✴️ GOLD Daily timeframe. March 8
🎖 Read the whole forecast - Link
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The news background regarding inflation and the rate provoked a strong drop in the gold market and thereby tore it up. The fall resumes.
1) Regarding the zone 1842-1845 there was a deceptive maneuver: on March 3 it closes above the previous technical pullback, triggering a buying pool, on March 6 the candle is completely above the zone 1842-1845 so it increases the pool of long positions, but on March 7 a false break-down is formed and the buyers leave the market, this maneuver strongly pushes the price down because of the closing orders, which go to the basket of a large bearish player.
2) Liquidity is enough to move the price to 1765
3) The price rolls back to resistance 1821, from which we can expect another drop
4) Local level 1802 will be broken in the medium term (probably this week).
5) The market is bearish
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💌 Сontact: @GoldTechOfficial ✅️
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✴️ GOLD Daily timeframe. March 7
🎖 Read the whole forecast - Link
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Gold tested the 1858 resistance area , which hints at a correction or a lull in the 1840-1850 area before the Fed news
1) The 1858 area is not broken through. The resistance is stronger.
2) Correction after a false-break of the 50-MA is forming.
3) The nearest target for a correction is the rising support or the level of 1821
4) The trend is still bullish
5) At the moment, before the release of strong news, it is difficult to indicate the future direction, gold could get very high volatility today
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WGC notes strong demand for gold from global central banks from early 2023
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Gold will continue to grow in the medium and long term
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World central banks in January 2023 bought 30.8 tons of gold in foreign exchange reserves - preliminary data of WGC
The largest buyer was Turkey, which increased its reserves by 23.3 tonnes. China purchased 14.9 tonnes, while Kazakhstan bought 3.9 tonnes. The main seller of gold among central banks in January was the Uzbek Central Bank, which reduced its reserves by 11.5 tons.
🥇 GOLD Range Formation. Technical pullback phase
🎖 Read the whole forecast - Link
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Gold starts with a new bullish potential after it breaks through the resistance area at 1840-1845. But, a false-break-down of the high at 1856 will take the price down to the area of interest
1) The price goes below the 0.236 Fibo, most likely the asset corrects to the 0.5 area, below which there is a liquidity zone
2) It is possible to open a low-risk sell from the 1851 area
3) The global trend is bullish , the local trend is bullish
4) The potential after the retest of the area of interest remains behind the local maximum and is the 1858 zone
5) To trade on the trend it is necessary to wait for the testing of one of the levels 0.382 Fibo, 0.5 Fibo or the 1842 area of interest.
Before buying, it is better not to hurry, but to wait for the final testing of the liquidity area (it is either a touch or a false-break, followed by consolidation)
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💌 Сontact: @GoldTechOffici...
✴️ GOLD Daily timeframe. Mar.06 - Mar.10
🎖 Read the whole forecast - Link
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The price finishes the corrective movement in the 1800 area. Gold reverses and breaks the base of the reversal pattern. Positive fundamentals are bullish on the futures price.
What to expect from XAUUSD in the coming week?
1) U.S. sector news on Friday shook the market a bit and after a two-way maneuver, the price is headed up and renews its two-week high
2) Right chart - Head & Shoulders pattern formation. Price breaks through the base and forms a momentum to 1856.39
3) Friday's candlestick closes near the high of the day. (The high of the day is 1856.39, the closing price is 1855.43). Consequently, the futures leaves the potential for a possible continuation of the growth with the opening of the session. A gap up is possible.
4) The nearest resistance area , where the price can stop, is in the area of 1860, 1880, 1900.
5) The local trend again follows the global trend. Both are bullish . The pot...
#GOLD Short📉 at 1845
1st TakeProfit: 1841
2nd TakeProfit: 1835
StopLoss (risk 1-2%): $1849
The situation remains relevant. We are now following the first scenario.
If the price does not make a false-break, we can open an order with a small stoploss
— — —
Use constructive or minimum lot
Gold is a high risk trading instrument!
— — —
Scenario 1
#GOLD Buy (limit): 1830-1831
TP1: 1835
TP2: 1841
TP3: 1848
SL: 1826
🎖 Read the whole forecast - Link
— — — — — — — — — — — — — — —
Gold makes a false break and forms a fairly predictable reaction. The price strengthens to 1845.
1) Since the opening the price is seeking upwards and is testing the local resistance of 1844.
