Goldprice
Bitcoin to the moon?Bitcoin-Gold Ratio.
If you are going to trade with the big boys, there seems to be a good chance!
An inverse head and shoulders pattern!
What is this chart telling us? this chart is signaling a prolonged bull run (a protracted wave).
(what it might lead to) as a result: Gold could drop 80% against Bitcoin!
Remember, the market (pattern!) does not care what you think.
BTC = $ 96450
Gold = $ 2860
Feb 9, 2025
Appendix
The fat years
Gold price analysis February 7⭐️Fundamental Analysis
Gold prices maintained a slight upward trend in today's European trading session, hovering near the all-time high reached earlier. Safe-haven demand for gold continued to increase due to concerns about US-China trade tensions and the negative impact of the Trump administration's hawkish policies.
Meanwhile, the USD struggled as the market bet that the Fed would cut interest rates twice this year. US Treasury yields plunged, further strengthening the appeal of non-yielding gold. Investors are now focused on the US NFP employment report to determine the next trend of the market.
⭐️Technical Analysis
Gold prices continue to head towards all-time highs. The 2873 area has attracted a lot of attention from sellers before the ATH. resistance zone above note around 2898. more predicted downtrend for gold specifically a sharp fall to 2811 or deeper to 2786. pay attention to noted resistance zones for best trading strategy.
GOLD 4H CHART ANAYLSIS / BULLISH OR BEARISH? READ CAPTION PLZ4H Gold Analysis – 7th Feb 2024
Dear Traders,
Today's market movement aligns with our strategy of buying dips. Here's a summary of key insights:
Previous Chart Review (5th Feb)
* Target 1 (2850.15) ✅ – Successfully hit
* Target 2 (2876.95) ✅ – Successfully hit
* Target 3 (2903.76) – Pending
Key Resistance Levels Activated: 2850, 2876
Goldturn Levels Hit: 2852, 2828
What is next for Gold? Bullish or Bearish?
* Price Action Expectation: Movement between Goldturn levels with EMA5 confirmation for trend direction.
* Strategy: Monitor EMA5 crosses for trade entries.
Bearish Case
* If EMA5 stays below 2850, expect a retest of Goldturn levels.
* Scenario 1: Below 2823, likely drop to 2803.
* Scenario 2: Below 2803, expect 2776.
* Scenario 3: Below 2776, target 2747 (major demand zone).
Bullish Case
* Scenario 1: Above 2852, target 2876 ✅ DONE
* Scenario 2: Above 2876, target 2903.
* Scenario 3: Above 2903, target 2925.85.
Trading Strategy
Short-Term:
Use 1H/4H timeframes for pullbacks at Goldturn levels.
Target 30-40 pips per trade for optimized risk management.
Long-Term:
Maintain a bullish bias, viewing pullbacks as buying opportunities.
Avoid chasing tops; buy dips from key levels for better trade positioning.
Trade with confidence and discipline. Stay updated with our daily insights to stay ahead.
Support us with likes, comments, boosts, and follows!
📉💰 The Quantum Trading Mastery
SCALPING XAU ! resistance 2882 entry SELL today⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The benchmark 10-year US Treasury yield dropped to its lowest level since December 12 this week, driven by expectations of two Fed rate cuts by the end of 2025, further boosting demand for non-yielding gold.
Chicago Fed President Austan Goolsbee attributed the recent inflation stagnation to base effects, emphasizing the need to balance overheating risks with economic stability. Meanwhile, Dallas Fed President Lorie Logan acknowledged significant inflation progress but noted that the labor market remains too strong to justify imminent rate cuts. However, this did little to strengthen the US Dollar.
⭐️ Personal comments NOVA:
Nova still thinks the market today will have a surprise for NF, the market will fall freely, going against the current majority psychology.
⭐️ SET UP GOLD PRICE:
🔥 SELL GOLD zone: $2881 - $2883 SL $2888
TP1: $2870
TP2: $2860
TP3: $2850
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
Gold market analysis: 07-Feb-2025Good morning Dear Traders! Join me for the last Gold market analysis for the week. Share your charts, ask questions, and let's discuss trading strategies.
