Hey Everyone, Please see update on our weekly chart idea and analysis that we have been tracking and trading for several months. Last week we got the correction just above the channel top near 2467 Goldturn support, which followed with a nice push up like we said. We also stated that we had a candle body close above 2505 leaving a long term/range gap open to...
Hey Everyone, We have been successfully tracking this chart for a while now and after completing all our targets inline with our plans the last month candle opened in a central range with room above and below for the updated detachment to complete, which we highlighted circles and also room above to re-test the new open range. The detachment with the circle...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Falling Wedge as an Corrective Pattern in Short Time Frame Break of Structure RSI - Divergence Fibonacci Level - 23.80% Completed " 123 4-wxy " Impulsive Waves
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves and " A " Corrective Waves Break of Structure Fibonacci Level - 50.00% Demand Zone Impulse Correction
After the rise of gold and the fall below the trend line that we expected to fall, we can enter sell positions again and place the Stop loss at the bottom of the chart at the 2270 So, this analysis is a continuation and confirmation of the previous analysis so that we can have more reliable sales with the updated idea.
Awaiting today's key U.S. inflation data PCE, this data may provide more clues to the Federal Reserve's policy path and deserves everyone's attention. The U.S. market will also see changes in the number of initial jobless claims in the week of March 23, the final value of U.S. fourth-quarter GDP, and the final value of the University of Michigan Consumer...
Hello guys! I am looking a good sell from here on xauusd my take profit which I am looking at was 2088. Let's rock together I want you all guys win just win just in blueeeees!
Gold rose sharply on Friday without any retracement at all. Gold also broke through the previous high in 4 hours. Now gold is continuing to go long. Gold’s previous high of 2065 is also a direct Yang breakthrough. Gold will step back to 2065 next week and continue to go long. Gold's daily line has a big positive line. It is difficult for gold to fall sharply...
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.
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.
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed " 1234 " Impulsive Waves. Bearish Channel as an Corrective Pattern in Short Time Frame. It has completed the Break of Structure and Retracement. 2036 - 2042 is Acting as a Strong Resistance in Short Time Frame , Possible Entry After Rejection or Breakout
On the night of November 20, today's spot gold price on the world market stood around 1,973 USD/ounce. Gold delivered in December on the Comex New York floor was at 1982 USD/ounce. The world gold price on the night of November 20 was about 8.2% higher (149 USD/ounce) compared to the beginning of 2023. World gold tends to continue last week's increase after...
Many experts predict that the US economy may fall into recession this year due to the rapid pace of interest rate increases. However, the world's largest economy is surprisingly strong. In its statement, the Fed emphasized that the US economy was still growing strongly in the third quarter, the unemployment rate was low and the banking system was resilient. This...
If you see the movement of gold, there is no sign of bullish, the price increases is still possible because of the correction from the bearish and next week it is still most likely the price will continue the trend bearish. I look for a strong support area and the area is also accompanying with Fibo Retracement at the level of 0.236 Previous analysis I shared on...
Gold has been a bullish movement since it broke the 1900/1904 support level on 23rd August. Yesterday, it managed to overcome the EMA-200 on the 4HR Time frame upside to the 1948.98 price which was rejected by a daily bearish trendline and also the upper trendline of the recent ascending channel. Price will continue to short by price action to the next...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Consolidation Phase Completed " 12 " Impulsive Wave Strong Support Bearish Channel in LTF Break of Structure
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Head and Shoulder Break of Structure Completed " 12345 " Impulsive Wave and " A " Corrective Wave Demand Zone Bullish Channel as an Correction in Short Time Frame