#GOLD
πNew forecast
The price perfectly fulfilled my last idea. π It hit first target at 2430. XAUUSD has broken below the critical 2400 level π following the release of unfavorable π° news for gold. Given the current momentum, I think it's likely that the market will retest this lower levels. β¬
I anticipate that the price may π» even drop below 2350 to absorb any remaining πͺ liquidity. If the upcoming Core PCE data fails π to propel the price higher, π I expect the market to fluctuate π upward and downward before potentially resuming its previous trend.
π―My goal is the support around 2350.
βββββββββ
My past forecasts on GOLD π©βπ»
β1GOLD+470pβ
β2GOLD -142pβ
β3GOLD+293pβ
β4GOLD+275pβ
β5GOLD+350pβ
β6GOLD+240pβ
β7GOLD+345pβ
β8GOLD+352pβ
β9GOLD+360pβ
β10GOLD-113pβ
β11GOLD+270pβ
πNew forecast
The price perfectly fulfilled my last idea. π It hit first target at 2430. XAUUSD has broken below the critical 2400 level π following the release of unfavorable π° news for gold. Given the current momentum, I think it's likely that the market will retest this lower levels. β¬
I anticipate that the price may π» even drop below 2350 to absorb any remaining πͺ liquidity. If the upcoming Core PCE data fails π to propel the price higher, π I expect the market to fluctuate π upward and downward before potentially resuming its previous trend.
π―My goal is the support around 2350.
βββββββββ
My past forecasts on GOLD π©βπ»
β1GOLD+470pβ
β2GOLD -142pβ
β3GOLD+293pβ
β4GOLD+275pβ
β5GOLD+350pβ
β6GOLD+240pβ
β7GOLD+345pβ
β8GOLD+352pβ
β9GOLD+360pβ
β10GOLD-113pβ
β11GOLD+270pβ
TradingView
Lingrid | GOLD selling OPPORTUNITY at KEY Resistance for OANDA:XAUUSD by Lingrid
The price perfectly fulfilled my last idea. It hit first target at 2430. XAUUSD has broken below the critical 2400 level following the release of unfavorable news for gold. Given the current momentum, I think it's likely that the market will retest this lowerβ¦
#GOLD
πNew forecast
Yesterday, the market reacted to news π° reports by rebounding from β€΅οΈ the resistance level and subsequently reached the target zone at 2353. It also bounced off the support level, forming long-tailed bars,π which indicates level rejection. I anticipate that XAUUSD may move toward the key π round number at 2400.
Given the upcoming news today,π there is potential for a price surge.β‘οΈ Overall, while I expect the price to continue moving sideways, if the market rejects the support level after news comes out,β« there is a possibility that it could push towards the week's open price level. π
π―My goal is resistance at 2400 from the support level.
βββββββββ
My past forecasts on GOLD π©βπ»
β1GOLD+470pβ
β2GOLD -142pβ
β3GOLD+293pβ
β4GOLD+275pβ
β5GOLD+350pβ
β6GOLD+240pβ
β7GOLD+345pβ
β8GOLD+352pβ
β9GOLD+360pβ
β10GOLD-113pβ
β11GOLD+270pβ
πNew forecast
Yesterday, the market reacted to news π° reports by rebounding from β€΅οΈ the resistance level and subsequently reached the target zone at 2353. It also bounced off the support level, forming long-tailed bars,π which indicates level rejection. I anticipate that XAUUSD may move toward the key π round number at 2400.
Given the upcoming news today,π there is potential for a price surge.β‘οΈ Overall, while I expect the price to continue moving sideways, if the market rejects the support level after news comes out,β« there is a possibility that it could push towards the week's open price level. π
π―My goal is resistance at 2400 from the support level.
