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GOLD next 2 years analysis ⏰ macro Hello 👋 it's me your RAJ 🙂 professional trader ✨ This idea 💡 is completely my own analysis on GOLD TVC:XAU 🪙 How this comodity valid for long term 📌 explained as per technical clearly 📌 #DYOR Note 👉 I am analyst and trader on cryptocurrency BITSTAMP:BTCUSD & stocks I don't know about comodity market much , but my friend asked to do analysis 📌 based technical analysis ⏰ so I am providing here 🙂 :: in cryptocurrency to analyse any coin we check ✅ volatility , fundamental and some points In GOLD i Don't know what to check and how follow and depth fundamental also so PPL 📌 who knows well ❤️‍🩹 keep in comments box 📍 i learn and i improve my work on commodity market Present i am submitting technical analysis #TA based on my view 👀 I am bearish 📍 🐻 in next 1yr and expecting new high 2025 end 📌 2026 mid year Invalid 📌 When weekend close below $1600 Best area to fill bag 💰 BUY 📌 $1680 - $1780 is best accumulate zone 📌 ( 1680/1780 ) My target 🎯 was $2200 - $2400 🔥 1680/1780 >> 2200/2400 || stop 🛑 weekend below 1600 👍 This is what I am expecting on GOLD based on technical analysis 📌 what point i have considere as per fundamental and what news 🗞️ I have to cover pls let me know 🙂 🪩 disclaimer : ▶️ TQ u for supporting 💚 follow idea 💡 get updates everytime ⏰ when I updated 📌 Note 👀 👉 keeping comments , reacting with emojis , pointing us is very easy to some people They think 💬 what they see 📌 that was knowledge 📌 We need to learn market in many ways and should get adopted with experience, TECHNICAL ANALYSIS won't help understanding market structure and understanding bull 🐂 and bear 🐻 is more important Economical conditions Fundamentals Technical News Sentiments Checking macro to micro having good plan and build it is very important ☺️ Some Times market easily turn suddenly bear // bull 🤣 even we need to catch 🫴 those movements is also very important ☺️ 💛 I hope i cleared my view 🙂 if any points if I miss I will add in update 📌 post Try to understand, try to learn - try to move with flexibility with market is important Have good day 😊 🧵👉
COMEX:GC1!Long
by raj5_7_5
Natural gas will go higher!So, we are back with another trend analysis and new support/resistance levels. We have had a major pullback from our latest resistance level of 3 back to around 2.8~. Which is fine, its natural. But I still strongly believe in a major bull run and upside in natural gas, which is why I believe we have to go higher, and we will in the last 2 quarters of 2023. We have resistance level around 3.3~ - this was tested back in October/November 2020 and most recent around January 2023. This is my first target price (TP 1). What happens after this is hard to guess at this point of time. Will we have another energy crisis? What about the war in Ukraine and Russia? My best guess is that we will go higher after reaching 3.3 – but only time will tell. Let me know what you guys think! Good luck!
CAPITALCOM:NATURALGASLong
by Hvalp
7
GOLD Market updateHi friends, I hope y'all had a fantastic weekend! Today, we're looking at a possible bullish uptrend to the 2nd Daily Key Lvl and 21 MA. Reason being, the price has reached the previous mini bearish half a bat patterns 3rd level. Usually when the price has reached the level, it forms a reversal pattern to confirm it. So, we're looking at two possible bullish reversal patterns that will likely form. Currently the price wants to form a bullish half a bat. If it bearish bounces off the 3rd Daily Key Lvl or Mini Monthly Neckline with a bullish reversal candle pattern, it will dis-confirm the half a bat pattern, and we'll be looking at a head and shoulder pattern formation that will lead to the bullish uptrend we're anticipating for this week. That's it for today. I hope y'all found value in this article. If you have a different concept in mind, feel free to share it in the comments section, I'd love to know your thoughts! Stay Blessed, Sphatrades.
FOREXCOM:XAUUSD
by Doji-2k1
Gold Weekly Technical Analysis 27/06/2022On an hourly scale, the gold prices are trading in a symmetrical triangle that signals a slippage in the volatility. The upward sloping trendline is placed from June 14 low at $1,805.11 while the downward sloping trendline is plotted from June 16 high at $1,857.88. The greenback bulls are defending the 50-period Exponential Moving Average (EMA) at $1,828.75. Meanwhile, the Relative Strength Index (RSI) (14) has shifted into a 40.00-60.00, which bolsters a rangebound move ahead.
