DAILY CHART MID/LONG TERM CHART UPDATEHey Everyone,
Please see update on our daily chart structure that we have been tracking and trading successfully for a while now.
Last week we stated we stated that we still have the candle body close above 2521 for the gap to 2566 and we would need Ema5 lock to further confirm and strengthen this gap. Currently ema5 is playing just under it and we will continue to observe and update this.
- This has played out perfectly with 2566 now hit completing this target. We now have a candle body close above 2566 leaving a long term gap to 2608 and if we get a ema5 lock then this will further strengthen the gap.
We have to also keep in mind that we have a support range between 2566 - 2521 for longer range support areas to buy strategic dips, should the corrections take place before completing gaps above.
We will use smaller timeframe analysis and trading plans to navigate the range in true level to level fashion.
Our long term bias is Bullish and therefore we will continue to use our smaller timeframes to buy dips using our levels and setups.
Buying dips allows us to safely manage any swings rather then chasing the bull from the top.
Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
GOD
🧑🎓 XAU/USD ANALYSE 📈 I UPDATED MORE READ THE CAPTION?By world 🌍 Forex’ Traders Hello 👋 traders
"Gold Market Analysis 💡
4H Time Frame Chart 📊
_Bearish Signal 🚨_
We're seeing a potential short opportunity in the gold market, with a current price of $2378. Our target is $2287, which is a key support level. A breakdown below this level could lead to a significant price drop 💸.
_Analysis 🤔_
The 4H time frame chart shows a bearish trend, with a series of lower highs and lower lows. The Relative Strength Index (RSI) is also indicating a bearish signal, with a reading of . The Moving Averages are aligned, providing additional confirmation for a short position 📈.
_Trade Strategy 💰_
Sell: $2378 (short)
Target: $2287 (next support level)
Stop Loss: $2420 (bearish warning) ⚠️
Note: This analysis is based on a 4H time frame chart and is subject to market changes and fluctuations. Always use proper risk management techniques and consult with a financial advisor if necessary.
Follow me for more market insights and analysis! #goldmarket #forex #tradingview 💼"
Gold forecast: Crazy to expect rate cut tomorrow? Gold forecast: Crazy to expect rate cut tomorrow?
Mostly yes. Market consensus leans towards the U.S. central bank maintaining current interest rates following the conclusion of its two-day meeting tomorrow. However, the potential impact on the U.S. dollar and gold is likely to hinge on statements from Fed Chair Jerome Powell regarding expectations for a rate cut.
While there is an anticipation of a somewhat dovish shift from Fed officials in the market, the robust January data and the positive JOLTS job report this morning present a case for the possibility of a sustained hawkish stance,
The JOLTS report revealed that U.S. job openings in December surged to 9.026 million, surpassing the expected 8.750 million and marking the highest figure in three months.
XAU/USD was trading in the green for a second consecutive day before the JOLTS report. Gold is currently above a mildly bearish 20 Simple Moving Average for the first time in over two weeks, with longer moving averages situated significantly below the current level.
Still, gold has breached its minor downtrend line originating from the early January high raises the possibility of a bullish target towards $2055, presumably reliant on the possibility of a Fed rate cut (or not).
Correct me if im wrong (^^)Gold Gold Gold
We are sitting inside an order Block
Price still has to break below 2055 before making a run for the highs again
That order block that price is inside right now is one the reasons price will make a dash to newer highs but that low of 2055 must be taken out first.
Unless your scalping if i were you i just wait till the low is taken out first then get some buys in.
Thanks for reading Trade God out !!!
#Like #share #comment
AKRO, The Triangle LandAn Acropolis was the settlement of an upper part of an ancient Greek city, and frequently a hill with precipitous sides.
We can totally see this pattern here, on $BINANCE:AKROUSDT. Hills with more hills and more hills on top of each hill, the precipitous sides of new and new formations.
Question is, Will we hit the final destination of this move, The Pantheon? The big resistance zone from the older times.
