Goldanalaysis
Gold- Technicals suggests 1920 priceAs I said in my yesterday's video, although XauUsd is trading in a very important resistance zone, bulls are still very strong and this resistance will most probably fall.
After Friday's strong reversal following NFP, Gold spent for the next 2 days consolidated in a narrow range.
This range is a rectangle, usually a continuation pattern, and, considering the recent leg up from 1830 to 1880, the next leg should be equal. This gives us 1920 in terms of price.
Gold remains bullish as long as the 1860-1865 zone is intact in terms of daily close and only a break here would put a pause in this scenario.
Gold Buy Running it againwhats up guys, back at it again, i know the 1st entry we were able to secure 20 pips and then we were stopped out at breakeven on the remaining position
i will be running this entry again as we've broken above and now we have had a pull back into the break out area and where our 2 Trend Lines intersect!
remember this IS NOT investment advice and this information shared is for educational and demo purposes only!
also please remember that trading in the financial markets is risky and you should never trade with money that you cant afford to loose!
Gold-XAUUSDLong-term gold analysis: As mentioned in the previous gold analysis, gold has a downward trend in the short term.
This picture is gold in the long-term time frame. In this timeframe, signs of correction were visible on the chart.
Maybe everyone will notice and, after a few months, confidently declare the end of Gold's Bull Run on all timeframes. But I am saying now that there probably won't be a higher price ceiling, and the downward trend will start, or maybe it should be noted that it has already begun.
You can look for a suitable area to enter a position and sell by capital management daily or in fewer time frames.
Many people and traders also believe that Gold and Bitcoin have convergence.
So it can be concluded that you should be more patient in investing and buying Bitcoin and thus all Cryptocurrencies.
XAUUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
DeGRAM | GOLD shortGOLD has rejected the resistance level and trendline.
The market is testing major support level.
If price pulls back to the resistance level, then we can look for a selling opportunity.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
Gold Bear I usually don't believe in the fundamentals that much. it's like an enzyme or catalyst which just speeds up the reaction, last week gold was in a wedge and there was a beautiful divergence in it, before the fomc member speech about rate hikes it was forming a pattern to fly if you see H1 you'll find out domain breakout whom tp1 was 1640 according to Fibonacci level and also it was the diagonal resistance of the wedge and it first it slightly reject but it was clearly bull market in a small time frame so it easily breaks it out and a beautiful retest has occurred till the demand area and recent support zone after that it flies to the next zone which is 52 to 54 area and it's forming a falling wedge in m15 whom upper trend line or diagonal resistance is about 60 to 61 also its the 50 percent retest zone of weekly from there I expect a slight rejection to the demand area of 40 to 44 and then expect to fly to the 80 area which is a considerable resistance zone.
GoldViewFX - Market UPDATEHey Everyone,
What a PIPTASTIC day for us today!!!!
As per chart our Goldturn 1620 had a new Goldturn created with EMA5 highlighted on the chart, which followed with a signal confirmation for a perfect BUY trailed all the way to TP and beyond!!!!
EMA5 is now challenging structure resistance. This is an important challenge to confirm further movement up or a rejection, which is also in line with our 4H chart setup, please see below.
Perfect channel floor support once again identified yesterday with a lovely push up level to level following our route map.
All charts are still valid, and we will continue to track and trade this level-to-level structure to structure.
BULLISH TARGETS
1647 - DONE
1653 - DONE
Cross and lock above 1653 will open targets to 1663, 1676, 1687
BEARISH TARGETS
1639 - DONE
1632 - DONE
1620 - DONE
1611
1603
Cross and lock below 1603 will open targets to 1592, 1586 and 1580.
SWING RANGE
1611
As always, we will keep you all updated with any changes to our plans throughout the week. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
XAUUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Press the like button if you enjoy this content :)
GOLD Today's Next Move H1 Chart 15-Sep-2022 Gold is in Bears control and bulls are waiting for good relay to start buying.
I this Chart high probability of Gold reversal, and will be start from 1675-70 and News may also weaken the DXY Doller Index.
Rest of the detail you can understand from the chart.
Support me if you like my work!
Best Regards,
Muhammad Raheel Khan
FOREX PHARMACY
Bullish and Bearish Gold WeeklyMultiple time touching at 1680 and bouncing back to 1800 and above range. In this correction it may take below 1680 look like which will take us to 1500 and below. As DXY is very Bullish.
Trend Analysis Fibonacci Multiple Time Frame Analysis XAUUSD Gold goldanalysis fibonaccianalysis Fibonacci Confluence
XAUUSD top-down analysis, UPDATED!!Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Press like button if you enjoy this content 😊
GoldViewFX- DAILY CHART UPDATED SETUPHey Everyone,
Please see our updated daily chart setup. This is just for this week and not to be mixed with our long term daily chart setup (SEE BELOW), which we have been following.
DAILY CHART LONG TERM SETUP (1816 OPEN TARGET)
The new daily chart setup is for this weeks movement only and JACKSON HOLE.
We can see FRIDAYS candle close with ema5 crossing MA21. A new daily candle open this week will confirm the lock confirming momentum down with daily chart support at 1709.
Daily chart next resistance level is at 1755. Any immediate momentum up with a break above 1755 can invalidate the EMA5 cross ma21 so it will be wise to let Mondays movement play out to establish a true range in this setup.
As always we will keep you all updated with any changes to our plans throughout the week. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - WEEKLY CHART UPDATEHey Everyone,
Please see weekly chart update that we have been following for a while now
We have been riding this entire movement up level to level using the smaller timeframes.
The weekly candle close two weeks ago knocked on the door of the channel support. Last weeks movement was a crucial challenge to see if this level is rejected or we enter back in the weekly chart Goldturn channel and as you can see we saw a rejection last week on this critical zone.
Our plans to BUY from dips is still in play long term, as we are still in a critical support zone /close to good liquidity zones, however considering we have JACKOSN HOLE this week we need to wait patiently for the right entry. Now that we saw the rejection we need to keep in mind MA200 is also looming below and JACKSON HOLE may provide the momentum for a MA200 touch.
We will keep this chart updated with any significant changes to the structure. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
Gold - its time to short againHi, I see a good short opportunity with good R:R
We are pushing for the 5th wave.
Trade well,
Alex