Gold (GOLD1!), H1 Potential for Bullish bounceType : Bullish Bounce
Resistance : 50906
Pivot: 50469
Support : 50300
Preferred Case: With price moving above our ichimoku cloud , we have a bullish bias that price will rise to our 1st resistance at 50906 in line with the 61.8% Fibonacci projection, 100% fibonacci projection, -27.2 fibonacci expansion and overlap resistance from our pivot of 50469 in line with the 38.2% Fibonacci retracement and horizontal overlap support.
Alternative scenario: Alternatively, price may break pivot structure and head for 1st support at 50300 in line with the horizontal pullback support, 78.6% fibonacci retracement and 50% Fibonacci retracement.
Fundamentals: Due to increasing inflation rates in both the US and UK, we have a bullish view on the precious metal.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Gold-futures
Gold (GOLD1!), H1 Potential for Bullish bounceType : Bullish Bounce
Resistance : 50906
Pivot: 50469
Support : 50300
Preferred Case: With price moving above our ichimoku cloud , we have a bullish bias that price will rise to our 1st resistance at 50906 in line with the 61.8% Fibonacci projection from our pivot of 50469 in line with the 38.2% Fibonacci retracement and horizontal overlap support.
Alternative scenario: Alternatively, price may break pivot structure and head for 1st support at 50300 in line with the horizontal pullback support and 50% Fibonacci support.
Fundamentals: Due to increasing inflation rates in both the US and UK, we have a bullish view on the precious metal.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Gold Potential bullish rise | 28th Apr 2022On the H4, with price expected to bounce off the stochastics indicator, we have a bullish bias that price will rise to our 1st resistance at 1922 where the pullback resistance is from our 1st support at 1883 in line with the horizontal swing low support and 61.8% Fibonacci projection and 127.2% Fibonacci extension. Alternatively, price may break 1st support structure and head for 2nd support where the 161.8% Fibonacci extension and -27.2% Fibonacci expansion is at 1863.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Gold Potential rise | 27th Mar 2022On the H4, with price expected to bounce off the stochastics indicator, we have a bullish bias that price will rise to our 1st resistance at 1922 where the pullback resistance is from our 1st support at 1895 in line with the horizontal swing low support and 61.8% Fibonacci projection and 127.2% Fibonacci extension. Alternatively, price may break 1st support structure and head for 2nd support where the 161.8% Fibonacci extension and -27.2% Fibonacci expansion is at 1863.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Gold futures, H4 | Potential for bounce!
Type: Bullish bounce
Resistance : 1949.2
Pivot: 1916.8
Support : 1904.5
Preferred case: Prices are consolidating in a triangle pattern. We see the potential for further bullish continuation from our Pivot at 1916.8 in line graphical overlap and 61.8% Fibonacci retracement towards our 1st resistance at 1959.0 in line with 100% Fibonacci Projection . Our bullish bias is further supported by RSI being at levels where bounces previously occurred.
Alternative scenario: If prices were to reverse, they can potentially reach our 1st support at 1904.5 in line with 78.6% Fibonacci projection .
Fundamentals: With continuation of Russo-Ukraine invasions and inflation, we might expect a slight bullish turn towards the precious metal.
How I Use Auto Anchored VWAP To Trade GoldGold has been one of the most bullish markets on my charts this year until the past couple of sessions...I have now turned bearish Gold looking for a test of 1913 in the coming sessions. In this video I explain why I have now turned bearish Gold and more importantly I share my process for trading Gold Futures using the following indicators; TradingView's new Auto Anchored VWAP, Bollinger Bands and my Beacon Indicator. I also go over what levels will turn me bullish again in Gold and why I believe Gold Futures and Micro Gold Futures are the best products to use for trading the price action in Gold.
Past performance is no guarantee of future results. Derivatives trading is not suitable for all investors.
GOLD FUTURES - CONSOLIDATION MODE !Sharp rally seen yesterday which pushed the Gold Futures to an intraday high @ $ 1'976.50.
An healthy corrective and consolidation move took place and this recent price action should be seen as a constructive price action calling for further upside over the upcoming trading sessions.
Tenkan-Sen @ 1'911 should be the first level to look at on a daily closing level as a failure to hold above this point would put some selling pressure towards the Kijun-Sen @ 1'878, already been tested recently.
Below the MID BOLLINGER BAND, currently @ 1'851 remains a good indicator and should be used as a BAROMETER !
The Lagging Line on a DAILY basis is far above the clouds.
4 HOURS (H4)
The yesterday's low reached yesterday @ 1'878 coincides exactly with the top of the 4 hours clouds support and the clouds worked perfectly well in rejecting, so far, the downside breakout attempt.
In this H4 time frame a failure to hold above the clouds support zone (1'860) would postpone a little bit the expected bullish scenario, calling for higher levels
CONCLUSION :
A FIRST BREAKOUT OF THE DOUBLE BOTTOM TRIGGER LEVEL @ 1'919 OCCURED YESTERDAY AND SHOULD BE CONFIRMED ON A WEEKLY CLOSING BASIS LATER ON TODAY.
