Lingrid Forex Signals
#GOLD ๐UPDATE The recent sell-off ๐ป in XAUUSD has brought the price back to the range zone. At this point, it's likely that the market will enter a sideways phase ๐ until significant new news emerges. I expect the market to consolidate today. I think,โฆ
#GOLD
๐UPDATE
The gold market remains within the consolidation zone,๐ and it appears that the market is awaiting the upcoming news release,๐ which is likely to trigger a wave of orders that will increase volatility. Currently, the market is testing the top of the consolidation zone, โ๏ธand an ideal scenario would be a fake breakout of the small range zone, followed by a channel breakout to the upside. โก๏ธ
This would set the stage for ๐ a potential upward move from the bottom of the range. I expect the price to break out of its current ๐ consolidation zone and begin an upward trajectory if confirmation is received.โ
๐ฏMy target is the resistance zone at 2350.
๐UPDATE
The gold market remains within the consolidation zone,๐ and it appears that the market is awaiting the upcoming news release,๐ which is likely to trigger a wave of orders that will increase volatility. Currently, the market is testing the top of the consolidation zone, โ๏ธand an ideal scenario would be a fake breakout of the small range zone, followed by a channel breakout to the upside. โก๏ธ
This would set the stage for ๐ a potential upward move from the bottom of the range. I expect the price to break out of its current ๐ consolidation zone and begin an upward trajectory if confirmation is received.โ
๐ฏMy target is the resistance zone at 2350.
Lingrid Forex Signals
#GOLD ๐UPDATE The recent sell-off ๐ป in XAUUSD has brought the price back to the range zone. At this point, it's likely that the market will enter a sideways phase ๐ until significant new news emerges. I expect the market to consolidate today. I think,โฆ
#GOLD
๐UPDATE
After losing momentum๐ป following the bearish impulse move, the gold market has formed a ๐ bullish divergence as it approaches the support level. I think the market may be poised to ๐ move upward to the top of the consolidation zone. On the 4H chart, a long-tailed bar๐ has formed, indicating buying pressure.
๐ If we take a look at the daily timeframe, ๐ we'll see that the price has taken out liquidity ๐ช below the last three days' lows. This could be a bullish sign that may propel the market upward. โก๏ธ I expect the market to slowly move upward, retesting the resistance between 2340 and 2350.
๐ฏMy target is resistance at 2345.
๐UPDATE
After losing momentum๐ป following the bearish impulse move, the gold market has formed a ๐ bullish divergence as it approaches the support level. I think the market may be poised to ๐ move upward to the top of the consolidation zone. On the 4H chart, a long-tailed bar๐ has formed, indicating buying pressure.
๐ If we take a look at the daily timeframe, ๐ we'll see that the price has taken out liquidity ๐ช below the last three days' lows. This could be a bullish sign that may propel the market upward. โก๏ธ I expect the market to slowly move upward, retesting the resistance between 2340 and 2350.
๐ฏMy target is resistance at 2345.
#GOLD
๐New forecast
The price perfectly fulfilled my last idea.๐ XAUUSD has rebounded off its๐ key support level and is now making its way towards the resistance zone. Considering the significance of today's news events,๐ I think it's likely that the market will retest this resistance before potentially pulling back down.โคต๏ธ
It's possible that the price may enter ๐ a consolidation phase between 2300-2330 again before a clear trend emerges.๐ I expect the market to move sideways ๐ for a bit, as we've seen every time the price bounces off this key support level - it tends toโ๏ธ consolidate for a while. However, if the resistance fails to hold, we could see the price surge โก๏ธ higher towards the next resistance level at 2340.
๐ฏMy goal is the support around 2301
๐New forecast
The price perfectly fulfilled my last idea.๐ XAUUSD has rebounded off its๐ key support level and is now making its way towards the resistance zone. Considering the significance of today's news events,๐ I think it's likely that the market will retest this resistance before potentially pulling back down.โคต๏ธ
It's possible that the price may enter ๐ a consolidation phase between 2300-2330 again before a clear trend emerges.๐ I expect the market to move sideways ๐ for a bit, as we've seen every time the price bounces off this key support level - it tends toโ๏ธ consolidate for a while. However, if the resistance fails to hold, we could see the price surge โก๏ธ higher towards the next resistance level at 2340.
๐ฏMy goal is the support around 2301
Lingrid Forex Signals
#GOLD ๐New forecast The price perfectly fulfilled my last idea.๐ XAUUSD has rebounded off its๐ key support level and is now making its way towards the resistance zone. Considering the significance of today's news events,๐ I think it's likely that theโฆ
#GOLD
๐UPDATE
GOLD has broken out of๐ป its upward channel and pulled back to retest it. Prior to that, the market was range-bound, before breaking through the support levels๐ and gaining a strong๐ป bearish momentum. The price has been repeatedly rejected from the resistance zone around 2330-2335, resulting in fakeouts and๐ long-tailed bars.
