GOLD Next Move (wait for the perfect entry)TVC:GOLD Now the price must settle above 2637 to reach our resistance area which is 2660 for an ideal entry and then it will drop to the next target which are 2611 and 2583.
Xauanalysis
XAU/USD 14 October 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
Analysis/Bias remains the same as analysis dated 13 October 2024.
As mentioned in my analysis dated 09 October 2024, price could print lower to bring CHoCH positioning closer to current price action, as the previous CHoCH positioning was quite distant. This is exactly how price has moved.
Price is currently positioned in the premium above the 50% equilibrium (EQ).
Intraday Expectation: Price is expected to react at the premium of the 50% EQ or H4 supply zone before targeting weak internal low.
I advise caution due to ongoing geopolitical tensions and the Fed's dovish stance. However, we will remain systematic in our approach.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Following last week's bearish iBOS, price did not target weak internal low with price printing bullish iBOS.
This is in line with H4 bullish pullback phase.
We are now trading within an internal low and fractal high.
Should price print bearish CHoCH we would have a confirmed internal range which will be significantly narrower than previous internal ranges.
Intraday Expectation: Price is expected to print a bearish CHoCH, indicating the initiation of bearish pullback phase. Bearish CHoCH positioning is marked with a blue dotted line.
Systematically price should either react at discount of 50% EQ or M15 demand level to target weak internal high, however, due to significant narrowing of the internal range, coupled with the fact that price is in premium of 50% EQ of the H4 internal range, I would not be surpised if price printed a bearish iBOS.
M15 Analysis:
XAU/USD 09 October 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
Analysis dated 06 October 2024 was accurate, with price targeting the weak internal low and printing a bearish iBOS.
We are now trading between an internal high and fractal low.
CHoCH positioning is still quite a distance from current price, so it’s possible that price may print new lows to bring CHoCH closer to current price.
Intraday Expectation: Price is expected to print a bullish CHoCH to indicate the initiation of a bullish pullback phase, keeping the above scenario in mind.
I advise caution due to ongoing geopolitical tensions and the Fed's dovish stance. However, we will remain systematic in our approach.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
Yesterday's analysis (08 October 2024) was accurate, with price pulling back, printing a bullish Change of Character (CHoCH), reacting at the premium of the 50% internal equilibrium (EQ), and then targeting weak internal low, ultimately printing a bearish iBOS.
We are now trading between an internal high and fractal low.
Intraday Expectation: Price is expected to print a bullish CHoCH, indicating the initiation of a bullish pullback phase. Bullish CHoCH positioning is marked with a blue dotted line.
Price is likely to react at the premium of the 50% EQ or the M15 supply zone before targeting the weak internal low.
M15 Chart:
XAU/USD 04 October 2024 Intraday AnalysisH4 Analysis:
intraday expectation remains unchanged from yesterday's analysis (02 October 2024).
-> Swing: Bullish.
-> Internal: Bearish.
Price has continued its surge, reaching all-time highs with minimal pullbacks.
The bearish swing pullback phase has been confirmed by a bearish Internal Break of Structure (iBOS), which has also established the current swing range. At present, we are trading between the swing high and internal low.
Price has now printed a bullish Change of Character (CHoCH), suggesting, but not confirming initiation of a bullish pullback phase.
Additionally, the price has reacted from the premium zone above the 50% internal equilibrium (EQ).
Intraday Expectation: The expectation is for price to target a weak internal low.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Price did not meet yesterday's intraday expectation, as the internal structure flipped from bearish to bullish, with the price printing a bullish Internal Break of Structure (iBOS).
A bearish Change of Character (CHoCH) has been printed, indicating the initiation of a bearish pullback phase, and an internal range has been established.
It is expected that the price will trade down to the premium zone of the 50% internal equilibrium (EQ) or the M15 demand zone.
Intraday Expectation: Technically, the price is expected to target the weak internal high.
Given that the H4 timeframe appears to be in a bearish pullback phase, any bullish momentum is likely to be short-lived.
With rising geopolitical tensions, coupled with a dovish stance from the Fed, Gold is expected to remain highly volatile in the short term.
M15 Chart:
XAU/USD 14 August 2024 Intraday AnalysisH4 Analysis:
Analysis/Bias remains the same as yesterdays analysis dated 11 August 2024
-> Swing: Bullish.
-> Internal: Bullish.
Following price printing bullish BOS price pulled back to discount of 50% EQ before targeting weak internal high.
As previously mentioned, bullish momentum and pro swing/internal structure was unable to break and close above weak internal high, which could be an early indication that bearish pullback phase is incomplete and price will seek further liquidity before targeting weak internal high. This is what price printed according to my analysis.
Intraday expectation: Price has reacted at an H4 demand level, therefore, price to target weak internal high.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Following bullish iBOS, price printed a bearish CHoCH to indicate bearish pullback initiation.
Internal structure is substantial, therefore, I have zoomed out in order to obtain a better view of structure.
