Nuelz007

Nuelz007

THIS CHART ANALYSI IS A BREAKDOWN OF GOLD MOVEMENT we are at a critical price in the gold market indicated by zones at 3305-3280, it has been indicated in the analysis by a rectangle . if the rectangle region holds us up then we could further hedge bullish but if it doesnt, the market could fall more as bears may take over. Note that there may be slight changes...

Nuelz007

As shown in the analysis, 2297 is a key zone whi h extends down to the 2260's on the higher time frame If those zones hold us above then bullish momentum confirmed but if it doesnt hold, bears still have the upper hand in the market Do you agree with this analysis ?

Nuelz007

As shown in the analysis, 2297 is a key zone whi h extends down to the 2260's on the higher time frame If those zones then bullish momentum confirmed but if it doesnt hold us above, bears still have the upper hand in the market Do you agree with this analysis ?

Nuelz007 Updated 

We saw gold on a strong bullish momentum which surged the market in a bullish trend for weeks followed by a sudden dump which has been highlighted in this analysis. Note that this dump could be retracements for continued buys..... 3266 is a critical zone

Nuelz007 Updated 

This week opened at the 3320's zone followed by a strong bullish wedge. As at the time of this publish, gold is currently at the 3380's zone and we aim to see gold at the 3400's if this bullish momentum holds .Following the analysis also, we still have potential for more bullish pumps as we are yet to hit the 50% trend channel Further analysis would be given as...

Nuelz007

Its been established that gold is on a long term bullish momentum.Although, as we all know there will always be bearish pullbacks, retracements and liquidity sweeps. We saw gold sell to 2970's once again followed by a strong bullish pullback. If bullish momentum holds, there is a clear path back to the 50% of the bullish channel or even higher Updates will be...

Nuelz007

Gold has shown to have a strong bullish momentum undoubtedly. Minor bearisg pullbacks or retracemnts followed by a continued bulish hedge creating new ATH's, we see gold at the 3100's as the market , further analysis coming soon

Nuelz007

Just as i published yesterday, we see gold respecting the bearish trend channel. still expecting more bearish liquidity sweep as we keep our sell positions still open at 3043 and re-entry at 3025. 3016 is a vital zone as that region depicts next market interaction, still watching market behaviour

Nuelz007 Updated 

Just as i analysed at the open of this week, we see gold assume a bearish trend aiming as a retest for a possible continued bullish momentum

Nuelz007 Updated 

As the market opens, we see gold assume a bearish pullback, most likely a retracement. Last week was a clear indication of the strong bullish momentum in the market where every minor bearish retracement was complimented by a continued bullish rally. Lets see what this week holds for us as we hedge along and make profit :thumbsup:

Nuelz007 Updated 

This market analysis is relative to the chart pattern and market structure we expect gold to sink to the 2640's and thereafter, a pullback is expected. The long term analysis of xauusd is bullish as we're on a yearly and monthly retracement. we should see gold aim for the top trend line, further updates concerning the market would be posted

Nuelz007

this bullish pullback is expected to go through to 2750's and turnaround going for the next wave of the bearish retracement BULLS 🤝 BEARS

Nuelz007

as gold falls, we expect gold to go further down respecting the highlighted zones. note that this sell is just a retracement as we are currently in a new month, overall insight on gold is bullish.

Nuelz007

The xau market has been on a bullish rally after creating a spring at the 2600's zone with an indication of "the retest of a breakout" we could see gold rallying up to the 2739 zone thereby creating an ATH mitigation or rally above to the 2750's as the bullish pressure exerted is strong. ^take note that all shorts are merely retracements as gold is on a bullish...

Nuelz007

Gold has shown a rising bullish rally as all shorts has been merely a pullback and we see a new ATH after Further insights along NYS

Nuelz007

Just as expected, gold bought up to the 50% trend line we could have a retracement before a continued bullish swing

Nuelz007

Prior to my last publish, I analsyed and said that the bearish movement was merely a retracement which has come to be the case as xauusd has continued its bullish rally and we set updates on the analysis would be given later on as the market moves, Let's Go !

Nuelz007

The bearish momentum of gold is a retracement for a continued bullish hedge, note that we could seem more bears during the week but it's merely a retracementfor the bulls in the long run. Bulls continue to move in a trend pattern 👍