🥇Gold🥇Can go UP by Falling Wedge Pattern🏃♂️ Gold is moving near the 🟡 Potential Reversal Zone(PRZ)($2,135-$2,108) 🟡
🌊According to the theory of Elliott waves , it seems that Gold has succeeded in forming the Double Three Correction(WXY) .
📈In terms of Classical Technical Analysis , Gold has formed a Falling Wedge Pattern .
💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys .
👀If you want a better view of Gold , look at my analysis a few days ago in the 4-hour time frame .👇
🔔I expect Gold to go UP at least until the end of wave 3 after breaking the upper line of the Falling Wedge Pattern .
Gold Analyze ( XAUUSD ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
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Goldsignals
🥇Gold Analysis🥇(🚀)🏃♂️ Gold is moving in the 🟡 Potential Reversal Zone(PRZ)($2,135-$2,108) 🟡
🌊According to the theory of Elliott waves , it seems that Gold has managed to complete the main wave 3 at $2,195.235(All-Time High(ATH)).
🌊 Gold is completing the main wave 4 , so it seems that this corrective wave's structure is Zigzag(ABC/5-3-5) .
💡 One of the signs of the end of the main wave 4 can be the breaking of the Resistance line .
🔔I expect Gold to move up towards 🎯Targets🎯 on the chart as it enters the 🟡 Potential Reversal Zone(PRZ)($2,135-$2,108) 🟡.
Gold Analyze ( XAUUSD ), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
GOLD 1H ROUTE MAP & TRADING PLAN UPDATEHey Everyone,
A piptastic day on the chart with our chart idea once again playing out to perfection hitting our 2166 target with plenty of dips to get in of the action, inline with our plans to buy dips.
Yesterday we stated we had the drop into the retracement range followed with the perfect bounce into 2155 Goldturn leaving 2166 let open.
- This was hit perfectly today alongside a clean finish at 2175. Respected the level perfectly!!
We are now looking for ema5 to cross and lock above 2166 to open the range above. Failure to lock above will see price back into the retracement range.
Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we share every week in the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGETS
2166 - DONE
EMA5 CROSS AND LOCK ABOVE 2166 WILL OPEN THE FOLLOWING BULLISH TARGETS
2175 - DONE
2182
BEARISH RETRACEMENT TARGETS
2155 - DONE
2147 - DONE
EMA5 CROSS AND LOCK BELOW 2147 WILL OPEN THE SWING RANGE
SWING RANGE
2137 - 2129
EMA5 CROSS AND LOCK BELOW 2129 WILL OPEN THE STRUCTURE SUPPORT
STRUCTURE SUPPORT
2113
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
Mr Gold
GoldViewFX
XAUUSD Top-down analysis 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.
XAUUSD SELLING OPPURTUNITY 💯Discover an enticing Selling opportunity in GOLD as it undergoes a critical retest of a key resistance area. With market analysis, technical indicators, and price action as your allies, evaluate the potential downside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics.
XAUUSD 90% CONFIRM ANALYSISDiscover an enticing Selling opportunity in GOLD as it undergoes a critical retest of a key resistance area. With market analysis, technical indicators, and price action as your allies, evaluate the potential downside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics.
GOLD 1H ROUTE MAP & TRADING PLAN UPDATEHey Everyone,
And another repeat of yesterday with our levels being respected to perfection.
We had another drop into the retracement range and once again, as stated for the perfect bounce into 2155 Goldturn and now once again heading towards 2166 Goldturn gap.
We just need to keep in mind a failure to break into the 2166 level will likely see the 2147 Goldturn support level test and break and open the swing range.
Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we share every week in the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGETS
2166
EMA5 CROSS AND LOCK ABOVE 2166 WILL OPEN THE FOLLOWING BULLISH TARGETS
2175
2182
BEARISH RETRACEMENT TARGETS
2155 - DONE
2147 - DONE
EMA5 CROSS AND LOCK BELOW 2147 WILL OPEN THE SWING RANGE
SWING RANGE
2137 - 2129
EMA5 CROSS AND LOCK BELOW 2129 WILL OPEN THE STRUCTURE SUPPORT
STRUCTURE SUPPORT
2113
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
Mr Gold
GoldViewFX
GOLD SELL ON DIPS FOMC TODAY !!! HELLO TRADERS
As I can see gold is going to drop more till design levels on FOMC and US Interest rates ahead
we are expecting more Strength in $ and technically if we see a view on this chart Gold is in downtrend and after a all-time high with overbought conditions it is trading under the upper trend line as soon as it will break triangle zone it will drop more hard.
it's just a trade idea share Ur thoughts with us we are selling Gold from since it was at 2180 have a look on attached chart it will define more levels.
Stay tuned for more updates!
XAUUSD Top-down analysis 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.
XAUUSD Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It’s traded constantly based on the intra-day spot rate. Improve your technical analysis of live gold prices with the real-time XAU/USD chart, and read our latest gold news, expert analysis and gold price forecast.
Gold price ticks lower amid reduced Fed rate cut bets, elevated US bond yields and stronger USD. Geopolitical tensions could lend some support to the safe-haven XAU/USD and help limit losses.
On the flip side, the $2,175-2,176 region now seems to have emerged as an immediate strong barrier, which if cleared should allow the Gold price to challenge the record peak, around the $2,195 area touched last week. Some follow-through buying beyond the $2,200 mark will set the stage for the resumption of the uptrend witnessed since the beginning of this month.
gold now buy 2153
tp1 2157
tp2 2161
tp3 2165
tp4 2169
tp5 2180
SL 2130
GOLD UP The daily chart shows XAU/USD met buyers around the 23.6% Fibonacci retracement of the bullish run, which measured between $1,984.03 and $2,195.22 at $2,145.17. The same chart shows technical indicators have turned flat around overbought levels after correcting extreme readings, suggesting sellers have no say. At the same time, moving averages develop far below the current level, with the 20 Simple Moving Average (SMA) heading north almost vertically far above the longer ones.
Gold price struggles to capitalize on the previous day's bounce from the $2,145 region and oscillates in a range during the Asian session on Tuesday. Hawkish Fed expectations, elevated US bond yields and a bullish USD cap the upside.
Gold now buy 2156
Target 2185
SL 2136
Gold buysGold approached a 4h main demand zone where i expected reversal buys.
Seeing price initially rejecting area on smaller time frame I set a Buy limit order with a entry @2148.00 with sl@2145.85(Risking 22 pips).
TP1: 2154.00 TP2: 2156.00 TP3: 2158.00
* Where has the market moved since I entered my trade? PROFITS
* If I looked at the market now, would I take the same trade? Yes
* How do I feel about my trade? Optimistic
* What do I like about this trade ? precise entry
* What do I dis-like about this trade now? nothing
* On a scale of 1 to 10, where would I rate this Trade now? 7/10
* If I were not in a trade now, would I take the opposite trade ?no
GOLD-Today's strategy
There are many factors affecting the market this week. Central banks of various countries will be the focus this week. The Bank of Japan and the Reserve Bank of Australia will announce their interest rate decisions on Tuesday, the Federal Reserve will announce their interest rate decisions on Wednesday, and the Bank of England and the Swiss National Bank will announce their interest rate decisions on Thursday. The market will also look at Tuesday's U.S. housing starts and building permits, as well as Thursday's weekly jobless claims, Philadelphia Fed manufacturing survey, PMI preview data and existing home sales
Gold trading this week is more focused on the news. On Tuesday, the Bank of Japan made an interest rate decision. This is Japan’s first interest rate hike after more than ten years of negative interest rates. The uncertainty will have a huge impact on the market. On Wednesday, the Federal Reserve’s interest rate decision is likely to be announced by the market. There will be no interest rate cut this time, let alone a rate increase, which will also have a certain impact on the market. Therefore, before discussing this week's market, I would like to remind everyone that this week has both good opportunities and greater risks. Please pay attention. risk control.
After gold fell sharply on Tuesday last week, it is basically confirmed that the peak of this rise is currently at 2195. It fluctuated up and down many times on Wednesday, Thursday, and Friday, and tested 2150 many times. Today it finally fell below the 2150 support, although it has not turned into a decline for the time being. trend, but it can be judged that gold’s strong rise has weakened
Gold will definitely fluctuate repeatedly. The resistance points in the chart above are for your reference. You can make reasonable arrangements based on your funds.