Price has reacted at an M15 supply level, however, the move did not sustain sufficient bearish momentum and it seems weak internal high is being targeted.
Intraday expectation: Whilst I have mentioned that price may target weak internal high, price may well print a secondary reaction to the M15 supply level in order to gain more liquidity to complete bearish pullback phase.
M15 Chart:
XAU/USD 09 August 2024 Intraday AnalysisH4 Analysis:
Bias/Analysis remains the same as analysis dated 04 August 2024.
-> Swing: Bullish.
-> Internal: Bullish.
Following price printing bullish BOS price pulled back to discount of 50% EQ before targeting weak internal high.
However, bullish momentum and pro swing/internal structure was unable to break and close above weak internal high, which, much like the daily TF, could be an early indication that bearish pullback phase is incomplete and price will seek further liquidity before targeting weak internal high.
Intraday expectation: Technically, price should target weak internal high, however, price has made one failed attempt, therefore, price could continue bullish, react at H4 supply level, print bearish price action, react at H4 demand level before targeting weak internal high.
H4 Chart:
M15 Analysis:
Analysis/Bias remains the same as yesterday's analysis dated 06 August 2024.
-> Swing: Bullish.
-> Internal: Bearish.
Yesterday's intraday expectation was met, assisted by dovish US economic news.
Price has printed a further bearish iBOS followed by a bullish CHoCH indicating bullish pullback phase initiation.
Indication of pullback initiation started by reaction at H4 demand level.
Price is currently hovering around 50% EQ printing low volume rangebound price action.
Intraday expectation: Price to react at premium of 50% internal EQ or M15 supply zone before targeting weak internal low.
Alternative scenario: Whilst intraday expectation is technically correct, we need to bear in mind that internal H4 structure is bullish with bearish pullback phase currently underway and could potentially be complete after reacting at H4 demand level.
M15 Chart:
GOLD Analysis: Huge Cup and Handle on the monthly chartGold painted a huge cup and handle pattern on the monthly chart which makes it super bullish for the long term with the target of $3,200. But for the short term, I expect a correction to $2,100 before the main rally to make new highs.
GOLD ( UNDER CPI PRESSURE ) ( 4H ) XAUUSD
HELLO TRADERS
in the last chart as mentioned the price is under bullish reach first target , today still continues to reach a resistance level , beware today have a some huge news
TURNING LEVEL : around 2,368 $ , the price stabilizing this level indicates active resistance level , if the price breaking this level trying to reach a support level
PRICE MOVEMENT :
ACTIVE RESISTANCE LEVEL : know the price trade above 2,368$ , indicates active this level in my suggest the price it will attempt to reach a turning level after touch a resistance level around 2,394 $ , then above this level have a FVG place trade above this level reach a next resistance around 2,415 $
ACTIVE SUPPORT LEVEL : this level become active when the price breaking a turning level at 2,368$ , which is what make it reach a support level at 2,347$ and 2,328$
TARGET LEVEL :
RESISTANCE LEVEL : 2,394 $ , 2,415
SUPPORT LEVEL : 2,347$ , 2,328 $
XAU/USD 27 June 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
As previously mentioned, price reacted at 50% EQ of the internal range to target weak internal low, however, price was unable to close below internal low due to H4 demand zone.
Nonetheless, internal structure remains bearish until strong internal high is taken out.
Intraday expectation: Price could potentially be seeking further liquidity to once again target weak internal low.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
As per previous intraday expectation price did target weak internal low and printed a double bearish iBOS.
Price has reacted at a H4 demand level to potentially initiate bullish internal pullback.
Price has yet to print a bullish CHoCH indicating, but not confirming bullish pullback initiation following bearish iBOS, therefore, price is contained within an internal high and fractal low.
Internal high and CHoCH positioning are currently at the same level.
Intraday expectation: Price to either react at premium of 50% EQ or M15 POI before targeting weak internal low.
Price could potentially continue bearish to engineer a CHoCH closer to current price.
M15 Chart:
Analyzing Gold Price Trends: Downtrend or Upwardtrend The price of gold (XAU/USD) is currently in a stable uptrend on Tuesday during the Asian trading session, fluctuating around $2,350, near its previous high. The Fed's delay in cutting interest rates could potentially increase US bond yields and strengthen the US Dollar, impacting gold price movements.
From a technical perspective, the Relative Strength Index (RSI) is trading near overbought levels, but it's uncertain whether prices will adjust towards the 20-day Simple Moving Average (SMA). Any downward adjustments could find strong support at $2,300, and if prices continue to decline, XAU/USD may be pushed towards significant support levels around $2,267-$2,265.
xau analysisDear wolfy traders :
"Today, it is predicted that the price of gold will rise significantly. Although news related to the US dollar may cause temporary price drops, in the long run, the price of gold is expected to increase. Therefore, it is recommended to use the corrections as an opportunity to engage in long-term or scalp trades. Rest assured, I will provide updates on this analysis later today."
