+340 Ticks GC one hour time frameThe GC one hour time frame is in an up channel
The market is near the bottom of the channel
showing signs of pushing towards the top of the
channel.
Entry: Counter trend line break bullish
near the bottom of the channel.
STOP: 1907.4
LIMIT: 1969.8
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
ideas towards the one hour up Fibonacci: 2002.7
Gc!1
❕❕❕ GOLD ❕❕❕ XAUUSD - 28 MARCH TRADING SETUPHello Traders,
This is My XAUUSD analysis pair for trading setup on the Asian session.
As You see on the chart there are trading INSTRUCTION, I will keep doing some update from time to another
If you like my opinion & analysis about GOLD (XAUUSD) feel free to share with me your opinions, and also your analysis & Follow me for more analysis and also keep watching
Have a nice trading & Enjoy!
Fall potential on Gold #options #ai #mlOption data and AI algorithm from analysis data from this market show the possibility of retreat from growth and switch to Bears taking control over. We have a powerful resistance (supply zone) around 2060, and Virgin VPOCs can be found only below the current price level (for a moment of writing analysis). Current option support is 1881 and this is a key level when it comes to potential closure of the downward movement. To Gamma Flip (whose exceeding will increase the volatility on the market) still far (1786), but it is worth observing what will happen on subsequent sessions. Falls will be negated after exceeding 1975.
I take into account all Expiration from the gold option, which are then treated by the Machine Learning script. AI in this case shows the main key levels on the market and conclusions from data analysis. They are exported to the Quandl base and then imported to TradingView. Data is also published every day a week, on my website. Remember - knowledge and data are power, in this case, increasing significantly a chance for profitable trading :)
+1,900 Ticks Bullish Push DailyThe GC daily time frame is in an up trend. The
market is at a low price hitting a known level
of U-turn. There is an up Fibonacci extension
above the market price point 2114.6 about
+1,983 ticks away. 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 1 hour chart : it is in way to 2000$ fibo 61%pinbar in 1hour chart , in next hours gold little can go down then going to 1960 , in 1960 we can see mini crash then new + wave will push gold to 2000$, in 20000$ again mini crash possible then (if big news not come) gold must reach 2100(sellimit place)
GC Long idea +1,500 TicksThe GC one hour time frame is in an up trend.
The market is below the short term down trend
line. It will be a good idea to wait for the market
to break and close above the short term down
trend line before looking for long ideas.
Entry: Counter trend line break bullish in the
buy zone.
STOP: In the sell zone, below the last low.
LIMIT: 2114.6
Once or if the market enters into the buy zone.
As long as the market stays in the buy zone. It
will be a good idea to turn to the five minute
time frame and to look for tunnel trader long /
destination trader long ideas.
Gold - Gold is on its way to new ATHGold broke above 2000 USD price tag. Geopolitical tensions and weakness in the general stock market continue to act as bullish catalysts for gold. Positive outlook for gold is also supported by a combination of bullish technical factors. Because of that we would like to set a new short-term price target for XAUUSD to 2025 USD. Additionally, we would like to set a medium-term price target to 2100 USD; and long-term price target to 2300 USD.
Technical analysis - daily time frame
RSI reached a strongly overbought condition which reflects extreme strength of the bullish trend (this phenomenon is similar to one that is occuring in the oil market and we warned about this previously). MACD and Stochastic are also bullish. DM+ and DM- show bullish conditions in the market as well. ADX exhibits steep growth which indicates the prevailing trend is getting extremely strong (however, it also shows a warning signal). Overall, the daily time frame is very bullish for gold.
Technical analysis - weekly time frame
RSI reached an overbought condition which signals a warning. MACD, Stochastic are bullish. DM+ and DM- are bullish too. ADX shows strengthening of the prevailing trend. Overall, the weekly time frame is bullish.
Please feel free to express your own 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 serve as a basis for taking any trade action by an individual investor. Your own due diligence is highly advised before entering trade.
