Goldidea
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: Rearing up 🐎Gold has been rearing up once more but should soon return below the support at $1936 to continue the overarching downwards movement until the low of wave (4) in yellow is found, which we expect to happen below the turquoise zone between $1840 and $1713. However, there is a 30% chance that the precious metal could use the turquoise zone to finish wave alt.2 in turquoise instead. In that case, gold would turn upwards from there, rising back above $1936 and further northwards.
🥇Gold🥇 Falling with Double Top Pattern!!!Gold has managed to form a Double Top Pattern near the 🔴 resistance zone($1,973.3-$1,966.35) 🔴.
I expect gold to fall to at least the 🟢 support zone($1,939-$1,932.16) 🟢 after breaking the neckline in the coming hours.
Gold Analyze ( XAUUSD ), 1-hour time frame ⏰.
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🚨 XAUUSD HIGH PROBABILITY SELL SETUP SOON 🚨🚨 XAUUSD HIGH PROBABILITY SELL SETUP SOON 🚨
* Here we can see clearly the next potential move for Gold the coming hours or day.
* We can see clearly Gold is at OverBought on the RSI Indicator.
* Hence there's a potential move for a mini Reversal happening, before the major pullback happening & the continuation of the UpTrend move.
* EP(SELL): 1954.23
* TP: 1949.46
* TP1: 1940.10
* TP2: 1933.51
* SL: 1966.10
* Keep your eye close on your trading positions.
* Happy pip hunting traders.
* FXKILLA *
GOLD Analysis 13July2023GOLD analysis a few days ago was very well executed. currently the price has bullishly broken the SnD area and looks to retest the area. it is likely that prices will continue to rise. seeing a fairly thick bullish candle that occurred yesterday, it is likely that bullish is still dominant.
XAUUSD Top-down analysis 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.
Bullish move expectedXAUUSD is currently trading above 1930 as the US Dollar is under pressure. The support is found near $1923 is providing a cushion to the gold bulls. A break above $1940 will open a path to next resistance $1950. We are looking to buy gold after a pullback with first target $1940 and second target $1950.
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.
XAUUSDgold is in 4hr central pivot zone which is a nice retest area for a possible down move also have some divergence forming at this level for even more confirmation
this last up move caused a orderblock to be formed around 1926 which where im aiming for maybe even lower depending on price actions when it get there we could head bakc to that green trend line if it does break 1925 a nice 100-250 pip move is what im looking for