Gold is at all time high with a good bull rally and now into sideways , creating a flag and pole pattern , with a high probability of continuation.
Also a strong support is formed at 2050-2055 zone and the price has retested this support three times.
A false break down of this support is anticipated for a precise buy entry in the approximate zone of 2145 to 2151,...
The gold price was unstoppable last week. It broke clear the December high of 2088 and surpassed the historical high of 2147. On Friday, even with better-than-expected US non-farm payroll data, it continued to rise before the market closed, reaching a new all-time high of 2195. This week, the US will release core CPI and retail sales data on Tuesday and Thursday,...
gold technical analysis
as we can see in chat price moving in bearish butterfly chat pattern..
price completed his X to A wave A to B wave on 78% fib level and B to C wave on 38% fib level now possibility that price might be go up for its D wave on 127% fib level then drop down
Gold technical analysis: Gold showed a volatile trend yesterday. During the European trading session, it once climbed above the 5-day line of 2168 and touched the 2172 line. However, the pressure on the upper short-term trend line failed to be effectively broken, causing the market to fall back and adjust again. From a technical point of view, the main rhythm of...
Unlock the potential of intraday trading with gold as it forms a triangle pattern near a critical support level, amidst an upward trend. This comprehensive guide navigates you through the intricacies of identifying and executing a strategic buy position within this pattern, maximizing your potential gains while minimizing risks. Explore key insights into...
am looking for long over here because there is support at 2150 , if price show respect to the lvl with bullish reversals i will go for long .. OANDA:XAUUSD
XAUUSD Which is showing a great opportunity XAUUSD is at support. what is your view please comment it down. We are NISM Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
In this volatile market environment, savvy investors are eyeing the downtrend in gold prices as a lucrative opportunity for shorting. With careful analysis and strategic timing, identifying breakout points below the prevailing trend presents a prime moment to capitalize on downward momentum. This comprehensive guide explores the intricacies of shorting gold...
a short impulsive montum is engulf by buyers so the market is now bullish.
a long can be planned it it comes to our area and quickly respond back to target.
if the market takes time the the setup is little bit risky.
sl under low
and the market should retrace our buy zone with very low momentum and slow move...
note : any fast moventum to the buy zone will invalid...
Gold's Elliott Impulse Wave (12345) has concluded, transitioning into an Elliott Correction Wave (ABC), signaling a potential selling opportunity. Traders may consider short positions as Gold undergoes this corrective phase, anticipating a downward movement in the near term.
Dear followers.. Don't wait just take now buy entry on gold.. it's good opportunity for you 🫵.
Gold currently take rally to upside 💥
Support rejection 1HR
Liquidity refill 4HR
Buy now guy's 💹
Hello dear friends! What are your thoughts on the price of gold? Let's explore and discuss new strategies for gold together with RKarina.
Overall, it has been a week of significant price increases for gold. The price has been rapidly developing and consistently creating surprises for traders. This comes after the latest employment report showed an increase in...
Gold fades the previous day’s corrective bounce off the weekly low as market players await the US Retail Sales for February. In doing so, the spot Gold price, namely the XAUUSD, seesaws within a $48 trading range comprising an ascending resistance line stretched from May 2023 and the previous yearly top. It’s worth noting that the sluggish oscillators and the...
Gold will astonish everyone with price rise in rocket speed.
Gold is breaking out of 3.5 year's consolidation to a very high target $2900.
So buy gold with strong conviction.
