GOLD to 2670with DXY cooling off, we still need to see GOLD's retracement on bigger price action flow, for the DXY to strengthen as the year are closing off, and likely a 75 basis points are being prepared to boost DXY for the consumer "look good" year end special
we are approaching a level fo interest but it seems that the buyers are pushing hard,
we might see a push thru to 2670, if this 2640/50 level does not hold
fyi |: the 2640/50 zone lines up on the daily FIB at 38.2%
i must be honest i did not expect the push to be so far up at this stage / mid November
Xaudusd
GOLD SOON NEW ATH 2850-2900This chart presents a potential bullish setup for gold (XAUUSD). After a recent decline, gold appears to be approaching a signficant support level, marked by the black zone near $2,643. The highlighted accumalation where buyers might step in, looking for a reversal signal.
Scenario GOLD Maybe a short situation on gold, my analysis starts with a double top that formed around the price of 2770, according to this scenario, this double top could be considered the head of the head-shoulder formation, and as I have drawn, I am waiting for the price to fall to the level of 2560
XAU/USD Poised for Short-Term Rise to New All-Time HighXAU/USD is expected to continue its rise in the short term, reaching a new all-time high (ATH) this week. After a period of ranging and consolidation, where the price remained within a relatively tight range, the upward momentum is expected to resume. This suggests a bullish sentiment in the market for the gold/US dollar currency pair. However, it is important to note that market trends are influenced by various factors and can change rapidly. To make accurate predictions or assessments, it is advisable to consult up-to-date market analysis and seek guidance from financial professionals who have access to the latest market data and tools.
Short Idea on Gold NOWHELLO GUYS THIS MY IDEA 💡ABOUT XAUSD nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the sellers from this area will be defend this SHORT position..
and when the price come back to this area, strong sellers will be push down the market again..
DOWNTREND + SUPPORT from the past + Strong volume area is my mainly reason for this short trade..
IF you like my work please like and follow Thanks
Levels discussed on livestream 22nd JanJanuary 22nd
DXY: Break 103 to trade down to 102.80
NZDUSD: Buy 0.6140 SL 20 TP 45
AUDUSD: Look for reaction at 0.6650 resistance
DXY strength; Sell 0.6575 SL 20 TP 50
USDJPY: Buy 148.80 SL 30 TP 90 or Sell 147.50 SL 30 TP 100 (Pending BoJ news event)
GBPUSD: Sell 1.2690 SL 20 TP 47
EURUSD: Buy 1.0915 SL 25 TP 70 (Hesitation at 1.0940)
USDCHF: Sell 0.87 SL 20 TP 60
USDCAD: Sell 1.3385 SL 25 TP 65
Gold: Stay above 2017 to maintain bullish move to 2040
See the previous analysisonce upon a time I was really upset that that illiterate blogger has millions of followers and I, who have been watching this story for 9 years, have to swallow my anger and watch people's ignorance. Those days, I was sad and angry about not being seen, loneliness, confiscation (selling and using my words) and... but when they attacked my life and hardware, I cried. I've never been upset about why the person is uneducated or a copycat or... but the more I try (to be helpful, that's all), the more humiliated, the more annoyed, the more traumatized I've been, because Attacks, insults, harassments, violation of my privacy and..., nothing matters to me anymore. I want to be alone for a long time and recharge because life goes on. I love you all . Good luck
Gold Short/ Sell 🔰 Pair Name : XAU/USD
🔰 Time Frame : 4hrs
🔰 Scale Type : MID/LONG Scale
🔰 Direction : SHORT/SELL
-Daily/ 4H symmetrical triangle pattern has broken in a downtrend channel
-Now price is trying to retest the 30 mins resistance at 1936.95, we are looking for sell once retest is done.
-Be aware Gold daily up trend line is already solid broken. Eyes to 1900 level and lower from now on.
Gold breaks out of consolidationGold has successfully broken out of its consolidation phase with a strong bullish engulfing candle that engulfed the last 11 days of trading. Now, with this strong upward move, it is expected that the price may retrace slightly to gather some liquidity before continuing its ascent. As for me, I will be waiting for the price to test the trendline slightly below it to look for any possible reversal signals that may indicate a buying opportunity for gold.
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Potential Long on Gold- Target at 2010The gold price is currently facing resistance below the HKEX:2 ,000 level due to concerns over a possible US default and bets on a hawkish Fed policy. The recent strength in the dollar is also weighing on the price of gold. However, some analysts believe that downside risks are favored ahead of the Fed policy meeting, and that gold may find support around the HKEX:1 ,980 level. The market is currently waiting for clues from the upcoming Fed meeting on the direction of interest rates, which could have a significant impact on the price of gold. Overall, while the short-term outlook for gold may be uncertain, the precious metal remains an attractive asset for long-term investors looking to diversify their portfolio and hedge against inflation.
Summary:
- Potential resistance zone: 2006-2012
-Support zone:1976
- If resistance zone is broken, next stop will be at 2030. Catalyst for bull run will be the JOLTS Job opening @ 12 3rd May
XAUUSD - Bearish Butterfly Harmonic Reversal Pattern - Sell StopWe have observed Bearish Harmonic Reversal Pattern. We will take entry of Sell stop because the price has reversed from the Potential reversal Zone (PRZ) and there is a confirmation of bearish divergence on RSI and a new bearish trend is forming with LL and LHs.
last updateMy two suggested places to buy are clear. You can get confirmation from each of them. You can make the purchase. Just pay attention to the writings and texts. I have friends and I hereby say goodbye to this account. You have to live as long as there is anemone, but in a more secluded space
read captinGreetings and courtesy to jealous and jealous Iranians. Well, as you can see, this analysis went according to the forecast and gave a profit of over 500 pips where all the professors believed in selling and gave strange predictions. I was a buyer with full margin and with my main account.Friends, all the analysis that I was watching, minus my first 5-6 analysis which were from the previous year, I had a very interesting winning percentage and it was 85% win rate analysis. Iran is a ruined house, friends play the role of the enemy and tear their shirts out of jealousy, or investment companies harass you.Yes, this is Iran. By the way, I am no longer active in this account and I will be active in another account in the coming days and I will definitely continue the path I started stronger than anyone else. I am the best analyst and trader in Iran, but alas, I am in Iran. Good luck, I ended my activity in this account because of a bunch of jealous, stupid and forbidden people
read captionThe analyzes may be slightly changed because I may not have the correct data and the target chart is another chart. Also, according to the exact place where the corrections end, the details may change a little. The previous analysis must be read. Also, if the high time analysis ends or something like that, be sure to comment and I will change my analysis form in the high times.