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Goldsignal

GOLD Analysis 7July2023looking at this analysis with the D1 time frame, the price is right at the strong resistance and the resistance is in direct contact with the trendline. This trendline forms a downtrend channel. I also see a hammer candle which we can interpret as one of the indicators of a rejection and the beginning of a possible reversal/correction. looking at the last 5 candles (last 5 days) that tried to break the resistance and failed, there is a possibility that the price will go down first.
FXOPEN:XAUUSD
by Hokusai_FX
GOLD (XAUUSD): Technical Outlook & Things to Watch Next Week 🥇 After the test of a major horizontal daily demand cluster, sellers look weak on Gold. Analyzing the price action for the last 3 weeks, I spotted a completed inverted head & shoulders pattern. 1925 - 1941 is the neckline of the pattern. Bullish reversal will be confirmed once a daily candle closes above that. A bullish continuation will be expected then to 1957. Remember, that at the moment the neckline constitutes a solid resistance, so I strictly do not recommend buying now. ❤️Please, support my work with like, thank you!❤️
OANDA:XAUUSDLong
by VasilyTrader
4
GOLD ---> is going to touch $1852hello guys... as you can see gold formed a descending channel and break this out! At the same time, it formed a base channel that is sharper than a regular channel! in this case, you can expect a downward movement as high as a regular channel, but if you look at the higher time frame you can see a support level of $1874, so I recommend you close half of your position there and close on $1853 the remaining one! _______________________________ always do your research. If you have any questions, you can write them in the comments below, and I will answer them. And please don't forget to support this idea with your likes and comment
OANDA:XAUUSDShort
by melikatrader94
49
GOLD (XAUUSD): What to Expect Next Week? 🟡 As I predicted, Gold dropped this week. The price successfully violated 1924 - 1940 horizontal demand cluster. The broken structure turned into a supply area from where we saw a strong rejection of Friday. I do believe that the market will keep falling next week. Next support - 1900. If the price goes higher, watch a falling trend line. That will be the next resistance on focus. ❤️Please, support my work with like, thank you!❤️
OANDA:XAUUSDShort
by VasilyTrader
16
GOLD forecast 18June2023I have two options for analyzing the movement of GOLD. The first option is that the price is in a bearish channel and is trying to retest the trendline before finally going down to the SnD area. Or maybe the second option is that the price is in a sideways trend, where the price will move up to the resistance, if the blue box resistance is indeed responded positively, then the price should go back down. sometimes we are placed in several choices, when this happens we should still wait for confirmation in the form of patterns, candles or maybe indicators, after there is confirmation we can react better.
OANDA:XAUUSD
by Hokusai_FX
GoldViewFX - MARKET UPDATEHey Everyone, Our 1H chart idea shared last Sunday is now complete with all targets HIT. The last target at 1978 needed a cross and lock above 1961 to open 1978. This confirmation gave us enough time to get in for the 1978 target for a perfect finish. We are now seeing a rejection on this level with a massive drop down into support due to NFP. Any open buy positions can be managed with buying dips, as per our long term plans once market settles back into organic movement. Our long term projection still remains Bullish. BULLISH TARGETS 1952 - DONE 1961 - DONE EMA5 CROSS AND LOCK ABOVE 1961 WILL OPEN 1978 - DONE BEARISH TARGETS 1941 - DONE EMA5 CROSS AND LOCK BELOW 1941 WILL OPEN THE SWING RANGE SWING RANGE 1918 - 1895 We will now come back Sunday with our multi timeframe analysis and trading plans for the coming week. Please don't forget to like, comment and follow to support us, we really appreciate it! Have a great weekend all!!! GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSD
by Goldviewfx
2