#GOLD
👉New forecast
The price perfectly fulfilled my last idea.📌 After the market broke through the resistance level, it made an impulsive move downward.⚡️ XAUUSD closed below the significant level of 2330 suggests a continued range-bound market until the New York session.🇺🇸 However, if the price pulls back from the resistance zone and the upward trendline, I expect a potential selling opportunity. 🔻

This is because the price has ⤵️ repeatedly bounced off this level in the last days, and the recent big bearish candle that broke through📉 it is a clear indication of its importance. In this scenario, I anticipate the price to retest the ❗️ equal lows.

🎯My goal is the previous support level at 2315.000
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My past forecasts on GOLD 👩‍💻
№1GOLD+410p✅
№2GOLD+292p✅
№3GOLD+231p✅

#GOLD
👉New forecast
Yesterday's release of high 🔴 impact news sparked a surge in the XAUUSD market, propelling it above the crucial resistance zone at 2350 and out of the compression channel.⏫ This break also cleared the previous week's high. I think, the ideal scenario would be a ⤵️ retracement to the broken trendline level, setting the stage for a continued upward movement. 📈

I expect a pullback towards🔑 the 2350 key level, where we can assess the situation and look for confirmation of a buying opportunity 📊 before targeting the round number at 2390.

🎯My goal is the resistance zone around 2382.
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My past forecasts on GOLD 👩‍💻
№1GOLD+410p✅
№2GOLD+292p✅
№3GOLD+231p✅
№4GOLD - 75p❌

#GOLD
👉New forecast
The price perfectly fulfilled my last idea.🎯 It hit the target.
XAUUSD has made a⤵️ pullback to the support level, currently testing the previous daily low and 🔑 key level at 2350. I believe the market may consolidate within the 2400-2350 range, and potentially 📈 continuing the current trend as it has ⚡️ broken out of the range zone.

The price is rolling back to retest the pattern,⏬ and I expect a retest of the recent 📈 resistance zone if the market bounces off the support level. If the market breaks and closes below the support level,🔻 it would likely be a return back into the 📊 range zone.

🎯My goal is the resistance zone around 2378.
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My past forecasts on GOLD 👩‍💻
№1GOLD+410p✅
№2GOLD+292p✅
№3GOLD+231p✅
№4GOLD - 75p❌
№5GOLD+271p✅

#GOLD
👉New forecast
The market took a nosedive for after the NFP data🗞 broke through the upward channel. The surge in liquidity propelled the price above the range zone📉, resulting in a lower low. Friday's close was marked by a massive bearish candle,🐻 signaling a significant shift in market sentiment. On the weekly chart, a bearish 📍 long-tailed bar formed, hinting at a potential move down to 2200.

Given the double bottom〽️ formation on the 1H chart, I believe the market might retest the resistance ⤴️ and channel border before making a move down to recent support levels.📊 From there, it's likely to break through 🔑 the key previous month's low, potentially triggering a further decline. I expect the price to continue moving lower, potentially testing April lows.🈷️

🎯My goal is the support level at around 2255
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My past forecasts on GOLD 👩‍💻
№1GOLD+410p✅
№2GOLD+292p✅
№3GOLD+231p✅
№4GOLD - 75p❌
№5GOLD+271p✅
№6GOLD - 93p❌

#GOLD
👉UPDATE
The market appears to be losing 😮‍💨 its bearish momentum, a common phenomenon following an intense impulse move that's often followed by a 🐌 period of consolidation. On the 1H chart, the price has formed a double bottom pattern, followed by an upward pullback. ⤴️

I believe the market is currently in the midst of a two-legged pullback,📈 which is typical after a significant volatile movement. Based on this, I expect the pullback 🧲 to reach the resistance zone, which has been tested numerous times before.❗️ If this zone holds, it's likely that the market will then make a bearish move🐻 towards the previous month's low.

🎯My goal is the support the level at 2280.
➖➖➖➖➖➖➖➖➖
My past forecasts on GOLD 👩‍💻
№1GOLD+410p✅
№2GOLD+292p✅
№3GOLD+231p✅
№4GOLD - 75p❌
№5GOLD+271p✅
№6GOLD - 93p❌

#GOLD
👉UPDATE
Today's economic calendar 🗓 is packed with high-impact news, ❗️ setting the stage for a potentially volatile market. The overall sentiment is leaning bearish.🐻 On the 4H chart, the market broke and closed below the upward trendline that has supported price since 🈷️ the beginning of April. This breakdown is a significant development, and I believe it could be a trigger of a downward move. 〽️

Meanwhile, the 💲 DXY has broken the structure resistance and is looking quite bullish, 🐃 which could be a factor in the market's direction. I'm expecting to see a spike up followed by a drop,⤵️ so traders should be prepared for a potentially volatile trading session and stay.

