#GOLD
👉New forecast
The market went further down ⤵️ from the resistance after news releases. The price responded poorly to the 🔑 key level at 2300. We did not have a strong upward move, which indicates that 🐃 bulls are not ready to buy at these levels. On the daily, XAUUSD formed an inside bar formation, which can be seen as a triangle pattern📐 in lower timeframes.

I think the market might move downward to complete the two-legged 📉 pullback I mentioned in my weekly post.📊 I expect the market to continue moving toward lower prices, breaking through the support trendline.🔻

🎯My goal is the support level at 2270

#GOLD
👉UPDATE
The price perfectly fulfills my last idea.✅ The price formed a range zone or 🚩 triangle pattern, then broke through it, as I mentioned in my last post.🧐 XAUUSD also, as we can see, broke the channel, which is a bullish sign.🐃 It might cause a pullback to retest the broken support level.

If the price stays above this level, 📈there is a higher chance that we will see the market at 2350 levels. However, if the price fails to update the highs,〽️ I expect it to roll back to the consolidation zone below.🔀

🎯My goal is the resistance zone at around 2340

#GOLD
👉UPDATE
The market continues 🐌 to move in the range zone. The price, after updating highs, is pulling back ⤵️ to support levels, which is the swap zone.📊 The market's main support was tested and bounced off after level rejection.

I think the XAUUSD might be moving 🚀 upward because the market closed with a 🐃 bullish candle on the daily timeframe. I expect the price to retest the recent high.📈

🎯My target is resistance at 2332.000

#GOLD
👉New forecast
XAUUSD price is still moving sideways.🐌 The market is bouncing between range boundaries. The bulls failed to 🐃push the price higher at the top of the range, which might be a sign that the market will move📉 to the bottom of the range.

The market, as you can see, is consolidating around 2300🔃 because the price usually moves sideways 🗝 at key levels, which is basically the 📊accumulation phase before the distribution. I expect it to go down to retest the support level and probably the downward channel border as well.⏬

🎯My goal is the support level at 2283.

#GOLD
👉UPDATE
XAUUSD price formed a range zone🔀 on the 1H timeframe. As you can see, the market is bouncing between range boundaries.🔃 The price keeps bouncing off the 📊resistance level at 2320. I think the🐻 bears are pulling the price lower because we have lower highs.

On the daily timeframe, the price action created a doji candle,❗️ which is an is an indecision candle. I expect to grab the liquidity above 🪝 the resistance zone and then move to retest the support level, which is essentially the middle level of the range zone below. 📉

🎯My goal is the support level at 2290

#GOLD
👉New forecast
The release of new data triggered a🚀 surge in the XAUUSD market, propelling it above the critical resistance zone at 🗝 2350. This break also cleared 📊 the previous week's high, which has now transformed into a support level.

In my opinion, the ideal scenario would be a retracement to the broken level,⤵️ followed by a continued upward momentum.📈 I anticipate a pullback towards the 2350 key level, where we can look for confirmation of buying✅ opportunity aiming the round number at 2400.

🎯My goal is the resistance zone around 2385.000

#GOLD
👉New forecast
As expected, the price has pulled back towards the support level⤵️ around 2330, which I mentioned in my previous post. XAUUSD price has been ranging near the 📊 previous day's low,having fallen from its recent highs. The channel border, which acts as upward trendline and 🔃a swap zone, is now being tested. This support level previously acted as resistance, 🛡holding the price steady for over a week.

On the weekly timeframe, the market is currently testing the 50% retracement 📈 level of the weekly range. If the market makes to fake breakout of the previous day's low,⤴️ I think it could potentially move upward towards recent highs. Overall, I anticipate a choppy market ahead, given the upcoming news reports. 🗞

🎯My target is the resistance zone around 2361.

#GOLD
👉New forecast
The price perfectly fulfilled my last idea.✅ It hit the TP. We've seen a retest of the level, followed by a continuation ⤴️ scenario in the market. On the 4H timeframe, XAUUSD has bounced off the trendline and support level at 2350.📈 If the price breaks down through this trendline, we can anticipate a high likelihood of 🐌 sideways movement.

However, if the market remains above the🔑 key support and trendline, I think there is a potential retest of the strong 💪 resistance at 2400. I expect a correction to the support level where the impulse movement originated, and then look🔎 for buying signals.

🎯My goal is the resistance zone around 2385

#GOLD
👉New forecast
The price perfectly fulfilled my last idea.📌 XAUUSD played out nicely and hit the target. The release of new data triggered a 🚀 surge in market, which ultimately broke above the previous high. This move also cleared the previous week's high, providing a clear indication of the market's 🐃 upward momentum.

Given that the market has reached the 🔑 key resistance zone at 2400, I think it would be wise to wait for a pullback ⤵️ before anticipating the continuation of the bullish trend. I expect a correction towards📉 the support area between 2363 and 2370, where we can look for confirmation✅ of a buying opportunity with the aim of targeting the liquidity zone above 2400.🪝

🎯My goal is the resistance zone around 2410.
➖➖➖➖➖➖➖➖➖
My past forecasts on GOLD 👩‍💻
№1GOLD+466p✅
№2GOLD+247p✅
№3GOLD+281p✅

#GOLD
👉UPDATE
The market has indeed pulled back⤵️ towards the support level, forming a🐻 bearish bar with a long tail on the daily timeframe, indicating resistance rejection. I believe the market may continue to create a two-legged pullback.🦿 If the market makes a fake breakout of the previous day's low, it could be a sign of a further 🐃bullish move.

I expect a liquidity grab 🪝 below the previous day's low then a 📈 continuation of the trend. There's a likelihood that the market might form a triangle pattern 📐 before moving forward.

🎯My target is the resistance level at 2405
➖➖➖➖➖➖➖➖➖
My past forecasts on GOLD 👩‍💻
№1GOLD+466p✅
№2GOLD+247p✅
№3GOLD+281p✅