2180 have a look on attached chart it will define more levels.
Stay tuned for more updates!
GOLD 1H ROUTE MAP & TRADING PLAN UPDATEHey Everyone,
Once again a great start to the week with our chart idea playing out, as analysed.
Yesterday we stated we had a open target at 2184 and a ema5 cross and lock above 2184 will open the range above or failure to lock above 2184 will see price retrace.
- Our target at 2184 was hit perfectly followed with a candle body close above 2184 leaving 2192 open. However, we will need to see Ema5 cross and lock above 2184 to further confirm the range targets above. We also saw our bearish target at 2178 complete and then found support for a retest at 2184.
We will also keep in mind a failure to open the range above will see retracement test to support at 2166 and a break and lock below this level will open the swing range. A cross and lock below the lower swing range at 2137 will open the structure support. However, support above here and we are likely to see a re-test of the levels above again.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we share every week in the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGETS
2184 - DONE
EMA5 CROSS AND LOCK ABOVE 2184 WILL OPEN THE FOLLOWING BULLISH TARGETS
2192
2201
POTENTIALLY 2210
BEARISH RETRACEMENT TARGETS
2178 - DONE
2166
EMA5 CROSS AND LOCK BELOW 2166 WILL OPEN THE SWING RANGE
SWING RANGE
2147 - 2137
EMA5 CROSS AND LOCK BELOW 2137 WILL OPEN THE STRUCTURE SUPPORT
STRUCTURE SUPPORT
2122- 2133
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
Mr Gold
GoldViewFX
GOLD SELL | Day Trading AnalysisHello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GOLD
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
GOLD BULL RUN STILL NOT FINISH !!!HELLO TRADERS
As we can see GOLD has tested 1985 zone and now again trading above 2022 zone today FOMC meeting Show FED is not in hurry to cut the rate they are Staying on the same rates which will not the Dollar more so investors always choose safe haven in these type of conditions geopolitical issues we aim for retest 2088 a strong resistance lets see what market brings we are on trade do a proper analysis before any trade share ur thoughts with us on GOLD
STAY TUNED!!
for more updates
GOLD BUY | Day Trading AnalysisHello Traders, here is the full analysis.
The completed correction, recovery and formation, continuation of growth. GOOD LUCK! Great BUY opportunity GOLD
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
GOLD Day Analysis | Sell SetupHello Traders, here is the full analysis.
GOLD sell pullback, GOLD is in the descending channel, making lower lows lower closes.
GOOD LUCK! Great SELL opportunity GOLD
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
GOLD READY FOR BULLS NOW!!!!HELLO FRIENDS
As i can see technically gold is holding above 2K level and just tested the trend line it is the best price for big boys to fill more bags of for a big bull run as we all know its safe haven around the world war escalating more and more today a new air strike from US to Yemen Houties and Iran also had targets on Pakistan boards .... Friends i think so its a good entry point if we see the fundamental situation around the world and elections in US so soon no rate Cuts going to happen our risk and reward ratio is gr8 its just an trade idea share your thoughts with us it help many other traders
GOLD ROUTE 4H CHART TRADING PLANS FOR THE WEEK AHEADHey Everyone,
Please see our updated 4h chart levels and targets for the coming week.
We are seeing price play between support and resistance between two weighted levels for a test and break on either Goldturn to confirm the next level.
We have resistance at 2061 for a immediate bullish target and 2042, as our bearish target. We will see price range between these levels until one breaks and locks to confirm the next range.
A bearish test to support at 2042 and a break and lock below this level will open the retracement range and a break and lock below the retracement range with ema5 will open the swing range. We also have support structure at 1978.
However, support on either levels will likely provide the bounce to the new Goldturn until we see a test at 2061 Goldturn. A cross and lock above 2061 will open the range above.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we share every week for the past 18 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGETS
2061
EMA5 CROSS AND LOCK ABOVE 2061 WILL OPEN THE FOLLOWING BULLISH TARGET
2080
BEARISH TARGETS
2042
EMA5 CROSS AND LOCK BELOW 2042 WILL OPEN THE RETRACEMENT RANGE
2022
EMA5 CROSS AND LOCK BELOW THE RETRACEMENT RANGE WILL OPEN THE SWING RANGE
SWING RANGE
1999
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
Mr Gold
GOLD - XAUUSD 4H Long term Sell!Hello Everyone,
Welcome to FXMYWORLD.
Let's see how this pair will perform based on the analysis.
Make sure you do your research and based on your confluence please look for the entry.
Don't rush your trades without any confirmation.
Thanks in advance for checking my trade idea.
GOLD NEXT UPCOMING MOVE & ANALYSIS FOR TODAY Gold price has returned to the green zone, eyeing $2,000 amid persistent US Dollar weakness. Dovish Fed expectations continue weighing on the US Treasury bond yields, supporting Gold price.
Gold Will Make Big Blast In Buy Keep Hold Your Trades In Buy
Target Is 2010 . Confirm
GOLD XAUUSD Technical Analysis And Trade IdeaTaking a close look at the charts, we can see that gold has retraced somewhat from its recent highs. It is evident that on the weekly time frame, the price is overextended and currently pulling back. The question is how far will it retrace, or will it rotate at the current level and seek liquidity above the previous highs that haven’t been raided as yet. In the video we move down to a lower time frame to discuss a potential trade opportunity based on market structure, price action, the trend, and other important aspects of technical analysis.
It’s important to note that the insights we share in this presentation are intended solely for educational purposes and should not be construed as financial advice. Participating in the foreign exchange market and cryptocurrency trading carries a significant level of risk. Therefore, it is imperative to prudently incorporate robust risk management strategies into your trading plan to effectively navigate these challenges.
A big thank you for those of you who have been boosting my trade ideas, this is much appreciated.
GOLD 1H CHARTIn light of the inherent instability accompanying geopolitical conflict, gold has historically served as a favoured haven for investors seeking a refuge of stability. Notably, gold has witnessed a marked upsurge in value since the preceding week, with indications suggesting a continued ascent.
Turning our focus to the first-half analysis, we can delineate two potential scenarios:
Upon reaching the price range of 1983-1985, should any bearish signals materialize, it may warrant considering a short position with a target in the vicinity of 1965.
Conversely, in the event of a breach beyond the 1985 threshold, the path may pave the way for an ascent towards the 2000 mark.
It is paramount to highlight the importance of maintaining a flexible approach, refraining from attachment to positions, and aligning one's strategy with the flow of the markets.
Best of luck trading this week!