Gold's Rally and Bitcoin's Dip: Decoding the SignalsIs Gold's Glitter a Warning Sign? Bitcoin-Gold Ratio Plummets as Physical Gold Demand Soars
Gold, the timeless safe-haven asset, has been experiencing a resurgence, raising eyebrows and sparking discussions about potential economic headwinds. Its recent outperformance, coupled with a dramatic drop in the Bitcoin-gold ratio and a surge in physical gold deliveries, suggests growing concerns about the global financial landscape. Are these developments harbingers of fiscal worries ahead?
Gold's Allure Returns
Gold's appeal as a store of value and hedge against uncertainty has been rekindled. While the yellow metal has historically played a crucial role in portfolios seeking diversification and stability, its recent performance has been particularly noteworthy. Gold prices have reached all-time highs, driven by a confluence of factors, including geopolitical tensions, inflationary pressures, and fears of economic slowdown.
One significant factor contributing to gold's rise is the escalating trade tensions between major economic powers. Past trade disputes, such as the tariff exchanges between the US and China, have historically fueled safe-haven demand, benefiting gold. The current geopolitical climate, marked by increasing uncertainty and potential for conflict, further strengthens this narrative.
Bitcoin-Gold Ratio Plummets: A Shift in Investor Sentiment?
The Bitcoin-gold ratio, a metric that compares the price of Bitcoin to that of gold, has recently plummeted to a 12-week low. This decline suggests a shift in investor sentiment, with many seemingly favoring the traditional safe haven of gold over the more volatile cryptocurrency. While Bitcoin has often been touted as "digital gold," its price volatility and perceived regulatory risks may be driving investors back to the established stability of physical gold. This shift could indicate a broader move away from riskier assets and towards more traditional safe havens.
Physical Gold Demand Soars: A Flight to Tangible Assets
Adding fuel to the gold fire is the dramatic increase in physical gold deliveries. Reports indicate a surge in gold shipments to the U.S., with traders actively loading the precious metal onto planes bound for American shores. Furthermore, major financial institutions are playing a significant role in this trend. Investment banking giant JPMorgan, for example, is reportedly planning to deliver a staggering $4 billion worth of gold to New York this month. This substantial demand for physical gold underscores a preference for tangible assets, potentially signaling a lack of confidence in the stability of financial markets or fiat currencies.
Global Gold Demand Hits Record High: India Sees Uptick
The global appetite for gold is not limited to the U.S. According to the World Gold Council, global gold demand has reached record highs in 2024. Even in price-sensitive markets like India, gold demand has seen a 5% uptick. This widespread increase in gold consumption further reinforces the narrative of a flight to safety and a growing unease about the global economic outlook.
Is Gold's Outperformance a Sign of Fiscal Worries Ahead?
The confluence of factors driving gold's resurgence – geopolitical uncertainty, trade tensions, declining Bitcoin-gold ratio, and soaring physical gold demand – raises the critical question: are these indicators of deeper fiscal worries on the horizon? While it's impossible to predict the future with certainty, the historical precedent suggests a strong correlation between periods of economic uncertainty and increased demand for gold.
Gold's role as a hedge against inflation and economic turmoil is well-established. When investors perceive heightened risks in the global economy, they often flock to gold as a safe haven, driving up its price. The current environment certainly exhibits many of the characteristics that have historically triggered such a flight to safety.
The Potential Implications
If the current gold rush is indeed a sign of growing fiscal concerns, the implications could be significant. Increased demand for gold could put further upward pressure on prices, potentially exacerbating inflationary pressures. Furthermore, a shift away from riskier assets could lead to increased volatility in financial markets and potentially trigger a broader economic downturn.
A Word of Caution
While the evidence suggests a potential link between gold's outperformance and fiscal worries, it's essential to exercise caution. Market dynamics are complex and influenced by a multitude of factors. Gold's price can be volatile, and past performance is not necessarily indicative of future results. It's crucial to avoid drawing hasty conclusions based solely on gold's price movements.
