Expect a crazy correction in gold. The first target ahead is 2840, where the price lands on the EMA 200 (2-hour timeframe) or EMA 84 (4-hour timeframe).
Gold is bearish! On the 4-hour timeframe, I expect gold to first drop to the 2800 zone (EMA 89), then reject from this level and make a short bullish move towards 2850, before continuing its decline down to 2730 (EMA 200).
Given that Monday is the inauguration of Donald Trump and technical analysis shows me a bearish momentum, this is how I predict the market for the coming week. Don't rush into the market. Let it do its thing. Check the tradable levels and don't forget about risk and capital management. The market is bearish to the range of 2620-2630.
If the news on June 27 and 28 is against the USD, this is what will happen. Therefore, first a short position up to 2306 (can be up to 2297) and then a long swing position for target 2450. Let's see if the market is with us or against us.
The movement of gold has ended in its descending channel and in my opinion, we can expect gold to rise to 2500 after today's news. Let's see what happens!
As you can see, gold is in its descending channel and respects the trend lines. Now there are two views! If gold is rejected from the price range of 2332 to 2337, my target short position will be the price of 2268. If it can reach the supply range of 2358 to 2363 and be rejected from this area, the target of our short position will undoubtedly be 2246-2350.
On the 15-minute time frame, this will be my analysis of gold's behavior on Monday. As you can see, the downtrend was broken, the price pulled back and the triangle returned. Now is the time for the price to go up to 2423.
I did not trade today and waited to see the market movements. Now I can tell you with more confidence that unlike registering a new ATH, gold is probably now in a downward channel and its downward targets will be 2325, 2306, 2290 and 2275 respectively.
My preferred scenario for gold is this. It will go down to 2300 and then its next target will be 2360. Of course, don't neglect the reaction to levels 2320 and 2306!
Gold will reach 2320. This is my prediction. For now, nothing will prevent the growth of gold. trust me! It's a strange situation and I don't know why this growth is happening, either way, it's what's happening.
Hello traders, I see this new channel in the 15-minute time frame. As a result, I say that the short position targets will be 2225 and 2200, respectively. stay with me!
Well, as you saw in the previous analysis, the target of 2235 was achieved. cheers friends! On a one-day time frame, this is my prediction of how gold will behave in April. We will have two ath targets ahead. The first one will be 2250 and the second one will be 2278. After that, with the appropriate trigger, we will open a sell position at the high point of the...
Well, as you saw in the previous analysis, the target of 2235 was achieved. cheers friends! On a one-day time frame, this is my prediction of how gold will behave in April. We will have two ath targets ahead. The first one will be 2250 and the second one will be 2278. After that, with the appropriate trigger, we will open a sell position at the high point of the...
My new analysis is the blue channel. Although today was not a very good day, May led to the discovery of this. Anyway, I promise you that the long position targets will be 2190, 2200, 2215 and 2230 respectively. I hope it will be used.
Whether gold is currently moving in an upward channel or a downward channel is the question that has occupied my mind today. As you can see, it seems like gold itself does not know how the game is supposed to be. This made my predictions and analysis in my personal trading not correct today. I would be happy to know your ideas.
As you can see, gold is moving according to the previous analysis. My prediction is that it will reach 2186 by the end of today, March 25, and then it will take some time to rise.
This is my prediction of gold's behavior on Monday and Tuesday. As you can see, gold rejected well within the demand range and remained in its ascending channel. Now I expect it to touch the price between 2215-2235 dollars by Tuesday.
Take a look at my analysis to predict gold 4H chart trends. This behavior is not unexpected. We have to see what will happen in the coming days. I hope it will be used.