XAUUSDBUY GOLD
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Goldpreis
Gold: Balanced 🌿Although Gold is gaining more stability while tapping sideways, it should work on its upwards momentum to carry on with our primary scenario. In this case it would rise up to the orange target zone to complete the orange wave iii. After completion, the orange wave iv should push the Gold back into a correction. In our alternative scenario with a probability of 45%, the course would drop below the support line at $1792 instead of climbing to the orange zone.
What's Next Move For GOLD!Gold bounced from a strong sell and resistance area ..
Where I see that the price is moving to the desired or specified area.
and until then we will update.
The value of gold appears to be trending towards $2500The gold market appears to have entered the initial stage of a new, major impulsive wave, identified as the third in a sequence of such patterns. This cyclical trend can be traced back to 1832, with the completion of the first wave in 1980. The corrective wave 2 concluded in 1999, and the first impulsive wave of the current third wave began in 2001.
In my analysis, it can be considered as the third impulsive wave in a larger impulsive wave 3 within another impulsive wave 3 of a higher degree.
Fibonacci resistance levels of note include:
— $2075
— $2553
— $3412
— $4642
— $4791
— $5953
— $7635
— $10682
Gold: Roaring TwentiesAre we repeating history and reliving the Roaring Twenties or should we call it the Golden Twenties? Gold is currently channeling all its power and following an upwards slope. Pushing up north, we're expecting the trend to stay strong to work its way above the resistance at $1824. Primarily, Gold should continue to move north as long as it remains above the $1739-mark.
DeGRAM | GOLD shortGold could not make a new high and made a false break.
We are considering selling at a resistance zone where a false break was created.
Some pullback or sideways movement is expected.
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DeGRAM | GOLD contractionGOLD is moving sideways. The price is coiling up.
Always, contraction leads to expansion.
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DeGRAM | XAUUSD bearish opportunityPrice action created a false break of the strong resistance level at $1855.
GOLD pulled back to the consolidation zone.
We anticipate further price movement down.
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DeGRAM | XAUUSD shortYesterday's fundamentals moved XAUUSD to its previous resistance levels.
GOLD is bearish on daily timeframe. We expect the price to continue its trend.
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DeGRAM | GOLD longGold moved to higher price levels by making higher highs on 1H.
Price is slowly gravitating to major resistance level 1870$.
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