Conclusion
Gold's recent surge, coupled with the decline in the Bitcoin-gold ratio and the surge in physical gold deliveries, presents a compelling narrative. While it's too early to definitively declare a looming fiscal crisis, the confluence of factors driving gold's resurgence warrants close attention. Investors should carefully consider these developments and assess their potential impact on their portfolios. Whether gold's glitter is a mere reflection of market jitters or a harbinger of deeper economic troubles remains to be seen. However, the current trends certainly raise important questions about the health of the global economy and the potential for increased volatility in the near future.
Gold Approaches $2,900 Per OunceGold has been one of the most prominent assets in recent sessions, recording a valuation increase of over 4% in the last five trading sessions. This surge is primarily driven by investors flocking to the safe-haven asset as concerns grow over the economic tensions generated by the White House in recent days. The global economic growth outlook has weakened due to potential tariffs on China, Canada, and Mexico, with discussions only suggesting a temporary pause that could eventually materialize. As a result, demand for gold in the short term continues to rise, keeping bullish pressure at historically high levels.
Stable Trend
The current strong buying bias has completely broken the previous sideways range, which was holding between $2,700 and the $2,600 per ounce floor. Currently, the historical high zone above $2,800 remains intact , but recent sharp price fluctuations could trigger short-term corrections.
RSI Indicator
The RSI line has shown remarkable growth, confirming that buying momentum continues to dominate gold. However, the indicator has now officially crossed into overbought territory at the 70 level , suggesting that selling pressure may momentarily take over the market, as reflected by the current bearish candle on the chart. If overbought conditions persist, downward corrections could become more relevant in the coming sessions.
Key Levels
$2,776: A nearby support level, aligning with the top of the previous sideways channel. This zone could act as a key level where potential short-term bearish corrections may take place.
$2,900: The next tentative resistance level, representing the price gold has attempted to reach in recent trading sessions. Sustained buying pressure above this level could reinforce the bullish bias, leading to a more accelerated uptrend on the chart.
By Julian Pineda, CFA - Market Analyst
Gold trading insights: 06-Feb-2025Gold trading insights: Not signals, but informative zones to aid your decision-making. Please note: These zones are not trading advice. Use them as a starting point for your own analysis.
GOLD DAILY CHART ANALYSIS MID/LONG TERM UPDATEGOLD Daily Chart Update
Hello Everyone,
Here’s the latest update on the GOLD daily chart we’ve been closely monitoring and trading. Below is a breakdown of recent movements and what’s next:
Previous Chart Review
* Key Resistance: We identified 2,790 as a critical resistance level and anticipated a potential reversal.
* Buy Signal: Recommended waiting for EMA5 to cross and hold above the ENTRY LEVEL (2,744) as a signal for a bullish move toward TP1 (2,807).
* Dynamic Support: Highlighted the FVG zone (2,720–2,740) as a key support area.
Outcome:
* EMA5 crossed above KEY LEVEL (2,744).
* Resistance at 2,790 was broken.
* TP1 (2,807) was successfully achieved, confirming the accuracy of our analysis.
What’s Next for GOLD?
* Candle Behavior: The daily candle didn’t close above TP1, suggesting a short-term reversal may occur.
Key Levels:
* Support: Strong support likely from the FVG zone and Gold Turn Levels (2,744 and 2,686).
* Downside Risks: If EMA5 crosses and locks below 2,744, the target shifts toward 2,686.
* Bullish Path: A bounce from support could retest TP1 (2,807) and further extend to TP2 (2,870.8) and TP3 (2,933.93).
Recommendations
Short-Term Trades:
* Use smaller timeframes (1H, 4H) to capitalize on dips at the Gold Turn Levels for 30–40 pips per trade.
* Focus on shorter positions in this range-bound market to avoid getting caught in volatility.
Long-Term Bias:
* We remain bullish and view pullbacks as opportunities to accumulate.
* Buying dips from our marked levels enables us to manage swings safely, rather than chasing tops.
