* **Timeframe:** 1-Hour (H1) * **Instrument:** XAU/USD * **Indicators & Levels Used:** * EMAs 9 & 21 period * Key horizontal support/resistance levels * Pivot levels (weekly, daily, monthly) * Marked **Buy** at 3322.365 and **Sell** at 3318 * Daily Open: 3372.775 * Daily High: 3414.790 * Daily Close: 3305.980 * Daily Low: 3286.805 --- ### 🔍...
From the 4H chart you posted, here's a quick breakdown first: Trend: We're seeing bearish pressure overall after a strong bullish leg. The price is under important retracement levels (0.382, 0.5, 0.618 Fib retracements). Key Levels: Strong resistance zone at 3340-3352 (aligned with Weekly Highs, Daily Highs, and a Supply Zone). Immediate support around 3290...
🔍 Short-Term Forecast for XAU/USD Current Market Context: Price: $3,227.375 (currently) Recent High: Around $3,328 Structure: Strong bullish rally with minor retracement. Currently consolidating under a key resistance zone. Fib Levels: Price has respected Fibonacci retracement and extension levels, particularly 0.618 and 0.786. Volume Delta: High macro delta...
Okay, let's break down this XAU/USD 1-hour chart and factor in the potential impact of US-China tariff news. Chart Analysis (1-Hour Timeframe): * Trend: The chart displays a clear short-term uptrend starting around April 10th. The price has made higher highs and higher lows. It's currently trading above both the white (likely shorter-term) and green (likely...
Recommende buy level 3046 Recommended sell level 3030 Bullish Momentum Early Week: The pair started the week with strong bullish momentum, continuing the trend from the previous week. Concerns about the global economy and geopolitical factors fueled this upward movement, with XAUUSD testing and breaking above the $3110 level, reaching new record...
Entry 2990 Last week's price action in XAUUSD was dramatic. Initial surges, driven by tariff announcements, propelled the pair to record highs. However, this was followed by a significant correction, leaving the market in a state of uncertainty as we enter the new week. Considering the current market context (tariff implications, upcoming US economic data,...
Gold weekly forcast with both Buy and sell levels gold in an uptrend all week from last weeks buy level it ran 553 pips wit little to no drawdown. For this week we are looking at 2 levels for both buy and sell entries . For a buy ill look at entering at 3091 expecting 3098 to 3100 as first resistance , if we brreak we can expect 3112 as next resistance on the...
Gold weekly forcast with both Buy and sell levels gold in an uptrend all week from last weeks buy level it ran 553 pips wit little to no drawdown. For this week we are looking at 2 levels for both buy and sell entries . For a buy ill look at entering at 3091 expecting 3098 to 3100 as first resistance , if we brreak we can expect 3112 as next resistance on the...
This week we are looking to sell Gold down to previous resistance which aligns with Fibonacci 0.382 level for a sell total pips of 309. When we reach our take profit we will go back into a buy at 2994 and a take profit target of 3053 for an additional pip count of 588 pips. Trade idea is based on higher time frame and uses trend lines as well as support and...
Gold weekly forecast with both buy and sell entries. Friday Gold sold off from 2334 all the way to 2300 for a drop of 334 pips before retracing up to where we are now at 3024. What can we expect for the coming week ?. My plan is as follows. For a buy I would look at entering at 3032 expecting first resistance (marked in red on chart ) to be 3038 to 3040...
Last week he had a trade from 2880 that ran for 1244 pips congragulations if you took it. This week we are looking for a sell then leading into a buy at previous resistance. Current Price Action: Gold is trading near $2,984, slightly rejecting resistance. The price is respecting the ascending channel with higher highs and higher lows. Support & Resistance...
Gold has achieved new all-time highs this week, breaking the 3000 level before retreating to 2982. As we look ahead to the coming week, I've outlined key buy and sell levels on this 4-hour Gold chart, along with potential entries. For a buy, consider entering at 2988, targeting 2990 as the first resistance. If this level is surpassed, the next resistance range...
See latest update on Gold for the coming week. For a buy am looking at entering at 2914 expecting 2920 as first resistance. For a sell ill look at entering at 2904 and expecting a move to 2889 as firat resistance. Short idea this week as have other commitments but ill update when i get a chance in the coming week.
Back this week with another swing trade. Looking to buy at 2880 , this was previous support structure. My conformations for this is based on wekly, daily and 4 hour trend lines plus the fibanocci level of 0,382 is right on my entry point. I do these trades up based on technical analasis and my advice as always is go small be prepared for some drawdown and use...
Am looking for Gold to initially rise at market open, I think the disaster which was Trump diplomatic meeting will have an effect on the price of Gold. My stratigy would be to buy until 2879/80 and expect the rejection at 2880 down to 2811 for a total of 200 pips on the buy and 670 pips on the sell. Trade is base on higher time fram support and resistance plus...
Oil weekly cahrt with both buy and sell levels High probability of some high impact news this week be carful For a buy am looking at entering at 70.20 , expecting 72.00 and 73.40 next. On the sell side looking at entering at 69.30 expecting 68.80 and 68.30 levels . 1 hour chart i like the buy side this week but of course wait for conformation. Check out my...
Gold finally delivering its first red candles last week , what will the next week give us ?. Looking at the weekly the bulls appear to be exhausted so we saw a decline in the last 4 days of the week. 2955.5 will be a level to watch in the coming week . For the coming week we can buy at 2864 which you can see conforms to the paralell channel drawn 2871,2884 will...
Gold has been making new all-time highs almost daily but are the bulls showing signs of exhaustion ? The chart below has the levels I'll be watching this week. See my other chart linked below for a swing trade idea for this week. On the buy side ill look to enter at entering at 2944 expecting to hold until 2974 area, of course take profit on the way. On the...