Given this price action, ๐ I expect the market to retest the support level from the channel border and downward trendline, as the formation of a ใฝ๏ธ double top and bearish divergence is a bearish sign. โ
๐ฏMy goal is to support level at 2310
๐UPDATE
GOLD has broken out of๐ป its upward channel and pulled back to retest it. Prior to that, the market was range-bound, before breaking through the support levels๐ and gaining a strong๐ป bearish momentum. The price has been repeatedly rejected from the resistance zone around 2330-2335, resulting in fakeouts and๐ long-tailed bars.
Given this price action, ๐ I expect the market to retest the support level from the channel border and downward trendline, as the formation of a ใฝ๏ธ double top and bearish divergence is a bearish sign. โ
๐ฏMy goal is to support level at 2310
Lingrid Forex Signals
โ๏ธReady to MAKE GOLD PROFIT๐คฉ GOLD prices initially dipped but then rebounded, with attention focused on the ๐2300 level. "Short-term pullbacks are likely to attract buyers, potentially pushing prices to 2,400 or even 2,450" The month of June came to a closeโฆ
#GOLD
๐UPDATE
Gold market appears to be ๐ฟ forming an inverse head and shoulders pattern. With the recent break and close above the trendline that previously acted as both support and resistance,๐ the market is now testing the 2330 level, which could potentially be broken. ๐
In my opinion, ๐ง the ideal scenario would be a pullback to the broken trendline level, โคต๏ธ followed by the completion of the inverse head and shoulders pattern. I also think there's a possibility that the price may move sideways๐ฐ until tomorrow, given the high-impact news event scheduled for tomorrow. ๐ I'm expecting the price to retest the resistance zone at 2350-2352 .
๐ฏMy goal is the resistance zone around 2350.
๐UPDATE
Gold market appears to be ๐ฟ forming an inverse head and shoulders pattern. With the recent break and close above the trendline that previously acted as both support and resistance,๐ the market is now testing the 2330 level, which could potentially be broken. ๐
In my opinion, ๐ง the ideal scenario would be a pullback to the broken trendline level, โคต๏ธ followed by the completion of the inverse head and shoulders pattern. I also think there's a possibility that the price may move sideways๐ฐ until tomorrow, given the high-impact news event scheduled for tomorrow. ๐ I'm expecting the price to retest the resistance zone at 2350-2352 .
๐ฏMy goal is the resistance zone around 2350.
Lingrid Forex Signals
#GOLD ๐UPDATE Gold market appears to be ๐ฟ forming an inverse head and shoulders pattern. With the recent break and close above the trendline that previously acted as both support and resistance,๐ the market is now testing the 2330 level, which could potentiallyโฆ
#GOLD
๐UPDATE
Upon examining the gold chart, it's evident that the market is anticipating ๐ฆ Fed Chair Powell's remarks. Given the current range-bound environment,๐ง we could potentially see a fake breakout either upwards or downwards,๐ which could ultimately drive the price in a significant direction.
๐ On the daily timeframe, we're seeing three consecutive small candles that ๐ suggest indecision in the market. I believe the market may still push higher to complete the large triangle formation.๐ฉ Notably, the recent bounce off the bottom of the pattern has set us up for a retest of the top.
๐ฏMy goal is the resistance zone around 2350.
๐UPDATE
Upon examining the gold chart, it's evident that the market is anticipating ๐ฆ Fed Chair Powell's remarks. Given the current range-bound environment,๐ง we could potentially see a fake breakout either upwards or downwards,๐ which could ultimately drive the price in a significant direction.
๐ On the daily timeframe, we're seeing three consecutive small candles that ๐ suggest indecision in the market. I believe the market may still push higher to complete the large triangle formation.๐ฉ Notably, the recent bounce off the bottom of the pattern has set us up for a retest of the top.
๐ฏMy goal is the resistance zone around 2350.
#GOLD
๐New forecast
The price perfectly fulfilled my last idea.๐ It hit the TP.
XAUUSD is currently testing ๐ 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.๐ฟ Given that the market has closed above the strong support at 2330, I believe it may retest theโคต๏ธ midpoint of the range zone, which aligns with the neckline of the H&S pattern.โ๏ธ
However, there is still a possibility๐ that the price could drop to a lower level, as it has already completed a test of the top of the ๐ triangle formation I mentioned yesterday. In any case, I'm looking for๐ the price to test the support level and bounce back, which would provide a buy โ confirmation.
๐ฏMy target is the resistance zone around 2379.