A CONFIRMATION WOULD OPEN THE DOOR FOR THE TECHNICAL TARGET OF THE DOUBLE BOTTOM @ $ 2'161
IRONMAN8848 & Jean-Pierre Burki
BTC/USDT ( 3 TARGET ) 22.02.23Hello everyone, if you like the idea , do not forget to support with a like and follow.
long ( 25x 20x 14x ) short ( 25x 20x 14x ) 😉
Entry price : 38780
SHORT :
T1 : 37320 %94 25X
T2 : 36625 %111 20X
T3 : 35145 %131 14X
LONG :
T1 : 40277 %96 25X
T2 : 40982 %113 20X
T3 : 42447 %132 14X
📅 22.02.23
📌
GC1! H4 | Potential for bullish continuationType : Bullish continuation
Resistance : 1909.2
Pivot: 1888.23
Support : 1867.1
Preferred case: Prices are consolidating in a parallel channel and are on bullish momentum. We see the potential for further bullish continuation from our Pivot at 1888.23 in line with 23.6% Fibonacci retracement , 61.8% Fibonacci extension and 38.2% Fibonacci retracement towards our 1st resistance at 1909.2 in line with 100% Fibonacci extension and 127.2% Fibonacci expansion . Prices are trading above our Ichimoku clouds further supporting our bullish bias.
Alternative scenario: If prices were to dip, they can potentially drop towards our 1st support at 1867.1 in line with 38.2% Fibonacci retracement .
Fundamentals: Fed's re-iteration of the possibility of a 100bps hike of Fed funds rate by 1 July and also further escalating of tensions from Russo-Ukraine crisis will support further rally on the Commodity.
We will urge investors to exercise prudence when trading today as we expect high volatility amidst the FED speeches and major data releases tonight. (Fed Monetary Policy Report, CFTC Gold speculative net positions etc.)
GC1! H4 | Potential for bullish continuationType : Bullish continuation
Resistance : 1909.2
Pivot: 1888.23
Support : 1867.1
Preferred case: Prices are consolidating in a parallel channel and are on bullish momentum. We see the potential for further bullish continuation from our Pivot at 1888.23 in line with 23.6% Fibonacci retracement, 61.8% Fibonacci extension and 38.2% Fibonacci retracement towards our 1st resistance at 1909.2 in line with 100% Fibonacci extension and 127.2% Fibonacci expansion. Prices are trading above our Ichimoku clouds further supporting our bullish bias.
Alternative scenario: If prices were to dip, they can potentially drop towards our 1st support at 1867.1 in line with 38.2% Fibonacci retracement.
Fundamentals: Fed's re-iteration of the possibility of a 100bps hike of Fed funds rate by 1 July and also further escalating of tensions from Russo-Ukraine crisis will support further rally on the Commodity.
We will urge investors to exercise prudence when trading today as we expect high volatility amidst the FED speeches and major data releases tonight. (Fed Monetary Policy Report, CFTC Gold speculative net positions etc.)
Gold Tests Higher Levels- GOLD ANALYSIS 13.02.2022Hello my friends, today I want to talk with you about GC (gold)
Amidst the equity market rout on Friday, Gold made an attempt to break out.
The weekly chart shows a decent attempt to close higher than previous weeks (to months), but closed the week short of breaking out.
The daily chart reflects that attempt and the breakout was not sustained, although it clocked a higher high. Technicals appear to be turning bullish
Through my analysis, I see that the price will go to the target 1 and 2 in chart
So be ready for such scenario.
This is an article, not financial advice, always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment, thank you
you can enter a buy GC you can enter a buy position. But be careful
good luck 😉quick order
Hello I am Ahmed . I give you an analysis
I do not trade on a 15-minute frame. Also, do not use stop loss and take profit
+ I am trading on a 1 minute frame. And stop-loss and take-profit, use it manually
If you want to know where to enter and where to exit. You can contact me hello everyone
GOLD (XAUUSD): Key Levels to Watch Next Week 🥇
Hey traders,
For the last 8 trading days, gold remains quite weak.
Here are key levels to watch next week:
Support 1:
1758 - 1764 demand zone
Support 2:
1718 - 1726 demand zone
Support 3:
1674 - 1682 demand zone
Resistance 1:
Major falling trend line connecting the last 3 lower highs.
Resistance 2:
1873 - 1880 supply zone
Consider these key levels for pullback/trend-following/breakout trading.
Wait for a confirmation on a key level first before you open a trading position.
❤️Please, support this idea with like and comment!❤️
How to Spot & Trade Falling Wedge Pattern | Price Action 🤓
Hey traders,
In this video, I will teach you how to trade a falling wedge pattern.
I will share with you my rules on how to identify the pattern,
how to read it correctly, how to select the target & entry levels
and how to set a safe stop loss.
We will discuss a theory and real market examples.
❤️Please, support this video with like and comment!❤️