XAU/USD 01 August 2024 Intraday AnalysisH4 Analysis:
Analysis/Bias remains the same as yesterday's analysis dated 31 July 2024.
-> Swing: Bullish.
-> Internal: Bullish.
Price has printed a swing BOS, printing an all time high.
After BOS/iBOS price is expected to pullback.
Last analysis and intraday expectation was for price to pull back into discount of 50% EQ or H4 demand zone before targeting weak internal high which currently seems underway, therefore, intraday expectation remains the same.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
Price printed a bulish iBOS followed by a double bearish iBOS.
Whilst the most recent bearish iBOS did not print a bullish CHoCH, I was happy to mark the internal low as price had reached 50% and in to premium of the internal EQ.
After bearish iBOS we expect price to pull back, therefore, for an early indication that pullback has initiated we need to see price print a bullish CHoCH.
Intraday expectation: Price to print bullish CHoCH to indicate pullback initiation before targeting weak internal low.
M15 Chart:
Golddaily
XAU/USD 28 June 2024 Intraday AnalysisH4 Analysis:
Analysis/Bias remains the same as yesterday's analysis dated 27 June 2024.
-> Swing: Bullish.
-> Internal: Bearish.
As previously mentioned, price reacted at 50% EQ of the internal range to target weak internal low, however, price was unable to close below internal low due to H4 demand zone.
Nonetheless, internal structure remains bearish until strong internal high is taken out.
Intraday expectation: Price could potentially be seeking further liquidity to once again target weak internal low.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Price has printed a series of bullish iBOS' and price has now aligned itself with swing structure
Price has reacted from discount zone of 50% EQ.
Intraday expectation: Price to target weak internal high.
M15 Chart:
XAU/USD 17 May 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Price has printed a bullish BOS.
After bullish BOS expectation is for price to pullback.
We have nested Daily and H4 supply levels where price is expected to initiate pullback, which price did.
As previously mentioned, CHoCH was positioned at quite a distance away from current price, therefore, there was a possibility price could engineer a CHoCH closer to current price to indicate initiation of pullback. Price has did this.
We are again seeing a reaction to nested Daily and H4 supply levels where price could pull back deeper.
I previously commented that price to continue bullish and react at nested Daily and H4 supply levels, which price did.
Intraday expectation: Price is reacting at nested Daily and H4 demand where it is expected that price will pull back to discount of 50% EQ or H4 demand levels.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Price has printed a bullish iBOS.
After iBOS price is expected to pull back.
First indication, but not confirmation of pullback initiation is for price to print a bearish CHoCH. Price has printed this which is denoted with a blue dotted line.
Yesterday's (16 May 2024) Intraday expectation was for price to pullback to discount of 50% EQ or M15 supply level, possibly as deep as H4 supply level before targeting weak internal high which is denoted with a blue dashed line.
Price did not pullback into either zone and reacted close to 50% EQ reacting at premium EQ.
Intraday Expectation: Price to continue bearish, react at either M15 demand zone, discount zone of 50% EQ before targeting weak internal high which is denoted with a blue dashed line.
It would not be unrealistic for price to pull back as deep as the H4 demand zone before targeting weak internal high.
Trade idea would only be invalidated if price breaks and closes above weak internal high, which is the blue dashed line.
M15 Chart:
XAUUSD(GOLD): 05/10/2023:🔴Is there any Bullish sign?
You can see all the important zones and levels on the chart.
Personally, I have lower targets on my mind for gold but for now, I expect the price to penetrate to the sell-side liquidity and then I will update this TA.
💡Wait for the update!
🗓05/10/2023
🔎 DYOR
💌It is my honor to share your comments with me💌
Gold D Buy Idea 4/6/23Looking for Gold to hit the 50% area of the D FVG that has been created and return back bullish. On the flip side, price could break that 50% zone to create an evening star. BUT since structure has not been broken I am still bullish and looking for the bullish bounce at the 50% area to continue bullish.
GOLD POSSIBLE MOVEHello traders, GOLD is creating a shape for the upside move, i am expecting from price to come around our mentioned 0.5 to 0.618 fib levels and then looking price action for a long position opportunity with the strategy, if strategy allow me to trade it.
This is just analysis trade with your own according strategy.
GOOD LUCK & GOOD TRADING
XAUUSD (Gold) Daily:13/02/2023: It looks like a sell opportunity
As you can see, we expect the price to rise from here until our low time frame supply zone and then fall.
For that, we need confirmation.
We can define targets as follow:
1848
1826
1815.6
💥Important note: If the low time frame supply zone (you can find it on the chart) will not confirm, we expect the price to rise and fill the fair value gap of 1918.54- 1920.47.💥
💡Wait for the update!
🗓️13/02/2023
🔎 DYOR
💌It is my honor to share your comments with me💌
XAUUSD 23/11/2022So gold currently moving on a downtrend line while facing support at 1727.67 & resistance at 1747.17. now if gold closes below the support then it might continue pushing down while moving in respect to that downtrend line towards the next support at 1705.40.