โโโโโโโโโ
My past forecasts on GOLD ๐ฉโ๐ป
โ1GOLD+450pโ
โ2GOLD+219pโ
โ3GOLD+364pโ
โ4GOLD -137pโ
โ5GOLD+470pโ
โ6GOLD-142pโ
โ7GOLD+293pโ
๐New forecast
The price perfectly fulfilled my last idea.๐ It hit the TP.
XAUUSD is currently testing ๐ 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.๐ฟ Given that the market has closed above the strong support at 2330, I believe it may retest theโคต๏ธ midpoint of the range zone, which aligns with the neckline of the H&S pattern.โ๏ธ
However, there is still a possibility๐ that the price could drop to a lower level, as it has already completed a test of the top of the ๐ triangle formation I mentioned yesterday. In any case, I'm looking for๐ the price to test the support level and bounce back, which would provide a buy โ confirmation.
๐ฏMy target is the resistance zone around 2379.
โโโโโโโโโ
My past forecasts on GOLD ๐ฉโ๐ป
โ1GOLD+450pโ
โ2GOLD+219pโ
โ3GOLD+364pโ
โ4GOLD -137pโ
โ5GOLD+470pโ
โ6GOLD-142pโ
โ7GOLD+293pโ
Lingrid Forex Signals
#GOLD ๐New forecast The price perfectly fulfilled my last idea.๐ It hit the TP. XAUUSD is currently testing ๐ 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.๐ฟ Givenโฆ
#GOLD
๐UPDATE
The gold market has broken โก๏ธ out of its consolidation zone and is currently ๐ moving sideways, following an impulsive leg that suggests a correction may be possible.โคต๏ธ Given the significant takeoff we've seen, I expect the market to pull back to the range zone,ใฝ๏ธ as the price has broken out of this zone below,
it's likely to retest the broken level before making a move upwards.โ๏ธ If the market does retest the support area between 2335 and 2340 ๐ and rejects it, we can ๐ look for buying confirmation and consider taking a long position.
๐ฏMy goal is the resistance zone around 2377.
โโโโโโโโโ
My past forecasts on GOLD ๐ฉโ๐ป
โ1GOLD+450pโ
โ2GOLD+219pโ
โ3GOLD+364pโ
โ4GOLD -137pโ
โ5GOLD+470pโ
โ6GOLD-142pโ
โ7GOLD+293pโ
๐UPDATE
The gold market has broken โก๏ธ out of its consolidation zone and is currently ๐ moving sideways, following an impulsive leg that suggests a correction may be possible.โคต๏ธ Given the significant takeoff we've seen, I expect the market to pull back to the range zone,ใฝ๏ธ as the price has broken out of this zone below,
it's likely to retest the broken level before making a move upwards.โ๏ธ If the market does retest the support area between 2335 and 2340 ๐ and rejects it, we can ๐ look for buying confirmation and consider taking a long position.
๐ฏMy goal is the resistance zone around 2377.
โโโโโโโโโ
My past forecasts on GOLD ๐ฉโ๐ป
โ1GOLD+450pโ
โ2GOLD+219pโ
โ3GOLD+364pโ
โ4GOLD -137pโ
โ5GOLD+470pโ
โ6GOLD-142pโ
โ7GOLD+293pโ
Lingrid Forex Signals
#GOLD ๐New forecast The price perfectly fulfilled my last idea.๐ It hit the TP. XAUUSD is currently testing ๐ 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.๐ฟ Givenโฆ
#GOLD
๐UPDATE
๐ง Notice how the market responded to the ๐ previous lower high at 2365; the lack of an impulsive from this level suggests that it may react by ๐ moving upward following the upcoming NFP.๐ Since yesterday, the price has been range-bound,๐ indicating a potential breakout above.
However, โ๏ธ it's also possible that we'll see a short-lived ๐ป spike downward. Overall, I'm expecting a ๐bullish breakout above the previous lower high and a retest of the resistance above. โ๏ธ
๐ฏMy goal is the resistance zone around 2379.
โโโโโโโโโ
My past forecasts on GOLD ๐ฉโ๐ป
โ1GOLD+450pโ
โ2GOLD+219pโ
โ3GOLD+364pโ
โ4GOLD -137pโ
โ5GOLD+470pโ
โ6GOLD-142pโ
โ7GOLD+293pโ
๐UPDATE
๐ง Notice how the market responded to the ๐ previous lower high at 2365; the lack of an impulsive from this level suggests that it may react by ๐ moving upward following the upcoming NFP.๐ Since yesterday, the price has been range-bound,๐ indicating a potential breakout above.
However, โ๏ธ it's also possible that we'll see a short-lived ๐ป spike downward. Overall, I'm expecting a ๐bullish breakout above the previous lower high and a retest of the resistance above. โ๏ธ
๐ฏMy goal is the resistance zone around 2379.
