Gold - XAUUSD is still neutral but well after the FEDDespite the highest rate hike by the FED since 1994, gold is holding up pretty well so far. It exhibits neutrality at the moment. However, despite that, we remain bullish on it with price targets at 2100 UDS and 2300 USD.
Illustration 1.01
The picture shows how BTC started to lose its market dominance.
The Celsius Network, run by Alex Mashinsky, paused withdrawals, swaps, and transfers on its platform a few days ago. Unfortunately, that is a substantial blow to over 1.7 million platform users, leaving their 151 534 BTC locked away. The company's statement says:
“Due to extreme market conditions, today we are announcing that Celsius is pausing all withdrawals, Swap, and transfers between accounts. We are taking this action today to put Celsius in a better position to honor, over time, its withdrawal obligations.”
We view this as a very positive development for gold as this recent event shook the confidence of cryptocurrency investors and hinted at the risks associated with investing in cryptocurrency institutions, projects, etc. We expect more capital inflows into gold from the cryptocurrency sector as it will continue to plunge lower.
Technical analysis - daily time frame
RSI is neutral. MACD and Stochastic are bearish. DM+ and DM- produce whipsaws, hinting at the neutral trend. Overall, the daily time frame is neutral.
Illustration 1.02
The total cryptocurrency market cap plunged below 1trn. USD.
Technical analysis - weekly time frame
MACD and Stochastic are bearish. RSI is neutral. DM+ and DM- are bearish. However, ADX suggests the presence of a neutral trend. Overall, the daily time frame is neutral.
Illustration 1.03
The picture shows a bearish breakout below the sloping support/resistance. Ideally, we would like the price to retrace above the sloping support/resistance.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
D-GC
GC Daily Down Gartley has been hitThe GC daily time frame is in a large up trend.
The market is now hitting the up trend line. The
market just hit a down Fibonacci Gartley extension.
If the buyers are going to take control. Now is the
perfect time for it to happen. It will be a good
idea to turn to the one hour time frame and to
look for low prices in the buy zone.
Gold 4 hour = gold still in 3angel , it can crash ?today gold touch down trend line then on evening news it goes up and touch SMA200 1hour ,but dow going up push gold down
i have open sell from yesterday SL on last high + buyatop on high , so you can put sellstop in low ,buystop in high , if it can break down and 1800 can crash wild to 1700 , so be carefull and DONT USE HIGH SIZE , DONT REMOVE SL , GOLD WILL EXPLODE SOON
predict=
60% it will goies down
40% it can fly up but need big news
if you have buy ,100% put SL or hedge sellstop in low , on gold break low(or high) mean down trend (up trend) will start
if your sell open , dont close it sooner than 1700
GOLD - The "Disinflation" Narrative Central Bankers enjoy using the "D" word.
Apparently, Bury does as well.
Oh no - WCPGW.
A lot.
With CBDC's set to rollout well in advance,
all alternatives must be taken out back and
punished.
It's coming.
Russia doesn't export Gold, they are a Net buyer of Size.
Bullish?
No.
Doorstop Yellow Dog laden with fleas will be shaken not
stirred, Wall Street wants the Fill.
Gold - GC Throw it a BoneGold is a relic of the Old World Odor.
Be nice if it were not eh?
It's a Pool of stability in a very unstable
series of Global arrangements.
We've had 3000 Open for going on years
now.
Surprise us already.
Shake the fleas off the Yellow Dog and
break the range.
Uncle Buck and Yield will wreck the relic.
Gold 4 hour =3angel break , looking for sell buystop on pinbar ALERT = GOLD CAN CRASH TO 1550 (weekly chart say this) 100% put SL and never never remove it , eat 50% SL not bad here show skill of trader (touch ,remove SL show week trader ,soon or late will margincall and 0.00)
yesterday gold break 3angel as i predict true?, now it going to red fibo 61% ,then little can go up (near 1836 we must looking for sell after OK VERFY condition comes(pinbar on higher time , or last trendline break in 15min chart)) ,,, in other side if gold go downer above green arrow near 1800 when OK comes we must pick buy (SL=pinbar low)
if news come and gold fly up , if price break pinbar high mean trend switch , we must put buystop on pinbar high , always break high , pinbar high mean 90% gold +up trend coming , it can go to 1920(daily fibo 61%)
if you have sell like me , dont hurry up for close , hold it 7-8 day (after 10.00 point move sl to open price,let it go) gold can go to 1700
if you have open buy (why you dont put SL in last low? in gold when last low break,mean 90% trend will comes) near 1835 hedge your order or close your buy or put SL in today low , gold can crash (dow,dax can going up now)
goood luck
Gold Futures Long IdeaThe GC one hour time frame is in an up channel.
The market hit the bottom of the channel and
is now pushing bullish towards the top of the
channel.
Entry: Counter trend line break bullish above
the bottom of the channel.
STOP: 1813.8
LIMIT: 1879.4
As long as the market stays above the bottom of
the channel. It will be a good idea to turn to the
five minute time frame and to look for tunnel
trader long / destination trader long / chandelier
trader long ideas towards the top of the one hour
channel price point 1879.4
Gold 1 hour : 3angel pattern say put buystop ,sellstop AC indicator on daily chart is green , if gold break last low (friday low 1833 ) and trend line will see 1800 , then if 1774 break it can start new down trend
let wait and see gold breakup , it depend DAX in morning,dowjones in evening and dollar index movments
note = above green arrow , under red arrow (i show on chart) after OK verfy come (pinbar on higher time or trend break in 15min), we can pick buy or sell with SL near 10.00 point or high/low
good luck , i put this buystop,selllstop too
GC one hour time frame channelThe GC one hour time frame is in a sideways
range. The market is near the bottom of the
range showing signs of a potential bullish push
towards the top of the range.
