#GOLD
👉UPDATE
Following the PPI and Unemployment Claims 🗞 economic news releases, the price moved higher against the major bearish trend. Currently, the market is pulling back 📈 after testing the support level at 2550. It appears that the price is forming an ABCD pattern, 📊 indicating a complex pullback phase.
With another high-impact news today,📰 there is potential for the price to move higher toward the resistance zone at 2600, which would complete the pullback.⤴️ If the price forms rejection at this strong resistance level, 🔎 we can look for selling signals, as this could signal a continuation of the major bearish trend. 🐻
🎯My goal on the 1H is the support zone around 2520
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My past forecasts on GOLD 👩💻
№1GOLD+617p✅
№2GOLD+392p✅
№3GOLD+471p✅
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👉 Leave a comment 🙂
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#GOLD
👉New forecast
The price perfectly fulfilled my last idea.📌 It hit the target level. XAUUSD is currently showing signs of slowing down after breaking and closing below the 💪 strong support level of 2600. This suggests that a pullback may occur following the breakout. The price is clearly respecting the 🔃 downward trendline, further affirming the 🐻 bearish momentum.
Additionally, gold has broken 🔻 below the previous support level, which has now turned into a resistance zone. If the price retests this level,⤴️ it could present a viable shorting opportunity. With upcoming high-impact 🗞 news likely to introduce volatility into the market, 🧐 I anticipate a pullback followed by a continuation of the downward trend.
🎯My goal is support zone around 2500
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My past forecasts on GOLD 👩💻
№1GOLD+617p✅
№2GOLD+392p✅
№3GOLD+471p✅
———————————————
👉 Leave a comment 🙂
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⬇️Results for FREE forecasts
✅3 out of 3 GOLD came true
✅5 out of 6 NZDUSD came true
✅7 out of 8 GBPCAD came true
✅9 out of 11 EURAUD came true
✅14 out of 15 AUDСAD came true
✅3 out of 4 GBPNZD came true
✅10 out of 12 AUDJPY came true
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#GOLD
👉UPDATE
The gold price shows the 📉 completion of the ABCD pattern, which is often a strong signal for potential market movements. The recent fake breakout of the 〽️ previous support level suggests that the market ⤴️ may be looking to pull back toward the recently broken channel border.
Given that the price might 🔀 consolidate right above the psychological level at 2600, this scenario aligns well with typical market behavior,📊 where it often consolidates around 🔑 key levels before continuing a breakout. With high-impact news on the horizon, 📰 volatility is expected to increase, which can lead to more significant price swings. ⚡️ This could amplify the likelihood of a pullback before the market decides to continue its downward move. ⤵️
🎯My goal is support zone around 2565
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My past forecasts on GOLD 👩💻
№1GOLD+617p✅
№2GOLD+392p✅
№3GOLD+471p✅
———————————————
👉 Leave a comment 🙂
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🚀 TOP Broker
🌐 Site - Lingrid.org
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⬇️Results for FREE forecasts
✅5 out of 6 NZDUSD came true
✅7 out of 8 GBPCAD came true
✅9 out of 11 EURAUD came true
✅14 out of 15 AUDСAD came true
✅3 out of 4 GBPNZD came true
✅10 out of 12 AUDJPY came true
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Hello friends❤️
#GBPJPY
👉New forecast
The price perfectly fulfilled my last idea. 📌 It reached target level. GBPJPY is currently forming a triangle pattern 🚩 and is testing the lower border of the upward channel. There is a potential for the price to break and close below ⤵️ this channel, which could indicate a shift in trend.
📊 On the daily timeframe, the formation of a double top〽️ pattern is notable, as this pattern often precedes a bearish move. Additionally, the price is showing 📉 lower highs, which indicates increasing 🔻 selling pressure in the market. If these bearish signals continue to develop, it could lead to a significant downward move. ⏬
🎯My goal is support zone around 195.570
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My past forecasts on GBPJPY👩💻
№1GBPJPY +71p✅
№2GBPJPY+164p✅
№3GBPJPY +49p✅
№4GBPJPY+255p✅
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Hello friends❤️
#GBPNZD
👉New forecast
GBPNZD is currently ranging 🐌 after a downward move, establishing a zone with defined resistance and support levels. The market is creating higher lows and lower highs,🚩 indicating it is moving sideways. Currently, the price is trending upward toward the channel following a ⤴️ false breakout of the support level.
