#GOLD
πNew forecast
The price perfectly fulfilled my last idea.π― XAUUSD is currently trading near the previous resistance. The price has hit this resistance and appears to be pulling back. However, it has not yet reached the π July high. The last daily candle was very bullish, indicating possible breakout above this resistance.β‘οΈ
On the weekly, it has broken through last week's high, further supporting a π bullish outlook. But, given that we have high-impact news βοΈtoday, itβs unclear what the market will do next. I expect the market to spike upward before pulling back, β€΅οΈ or it could decline straight down towards the support level before eventually moving upward again.
π―My target is resistance zone at 2485.000
βββββββββ
My past forecasts on GOLD π©βπ»
β1GOLD+270pβ
β2GOLD+267pβ
β3GOLD+670pβ
β4GOLD+255pβ
β5GOLD -123pβ
β6GOLD+350pβ
β7GOLD+570pβ
β8GOLD+420pβ
βββββββββββββββ
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πNew forecast
The price perfectly fulfilled my last idea.π― XAUUSD is currently trading near the previous resistance. The price has hit this resistance and appears to be pulling back. However, it has not yet reached the π July high. The last daily candle was very bullish, indicating possible breakout above this resistance.β‘οΈ
On the weekly, it has broken through last week's high, further supporting a π bullish outlook. But, given that we have high-impact news βοΈtoday, itβs unclear what the market will do next. I expect the market to spike upward before pulling back, β€΅οΈ or it could decline straight down towards the support level before eventually moving upward again.
π―My target is resistance zone at 2485.000
βββββββββ
My past forecasts on GOLD π©βπ»
β1GOLD+270pβ
β2GOLD+267pβ
β3GOLD+670pβ
β4GOLD+255pβ
β5GOLD -123pβ
β6GOLD+350pβ
β7GOLD+570pβ
β8GOLD+420pβ
βββββββββββββββ
πLeave a comment
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#GOLD πNew forecast The price perfectly fulfilled my last idea.π― XAUUSD is currently trading near the previous resistance. The price has hit this resistance and appears to be pulling back. However, it has not yet reached the π July high. The last dailyβ¦
#GOLD
πUPDATE
The gold has recently moved sidewaysπ after showing bullish momentum. It has broken and closed above the significant level of 2450.πͺ Currently, it appears to be forming a box, as if awaiting a catalyst β‘οΈ to trigger movement upward, possibly aiming for the strong resistance at 2500. β
Current level has been tested twice before,γ½οΈ and a third approach may lead to a breakout. If the upcoming newsπ is favorable for gold, we could see it reach the resistance level at 2550, π especially considering that the weekly candlestick suggests potential for further βοΈ upward extension. π§ Overall, the outlook remains bullish as long as the price maintains above the 2450 level.
π―My target is resistance zone 2495.
βββββββββ
My past forecasts on GOLD π©βπ»
β1GOLD+270pβ
β2GOLD+267pβ
β3GOLD+670pβ
β4GOLD+255pβ
β5GOLD -123pβ
β6GOLD+350pβ
β7GOLD+570pβ
β8GOLD+420pβ
βββββββββββββββ
πLeave a comment
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πUPDATE
The gold has recently moved sidewaysπ after showing bullish momentum. It has broken and closed above the significant level of 2450.πͺ Currently, it appears to be forming a box, as if awaiting a catalyst β‘οΈ to trigger movement upward, possibly aiming for the strong resistance at 2500. β
Current level has been tested twice before,γ½οΈ and a third approach may lead to a breakout. If the upcoming newsπ is favorable for gold, we could see it reach the resistance level at 2550, π especially considering that the weekly candlestick suggests potential for further βοΈ upward extension. π§ Overall, the outlook remains bullish as long as the price maintains above the 2450 level.
π―My target is resistance zone 2495.
