Hello, community! 👋 How are you all doing this week? I hope you’re ready for some insightful trading opportunities. Let's dive into the analysis for XAU/USD (gold), as it looks promising for a bearish trend. Market Overview This week, XAU/USD is presenting a potential bearish scenario. After observing the current market conditions and price action, I’ve...
I see a perfect horizontal range on Gold on an hourly time frame. After a test of its support, a tiny cup and handle pattern was formed. Bullish breakout of its neckline gives a perfect bullish confirmation. We can expect growth to 2506 now. ❤️Please, support my work with like, thank you!❤️
Gold is bearish movement Gold fall will done Gold is fall on 2028 Guy's use sell Target 2000 Always follow the trend
After the test of a major horizontal daily demand cluster, sellers look weak on Gold. Analyzing the price action for the last 3 weeks, I spotted a completed inverted head & shoulders pattern. 1925 - 1941 is the neckline of the pattern. Bullish reversal will be confirmed once a daily candle closes above that. A bullish continuation will be expected then to...
Gold is still very bearish. After a pullback, the price formed a double top pattern on 1H time frame. The neckline of the pattern is broken. I expect a bearish movement to 1900 / 1895 levels. ❤️Please, support my work with like, thank you!❤️
As I predicted, Gold dropped this week. The price successfully violated 1924 - 1940 horizontal demand cluster. The broken structure turned into a supply area from where we saw a strong rejection of Friday. I do believe that the market will keep falling next week. Next support - 1900. If the price goes higher, watch a falling trend line. That will be the next...