2) In the near future the price may test the 1858 area.
3) There is a chance that the bearish correction is over and the price will continue its growth.
4) Overcoming the resistance of 1858 will confirm the end of the correction, and in the medium term we should expect growth to 1900 and 1950.
5) BUT. The price from resistance 1858 can form a correction to 1850 (1840)
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💌 Сontact: @GoldTechOfficial ✅️
🏅VIP: @GoldTechSignals_bot🏅
👉 Forecast for today - LINK
— — —
Price is testing support. An important nuance to open a position is a consolidation above the area.
1 scenario. The level of 1830-1831.
The price is testing the area and trying to consolidate. We wait for the consolidation to finish above this area, after which the deal may be opened
2 scenario. Level 1823 (1820)
If the first scenario does not work and the price goes down, consider the indicated zone 1823 (1820) the situation is similar - consolidation after testing the area, then you can look for an entry point.
— — —
Use constructive or minimum lot
Gold is a high risk trading instrument!
— — —
Scenario 1
#GOLD Buy (limit): 1830-1831
TP1: 1835
TP2: 1841
TP3: 1848
SL: 1826
Scenario 2
#GOLD Buy (limit): 1823-1820
TP1: 1830
TP2: 1840
TP3: 1848
SL: 1818
🎖 Read the whole forecast - Link
— — — — — — — — — — — — — — —
Gold is testing the important 1830 zone, which will determine the further direction of the price. We wait for a confirmation.
1) The correction may end at 1830
2) The price has entered below the liquidity zone and is essentially forming a consolidation.
3) The previous resistance breakout may indicate the future direction At the moment the local uptrend has already been confirmed.
We expect consolidation above 1830. This will be a confirmation of the position in the market, after which you can open an order
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💌 Сontact: @GoldTechOfficial ✅️
🏅VIP: @GoldTechSignals_bot🏅
🎖 Read the whole forecast - Link
— — — — — — — — — — — — — — —
Gold is moving up in steps. Clearly, potential key support zones are forming on the background of a local resistance breakout.
1) We see an interest in buying gold in the market. Somebody bought it cheap, and now they need to move the price up.
2) A consolidation above the support of 1820 sends the price to 1830. The price breaks through the zone and tries to consolidate above the level.
3) A local trend change is forming, we pay attention to support areas
4) The left lower chart shows the formation of a false break.
We expect consolidation above 1830 to buy, if the price goes below, similarly consider the 1822 area. An opportunity to buy emerges
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💌 Сontact: @GoldTechOfficial ✅️
🏅VIP: @GoldTechSignals_bot🏅
🔥Performance of VIP channels with signals on XAUUSD
🏅The result of the GOLD VIP:
✅️ 09.01 to 13.01 +740pips🏆
✅️ 16.01 to 20.01 +440pips🏆
✅️ 23.01 to 27.01 +970pips🏆
✅️ 30.01 to 03.02 +1040pips🏆
✅️ 06.02 to 10.02 +815pips🏆
✅️ 13.02 to 17.02 +860pips🏆
✅️ 13.02 to 17.02 +320pips🏆
By purchasing a subscription, you get access to All Three VIP channels.
👑 Join the vip: @GoldTechSignals_bot
👉 $75 a month for everything!
〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️
💌 Сontact: @GoldTechOfficial ✅️
🏅VIP: @GoldTechSignals_bot🏅
🎖 Read the whole forecast - Link
— — — — — — — — — — — — — — —
Gold continues to fall, now the price is trying to hold on to the support zone , but in the near term this level could be broken
1) A strong and dense fall.
2) The nearest retest of the 1805 area.
3) The potential in the market is bearish and the local chart does not show the strength of the buyers
4) Breakout of the 1805 area will clear the way for a decline
5) Volatility is declining, which is the first sign of a breakout formation
We focus on the level of 1805. If the price breaks through it, we can open a short order or wait for the price consolidation below the level of 1805.
