Hey Everyone, Another great day on the charts today with our chart idea playing out, as analysed. Yesterday after hitting the bearish target 2567, we stated that we need ema5 to cross and lock below 2567 to open the retracement range for a test and failure to lock below 2567 and we will see the Goldlturns above being re-tested. - No cross below 2567 confirmed...
As observed, gold fluctuated within the supply zone of $2579 to $2589 yesterday and finally managed to close and stabilize below $2579. Afterward, gold experienced an 80-pip decline, correcting down to $2572, and is currently trading around $2574. If the price stabilizes below $2577, we can expect further declines in gold, with potential targets at $2571, $2565,...
Hey Everyone, Another ranging day with side by side movement for the most part of today, as the market looks for a blueprint in this new range. Yesterday we got the first Bullish target hit at 2581 and stated that we needed to also keep in mind the Bearish gap below at 2567. Today we got the bearish target 2567 hit and now ema5 is playing just above the level....
XAUUSD is currently testing last week's high, with a potential for a short-term pullback. On the 4H timeframe, the market closed bullish, reflecting strong momentum. After bouncing off the 2550 support zone, it may continue rising, potentially surpassing the 2600 level, as resistance appears minimal aside from key round numbers. Following the FED rate cut, the...
Good morning everyone. Kindly find my trading zones for trading opportunities on Gold today, I hope this gives you some position opening insights for today. Remember these are not signals and you use them at your own risk.
On Xauusd price has formed a complete double top and was able to move down partially break the line 2575.447 leaving a wick and reverse so is important to note that there is a greater chance for the price to fall the line has been tested so going for SHORT are needed with target profit of 2560.718 and stoploss of 2591.692 . Use money management. XAUUSD SELL:...
XAUUSD has reached an all-time high of 2570, touching both a resistance zone and the channel border. With no high-impact news scheduled today and it being a Friday, there's a possibility of a pullback, as markets often correct after a strong trending week. Additionally, the price action seems to be slowing down near the resistance zone, indicating potential...
Good morning everyone. Kindly find my trading zones for trading opportunities on Gold today, I hope this gives you some position opening insights for today. Remember these are not signals and you use them at your own risk.
Gold surged to an all-time high before pulling back, as investors await the Federal Reserve’s first move to ease monetary policy in over four years. Traders are pricing in a 67% chance of a 50-basis-point rate cut, according to CME’s FedWatch Tool. Yet, despite growing expectations of an aggressive start to the policy easing, gold has slipped 0.5%, paring last...
Here on Xauusd price has broken trendline and went down so there is a need for retracement for entry sell so going for SHORT is needed if the price reach level of 2567.073 - 2576.449 and expected targeting profit should be around level 2532.982. Use money management
Hey Everyone, Slow start to the week with ranging movement following on from the breakout last week into this ATH range. However, as analysed we got the first Bullish target hit today at 2581 during Tokyo session. We now have a ema5 lock above 2581 opening upto 2591, which gave just over 40 pips and remains open. We need to also keep in mind the Bearish gap...
By analyzing the gold chart on the 4-hour timeframe, we can see that today the price managed to reach a new All Time High, climbing up to $2589.750. Afterward, it faced a correction and is currently trading around the $2580 level. If the 4-hour gold candle closes below $2579, we can consider the $2579 to $2589 range as a Bearish Order Bock. Based on this, we can...
Hey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are in a new rage but just like last time we were able to generate accurate levels to use for the coming week. We are seeing price between two weighted levels. We have 2581 Goldturn resistance and 2567, as Goldturn support. We currently have a gap above on market open at...
Hey Everyone, Please see our updated 4h chart levels and targets for the coming week. We are seeing price between two weighted levels. We have 2590 Goldturn resistance and we have 2564, as Goldturn support. We currently have a gap open above at 2590 and below at 2564 and will need ema5 cross and lock on either weighted level to determine the next range. We...
Hey Everyone, Please see update on our daily chart structure that we have been tracking and trading successfully for a while now. Last week we stated we stated that we still have the candle body close above 2521 for the gap to 2566 and we would need Ema5 lock to further confirm and strengthen this gap. Currently ema5 is playing just under it and we will continue...
Hey Everyone, Please see update on our weekly chart idea and analysis that we have been tracking and trading for several months. Previously we stated that we had the candle body close above 2505 leaving a gap to 2557. We also stated that we need to keep in mind that we have a ema5 detachment below highlighted on the chart with a circle for a possible correction...
A sudden violation of the all time high triggered a strong bullish rally on Gold last week. Here is the next potentially strong resistance that I see: it is based on a major rising trend line and 2600 psychological level. With a high probability, we will see a retracement from that area. ❤️Please, support my work with like, thank you!❤️
TVC:GOLD 4H will try uptrend to 2612 if the price stay between (2580 _ 2590) then will going up but if price stay under 2580 then will fail under 2555 espcially at Time Frame 4H