🎯My goal is the support level at around 2270
➖➖➖➖➖➖➖➖➖
My past forecasts on GOLD 👩‍💻
№1GOLD+410p✅
№2GOLD+292p✅
№3GOLD+231p✅
№4GOLD - 75p❌
№5GOLD+271p✅
№6GOLD - 93p❌

#GOLD
👉New forecast
The price perfectly fulfilled my last idea.📌 It bounced off the entry zone. XAUUSD is heading towards the support levels after forming a clear double top pattern.〽️ The price has already tested the 50% level of the previous Friday's range, indicating a potential reversal. 📉

On the daily chart,📊 we see a long-tailed candle that suggests a liquidity grab 🪝 above the key level of 2330, but the price failed to close above this resistance. Moreover, the market has broken out of the ascending channel,💣 which is pullback against 🐻 bearish move. I expect it to continue moving downwards.

🎯My goal is the support level of around 2290.
➖➖➖➖➖➖➖➖➖
My past forecasts on GOLD 👩‍💻
№1GOLD+410p✅
№2GOLD+292p✅
№3GOLD+231p✅
№4GOLD - 75p❌
№5GOLD+271p✅
№6GOLD - 93p❌

#GOLD
👉New forecast
The price perfectly fulfilled my last idea.📌 It reached the target zone. After the market broke through the critical level at 2330,🗝 it plunged downward. XAUUSD close below this level suggests a prolonged range-bound market🔀 is likely to persist. However, if the price experiences a pullback toward the ⤴️ top of the range zone,

I anticipate a potential selling opportunity🔻 because the price has 🔃 repeatedly bounced off this level before, and the recent large bearish candle🐻 that broke through it serves as a clear indication of its importance. As a result, I expect the price to 📉 retest the lower boundary of the range.

🎯My goal is the support level of around 2286.
➖➖➖➖➖➖➖➖➖
My past forecasts on GOLD 👩‍💻
№1GOLD+410p✅
№2GOLD+292p✅
№3GOLD+231p✅
№4GOLD - 75p❌
№5GOLD+271p✅
№6GOLD - 93p❌
№7GOLD+281p✅

#GOLD
👉UPDATE
The gold market is currently 🔀 consolidating after an impulsive move from the resistance zone, suggesting that the momentum 😮‍💨 may be exhausted. The lack of a strong rally from the 2300 psychological level 🗝 indicates that bulls are 🐃 not yet willing to enter at these levels. On the daily chart,
XAUUSD has formed an inside bar pattern,📍 which is a potential triangle pattern in lower timeframes.

I think the market may create 📈 an upward movement to complete a two-legged pullback. Given the current market conditions and 🗞 lack of significant news events, I expect the market to continue trading sideways 🐌 for the time being.

🎯My goal is the support level at 2300
➖➖➖➖➖➖➖➖➖
My past forecasts on GOLD 👩‍💻
№1GOLD+410p✅
№2GOLD+292p✅
№3GOLD+231p✅
№4GOLD - 75p❌
№5GOLD+271p✅
№6GOLD - 93p❌
№7GOLD+281p✅

#GOLD
👉UPDATE
The gold market has been forming a triangle pattern,🚩 and it has so far respected the downward trendline above. However, it has now broken and closed below the bottom of the pattern,🔻 which is might be a 🐻 bearish signal. On the daily chart, the price action remains choppy, with no clear direction evident.

I think we will see clear 📈📉 direction if the market breaks through the resistance at 2340 and the support level at 2290. If the 📰 upcoming news doesn't provide a catalyst to push the price higher, the market may continue its downward momentum.⚡️ In this scenario, I expect the price to move to lower levels.

🎯My goal is the support zone 2285 - 2290.
➖➖➖➖➖➖➖➖➖
My past forecasts on GOLD 👩‍💻
№1GOLD+410p✅
№2GOLD+292p✅
№3GOLD+231p✅
№4GOLD - 75p❌
№5GOLD+271p✅
№6GOLD - 93p❌
№7GOLD+281p✅