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...
Gold buying zone on 4h ,gold making ascending triangle pattern and got breakout, so if it comes to buying zone that I have been marked on the chart, it will be a good opportunity for buyers to entry
Hi Guys,
I hope everyone enjoying the weekend .. here is analysis for XAUUSD
sl and tp1 tp2 hope you like it, if you like my analysis do follow, comment and like ..
thank you
GOLD Daily Chart
$1810 was the Major reversal expected level we seen with NFP this Month and closing was $1828 and since the war attacks started its 1828 to 2008 Continuously with no retest no reversal or Technical move only Bullish
Next Targets as Follows $2021-2048-2081
if you get retest buy on Dips
Stay with Trend
Gold sell with stop loss 1998 for target 1950, 1940 or 1933
Regular Flat correction of Minute Degree (3-3-5) structure or (C-C-M)
Wave ((a)) Internal structure of minute degree abc in minuette degree.
Wave ((b)) do not cross wave ((a)) and internal abc in minuette degree.
Wave ((c)) anticipate up to 1950, 1940 or 1933.
Disclaimer
It is my personal research...
Dear friends, Crude oil prices are forecasted to potentially increase to $150 per barrel. Global inflation is likely to rise to 6.7% in 2024.
Instability can quickly push up the price of gold. However, in the short term, gold is facing pressure from a strengthening US dollar.
At the time of writing, Gold is trading below the $2000 mark, currently trading around...
Dear readers, The market's attention is currently focused on the upcoming release of the Personal Consumption Expenditures (PCE) index, which is expected to be published on Friday. The data is anticipated to provide further clues about the Federal Reserve's policy meeting next week.
Regarding the outlook analysis: Gold, a safe-haven asset used to hedge against...
Dear esteemed comrades,
At the conclusion of yesterday's trading session, gold has gained a dominant position in terms of price increase. As of the time of writing this piece, gold is trading below the $2000 mark.
In the current context of gold:
- Amidst ongoing tensions in the Middle East, concerns about political instability are expected to persist in the...
Upon analysing the Gold in Daily timeframe, Gold have retraced 0.61% of high-to-low. now Gold is facing resistance even receving great momentum from 52 weeks low. seems like Gold will do a retrace to 1920 level before initiating another bull run.
Note: in smaller time frame (1 hour / 4 hour) chart also indicated that Harmonics point D (PRZ - Price reversal Zone)...
Upon analysing the Gold in Daily timeframe, Gold have retraced 0.61% of high-to-low. now Gold is facing resistance even receving great momentum from 52 weeks low. seems like Gold will do a retrace to 1920 level before initiating another bull run.
Note: in smaller time frame (1 hour / 4 hour) chart also indicated that Harmonics point D (PRZ - Price reversal Zone)...
FOREXCOM:XAUUSD Risky Trade
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your...
A BUY order was placed in XAUUSD which is giving good profit. The reason for this trade is lots of rejection candles on the 1H timeframe and the daily trend line.
I would like to draw your attention to the resistance level of 1986.69. Recently, this level has not been effectively broken. It is likely that now buyers will try to test it again. If you have the strength to go through it and gain a foothold, then gold will have every chance to continue growing.