βββββββββ
My past forecasts on GOLD π©βπ»
β1GOLD+470pβ
β2GOLD -142pβ
β3GOLD+293pβ
β4GOLD+275pβ
β5GOLD+350pβ
β6GOLD+240pβ
β7GOLD+345pβ
β8GOLD+352pβ
β9GOLD+360pβ
β10GOLD-113pβ
β11GOLD+270pβ
TradingView
Lingrid | GOLD complex PULLBACK. Opportunity to BUY for OANDA:XAUUSD by Lingrid
Yesterday, the market reacted to news reports by rebounding from the resistance level and subsequently reached the target zone at 2353. It also bounced off the support level, forming long-tailed bars, which indicates level rejection. I anticipate that OANDA:XAUUSDβ¦
#GOLD
πNew forecast
The price perfectly fulfilled my last idea.π XAU has β€΄οΈ bounced off the support around 2360, indicating some strength at that level. After a brief rally thin morning, the market is currently pulling back.β€΅οΈ The recent break above the last 2 days' highs suggests the market has some π bullish momentum, but if it fails to close above these levels, it could indicate π a deeper pullback.
With no significant high-impact news,π° the price may continue to range. I think it could remain in a sideways move, potentially forming a trend continuation setup.π I expect a pullback to the support zone around 2370-2380, where buying interest could emerge again.π If the support holds, the price could then surge upward towards the previous week's high.π
π―My goal is the resistance around 2430
βββββββββ
My past forecasts on GOLD π©βπ»
β1GOLD+470pβ
β2GOLD -142pβ
β3GOLD+293pβ
β4GOLD+275pβ
β5GOLD+350pβ
β6GOLD+240pβ
β7GOLD+345pβ
β8GOLD+352pβ
β9GOLD+360pβ
β10GOLD-113pβ
β11GOLD+270pβ
β12GOLD+267pβ
πNew forecast
The price perfectly fulfilled my last idea.π XAU has β€΄οΈ bounced off the support around 2360, indicating some strength at that level. After a brief rally thin morning, the market is currently pulling back.β€΅οΈ The recent break above the last 2 days' highs suggests the market has some π bullish momentum, but if it fails to close above these levels, it could indicate π a deeper pullback.
With no significant high-impact news,π° the price may continue to range. I think it could remain in a sideways move, potentially forming a trend continuation setup.π I expect a pullback to the support zone around 2370-2380, where buying interest could emerge again.π If the support holds, the price could then surge upward towards the previous week's high.π
π―My goal is the resistance around 2430
βββββββββ
My past forecasts on GOLD π©βπ»
β1GOLD+470pβ
β2GOLD -142pβ
β3GOLD+293pβ
β4GOLD+275pβ
β5GOLD+350pβ
β6GOLD+240pβ
β7GOLD+345pβ
β8GOLD+352pβ
β9GOLD+360pβ
β10GOLD-113pβ
β11GOLD+270pβ
β12GOLD+267pβ
TradingView
Lingrid | GOLD Weekly Market OUTLOOK for OANDA:XAUUSD by Lingrid
This past week showed significant volatility, with the OANDA:XAUUSD experiencing a sharp decline before recovering by the week's end. The weekly chart shows this movement, featuring a doji candle; the candle's shadows above and below emphasize this volatilityβ¦
Lingrid Forex Signals
#GOLD πNew forecast The price perfectly fulfilled my last idea.π XAU has β€΄οΈ bounced off the support around 2360, indicating some strength at that level. After a brief rally thin morning, the market is currently pulling back.β€΅οΈ The recent break above theβ¦
#GOLD
πUPDATE
GOLD has bounced off β€΄οΈ the support area I mentioned yesterday. It is currently trading within the previous daily range π and is testing the channel border. The formation of a daily doji candle suggests a sideways move. βοΈ If the it breaks out of the downward channel, it could signal a continuation of a bullish trend. π However, there remains a possibility that the price may drop to a lower level around 2350.π»
The market seems to be forming πΏ a reverse head and shoulders pattern, indicating a potential reversal. I expect the price to create a small range π zone just below the channel border before breakout. π I expect the price to test the support level, and if it bounces back, we can consider it as a buy confirmation. β
π―My target on the 1H is the resistance zone at 2418.
