As you can notice on the chart, there's a BB the market gave us, you can sell and set your SL and TP as shown on the chart.
As you can notice on the chart, we have a BB which is our entry and a LQ Pool below which is our target. You can sell now and set your TP and SL as shown on the chart. The comment section is all yours for further questions!
Monthly: Just made new all time highs. The August candle closed within the range of the July candle's trading rang. As retracement is naturally expected when swing highs are swept, a pullback is expected. Weekly: Failed to make a new high after the previous candle established a new ATH. Daily: Price struggled to move higher for 10 days. Friday's candle...
Earlier I shared to sell XAUUSD but since the market haven't reached our entry, and it came to our BB, that means the market is now heading towards the liquidity area to make the next move. **The analysis is a little bit late since I can't share it at the same time I'm giving it to my customers. Follow for more!
As you can notice on the chart, we have the market now playing ayound the Sell Stops area, our entry, TP and SL are gonna be on the levels shown on the chart. Follow fore more!
It looks like wave 3 is about to reach its climax soon as EWO indicator shows Bearish divergence with the rising price. Wave 4 down could drop to the valley of smaller wave 4 around $2,285 and touch the downside of very beautiful uptrend. It should stay above the top of wave 1 at $2,085 otherwise the wave count could be invalidated. Wave 5 in commodities is...
Textbook Cup & Handle pattern (yellow) is in progress. The target for this pattern is located at the depth of the "Cup" added to the breakout point. So, the gold futures price eyes $3,000.
Here is a an analysis on XAUUSD using ICT Concepts based on our most recent price action. I take a top-down approach in analyzing price and anticipating future movements. Everything is explained in the video so watch it, and feel free to share your thoughts and ideas on what may be in store for Gold in the coming days, weeks, or months. - R2F
Gold Futures has taken support of near 50 Weeks EMA (Mother line) which is near 66402. This dip was due to change in customs duty of Gold while thinking rationally. Thus the zone between 67400 and 66402 presents a strong support zone. Mid channel support for gold Futures in case the Mother line is broken remains at mid channel support near 64030. It does not seem...
Price has broken the trendline and has now retested on the other side with a hammer forming as the market closed. Looking for price to continue bullish into next week. Keep in mind that price could very well break below the trendline again to form a M with the double top that is possibly forming as well. BUT I'm leaning more towards the buy because of price...
Hey Guys… Yearly Chart: Bullish Engulfing Pattern 2367 and 2283 are important Yearly FIB levels to watch Above we find 2485 and 2543 Below we find 2230 and 2150 Quarterly Chart: Bearish Star? -> Q3 will tell. -> Stochastics at level 90 monthly: a little weakness after the Rallye - 2 Stars and an Inside Bar - Stachastic is OB and turning. Will be happy to...
Is there still demand for gold by central banks around the world, and is gold heading for a correction? We will look into some data on the central banks' interest in this precious metal and discuss how to trade gold during this period. Micro Gold Futures & Options Ticker: MGC Minimum fluctuation: 0.10 per troy ounce = $1.00 Disclaimer: • What...
The bearish bias going into this week was correct. The market printed a bearish candle for the day, on the way to completing an IRL to ERL movement. I'm holding the same bias for tomorrow, as we near the first SSL target at the most recent swing low. BOOST and subscribe if you like the analysis. Thank you. May profits be upon you.
The gold price should retrace a good bit further within the framework of the orange wave iii. Then, a small countermovement should set in, which, however, should be quickly followed by a further sell-off. After the end of the blue wave (i), we expect a (corrective) rise.
Gold retreated over $100 from its all-time highs established earlier this month. Interestingly, this move down follows a pullback of similar magnitude in the U.S. stock market, which we have repeatedly referred to as a threat to gold’s spectacular performance; one minor detail to point out here is that this time around, gold seems to be falling in reaction to what...
Spot Gold has fallen 5% since the Middle East conflicts have lessened at least transiently. Other fundamentals like the Chinese government and indeed its citizens as well as the central banks of several nations buying gold in high volumes support price from significantly falling from here. Supported by volume profile specifics as well as the Fibonacci...
A clear change in the state of delivery! Look for the retracement to start from within the +FVG.
Gold (June) / Silver (May) Gold, yesterday’s close: Settled at 2383.0, up 8.9 Silver, yesterday’s close: Settled at 28.717, up 0.387 Gold futures traded above $2400 and Silver above $29 early in the session but did see a wave of profit taking through the thick of European hours, but are attempting to stabilize ahead of the U.S. bell. The construction off...