Currently, gold has fallen below 2550, and our short-term goal has been achieved. Due to the rapid and sharp decline, there is a need for a rebound and repair on the technical side. It is expected that there will be an increase in the intraday tomorrow. The transaction can be mainly based on low-level longs, and short again after rebounding to the resistance.
I update you with the price levels to pay attention to when placing orders. For Sell Scalping orders, pay attention to the red levels at the price points 2595 - 2611 - 2620. For Buy points, 2575-2571- 2554 - 2545. These levels have a maximum SL of 3 prices. Never hold on to more than this level and the points around 2530-2526. This is a long-term swing order zone...
Following Friday's significant decline, gold's technical indicators are showing signs of recovery, suggesting a short-term buying opportunity at lower levels. The upper resistance zone is between 2508 and 2514, which appears strong based on current market conditions. The probability of a direct breakout above this zone is low. Therefore, if the price reaches...
My idea is based on the Support & Resistance levels observed on 1H TF I'm anticipating price bounce from the identified support areas (Support-1 & Support-2) My plan is to enter long position when the price reach these support levels and close the trade at the resistance level Bias: Bullish Entry: Long from the Support-1 & Support-2 Take Profit: at Resistance...
The release of the today's fundamentals is favorable for bulls in the Gold market. The price is now testing the resistance cluster based on the current All Time High. As always, our strategy is to wait for is bullish breakout. A daily candle close above that will confirm a violation. A bullish movement to 2550 will be expected then. ❤️Please, support my...
Gold's 1-hour moving average is still in a bearish formation with a downward cross, and there is no sign of a turning point. The gold moving average resistance is near 2500, and short-term gold continues to be under pressure of 2500, with no breakthrough, indicating that the resistance is still effective and gold can continue to be short.
Detailed technical analysis for Gold. Multiple time frame analysis. Price action analysis. Important key levels. Potential scenarios. ❤️Please, support this video with like and comment!❤️
Here is my latest structure analysis and important support and resistance levels to focus on Gold. Resistance 1: 2525 - 2531 area Support 1: 2470 -2484 area Support 2: 2432 - 2447 area Support 3: 2353 - 2381 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
I see clear signs of a bullish accumulation on Gold again. As previously, the price sets higher lows, setting equal highs. Looks like the market is preparing for a breakout attempt of the underlined red resistance. IF the price breaks and closes above that, it will be a strong bullish signal. A bullish continuation will be expected at least to 2540 level...
Gold closed in a very strong bullish mood this week. The price retested a recently broken horizontal resistance, bounced and violated a resistance line of a bullish flag pattern on a 4H time frame. Probabilities are high that the market will continue growing next week. Next goal for buyers will be the resistance based on a current All Time High. ❤️Please,...
As Gold updated the ATH on Friday, here is the next potential resistance on focus. It is based on a major rising trend line on a daily, based on 4 important previous highs. I think that we will see a pullback from that. I will post the update after its test. ❤️Please, support my work with like, thank you!❤️
Price action analysis, key levels analysis on Gold. Potential scenarios. Trading recommendations. Thoughts & trading plan. ❤️Please, support this video with like and comment!❤️
As I predicted on our Wednesday's live stream Gold keeps going up. Analyzing the intraday price action, I spotted one more bullish confirmation. This time the price violated a support line of a wide horizontal range on a 4H time frame. We see a positive bullish reaction after a retest of its broken upper boundary. I think that the market will reach 2450...
Here is my latest structure analysis for Gold. Vertical Structures Vertical Resistance 1: Rising Trend Line Vertical Support 1: Rising Trend Line Horizontal Structures Support 1: 2348 - 2364 area Support 2: 2333 - 2340 area Support 3: 2265 - 2298 area Resistance 1: 2468 - 2483 area Consider these structures for pullback/breakout trading. ❤️Please,...
Here is my latest structure analysis for Gold. Vertical Structures Vertical Resistance 1: Rising Trend Line Vertical Support 1: Rising Trend Line Horizontal Structures Support 1: 2348 - 2364 area Support 2: 2333 - 2340 area Support 3: 2265 - 2298 area Resistance 1: 2468 - 2483 area Consider these structures for pullback/breakout trading. ❤️Please,...
Analyzing Gold on intraday time frames this morning, I spotted multiple bullish clues. The price started to nicely respect a rising trend line on a 4H, after a one of its test, a cup & handle pattern was formed. I think that the market has a nice potential to retest a current high. Goal - 2467 ❤️Please, support my work with like, thank you!❤️
Gold closed in indecision this week, respecting 2 supply and demand zones. The price went rejected from an expanding supply zone based on a resistance line of a rising parallel channel and a horizontal resistance. The market also respected a horizontal demand zone based on a horizontal support cluster. After the market opening, I will monitor the reaction of...
Here is a quick recap of my Gold analysis on a today's live stream. The market is currently trading within a bullish flag pattern on a daily. After the price reached a daily horizontal support, it bounced and tested a resistance cluster based on a trend line of the flag and a horizontal structure. I believe that a bullish rally will resume after a confirmed...