CURRENCYCOM:GOLD Using Price action Gold made new HH and dropped to a HL then LH then HL then LH and so forth. The next target would be finding the next support so my targets for today will be 1900s . More updates in the comment sections
New Hhsince Sept2020 this due to the ongoing conflict however, Gold has been following a pattern 1. Russian -Ukrainian News announced then it shoots or drops. It starts to consolidate then the regular price action start to happen ,Candles and pattern start to form till the next news. The green area is more likely to be where gold is going i will update the...
OANDA:XAUUSD CURRENCYCOM:GOLD Price action in action ,we can see that triangle formation on the 15 min it may break and head towards 1952 then to our resistance at 1970. On the other side, we also have support levels 1880. We might see these levels being hit depending on how the Ukraine crisis goes
OANDA:XAUUSD and CAPITALCOM:GOLD Since yesterday the charts are really a mess but I managed to decode what happened since yesterday and put events in place. Basically we are trading gold due to news in this aspect and whatever happens. Explanation is in the chart
OANDA:XAUUSD CURRENCYCOM:GOLD CAPITALCOM:GOLD 101 price action chart with Fib Resistance and support levels. the Top purple arrow going across that liquidity. the green arrow going up that's the projection if the war in Russo-Ukraine War continues and the red arrow is technically the projection gold will follow if Putin decides to leave the war or a peace...
OANDA:XAUUSD I made this chart at B area but forgot to post checked it out and it came out nicely , hope it continues. This was based on price action and also ranging since 4pm. Now we can see the little trianle about to be done out and with Russia-Ukraine tensions i expect gold to shoot to the moon, However like yesterdays chart it might go down to 1895 before...
OANDA:XAUUSD Had to explain on the chart but the idea looks solid to me. I will be placing a sell limit at 1870 to counter both path and also a sell order below 1845 incase i miss my entry . Be patient with trades in this volatile period anything can happen
OANDA:NAS100USD Fibretracement under 50% from the previous 2 week high and low good buy Zone with TP at 100%. also if Most US tech companies recover from the last 2-week fall it also gives Nas100 a boost .IF you have anything to add don't forget to comment
OANDA:XAUUSD This analysis is based on price action , News and beyond. As Seen from the last update this is valid because of what happened , we saw the market reacting to the advice given to Us and UK people to move out of Ukraine in fear of war so gold went 400 pips within 2 hours oil moved too, and this is likely to continue . If war is to erupt gold will shoot...
From yesterday News we saw Gold moving from 1815 to 1828 area. Following the trend Creating or leaving 1820 as the new support . I expect Gold to maybe drop down a bit from 1827 to max 1815 then continue with the uptrend with TP 1860 and above
OANDA:XAUUSD Fell due to the Feds speech results which ddnt gave us much to be honest but learned that he US is just stalling the inevitable fall of the dollar thats lurking around. With Oil rising its only a matter of time before it falls and gold takes over. Touched new HH at 1854 and now down to the HL as a pushback to create a good pump up to the 1880s this...
Gold at a critical Sell off with the USD gaining strength since yesterday and so many retests towards 1830s and more than 4 rejections at the top Its safe to open a sell towards 1812 the last low of the month. There could be a push towards the 1847 area but beyond that just leave it and follow the next analysis