โโโโโโโโโ
My past forecasts on GOLD ๐ฉโ๐ป
โ1GOLD+450pโ
โ2GOLD+219pโ
โ3GOLD+364pโ
โ4GOLD -137pโ
โ5GOLD+470pโ
โ6GOLD-142pโ
โ7GOLD+293pโ
#GOLD
๐New forecast
The price perfectly fulfilled my last idea.๐ XAUUSD has made consecutive higher highs on the 4H chart, and the market has tested its ๐ previous high, only to pull back and form a fake breakout. This development is cause for some concern,๐ง but it's reassuring that we didn't see a ๐ 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 ๐ a trend continuation pattern at the support zone before breaking and closing above it. โ๏ธ If the price can break through resistance, it's likely to propel gold to next resistanace levels above. However, if it continues lower, ๐ป we can anticipate the price testing the 2350 support level and possibly the channel border. ใฝ๏ธ
๐ฏMy goal is resistance zone at 2415.
โโโโโโโโโ
My past forecasts on GOLD ๐ฉโ๐ป
โ1GOLD+450pโ
โ2GOLD+219pโ
โ3GOLD+364pโ
โ4GOLD -137pโ
โ5GOLD+470pโ
โ6GOLD-142pโ
โ7GOLD+293pโ
โ8GOLD+275pโ
๐New forecast
The price perfectly fulfilled my last idea.๐ XAUUSD has made consecutive higher highs on the 4H chart, and the market has tested its ๐ previous high, only to pull back and form a fake breakout. This development is cause for some concern,๐ง but it's reassuring that we didn't see a ๐ 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 ๐ a trend continuation pattern at the support zone before breaking and closing above it. โ๏ธ If the price can break through resistance, it's likely to propel gold to next resistanace levels above. However, if it continues lower, ๐ป we can anticipate the price testing the 2350 support level and possibly the channel border. ใฝ๏ธ
๐ฏMy goal is resistance zone at 2415.
โโโโโโโโโ
My past forecasts on GOLD ๐ฉโ๐ป
โ1GOLD+450pโ
โ2GOLD+219pโ
โ3GOLD+364pโ
โ4GOLD -137pโ
โ5GOLD+470pโ
โ6GOLD-142pโ
โ7GOLD+293pโ
โ8GOLD+275pโ
Lingrid Forex Signals
#GOLD ๐New forecast The price perfectly fulfilled my last idea.๐ XAUUSD has made consecutive higher highs on the 4H chart, and the market has tested its ๐ previous high, only to pull back and form a fake breakout. This development is cause for some concernโฆ
#GOLD
๐UPDATE
As mentioned yesterday,๐ง the market has pulled back to the channel border, with the current price near the previous daily low ๐ and key level at 2350. I believe the market may consolidate ๐ within the 2368-2350 range before deciding on its next move.
If it breaks through this zone,๐ it could potentially continue the current trend. ๐ฐ With Fed Chair Powell's Testify upcoming, it's likely to bring increased volatility to the market.โก๏ธ However, if the market makes a fake breakout at 2350, it's likely that it will retest the recent resistance zones above. โคด๏ธ
๐ฏMy goal is the resistance zone around 2390
โโโโโโโโโ
My past forecasts on GOLD ๐ฉโ๐ป
โ1GOLD+450pโ
โ2GOLD+219pโ
โ3GOLD+364pโ
โ4GOLD -137pโ
โ5GOLD+470pโ
โ6GOLD-142pโ
โ7GOLD+293pโ
โ8GOLD+275pโ
๐UPDATE
As mentioned yesterday,๐ง the market has pulled back to the channel border, with the current price near the previous daily low ๐ and key level at 2350. I believe the market may consolidate ๐ within the 2368-2350 range before deciding on its next move.