βββββββββ
My past forecasts on GOLD π©βπ»
β1GOLD+270pβ
β2GOLD+267pβ
β3GOLD+670pβ
β4GOLD+255pβ
β5GOLD -123pβ
β6GOLD+350pβ
β7GOLD+570pβ
β8GOLD+420pβ
βββββββββββββββ
πLeave a comment
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#GOLD πNew forecast The price perfectly fulfilled my last idea.π― XAUUSD is currently trading near the previous resistance. The price has hit this resistance and appears to be pulling back. However, it has not yet reached the π July high. The last dailyβ¦
#GOLD
πUPDATE
The market dippedπ» below the consolidation zone, as I mentioned in my last post. The price was pushed back and later bounced off a support level, πͺ taking liquidity below the 2450 level. Today, we are facing another high-impact news π° , which could drive the price either up or down. π
βIf the price breaks through the upward channel, we may see it move to lower levels. β€΅οΈ However, I believe the market will likely consolidate between 2450 and 2475 π until next week. Overall, I expect continued consolidation until we observe a clear trend π on the 1H chart.
π―My target is resistance around 2479.500
βββββββββ
My past forecasts on GOLD π©βπ»
β1GOLD+270pβ
β2GOLD+267pβ
β3GOLD+670pβ
β4GOLD+255pβ
β5GOLD -123pβ
β6GOLD+350pβ
β7GOLD+570pβ
β8GOLD+420pβ
βββββββββββββββ
πLeave a comment
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πUPDATE
The market dippedπ» below the consolidation zone, as I mentioned in my last post. The price was pushed back and later bounced off a support level, πͺ taking liquidity below the 2450 level. Today, we are facing another high-impact news π° , which could drive the price either up or down. π
βIf the price breaks through the upward channel, we may see it move to lower levels. β€΅οΈ However, I believe the market will likely consolidate between 2450 and 2475 π until next week. Overall, I expect continued consolidation until we observe a clear trend π on the 1H chart.
π―My target is resistance around 2479.500
βββββββββ
My past forecasts on GOLD π©βπ»
β1GOLD+270pβ
β2GOLD+267pβ
β3GOLD+670pβ
β4GOLD+255pβ
β5GOLD -123pβ
β6GOLD+350pβ
β7GOLD+570pβ
β8GOLD+420pβ
βββββββββββββββ
πLeave a comment
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#GOLD
πNew forecast
XAUUSD remains choppy ,π having formed a doji candle in the last daily session. Given that today is Friday and there are no significant high-impact newsπ° events on the horizon, there is a possibility that the market might continue moving sideways. π The price is currently hovering around the key level of 2450, building liquidity π both above and below this level,
and it appears to be forming a π triangle pattern, suggesting that the price may be preparing for a breakout. β‘οΈ I expect the market to close above the previous week's high and remain above it,β« potentially signaling a bullish move π next weeks, especially since it has returned to the range zone.
π―My target is resistance around 2477
βββββββββ
My past forecasts on GOLD π©βπ»
β1GOLD+270pβ
β2GOLD+267pβ
β3GOLD+670pβ
β4GOLD+255pβ
β5GOLD -123pβ
β6GOLD+350pβ
β7GOLD+570pβ
β8GOLD+420pβ
βββββββββββββββ
πLeave a comment
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πNew forecast
XAUUSD remains choppy ,π having formed a doji candle in the last daily session. Given that today is Friday and there are no significant high-impact newsπ° events on the horizon, there is a possibility that the market might continue moving sideways. π The price is currently hovering around the key level of 2450, building liquidity π both above and below this level,
and it appears to be forming a π triangle pattern, suggesting that the price may be preparing for a breakout. β‘οΈ I expect the market to close above the previous week's high and remain above it,β« potentially signaling a bullish move π next weeks, especially since it has returned to the range zone.
