On monthly time frame, gold price is in downtrend, formed a lower high, RSI below level 60, and in weekly it is sideways near an important support level, RSI approaching near level 40. So, on weekly we may expect correction from 49300 level, which means in coming days, on daily time frame we may expect some up move. But for that we have to wait for a proper price...
XAU $XAU Initial Long. This is a pure digital signal processing signal just as are every other signal I post. ZERO other factors are considered in producing this signal. Entry reasons: XAU is showing momentum and confluence of mean reversion crossing up the 70 day price mean. Exits and SL: TP and SL on chart. Move SL on TP. After TP2, trail with 0.5xATR step and...
Technical Analysis Summary XAU/USD TREND ANALYSIS We have 1 Downtrend in red color We have 1 Uptrend in green color Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an indicator of strength of levels...
The 1on1 video is currently out, if you would like it in order to understand how to play my analysis FULLY, please let me know privately. All likes/comments and feedback are very much appreciated! How to play my chart: Buy at support, sell at resistance. When you open this chart you'll see a green entry and a red entry. When the candlestick hits the green entry,...
Hello my friends - today in my long-term analysis, I came to a very interesting conclusion about gold. In the monthly time, gold could not hold above 1752 after setting a new price record. Accordingly, the price of gold will experience a sharp decline. From this price point, you can open a trade in a negative direction. -At risk to Reward: 1 to 4 ! -Maybe this...
Yesterday gold tested its support and the lower limit of Value zone helped gold to maintain the 1915 levels. The news were also positive for USD. So there was lot of selling pressure. But gold is able to sustain and rise to its previous support near 1926. For today the important levels are 1935 and 1918. I can see there is a good supply area near 1935-1940. So we...
These are the two trades I will look for this week that we have ahead of us. I think we can see some bearish sessions at the start of the week or liquidity grabs from London low and Asia low to go higher and aim for 1850 again. Trade carefully and If you catch a great trade hold and have 0 in stop-loss the gains will give you very satisfying results.
Spot gold price now $1,814 and may break a support at $1,812 per ounce, and fall to $1,801, as suggested by a rising channel and ratio analysis. The uptrend is deemed intact within a bigger rising channel. It is riding on a wave C, which may travel far above $1,877. ------------------------------------------------ XauUsd Gold Daily Level (27/01) R3...
Technical Analysis Summary XAU/USD TREND ANALYSIS We have 1 Downtrend in red color We have 1 Uptrend in green color (Internal Uptrend) Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an indicator of...
This is my new analysis about gold ! A swan (the white harmonic pattern) can be on board with this chart and then I go long for following targets
We can see there is a bearish order block and liquidity waiting to be filled and then we will see some movement to the downside for a stop-loss hunt and aiming for Big order block to go Bullish in the long run. Trade careful always use a stop loss and hold the second bullish trade for long and we hope for some good gains in return. Letsgo!
At the moment, I think all the financial markets are skeptical about the issue of US inflation and the issue of tipping ... or various economic policies. This problem will probably be resolved in the medium term. You can see the gold analysis in the above timeframe on my page. On November 30th This is the analysis of gold in the shorter term ... . . If you have...