Final Note:
Trade confidently and safely. Our precise analysis ensures you’re equipped to navigate the market effectively. Stay tuned for daily updates and insights across all timeframes.
Best regards,
The Quantum Trading Mastery
GOLD WEEKLY CHART MID/LONG TERM ROUTE MAP UDPATEDWeekly GOLD Analysis – Quantum Trading Mastery
Hello Everyone,
Here’s the latest update on the GOLD weekly chart we’ve been diligently tracking and trading. Below is a comprehensive breakdown of the current range and key levels we’ve identified.
Recap of Last Week’s Analysis:
Last week, our predictions aligned perfectly with market movements:
* A strong resistance level at 2790 caused a short-term reversal near 2735.
* The FVG acted as dynamic support at 2735, sustaining the bullish momentum.
* The EMA5 crossed and locked above the key level at 2735, solidifying upward movement.
* As predicted, the resistance was broken, leading to a new all-time high of 2817.
Our analysis delivered precise predictions, allowing you to trade confidently and minimize risks.
What’s Next for GOLD This Week?
Key Level: 2735
Bullish Targets:
* TP1: 2877
* TP2: 3018
* TP3: 3160
Bearish Targets:
* 2735
* 2680
* 2595
This week, we have identified two critical GOLDTURN levels at 2735 and 2595. While we anticipate GOLD reaching TP1 at 2877, there may be short-term reversals around these key levels and GOLDTURN zones.
Recommendations:
To better understand the support structure and identify optimal dip-buying opportunities, review our smaller time-frame analyses (daily, 12H, 4H, and 1H). These insights will help you navigate the market with precision, keeping long-term gaps in perspective.
We’ll continue to provide daily updates and insights to keep you informed.
Thank you for your continued support! Don’t forget to like, comment, and share this post to help others benefit as well.
The Quantum Trading Mastery
GOLD TRADING POINT UPDATE > READ THE CHAPTIAN Buddy'S dear friend 👋
SMC Trading Signals Update 🗾🗺️ Gold traders SMC trading poi nt update you on New technical analysis setup list time post signals 🚀 Hit sucksfully My target 🎯 point 2877 Now ✅ update you on New technical analysis update on gold 🪙 Gold still going to bullish trend 📈 🚀 today us session. More bullish on Gold take a New ATH 2904 I'm long Now 2869 + 2904 Good luck 💯🤞
Key Resistance level 2880 + 2904
Key Support level 2866 - 2854 - 2845
Mr SMC Trading point
Plaes support boost 🚀 analysis follow)
GOLD TRADING UPDATE > READ THE CHTAPIAN Buddy'S dear friend 👋
SMC Trading Signals Update 🗾🗺️ Gold traders SMC trading point update you on New technical analysis setup for Gold 🪙 Gold still holding it up rising Gold 🪙 today take again 💪 new ATH 2845 I will see again for New ATH 2880 ) Gold Traders SMC-Trading Point update technical patterns b. SMC ) Gold recovery samll trade Short 😀 2830 - 2817 that is good support level of buying zone ☺️ 🥂 good luck 🤞
Key Resistance level 2845 + 2880
Key Support level 2830 - 2817 - 2772
Mr SMC Trading point
Pales support boost 🚀 analysis follow)
Signal gold📉 Signal 1: Entering a Short Trade
🔹 Entry Conditions:
If the price fails to break 2,806 - 2,813 and shows bullish weakness, a short trade can be considered.
Entry around 2,789 is suitable.
🔹 Stop Loss:
Above 2,800
🔹 Take Profit:
First target: 2,777
Second target: 2,764
Third target: 2,764 (if the downtrend continues)
🔹 Risk Management:
If the price stabilizes above 2,813, reassess the trade.
If 2,777 support is broken, the downtrend will strengthen.
📈 Signal 2: Entering a Long Trade
🔹 Entry Conditions:
If the price holds the 2,777 - 2,789 support and reversal candles appear, a long trade can be considered.
Entry around 2,818 is suitable.
🔹 Stop Loss:
Below 2,806
🔹 Take Profit:
First target: 2,850
🔹 Risk Management:
If 2,764 is broken, reassess the long trade.