GOLD 4 hour all eye looking for pinbar on gold , it love pinbar pinbar on gold in 1hour , 4hour , daily chart is very important ,gold 90% reaction to higher time frame pinbar
as i say in morning ,gold will see wild zigzag , mini crash and fly up ,true?
advice for coming hour = wait , wait , wait until red,green arrows ok? (if you cant) 90% looking for buy in deep , if today high break ,door will open to fibo 161%=2033 (we can put buystop on high but very very low size and SL in last low) personaly i prefer wait to pick buy above green arrows for hold 7-8 day
if you have sell (against my advice) you must put hedge buystop on today high ,always in gold break high is buy signal for gold traders ,understand?
if you have buy , put tp under fibo 161% near 2033 (if you eat SL dont pick new buy , wait green arrow area = 1950 and 1920
sell butterfly pattern on weekly chart
prnt.sc
ALERT=gold can go to 2400$ see my 2 days ago , monthly chart analyse
www.tradingview.com
Gold= 3 angel pattern on daily chart as predict yesterday gold touch fibo 61% ( it love fibo 61% and 161%)
now gold can go down in coming days (dax,dow can go up) in green arrow we can pick buy with sl=10.00 point
in SMA200 1hour near 1907 we must put low size buylimit with sl=1900$ trailstop=10
if 3 angel and sma200 1hour (light green line) break,(put sellstop posible near 1903 but very low size and SL ) we must wait to 1855 area
ALERT=if last high break(put low size buystop 1948 ) ,gold can fly up to 2033 so still we dont advice pick sell , 90% looking for buy in deep
good luck
GC gold FUTURES long signalsGC gold FUTURES long signals the probability of the buy signals is much more important than sell signals, I highly recommend looking for long trades,
the red line is very important if the price breaks it with force and volume we will have i high probability that the market will touch a new peak that the never reached before, professional view.
Title: Gold Futures (GC1!), H4 bullish continuation! Type : Bullish continuation
Resistance : 1975.3
Pivot: 1904.1
Support : 1890.5
Preferred case: Prices are on bullish momentum and abiding to our ascending trendline support. We see the potential for a bounce from our Pivot at 1904.9 in line with 23.6% Fibonacci retracement and 38.2% Fibonacci retracement towards our 1st support at 1975.3 in line with 100% Fibonacci Extension. Our bullish bias is further supported RSI being at levels where bounces previously occurred and also prices trading above our ichimoku cloud support and RSI being at levels where bounces occurred previously.
Alternative scenario: If prices were to reverse, they can potentially dip towards our 1st support at 1890.5 which is a graphical swing low and also in line with 100% Fibonacci extension .
Fundamentals: Russo-Ukraine tensions seemed to escalate with the latest invasions from Russia, the precious metal rally will seemingly continue.
Gold - Fundamental and technical factors stay in gold's favorUpcoming rate hikes, inflation and geopolitical tensions in regards to the situation in Ukraine keep positively impacting the price of gold. Yesterday XAUUSD peaked at 1914.32 USD, just slightly below the important resistance level at 1916.615 USD. We continue to be bullish on gold and we will watch whether it will manage to break above the resistance. Our short-term price target of 1925 USD and medium-term price target of 1950 USD stay in place.
Illustration 1.01
Picture above shows the daily chart of USOIL's RSI. It is observable that RSI stayed overbought for approximately a month. We expect a similar phenomenon to occur in gold.
Technical analysis - daily time frame
RSI reached an overbought condition which normally precedes correction in price. However, due to very bearish conditions in the general stock market we think RSI is likely to exhibit overbought condition for a while longer (similarly like in USOIL). This would imply a very strong bullish trend. MACD and Stochastic are bullish. DM+ and DM- are also bullish. ADX increases which suggests that the bullish trend is gaining momentum. Overall, the daily time frame shows first warning signs of overbought condition in the short-term. However, it still remains very bullish.
Illustration 1.02
Picture above shows the daily chart of gold's RSI. At the moment, it shows overbought condition.
Technical analysis - weekly time frame
RSI, MACD and Stochastic are all bullish. Same applies to DM+ and DM-. ADX exhibits growth which signals the bullish trend is gaining strength. Overall, the weekly time frame is very bullish.
Support and resistance
Short-term resistance is at 1916.615 USD. Resistance 1 lies at 1965.572 USD and the major resistance level can be found at 2075.282 USD. Short-term support is at 1877.14 USD and Support 1 at 1834.195 USD. Support 2 sits at 1750.74 USD. Major support level can be found at 1676.866 USD
Please feel free to express your own 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 serve as a basis for taking any trade action by an individual investor. Your own due diligence is highly advised before entering trade.
