Golduptrend
9 March 23: XAUUSD Price Bottom $1813. BULLISH $2000Kuala Lumpur, 9 March 2023 - Gold after the FED effect has bottom on $1813.
Robust price has been developed which seller quitted.
Bitcoin and cryptocurrency trader has tired.
Withdrawal and they putting into GOLD #xauusd right now.
While kathy wood pumped money not into coins but into coinbase.
We know she know something about the broker and confident about it.
She not buy into coins, she invest the hoe for the gold digger.
Chinese is piling a stock of gold.
An occasion that happen only 2 years once in tradition to buy gold.
For me, gold price is steady and support around the price of $1800 base.
FInd out that $1810-$1813 is the base that being the price key to bullish.
Shark use the first sentiment to sell gold and close trade on FED first comment.
Second day, they started buying in after selling and close their position.
They knew the price sector in gold right now is robust after a drop -1.6% (almost 2%)
This is the typical level percentage to buy the gold cheap.
The whole world is waiting for the massive bull run in gold. The end has near.
This is the good tragedy for the bear. In case,if you never see it the bull has started on gold.
Keep hold the gold above $1800.
The last chances in the century that gold will never go below $2000.
New era of the $2000.
-Zezu Zaza
Hedge Fund Manager Malaysia
Gold is ready for higher targets!With having a glance at the chart, it is clearly evident that gold intended to break the resistance level at 1833 for four times, and it was not successful enough to form a new ascending trend. However, latest quick growth and touching the level 1871 was not really predictable, The hit to the level of 1871 threw down the price about 200pips. The next target as it is already mentioned in the picture (at 1909) is accessible in the end of Dec 2021 if this area would be supported at the zone 1841-1845.
We will see Gold above 1900 soon !I don't know why is everyone thinking the gold will go down and visit 1625,1600,1550 areas! all the fundamental news and technical analysis say the opposite, gold will continue to grow, and stop looking on the daily downtrend chart, it's finished now, you must take a look at the monthly and weekly chart, gold already touched the weekly \ monthly uptrend support line and back from there to grow again.!
Gold going UPPPPP!!!!After months of gold trying to hit that 0.382 fibonacci retracement it finlly hit it and it hit our target aswell, after analysing gold again for some day, I have observed that gold formed an rever head and shoulders which would indicate that the gold will sky rocket, we have multiple confirmations now is a great time to but gold. Don't miss out :D!!! Remember to trade safe don't risk more than you can actually loose!!!
Gold @ Current Technical Scenario (4H)As long the price is trading more or lesse above the upside trend (since February`16) bullish!
round about 1303 should be a bullish support area
round about 1284 should be a bullish support area
round about 1263 should be a bullish support area
if the bears are winning the terrority backs,
- even more or less around the 1303, 1284, 1263 price levels
(and this not only for an hand full 4H hours, maybe for one week and longer)
- we need at least in my opinion a new current technical scenario ...
Best regards!
Aaron