XAUUSD top-down analysis, UPDATED!!Hello 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.
Goldforecast
XAUUSD top-down analysis, UPDATED!!Hello 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.
XAUUSD top-down analysis, UPDATED!!Hello 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.
Gold Gold Analysis Thursday 20 October
Gold performance Wednesday 19 October : Gold opened at $1652, made high at $1654 and low at $1629. Daily Closing was at $1629, which is $23 less than Tuesday 18 October daily closing.
Today, Gold opened at $1623. Daily Support is at $1608 and Resistance is at $1640. Trend is negative and volatile.
Fundamental Events Pakistan Time based
05:30 PM US Philly FED manufacturing Index and Unemployment claims
US Philly FED Manufacturing Index
Previous -9.9 Market expecting -5.0
If plus figure is released, This can be positive for US$ and negative for DXY. If negative figure is released, This can be negative for US$ and positive for Gold.
US Unemployment claim
Previous 228000 Market expecting 229000
If figure increase, This can be negative for US$ and positive for Gold. If figure decrease, This can be positive for US$ and negative for Gold.
07:00 PM, USA existing home sales
Previous 4.8 million Market expectation 4.69 million
If figure comes above market expectation, This can be positive for US$ and negative for Gold. If figure comes below market expectations, This can have negative effect on US$ and positive effect on Gold.
10:30 PM-11:15 PM, FOMC Member speeches.
Gold forecast and idea | XAUUSDHi traders,
it is a continuation of a bearish trend in gold, So i have my sell trade
But there is the possibility of a price correction and a return to the daily support zone.
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✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
------------------------------
✅ Please write any advice or suggestions.
Dear friends request any cryptocurrency pair, currencies pair for forex, and any index you want to be analyzed, and ask any questions about chart analysis.
Thanks for your attention
XAUUSD top-down analysis, UPDATED!!Hello 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.
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.
GOLD Gold Analysis Wednesday 19 October
18 October Gold performance, Opening price was at $1650, made high at $1660 and low at $1645. Gold closed at $1652, $2 more than 18 October closing.
Today, Gold opened at $1652 and is trading at $1645. Support is at $1638 and Resistance 1668 is at $ . Trend is Neutral.
Fundamental Events Pakistan Time Based
11:00 AM UK Inflation figure (Yearly)
05:30 PM US Housing Starts
XAUUSD top-down analysis, UPDATED!!Hello 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.
XAUUSD top-down analysis, UPDATED!!Hello 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.
Gold Price Prediction In this idea I share a couple of concepts with you. The formation know as the scallop comes in 3's. These formations are in every time frame. They just one of the repeating fractals throughout chart movement. For example: 3 ascending scallops on the 30 minute would make up roughly 1 in the 60 minute chart. To keep track of this I borrow scale designations from Elliot Wave. Here in Gold if you look through my chart you will see the largest(Grand Major) set of scallops coming to completion with a double top signaling the reset into a set of 3 descending scallops. I have marked the projections as I see them playing out on a "Major Scale", but have included a possible target for the "Grand Major scale for the bottom as well as a top side for the double bottom that comes from the falling wedge that is forming coming to completion. Every fall in my opinion is a falling wedge in one form or another with slight features warped due to bullish/bearish sentiment that pulls it outside the parameters of what the constricted rules of line drawing would have us adhere to. The next step in the pattern is the double bottom that will start the uptrend. If you agree throw me a like and follow me for more unique ideas and concepts that keep you in the gains-ND Much love to my supporters
Gold forecast and idea✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
------------------------------
✅ Please write any advice or suggestions.
Dear friends request any cryptocurrency pair, currencies pair for forex, and any index you want to be analyzed, and ask any questions about chart analysis.
Thanks for your attention
goldGold Analysis 12 October
11 October, Gold opened at 1668, made high at 1683 made low at 1660. Closing was at 1665.
Today, Gold opened at 1665. Daily Support for today is 1645 and Resistance is at 1673. Trend is Neutral, meaning price can go upside/downside. If price breaks 1673, another level of resistance will be at 1686.
Fundamental Events Pakistan time based
US PPI 5:30 PM
FOMC MEETING MINUTES 11PM
Gold Gold Analysis 12 October
11 October, Gold opened at 1668, made high at 1683 made low at 1660. Closing was at 1665.
Today, Gold opened at 1665. Daily Support for today is 1645 and Resistance is at 1673. Trend is Neutral, meaning price can go upside/downside. If price breaks 1673, another level of resistance will be at 1686.
Fundamental Events Pakistan time based
US PPI 5:30 PM
FOMC MEETING MINUTES 11PM
XAUUSD top-down analysis, UPDATED!!Hello 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.
Soon XAUUSD GOLD Will Re-PumpWe are looking for a pump near these supports like the green arrows shown on the chart since price is close to important daily support zones and the next support is 1680$.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
GOLD SELL IN DAILY 1587?In daily time frame gold is in downtrend after forming double top in daily time frame.gold market is looking bearish in bigger timeframe and we see selling pressure in gold prices due to strong dxy dollar index and US traseury bonds and fed rising interest rate. US major stock are also falling dow jones sp500 and us30 also showing weakness and selling pressure in the us stock market, XAUUSD Gold Market Analysis.
XAUUSD top-down analysis, UPDATED!!Hello 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.
XAUUSD top-down analysis, UPDATED!!Hello 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.
Gold Trade Idea GOLD ANALYSIS FRIDAY 7 OCTOBER -Aj Friday ha, Market ka akhri working day ha.
6 October, Gold open hua tha $1716, High $1725 banaya, Low $1705 banaya aur closing $1709. $7 ki kami hui ha 5 October ki closing sa.
Aj Gold, $1711.65 pe Open hua ha, $1713.24 ka high banaya, $1708.93 ka low banaya ha aur es waqt $1712 pe trade hora ha hai.
Aj Gold ki Support $1695 pe ha aur Resistance $1728. Trend aj ka neutral ha aur volatile bhi. Jesa Fundamental Data release hoga aus taraf Gold ki price jaigi toh Support and Resistance bht ziada important ha.
Aj Pakistan Time, 05:30 PM US Average Hourly Earning, Non Farm Employment Change aur USA Unemployment Rate k figure release hogay.
US Nonfarm Employment Change
Previous 315000
Market expectation 265000
US unemployment rate
Previous 3.7%
Market expectation 3.7%
En sab sa ahem event US Employment rate ha. Agr figures US$ k liye achay atay hain toh Gold ki price apni Support $1695 tak ghirsakhti ha.
Agr Figures US$ k liye bura atay hain toh Gold ki price apni resistance $1728 ya isay mazeed uper jasakhta ha.