π―My target is resistance around 2477
βββββββββ
My past forecasts on GOLD π©βπ»
β1GOLD+270pβ
β2GOLD+267pβ
β3GOLD+670pβ
β4GOLD+255pβ
β5GOLD -123pβ
β6GOLD+350pβ
β7GOLD+570pβ
β8GOLD+420pβ
βββββββββββββββ
πLeave a comment
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#GOLD
πNew forecast
The price perfectly fulfilled my last idea from Friday.π― It hit the TP. After hitting the target, the market surged, reaching the π key resistance zone above 2500. I believe the market may now form either a range zone or a doji candle π on the daily timeframe as it takes a pause following the recent πupward momentum.
π§I anticipate a pullback β€΅οΈ toward the support level below the round number, followed by a bounce. π We should look for buying signals πΉ around the 50% retracement level of the previous daily range.
π―My goal is the resistance zone around 2550.
βββββββββ
My past forecasts on GOLD π©βπ»
β1GOLD+270pβ
β2GOLD+267pβ
β3GOLD+670pβ
β4GOLD+255pβ
β5GOLD -123pβ
β6GOLD+350pβ
β7GOLD+570pβ
β8GOLD+420pβ
β9GOLD+436pβ
βββββββββββββββ
πLeave a commentπ
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πNew forecast
The price perfectly fulfilled my last idea from Friday.π― It hit the TP. After hitting the target, the market surged, reaching the π key resistance zone above 2500. I believe the market may now form either a range zone or a doji candle π on the daily timeframe as it takes a pause following the recent πupward momentum.
π§I anticipate a pullback β€΅οΈ toward the support level below the round number, followed by a bounce. π We should look for buying signals πΉ around the 50% retracement level of the previous daily range.
π―My goal is the resistance zone around 2550.
βββββββββ
My past forecasts on GOLD π©βπ»
β1GOLD+270pβ
β2GOLD+267pβ
β3GOLD+670pβ
β4GOLD+255pβ
β5GOLD -123pβ
β6GOLD+350pβ
β7GOLD+570pβ
β8GOLD+420pβ
β9GOLD+436pβ
βββββββββββββββ
πLeave a commentπ
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#GOLD πNew forecast The price perfectly fulfilled my last idea from Friday.π― It hit the TP. After hitting the target, the market surged, reaching the π key resistance zone above 2500. I believe the market may now form either a range zone or a doji candleβ¦
#GOLD
πUPDATE
Gold has been consolidating around the π key level at 2500, and it recently broke through a smaller consolidation zone. Currently, it is trading above an upward trendline, which has acted as both support and resistanceπ . If the price drops below this trendline, we could see a deeper correction.‡οΈ
However, if the market pulls π back to the support at 2500, this could present a trend trading opportunity to go long. βοΈ It's important to remain cautious, as there are high-impact news events π° that could push the price down to the 2470 level. Overall, I anticipate a continuation of the bullish move, π but keep an eye on those key levels and news events.
π―My target is resistance at 2548
βββββββββ
My past forecasts on GOLD π©βπ»
β1GOLD+270pβ
β2GOLD+267pβ
β3GOLD+670pβ
β4GOLD+255pβ
β5GOLD -123pβ
β6GOLD+350pβ
β7GOLD+570pβ
β8GOLD+420pβ
β9GOLD+436pβ
βββββββββββββββ
πLeave a commentπ
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πUPDATE
Gold has been consolidating around the π key level at 2500, and it recently broke through a smaller consolidation zone. Currently, it is trading above an upward trendline, which has acted as both support and resistanceπ . If the price drops below this trendline, we could see a deeper correction.‡οΈ
However, if the market pulls π back to the support at 2500, this could present a trend trading opportunity to go long. βοΈ It's important to remain cautious, as there are high-impact news events π° that could push the price down to the 2470 level. Overall, I anticipate a continuation of the bullish move, π but keep an eye on those key levels and news events.