βββββββββ
My past forecasts on GOLD π©βπ»
β1GOLD+470pβ
β2GOLD -142pβ
β3GOLD+293pβ
β4GOLD+275pβ
β5GOLD+350pβ
β6GOLD+240pβ
β7GOLD+345pβ
β8GOLD+352pβ
β9GOLD+360pβ
β10GOLD-113pβ
β11GOLD+270pβ
β12GOLD+267pβ
πUPDATE
GOLD has bounced off β€΄οΈ the support area I mentioned yesterday. It is currently trading within the previous daily range π and is testing the channel border. The formation of a daily doji candle suggests a sideways move. βοΈ If the it breaks out of the downward channel, it could signal a continuation of a bullish trend. π However, there remains a possibility that the price may drop to a lower level around 2350.π»
The market seems to be forming πΏ a reverse head and shoulders pattern, indicating a potential reversal. I expect the price to create a small range π zone just below the channel border before breakout. π I expect the price to test the support level, and if it bounces back, we can consider it as a buy confirmation. β
π―My target on the 1H is the resistance zone at 2418.
βββββββββ
My past forecasts on GOLD π©βπ»
β1GOLD+470pβ
β2GOLD -142pβ
β3GOLD+293pβ
β4GOLD+275pβ
β5GOLD+350pβ
β6GOLD+240pβ
β7GOLD+345pβ
β8GOLD+352pβ
β9GOLD+360pβ
β10GOLD-113pβ
β11GOLD+270pβ
β12GOLD+267pβ
TradingView
Lingrid | GOLD Weekly Market OUTLOOK for OANDA:XAUUSD by Lingrid
This past week showed significant volatility, with the OANDA:XAUUSD experiencing a sharp decline before recovering by the week's end. The weekly chart shows this movement, featuring a doji candle; the candle's shadows above and below emphasize this volatilityβ¦
#GOLD
πNew forecast
The price perfectly fulfilled my last idea.π It hit the target level. GOLD is currently testing the previous week's high, πwhere we witnessed a sharp move downward previously. Given the high-impact news βοΈ scheduled for today, there is a possibility that the market may pull back after testing the PWH.‡οΈ
I think that the market could retest the psychological level at 2400 before potentially moving higher. The price action created a small box,π indicates that the market is anticipating the upcoming news. Therefore it's essential to exercise caution.π§ Overall, I expect a potential pullback followed π by a continuation of the current bullish trend, π depending on how the market reacts to the news today.
π―My goal is resistance zone at 2443
βββββββββ
My past forecasts on GOLD π©βπ»
β1GOLD+470pβ
β2GOLD -142pβ
β3GOLD+293pβ
β4GOLD+275pβ
β5GOLD+350pβ
β6GOLD+240pβ
β7GOLD+345pβ
β8GOLD+352pβ
β9GOLD+360pβ
β10GOLD-113pβ
β11GOLD+270pβ
β12GOLD+267pβ
β13GOLD+255pβ
πNew forecast
The price perfectly fulfilled my last idea.π It hit the target level. GOLD is currently testing the previous week's high, πwhere we witnessed a sharp move downward previously. Given the high-impact news βοΈ scheduled for today, there is a possibility that the market may pull back after testing the PWH.‡οΈ
I think that the market could retest the psychological level at 2400 before potentially moving higher. The price action created a small box,π indicates that the market is anticipating the upcoming news. Therefore it's essential to exercise caution.π§ Overall, I expect a potential pullback followed π by a continuation of the current bullish trend, π depending on how the market reacts to the news today.
