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GOLD TRIPLE TOP - WAR END?All eyes are on Chinese President Xi Jinping’s state visit to Russia that begins on Monday. During the three-day visit, the leaders of the two nations will discuss the deepening of economic and political cooperation as well as the war in Ukraine. If this meeting tends to reach a diplomatic solution to end Russia-Ukraine war then Gold will see a massive sell-off. Also, FED is very likely to add a 25BPS to reach 5% interest rate, kinda expected but it brings more pain to markets. I will keep updating this, follow to get alerts 🔔
OANDA:XAUUSDShort
by dogofwallstreets
🥇Gold🥇 Analyze [Road map!!!🗺️(02/07/2023)]Hi everyone, today I want to show you the 🗺️Gold road map🗺️ maybe you can find the 😱treasure map😱 in my chart. If you would like a good view of Gold on a weekly time frame, I suggest you take a look at my July 3, 2022, Gold road map post. After watching this post, you will be surprised how beautifully Fibonacci price and time zones worked correctly✅.👇 ------------------------------------------------------------------------------------------------------------------------------------------------------------------- Better to go back to the present😊; Gold seems to have found the end of the main wave 3 above the ascending channel and is now completing the main wave 4 since the structure of the main wave 2 was a Price correction, so I expect It is most likely that the correction of the main wave 4 happens in ⏰ Time ⏰, also it is most likely that the structure of the microwaves of the main wave 4 is zigzag(ABC/5-3-5). I marked the end of the main wave 4 on my chart with the yellow zone. Gold Analyze ( XAUUSD ), 8-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 be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSD
by pejman_zwin
6
Gold wave structure breakdownSince Nov,22 GOLD has been running upward like rabbit getting everyone's attention. But these big hops are not going to last much longer, and eventually the rabbit is going to go down to its black hole in ground. The market always completes its cycle, and let me break the bad news, the cycle is not over yet. The chart shows my main wave structure on Gold. The most recent downward wave A consisted of 5 wave structure indicating the correction is most likely gonna be a zig-zag. The breaking of this fractal of wave 4 ending point shown in the chart below was the confirm that no matter how high we go afterwards, the damage has been done and correction has started. The swift selling at the end of last week can be an indication that wave B has ended, but it cannot be said with certainty for now since there is always room for opposite move even when you are certain there is none. 0.5 fib level seems like a good zone for the price to rebound by the end of year, otherwise 0.618 fib level also has good structure support to push the rabbit out of its hole towards the sky.
OANDA:XAUUSDShort
by syedhamza2135
Gold has broken resistance line and can continue to move upHello traders, I want share with you my opinion about Gold . Watching the graph, we can see how the Gold has tested the resistance area 1855-1860, from which it bounced and fall to the buyer zone. After the buyer zone retest, the price begin to move up and broke through the resistance level 1820. Currently, the price has broken through the resistance line and is trading above. Gold can continue to rise and break through the next resistance level . I think the price after a possible breakdown of the resistance at level 1845 can continue to move up and reach the resistance area . Based on the above data, targets for Gold , I see at level 1845 and inside area 1856-1860. Please share this idea with your friends and click Boost 🚀
FOREXCOM:XAUUSDLong
by LegionQ8
12
Gold break support area of wedge and can contonue to fallHello traders, I want share with you my opinion about Gold. Looking at the chart, we can see how the price of Gold has been declining for a long time in the downward trend. Reaching the level of 1805 price bounced back and begin to rise. After breaking through the resistance level 1830, Gold continue to rise and thus formed an upward wedge. The price tested the seller zone, from which it begin to decline and broke through the support area of wedge. We can see the Gold leaving the wedge and I think the price may continue to fall so, I set 2 goals at the level 1840 and support level 1830. Please share this idea with your friends and click Boost 🚀
FOREXCOM:XAUUSDShort
by LegionQ8
14
GOLD - Good Opportunity Hi, this is my new update for GOLD. In the month of February gold lost 8% of its value, but I think that was a healthy correction to get a bullish momentum in March. We tested big support level around 1800 - 1820$ and the same time we also tested 50 and 100 weeks moving averages and those levels helped us to get big bounce and break the down trendline channel. Right now we are going to test both the resistance 1858 - 1864$ and the 50 days moving average. I expect we are going to get a temporary pullback from the resistance and perhaps it is going to be the last accumulation for the traders and after that we are going to break those levels. It has higher probability that we are going up, since we have two beautiful gaps that we have to fill.
TVC:GOLDLong
by GOAT1375
Gold after retest support level can start to growHello traders, I want share with you my opinion about Gold. When observing the graph, you can see how the price fall for a long time and as a result formed a downward wedge. The price of Gold subsequently broke through the resistance line of wedge and begin to move uphill. Currently, the price is above the support level 1820, but can go lower and test it. After a possible retest of the support level, the price can continue to move uphill. I think Gold can break through the resistance area and continue to grow. So, I see targets for Gold in the resistance area 1845-1855 and in the seller zone of 1875-1890. Please share this idea with your friends and click Boost 🚀
FOREXCOM:XAUUSDLong
by LegionQ8
14
🥇Gold🥇 Analyze [Road map!!!🗺️(02/17/2023)]To analyze the chart of gold, it is better to start from the weekly time frame so that you can have a better view of the 🗺️Gold road map🗺️, so I suggest you pay attention to the chart below for a few seconds.👇 Now let's go to the Gold 8-hour time frame that I shared with you a few days ago; Gold ran through the zigzag(ABC) corrective structure as I expected.👇 Now, to make sure that the zigzag correction is complete, we go to the 1-hour time frame; as you can see in the chart of this post, microwave 5 of microwave C of the main wave 4 in PRZ seems to have been completed. To ensure the end of the main wave 4, it is better to wait for the downtrend line to be broken in a valid way. 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 be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDLong
by pejman_zwin
5