If the 2,813 resistance is broken, the uptrend will strengthen.
✅ Overall Conclusion:
If the price reaches 2,806 - 2,813 and shows weakness, a short (sell) trade is preferable.
If the price reaches 2,777 - 2,789 and shows bullish reversal signs, a long (buy) trade is logical.
Entry confirmation should be based on price action and candlestick patt
GOLD 1H CHART TRADING PLAN FOR THE DAY / READ CAPTIONAnalysis of the 1H Timeframe Chart for Gold (XAU/USD)
Previous Chart Review
The bearish move from the ENTRY LEVEL at 2,796 reached Take Profit 1 (TP1) at 2,778, validating the support at GOLDTURN levels AT 2,778.
GOLDTURN acted as a critical support level, rejecting lower prices and triggering a bullish rebound.
The upward move successfully achieved:
TP1: 2,798 ✅
TP2: 2,807 ✅
TP3: 2,817 ✅
Current Market Structure
Key Resistance Levels:
Supply Zone: 2,830.57 (Highs above TP3)
Bullish targets identified at:
2,837 (TP2)
2,856 (TP3) for extended upward momentum.
Support Levels:
Immediate support: GOLDTURN levels at 2,813
Additional supports:
2,803
2,793
2,783
2,774
Retracement range: 2,732–2,740
EMA Analysis:
The EMA5 (2,815.20) is a key pivot zone, indicating short-term trends:
A break and hold above 2,817 it suggests continuation of bullish momentum.
A break below it signals a possible test of support levels.
Trend Analysis:
Current candles reflect a potential pullback to the 2,813 level.
A bullish continuation above 2,817 could confirm upward momentum toward 2,837 and beyond.
A failure to hold above 2,813 may test lower GOLDTURN levels.
Trading Plan:
Bullish Strategy:
Monitor EMA5 crossing and holding above 2,817 for:
Immediate targets: 2,837, followed by 2,856.
Buy dips at support levels (2,813, 2,803, 2,793) targeting 30–40 pip gains.
Bearish Risks:
Downside triggers include:
EMA5 crossing below 2,817 leading to a test of 2,798.
Sustained moves below 2,798 may target 2,744 and 2,732–2,740.
Range Confirmation:
Await confirmation through a break and lock above/below key levels:
Bullish continuation: Above 2,837.
Bearish momentum: Below 2,813.
Long-Term Outlook
The bullish bias remains intact, with pullbacks offering opportunities to accumulate positions.
Focus remains on risk management by entering at support levels and exiting at predefined targets (20–40 pips per level).
Final Thoughts
Confidence and discipline are essential to navigate market fluctuations effectively.
This structured approach ensures traders are prepared for both bullish and bearish scenarios.
Check out further updates and multi-timeframe for more insights!
Please support us by liking, comments and boosting if you think our analysis is worth it.
The Quantum Trading Mastery
GOLD 4H CHART ROUTE MAP AND TRADING PLAN FOR THE WEEK4H Trading Analysis
Hi Everyone,
Here’s our updated 4H chart analysis and key levels for the upcoming week.
Market Overview
As seen on the chart, after successfully reaching TP2, the candle body failed to close above this level, and the EMA5 also did not cross and lock above it. Currently, Gold is trading within three weighted levels, with a gap above 2,800 and a gap below 2,788.
What’s Next for GOLD?
The 4H candle was unable to close above TP2 (2,815), and EMA5 was rejected at this level. This indicates a potential short-term reversal.
📉 Key Levels
Support Zones: Strong support is expected at the FVG zone and Gold Turn Levels at 2,788, 2,762, 2,745, and 2,705 (Retracement Range).
Downside Risks
If EMA5 crosses and holds below 2,788, the next target is 2,762.
If EMA5 crosses and holds below 2,762, the downside extends to 2,745.
A further break below 2,762 could drive prices down to 2,705.
📈 Bullish Scenario
A bounce from support levels could trigger a retest of TP1 (2,788), with potential upside towards TP2 (2,815) and TP3 (2,841).
