#GOLD
👉New forecast
The price perfectly fulfilled my last idea.📌 It hit the TP.
XAUUSD is currently testing 🗝 the critical level of 2350. The market has already broken out of the range zone that was part of an inverse head and shoulders pattern.🗿 Given that the market has closed above the strong support at 2330, I believe it may retest the⤵️ midpoint of the range zone, which aligns with the neckline of the H&S pattern.❗️

However, there is still a possibility📉 that the price could drop to a lower level, as it has already completed a test of the top of the 📐 triangle formation I mentioned yesterday. In any case, I'm looking for🔎 the price to test the support level and bounce back, which would provide a buy ✅ confirmation.

🎯My target is the resistance zone around 2379.
➖➖➖➖➖➖➖➖➖
My past forecasts on GOLD 👩‍💻
№1GOLD+450p✅
№2GOLD+219p✅
№3GOLD+364p✅
№4GOLD -137p❌
№5GOLD+470p✅
№6GOLD-142p❌
№7GOLD+293p✅

#GOLD
👉UPDATE
The gold market has broken ⚡️ out of its consolidation zone and is currently 🐌 moving sideways, following an impulsive leg that suggests a correction may be possible.⤵️ Given the significant takeoff we've seen, I expect the market to pull back to the range zone,〽️ as the price has broken out of this zone below,

it's likely to retest the broken level before making a move upwards.↗️ If the market does retest the support area between 2335 and 2340 📈 and rejects it, we can 🔎 look for buying confirmation and consider taking a long position.

🎯My goal is the resistance zone around 2377.
➖➖➖➖➖➖➖➖➖
My past forecasts on GOLD 👩‍💻
№1GOLD+450p✅
№2GOLD+219p✅
№3GOLD+364p✅
№4GOLD -137p❌
№5GOLD+470p✅
№6GOLD-142p❌
№7GOLD+293p✅

#GOLD
👉UPDATE
🧐 Notice how the market responded to the 📊 previous lower high at 2365; the lack of an impulsive from this level suggests that it may react by 📈 moving upward following the upcoming NFP.🗞 Since yesterday, the price has been range-bound,🐌 indicating a potential breakout above.

However, ❗️ it's also possible that we'll see a short-lived 🔻 spike downward. Overall, I'm expecting a 🐃bullish breakout above the previous lower high and a retest of the resistance above. ↗️

🎯My goal is the resistance zone around 2379.
➖➖➖➖➖➖➖➖➖
My past forecasts on GOLD 👩‍💻
№1GOLD+450p✅
№2GOLD+219p✅
№3GOLD+364p✅
№4GOLD -137p❌
№5GOLD+470p✅
№6GOLD-142p❌
№7GOLD+293p✅

#GOLD
👉New forecast
The price perfectly fulfilled my last idea.📌 XAUUSD has made consecutive higher highs on the 4H chart, and the market has tested its 📊 previous high, only to pull back and form a fake breakout. This development is cause for some concern,🧐 but it's reassuring that we didn't see a 📍 bearish long tailed bar, that would indicate a potential liquidity grab and subsequent drop. Instead, the price is likely to revisit this zone again.

I think the market may create 📈 a trend continuation pattern at the support zone before breaking and closing above it. ↗️ If the price can break through resistance, it's likely to propel gold to next resistanace levels above. However, if it continues lower, 🔻 we can anticipate the price testing the 2350 support level and possibly the channel border. 〽️

🎯My goal is resistance zone at 2415.
➖➖➖➖➖➖➖➖➖
My past forecasts on GOLD 👩‍💻
№1GOLD+450p✅
№2GOLD+219p✅
№3GOLD+364p✅
№4GOLD -137p❌
№5GOLD+470p✅
№6GOLD-142p❌
№7GOLD+293p✅
№8GOLD+275p✅

#GOLD
👉UPDATE
As mentioned yesterday,🧐 the market has pulled back to the channel border, with the current price near the previous daily low 📊 and key level at 2350. I believe the market may consolidate 🔀 within the 2368-2350 range before deciding on its next move.

If it breaks through this zone,📈 it could potentially continue the current trend. 📰 With Fed Chair Powell's Testify upcoming, it's likely to bring increased volatility to the market.⚡️ However, if the market makes a fake breakout at 2350, it's likely that it will retest the recent resistance zones above. ⤴️

🎯My goal is the resistance zone around 2390
➖➖➖➖➖➖➖➖➖
My past forecasts on GOLD 👩‍💻
№1GOLD+450p✅
№2GOLD+219p✅
№3GOLD+364p✅
№4GOLD -137p❌
№5GOLD+470p✅
№6GOLD-142p❌
№7GOLD+293p✅
№8GOLD+275p✅

#GOLD
👉UPDATE
The price perfectly fulfills my last idea.📌 The market bounced off the entry zone and ⚡️ rallied higher, after the equal lows formation.⤴️ I believe the market may be creating some box in anticipation of the upcoming news.🗞

