Gold Futures Technical Analysis Current Outlook: The price has dropped from its all-time high (ATH) and has reached our previously mentioned targets perfectly. The downward momentum continues toward 2475, as long as the price remains below 2526 and 2509. Especially if can stabilized under 2501 If the price remains above 2508, the bullish trend is expected to...
The XAU/USD pair on the H1 timeframe presents a Potential Selling Opportunity due to a recent breakout from a Ascending Triangle Pattern. This suggests a shift in momentum towards the downside in the coming hours. Possible Short Trade: Entry: Consider Entering A Short Position Below the Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be...
Based on our profitable private trading indicator, it generated us a very good buy signal showing us that XAU/USD (GOLD) will be heading to the upside towards the next resistance level! great buying opportunity.
Coming into this week on gold, we have a clear consolidation at the last major high. This suggests there is a significant amount of liquidity built above this high. We also saw a drop towards the end of last week, indicating that a sell-off may occur in the first sessions of this week. This is based on the principle that liquidity was starting to be taken, making...
DISCLAIMER: This is not trade advice. This is for educational purposes only to demonstrate how I am looking to participate in this market. There is significant risk involved in trading, do your own homework and due diligence. COT Strategy SHORT Gold (GC) My COT strategy has me on alert for short trades in GC if we get a confirmed bearish change of trend on the...
✅GOLD was trading in a Narrowing wedge and now We are seeing a bearish Breakout so we are locally Bearish biased and we will Be expecting a further Move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! GOLD broke out of the Narrowing wedge pattern And the breakout is confirmed So despite the fact that we Are bullish biased mid-term We will be expecting a Local bearish move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
taking sell trade for (xau/usd) from (entry) 2520.975$ to (target) 2504.200$ knowing that my stop loss is 2527.120$ SMC : CHOCH AND IMB SK + price action : Negative reaction to gold and the beginning of the formation of negative scions on the SK analysis system from the price action areas according to the school of price behavior. Where we notice the price...
Hi folks today I'm prepared for you Gold analytics. If we look at the chart we can see how the price rebounded from support 2 and dropped to the trend line, after which at once started to grow. After this, Gold quickly rose to support 2, which coincided with the support zone, some time traded in this area, and then broke support 2. Next, the price entered to...
OANDA:XAUUSD is showing clear signs of weakness after struggling under resistance at $2,525. The recent break of trendline support, followed by a pullback, sets the stage for a significant drop. A logical stop loss above the resistance and a target near the bottom of the trading range could offer a solid risk-reward opportunity. Expect a move below $2,500 soon.
Gold may have reached a record high on Tuesday, but it then handed back more than half of the day's gains to leave a long upper wick. The ATH met resistance at the weekly R2 pivot and the daily RSI (2) has formed a bearish divergence in the overbought zone. A momentum shift can be seen at the ATH on the 1-hour chart. A bearish divergence has also formed on this...
Can Gold’s Uptrend Survive Friday’s PCE Data? Gold prices slipped over 0.7% on Wednesday as the U.S. dollar rebounded, setting the stage for a pivotal close to the month with key inflation data on the horizon. Markets are bracing for the upcoming Personal Consumption Expenditures (PCE) Price Index, the Federal Reserve's preferred measure of inflation. The PCE...
Hello,Traders! GOLD is trading in an Uptrend and the price Is likely to make a local Retest of the horizontal Support of 2480$ but From there we will be Expecting a rebound and A further move up to Retest the resistance of 2530$ Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
FOREXCOM:XAUUSD In the past days, gold was able to successfully break the ascending triangle and grow well, but now, as you can see, gold formed a rising wedge pattern after the breaking of the ascending triangle, which finally broke this pattern, and now I expect it according to technical analysis. The price will fall to the support area and then grow up. ...
Hello traders, I want share with you my opinion about Gold. By observing the chart, we can see that the price some time ago started to grow inside the upward channel and soon reached the 2440 support level, which coincided with the buyer zone and broke it. Then it rose a little higher and then made a correction movement back to the 2440 support level, which moment...
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 A not long time ago price bounced from $2385 level and then entered to triangle, where it fell to support line. Then price made a strong upward impulse to $2475 level, thereby breaking $2385 level and exiting from triangle. After this movement, Gold entered to...
✅GOLD is trading in an Uptrend along the rising Support and the price made A nice rebound and is going Up now so we are bullish Biased and we will be Expecting a further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
This private trading indicator that is attached to our chart has forecasted that GOLD (XAUUSD) will be heading to the upside. Now is a great time to buy and we will be taking profit at a new resistance level. BUY NOW!