Let's see what the market has to offer. Disclaimer: This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
KOG REPORT: In last week’s KOG Report we said we said the correction in gold was likely going to be profit taking and we were not ready to suggest it’s bearish as yet. We suggested that resistance may hold during the early part of the week and if it did, we felt the opportunity to short the market back down into 2330-35 and below that 2310-2295 would be...
Hi Traders Gold price is ready Gold currently experiencing worldwide Down trend has reached its highest price ever I predict that the market will bounce back From the resistance level move towards the Nearby support level Gold sell from 2177_2183 Target zone. 2140 If this post is useful for you You can support me with like And advice comments
THE KOG REPORT: In last week’s KOG Report, we said we would be sticking with the plan and gave the extreme level of 2193-5 which is where we expected there to be a RIP, and if held we would be looking to short the market back down into the 2150-55 levels and below that 2147. It was at these levels that we said we would be expecting another RIP with extension...
Hello Traders! This is my idea related to Gold. My previous forecast hit the target of 5R, now I expect a retracement, to the FVG and I will look for a confirmation in the supply area. The structure is still bearish, and my bias is for short entries. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I...
Hello Traders! This is my idea related to Gold M30. I expect a bullish move to close the FVG. The bearish sentiment on the market is still bearish, and I consider this indicator a good chance to look for long entries. My target is under the OB level. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I...
At the beginning of the Asian market on Wednesday, gold held a nearly three-week high and is currently around 1936. The main U.S. employment data in July began to approach pre-epidemic levels, a sign of a cooling labor market. The dollar and U.S. bond yields fell sharply on Tuesday, with the 10-year U.S. bond yield hitting a near two-week low, helping gold soar...
Gold stepped back on the support again, the current price is directly higher than 1924, continue to be bullish! The US market will continue to rebound! The gold down structure is complete! Now we are going to oscillate to build a bottom, and the first-line support at 1923 below is obvious! After rebounding above 1930, there will be a callback, and the fall will...
Gold analysis: trading strategy has won nine trading days in a row, and today I will bring you a new trading strategy After the Fed raised interest rates, gold returned to the 1980 mark. 1985 was the top of the previous 1940-1985 shock range, or the 50% position of the 2078-1983 Fibonacci retracement. It is expected that the Air Force will launch a counterattack...
Gold moving in channel. Last week gold was massively dropped more than 200 pips in a day. Upward movement possibly corrective move. What you guys think?
Based on this market analysis we can expect Gold to continue contracting as it's clearly showing to reject that resistance. It's also important to note that we are also looking bearish on the monthly timeframe which means since we have two timeframes in sync there's more chances of the market actually dropping.
Expectations of a pause have negatively impacted the dollar in recent weeks, while benefiting metals markets, especially gold, as the interest rate outlook weakens. Rising interest rates push up the opportunity cost of holding non-yielding assets, reducing the attractiveness of gold as an investment vehicle. But a more stable exchange rate could spur more inflows...
Gold prices rose in the Asian session on Thursday, hitting their highest in more than two months as weak UK inflation data led many to bet that global interest rates were nearing a peak, while a weaker dollar also helped. The yellow metal is currently about $15 away from $2,000 a wish. GOLD zone 1972 - 1975 Stop Loss : 1980 My taget is: 1968-1955 Note:...
This is a 4h chart. We can see that gold has reached 2070 twice in the past period of time, but both fell back quickly. For the first time, it fell to around 1620, where it started an upward trend after a period of shocks. Until recently, it came to 2070 again. After a new high, the shock fell back, and it is now near 2020. From 1620 to 2070, most of the...
Today's gold analysis: Friday's multi-single strategy, after gold fell to the 1950 position, gave an opportunity to enter the market. Finally, take profit and leave the market at the 1959 position. Today we need to pay attention to the support position of the 1940 position, while the above needs to pay attention to the breakout of the 1963 position. This wave of...
Gold futures have fallen nearly 9% since the May high, but there are signs that it is trying to form a base around $1900.Whilst the psychological round number has helped to play a part, it also coincides with a volume cluster in the rally at the beginning of March. We therefore see the potential for a minor bounce at a minimum from current levels whilst prices...
Considering the whole movement, we are currently in a corrective wave which contains three waves(ABC waves). Ending diagonal at the last wave of C and it carries 5 subwaves but we currently at the 4th wave. A breakout of the red trendline will signify more sells to to complete the 5th wave filling the defined gap clearly seen on D1 timeframe.
The decline in gold remains, 1930 short! The current short-term gold has gained support and rebounded, but has the decline changed? not at all! It can be seen from the hourly chart that even though the market took a strong backlash on Friday, the final rebound did not break through the suppression of the long-term moving average, and it was still a bearish...