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GOLD 4 HOUR EDUCATIONAL ANALYSIS UPDATE (26/06/2024)

  • Gold has taken out the 4 hour liquidity from the reaction at 2335-2340 area as expected.

  • We can probably expect gold to range for a bit on the 1 hour timeframe and below timeframes as it has reached a Order block area before price continues being bearish.


Educational Analysis for the higher timeframe to potentially see where Gold could head too will be posted shortly! Please refer back to the daily timeframe educational analysis that was sent a few days ago!

misacr03

GOLD 4 HOUR EDUCATIONAL ANALYSIS UPDATE 25/06/2024

  • Gold acted bullish up until 2335-2340 area as expected.

  • Price had a nice reaction at 2335-23340. From this reaction price could continue to drop to take out the 4 hour Liquidity sitting underneath current price.

misacr03

GOLD 4 HOUR EDUCATIONAL ANALYSIS 22/06/2024

  • We can see Gold has reacted off at the FVG area at price 2360 causing price to drop

  • This reaction at 2360 may have enough volume and power to take out the 4 hour Liquidity sitting below current price.

  • We can expect Gold to possibility act bullish till 2335-2340 area and could see a potential drop down to take out the rest of the liquidity sitting below current price

misacr03
Abz 98

GOLD DAILY TIMEFRAME ANALYSIS - NO EXPLANATION 22/06/2024

misacr03

GOLD 4 HOUR EDUCATIONAL ANALYSIS UPDATE 19/06/2024

  • 07th June 2024, Gold reacted at 2387 causing price to drop to 2288. This drop has created a new Lower low.

  • Market then started to range from 2288 but the range is still below or within the Lower High and Lower Low

  • We also have a FVG area sitting at 2360 area These areas I have marked up are based on higher timeframes so when price reaches a support level or resistance level or a order block or a FVG, it is a very strong area!


  • We are also stuck in a ranging market in the middle of the month > Look at the monthly candlestick, is the monthly candlestick bearish or bullish or is it looking like its creating a doji, a bullish candle, a bearish candle? This will come with experience


misacr03

GOLD 4 HOUR EDUCATIONAL UPDATE (03/06/2024)

  • Gold has reacted of 2315 at the order block area pusing price up to 2356 as it is todays high.

  • The push up was due to economic news that came out today. It is important to check the economic calendar!

  • Currently Gold is attracted to the EQH sitting around 2360.

GOLD 4 HOUR EDUCATIONAL UPDATE (02/06/2024) : Gold has dropped below my POI. After doing some analysis

  • 4HR Higher Lows were taken out as it was internal liquidity

  • Price is starting to ranged between the EQH and EQL

  • Orderblock below current price sitting at 2320 - 2305 has confluence confirmations on the 4hr and 22h/23hr timeframe

  • We could see a potential reaction at this area to push up as we are still sitting above the 22/23hr Higher Low at 2277.

GOLD 4 HOUR EDUCATIONAL UPDATE:

We can see that Gold has reacted nicely at the 4 hour POI marked up. This could be a potential new Higher Low for Gold price to push up to create a new 4 Hour Higher high as well as a new All time high. Gold is still bullish according to market structure but there is also the small possibility that Gold might break the 4 hour Higher Low and push down as well.

GOLD 4 HOUR TIMEFRAME EDUCATIONAL ANALYSIS UPDATE!

  • Gold did not create new equal highs or a double top

  • Gold created NEW ALL TIME HIGHS at at 2450.00.

  • Gold also created a new Higher High for the 4 hour market structure

  • We can now expect Gold to drop anywhere between the most recent Higher Low and the new higher high that gold has just created before it continues to go up;

GOLD 4 HR TF & BELOW EDUCATIONAL ANALYSIS

  • Following Market Structure > Gold is bullish

  • We have the most recent high sitting at $2430 area. Price has a chance of reacting from that area to make a pullback before price continues to the upside


GOLD DAILY AND HIGHER TF EDUCATIONAL ANALYSIS

- Gold market has been ranging since August 2020 up until December 2023

-Price has recently broken out from the range

-Gold is only showing bullish momentum


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