Gold H4 - Long Signal Gold H4
We responded nicely on that 1944 support price yesterday and pushed circa +140 pips upside. Nice H4 confirmation and solid initial push.
We are now seeing a correction of around 618 support, eyeing up additional entries from here, but not a great deal of added confluence to go off.
Tradinggold
This could be XAUUSD 's golden year!2011 marked a huge accomplishment for Gold peaking at 1920.
This peak was made possible fundamentally due to inflation brought on by the sub-prime 2008 crisis.
After peaking around 1920 back in 2011, Gold resumed to drop for a consistent 2 year period until 2013.
Between 2013-2019 Gold was trading within a triangle consolidation pattern that broke up June 2019.
Between 2019 to today Gold is trading in a technical weekly up-trend with higher lows.
On my previous bigger picture review of Gold when it was trading around 1800 back in 2020 - I've covered how Gold may continue to rally long-term with consistent new highs.
Gold resumed to rally after my idea was published and peaked at around 2080 just a couple month later, August 2020.
After peaking August 2020 - It resumed to trade down until November 2021, when for the first time we had a higher high on a weekly close.
Since November 2021 a consistent up-trend is ongoing, which started from a double bottom forming around the breakout which is also the weekly support stretching since 2018 connecting lows.
Most recently we have a weekly close above the previous high of 2011 (1920) and connecting highs stretching back a year to early 2021 , also at around 1920 - Together making up very bullish indications, which means a new all time high is targeted.
If this week closes above 1945, expect an extremely strong start to the week for Gold , with 1960, 1980 and 2010 as immediate possible targets.
Inflation , uncertainty , pandemic, war - All bullish factors supporting the bullish technicals reviewed on this weekly chart.
Please like and subscribe if you like my point of view , thanks!
XAUUSD 1H - LevelsXAUUSD 10/03/22 1H
Support: 1969 / 1960 / 1965 / 1950 / 1939
Resistance: 1998 / 2000 / 2004 / 2007 / 2025 – 2030
KOGs Bias for the day:
Bullish above 1960 with targets above 1995, 1998 and above that 2010
Bearish on break of 1960 with targets below 1950 and below that 1939
Summary:
We would expect support just below here and a potential test on that 2000 level or just above it at some point. We can still see room for this to go lower so please trade carefully. We’re either waiting for an engulfing 4H candle to break higher or, for lower support around 1940-50.
As always, trade safe.
KOG
XAUUSD - KOG REPORT! (Weekly)Weekly Chart:
Camelot members have been taught how to trade the triangles to the best of probability using KOG zones and level to level trading methods. This chart is very interesting and if it follows what we think its going to do then please look out for the following levels. The 1914-35 region is important for the price to stay below if we’re going to see a resumption of the bearish move and then continue to the overdue KOG target of 1770! Yes, it a long way off but we’re going to keep it in mind knowing that it can take weeks/months to get there if it wants to.
This chart shows the weekly structure with the trend and the Triangle in play. So for coming weeks these are the regions that are important, the 1854 level support where a break and close of this level will see the price then face further declines into the 1835-30 key liquidity region or, a break and close on the weekly of the 1915-35 price region on the weekly candle which will result in more bullish movement in Gold leading to a test of the recent high and potentially further up.
Together with the daily reviews and levels we share please add these levels to your charts so you're aware of what the price can do and what it can achieve.
We’ve had a lot of traders ask us what time frames we use for our analysis, this is the reason we’re sharing the weekly, daily and 4H time frame analysis, so you can see we start with the longer term charts and then work our way down. This is what a lot of analyst will call a top down analysis of the markets, simply starting from the higher time frames and working your way down.
Daily Chart:
We have shared this a few times but this time we’re going to go into a bit more depth. You can see the trend and you can also see the daily levels which have been plotted on the highs and the lows of the chart. What we’re looking for here whether the price comes down first to create the lower highs or if the price goes up first to test the top of the trendline and then comes down to create a lower high. We have to keep in mind and be aware that at some point this structure will be broken, that will either be to the upside or the downside.
KOGs view on that at the moment is its too early to tell, we will use this chart to guide use using the levels and the trend together with Excalibur to make the most of what we’re seeing.
Fore reference only.
As always, trade safe.
KOG
Gold Analysis 02-24-22 Asian Session After yesterday's news regarding the situation between Ukraine and Russia, Gold broke through the major levels of resistance with ease. Today the market retraced the entire move and has closed bearish right back into the range. If the lows on the current daily candle begins to break, there is a high probability for a bearish continuation. Be mindful of any breaking news during the Asian or London session. I believe the market will continue bearish to test 1898.60 and then possibly 1891. We will see what happens during market open.
1.Price had a strong rejection from two major levels of resistance and closed below.
2. Looks like the next daily candle has testes the level of resistance and rejected 1914
3. If the daily begins to breaks its own low, price could continue bearish to retest the wick.
*.Keep in mind the news going on with Russia and Ukraine. Another report like yesterday evening can cause volume during the Asian session/London Session
Gold H4 - Short SetupGOLD H4
Understanding there is a big dump to break support and knock potential stops, this was fuelled by FED yesterday and the following volatility of this event.
Strong bullish run for circa 200 from support close to current price. Little further to push before reaching out pivot point, and we could see reversals and another range fill back down to support.
XAUUSD analysisDon't forget to click the like and follow buttons for more daily detailed analysis!
Here we have got our GOLD chart.
Gold has seen sideways movement due to current market sentiment. As we discussed, gold is a safe haven for investors and often rises in times of Poor news sentiment.
