#GOLD
👉UPDATE
The price perfectly fulfilled my last idea.✅ It reached the entry zone. The price has pulled back towards the resistance zone and channel border, specifically testing the 🗝 key area at 2350. Notably, the price action has consistently made lower lows and lower closes,📉 indicating a strong🐻 bearish trend.

As the market has formed a rejection candle📍 at the resistance level, I anticipate a potential move lower levels. With this 🚀 bearish momentum in place, I expect the trend to continue, potentially targeting the psychologically significant level of 2300. 📊

🎯My target on 1H is the support level around 2316.80

#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✅

#GOLD
👉New forecast
XAUUSD reacted unfavorably to the resistance zone, 📍 failing to generate a strong bearish move and instead reinforcing the sideways trend.🐌 However, upon examining the 4H chart, we see a series of strong bullish candles🐃 and gradual pullbacks that have formed higher lows.

❌ With no high-impact news on the horizon for today, I anticipate a continued consolidation phase.🔀 Nevertheless, I expect the market to move down towards the upward trendline,📈 potentially triggering a subsequent bullish move tomorrow if the price action ✅ confirms a buy signal.

🎯My goal is resistance zone at 2350.

#GOLD
👉New forecast
The price missed the target by couple of points😮‍💨 from the last forecast. Currently, XAUUSD is pulling back from the resistance zone after testing the 📊 channel border. The market is correcting against the current bearish trend,🐻 but the price action remains within the 🐌 consolidation zone.

With high-impact news today,🔻 I believe it could potentially play out in favor of gold. If the market rejects the ⤵️ resistance zone around 2350-2355, I expect a rebound to occur, 〽️ potentially retesting the bottom of the range zone.

🎯My goal is the support level of around 2305

#GOLD
👉New forecast
XAUUSD market has broken ⚡️ out above the trendline and 🗝 key level at 2330. A double top pattern,〽️ accompanied by divergence, suggests that a correction may be imminent. Following the significant 🔻 sell-off from the 2390 level, I expect the market to consolidate within 🔀 the range of 2380-2350.

📊 As the price has broken out of this range zone below, ⤵️ it's likely to retest the broken level before making a move upwards.📈 However, if the market retests the support area between 2330 and 2340 and rejects it,🔎 we can look for buying confirmation, because the price is currently near the resistance zone.

🎯My goal is the resistance zone around 2377.

⚔️Analytics for #GOLD

GOLD forming a triangle pattern, indicating a range-bound market.
On 1D TF, the price remains within the range established on June 7, suggesting that a continuation of this 👉sideways movement is possible.
Following a last sell-off, I believe the market may remain range-bound, squeezed within the triangle shape, before surging upwards due to the underlying bullish trend. The price has returned to the 🪛consolidating zone, which could indicate that the market will continue trading within this range next week.

📌Note that this time, the bearish move was less intense compared to previous ones, but the recent bullish move was stronger.
However, if the price breaks and closes below the triangle pattern, we can expect lower prices to follow. Conversely, if the market moves above the pattern, we can anticipate further upward momentum.
Overall, I expect a sideways move until a clear trend emerges.

#GOLD
👉UPDATE
The recent sell-off 🔻 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 🐌 until significant new news emerges. I expect the market to consolidate today. I think, the market will📈 retest the resistance zone at 2350, which is also the upper border of the triangle pattern📐 I mentioned earlier.

🔎 If we see rejection at the 🗝 psychological level below 2300, there is a high likelihood of a bullish move.🐃 However, if the market continues to decline, the next significant support level will be at 2280.

🎯My target is resistance zone at 2347.