Even if we will, just remember, we're all human beings in these material forms and we don't belong to Pantheon. So sell quickly at the top, protect your belongings and go, cause there will be a bloodbath right after the Elders will smell the tourists on 'em land of Triangles.
UNFI Painting on the wallAll our human history we try to predict the God, the Life power at its own, to predict the Future.
Sometimes we draw paintings of how we would like to witness it.
Sometimes we're right, Sometimes we're wrong. Sometimes projects that are silent online can still show some picturesque charts. And sometimes only the Vision is needed to predict the God.
-A.I.Vision
P.S. And sometimes you post your drawings after they've already partially played out.
Gold in the next 24 hours End of the year choppiness in the markets are here. Price has been consolidating over my 1750 zone. Price on my intraday level closed bearishly, so I’m gonna be looking to sell around my 1750 zone towards next support at around my 1740 zone.
Gold Sell Limit @1756
SL- 1759
Tp- 1748
Tp- 1742
Tp- 1738
*Only Risk 1-2% of your account
BAL/USDT 1D. Balancer. Interesant moneten.Baal was a title and honorific meaning "owner", "lord" in the Northwest Semitic languages spoken in the Levant during antiquity. From its use among people, it came to be applied to gods. Definition from Wiki.
Interesting coin, named after a god. Pay attention to the volume coming in(shown on the chart).
In the secondary trend the downtrend has formed(red line on chart). The price is currently under the support(yellow line). Now it acts as resistance.
Locally some form of triangle forming(the price is tightening). As the classic for the alts the target may be aroung 180%.
Also pay attention to the current zone - it's 666 zone(6.66). Taking in consideration the big volume spikes(and price spikes) we can see a good move forward.
Gold in the next 24 hours Gold is currently in a down trend, Price broke below major support at 1750 but seems to have found support at 1738 area. Price could buy back up at this point to retest resistance before continuing to play lower to towards 1725 support zone or even lower to 1700.
Gold Buy Limit @1736
SL- 1731
Tp- 1742
Tp- 1748
Tp- 1752
*Only Risk 1-2% of your account
Bear Opening in markets?Hello everyone. I know it looks very bloody this morning, but I honestly believe looking at the charts here that this does not declare a continuation into the bear trend yet. For some reason I oddly believe that the markets will turn around and go to higher highs above 17.60. To the 17.70-17.90 area. This play again is not set in stone yet, but it should be apparent based on my previous long idea and short idea. What I am seeing is the market making room for larger moves upwards and even if that does not happen in the short term as in today it is still entirely possible. let's say it continues downward today to the trend line and bounces then that's a clear indication we have a serious rally incoming and it's the potential rally I been waiting to see happen in every one of my ideas beforehand. However, if it breaks that trendline and falls below it put in shorts as quick as possible after confirming it's not a fakeout(probably won't fakeout just a heads up). Be prepared.
Gold in the next 24 hours Yesterdays trade didn’t go as planned and I believe that was because I predicted the move too early, but now the move I thought would happen yesterday, looks like its going to happen today. Price is playing above 1650 again and my next main target zone is 1675, if that zone is broken and retested price could go up to 1700.
SHIB C&H (D)Cup and & Handle pattern on the Daily timeframe. Currently forming a falling wedge pattern for the 'Handle' part of the cup. Looking primed for a move up. I predict more consolidation until the end of September where the 'Merge' and Shibarium are rumored to come out. Wealth transfer here we come. When this makes a massive move to the upside know that God is the one who did this and His Glory will be known. #RedSeaMoment #PraiseGod
Gold in the next 24 hoursI’m looking for sells on Gold, she broke my 1750 zone to the upside, which was an important level but she is now showing a ton of resistance at 1760 zone and gold is a very fundamentally traded pair, so we would have to wait for the numbers to come out to see how far she may potentially drop.
Gold trade Idea:
Gold Sell Limit @1762
SL- 1769
Tp- 1758
Tp- 1752
Tp- 1748
*Only Risk 1-2% of your account