H4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Following bullish iBOS price has not pulled back significantly enough to indicate bearish pullback initiation. This could indicate that price is seeking further liquidity to fuel its drive down. Price could also create a new high, higher than the fractal high to bring CHoCH positioning closer to current...
H4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Gold continues it's relentless bullish run following the Fed's dovish outlook. Price has printed further highs Sunday's analysis dated 7 April 2024 where we continue to trade within a fractal high and internal low. Price on all HTF's requires a pullback. Bearish CHoCH which is denoted with blue dotted...
Gold bear mode to reach the support level 1785 i was think the price moving up but now the pressure in price is show to drop a little more
I think this is time for Sell Gold because it's a resistance area and i see the gold will go down to make a new LL. that's only my opinion for XAUUSD. Be Wise Good day :):):):):)
These forecasts are my personal opinions, I'm not an expert, please be careful. If you like my forecasts please share them. Comment anything and I'll try to be responsive. Like and follow! -Update elliotwave.