Trading Strategy
🔹 Short-Term Trades:
Utilize 1H and 4H timeframes to capitalize on pullbacks at Gold Turn Levels.
Target 30–40 pips per trade while focusing on shorter positions in this range-bound market.
🔹 Long-Term Outlook:
Our bullish bias remains intact, viewing pullbacks as buying opportunities.
Buying dips from key levels offers better risk management rather than chasing tops.
Final Thoughts
Trade with confidence and discipline—our precise analysis keeps you well-prepared to navigate market movements. Stay tuned for daily updates and multi-timeframe insights.
Best regards,
📉💰 The Quantum Trading Mastery
Gold on Its Way to $3,000 Within a Month Will You SeizeDo you remember our previous predictions that hit the target perfectly?
Today, gold continues its strong upward trend, and based on technical, economic, and political analysis, it is on track to reach $3,000 within the next month!
🔥 For those who missed previous opportunities:
Gold keeps breaking records, yet some remain hesitant!
But successful investors act at the right time before it’s too late!
💡 Why will gold continue to rise?
🔸 Technical Analysis: Strong indicators confirm the uptrend.
🔸 Economic Analysis: Inflation and market instability drive investors toward safe-haven assets.
🔸 Political Analysis: Geopolitical tensions and global events increase demand for gold as a safe haven.
📈 The markets wait for no one… The decision is yours!
Will you take action now, or regret it later?
Don’t miss upcoming opportunities— follow us to get the latest analyses and predictions first!
#GoldTrading #BuySignal #GoldTo3000 #TechnicalAnalysis #EconomicAnalysis #PoliticalAnalysis #SmartInvesting #GoldenOpportunity #BigProfits
Gold (XAU/USD) Price Analysis: Bearish TReversal from ResistanceThis is a technical analysis chart of Gold (XAU/USD)
Key Observations:
1. Resistance Zone:
A resistance area is marked in the upper part of the chart, where the price struggles to break through.
The price reached this zone and faced rejection, indicating selling pressure.
2. ABC Correction Pattern:
The chart displays an ABC corrective structure:
(A) represents the initial upward movement.
(B) shows a pullback.
(C) marks a final upward push before reversing.
3. Bearish Reversal Indication:
The price failed to sustain above the resistance zone and started declining.
The red arrow suggests a potential downward move.
A short position (sell trade) is highlighted in the red-shaded area.
4. Key Support Zones:
The price is approaching a highlighted support region where buyers may step in.
A deeper pullback could lead to the lower support box.
5. Volume and Momentum:
If bearish momentum increases, price might break support and continue downward.
If buyers hold support, a bounce back towards resistance is possible.
Conclusion:
The market is currently showing bearish signs after hitting resistance.
A short trade setup appears in play, targeting lower support zones.
Gold Price Analysis: Bullish Breakout Formation on 1H ChartKey Observations:
Price Level: The current price is around $2,805.507, showing a gain of +11.950 (+0.43%).
Pattern Identified:
A bullish flag or wedge pattern seems to be forming, indicated by the blue trend lines.
This suggests a potential breakout to the upside, as illustrated by the blue arrow.
Support & Resistance Levels:
Support: Around $2,800, as price action has tested this level.
Resistance: Around $2,810, where price has struggled to break out.
Trend Direction:
The market appears to be in an uptrend, with a recent retracement that could lead to another push higher.
The blue arrow suggests that a bullish continuation might occur if the price breaks above the resistance.
Trading Outlook:
Bullish Case (Breakout Above $2,810):
If price breaks above $2,810, it could move toward the next resistance level, possibly around $2,820 or higher.
This would confirm the bullish pattern.
Bearish Case (Rejection at Resistance):
If price fails to break above resistance, it may pull back to $2,800 or lower before attempting another breakout.
Conclusion:
Watch for a breakout above $2,810 for confirmation of a bullish move.
If rejection occurs, price may test support at $2,800 before another attempt.
