On the above monthly chart price action has enjoyed a 180% upward move. There is evidence in the chart for a strong pivot, which includes:1) Price action strikes legacy support
Trading Idea Summary GOLD GOLD The price has been very **bullish**, and the initial expectation was for it to reach and test the **4-hour order block at 2737**. However, it
My dear followers,I analysed this chart on GOLD and concluded the following:The market is trading on 2689.1 pivot level.Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate
Key Observations:1. Fibonacci Levels:- The chart displays a Fibonacci retracement with key levels:- 0.5 (44,065) and 0.382 (43,828) are critical short-term support levels.- The 0.618 level (44,302) appears to act
XAUUSD AlexGolddHunter Technical Chart AnalysisPrice Action and Key LevelsCurrent Price: 2,707.695 USDSwing High: 2,720.84121 USDSwing Low: 2,694.956 USDFibonacci Levels0.786: 2,720.84121 USD0.705: 2,718.776925 USD0.618: 2,716.55973 USD0.5: 2,713.5525 USD0.382: 2,710.54527 USDVolume ProfileThe
Time Frame: 4HSentiment: OverboughtForecast: BullishWe can see a strong support and buying momentum around 1.6-1.8, selling power is weak.Bar price action and the volume, showing buyers' power increase.Broke the resistant
Gold prices continued to rise sharply today and hit a 9-week high after the important US inflation report. Specifically, the US announced that the consumer price index (CPI) in November
XAGUSD AlexGoldHunter Technical AnalysisPrice Action and Key LevelsCurrent Price: $31.8800Swing High: $32.2000Swing Low: $31.8800Strong High: $32.4000Strong Low: $31.6000p1D Low: $31.4500Fibonacci Levels0.786: $32.40000.705: $32.20000.618: $31.88000.5: $31.76000.382: $31.6000Volume ProfileThe volume profile indicates
SPDR Gold Trust Gold Fund bought 2.59 tons of gold yesterday, December 11Important resistance: 2733 - 2740 - 2750Important support level: 2680 - 2675 - 2700XAUUSD XAUUSD trading strategy around
Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 2675.12, which is an overlap support close to the 38.2% Fibo