Hey guys i just posted my views on Gold, according to my analysis there is short opportunity in gold. in my analysis i have given you two possible scenarios to take entry, first one is take entry when price entered in FVG. if MSS+FVG entry model failed then go for my high probability entry model MSS+OB. THANK YOU TRADERS I HOPE U WILL GET SOME GOOD PROFITS
At the end of last week's session, GOLD continued to maintain a downtrend and fell around the 1933 - 1935 area. If we now label the wave, we can take the starting point of this downtrend at the 1963 - 1965 area, because Before that, there was a quick recovery that ended and created a downward structure afterward. If we take the peak of wave 1 at 1933 - 1935, the...
-The Gold is not able to hold the 2000 mark, and after making the triple top, which is the bearish sign, now lands below the 1950 psychological level -The LTP is 1937, which means again it will touch the previous week's low, which is near 1900-1880 -There is a slight bounce change near 1911-1905 for 1940-1950, but this is a short opportunity if the price remains...
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...
Short Position with SL and 3 TPs. All ideas are my own analysis. For educational Purpose only. Any Loss on taking this trade is not my responsibility. Taking position off my idea is own responsibility, Users are responsible for their our actions. Tip: Always trade with Risk Management
Currently, gold is still fully above the H4 framework price increase channel. Unless gold breaks out of the upward price channel, the trend for gold will still be up. Conversely, if gold breaks out of an upward price channel, the trend will be bearish. On the daily chart, the histogram is still rising and no such deviation is seen on the daily chart. Even...
Gold Update - Since my last post Gold did follow my plan and led to a significant move to the upside. - Remember we don't trade any patterns my conviction was based on merging Fundamentals along with technical analysis. - The Global Scenario for gold looks bullish and commodities overall will remain bullish in a market where we have chances of the war getting...
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
🌷US Dollar, Treasury Yields, Israel, Federal Reserve, GVZ Index - Talking Points - Gold prices appear to be comfortably above the USD level during Wednesday's trading session - Treasury yields after hitting new highs again but gold seems unaffected by that - The US dollar has been volatile despite global instability. Will XAUUSD continue to rise? 🌷World gold...
* 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...
-The gold price last week retraced after the NFP data and took the demand zone of the last swing low area which is near 1808-1805 -Before going upside the gold needed to retrace the same demand zone from 1812-1816 -Need to break the near resistance which is 1837-1844. -For the breakout long 1846.800 SL 1837.300 TGT 1877.500 -The near support is 1812-1816
The Marked area's are major support and resistance level for Banknifty Intraday, also called PAM Areas. When price come to these area we can expect either reversal or breakout from the given area's. So planning a good trade will occur only in the marked areas, when price is in middle, we have to wait for the price comes to the marked PAM Areas
Gold is Bullish in Daily TF as it's tapped on it's daily time frame and it's giving reaction so we can expect a bullish trend from here. If it closes below it's daily structure level then we can expect huge downfall in gold.
This recent up move is just a pullback which did not retested out ob it is heading back to retracement area of 0.7 and 0.5 lvl but for short time gold is like to hover within 0.5 - 0.7 level (59665 - 59385) and there after there is resistance above at 60150 cant fit in with good risk to reward for investing or value buying better to avoid fomo 59970 and...
Confirmation: 1: Rejection from channel pattern 2: Bearish Engulfing Candle
Here, is the chart of Gold, which looks slide from here.... What's your Outlook?
Gold prices are expected to trade in a range of 56,000-58,500 rupees per 10 grams this week, with a downside bias. The US Federal Reserve's commitment to a more aggressive monetary policy stance is likely to weigh on gold prices in the near term. However, gold could find some support from a weaker rupee and rising geopolitical tensions. If gold reaches between...