If it breaks through this zone,๐ it could potentially continue the current trend. ๐ฐ With Fed Chair Powell's Testify upcoming, it's likely to bring increased volatility to the market.โก๏ธ However, if the market makes a fake breakout at 2350, it's likely that it will retest the recent resistance zones above. โคด๏ธ
๐ฏMy goal is the resistance zone around 2390
โโโโโโโโโ
My past forecasts on GOLD ๐ฉโ๐ป
โ1GOLD+450pโ
โ2GOLD+219pโ
โ3GOLD+364pโ
โ4GOLD -137pโ
โ5GOLD+470pโ
โ6GOLD-142pโ
โ7GOLD+293pโ
โ8GOLD+275pโ
Lingrid Forex Signals
#GOLD ๐New forecast The price perfectly fulfilled my last idea.๐ XAUUSD has made consecutive higher highs on the 4H chart, and the market has tested its ๐ previous high, only to pull back and form a fake breakout. This development is cause for some concernโฆ
#GOLD
๐UPDATE
The price perfectly fulfills my last idea.๐ The market bounced off the entry zone and โก๏ธ rallied higher, after the equal lows formation.โคด๏ธ I believe the market may be creating some box in anticipation of the upcoming news.๐
๐ The market broke and closed above๐ the recent high at 2370, therefore I think the market might continue to push upwards.โ๏ธ However, if the price pulls back to the support level around 2360, it would present an opportunity to enter long again. โณ๏ธ
๐ฏMy goal is resistance zone at 2385
โโโโโโโโโ
My past forecasts on GOLD ๐ฉโ๐ป
โ1GOLD+450pโ
โ2GOLD+219pโ
โ3GOLD+364pโ
โ4GOLD -137pโ
โ5GOLD+470pโ
โ6GOLD-142pโ
โ7GOLD+293pโ
โ8GOLD+275pโ
๐UPDATE
The price perfectly fulfills my last idea.๐ The market bounced off the entry zone and โก๏ธ rallied higher, after the equal lows formation.โคด๏ธ I believe the market may be creating some box in anticipation of the upcoming news.๐
๐ The market broke and closed above๐ the recent high at 2370, therefore I think the market might continue to push upwards.โ๏ธ However, if the price pulls back to the support level around 2360, it would present an opportunity to enter long again. โณ๏ธ
๐ฏMy goal is resistance zone at 2385
โโโโโโโโโ
My past forecasts on GOLD ๐ฉโ๐ป
โ1GOLD+450pโ
โ2GOLD+219pโ
โ3GOLD+364pโ
โ4GOLD -137pโ
โ5GOLD+470pโ
โ6GOLD-142pโ
โ7GOLD+293pโ
โ8GOLD+275pโ
#GOLD
๐New forecast
The price perfectly fulfilled my last idea.๐ It hit the TP. XAUUSD is currently testing the previous resistant zone. The market has already โคด๏ธ broken out above the ๐ช 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,๐ฐ which could potentially push the ๐ market lower or higher.
However, if the news๐ comes out favorably for bulls, I believe the market could break through the previous resistance and ๐ psychological level above 2400. ๐ Overall I'm looking for the price to test the support level and bounce back, which gives us a buying opportunity.๐ข
๐ฏMy target is the resistance zone around 2405
โโโโโโโโโ
My past forecasts on GOLD ๐ฉโ๐ป
โ1GOLD+450pโ
โ2GOLD+219pโ
โ3GOLD+364pโ
โ4GOLD -137pโ
โ5GOLD+470pโ
โ6GOLD-142pโ
โ7GOLD+293pโ
โ8GOLD+275pโ
โ9GOLD+350pโ
๐New forecast
The price perfectly fulfilled my last idea.๐ It hit the TP. XAUUSD is currently testing the previous resistant zone. The market has already โคด๏ธ broken out above the ๐ช 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,๐ฐ which could potentially push the ๐ market lower or higher.
However, if the news๐ comes out favorably for bulls, I believe the market could break through the previous resistance and ๐ psychological level above 2400. ๐ Overall I'm looking for the price to test the support level and bounce back, which gives us a buying opportunity.๐ข
๐ฏMy target is the resistance zone around 2405
โโโโโโโโโ
My past forecasts on GOLD ๐ฉโ๐ป
โ1GOLD+450pโ
โ2GOLD+219pโ
โ3GOLD+364pโ
โ4GOLD -137pโ
โ5GOLD+470pโ
โ6GOLD-142pโ
โ7GOLD+293pโ
โ8GOLD+275pโ
โ9GOLD+350pโ
#GOLD
๐New forecast
The price perfectly fulfilled my last idea.๐After breaking out and closing above the ๐ psychological level, XAUUSD is now pulling back. The price has been making higher highs and higher lows, ๐ indicating an uptrend. As it approaches the key support level at 2400, which was previously broken with a large bullish candle, ๐ I'm looking for a reaction to this zone.
If the price rejects this support level, it could โก๏ธ trigger a significant upward move. However, we have high-impact news ๐ฐ 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 toโ๏ธ retest the support level before resuming its upward trajectory.
๐ฏMy goal is the resistance zone at 2426.
โโโโโโโโโ
My past forecasts on GOLD ๐ฉโ๐ป
โ1GOLD+450pโ
โ2GOLD+219pโ
โ3GOLD+364pโ
โ4GOLD -137pโ
โ5GOLD+470pโ
โ6GOLD-142pโ
โ7GOLD+293pโ
โ8GOLD+275pโ
โ9GOLD+350pโ
โ10GOLD+240pโ
๐New forecast
The price perfectly fulfilled my last idea.๐After breaking out and closing above the ๐ psychological level, XAUUSD is now pulling back. The price has been making higher highs and higher lows, ๐ indicating an uptrend. As it approaches the key support level at 2400, which was previously broken with a large bullish candle, ๐ I'm looking for a reaction to this zone.