This is the movement I want to see before trading XAUUSDXAUUSD is one of my favorite assets to trade alongside S&P500, Crude oil, and BTC.
I'm interested in the current zone because we are on the upper level of the range where the price has been moving since May 2021. It's from this type of situation where we tend to observe reversal movements or breakouts of the level for further bullish movements.
The filters I'm working on are for bullish continuations, which I want to see before trading .
a) Clear breakout of the current resistance level
b) After that, I want to see a 14 days correction, as you can see on the circle.
c) IF that happens, I will trade (maybe on a new local high) towards the next resistance level (previous all-time high); the expected risk to reward ratio of a setup like this can be around 2 to 2.5.
Now, I will wait for the price to fulfill my filters, and if that happens, I will trade. If that doesn't happen, I will stay on the sidelines.
Thanks for reading! Feel free to share your view and chars in the comments.
DONT PICK SELL ON GOLDgold break last high(friday) so now it has clear buysignal going to 1920(2018 high on weekly chart) then can fly up to fibo 261%
if you have buy , you are clever , for close wait near 1920 (or more)
gold can has many wild zigzag but trend on daily chart will +++
in 1920 we can put sellimit but very very veryyyy liw size SL and trailstop=10.00$
if you have old sell ( despite my 1000 time alert:gold love go up ) you must hedge or close your sells near 1902.00
if you are in above -3000$ contact my telgram=my trading view ID , i can help you close all , undo loss
Final world : if bad news not come , gold in way to touch 2000-2050 (in next 90 day) so looking for nuy in next lows
wish you win
The Gold Odyssey continues... an old but Gold storyBack in 2019, April 29th was the date that Donald Trump tweeted his launch of a trade war with China. This was significant because this was the first time ever, ANY politician took to social media directly to make announcements. Furthermore, it threw markets into a swirl that took a couple of weeks to work out what it wanted. Gold was the first to recover and move in early May 2019. This was a time when I started looking particularly close at Gold charts, having tracking it since October 2018 on a friend's query.
The ride paid off and exited >90% Gold related holdings on 11 August 2020; after taking some off just as the pandemic started in Feb 2020 and repositioning in mid-June 2020. Since then, as Gold prices hit 2K, I often got questions about would Gold prices go further, people were piling into Gold positions as media fanned the Gold rush. I kept telling those who asked that I exited, and yes, Gold will reach back to 2K and more, but it can take years.
Today, those years seemed to have passed.
You see... in the bigger perspective of things, ie. the Monthly chart, there was a Cup forming midway, and when D Trump started tweeting about the trade war, he triggered the closing formation of the Cup. That ended with a blow off top at almost 2100... almost.
Since then, the handle was forming... throughout the latter part of the pandemic to date, Gold was ranging in a wide band to form the Handle.
Again, I wondered what would trigger the closing formation of the Handle...
For those who are (not) familiar... this is the formation of a Cup & Handle Pattern; and one of a very large scale of years. This means to me that the pattern should be more reliable, more explosive (relative to Gold), and takes time to position while having to monitor over months being patient.
It appears that last week's Russia-Ukraine stand-off, with Biden (current POTUS) drumming the war beats spurred Gold into an awakening.
The weekly Gold chart on the left shows the point where I started tracking closely (and positioned) since 2019. Very nice breakout patterns formed since then until August 2020. The vertical timelines are projected dates btw...
So, we can see that Gold clearly broke out last week, and with a nice Gap Up, ending the week with a beautiful bullish candle.
MACD supporting the breakout and this came after bouncing off the Gann Fan support line (white up trend support line) that has been in play since 2019.
Time line projections put a retest over the next 5 weeks into April, before a potential launch point.
Now, I will leave it to you for further discussions what this might mean for global events... because, the next flight up to 2100 is fast and furious into end-June.
The Monthly chart of Gold (on the right) shows the Cup & Handle Pattern, albeit not completed yet. Projections from completion of the C&H pattern puts a 2500 target within the year, and 3100 target some time 2024 and 2025.