🧐 I anticipate a potential fake breakout of the previous resistance and the channel boundary. ❕ If the price rejects this zone by forming a rejection candle,📍 such as a long-tailed bar, we can consider 🔻 shorting the market.
🎯My goal is support zone around 22.15170
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👉 Leave a comment 🙂
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🎯Today RESULTS 🔥+330 pips🔥 in my Private channel
✅NZDCAD +41 pips
✅EURJPY +71pips
✅GBPJPY +32 pips
✅GOLD +45 pips
✅GOLD +168 pips
❌EURUSD -26
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#EURUSD
👉New forecast
The price perfectly fulfilled my last idea. 📌 It hit the target. EURUSD is currently making lower lows, indicating a persistent bearish momentum🐻 as it approaches the support level at 1.0500. Notably, the price is decelerating, forming small candles, which suggests a ⤴️ potential pullback towards the resistance zone. On the daily timeframe, the price action is shaping an ABCD pattern. 📉
Compounding the 🔻 bearish sentiment, the💲 DXY is surging, exerting additional downward pressure on EURUSD. I anticipate that the market may pull back towards the resistance zone around 1.0600 🧠 before resuming its bearish trend.
🎯My goal is support zone around 1.04850
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My past forecasts on EURUSD 👩💻
№1EURUSD +51p✅
№2EURUSD +84p✅
№3EURUSD+134p✅
№4EURUSD +185p✅
№5EURUSD +77p✅
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Hello friends❤️
#GBPCHF
👉New forecast
The price perfectly fulfilled my last idea. 📌 GBPCHF recently showed a shift in market dynamics by breaking and closing below the upward trendline, which previously 🐃 indicated bullish momentum. Additionally, the double top at the resistance zone signals a potential reversal and weakens the bullish outlook.🔻 After consolidating around the 🧠 psychological level at 1.13000, the market moved lower, reinforcing the bearish sentiment.
📊 The daily timeframe also shows that the market is in a consolidation phase. 🔀 The recent bounce off the top of the consolidation suggests that the price may move downward to retest the lower boundary of this zone.📉 Given that the last daily candle was notably bearish, 🐻 there is a strong possibility that it may test the previous day’s low before continuing its downward trajectory.⤵️
🎯My goal is support zone around 1.11850
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👉 Leave a comment 🙂
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Well, the price #GBPJPY came to the 🧨resistance line and bounced off it - GREAT ENTRY POINT.
Opened a deal?😎
#GOLD
👉New forecast
The price perfectly fulfilled my last idea.📌 It hit the target zone. XAUUSD broke and closed below the previous support level, which has now turned into a resistance zone. 📊 Currently, the market is testing the 🧠 psychological level at 2600. The ongoing 🐻bearish momentum is evident as the market continues to form bearish impulse legs and lower lows. 📉
❕If the price pulls back towards the ⤵️ resistance zone and shows signs of rejection at that level, it could present an opportunity to short 🔻 the market. At this point the market may enter into the consolidation phase.🐌
🎯My goal is support zone around 2560
———————————————
My past forecasts on GOLD 👩💻
№1GOLD+617p✅
№2GOLD+392p✅
№3GOLD+471p✅
———————————————
👉 Leave a comment 🙂
➖➖➖➖➖➖➖➖➖➖
🚀 TOP Broker
🌐 Site - Lingrid.org
📩 Contact @Lingrid ✅
❗️Did an ADDITIONAL ANALYSIS over the weekend. Now the line is in the resistance zone - 👌A GOOD CHANCE TO MAKE MONEY.
📉Check forecast - Link
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