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💌 Сontact: @GoldTechOfficial ✅️
🏅VIP: @GoldTechSignals_bot🏅
🔥Performance of VIP channels with signals on XAUUSD
For the period from 20.02 to 24.02:
💛GTA VIP1: Intraday Signals:
Total: 23
Closed at a loss: 6
Closed in profit: 9
Accuracy: 64%🎯
💙GTA VIP2: Mid-Term:
Total: 2
Closed in loss: 1
Closed in profit: 1
Accuracy: 50%🎯
GTA VIP1 Profit: +370 pips!🔅
GTA VIP2 Profit: -50 pips!🔅
💥TOTAL: +320 pips!✅
🏅The result of the GOLD VIP:
✅️ 09.01 to 13.01 +740pips🏆
✅️ 16.01 to 20.01 +440pips🏆
✅️ 23.01 to 27.01 +970pips🏆
✅️ 30.01 to 03.02 +1040pips🏆
✅️ 06.02 to 10.02 +815pips🏆
✅️ 13.02 to 17.02 +860pips🏆
〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️
💌 Сontact: @GoldTechOfficial ✅️
🏅VIP: @GoldTechSignals_bot🏅
🥇 GOLD Retest of the strong support zone
🎖 Read the whole forecast - Link
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Gold in the technical pullback phase returns to the retest of the 1842 level. The price is between the key Fibonacci zones
1) Liquidity is falling ahead of the Fed press release
2) Price is testing the 1842 level, if a false breakout occurs, there is a chance for growth to the 1850 area
3) The local trend coincides with the global trend. Both of them are bullish
4) At the moment there is a chance to look for an entry point to buy by trend, but we must wait for confirmation.
5) The level of 1842 is strong enough to open a long position, but if the price fails to hold, there is a chance of going down to the 1835 area
〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️
💌 Сontact: @GoldTechOfficial ✅️
🏅VIP: @GoldTechSignals_bot🏅
🔥Performance of VIP channels with signals on XAUUSD
🏅The result of the GOLD VIP:
✅️ 09.01 to 13.01 +740pips🏆
✅️ 16.01 to 20.01 +440pips🏆
✅️ 23.01 to 27.01 +970pips🏆
✅️ 30.01 to 03.02 +1040pips🏆
✅️ 06.02 to 10.02 +815pips🏆
✅️ 13.02 to 17.02 +860pips🏆
✅️ 20.02 to 24.02 +320pips🏆
✅️ 27.02 to 03.03 +470pips🏆
By purchasing a subscription, you get access to All Three VIP channels.
👑 Join the vip: @GoldTechSignals_bot
👉 $75 a month for everything!
〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️
💌 Сontact: @GoldTechOfficial ✅️
🏅VIP: @GoldTechSignals_bot🏅
🔥Performance of VIP channels with signals on XAUUSD
For the period from 27.02 to 03.03:
💛GTA VIP1: Intraday Signals:
Total: 19
Closed at a loss: 5
Closed in profit: 10
Accuracy: 67%🎯
💙GTA VIP2: Mid-Term:
Total: 3
Closed in loss: 0
Closed in profit: 3
Accuracy: 100%🎯
GTA VIP1 Profit: +300 pips!🔅
GTA VIP2 Profit: +170 pips!🔅
💥TOTAL: +470 pips!✅
🏅The result of the GOLD VIP:
✅️ 09.01 to 13.01 +740pips🏆
✅️ 16.01 to 20.01 +440pips🏆
✅️ 23.01 to 27.01 +970pips🏆
✅️ 30.01 to 03.02 +1040pips🏆
✅️ 06.02 to 10.02 +815pips🏆
✅️ 13.02 to 17.02 +860pips🏆
✅️ 13.02 to 17.02 +320pips🏆
〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️
💌 Сontact: @GoldTechOfficial ✅️
🏅VIP: @GoldTechSignals_bot🏅
✴️ GOLD Daily timeframe. March 6
🎖 Read the whole forecast - Link
— — — — — — — — — — — — — — —
Gold opens without a gap, but close to a strong resistance level .
Friday's closing candle in its highs keeps the potential for the price to continue its upward move.
1) The trend movement continues as part of last week's rally.
2) BUT, price is in the 1858 - 1821 range, hence, there is a possibility of a pullback from 1858 resistance.
3) The local and global trend is bullish , the price overcomes local resistance levels
4) The mid-term prospect is preserved in the framework of growth up to 1900
5) Fundamental factors are on the side of buyers
6) The price rebounds from MA-200 support and breaks through MA-50 resistance, which may hint at faster growth
〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️
💌 Сontact: @GoldTechOfficial ✅️
🏅VIP: @GoldTechSignals_bot🏅
🎖 Read the whole forecast - Link
— — — — — — — — — — — — — — —
Gold breaks through again and once again indicates that it is going to get stronger
1) Breakout of the level of 1845. If the price forms a consolidation between 1845-1847, we might look for an entry point to buy.