The MACD is turning bullish again after receding to baseline, and this bullish cross in the next couple of months can push Gold prices to projected target. A similar technical occurrence like this happened in Jan-May 2019, so it is not impossible there.
Again, what global events would push Gold this high... remains a good discussion topic.
Now... I can understand and accept that there are many other perspective and opinions about Gold. BAck in 2019, when I spoke of increasing volatility in markets, and rising inflation, and Gold prices targeting 2K, very few took notice, let alone believed it possible.
So far, over the last (almost) 3 years, Gold prices have played out as projected; even within a 2 week period of topping out $100 excess off target. Perhaps it is time we relook and revisit Gold... for what value it is worth in weight (not digital, you see... pun intended).
Enjoy! See you all along the way and perhaps in 2025. :)
Gold - Bullish trend has resumedIn the recent past we suggested that the bullish breakout above 1835 USD resistance level would take place. We also noted that it would be followed by resumption of the uptrend. The bullish breakout occured and gold broke above 1850 USD and 1877.14 USD (important resistance levels). Currently, gold trades slightly below 1900 USD price tag which remains our short-term price target. We remain bullish on gold and we expect the bullish trend to continue. Indeed, we expect gold to hit a new all time high value in the current bullish cycle. Our view is supported by bullish technical indicators on daily, weekly and monthly time frames. Additionally, our view is supported by fundamental factors such as high inflation and low interest rates in the United States. We expect the FED to raise interest rates by 25 basis points next month; and we view it as a substantial threat to the global economy. Because of that we would like to set the medium-term price target for XAUUSD to 1925 USD (this price target will change to short-term once 1900 USD is taken out).
Illustration 1.01
Illustration above shows the weekly chart of XAUUSD. The rectangle pattern spreads between 1750.740 USD and 1834.195 USD. The picture also depicts volume below the candle chart. Extreme increase in volume coincides with the bullish breakout above 1835 USD resistance level. Such a high volume was unseen since June 2013.
Technical analysis - daily time frame
RSI is due to perform crossover above 70 points which is very bullish. We expect this phenomenon to be accompanied by further rise in the price of gold. MACD and Stochastic are also bullish. In addition to that, DM+ and DM- show bullish conditions in the market. ADX continues to increase which suggests the bullish trend is gaining strength. Overall, the daily time frame is very bullish.
Illustration 1.02
Picture above shows the daily chart of XAUUSD. It also shows the difference between previous bullish breakouts and the most recent one. Spike in volume is clearly observable on the most recent bullish breakout above 1835 USD.
Technical analysis - weekly time frame
RSI, MACD and Stochastic are bullish. Additionally, DM+ and DM- show bullish conditions in the market. ADX started to increase which suggests the bullish trend is gaining strength, similarly like on the daily time frame. Overall, the weekly time frame is bullish.
Support and resistance
Short-term support sits at 1877.14 USD. Support 1 lies at 1834.195 USD and Support 2 at 1750.74 USD. Major support level can be found at 1676.866 USD while major resistance level sits at 2075.28 USD. Short-term resistance appears at 1916.615 USD and Resistance 1 is at 1965.572 USD.
Please feel free to express your own 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 serve as a basis for taking any trade action by an individual investor. Your own due diligence is highly advised before entering trade.
Today on the 4h, we have a bearish signal on the GC! TARGET 1844Today on the 4h, we have a bearish signal on the GC, as you can see on the chart :
1. We have in Yellow our resistance which holds well
2. We have Barycentre that confirm the bearish signal
Our Target will Be 1844
Summary for today I will be short the GC if the confirmations come in
gold daily chart say : AC accelator occilator is full green,going to red , if yesterday high not break , it can turn red (mean down trend can start)
we must wait 1808 for new buy for hold 7-8 day (dont pick sell , on + news gold can fly up wild )
we can pick very low size sell (sellimit) near 1855 with sl=1865 trailstop=8.00
dont hurry to inter posation , looking for 90% winrate,powerfull place
note=if gold go up and touch 1855 trendline , if it pullback down in 15min chart (red candel appear) we must put buystop on high (20-30 pip above new high)
if you have old sell, 100% put SL or hedge buystop on yesterday high
if you have old buy,,put SL or hedge sellstop in today low ,,,break today low can move gold to 1808 (sma200 daily there)