π―My goal is resistance zone at 2443
βββββββββ
My past forecasts on GOLD π©βπ»
β1GOLD+470pβ
β2GOLD -142pβ
β3GOLD+293pβ
β4GOLD+275pβ
β5GOLD+350pβ
β6GOLD+240pβ
β7GOLD+345pβ
β8GOLD+352pβ
β9GOLD+360pβ
β10GOLD-113pβ
β11GOLD+270pβ
β12GOLD+267pβ
β13GOLD+255pβ
TradingView
Lingrid | GOLD testing PREVIOUS week HIGH for OANDA:XAUUSD by Lingrid
The price perfectly fulfilled my last idea. It hit the target level. OANDA:XAUUSD is currently testing the previous week's high (PWH), where we witnessed a sharp move downward previously. Given the high-impact news scheduled for today, there is a possibilityβ¦
#GOLD
πNew forecast
The price perfectly fulfilled my last idea.πThe July candle closed very bullish, closing above June's highπ·οΈ but failing to close above high of May. Nonetheless, this bullish close π suggests that GOLD may target the 2500 level. Currently, it appears to be pulling backβ€΅οΈ following a strong bullish rally.π The support zone between 2400-2415 looks like a potential area to go long, if the price shows signal.πΉ
π§I anticipate a retest of the resistance from this support, as we are observing a basic breakout-pullback-continuation π scenario. But, there remains the possibility that following the news release,π the price might dip lower.π» I'm optimistic if provided the support holds and confirms with entry signals.
π―My target is resistance zone at 2460.
βββββββββ
My past forecasts on GOLD π©βπ»
β1GOLD+470pβ
β2GOLD -142pβ
β3GOLD+293pβ
β4GOLD+275pβ
β5GOLD+350pβ
β6GOLD+240pβ
β7GOLD+345pβ
β8GOLD+352pβ
β9GOLD+360pβ
β10GOLD-113pβ
β11GOLD+270pβ
β12GOLD+267pβ
β13GOLD+670pβ
β14GOLD+255pβ
πNew forecast
The price perfectly fulfilled my last idea.πThe July candle closed very bullish, closing above June's highπ·οΈ but failing to close above high of May. Nonetheless, this bullish close π suggests that GOLD may target the 2500 level. Currently, it appears to be pulling backβ€΅οΈ following a strong bullish rally.π The support zone between 2400-2415 looks like a potential area to go long, if the price shows signal.πΉ
π§I anticipate a retest of the resistance from this support, as we are observing a basic breakout-pullback-continuation π scenario. But, there remains the possibility that following the news release,π the price might dip lower.π» I'm optimistic if provided the support holds and confirms with entry signals.
π―My target is resistance zone at 2460.
βββββββββ
My past forecasts on GOLD π©βπ»
β1GOLD+470pβ
β2GOLD -142pβ
β3GOLD+293pβ
β4GOLD+275pβ
β5GOLD+350pβ
β6GOLD+240pβ
β7GOLD+345pβ
β8GOLD+352pβ
β9GOLD+360pβ
β10GOLD-113pβ
β11GOLD+270pβ
β12GOLD+267pβ
β13GOLD+670pβ
β14GOLD+255pβ
TradingView
Lingrid | GOLD pullback and trend CONTINUATION Opportunity for OANDA:XAUUSD by Lingrid
The price perfectly fulfilled my last idea. The July monthly candle closed very bullish, closing above June's high but failing to close above high of May. Nonetheless, this bullish close suggests that OANDA:XAUUSD may target the 2500 level. Currently, theβ¦
#GOLD
πNew forecast
The market moved higher π following the news release. Yesterday's daily candlestick was a doji, and I believe the market is poised to β‘οΈ break through it to retest the previous resistance at the all-time high level. πSince the market hasn't yet tested the psychological level at 2500, there's a possibility it might do so today.
The price action shows π bullish momentum, and it recently broke and closed above the 2450 level. I anticipate that the market may create a range π around the resistance zone at 2480 or even form some pullback γ½οΈ from it. However, if the π upcoming news favors gold, the market may surpass the previous month's high and move higher level.