2) The local and global trends coincide, they are bullish .
3) The potential for price growth to the liquidity zone 1860 is open.
4) But! strong resistance is tested, there is a probability of false breakdown.
Above the level of 1845, it is possible to look for an entry point to open a long position. Target 1850, 1857, 1870
〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️
💌 Сontact: @GoldTechOfficial ✅️
🏅VIP: @GoldTechSignals_bot🏅
Price reaches the target from yesterday's idea
+160 pips!✅
Congratulations to those who took advantage of the moment and were able to earn! 🌺
〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️
💌 Сontact: @GoldTechOfficial ✅️
🏅VIP: @GoldTechSignals_bot🏅
🔥Performance of VIP channels with signals on XAUUSD
🏅The result of the GOLD VIP:
✅️ 09.01 to 13.01 +740pips🏆
✅️ 16.01 to 20.01 +440pips🏆
✅️ 23.01 to 27.01 +970pips🏆
✅️ 30.01 to 03.02 +1040pips🏆
✅️ 06.02 to 10.02 +815pips🏆
✅️ 13.02 to 17.02 +860pips🏆
✅️ 13.02 to 17.02 +320pips🏆
By purchasing a subscription, you get access to All Three VIP channels.
👑 Join the vip: @GoldTechSignals_bot
👉 $75 a month for everything!
〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️
💌 Сontact: @GoldTechOfficial ✅️
🏅VIP: @GoldTechSignals_bot🏅
The first goal has been achieved. The signal was given in VIP1💛 and in VIP3💙
Читать полностью…
🎖 Read the whole forecast - Link
— — — — — — — — — — — — — — —
Gold consolidates in the upper plane of relatively strong support.
1) False break of support 1821 sends the price into the long zone
2) Touching the MA-200 (the bulls are still in control of the trend).
3) The price latching above the uptrend line can complete the correction, and amid the positive news release, the price may fly to 1900 rather quickly
4) The local trend is bearish , the global trend is bullish
5) The nearest target is 1858.
〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️
💌 Сontact: @GoldTechOfficial ✅️
🏅VIP: @GoldTechSignals_bot🏅
#GOLD Long📈 at 1831
1st TakeProfit: 1835
2nd TakeProfit: 1841
StopLoss (risk 1-2%): $1827
🎖 Read the whole forecast - Link
— — — — — — — — — — — — — — —
Gold , under the pressure of the fundamental reports and weakening dollar, makes a jump up by making a false-break of the 1824 zone and the rising support line
1) An interesting maneuver makes people panic, which creates quite big spikes in volumes. The price is in the green zone again.
2) The flat above support is under bullish control. The potential for growth to 1858 is open.
3) It is too early to talk about a change in the trend. At a breakdown of the 1840-1845 area it is possible
4) Price is forming a new range of 1824 - 1858. Support is tested. The target is resistance
〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️
💌 Сontact: @GoldTechOfficial ✅️
🏅VIP: @GoldTechSignals_bot🏅
👉 Forecast for today - LINK
— — —
Gold is preparing to break support 1805.
It is possible to open a trade in two cases:
1) at initial breakthrough (trading on breakthrough
2) the pullback after the breakdown and the subsequent consolidation below the level of 1805 would be a good entry point for selling
1) at initial breakthrough (trading on breakthrough
2) pullback after the breakdown and subsequent consolidation below the level of 1805 would be a good entry point for selling
— — —
Use constructive or minimum lot
Gold is a high risk trading instrument!
— — —
#GOLD Sell (limit): 1805
TP1: 1800
TP2: 1795
TP3: 1786
SL: 1814
🎖 Read the whole forecast - Link
— — — — — — — — — — — — — — —
Gold is sticking to the development of the situation to achieve short targets. There are no set-ups on the chart for the expected counter-trend pullbacks.
1) A consolidation is forming near the support level of 1809
2) The trend is bearish
3) The price failed to test resistance 1821, there is strong bearish leverage
4) Fundamental factors influence the futures negatively
5) Price entered a tight range of 1821-1786, resistance is tested, the target is support
〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️
💌 Сontact: @GoldTechOfficial ✅️
🏅VIP: @GoldTechSignals_bot🏅