Since the news is not currently clear it is causing markets to sit.
We are looking long to the noted TGT area.
My another view for XAUUSD - MychartbaseThis is my another longterm view of FOREXCOM:XAUUSD .
Will the story repeats itself?
The market says to me, do not over confidence. That's why from now on I always put a stop loss.
Berikut ini adalah pandangan lain saya terhadap XAUUSD (Emas) untuk jangka panjang.
Mungkinkah harga bergerak naik kembali?
Selama ini saya mendapat pelajaran dari market, jangan terlalu percaya diri. Tetap gunakan stop loss sebagai pengaman.
~Disclaimer On
By Mychartbase
Gold Continues LowerGold failed to push higher all because of a lack of momentum to the upside. So let's take a quick look at what the chart is telling us;
monthly is bearish,
weekly appears flat,
daily is bearish.
Also, a new structure formation shows that we have broken below the bottom trendline and currently we are retesting that trendline before continuing... *breathing**... lower. 🧐
Happy Trading folks!
Cheers!
Bear trend continues.Good morning traders in this analysis on gold we saw that yesterday we had a very strong level of resistance being respected at the 1735. Price then came down to retest the support structure of 1723 and then price managed to break through the support level with the New York volume and now we are on out way to take more shorts once the price can retest and break through the support found at 1700 in order to fill the next range and go retest higher levels of support found at the price 1678.
GOLD: More Correction Downside towards 1785$ and 1744$ Gold has continued to decrease as expected and now it has found temporary support at the $1,800 psychological level. I mentioned last month on my analysis drop expected After US-election would drive the price at least till the $1,800 level.
The price is located in a strong support area represented by the $1,800, the S3 ($1,803), So, a bearish closure under the 1,800 suggests that the downside movement should continue. This scenario could help us to catch the downside movement. The price could try to recover a little after the most recent sell-off. The bias will remain bearish as long as the price stays under the $1,848 resistance (support has turned into resistance).
It could retest the near-term resistance levels, obstacles, before dropping deeper. A bearish closure under the $1,800 level will offer a selling opportunity with a downside target at $1,744.
🛑SUPPORT/RESISTANCE
✅S1= 1803
✅S2=1744
✴️R1=1848
✴️R2=1900
Please like, share, comments and follow me to get daily base analysis.
Thank you for your support, I appreciate it.
Gold is so bullish for long-termHello, in this overiew of weekly and monthly, we see that there's an interesting opportunity to buy Gold ad the level of $1960 USD and keep the long position in the $2200 USD, that mean:
If you trade 1 oz of GOLD and you buy 1 oz of Gold on the price of $1966 USD and keep the position in the $2200 USD, your earning is $233 USD, that is a great for traders.
Now, we are to find up the Elliot Wave # 5 break up this historic resistance of $1900 USD.
"GC" ITA AnalysisSo we start with the Fib Retracements, there has been a Sup/Res level between the two levels 38.2 and 50, and which also is shown by the span B on the Ichimoku. For the price to continue up, the level 1700 needs to be broken upward. Then we can say let the bulls rally. This way the next two targets will 1710 and 1730
1/12/2020 XAUUSD GoldHere is another Forex Trading Snack.
From our breakout trade more then a week ago I’m still holding onto my very bullish bias. It has pulled back to its longer term flag top pattern ( indicated by the horizontal red line ) a shorter term bullish battle zone with the lower 1500 round number being the bullish OH crap zone!! This is a free ride trade for the idea or those who might have traded along. My longer term targets for latter on this year is still firmly at 1700-1800 but I would love to add if we get another dip towards lower ranges around the zone in the earlier part of this post.
As always, all the best in your trades.
Landscape view daily chart.
Always remember, Forex Trading is the hardest easy money you’ll ever make!! Plan your own trades, then trade your plan with your individual risk management.
Gold: What will happen when this correction ends?Hi Guys,
following my previous post, the precious metal is continuing its correction within what looks like a potential 4th wave correcting the big 3rd made yesterday.
Gold seems to have completed W and X, therefore Y may form a combined structure before completing the corrective pattern.
For more information please visit this link on corrective waves.
www.elliottwave.net
A lot of us are posting ideas similar to the one posted by AhmedSar. Bat Patterns bouncing at D to target the bottom of 4th wave with target at approximately 1197. At the moment price is correcting but I am not sure yet if such a target is achievable. I will keep following the moves and try to keep you updated.
Thank you for sharing your views and comments. Any idea is a contribution for better understanding The Matrix.
Please note that I am not a professional trader and these are my personal ideas only.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
Thank you for following and for sharing your ideas.
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
GOLD: just a flat correctionHallo Tradingviewers,
This is not an idea but the analysis of an idea posted by AhmedSar who discovered an interesting formation on the 4 hour chart.
My chart is 15 minute and try to show what price is doing at letter D of the Baby Bat formation illustrated by AhmedSar.
Please also have a look at the 5 minute chart below to better appreciate the pattern formation.
Have a good night everybody!
Please share your views and comments. Any idea is a contribution for better understanding The Matrix.
Please note that I am not a professional trader and these are my personal ideas only.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
Thank you for following and for sharing your ideas.
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
GOLD: is Platinum anticipating Gold's move?Hallo again,
following my previous post please find below the daily chart of Platinum that may anticipate a move in Gold.
Remember that on the 25-26 September there is the FED meeting.
Please share your views and comments. Any idea is a contribution for better understanding The Matrix.
Please note that I am not a professional trader and these are my personal ideas only.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
Thank you for following and for sharing your ideas.
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.