π―My target is the resistance zone at 2495.
βββββββββ
My past forecasts on GOLD π©βπ»
β1GOLD+470pβ
β2GOLD -142pβ
β3GOLD+293pβ
β4GOLD+275pβ
β5GOLD+350pβ
β6GOLD+240pβ
β7GOLD+345pβ
β8GOLD+352pβ
β9GOLD+360pβ
β10GOLD-113pβ
β11GOLD+270pβ
β12GOLD+267pβ
β13GOLD+670pβ
β14GOLD+255pβ
πNew forecast
The market moved higher π following the news release. Yesterday's daily candlestick was a doji, and I believe the market is poised to β‘οΈ break through it to retest the previous resistance at the all-time high level. πSince the market hasn't yet tested the psychological level at 2500, there's a possibility it might do so today.
The price action shows π bullish momentum, and it recently broke and closed above the 2450 level. I anticipate that the market may create a range π around the resistance zone at 2480 or even form some pullback γ½οΈ from it. However, if the π upcoming news favors gold, the market may surpass the previous month's high and move higher level.
π―My target is the resistance zone at 2495.
βββββββββ
My past forecasts on GOLD π©βπ»
β1GOLD+470pβ
β2GOLD -142pβ
β3GOLD+293pβ
β4GOLD+275pβ
β5GOLD+350pβ
β6GOLD+240pβ
β7GOLD+345pβ
β8GOLD+352pβ
β9GOLD+360pβ
β10GOLD-113pβ
β11GOLD+270pβ
β12GOLD+267pβ
β13GOLD+670pβ
β14GOLD+255pβ
TradingView
Lingrid | GOLD test of the PSYCHOLOGICAL level of 2500 for OANDA:XAUUSD by Lingrid
The market moved higher following the news release. Yesterday's daily candlestick was a doji, and I believe the market is poised to break through it to retest the previous resistance at the all-time high level. Since the market hasn't yet tested the psychologicalβ¦
#GOLD
πNew forecast
GOLD has pulled back to support β€΅οΈ and is currently trading near the previous daily low.π I believe the market could consolidate within Friday's range and may move higher if there is a breakout through this potential π range zone.
The price is retracing to retest the 61.8% level πΈ of last week's range, so I anticipate some rejection at this support level, possibly along with a liquidity grabπͺ below the previous day's low. If the market forms a false breakout candle, πit could signal a potential upward move.
π―My target is the resistance zone around 2478.
βββββββββ
My past forecasts on GOLD π©βπ»
β1GOLD+293pβ
β2GOLD+275pβ
β3GOLD+350pβ
β4GOLD+240pβ
β5GOLD+345pβ
β6GOLD+352pβ
β7GOLD+360pβ
β8GOLD-113pβ
β9GOLD+270pβ
β10GOLD+267pβ
β11GOLD+670pβ
β12GOLD+255pβ
β13GOLD -123pβ
πNew forecast
GOLD has pulled back to support β€΅οΈ and is currently trading near the previous daily low.π I believe the market could consolidate within Friday's range and may move higher if there is a breakout through this potential π range zone.
The price is retracing to retest the 61.8% level πΈ of last week's range, so I anticipate some rejection at this support level, possibly along with a liquidity grabπͺ below the previous day's low. If the market forms a false breakout candle, πit could signal a potential upward move.
π―My target is the resistance zone around 2478.