Entry: Counter trend line break bullish above
the bottom of the sideways range.
STOP: In the sell zone below the low before
the entry.
LIMIT: 1882.1
As long the market stays above the bottom of
the sideways range. It will be a good idea to
turn to the one five minute time frame and
to look for tunnel trader long, destination
trader long, and or chandelier trader long
ideas towards 1882.1
Gold 1 hour : buy pinbar break now we must put Sell stop in low i pick buy in gray arrow after pinbar comes in 4hour chart , but crash on dowjones in evening push gold down (AC daily is red, for buy we must wait)
now pinbar break , this mean down trend can start , we can put very very low size sellstop in low with sl on today high
if you have open buy , 100% put SL under today low , break low can start down trend
if you have sell , wait more and put SL in 1832
above green (red) arrows after OK verfy come ,we can puck buy again for hold to high
ALERT= 1785 LOW IS VERY IMPORTANT , BREAK IT CAN CRASH GOLD TO 1550
wish you win
Gold weekly chart : gold can see 1550 and 2400 ?weekly chart not important on gold analyse for day traders but it can give long term view , now gold show if gold break green line , can start big trend to 2400 area
but if it break llow , can go downer to fibo 61% near 1550 ( best buy place for long term invest) then will go to 2400
let wait and see what happend , but this chart show us we 100% must put SL(in 4hour low,high) and never remove it , gold have potential to explode
eat 100 SL with low size better than remove SL
Gold 1 hour say: pick buy , OK verify comes on gold finaly OK verfy come , we can pick buy now but very low size with SL in pinbar low (30-40 pip under low)
70% gold will go up to fibo 60% or fibo 161% so dont close buy soon , after 10.00 pointmo e SL to open price,let itgo upper
30% go downer (need bad news) will break low and will go downer so 100% put SL and never remove it , eat SL better than margincall (we must wait to next green arrow in 1792)
note = under red arrow after OK comes we can sell too (OK = pinbar on high timeframe chart or price break last trend line in 15min chart)
if you have old buy , 100% put SL(or hedge sellstop) in low , near 1852 hedge your buy in gold if low break, 90% it will go downer (start down trend)
good luck
Gold - Short term neutral/slightly bearish, long term bullishGold remains resilient against bearish fundamental factors like higher interest rates and economic tightening. Meanwhile, it enjoys support from persistently high inflation. On 15th June 2022, the FED meeting is set to commence. Moreover, the FOMC is expected to raise interest rates in the U.S. by at least 50 basis points. In our opinion, this poses a threat to gold, the stock market, and the cryptocurrency market. However, we do not foresee much downside for XAUUSD from the current price level. With the FOMC approaching, we would not be surprised to see increased volatility in gold and even a possible retest of the support at 1786.785 USD. Despite that, we remain cautious; furthermore, we will monitor the price action closely throughout the week. Our price targets stay at 2100 USD and 2300 USD.
Illustration 1.01
The picture shows a decline in selling pressure reflected in declining volume.
Technical analysis - daily time frame
RSI, MACD, and Stochastic turned bearish just recently. DM+ and DM- produce whipsaws. A relatively low value in the ADX suggests a neutral trend. Overall, the daily time frame is slightly bearish.
Technical analysis - weekly time frame
RSI, MACD, Stochastic, DM+, and DM- are all bearish. Overall, the weekly time frame is very bearish.
Illustration 1.02
The picture shows simple support/resistance levels.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
GOLD 4hour : fear of increase rate flyup dollar index gold cant create clear PINBAR we cant pick buy yet , now it can go to 1800 area
i am waiting OK verfy (buy pinbar on high timeframe or last upper trendline break in 15min chart) comes for pick buy around green arrow
see AC indicator daily , it going to red,sell
Alert= becouse bad rate news is behind , dont pick buy without OK verfy + SL in day low , break low mean gold can go downer
good luck , dont hurry up for pick posation,,,, some times no trade is best trade
Gold 4 hour :it is in start of big +up trend to 2015 then 2100 ?technical say gold can see fibo 61% 2015 soon , if it can break 2020 will fly up to 2100 trendline
for coming week above friday low (if not break by news) we must looking for buy in new deep , after OK (pinbar in higher time or last upper trendline break in 15min chart) we must pick buy for hold to 2015
if you have old sell , dont open new sell , close all in near 1864 (after OK comes pick low size buy)
IN MOBILE FOR BETTER VIEW DETAIL ALWAYS USE CHROME (DESKTOP VIEW)
good luck
GC - Gold MonthlyAnother rapid decline is ahead for the Shiny Rock with no utility during the Hunger Games.
In real terms, the Yellow Dog has failed again.
Believe...
$259 Trillion in Debt combined - I'm sure it will be fine.
ps. Taco Bell does not accept Gold, although rogue employees might, they'll be fired.
Gold 1hour : news switch trend to buy , dont pick reverse sellgold frist break 3angel , on evening news it fly up ( i 100 time say you gold love buy)
my sell eat SL now my buystop is open , i will hold it to 1900-1920
if you cant pick buy , wait for pullback then buy (100% put SL in last low , breaking news not in my hand)
note = technical say on daily chart , gold can start big up trend to 2100 ok? but under red arrow we can sell but after OK verfy come = pinbar on high time chart or trendline break in 15min chart (for sell in gold always use very low size, sell is dangrous on gold )
goodluck