XAU this weekDear all wolfy friends :
What I see is buyers power to reach higher prices for next days but for sure there would be a structure( battle of the sellers and buyers). so on this condition I suggest you to play on buy if you are a trend trader but what if power goes for down trend?
if power goes for downtrend im sure we are in correction prices after there be a good structure for down trend we can play as seller.
I will update this till next monday and if get good position share it with you. let us hunt
XAU daily (1D) chart overviewXAU daily view. 1950 key important level. We are out of descending channel, but still new BOS is not formed. Price is still doing LH and LL. If 1950 is broken and price confirms above, we will have new HH. If price cannot brake 1950 - will be looking for shorts. Liquidity was swept and that’s a good sign for shorts. If it brakes and retest 1950 forming resistance to support - will be looking for longs. Fundamentals like war, feds decision not to hike rates may lead to a vey bullish moves.
GOLD Analysis 9Sep2023
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 the Hokusai Channel.
This analysis continued what I shared on my channel, you can see my channel and follow it for free.
Gold Long UpdateThis is my final update to the long trade on Gold I have been tracking. We got the bounce exactly from 0.886 as indicated in my previous post and we got an approx. 1.7% move but it failed to go any further.
Although the setup is successful as we have already got 2+ % bounce earlier from it and we were expecting the type 2 bounce form the harmonic would give us a better bounce, but it turned out to be a dud.
So Now I am looking at price action as indicated in through the sketch. If it fails to breach and sustain above the turquoise line, we will go down along the path.
Keep in mind this long was always meant to be a scalp as the trend is down and this setup was part of larger short setup, I gave from 2052 early last month. I will keep an eye on any new longs possible along the downtrend and will post it. Most likely My next long setup would be when we will hit the purple line at the bottom of the chart which is multiyear S/R trend line.
Please boost and follow me here to get notified about my pre planned setups.
XAUUSD HTF ANALYSIS SELLS PENDINGUS DOLLAR IS LOOKING TO INFLATE THE NUMBERS AS WE HEAD FOR SOME FORM OF SWITCHOVER.
I have predicted since january we could see an offering by the fed to buyback all fiat currency (USD) in exchange for the new alternative digital standard. Being that more than 90% of circulating currency is digital this would be an easy and palatable transition by most of civilization. I believe they over a 1:1.5 Ratio take back all the USD Then pay off the debt.
However the HTF Dollar Chart tells a slightly different story.
Lets see what the CPI brings this week good luck to everyone.
For more info follow my socials located in my BIO!
Cheers.
Sell From this ZoneSell from this zone . Take profit @1977- 1969
Gold Intraday: key resistance at 1991.00.
Pivot:
1991.00
Our preference:
Short positions below 1991.00 with targets at 1977.00 & 1969.00 in extension.
Alternative scenario:
Above 1991.00 look for further upside with 1999.00 & 2006.00 as targets.
Comment:
As long as the resistance at 1991.00 is not surpassed, the risk of the break below 1977.00 remains high.
XAUUSD 1Day ProjectionOver the past few days, there has been a bullish trend in the price of gold. Currently, the price is hovering around a crucial level of 1959. If the price breaks and closes above this level, it is expected to continue moving upwards towards the target areas of 2000 and potentially 2066.
However, if the price is rejected at the 1959 level and closes below it, then a retracement back to the 1913 level is anticipated. Based on the available information, my bias is towards the continuation of the upward trend in gold.
Feel free to share your thoughts and leave a comment below.
[Gold] bullish until Q1 2023Bullish bounce due to bullish divergences and a likely drop of Dollar.
On the other hand, I remain bearish over the long term.
XAUUSD - 4h - SHORTAfter a strong increasing, XAU is pausing and already broke the trendline, we can consider to have a SHORT position:
- Stop Loss: nearest peak.
- Target Price: around 1825-1822.
Gold price trend, with important support and resistance On monthly time frame, gold price is in downtrend, formed a lower high, RSI below level 60, and in weekly it is sideways near an important support level, RSI approaching near level 40. So, on weekly we may expect correction from 49300 level, which means in coming days, on daily time frame we may expect some up move. But for that we have to wait for a proper price action because in coming one week or two, me may see sideways to volatile market in terms of gold, from where we may witness a double bottom, and may expect an up move, until then, should avoid directional positional trade and then after getting confirmation from price action a trade can be initiated,
Below are the important support and resistance zones
Support zone 1- 49246 to 49078 (marked in color blue)
Support zone 2- 47415 to 47631 (marked in color green)
Resistance zone 1- 50572 to 50403 (marked in color red)
Resistance zone 2- 51753 to 515536 (marked in color purple)
**personal opinion, not a trading advice**
XAU $XAU Initial LongXAU $XAU Initial Long. This is a pure digital signal processing signal just as are every other signal I post. ZERO other factors are considered in producing this signal.
Entry reasons: XAU is showing momentum and confluence of mean reversion crossing up the 70 day price mean.
Exits and SL: TP and SL on chart. Move SL on TP. After TP2, trail with 0.5xATR step and 1.5xATR offset.