If the price rejects this support level, it could โก๏ธ trigger a significant upward move. However, we have high-impact news ๐ฐ 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 toโ๏ธ retest the support level before resuming its upward trajectory.
๐ฏMy goal is the resistance zone at 2426.
โโโโโโโโโ
My past forecasts on GOLD ๐ฉโ๐ป
โ1GOLD+450pโ
โ2GOLD+219pโ
โ3GOLD+364pโ
โ4GOLD -137pโ
โ5GOLD+470pโ
โ6GOLD-142pโ
โ7GOLD+293pโ
โ8GOLD+275pโ
โ9GOLD+350pโ
โ10GOLD+240pโ
#GOLD
๐New forecast
The gold price has reached its ๐ previous resistance zone and is currently ๐ trading sideways on the 1H timeframe. Given this development, it's likely that the price action will form a triangle pattern,๐ฉ which is a trend continuation pattern. With no high-impact news on the horizon now,๐ I expect the market to continue consolidating until New York session. ๐บ๐ธ
๐ If the market moves down to the support levels, I anticipate a bounce off โคด๏ธ the upward trendline and the support zone between 2390-2400. ๐ This could potentially trigger a ๐ bullish move tomorrow if the price action confirms a buy signal. ๐น
๐ฏMy goal is resistance zone at 2440.
โโโโโโโโโ
My past forecasts on GOLD ๐ฉโ๐ป
โ1GOLD+450pโ
โ2GOLD+219pโ
โ3GOLD+364pโ
โ4GOLD -137pโ
โ5GOLD+470pโ
โ6GOLD-142pโ
โ7GOLD+293pโ
โ8GOLD+275pโ
โ9GOLD+350pโ
โ10GOLD+240pโ
๐New forecast
The gold price has reached its ๐ previous resistance zone and is currently ๐ trading sideways on the 1H timeframe. Given this development, it's likely that the price action will form a triangle pattern,๐ฉ which is a trend continuation pattern. With no high-impact news on the horizon now,๐ I expect the market to continue consolidating until New York session. ๐บ๐ธ
๐ If the market moves down to the support levels, I anticipate a bounce off โคด๏ธ the upward trendline and the support zone between 2390-2400. ๐ This could potentially trigger a ๐ bullish move tomorrow if the price action confirms a buy signal. ๐น
๐ฏMy goal is resistance zone at 2440.
โโโโโโโโโ
My past forecasts on GOLD ๐ฉโ๐ป
โ1GOLD+450pโ
โ2GOLD+219pโ
โ3GOLD+364pโ
โ4GOLD -137pโ
โ5GOLD+470pโ
โ6GOLD-142pโ
โ7GOLD+293pโ
โ8GOLD+275pโ
โ9GOLD+350pโ
โ10GOLD+240pโ
#GOLD
๐New forecast
The price perfectly fulfilled my previous idea.๐ It hit the TP. XAUUSD market has broken out above the trendline, but a bearish divergence๐ป at the resistance level suggests that a correction may occur. With the market approaching the strong ๐ช resistance at 2450, I anticipate a short-term pullback, particularly after the news release in the NY session. ๐บ๐ธ
Since the price has broken out of the ๐ range zone below, it's likely to retest the broken level before making a move upwards if ๐ฐ high impact news pushes the โคต๏ธ price to lower levels. However, if the market rejects the support area between 2420 and 2410 on retest, we can look for buying confirmation. ๐น
๐ฏMy goal is the resistance zone around 2470.
โโโโโโโโโ
My past forecasts on GOLD ๐ฉโ๐ป
โ1GOLD+450pโ
โ2GOLD+219pโ
โ3GOLD+364pโ
โ4GOLD -137pโ
โ5GOLD+470pโ
โ6GOLD-142pโ
โ7GOLD+293pโ
โ8GOLD+275pโ
โ9GOLD+350pโ
โ10GOLD+240pโ
โ11GOLD+345pโ
โ12GOLD+352pโ
๐New forecast
The price perfectly fulfilled my previous idea.๐ It hit the TP. XAUUSD market has broken out above the trendline, but a bearish divergence๐ป at the resistance level suggests that a correction may occur. With the market approaching the strong ๐ช resistance at 2450, I anticipate a short-term pullback, particularly after the news release in the NY session. ๐บ๐ธ
Since the price has broken out of the ๐ range zone below, it's likely to retest the broken level before making a move upwards if ๐ฐ high impact news pushes the โคต๏ธ price to lower levels. However, if the market rejects the support area between 2420 and 2410 on retest, we can look for buying confirmation. ๐น
๐ฏMy goal is the resistance zone around 2470.
