XAUUSD H4 Analysis - Bullish or BearishPair Name = Gold
Timeframe = H4
Analysis = technical + fundamentals
Please see the Above chart To see The Gold Next Moves.
We are currently in new Price Ranges. But we are also using our previous analysis and data to Follow the exact Path.
Currently We Can see between two strong support and Resistance levels. As we can see at chart 2590 Gold Price level and 2663 Gold Price level.
EMA 5 is indicating the trend of the market. EMA Cross over can range between 2577 to 2580. That indicates if Price breaks this level. Then we will see a small retesting period.
This kind market allow us to buy the dip and cash another next trend move.
Strongest retesting zone exists between the price level 2545 to 2556 price level.
EMA 5 Crossing levels:-
2580 To 2577
Retracement Zone:-
2545 To 2555
Bullish Gold Levels:-
2590
2615
Bearish Gold Levels:-
2564
2556
2545
2530
Stay tune we Will update again when market will give up another good direction move. With Different different time frame we check the market to get the Accuracte analysis according market next move.Happy trading.
SELL-GOLD
XAUUSD 23/6/24Gold this week has a similar outlook to last week. We have an extreme POI (Point of Interest) within the market, a higher time frame order block, and a fair amount of liquidity below the structural lows established last week during our pullback.
If you are up to date with last week's markup that we posted on TradingView, you would see that it has played out almost perfectly as expected. Following this, if we pull higher into the area of supply before dropping, we would expect a longer-term sell move. Conversely, if we sell off sooner, we will expect a bullish move later in the week.
If this fails, we expect the 4-hour low to be closed out completely and the price to move bearish. The main points to focus on this week are selling away from the area of supply and capturing the liquidity that sits below the lows.
Trade safe stick to your rules!
EJ TradesSupport forming on 15m chart, with the Yen weakening, theres little prevention against depreciation.
Id expect the EUR to rise against the Yen, I am placing a buy order at the bottom of support targeting the rejection to resistance.
We have sen over recent month's the dollar slowly eating away at the Yen, from this im predicting the EUR will follow.
Gold back at it with a rising wedge flag Hello traders!
Gold has formed a nice rising wedge pattern after rejecting the light resistance around 1758.00. The pattern has been broken and looks good for intraday trade. It could possibly retest the trendline around 1758. If you are willing to discuss am open to hear your thougt in the comment section.
SHORT ON XAU/USD GOLDPrice has been falling on gold as the dollar has been getting stronger.
Moving average cross of the 50 and 8 period moving average on the higher time frame, along with price respecting an bouncing off 8 period moving average.
I expect gold to fall at least $10 from 1931 to 1921 for a gain of 100 pips
Mid term forecast of XAU/USD GOLDZEYAN here!!!!
I'm looking at the market as a bull, and as far as I can tell, in the medium term, it's more bullish than bearish
This is a general idea of how I view the market; I use various entry techniques; please do not take this information at face value; conduct your own research.
Please let me know in the comments if you want me to analyse your charts.
like for more!!!!!!!!!
This is not financial advice; please conduct your own research and use this information as confirmation in addition to your own analysis.