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Goldanalaysis

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.
FXOPEN:XAUUSD
by I_jafarr
2
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
OANDA:XAUUSD
by Goldviewfx
27
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
OANDA:XAUUSD
by Goldviewfx
7
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
OANDA:XAUUSD
by Goldviewfx
6
Gold: unyielding gold loyal to dollarI told u guys about gold having trend in trend in 1htf in previous post and what is likely to play and we've only broken down from orange uptrend and now trying to head down to the down part of the yellow trend. The market pulled out of 1695 zone which I put as the first target. If the zone is to be crossed 1670s will be next down followed by 1660s. If the 1680-95 zones is crossed 1670s and 60s will be a nice place to try a buy to keep opportunity if hold. Decline to 1640s can still be on the card for the Bears.
FX:XAUUSD
by Metalixt
XAUUSD - GOLD CURRENT SITUATION#XAUUSD - #GOLD - As we can see, GOLD is still going down since the last few days. The reason was that the US10Y was constantly strengthened by MARKET UPDATES. But as soon as there is an opportunity in the future, GOLD can be BUY as per the MARKET STRUCTURE. But yet there is no reason or incident to make GOLD MARKETS FUNDAMENTALLY UP yet. - By now, GOLD must go to 1671 LEVEL. After that, the PRICE must go up at 1910, definitely a STRUCTURE BREAK If one comes. Definitely follow the STRUCTURE we have given. CPI DATA further DOWN GOLD PRICE. Wait until the TREND LINE on the PRICE CHART BREAKS. - Currently, US 10Y is slightly UP. Also, DXY is also slightly UP. For this reason, GOLD is going down now.
OANDA:XAUUSD
by benny_marshall
XAUUSD - GOLD CURRENT SITUATION- US10Y is currently slightly up to 3.0% LEVEL. Like we said before, it's been a bit of a CORRECTION in the last few days. We can see that the POSITIVE SENTIMENT for USD ECONOMIC DATA is also very POSITIVE for DXY. - The power of USD is still very strong in GOLD. US10Y will behave today on the behavior of CPI DATA in the NEWYORK SESSION. DXY has been DOWN very fast for the last few days. But now it is becoming UP. We look forward to hearing from DXY. US10Y LONG TERM UP is going to be with this RATE HIKE CYCLE and this MARKET CONDITION. Currently DXY is getting a bit UP with MARKET RISK OFF. Also when we look at DXY it has moved up to DXY 103.100 LEVEL. - The GOLD PRICE is currently moving slightly below the DYNAMIC S / R LEVELS. Most likely the GOLD PRICE will be SHORT TEEM UP in the future. GOLD SHORT TERM has a UP SIDE BIAS but may be more DOWN under the influence of DOLLAR in the future. So it can be a bit UP before SELL. In a DOWN SIDE CHANNEL a GOLD can be seen moving. - Currently the OVERALL MARKET is showing RISK OFF. STOCKS is currently RED showing a RISK OFF SENTIMENT. And the VOLATILITY is getting a bit UP. Also COMMODITIES show a DOWN SIDE BIAS today. Currently the MARKET has a RISK OFF SENTIMENT. Therefore, in the future, all NZD CAD AUD currencies may be slightly lower compared to JPY CHF and USD currencies. - GOLD PRICE can be UP again before DOWN until 1910 LEVEL. So GOLD is more likely to go back to the 1910 LEVEL. Then you can BREAK TREND LINE and definitely DOWN up to GOLD price 1786 LEVEL. If the TREND LINE is BREAK, you can go up to GOLD 1765 LEVEL DXY or US10Y if there is a UP TREND again. - However, the bigger picture will change if a new sentiment enters the market or the market takes a risk to strengthen the US dollar first.
OANDA:XAUUSD
by benny_marshall
XAUUSD - GOLD CURRENT SITUATION- US10Y is currently slightly up to 2.92% LEVEL. Like we said before, it was a little CORRECTION just like we thought. The POSITIVE SENTIMENT for USD has also been very positive for DXY in the past. The POWER of USD is still very strong in GOLD. Now DXY has been DOWN very fast for the last few days. We look forward to hearing from DXY. US10Y LONG TERM UP is going to be with this RATE HIKE CYCLE and this MARKET CONDITION. DXY is currently down a bit with the MARKET RISK ON. Also, when we look at DXY, we have moved to DXY 103.814 LEVEL. - GOLD PRICE is currently moving below DYNAMIC S / R LEVELS. Most likely the GOLD PRICE will be SHORT TEEM UP in the future. GOLD SHORT TERM has a UP SIDE BIAS but another WAVE can be DOWN under the influence of DOLLAR. So currently GOLD can be SELL before UP. - Currently the OVERALL MARKET is RISK ON. STOCKS is currently displaying a GREEN SIDE BIAS. And the VOLATILITY is getting a bit DOWN. Also COMMODITIES still shows a UP SIDE BIAS. Currently there is only one RISK ON TONE in the market. Therefore, in the future, all currencies such as NZD CAD AUD can definitely be UP. Also JPY CHF can be DOWN. - GOLD PRICE can be DOWN again before UP. So GOLD can go back to 1798 LEVEL. After that you can definitely go up to GOLD price 1918 LEVEL. If the RESISTANCE LINE is BREAK, GOLD can travel up to 1966 with a DXY or US10Y CORRECTION. - However, the bigger picture will change if a new sentiment enters the market or the market takes a risk to strengthen the US dollar first.
OANDA:XAUUSD
by benny_marshall
XAUUSD - GOLD CURRENT SITUATION- Today is a very important day for XAUUSD. The reason for this is the release of the USD JOLTS JOB. So it's a very HIGH IMPACT NEWS. We need to be vigilant about that. So far, the US DATA received yesterday is slightly MIXED DATA received. But according to the INDICATOR RULES, they managed to make USD UP. - US10Y is now up to 3.00% LEVEL. It was a CORRECTION just like we thought. The POSITIVE SENTIMENT for USD has also been very positive for DXY in the past. Now DXY seems to be a bit CORRECTION. We look forward to hearing from you. US10Y LONG TERM UP is going to be with this RATE HIKE CYCLE and this MARKET CONDITION. Also, when we look at DXY, it has moved to DXY 103.57 LEVEL. - GOLD PRICE is below DYNAMIC S / R LEVELS. Most likely the GOLD PRICE will be SHORT TEEM UP in the future. GOLD SHORT TERM has a UP SIDE BIAS. But currently GOLD can be SELL before UP. - Currently the OVERALL MARKET is RISK ON. Also the STOKES are turning a bit GREEN. COMMODITIES RISK ON TONE is what gives us. So I'm trying to be a bit of a HIGH BEATA CURRENCIES BUY right now. Anyway VIX is getting a bit DOWN right now. Also BONDS PRICES show a slightly NEUTRAL BIAS. But BONDS SPREADS are getting GREEN. MARKET currently has a MARKET ENVIRONMENT with a NEUTRAL BIAS close to RISK ON. - GOLD PRICE can be DOWN again before UP. So GOLD can go back to 1817 LEVEL. After that you can definitely go up to GOLD price 1912 LEVEL. If the TREND LINE is BREAK, GOLD can travel up to 1966 with a DXY or US10Y CORRECTION. - However, the bigger picture will change if a new sentiment enters the market or the market takes a risk to strengthen the US dollar first.
OANDA:XAUUSD
by benny_marshall