Gold Spot (XAUUSD) forum
XAUUSD Analysis for July possibly .Idea:More decline on the way ?!?XAUUSD Keep it simple! People thinking too much about next month gold .Here’s the shorter view.>> Daily timeframe higher lows in a Descending channel
>>Weekly MACD overbought
>> Monthly formed a doji after a three months rally !!! Price can’t go higher leaving a long wicks upside.
>>2335-2340 Holing up strongly.
>>Cot data not showing any signs for the direction
>>Pivot points are descending from previous weeks.
>>Multi-time frame bearish patterns are forming across 4hrs , daily , weekly , monthly .
>> Remember the dead cat too fake breakout-out 2345 to 2368 then clean decline to 2295 now shorter rally .
>>>> Decide yourself 🕊️
XAUUSD Monthly formed a doji clear indication that this could be the bearish reversal.
XAUUSD 2295 breakdownWould take gold to 2222 in no time
2260 might provide some support, but the way price action is shaping up, I won't be surprised to see Gold taking support around 2222 directly.
Coming Week will be very critical.
Bulls may come under pressure below 2320 2315
Idea:Has Gold formed a Top ?
Successfully Completed 3 Weeks of My Marked Supply Zone Being Respected.
Remember what I've mentioned, More the time spent below The Zone Marked, Greater are going to be the Chances of Bears Taking over!
XAUUSD As I said earlier I still validate this as a bull trap. Will see what the coming week has to do. Happy weekend guys.
GOLD - $1950 Soon
XAUUSD Buy@ 2328/25
Hold buy positions
XAUUSD Strength & weaknees Trendline Breakout.
XAUUSD gold selling is running +150 pips in profitin.tradingview.com/i/km9GalVi/
XAUUSD Roasting 😂😂