โโโโโโโโโ
My past forecasts on GOLD ๐ฉโ๐ป
โ1GOLD+450pโ
โ2GOLD+219pโ
โ3GOLD+364pโ
โ4GOLD -137pโ
โ5GOLD+470pโ
โ6GOLD-142pโ
โ7GOLD+293pโ
โ8GOLD+275pโ
โ9GOLD+350pโ
โ10GOLD+240pโ
โ11GOLD+345pโ
โ12GOLD+352pโ
#GOLD
๐New forecast
The price perfectly fulfilled my previous idea.๐ It hit the target level. The market has โก๏ธ continued to rally, breaking through a strong resistance zone that has since become a support level, resulting in higher highs and higher closes. Yesterday's daily candle was ๐ extremely bullish, and any retracement within the daily range presents an opportunity to buy.๐น
As the price approaches ๐ the 2500 level, we may see a sharp decline ๐ป around this zone, which warrants caution. I expect the price to pull back โคต๏ธ to the broken level before resuming its upward trajectory ๐
๐ฏMy target is resistace level at 2495.
โโโโโโโโโ
My past forecasts on GOLD ๐ฉโ๐ป
โ1GOLD+450pโ
โ2GOLD+219pโ
โ3GOLD+364pโ
โ4GOLD -137pโ
โ5GOLD+470pโ
โ6GOLD-142pโ
โ7GOLD+293pโ
โ8GOLD+275pโ
โ9GOLD+350pโ
โ10GOLD+240pโ
โ11GOLD+345pโ
โ12GOLD+352pโ
โ13GOLD+360pโ
๐New forecast
The price perfectly fulfilled my previous idea.๐ It hit the target level. The market has โก๏ธ continued to rally, breaking through a strong resistance zone that has since become a support level, resulting in higher highs and higher closes. Yesterday's daily candle was ๐ extremely bullish, and any retracement within the daily range presents an opportunity to buy.๐น
As the price approaches ๐ the 2500 level, we may see a sharp decline ๐ป around this zone, which warrants caution. I expect the price to pull back โคต๏ธ to the broken level before resuming its upward trajectory ๐
๐ฏMy target is resistace level at 2495.
โโโโโโโโโ
My past forecasts on GOLD ๐ฉโ๐ป
โ1GOLD+450pโ
โ2GOLD+219pโ
โ3GOLD+364pโ
โ4GOLD -137pโ
โ5GOLD+470pโ
โ6GOLD-142pโ
โ7GOLD+293pโ
โ8GOLD+275pโ
โ9GOLD+350pโ
โ10GOLD+240pโ
โ11GOLD+345pโ
โ12GOLD+352pโ
โ13GOLD+360pโ
Lingrid Forex Signals
#GOLD ๐New forecast The price perfectly fulfilled my previous idea.๐ It hit the target level. The market has โก๏ธ continued to rally, breaking through a strong resistance zone that has since become a support level, resulting in higher highs and higher closes.โฆ
#GOLD
๐UPDATE
The market's upward momentum ๐ appears to be losing steam, ๐ฎโ๐จ as the recent upward move has been relatively weak. As you can see, the XAUUSD has bounced off the upward trendline ใฝ๏ธ after forming an equal high, indicating a potential pause or even reversal. I think it's possible that the market will create a complex pullback๐ towards the lower border of the channel.
๐ง If the bulls take liquidity below the 2450 key level,๐ช they may then push up towards the strong resistance at 2500. Another possible scenario is that the market forms a triangle pattern.๐ Overall I expect a fake breakout of the ๐ previous day's low, followed by a steady upward move if the upcoming news release ๐ does not change the market direction in the short-term.
๐ฏMy target is resistance at 2492
โโโโโโโโโ
My past forecasts on GOLD ๐ฉโ๐ป
โ1GOLD+450pโ
โ2GOLD+219pโ
โ3GOLD+364pโ
โ4GOLD -137pโ
โ5GOLD+470pโ
โ6GOLD-142pโ
โ7GOLD+293pโ
โ8GOLD+275pโ
โ9GOLD+350pโ
โ10GOLD+240pโ
โ11GOLD+345pโ
โ12GOLD+352pโ
โ13GOLD+360pโ
๐UPDATE
The market's upward momentum ๐ appears to be losing steam, ๐ฎโ๐จ as the recent upward move has been relatively weak. As you can see, the XAUUSD has bounced off the upward trendline ใฝ๏ธ after forming an equal high, indicating a potential pause or even reversal. I think it's possible that the market will create a complex pullback๐ towards the lower border of the channel.
๐ง If the bulls take liquidity below the 2450 key level,๐ช they may then push up towards the strong resistance at 2500. Another possible scenario is that the market forms a triangle pattern.๐ Overall I expect a fake breakout of the ๐ previous day's low, followed by a steady upward move if the upcoming news release ๐ does not change the market direction in the short-term.
