great weekend as ccpeted gold pull back and fly up to 2529, this wee as i see gold made low and uper wick but the body close bearish. that may concern gold may continue short after retesting 2406,2408 (sbr), safe zone to take long midium risk 2462/2464 low risk zone 2440/2442 let me know if you have any concer.
The hourly chart is showing the development of a double bottom pattern. - If the neckline at the 2404 level is breached, we could witness a surge in gold prices. The anticipated upside targets are as follows: - 1st target - 2418 level - 2nd target - 2453 level - 3rd target - 2475 level
2.618 fib Cup 3.618 fib Handle Wolfpack Green wave RSI: Room for overbought + future div 2023 Recession = Safety in Metals Measured Cup & Handle Target 1: $2700 - confluent with 2.618 handle fib! Target 2: $3000 Max extension
H4 Analysis: Analysis/bias remains unchanged from yesterday's 14/03/2024) analysis -> Swing: Bullish. -> Internal: Bullish. Price printed a swing BOS and subsequently a bullish iBOS. Bearish CHoCH has been printed. We are now trading within an internal range. As mentioned 11/03/2024, bearish CHoCH, which is the first structural indication, but not...
gold is in under range ( 1973 ressistance to 1930 support level) as clearly can see in the picture,,this is 4hour discription, as you can see its been 3 time test on 1930 suppport level and huge 200pip candle fly to sky and stop above the previous candle on D1 chart frame. as i predicted that gold can have 2 plan A or B . what you all think let me know if you have...
I'm more confident than ever that the USD is going to grow from here, at least to 105, and then let's see. There's loads of scare mongering (and I believe it is just that) around the US debt ceiling (I do not believe that either political side will allow the US to default, at all - loads of fud about insurance policy sales on the increase to hedge against this -...
#XAUUSD (Update)... GOLD will keep growing Because it is in the local uptrend And recently broke the key level So will be expecting Bullish continuation....
As u can see now gold will continue its downtrend after that correction is done and trend is broken
Gold went bullish on structure, after leaving us with a couple of lost trades and untagged ones we still follow our strategy with it, Another buyb is taken
Hey traders, in this week we are monitoring XAUUSD for a selling opportunity around 1828 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
hello traders today i share with you my view about gold timefirm 30 M in this chart i chow you direction of gold , I studied a lot to trace pitchfork , and now you see the result :) BY TOUZAMRI SAMIR
GOLD - Cup and Handle formation. Very Bullish! For shorter term, yellow channel range bound. Breakout likely to the upside.
Gold on the way to finish last leg up to perhaps at the current level or more to as high as $2030/Oz. Then a downtrend may resume for much lower level perhaps to as low as $1400 in the coming months or so.
Possibility: Uptrend: COVID19 Downtrend: US election, Year-End ceremony
so in the previous entry the gold hit my SL and did to new block but now i will hit my TP