π―My target is resistance at 2548
βββββββββ
My past forecasts on GOLD π©βπ»
β1GOLD+270pβ
β2GOLD+267pβ
β3GOLD+670pβ
β4GOLD+255pβ
β5GOLD -123pβ
β6GOLD+350pβ
β7GOLD+570pβ
β8GOLD+420pβ
β9GOLD+436pβ
βββββββββββββββ
πLeave a commentπ
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#GOLD
πNew forecast
XAUUSD is currently experiencing a β€΅οΈ pullback after a strong bullish move. π The support area between 2485 and 2500 presents a opportunity to take a long trade, particularly if the price shows π bullish signals, such as a fake breakout.
π§ I expect a retest of the resistance zone from this support zonel, as the price action appears to be forming a complex pullback.γ½οΈ However, it's important to note that there is still a possibility of the price dipping lower,π» especially since, on the daily timeframe, we have a bullish candle wth a long wick. π
π―My target is resistance zone at 2529
βββββββββ
My past forecasts on GOLD π©βπ»
β1GOLD+270pβ
β2GOLD+267pβ
β3GOLD+670pβ
β4GOLD+255pβ
β5GOLD -123pβ
β6GOLD+350pβ
β7GOLD+570pβ
β8GOLD+420pβ
β9GOLD+436pβ
βββββββββββββββ
πLeave a commentπ
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πNew forecast
XAUUSD is currently experiencing a β€΅οΈ pullback after a strong bullish move. π The support area between 2485 and 2500 presents a opportunity to take a long trade, particularly if the price shows π bullish signals, such as a fake breakout.
π§ I expect a retest of the resistance zone from this support zonel, as the price action appears to be forming a complex pullback.γ½οΈ However, it's important to note that there is still a possibility of the price dipping lower,π» especially since, on the daily timeframe, we have a bullish candle wth a long wick. π
π―My target is resistance zone at 2529
βββββββββ
My past forecasts on GOLD π©βπ»
β1GOLD+270pβ
β2GOLD+267pβ
β3GOLD+670pβ
β4GOLD+255pβ
β5GOLD -123pβ
β6GOLD+350pβ
β7GOLD+570pβ
β8GOLD+420pβ
β9GOLD+436pβ
βββββββββββββββ
πLeave a commentπ
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#GOLD πNew forecast The price perfectly fulfilled my last idea from Friday.π― It hit the TP. After hitting the target, the market surged, reaching the π key resistance zone above 2500. I believe the market may now form either a range zone or a doji candleβ¦
#GOLD
πUPDATE
The market continues to consolidateπ after bouncing off the resistance zone. The price action has formed a downward channel, indicating a pullback.π On the daily timeframe, we've observed the creation of an inside bar, signaling indecision in the market.π§
However, π° with high-impact news scheduled for today, I anticipate a breakout above or below the previous day's high or low.π The ideal scenario would involve a πͺ fake breakout of Monday's low, followed by a continuation of the prevailing trend. Nonetheless, I expect the market to ultimately push upward. βοΈ
π―My target is resistance zone around 2532
βββββββββ
My past forecasts on GOLD π©βπ»
β1GOLD+270pβ
β2GOLD+267pβ
β3GOLD+670pβ
β4GOLD+255pβ
β5GOLD -123pβ
β6GOLD+350pβ
β7GOLD+570pβ
β8GOLD+420pβ
β9GOLD+436pβ
βββββββββββββββ
πLeave a commentπ
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πUPDATE
The market continues to consolidateπ after bouncing off the resistance zone. The price action has formed a downward channel, indicating a pullback.π On the daily timeframe, we've observed the creation of an inside bar, signaling indecision in the market.π§
However, π° with high-impact news scheduled for today, I anticipate a breakout above or below the previous day's high or low.π The ideal scenario would involve a πͺ fake breakout of Monday's low, followed by a continuation of the prevailing trend. Nonetheless, I expect the market to ultimately push upward. βοΈ
π―My target is resistance zone around 2532
βββββββββ
My past forecasts on GOLD π©βπ»
β1GOLD+270pβ
β2GOLD+267pβ
β3GOLD+670pβ
β4GOLD+255pβ
β5GOLD -123pβ
β6GOLD+350pβ
β7GOLD+570pβ
β8GOLD+420pβ
β9GOLD+436pβ
βββββββββββββββ
πLeave a commentπ
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#GOLD
πNew forecast
XAUUSD is eagerly awaiting the πΊπΈ upcoming speech from Powell, which is sure to have a significant impact on the markets.π© Overall, the price has bounced back from the area I highlighted in my weekly forecast.π
Currently, π‘ it is trading around the psychological level of 2500, and there is potential for it to push upward toward the βοΈ next resistance level at 2600. With that said, I anticipate volatility in the market, which could lead to breakouts from the previous day's highs or lows.π If Powell hints at a future rate cut, I believe we could easily reach 2550.