βββββββββ
My past forecasts on GOLD π©βπ»
β1GOLD+293pβ
β2GOLD+275pβ
β3GOLD+350pβ
β4GOLD+240pβ
β5GOLD+345pβ
β6GOLD+352pβ
β7GOLD+360pβ
β8GOLD-113pβ
β9GOLD+270pβ
β10GOLD+267pβ
β11GOLD+670pβ
β12GOLD+255pβ
β13GOLD -123pβ
TradingView
Lingrid | GOLD Weekly Price Action Analysis for OANDA:XAUUSD by Lingrid
The monthly candle closed bullish, despite two rejection candles in the past. On the weekly chart, OANDA:XAUUSD has finally closed above the 2420 level, which it has struggled with since April, signaling a strong bullish sign. Additionally, it broke and closedβ¦
#GOLD
πNew forecast
XAUUSD has a drop π»early Monday because of a global sell-off in risk assets, where gold typically gains value.π However, the price fell below the psychological level of 2400 before quickly β€΄οΈ bouncing back and closing above it. On the weekly timeframe, the market took liquidity below the previous week's lowπͺ and has since been moving sideways around the 2400 level.
π§ It appears the market has entered a π consolidation phase, as evidenced by two rebounds from both the resistance and support levels.π The daily candle also suggests a potential for prolonged consolidation withing π Monday range zone. I anticipate the market may retest the Monday open price level.
π―My target is resistance zone at 2440
πNew forecast
XAUUSD has a drop π»early Monday because of a global sell-off in risk assets, where gold typically gains value.π However, the price fell below the psychological level of 2400 before quickly β€΄οΈ bouncing back and closing above it. On the weekly timeframe, the market took liquidity below the previous week's lowπͺ and has since been moving sideways around the 2400 level.
π§ It appears the market has entered a π consolidation phase, as evidenced by two rebounds from both the resistance and support levels.π The daily candle also suggests a potential for prolonged consolidation withing π Monday range zone. I anticipate the market may retest the Monday open price level.
π―My target is resistance zone at 2440
TradingView
Lingrid | GOLD tested Previous WEEK Low for OANDA:XAUUSD by Lingrid β TradingView
OANDA:XAUUSD has a drop early Monday because of a global sell-off in risk assets, where gold typically gains value. However, the price fell below the psychological level of 2400 before quickly bouncing back and closing above it. On the weekly timeframe,β¦
Lingrid Forex Signals
#GOLD πNew forecast XAUUSD has a drop π»early Monday because of a global sell-off in risk assets, where gold typically gains value.π However, the price fell below the psychological level of 2400 before quickly β€΄οΈ bouncing back and closing above it. On theβ¦
#GOLD
πUPDATE
GOLD is currently moving sideways,π as I mentioned yesterday, and it seems likely that we will see a similar range-bound market today. π On the daily timeframe, it made a fake breakout of the previous day's low β€΄οΈ before moving higher. The price is currently testing the downward trendline. If it breaks through this level, we could see a bullish move π toward the previous day high.
It appears that the market is forming a π© triangle pattern, which I would refer to as a compression channel. These price squeezes π often lead to a breakout, which could occur either to the upside or downside.π§ However, given the prevailing bullish trend, it seems more probable that the breakout will be to the upside. β‘οΈ
π―My target is resistance zone at 2438
πUPDATE
GOLD is currently moving sideways,π as I mentioned yesterday, and it seems likely that we will see a similar range-bound market today. π On the daily timeframe, it made a fake breakout of the previous day's low β€΄οΈ before moving higher. The price is currently testing the downward trendline. If it breaks through this level, we could see a bullish move π toward the previous day high.
It appears that the market is forming a π© triangle pattern, which I would refer to as a compression channel. These price squeezes π often lead to a breakout, which could occur either to the upside or downside.π§ However, given the prevailing bullish trend, it seems more probable that the breakout will be to the upside. β‘οΈ
π―My target is resistance zone at 2438
TradingView
Lingrid | GOLD tested Previous WEEK Low for OANDA:XAUUSD by Lingrid β TradingView
OANDA:XAUUSD has a drop early Monday because of a global sell-off in risk assets, where gold typically gains value. However, the price fell below the psychological level of 2400 before quickly bouncing back and closing above it. On the weekly timeframe,β¦