Metal
WTI 26th of September WTI perfectly started a downtrend after the breakout of the pattern and the retest on the supply zone.
XAUUSD Bearish Perspectivepossible end of wave 3 and starting to make the wave 4 then continue downfall for completion of wave 5.
EUR/USD 22nd of SeptemberEUR/USD once reached the demand zone, broke it with an impulse in order to continue the downtrend.
XAU/USD 22nd of September Gold is doing exactly what we were expecting. It's bouncing between the supply and the demand zone.
Metal index looks positive!!!Metal index looks positive. Positive above 6264. Formed cup and handle breakout
GOLD - Video Top-Down Analysis!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for GOLD.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
Gold 8th of September Gold, as US30, perfectly respected our prediction. Price started a new bull trend after the rejection of the demand zone + liquidity level.
Gold Will Bounce BackIf you see from my analysis, Gold will bounce between prices 1747.663 - 1749. From there we can assume that we will buy with a target at 1800.
Disclaimer: This is just an analysis and not a definite buy/sell signal. DYOR and please match it with your own analysis. Thank you and good luck with your trading.
Gold 26th of August Gold perfectly respected our prediction, once price reached our supply zone, price perfectly rejected it.
Interim Bulls could not halt the strong bearish XAUUSDGold against Dollar have been in a bearish trend way from Aug 15th, 2022 from the price of 1800 and last week its continues the downward trend and breaks the 1750 zone of concern ,
1750 is the zone of PUSHING DOWN, whenever the price breaks 1750 , it never missed to touch the support zone of 1683, this zone tested multiple times
This week , price may test the zone of 1750 again going down, there is a support available at 1735 , if it breaks further down , it will test down 1700 again
Gold 4H AnalysisHere is my XAU/USD 4H analysis. A or B. Confirm before taking a trade. Confirm in lower timeframe 1H and 15m, then take a trade. Trade at your own risk.
XAU/USD 12th of August What an amazing movement by gold! Demand zone, liquidity level and then price started an uptrend.
Silver: Last Stop !Before we head further down south, the silver price should recover more clearly and rise in the green target zone between $18.94 - $19.99. From there, we expect the last bearish push into the orange zone below.
GOLD - Support Rejected✅ Now Approaching A Resistance!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
As per my last analysis, we were looking for buy setups around the 1675 - 1700 support zone
Now What?
GOLD is approaching the upper orange trendline acting as a non-horizontal resistance.
Moreover, the zone 1750 is a support turned into resistance.
Thus, the highlighted purple circle with the red arrow is a strong area to look for sell setups as it is the intersection of the green resistance and upper orange trendline.
As per my trading style:
As GOLD approaches the upper purple circle, I will be looking for reversal bearish setups (like a double top pattern, trendline break , and so on...)
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
We Want Our Safe Haven Back! Up!🥇Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
For those who know me well, know that I am a big fan of Gold, not as a long-term investment like I approach stocks and crypto, but as a backup plan if things go sideways.
By Gold, I mean physical, tangible Gold🥇. I regularly purchase an ounce every couple of months, depends on my budget, and stack it somewhere safe.
I learnt this habit from an Armenian friend. Shoutout to Armenians, you know exactly what I am talking about.
Now let's get back to the charts 😁
As per my last two analysis, we have looking for buy setups as Gold was approaching a support zone 1675 - 1700
Gold rejected our support zone and ended up closing bullish for the week.
But the question is... are you finally bullish?
Not Yet❗️
For the bulls to take over from a long-term perspective, and as per my trading plan / style, we still need a new major high to form.
and then, a break above:
i- this new major high (projection in purple)
ii- 1750 - 1760 zone
iii- upper orange trendline
then, we will be expecting a shift in momentum from bearish to bullish📈.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
GoldIs always important to highlight the key zones when we analyse a graph. In this scenario, our key zone is a liquidity level. Price is already rejecting it!
