price rising inside a yellow parallel channel testing upper and lower trend line
gold price are going sideway correction above 2150 support but below white trend line before big news fed fomc
after making all time price is sideways above psycho level $2150
bitcoin and gold were flying and now silver also flying price is overbought and it has made rising wedge chart patten
etf means big players buying if they take profit at end of Q1 before buying agin for Q2 big intraday correction possible first support 61k then 52k
gold price made triple bottom at 1620 since then it is rising but crowd is now bullish at top at $2100 price level if buy the rumor sell the news is real then hedge funds already front running rate cut by fed same like at bottom $1620 in september 2022 👉 nobody talking where gold will be 18 months from now 👉 what will be next macro theme for gold 18 months from...
gold price testing last ATH again while gold market is too overbought now support before 2088
if bitcoin breakout this triple tops then there is sign that fed lost control on market before he begin rate cut there is already a bubble which will only grow with rate cut otherwise fed has do hawkish rate cut
price is making up trend inside a parallel channel on h1 chart price testing upper and lower trend line as dynamic support and resistance (intraday bullish until channel breakout)
price showing strong rejection once again on strong horizontal support level 1.07234 before big news usa cpi
gold price is sideway near $2000 it goes up and down but still sideway this range price action has made triangle correction chart pattern upper and lower yellow line are big dynamic support and resistance
gold price are going down made a trend line then it breakout on ism pmi number since then it is testing the trend line again
price are coming down from 2088 level on h4 time frame price is making lower low with lower high a clear down trend below yellow if trend line breakout instant bullish from 2016 but until breakout it is bearish
Bitcoin has been up last year Fed rate cut officially announced Technical it is trading in sell zone Macro economically it is overbought
2052 2058 2064 Gold price is up rising fed rate cut speculations in 2024
oil showing big rejection in previous strong horizontal support zone
there big confusion between fed and market because of that gold is not breaking above 2050 nor it is going below $2000 neckline is big horizontal resistance breakout of neckline is necessary for new bullish trend on h1 time frame from 1973
gold price went form 1810 to 2148 in just two month this rally shocked everyone what was most shocking instant reversal from all time high which nobody expected abc wave has now retrace 50% near 1980 that is why you are seeing intraday support near that level gold next move from depends on fed fomc today , which will decide gold will go 1930 or retrace back to 2007