GOLD 1 Hr Pridiction , Simple price action , currently trading at record high , simply go with the huge amount to sellers sitting at the top and market needs to touch first support in trade and second support at 1900
W patterns, also known as double bottoms, are a classic technical analysis pattern indicating a potential reversal in a downtrend. In the context of XAU/USD (gold), a W pattern on the buy side typically consists of two troughs forming a W shape. The price drops to a low (first trough), bounces up, then falls again to a similar or slightly higher low (second...
Gold pulled back from its recent high last week, rejected by 2078 early during Monday's US session. It cleared the 2050(1) support on Wed., triggering a round of selling and falling to an early weekly low of 2030. The price stayed within the range of 2035-2050, waiting for the release of US job data. When the data was announced, there was an increase in...
In general, the main trend of gold in the past week has been a decline, with a decrease of over $40 during the week.
However, when looking at the long term on a daily chart, gold still maintains a strong upward trend with a stable ascending trendline. Gold has experienced a week of price decline as a corrective wave, testing the EMA 34 line at $2045 and the...
Go through the analysis carefully, and do trade accordingly.
Anup 'BIAS for the day (05.01.2024)
Current price- 2042
"if Price stay below 2056, then next target is 2032 and 2022" and above that 2062,2072.
-POSSIBILITY-1
Wait (as geopolitical situation are worsening )
-POSSIBILITY-2
Wait (as geopolitical situation are worsening)
Best of luck
Never risk 2% of...
Reason behind the Buy Projection
Tecnical Reasons
1. Bullish Spinning Top In both Single/double Candlestick
2.Three Line Strike in Trible candlestick
3.Ascending Triangle pattern Formed
4 Keyfactor
* Obey Strong Trendline @ 2030-40
* Obey Fibo Golden ration @ 2017
Fundamental
Formation of Bearish Spinning Top in DXY pushes Lower and obet Trendline...
Hello Trader's , Hope you are doing good. Happy weekend everyone . So we have seen the volatility of first week of 2024. Currently the range is 2050-2020 , Yesterday's closing at around 2045. From my experience i think GOLD will fall more on this upcoming week. We have CPI & PPI in this week. I think its a correction phase. I don't think it will fall below 2000...
After 1 hour break of structure (bos)
Create idm & taken out idm the bos with imb
And create unmitigated order flow in extream for downside
But now current position to buy side
Today, the price of gold in the market is relatively intense between the selling and buying sides, with a focus on lowering prices still being emphasized. At the time of writing, the price is reacting to trading around $2047.
The price of gold has decreased after the Federal Reserve released the minutes of its latest meeting on January 3, showing that the central...
Dear friends, what are your thoughts on the upcoming trend of Gold in light of the significant news affecting it?
Currently, the price of gold is still trading steadily around $2040 USD, with little change from yesterday. The overall trend of gold remains bearish, with immediate resistance at $2050 USD. At the end of the day, the United States will release the...
Dear friends, what do you think about Gold?
In general, Gold showed signs of decline last week, dropping over 40 USD from 2088 USD to 2045 USD. Towards the end of the week, Gold seemed relatively calm, focusing on a sideways trend with a resistance level at 2050 USD and a support level at 2030 USD.
On Friday, when the Non Farm news was released, Gold experienced...
I entry after huge moment there have fvg the anyway market touching fvg that's true.
My entry 5 mint fvg touching and market shift the I enter there target is touching 1hr fvg and stop loss is above the 5 min fvg .
* Market travel liquidity to fvg or ob but my entry are safe for save money
Go through the analysis carefully, and do trade accordingly.
Anup 'BIAS for the day (04.01.2024)
Current price- 2042
"if Price stay below 2056, then next target is 2032 and 2022" and above that 2062,2072.
-POSSIBILITY-1
Wait (as geopolitical situation are worsening )
-POSSIBILITY-2
Wait (as geopolitical situation are worsening)
Best of luck
Never risk 2% of...
Go through the analysis carefully, and do trade accordingly.
Anup 'BIAS for the day (02.01.2024)
Current price- 2070
"if Price stay below 2085, then next target is 2060 and 2050" and above that 2094, 2110.
-POSSIBILITY-1
Wait (as geopolitical situation are worsening )
-POSSIBILITY-2
Wait (as geopolitical situation are worsening)
Best of luck
Never risk 2% of...
Go through the analysis carefully, and do trade accordingly.
Anup 'BIAS for the day (03.01.2024)
Current price- 2055
"if Price stay below 2070, then next target is 2050 and 2040" and above that 2080,2092.
-POSSIBILITY-1
Wait (as geopolitical situation are worsening )
-POSSIBILITY-2
Wait (as geopolitical situation are worsening)
Best of luck
Never risk 2% of...
extremely bullish on gold , finished making terminal impulse now will move to wave 3 it is very bullish stoploss below 2030 dollars and the targets for sure above 2140 dollars . very great opportunity to make an investment
