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Goldforecast

Gold: Shaken, not stirred 🍸Like James Bond, gold seems to prefer shaking to stirring, as its recent movements suggest. In the course of wave B in turquoise, the metal has been bucketed about quite thoroughly and still has got some room left to expand the current ascent. As soon as wave B in turquoise is finished, though, gold should turn downwards and resume the overarching descent by developing wave (4) in yellow. However, there is a 35% chance that the precious metal could use the turquoise zone between TADAWUL:1830 and HKEX:1709 as an early exit, completing wave alt.2 in turquoise and shifting upwards from there.
COMEX:GC1!
by MarketIntel
HelenP. I Gold can continue to fall and exit of wedgeHi folks today I'm prepared for you GOLD analytics. I decided to update the previous idea for Gold for you. The price continued to decline, reached our first goal and tried to break through the support level, but could not fix below. The price began to move up and rose to the resistance level 2005, it seems to me that this could be a corrective movement. Recently, the price rebounded from the resistance level and is currently trading lower. Gold can continue to fall and break through the trendline. I hope the price can break through the support of wedge and continued going down. Therefore, the target for Gold will be set at level 1980, which coincide with the trendline, and at the level 1965. If you like my analytics you can support me with your like/comment ❤️
TVC:GOLDShort
by FirstNameHelen
8
Gold Forecast upcoming week Gold market is moving as i said and mentioned in previous analysis that Gold due to geotropical issues and American bank SVB fallout, is rising to make highs and it was also mentioned that it will happen before FOMC. By the way it happened. Scroll up and check out ideas. Dont forget to follow, Like and share your opinion in Comments section. Now look at the chart, Market will crash badly at the time of FOMC, i am pretty sure because FED members will rise Interest rate more than expected and market for gold will crash again. Now question arises when to enter, if we see on calendar, FOMC minutes are scheduled after 3 days. Before FOMC minutes Gold may fly to certain level 2015$. But an immediate selling expected at the time of opening of market till 1972$. Trade wisely....! Btw best wishes for upcoming week.
OANDA:XAUUSDShort
by Saibi_FX
Gold set to break resistance; $4878 possible this year? Gold is currently approaching its next Fibonacci resistance level of $2096. Once this level is convincingly broken, the next resistance levels will be $2272 and $2463. According to my Elliott wave analysis, gold has started its third impulsive wave, which is part of a higher degree third impulsive wave. These impulsive waves are typically the most explosive and long-lasting. Therefore, we can expect an exciting spectacle in the coming months. I do not rule out a short-term price target of $4878 within a year, as this price target is based on the 1.618 Fibonacci extension of the impulse wave 1 (Dec '15 - Aug '20). Lastly, the monthly chart shows a MACD crossover, which supports my bullish expectations. This typically indicates that the price of gold is expected to continue its upward trend.
TVC:GOLDLong
by joerivdpol
HelenP. I Gold may break resistance of triangle and to riseHi folks today I'm prepared for you GOLD analytics. After the creation of the support zone 1805-1805 last month, the price began to move in an upward local trend. Gold broke through resistance at the level 1895 and after a retest of the current support level, the price continued to rise. The price reached the resistance level 2010, bounce back and fell to the support zone 1950-1935. After some time, the price created a descending triangle and is now traded in the inside of it. Recently, the price re-tested the support zone of the triangle and continued to rise. Now the price is trading below the resistance level of the triangle and can continue moving, break through it and fixed in higher. It seems to me that after breakdown the resistance of the triangle, the price may continue to rise. Consequently, the targets will be set at level 1985 which coincide with resistance of triangle and at level 2010. If you like my analytics you can support me with your like/comment ❤️
TVC:GOLDLong
by FirstNameHelen
10
A Profitable Gold Trading Strategy Gold has reached the TP line near 1986 today, and long positions around 1975 have gained a complete victory! Currently, the candlestick is oscillating near 1978, with a small support at 1974 below, followed by 1963. A simple breakthrough provides an opportunity for us to go long, but if the body falls below, the nature changes and the support becomes resistance, making it difficult for bulls to achieve higher targets. The area near 1974 is currently the key focus. As long as it doesn't break, the bulls remain in a strong position. If it quickly falls below, it also provides an opportunity for a rebound. In the case of a slow decline, it is difficult to quickly determine the direction. The short opportunity point is near 1994-2000, and the long opportunity point is near 1963-1966. Both positions provide highly profitable opportunities once reached. For the 1974-1986 range, as long as it doesn't break through unidirectionally, the trading strategy is still buying low and selling high. If you are trading gold, crude oil, bitcoin, and forex, please follow me and become my friend. I will provide you with the most suitable trading strategies from the most professional perspective!
FOREXCOM:XAUUSD
by EagleEyeStrategy