📊 The market broke and closed above📈 the recent high at 2370, therefore I think the market might continue to push upwards.↗️ However, if the price pulls back to the support level around 2360, it would present an opportunity to enter long again. ✳️

🎯My goal is resistance zone at 2385
➖➖➖➖➖➖➖➖➖
My past forecasts on GOLD 👩‍💻
№1GOLD+450p✅
№2GOLD+219p✅
№3GOLD+364p✅
№4GOLD -137p❌
№5GOLD+470p✅
№6GOLD-142p❌
№7GOLD+293p✅
№8GOLD+275p✅

#GOLD
👉New forecast
The price perfectly fulfilled my last idea.📌 It hit the TP. XAUUSD is currently testing the previous resistant zone. The market has already ⤴️ broken out above the 💪 strong support level at 2370, indicating a possible retest of the next resistance. The price action suggests that market is anticipating the upcoming CPI release,📰 which could potentially push the 🔃 market lower or higher.

However, if the news🗞 comes out favorably for bulls, I believe the market could break through the previous resistance and 🔑 psychological level above 2400. 🔎 Overall I'm looking for the price to test the support level and bounce back, which gives us a buying opportunity.🟢

🎯My target is the resistance zone around 2405
➖➖➖➖➖➖➖➖➖
My past forecasts on GOLD 👩‍💻
№1GOLD+450p✅
№2GOLD+219p✅
№3GOLD+364p✅
№4GOLD -137p❌
№5GOLD+470p✅
№6GOLD-142p❌
№7GOLD+293p✅
№8GOLD+275p✅
№9GOLD+350p✅

#GOLD
👉New forecast
The price perfectly fulfilled my last idea.📌After breaking out and closing above the 🗝 psychological level, XAUUSD is now pulling back. The price has been making higher highs and higher lows, 📈 indicating an uptrend. As it approaches the key support level at 2400, which was previously broken with a large bullish candle, 🐃 I'm looking for a reaction to this zone.

If the price rejects this support level, it could ⚡️ trigger a significant upward move. However, we have high-impact news 📰 on the horizon that could potentially push the price lower. Therefore, I'm advising caution. In the event of a pullback, I anticipate the market to↗️ retest the support level before resuming its upward trajectory.

🎯My goal is the resistance zone at 2426.
➖➖➖➖➖➖➖➖➖
My past forecasts on GOLD 👩‍💻
№1GOLD+450p✅
№2GOLD+219p✅
№3GOLD+364p✅
№4GOLD -137p❌
№5GOLD+470p✅
№6GOLD-142p❌
№7GOLD+293p✅
№8GOLD+275p✅
№9GOLD+350p✅
№10GOLD+240p✅

#GOLD
👉New forecast
The gold price has reached its 📈 previous resistance zone and is currently 🐌 trading sideways on the 1H timeframe. Given this development, it's likely that the price action will form a triangle pattern,🚩 which is a trend continuation pattern. With no high-impact news on the horizon now,🗞 I expect the market to continue consolidating until New York session. 🇺🇸

🔎 If the market moves down to the support levels, I anticipate a bounce off ⤴️ the upward trendline and the support zone between 2390-2400. 📊 This could potentially trigger a 🐃 bullish move tomorrow if the price action confirms a buy signal. 💹

🎯My goal is resistance zone at 2440.
➖➖➖➖➖➖➖➖➖
My past forecasts on GOLD 👩‍💻
№1GOLD+450p✅
№2GOLD+219p✅
№3GOLD+364p✅
№4GOLD -137p❌
№5GOLD+470p✅
№6GOLD-142p❌
№7GOLD+293p✅
№8GOLD+275p✅
№9GOLD+350p✅
№10GOLD+240p✅

#GOLD
👉New forecast
The price perfectly fulfilled my previous idea.📌 It hit the TP. XAUUSD market has broken out above the trendline, but a bearish divergence🐻 at the resistance level suggests that a correction may occur. With the market approaching the strong 💪 resistance at 2450, I anticipate a short-term pullback, particularly after the news release in the NY session. 🇺🇸

Since the price has broken out of the 📊 range zone below, it's likely to retest the broken level before making a move upwards if 📰 high impact news pushes the ⤵️ price to lower levels. However, if the market rejects the support area between 2420 and 2410 on retest, we can look for buying confirmation. 💹

🎯My goal is the resistance zone around 2470.
➖➖➖➖➖➖➖➖➖
My past forecasts on GOLD 👩‍💻
№1GOLD+450p✅
№2GOLD+219p✅
№3GOLD+364p✅
№4GOLD -137p❌
№5GOLD+470p✅
№6GOLD-142p❌
№7GOLD+293p✅
№8GOLD+275p✅
№9GOLD+350p✅
№10GOLD+240p✅
№11GOLD+345p✅
№12GOLD+352p✅