XAU/USD : Get ready for a new ATH, Towards $3000?! (READ)Gold's one-hour chart analysis confirms that the price has followed our previous forecast precisely, reaching the $2951 level as expected. Comparing the last five analyses highlights the accuracy of these projections.
Currently, after hitting $2951, gold is facing selling pressure and is trading around $2947. I anticipate a slight correction before another upward move.
Short-term targets: $2954 and $2956
Medium-term targets: $2966 and $2969
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Goldmaster
XAU/USD: Prepare for a new all-time high near $3000?! (READ)Gold's one-hour chart analysis indicates that the price has precisely followed our prior estimate, reaching the projected level of $2951. Comparing the last five assessments demonstrates the accuracy of these projections.
Gold is currently priced about $2947, down from $2951 when it peaked. I foresee a little retracement before another upward movement.
Short-term aims include $2954 and $2956.
Medium-term aims are $2966 and $2969.
Please support me with your likes and comments to encourage me to share more analysis with you and share your thoughts on the potential trend of this chart with me!
:
🚀 XAU/USD – Bullish or Bearish? Key Levels to Watch! 📊
💰 Gold Spot (XAU/USD) - 1H Chart Analysis
🔥 Key Observations:
🔹 BOS (Break of Structure) confirms strong market movement.
🔹 Bearish Order Block (OB) at the top suggests potential resistance.
🔹 Liquidity Grabs ($$$) & FVG (Fair Value Gaps) indicate smart money activity.
🔹 Bullish Rejection Blocks (30m & 1H TFs) could act as key demand zones.
📈 Possible Scenarios:
📌 Bullish Case: If price holds above the Bullish Rejection Block, we might see a push towards $2,950 - $2,960.
📌 Bearish Case: A rejection from the Bearish OB could send gold back towards $2,920 - $2,900.
🔔 Key Levels to Watch:
✅ Resistance: $2,950 - $2,960
✅ Support: $2,920 - $2,900
💬 What’s your bias? Bullish or Bearish? Drop your thoughts below! ⬇️🔥
#gold #xauusd #forex #trading #priceaction #technicalanalysis
XAU/USD : Expected Decline After Initial Rise (READ THE CAPTION)By analyzing the #gold chart on the 4-hour timeframe, we see that the price initially rose to $2377, as expected, and then began to decline, also as anticipated. As mentioned, I expected an upward move first, followed by a decline. This happened exactly, with gold dropping sharply from $2379 to $2351, resulting in a 280-pip decrease. Currently, gold is trading around $2360, and if we see an increase in the dollar index today, we can expect further declines in gold. The potential short-term targets are $2351, $2348, and $2342. At present, gold is trading around $2361.
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Best Regards , Arman Shaban
ArmanShabanTrading |🔴 USDCHF : The End of Bull Run ? Let's See Well, as you can see, according to the previous analysis, the price managed to hit the next bearish target (0.91500) and after that it faced buying pressure and again moved towards the liquidity above of 0.92600 , after that when it was corrected again, it entered a Institutional Support that was in 0.92200 and with the appealing reaction we saw in this range, we entered a BUY position and hit the final target with more than 100 pips ! ✅ I hope you have used this analysis! I expect a correction from that range !
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 02.17.2023
⚠️(DYOR)
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