VizeCapital

VizeCapital

Technicals: For me personally Gold is too high to buy and too bullish to sell, so i need to see a pullback back down into one of my zones. Fundamentals: Fundamentally nothing has changed, there is no data driving the market down, we do however have the US GDP data release later today that can give us a pullback to go higher, we also have the Jobless Claims for...

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The target from yesterday was hit just now. TECHNICALS: Daily, 4h and 1h timeframe all still bullish, there is no reason to move against the trend, the trend is your friend. Today we can see that we have formed a new volume buy zone where can look to execute our longs. We can expect a pullback back into the zone then after getting our confirmation candle we...

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TECHNICALS: Ons the daily timeframe we had a strong bullish closure, the 4h is still showing signs of potentials upside. Combining the daily and the 4h timeframe i am still cautiously bullish at the moment. On the 1h timeframe we can see a volume buy zone around the price point of 2500. I expect a push lower to that volume zone to take out the early buyers. ...

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Looking at the technicals gold is still very bullish and we can wait for the pullback to finish for us to capitalise on the longs. Fundamental key points to look out for: - Gold prices stuck after reaching a historic high above $2,500; traders anticipate the Fed’s next move at Jackson Hole. - Powell's upcoming speech at Jackson Hole may signal a rate cut,...

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Friday gold finally broke higher and created a new ATH. The current market sentiment is still extremely bullish and we can expect Gold to keep moving bullish today, technically we can see that ons the daily, 4h and 1h timeframe we are creating HH and HL’s. I want to see a nice pullback to the 50% of my daily en 4h zones to create a HL and then from there on we...

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Good day Gold tried pushing lower 2 times now without it succeeding. The bullish market sentiment remains very strong despite inflationary data being released, this confirms to me that we might see a new all time high in the next few days.

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Market structure on the daily, 4h and 1h timeframes remain bullish. On the chart you can see 2 possible buying zones to continue going long. I will wait for the market to tap into the zones and then give me my confirmation to go long. As for fundamentals today we don’t have anything of importance. But later in the week we do have some economic data releases that...

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Yesterday we had a nice push on Gold causing the daily candle to close very strong bullish. After a close like that we can expect a pullback to happen and only after that see the continuation higher. On the 1h timeframe we broke the previous lower high and formed a new higher high. What I can see is that the 61% Fib levels aligns with my top 1h volume buy zone....

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We tried breaking the buy zone but failed to create a lower low. we then broke back above the buy zone creating a support to go higher. I am looking for the market to go long into 2412. We can start looking at sells again once we break below 2381.185 when we create a lower low, then I will look for sell zones once again. Fundamentally, we only have the Jobless...

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Looking at Gold today we can see that yesterday we had e very decent pullback back into a volume sell zone to possibly continue moving lower. Looking at the fundamentals we do not have anything on the economic calendar today that will have a big impact on the price of gold. Gold already started moving away from the sell zone (about 60 pips). For me personally i...

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Overall Gold is still in a bullish trend, for us to start trading bearish we need a strong daily bearish closure. On Friday following the NFP data release gold started pushing up and then had a huge drop. The data that was released is deflationary making it bullish for Gold. Now we can see that we have 2 volume buy zones, I will look to see in which zone I get...

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The NFP release was very deflationary printing a number of 114k much lower than the forecast and that is bullish for gold. We currently had a pullback down to our top 1h volume buy zone, if we can get a pullback deeper into the zone I will then wait for the market to give me my confirmation candle to take the trade. Alternatively if we break lower we have the...

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Good Day Yesterday's long prediction played out perfectly from our 1h volume zone and today looks like another good setup. the marked pushed up during early Asia session and then started pulling back and pick up selling volume in London session. Today we can expect the market to continue with the bullish trend as there is nothing that suggests otherwise. 2...

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Yesterday we had a very bullish close on the daily timeframe indicating to me that gold might want to start its push up again. Today however we need to consider that it is a day with a lot of fundamentals that can play push the price of gold up and down, not giving us a trade that is worth the risk. if we just take a look at the daily, 4h and 1h timeframe and...

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Today we can expect a pullback back into our sell zones to continue going lower. We had a nice push down after trying to go higher allowing the daily candle to close very bearish, we need to first have a pullback higher to make a higher daily wick to continue lower. The higher pullback will hunt stop losses that sit higher to get taken out giving us the liquidity...

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Gold continues to move lower, but first we need a pullback to continue even lower. I will be looking for a pullback back into my volume sell zone to then look for the confirmation to take a sell. At the moment there is no news that drives the price of gold so we will be looking at only technicals to confirm our direction (Daily and 4h timeframe). Wait for...

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XAUUSD gave us the much needed pullback to continue going higher. I am cautiously bullish at the moment. We have moved into the lower end volume buy zone, currently waiting to see if we can have a bullish close above the previous structure (horizontal line) and then waiting for the retest to move higher. If however we start closing bearish below the zone we can...

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The price of gold made a new ATH yesterday. We do know that after Jerome Powell last spoke he was dovish with his speech indicating to us that we might see a rate cut in September. This is fueling gold to move higher. Until we get a different response from a FED official I do believe we will continue moving higher. As for fundamentals today there is nothing...