courtwann

courtwann

Price Update! What a great week of gold gains! As per last week's analysis, only buys were considered at key levels, I hope you all followed along. This week I have included my actual analysis report after the trade plan for all to consider. 🌍 Market News Update Next week’s economic data may provide mixed signals, but the increase in unemployment claims points...

courtwann Updated 

🚨 Price Update 🏅 Gold remained in a range this week with a low of $2625.00 and a high of $2673.37 🌍 Market News Update This week’s news is likely to exert downward pressure on gold, especially if CPI and PPI figures reflect lower-than-expected inflation. Hawkish signals from the FOMC minutes and labor market strength would reinforce this bearish outlook. 📊 NEWS...

courtwann Updated 

Price Update! 🌍 Market News Update This week’s economic data is expected to exert downward pressure on gold, with retail sales and labor market strength potentially bolstering the USD and reducing demand for gold as a safe-haven asset. 📊 NEWS THIS WEEK 🏦 Mon, Oct 14 Bank Holiday! Thu, Oct 17 🔴 Core Retail Sales m/m Forecast: 0.1% | Previous:...

courtwann

🚨 Price Update: 🏅 Gold prices hit a new high, surging to $2,685.26 📈💰 🌍 Market News Update Expect downward pressure on XAUUSD this week due to strong employment figures and steady economic indicators if actuals are same as forecasted. 📊 NEWS THIS WEEK 🏦 Tue, Oct 1 🔴 Fed Chair Powell Speaks - Hawkish remarks may strengthen USD, bearish for gold. Wed,...

courtwann

📊 XAUUSD Mid-Week Trade Plan – September 25, 2024 🚨 Price Update: 🏅 Gold prices hit a new high, surging to $2,670.00 📈💰 due to rate cut talks and Middle East tensions. 🌍 Market News Update: 📉 US consumer confidence dropped, leading to lower Treasury yields and a weaker dollar. 🇨🇳 China’s stimulus boosted global markets, driving up metals and mining...

courtwann Updated 

🚨 This Week's Trade Plan🚨 📉 Overview: We anticipate price action to test Sell Entry 1 around $2,625.75 and possibly $2,632.37 before a drop toward the buy zones. The sell trades have targets at $2,599.31 and $2,587.87. Once price reaches the buy entry zones of $2,599.31 and $2,587.87, we expect a bounce upward toward $2,622.00 and $2,645.54. 🔽 Sell Entry 1:...

courtwann

📊XAUUSD (Gold/USD) Analysis – September 22, 2024 🚨 Price Update: Gold is currently trading at $2622.18, nearing recent highs at $2625.75 after a sharp rise.📈 🔑 Key Levels: Resistance: $2625.75🔴 – Major resistance; this is the current high where sellers may re-enter. $2650🔺 – Next potential level if bulls continue the momentum. Support: $2567.27🟢 – Key...

courtwann

🚨 Price Update: Gold is currently trading at $2572, near key resistance! 📈 🔑 Key Levels: Resistance: $2589.65 🔴 Major resistance; the market shows signs of sellers stepping in. $2576-$2580 🟠 Next level to watch for, indicating potential for a further pullback. Support: $2523.53 🟢 Critical support level with heavy volume buying. $2514.87 🟡 Minor support where...

courtwann

📊 Looking Ahead: Key Economic Events for Sep 15 - Sep 21 🟡 Mon, Sep 16: 1:30 AM: US Empire State Manufacturing Index: A slight improvement is expected (-4.1). Manufacturing trends might indicate broader economic health. 🟢 Tue, Sep 17: 1:30 AM: CA CPI m/m: Inflation updates are crucial. Expected low at 0.1% (from 0.4%). 2:15 AM: US Industrial Production m/m: A...

courtwann

📊 XAUUSD (Gold/USD) Analysis – September 15, 2024 🚨 Price Update: Gold is currently trading at $2579, just below its recent all-time high of $2586.05!📈 🔑 Key Levels: Resistance: $2586.05🔴 – New all-time high, bulls are testing this critical level! $2600🔺 – Major psychological barrier, will gold finally break through? Support: $2521.54🟢 – Key support level,...

courtwann

🚨 SELL SIGNAL POSTED 🚨 🔴 SELL 📍 Entry: $2565.8 - $2567.8 🎯 Take Profit 1: $2564.8 🎯 Take Profit 2: $2563.1 🎯 Take Profit 3: $2554.1 🛑 Stop Loss: $2574.3 💡 Sell Trend: We are expecting downward momentum. Enter within the range for the optimal setup. Manage your risk by setting a stop loss at $2574.3 to protect your capital. Once TP 1 is hit, consider moving your...

courtwann

🚨 This Weeks Trade Plan 🚨 🔽 Sell Entry 1: $2,513.67 🔽 Sell Entry 2: $2,488.35 📉 We are expecting a drop after the current pullback. Price may retest near $2,488 before continuing downwards. 📊 Key Levels: Sell Entry 1: $2,513.67 – Ideal for early sellers looking for confirmation of rejection at this level. Sell Entry 2: $2,488.35 – Safer sell entry after...

courtwann

📅 This Week's High Impact News for Gold (XAUUSD) 🏦 I will be watching forecasts on: Wednesday, Sep 11 🟢US Core CPI (m/m) & CPI (y/y) 📊 Inflation data! Lower-than-expected results could boost gold as a safe-haven asset, while higher inflation could reduce demand. Thursday, Sep 12 🔴 EZ Main Refinancing Rate & Monetary Policy Statement 💶 Any hints of higher rates...

courtwann

🚨 Price Update: Gold finished off last week trading at $2,497, hovering around the POC! 📉 🔑 Key Levels: Resistance: $2,515-$2,526 🔴 Major resistance; sellers are stepping in. $2,531 🔺 High level if bulls can push higher. Support: $2,454 🟢 Strong support – buyers holding this zone. $2,430 🟡 Minor support, if it breaks, we could see a move down to $2,410-$2,364...

courtwann

Since October 2022, Gold has demonstrated a persistent upward trend, characterized by a well-defined channel on the weekly chart. However, May 2023 witnessed a significant structural shift as Gold broke its established pattern on the daily time frame, leading to a support-resistance flip. The resistance level now stands at 1980, while support is estimated around...

courtwann

Gold Is currently in the middle of a downward regression trend on the 4hr, price could go either way. Kitco Forecasts for this week suggest Wall street is 42% bullish, 21% bearish and 38% neutral and Main street appear to be 52% bullish, 26% bearish and 21% neutral. Plan for both long and short opportunities, Asia session presented great scalping range trade...

courtwann Updated 

Since October 2022, Gold has demonstrated a persistent upward trend, characterized by a well-defined channel on the weekly chart. However, May 2023 witnessed a significant structural shift as Gold broke its established pattern on the daily time frame, leading to a support-resistance flip. The resistance level now stands at 1980, while support is estimated around...

courtwann Updated 

Since October 2022, the XAUUSD (Gold) has exhibited a consistent upward trend within a clearly defined channel on the weekly chart. In May 2023, Gold experienced a significant structural shift as it broke through key levels of support and resistance. The resistance level is now established at 1980, while the support level is estimated to be around...