TVC:GOLD
by OAurthor
Silver Weekly TimeFrame Analysis 01/02/2021as we can see we have few resistance areas and a heavy zone before reaching our Fibonacci projection parallel leg levels and we have specified it as our TP areas if the price continue its rally in the specified Chanel the Arrows so does the date for our TP occur ON time as we have specified them by Fibonacci time Zones i believe this commodity is under valued so we have some chance to purchase it and invest on it it has a long term horizon yet worth of thinking abut it please comment your opinon
OANDA:XAGUSDLong
by BitonGroup
6
GOLD Falling Within A ChannelGOLD has seen some tough weather lately. I think the pain is far from over. After producing a fake break out with a double top only two weeks of days ago, gold is falling again. It's to be expected that risk in the markets is going to decline with the inauguration of Biden soon, leading to a decrease in the demand for gold. I've marked two areas of potential support on the chart, S1 and S2. S1 placed at the most recent low and S2 placed at $1700. Consider S2 a longer term target. Happy trading!
OANDA:XAUUSDShort
by FieryTrading
32
Brent Oil Broken Through Important ResistanceIn the last couple of days, BRENT oil managed to break through an important resistance area around $53 (now the new support). Since OPEC's largest producer has decided to unilaterally cut down production, it's to be expected that other OPEC members will follow. Less oil produced = higher price, assuming the same demand. With corona vaccines being used all over the world now, the expectation is that demand will grow further. Less supply + more demand = price goes up. The next two targets for BRENT are $60 and $66, potentially even $70 next month. Happy trading!
OANDA:BCOUSDLong
by FieryTrading
1
GOLD Break-Out: Strong Bullish SignalYesterday, Gold broke out of the channel which it has been following since early August. The break out was produced by a massive candle of more than +2.3% in a day, which is rare for Gold. Considering the prior, I see the commodity gaining more strength in the coming days, potentially rivaling the all-time-high in the near future. I've marked two areas of resistance on the chart where I expect a lot of bearish pressure, although I'm quite sure Resistance 1 won't be any issue.
OANDA:XAUUSDLong
by FieryTrading
2
GOLD 1D - info !!!-> What has happened? -Technology stocks, which are popular this year, have been up for a second week, but other key stock indices have remained resilient, with a weak dollar indicating that investors have confidence in the next rally. All of this suddenly collapsed yesterday, when European indices fell and the US dollar rose sharply, causing commodity prices to fall from gold to oil. === -> What are the reasons? the following reasons were key: - Technology stocks are extremely expensive - many ratios are approaching highs from the dot-com bubble - The offer of new Tesla shares indicated that these technology shares may be overvalued - European coronavirus statistics are deteriorating - new restrictions are being introduced - New reports have shown that large banks around the world have contributed to money laundering - The USD was exceptionally oversold by speculators (according to CFTC reports), with negative news closing some of these positions, triggering the sale of gold and silver === -> What's next? -This has been the sharpest correction since at least June and in some markets since March. At this point, this could only be seen as a cooling off of over-optimism, but a more pronounced decline cannot be ruled out. === -> Analysis: The price of gold broke the main 75-day moving average, which supported the rising trend. The point of support is not so clear now. The most likely point is the August 12 intraday low of $ 1,865, just above the 150-day moving average. Gold trades close to the $ 1,900 ounce level. Recently, gold has left the triangular formation. We see further support near the level from August 12 . However, the size of the March correction suggests that the price could fall to as much as $ 1,700 an ounce in the event of panic. However, such a decline could only come with a significant strengthening of the USD . ->Gold: - The recent declines are primarily the strengthening of the US dollar - The positions of large gold traders are not reduced as significantly as in February and March. ETFs are still buying funds - Recent history shows that during sales, gold may fall as the USD strengthens. In the long run, however, there is still a chance of continued profits - From a technical point of view, the market is settling from the breakthrough of the triangular formation.However, we expect more significant declines in gold only if the markets enter a "panic" mode. - History shows that corrections within the bull market are not exceptional. - The development of the positions of large traders and the purchases of ETF funds show that the market is not yet as frightened as in March. On the other hand, it will depend very much on the movements of the US dollar. -> If you have any questions or concerns, feel free to comment in the comments section. If you like my idea you can support it with like. -This is not financial advice. Trade safe!
TVC:GOLDShort
by erikpolakk
3