However if you see gold respecting the support and closing above the resistance then it might continue to push up making a break out of that downtrend line towards the next resistance at 1770.85.
XAUUSD 28/10/2022On our yesterdays daily analysis on gold, we anticipated if price closes below the support zone at 1657.93, then it would continue pushing down to the next HTF support at 1639.58 by breaking out of the uptrend channel that it was moving in. And today the price did the exact same thing which right now we expect the price to continue pushing further down to the HTF support at 1639.58 or even below towards the next key level at 1630.89.
XAUUSD 27/10/2022Price currently moving in an uptrend channel & facing recent Support at 1656.61, Resistance at 1667.68. Now if price respects the support & closes above the resistance then it could continue its uptrend channel move to continue pushing up to the next resistance at 1678.98 as shown in chart.
However if price respects the recent resistance at 1667.68 & closes below the support or the recent low then it would be a breakout of the uptrend channel which could lead the price to continue pushing down to the next support at 1639.58.
XAUUSD 18/10/2022Gold currently has a support at 1648.00 while also having a resistance level at 1656.29. now seeing how gold has been creating lower lows in respect to a higher TF downtrend channel, so if gold continues to respect the resistance levels & breaks out of the support, then it could continue the HTF downtrend channel to come all the way down retest the previous low at 1640.05.
XAUUSD 6/10/2022Price formed a small structure after a bearish engulfing candle close on 1 hr tf. Now in that small structure price facing resistance at 1718.55 & support at 1711.61. so price if makes a breakout of the structure with further bearish momentum, then it could continue pushing to the next support zone at 1704.36 or all the way to 1693.91.
XAUUSD 27/09/2022Price after a retest on the supply zone & also 0.786 fib level, showing signs of price rejection while also facing recent support at 1631.91. Now if price without making a breakout of the supply zone, it makes a break & close below the recent support, then price might continue to push down to retest the previous low at 1621.36 or create new lower low in respect to the newly formed downtrendline.
XAUUSD 22/09/2022Price currently ranging in between 1680.51 as its resistance & 1656.16 as its support. now if price respects the support & closes above the resistance, then it could continue to push up to the next zones at 1692.36 or all the way to 1707.02 to make a retest on the newly forming downtrendline. And if price respects the resistance & closes below the support the it could continue pushing down creating new lower low on a HTF.
XAUUSD 16/09/2022As you can see price moving in a downtrend channel & also formed a small timeframe structure while facing resistance at 1671.55 & support at 1653.46. now if price respects the resistance & breaks out of the support at 1653.46 then price might come continue to push down to retest the next HTF support at 1644.40 while still moving in respect to the downtrend.
However if price breaks & closes above the structure & resistance at 1671.55 then gold would breakout of the downtrend channel & might continue to push up to the next resistance zone 1681.22.
XAUUSD 15/09/2022Price retesting a major support zone on HTF at 1680.50 & also facing recent resistance at 1690.93 while moving in a downtrend. now if price respects the recent resistance and breaks & closes below the major support zone then gold could continue pushing down creating new lower low.
However if gold respects the support and makes a breakout of the resistance then price could continue pushing up to next resistance at 1697.82 or all the way to 1706.66 as a retracement move.
XAUUSD 13/09/2022Price retesting the previous high at 1733.80 almost making a breakout of a major resistance at 1728.46 after creating a new higher low & new support at 1720.63. so if gold continues to respect the new support & makes a breakout of the previous high at 1733.80 then it might continue to push up to the next resistance at 1745.47 or all the way to 1759.83.
However a breakout of the higher low with bearish move would invalid possible buy opportunity.
XAUUSD 09/09/2022Price facing strong price rejection from the resistance level at 1726.90 & currently retesting a recent support at 1718.21. so if price continues to respect the resistance at 1726.90 & breaks below the recent support at 1718.21 then it could continue coming down to retest the next support at 1713.78 & retest the uptrendline as well.
XAUUSD 08/09/2022Price retesting the resistance at 1726.45 while facing support at 1719.23 & 1714.71. so if price continues to respect 1714.59 as its support & makes a break & close above 1726.45 on 30 min tf then price might continue to go up all the way to retest the next resistance at 1745.47.
However if price breaks out of the support at 1714.59, than the long trade opportunity would be invalid.
XAUUSD 06/09/2022Price while moving in a recent downtrendline, it formed a very recent resistance at 1710.13 while having a htf resistance at 1715.61. so as long as price continue to respect the current resistance at 1710.13 and makes a breakout of recent low then price might continue to push down to retest the next key level at 1693.68.
XAUUSD 05/09/2022price created a small structure with a small resistance at 1716.18 & support at 1705.86 from the start of this week while making a breakout of the downtrend channel.
now price if breaks out of the structure on the long or short side then it might move to the next support and resistance in the direction of the breakout which are, support at 1699.36 & resistance at 1723.37.
look out for fakeouts as well. wait for break & close & bos in 15 to 30 min tf to look for trades.