๐ฏMy target is resistance at 2492
โโโโโโโโโ
My past forecasts on GOLD ๐ฉโ๐ป
โ1GOLD+450pโ
โ2GOLD+219pโ
โ3GOLD+364pโ
โ4GOLD -137pโ
โ5GOLD+470pโ
โ6GOLD-142pโ
โ7GOLD+293pโ
โ8GOLD+275pโ
โ9GOLD+350pโ
โ10GOLD+240pโ
โ11GOLD+345pโ
โ12GOLD+352pโ
โ13GOLD+360pโ
#GOLD
๐New forecast
Yesterday's news release ๐ป triggered a decline in the price during the ๐บ๐ธ New York session, suggesting it may take some time for the price to reach the 2500 level. The market has already pulled back by one-third ๐ of its initial bullish rally, and I believe it may be entering a consolidation phase,๐ potentially forming a trend continuation pattern such as a triangle. ๐ฉ
The support zone between 2400-2410 ๐ could present an opportunity for traders who missed the initial bullish rally to go long ๐น if the price action presents โ๏ธ bullish signal. I expect a retest of the resistance zone at 2450 from this support level as the price is losing ๐ป bearish momentum. However, if the market continues to decline, the next significant support level would be at 2380.
๐ฏMy target is resistance zone at 2449.
โโโโโโโโโ
My past forecasts on GOLD ๐ฉโ๐ป
โ1GOLD+470pโ
โ2GOLD -142pโ
โ3GOLD+293pโ
โ4GOLD+275pโ
โ5GOLD+350pโ
โ6GOLD+240pโ
โ7GOLD+345pโ
โ8GOLD+352pโ
โ9GOLD+360pโ
โ10GOLD-113pโ
๐New forecast
Yesterday's news release ๐ป triggered a decline in the price during the ๐บ๐ธ New York session, suggesting it may take some time for the price to reach the 2500 level. The market has already pulled back by one-third ๐ of its initial bullish rally, and I believe it may be entering a consolidation phase,๐ potentially forming a trend continuation pattern such as a triangle. ๐ฉ
The support zone between 2400-2410 ๐ could present an opportunity for traders who missed the initial bullish rally to go long ๐น if the price action presents โ๏ธ bullish signal. I expect a retest of the resistance zone at 2450 from this support level as the price is losing ๐ป bearish momentum. However, if the market continues to decline, the next significant support level would be at 2380.
๐ฏMy target is resistance zone at 2449.
โโโโโโโโโ
My past forecasts on GOLD ๐ฉโ๐ป
โ1GOLD+470pโ
โ2GOLD -142pโ
โ3GOLD+293pโ
โ4GOLD+275pโ
โ5GOLD+350pโ
โ6GOLD+240pโ
โ7GOLD+345pโ
โ8GOLD+352pโ
โ9GOLD+360pโ
โ10GOLD-113pโ
#GOLD
๐New forecast
The gold market opened with a gap โก๏ธ and is currently trading sideways, which may continue for a few days. On the 1H timeframe, the price action is๐ range-bound, indicating indecision in the market. A good opportunity to buy would be a false breakout of the previous๐ท๏ธ week's low with bullish divergence.๐
๐ง My expectation is that the price may initially move below the 2400 support level,๐ allowing for a better entry point. However, if the price makes an impulsive move ๐ upwards, it would suggest that the bulls have taken control, and we could look for a โคต๏ธ pullback to enter the market in anticipaton of the retest of the 2450 resistance.
๐ฏMy target is resistance zone at 2430
โโโโโโโโโ
My past forecasts on GOLD ๐ฉโ๐ป
โ1GOLD+470pโ
โ2GOLD -142pโ
โ3GOLD+293pโ
โ4GOLD+275pโ
โ5GOLD+350pโ
โ6GOLD+240pโ
โ7GOLD+345pโ
โ8GOLD+352pโ
โ9GOLD+360pโ
โ10GOLD-113pโ
๐New forecast
The gold market opened with a gap โก๏ธ and is currently trading sideways, which may continue for a few days. On the 1H timeframe, the price action is๐ range-bound, indicating indecision in the market. A good opportunity to buy would be a false breakout of the previous๐ท๏ธ week's low with bullish divergence.๐
๐ง My expectation is that the price may initially move below the 2400 support level,๐ allowing for a better entry point. However, if the price makes an impulsive move ๐ upwards, it would suggest that the bulls have taken control, and we could look for a โคต๏ธ pullback to enter the market in anticipaton of the retest of the 2450 resistance.
๐ฏMy target is resistance zone at 2430
โโโโโโโโโ
My past forecasts on GOLD ๐ฉโ๐ป
โ1GOLD+470pโ
โ2GOLD -142pโ
โ3GOLD+293pโ
โ4GOLD+275pโ
โ5GOLD+350pโ
โ6GOLD+240pโ
โ7GOLD+345pโ
โ8GOLD+352pโ
โ9GOLD+360pโ
โ10GOLD-113pโ