Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst. If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you. 🔍 More Analysis & Trade Setups...
Reason For Bearish/Sell 1. Bearish Shooting Star Formed 2. Bearish Spinning Top in Previous Day Candle 3. Bearish Engulfing Formed In last week 4. Obeyed Strong trend Overall Possible Outcomes XAUUSD/GOLD SELL @ 2160-2170 SL 2210 TP 2140 TP2 2080 TP3 2040
On Weekly Basis: GOLD took a support at 1640 (inverted head) on weekly charts (October, 2022) after it made a peak at 2035 (August, 2020) and correcting nearly 50%. It tried to pierce the daily top of 2070 twice after peaking in August,2020. It means it made a triple top which could mean a bear market for GOLD instead it made an inverted head at 1640 and shoulder...
Gold is Trading high nowadays, So We have analyzed the Gold levels... Educational purpose only .... Hope you can catch the Target levels...
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Reason For Bullish 1. Stochastic Oversold and tends to Bullish 2. RSI 14 above 50 which Uptrend in 1H 3. Breaked Resis 2019 and retesting Now for Bullish Overall Possible Outcomes XAUUSD BUY @ 2021.90 SL 2015 TP 2025 TP2 2030
Reason For Bulllish 1. Bullish Spinning Top in Single Candlestick 2. Morning Star Patttern In Three Candlestick Pattern 3. Ascending Triangle Chart Pattern 4. Obey Support & Fibo Retracement @ 2020-30 Overall Possible Outcomes XAUUSD BUY @ 2035-40 SL 2002 TP 1 2062 TP 2 2089 TP 3 2150
5888 - 57500 will be investor buying zone , which is 6-8% away from friday close, and for trader they been looking the triangle pattern breakout would rather wait and buy instead of shorting the gold (following the long term trend) based on my fib projection the price here has reached overbought zone which needs a correction for futher continuing the uptrend...
Buying some quantity of goldbees Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst. If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable...
I Have share three possibilities in gold comes as per my analysis. I am watching this charts from past months if it breaks 2075- then we can see all time high in gold or we see rejection from 2075 we can see a good rejection in gold till around 1700 - 1650
Short Recap - Gold had good rally from 6th oct , to the upside from 56500 to 61250 Currently - price is hovering around the higher time frame bearish order block which is resulting a resistance phase to gold price from (61500 to 60500 zone) there is been a internal CHOC (trend change) from bullish to bearish although the bearish continous will be confirmed...
Samson, Hello every one! The gold price did not surpass the resistance level of $1,990/ounce last night and had to decline. As of 6:00 AM on November 7th, today's gold price was trading at $1,977, a decrease of $8 compared to the previous opening price, and it has continued to decline to $1,970 at the time of writing. In this context, the unexpected increase in...
after upmove price is making side ways it can be continous for next up move there is a level 58450-60 around for buyers liquidity might retest this or else 59450 can trade breakout for the target of 60600
* IM NOT IN FAVOUR TO SHORT INSTEAD WAIT FOR VALUE BUYING AREA* gold has breached all of its recent support and this fall looks like free fall maybe because of dxy rising 57460 and 56300 will be very important level base on previous trend low to recent high fib retracement of 0.6 and 0.7 golden zones are appearing on exactly on our fair value area WILL UPDATE...
Gold price (XAU/USD) witnessed an intraday turnaround from the $1,885 region, or over a two-week high and settled near the lower end of its daily range on Thursday. Consumer prices in the United States (US) rose more than expected in September and lifted expectations that the Federal Reserve (Fed) will keep interest rates higher for longer. This led to the sharp...
⚡️Gold price today on August 21 continued to decline and reached 1891 due to the increase in USD and bond yields. ⚡️The gold market was under pressure as US Treasury yields and the dollar index rose. Yields on 10-year US Treasuries hit their highest level in 15 years. The USD index recorded a 9-week high, closing the session at 103 points. ⚡️Bond yields rose...
⚡️World gold price this morning continued to increase slightly with spot gold up 2.9 USD to 1,897.2 USD/ounce. December gold futures last traded at $1,926.0 per ounce, up $2.30 from dawn yesterday. ⚡️In yesterday's trading session, 8/22. Short-term offsets and some light bargain hunting are believed to have been the hallmarks of the precious metal's rally, after...
⚡️At the end of the week, spot gold XAU/USD recovered slightly to $1,890, but it remains poised for a 1% weekly drop, the fourth consecutive weekly drop. The metal appears to be consolidating losses after seeing the red for the previous four days and also bullish on risk aversion as the market worries about the health of the Chinese economy. ⚡️The bulls are...