Hey Everyone, We haven't shared the weekly chart for a while so thought id quickly update and share for you all. I have drawn both the Goldturn support and resistance trendline range and a Goldturn Channel. Showing a breakout from the downtrend into the new trednline support, which is also inline with the Goldturn Ascending channel. We have Targets above at...
Gold intraday trading alerts 3 steps must fullfil before entry 1. 1st breakout done 2. Retracement done 3. 2nd breakout and see you at home📉 Trading alerts always available to give Good luck traders....
4H chart analysis with MA crossover strategy. buy order is open
After a consolidating few weeks from 1870 to 1920 Gold has plummeted today after the Federal Reserve Pump, ADP Employment Change, and Initial Jobless Claims for the US. However, after hitting support around 1865-1870 it looks to be a key zone of support that could reverse price action to the upside of 1900. After breaking out of the weekly trend zone which was...
As I said before in my past ideas that we aren't going to see gold below 1670 this year and he will stay between 1670 and 1920 in 2021. now we are waiting to break the downtrend channel and visit the 0.618 Fibonacci level as a first target 1828$. Goodluck
Hi everyone Gold reached a point where it had reacted strongly in recent times and failed to cross this resistance level in 1797. But this time the situation is different. The formation of candles with long shadows at the support level of 1770 and the speed of price return, as well as the reduction of the time interval between the formation of two price peaks can...
We go with the chart and the chart tells us that it is currently on the rise (in the medium term, of course). To change the trend, we need a price stabilization below 1753, and in the zone specified in the analysis, you can see how the price has returned to the top quickly with each collision with this zone. So now we have the targets of 1815 and 1826 and finally...
The uptrend of XAU/USD has made a bullish Elliott Wave. In the fifth wave, there is a diagonal, and ABC correction is remaining. It will fall for a short time to make the ABC correction. The targets for the intraday traders are following 1952 - 1946 - 1936 . If the gold retests 1965, then it will start to rise again for the levels of 1976 - 1982+
The gold spot retracement have been spotted setting into a zone of refreshment as the market was slowing down from a strong uptrend to a channel then finally a sideways movement in the 4H timeframe.