GOLD TRADING POINT UPDATE .READ THE CHAPTIANBuddy'S dear friend 👋
SMC Trading Signals Update 🗾🗺️ Gold traders SMC trading point update you on New technical analysis setup for Gold 🪙 Gold list week take a New All Time high ATH 2817 ) Gold Traders SMC-Trading Point still ses a bullish trend 📈 🚀 this week take a New 🆕 ATH 2837 fisrt take support breakdown moving 😃 up trand that expect it. Next week Two strong 🪨💪 support level 2785 2772 that entry buying said if close below 👇 that level that expect Short Trade. 2724 2703 )
Key Resistance level 2817+ 2837
Key Support level 2785 - 2772 - 2724 - 2703
Mr SMC Trading point
Pales support boost 🚀 analysis follow)
Gold XAUUSD Possible Move 04.02.2025Gold (XAU/USD) Price Action Analysis & Trading Signal – February 4, 2025
Market Structure & Key Zones:
The price is currently ranging between $2,813 - $2,825.
There are two identified buying zones:
First Buy Zone: $2,810 - $2,813
Second Buy Zone: $2,796 - $2,799
Resistance levels:
First Target: $2,825
Second Target: $2,841
Trading Strategy & Signal:
Scenario 1: Buy from First Zone ($2,810 - $2,813)
If price finds support and shows bullish rejection (e.g., pin bars, engulfing candles), enter long.
Entry: $2,810 - $2,813
TP1: $2,825
TP2: $2,841
SL: Below $2,804
Scenario 2: Buy from Second Zone ($2,796 - $2,799) if the first zone fails
If price breaks below $2,810 but respects $2,796, look for reversal signs to buy.
Entry: $2,796 - $2,799
TP1: $2,813
TP2: $2,825
SL: Below $2,790
Conclusion:
Gold is currently in a range-bound structure, and we are looking for bullish confirmation before entering. Patience is key—wait for price action signals at the highlighted demand zones before executing a trade.
Please like follow and show support.
Gold Hits $2,842 as Predicted… Did You Seize the Opportunity?Do you remember our last post where we gave you a gold buy signal?
Today, gold has reached $2,842 —exactly as we predicted!
🔥 Unfortunately, for those who missed our previous post:
That was the golden opportunity to buy and profit...
Now, it's regret and loss for those who ignored the warning!
💡 Gold is on its way to $2,925 … just as we mentioned before!
Don't miss the opportunity again—buy gold now before you lose out on massive gains!
Don't let yourself become a victim of missed opportunities…
Follow the analysis and always be prepared for any scenario!
📈 The market waits for no one…
Are you ready for the next move?
Don't miss upcoming opportunities— follow us now so you never miss an important signal or analysis!
#GoldTrading
#BuyGold
#GoldSignals
#GoldInvesting
#TradingOpportunities
#MarketAnalysis
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Gold Price Analysis: Bearish Breakdown with Potential RecoveryThis chart is a 1-hour time frame of Gold CFDs (US$/OZ)
Key Observations:
1. Current Price: The market is trading at $2,779.935, showing a -0.63% decline.
2. Resistance & Support Levels:
Resistance Zone (Green Box at the top): Around $2,795 - $2,801.
Support Zone (Green Box at the bottom): Around $2,728 - $2,740.
3. Trendlines & Patterns:
ABC Pattern: A corrective wave structure is visible:
(A) - Initial Uptrend
(B) - Continuation Higher
(C) - Market Reversal Downward
Bearish Breakdown: After reaching the peak at (C), the price broke below an upward trendline (blue).
4. Potential Price Movements (Forecasted Scenarios):
Bearish Move (Red Arrow & Box): A downward move is expected, targeting the lower support zone (~$2,740).
Bullish Recovery (Upward Arrow): If support holds, a possible recovery towards $2,795 - $2,801 could occur.
Conclusion & Trading Strategy:
Bearish Bias: If price stays below $2,784, a further decline towards $2,740 is likely.
Bullish Recovery: A strong rejection from $2,740 could push the price back up to $2,795+.
Key Levels to Watch: $2,784 (minor resistance) and $2,740 (major support).
