Here is my latest structure analysis and important key levels to focus on and trade on Gold next week. Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
4-hour time frame gold analysis Gold can grow at least until 2074
Hey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are seeing price test support at 2331 with price close below it leaving a gap to the retracement range. However ema5 cross will further confirm this, as a target. We also have a gap above at 2350. We now have gaps between both support and resistance weighted levels. Gap...
Hey Everyone, Please see our updated 4h chart levels and targets for the coming week. We are seeing price play between two weighted levels 2361 resistance and 2322 is the weighted support for this range. We will need to see either weighted level break and lock to confirm the next range. We will need to see ema5 lock above 2361 to further open the range above or...
Hey Everyone, This is an update on our weekly chart idea that we have been tracking and trading successfully over the last few months and currently still being respected. So far we were able to track the entre move up and down twice with level to level tracking and our long term swing range zones have also provided the bounces each time. Last week we completed...
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 We got the...
Hey Everyone, Please see our daily chart idea that we have been tracking and trading successfully since completing our last daily chart idea. Previously we saw the anticipated retracement take place into the channel half line where we expected a bounce, which played out perfectly with the full half line test complete followed with the bounce up, as no lock below...
Hey Everyone, After sharing our 1H and 4H charts with completed bull targets earlier this week followed with the swing range test and bounce, please now see our daily chart update from last Sunday. As you can see our unique Goldturn channel top was respected perfectly followed with the rejection into the channel half line, as highlighted by the arrows last...
Here on Gold price has broken the resistance and make a retest around the trendline so is expected to go for LONG and the targeting profit should be around psychological level of 2365.000
Hey Everyone, Our 1H chart update yesterday completed the bullish targets followed with the drop shared yesterday completing the bearish targets. We got the swing range bounce, as part of our plans to buy dips and now broken the swing range on the 1h chart. However, Switching to our 4h chart, we can see after completing all our bullish targets, we got the cross...
Hey Everyone, A big move down on gold today from the rejection at 2429. Yesterday we stated we were looking for ema5 to break either 2429 or 2413 level to open the next range. Today we got the break below 2413 opening the full retracement range like we said and this played out perfectly hitting the retracement range. We now also have a cross and lock below the...
Gold has turned bearish on its 4H technical outlook (RSI = 42.104, MACD = 6.500, ADX = 34.412) as it crossed today under its 4H MA50. This is the first time it does so after going that high since April 22nd. That was the start and validated sell signal for the Bearish Wave of the Channel Up. Consequently, we go short on Gold, aiming like then, at a -5.20% decline...
Gold dropped suddenly today after FOMC. Here is my latest structure analysis and important key levels to watch. Vertical Structures Vertical Support 1: Falling trend line Vertical Support 2: Falling trend line Horizontal Structures Resistance 1: 2426 - 2450 area Support 1: 2360 - 2376 area Support 2: 2323 - 2336 area Support 3: 2303 - 2308 area Support 4:...
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...
This is my view of gold. The analysis fails by closing below 1850 GOLD/USD
the red lines are linear regression channel and are short term The green one is bullish and long-term Breaks of rend line will alter chance of entering in the direction TPs would be around 2431.3 and 2451.3
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...
By checking the gold chart in the weekly time frame, we see that today's price was able to reach a new ATH of $2450 by conquering the previous peak! As you know, there was a liquidity pool above the previous ATH , and for this reason, the price has faced a slight correction after reaching this level! Pay attention that it is very important to monitor the price...