GOLD BULLISH FOR YEAR 2024 !!!HELLO FRIENDS AND TRADERS COMMUNITY
As i am watching the Gold monthly chart i am expected some big moves incoming months the monthly candles and volume can be crazy as we can see the US $ condition around the world is going on and wars an much more in fundamentally view also chart talks as we say always... we so friends we will sell high and buy low :) its just an trade idea for incoming months share ur thoughts with us it help alote trader community
Stay tuned for more updates
Xauusdprediction
📈Gold 4H analysis, Price path to the end of the week📉OANDA:XAUUSD
FOREXCOM:XAUUSD
Sorry friends, I had prepared this analysis chart since the beginning of the week, but due to illness, I could not present an analysis about gold this week.
Current analysis shows the likely path of the gold price. Next week, with better energy, I will start the detailed analysis of gold again.
In my opinion, everything you need to know at this stage of the gold price movement is in the chart.
If the price breaks bellow the daily Bollinger midline or stabilizes below the trendline, the bearish scenario probably will occur.
Targets are shown on the chart.
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CrazyS✌
XAUUSD / GOLDEN IDEASHere's my prediction. Fairly certain of this one. Time will tell but don't take this as any kind of financial advice - coz it's not.
XAUUSD - GOLD CURRENT SITUATION#XAUUSD
According to the analysis we gave to XAUUSS earlier, GOLD went UP very fast in the previous weeks, BREAKING the TREND LINE. Due to this US10Y went down.
The dollar has strengthened after the December FOMC. All MARKETS including STOCKS and COMMODITIES are going down slightly due to the OFF of MARKET RISK. RETAIL SALES, NFP and PMI DATA, CPI DATA should be monitored.
But since all the ECONOMIC INDICATORS were positive the other day, GOLD was slightly SELL yesterday. It is definitely a very important indicator for the FED. Currently, MARKET RISK is being OFF.
We have some very important NEWS coming to USD this week. Be sure to keep an eye on it.
Anyway, we expect that GOLD will go up to 1875 LEVEL. Before that, GOLD may go down to 1739 LEVEL with the FOMC UPDATE. Be careful..
XAUUSD 19/09/2022So gold currently moving in a downtrend channel & also formed a small timeframe structure while facing recent resistance at 1671.26 & support at 1653.99. now if price respects the resistance & breaks out of the support at 1653.99 then price might continue to push down to retest the next HTF support at 1644. 40 while still moving in respect to the downtrend.
However if price breaks & closes above the resistance at 1671.26 then gold could breakout of the downtrend channel & might continue to push up to the next resistance zone 1679.89 again as a retracement.
XAU NEAR FUTURE PREDICTIONS (4HCHART)Technical Analysis Summary
XAU/USD
TREND ANALYSIS
We have 1 Downtrend in red 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 (ONLY FOR VISUALS).
White Levels are levels from my past ideas published or levels that were respected from the past only for explanation purposes.
Good luck everyone, stay safe!
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