Hey Everyone, Another great day on the chart today with our trading idea playing out level to level. After hitting our bullish targets yesterday we expected play between 2413 Goldturn and 2429 Goldturn. We used the 2413 Goldturn today to buy dips inline with our plans for the week. We are now looking for ema5 to break either level to open the next range. A...
There was no US economic data released on Monday and Tuesday, but the tension in the geopolitical situation had a great impact on the financial market. Iran confirmed that its president had been killed, which undoubtedly added many uncertainties to the unstable Middle East. Although the helicopter crash has not yet been resolved, if it is confirmed, the Middle...
This is my view of gold. The analysis fails by closing below 1850 GOLD/USD
Here on GOLD price keep moving down and has breaken the trendline this show that is likely to move further to targeting of psychological level of 2400.000. So is expected to use money managent while going for SHORT
Gold (XAUUSD) is trading within a short-term Channel Up pattern since the May 03 Low, essentially throughout the whole month, and currently the price is consolidating below the 1H MA50 (blue trend-line). Such consolidation within the 1H MA50 and the 1H MA100 (green trend-line) took place on every single Higher Low formation at the bottom of the Channel Up. At the...
Hey Everyone, Great start to the week with our chart idea playing out perfectly hitting our first bullish target on the chart idea at 2429 followed with the cross and lock above 2429 opening 2442, which was also hit perfectly. We now have only our potential extended gap above at 2458 left but we only plan to take from dips, as part of our strategy. We were able...
Silver went up rapidly on Friday, violating a massive psychological resistance cluster. With a high probability, the broken structure turned into support. The market has a nice potential to go higher after a pullback. Next resistance - 34.0 ❤️Please, support my work with like, thank you!❤️
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are seeing price test resistance at 2413 with already price close above it leaving gap to 2429. However ema5 cross will further confirm this, as a target. We now have gaps between both support and resistance weighted levels. Gap above at 2429 weighted level and gap below...
Hey Everyone, Please see our updated 4h chart levels and targets for the coming week. We are seeing price play between two weighted levels 2418 resistance and 2379 is the weighted support for this range and we have the correctional retracement zones in-between. We will need to see either weighted level break and lock to confirm the next range. We will need to...
Hey Everyone, We have been successfully tracking this chart for a while now and after completing all our targets inline with our plans the new month candle opened in a central range with room above and below for the updated detachment to complete, highlighted with the new circle and also room above to re-test the new open range LAST WEEKS UPDATE The mission to...
there are new support and resistance on gold behind and forward the price of the gold if i take the confirmation on 2400$ i take a long on gold and if the price broke that zone maybe i take short to the 2375$ . HAVE A GOOD WEEK THANKS FOR YOUR COMMENTS.
U.S. consumer prices rose less than expected in April, suggesting inflation resumed its downward trend at the start of the second quarter, boosting financial market expectations for a September interest rate cut. At the same time, under the influence of the market, the US dollar fell sharply, providing greater impetus to gold’s rise. Today, we will pay attention...
Hey Everyone, I don't to really have to say anything as the chart is doing all the talking!!! Our chart idea has played out perfectly with only our last target in the range to complete 2408, which was hit perfectly today completing this chart idea. Our targets gave us plenty of chances to get in for the entries form every dip using our weighted levels, as part...
After a breakout of a solid horizontal resistance on a 4H, Gold is retesting that today. Approaching the underlined area, the price formed 2 bullish patterns: a falling wedge pattern and a double bottom. 2 bullish breakouts: a violation of a trend line of the pattern and a neckline, indicate the strength of the buyers. We can anticipate more growth today at...
Hey Everyone, Please see our updated 1H chart we have been tracking since Sunday with only the retracement range Goldturn updated with current data. Our chart idea has played out perfectly inline with our plans to buy dips with the move up from the retracement range all the way into hitting all our Bullish targets we highlighted on Sunday. 2408 is our final...
Yesterday, gold rose sharply due to CPI. Today, various indicators have begun to show a short trend. Continue to sell, tp 2381/2377/2369
OANDA:XAUUSD Gold is currently in accumulation phase and likely to turn into distribution phase. Price behaviour has changed in last few days suggesting further growth in price. We need liquidity and volume boost to take the price towards 2380 that area remain 'premium price zone'. We wish you all the success in trading and hopefully our analysis gives you a...