GOLD (XAUUSD): Important Key Levels to Watch This Week 🥇
Here is my latest structure analysis for Gold.
Resistance 1: 2182 - 2195 area
Support 1: 2143 - 2148 area
Support 2: 2077 - 2088 area
Support 3: 2054 - 2065 area
Support 4: 2035 - 2044 area
Consider these structures for pullback/breakout trading.
❤️Please, support my work with like, thank you!❤️
XAUUSD Best analysis on this app! good evening gold gang! lol ego post .. hopefully annoy a few people
Its right though .. how spot on was the analysis and execution today .. gold gang knows!
so we are respecting the bearish trend as per yesterday following a break of 4h support and respecting trend.
from here price should move down but there is nowhere i can get in at present.
Price should head down to bottom algo but the better buy zone is beneath there where the daily candle meet zone is
lets have another amazing day tomorrow gang!!
stay blessed and ill catch you in london
T
GOLD UPGold gained traction and advanced toward $2,160 after spending the first half of the day in a tight channel near $2,150. With the benchmark 10-year US T-bond yield rising above 4.3% in the session, however, XAU/USD struggles to gather bullish momentum.
The daily chart shows XAU/USD met buyers around the 23.6% Fibonacci retracement of the bullish run, which measured between $1,984.03 and $2,195.22 at $2,145.17. The same chart shows technical indicators have turned flat around overbought levels after correcting extreme readings, suggesting sellers have no say. At the same time, moving averages develop far below the current level, with the 20 Simple Moving Average (SMA) heading north almost vertically far above the longer ones.
According to the 4-hour chart, the bullish potential seems limited in the near term. XAU/USD is meeting sellers at around a flat 20 SMA, although the longer moving averages head firmly north, far below the current level. Technical indicators, in the meantime, lack directional strength within neutral levels.
Support levels: 2,163.40 2,176.50 2,195
Resistance levels: 2,145.10 2,134.70 2,119.94
Gold now buy 2160
Target 2165
Target 2170
Target 2175
Target 2180
SL 2140
GOLD 1H ROUTE MAP & TRADING PLAN UPDATEHey Everyone,
Great start to the week with our chart idea playing out in true level to level fashion.
We started with the play into the highlighted retracement range with no cross and lock below confirming the bounce, as highlighted by our arrow onto the 2155 Goldturn for the perfect reaction and now heading towards our Bullish target at 2166
A cross and lock above 2166 will open the range above and a failure to lock above will follow with a rejection back to 2155 and 2147. If 2147 Goldturn support breaks we are likely to see the swing range open.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we share every week in the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGETS
2166
EMA5 CROSS AND LOCK ABOVE 2166 WILL OPEN THE FOLLOWING BULLISH TARGETS
2175
2182
BEARISH RETRACEMENT TARGETS
2155 - DONE
2147 - DONE
EMA5 CROSS AND LOCK BELOW 2147 WILL OPEN THE SWING RANGE
SWING RANGE
2137 - 2129
EMA5 CROSS AND LOCK BELOW 2129 WILL OPEN THE STRUCTURE SUPPORT
STRUCTURE SUPPORT
2113
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
Mr Gold
GoldViewFX
XAUUSD Bearish going into the new week. Heres why .. good evening gold gang! tis i .. lord tommy back from the weekends debauchery.
Price closed at my algo level exactly breaking the 4hr support! This could mean we are in for a bearish couple of days while price makes its way down to the cheaper areas for big boys to buy in
We have an unmitigated 4h sell zone at the top there if price can make its way up .. i will sell there
for buys, im gonna need price to break the algo and head down.
We need to see some price move first!
lets meet up in london 06.00 to find out
catch you then
T
DeGRAM | GOLD trend continuation opportunityGOLD is trading in the descending channel. Price broke and closed below the reaction zone.
There's a kill zone level where resistance level 38.2% fibo perfectly lines up with it.
The market is creating the AB=CD pattern, or equal measured move.
We expect a bearish move to complete the AB=CD pattern.
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