π―My target is resistance zone around 2545.000
βββββββββ
My past forecasts on GOLD π©βπ»
β1GOLD+270pβ
β2GOLD+267pβ
β3GOLD+670pβ
β4GOLD+255pβ
β5GOLD -123pβ
β6GOLD+350pβ
β7GOLD+570pβ
β8GOLD+420pβ
β9GOLD+436pβ
βββββββββββββββ
πLeave a commentπ
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πNew forecast
XAUUSD is eagerly awaiting the πΊπΈ upcoming speech from Powell, which is sure to have a significant impact on the markets.π© Overall, the price has bounced back from the area I highlighted in my weekly forecast.π
Currently, π‘ it is trading around the psychological level of 2500, and there is potential for it to push upward toward the βοΈ next resistance level at 2600. With that said, I anticipate volatility in the market, which could lead to breakouts from the previous day's highs or lows.π If Powell hints at a future rate cut, I believe we could easily reach 2550.
π―My target is resistance zone around 2545.000
βββββββββ
My past forecasts on GOLD π©βπ»
β1GOLD+270pβ
β2GOLD+267pβ
β3GOLD+670pβ
β4GOLD+255pβ
β5GOLD -123pβ
β6GOLD+350pβ
β7GOLD+570pβ
β8GOLD+420pβ
β9GOLD+436pβ
βββββββββββββββ
πLeave a commentπ
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#GOLD
πNew forecast
The market is currently approaching the βοΈ all-time high level, and I anticipate we could see some pullback. There is a possibility that the it might form a fake breakout π» of the resistance before moving downward. On the daily, the price has broken above Fridayβs high, and if it closes above this level, it could increase the chance of a π move up.
βHowever, since it has already reached the ATH, π§ it seems illogical to enter new long positions at this resistance level. I expect to see a pullback followed γ½οΈ by potential further upward movement or, alternatively, a breakout that could lead to a π pullback before the continuation.
π―My mid-term target is resistance around 2558
βββββββββ
My past forecasts on GOLD π©βπ»
β1GOLD+270pβ
β2GOLD+267pβ
β3GOLD+670pβ
β4GOLD+255pβ
β5GOLD -123pβ
β6GOLD+350pβ
β7GOLD+570pβ
β8GOLD+420pβ
β9GOLD+436pβ
βββββββββββββββ
πLeave a commentπ
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πNew forecast
The market is currently approaching the βοΈ all-time high level, and I anticipate we could see some pullback. There is a possibility that the it might form a fake breakout π» of the resistance before moving downward. On the daily, the price has broken above Fridayβs high, and if it closes above this level, it could increase the chance of a π move up.
βHowever, since it has already reached the ATH, π§ it seems illogical to enter new long positions at this resistance level. I expect to see a pullback followed γ½οΈ by potential further upward movement or, alternatively, a breakout that could lead to a π pullback before the continuation.
π―My mid-term target is resistance around 2558
βββββββββ
My past forecasts on GOLD π©βπ»
β1GOLD+270pβ
β2GOLD+267pβ
β3GOLD+670pβ
β4GOLD+255pβ
β5GOLD -123pβ
β6GOLD+350pβ
β7GOLD+570pβ
β8GOLD+420pβ
β9GOLD+436pβ
βββββββββββββββ
πLeave a commentπ
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