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- Abouelzelouf replied Apr 9, 2024
You want to know the target on Gold look at this chart, a monthly chart. Look how gold went up during the years from 2001 to 2010, from 270 to 1900 It is always tempting to look for retracement I have been doing the same like many traders here, ...
- Abouelzelouf replied Apr 9, 2024
How do you see these numbers! we are in uncharted territories! there is no target and no resistance, it is just a strong bullish trend. This could go up to 2500 and higher in few month if we continue like this.
- Abouelzelouf replied Mar 21, 2024
Gold is still bullish! Anyone going short should be quick in and out, with profit or loss, don't hold short. Don't think Gold is going down big time. Might be better strategy to wait for pullback and find long opportunities. Trade safe.
- Abouelzelouf replied Mar 15, 2024
4H chart. My analysis, Gold stuck between 2152 and 2195 for now. On the way up, If it breaks 2185 it will test the highs and try to break higher. on the way down, It tested 2152 2 times it might break it next time to open the way lower. On the top ...
- Abouelzelouf replied Mar 6, 2024
It was starting to stabilise but there was a ship that was hit in the red sea by a rocket, and a russian rocket almost hit the Ukrainian president and the visiting Greek prime minister! So gold turned up again.
- Abouelzelouf replied Mar 6, 2024
It need something big to happen to turn gold down. It is overbought but it still has room to go up. Tomorrow we have rate decision from the ECB no change is expected but this might send gold little higher or stay around the same levels as today. The ...
- Abouelzelouf replied Mar 6, 2024
My advice to you don't trade gold It is difficult and complicated and very volatile. There is many things that affect how it moves: economy, news, interest rate, politics, politicians speeches, WAR....
- Abouelzelouf replied Mar 6, 2024
As you noticed what happened in the last 15 minutes Powell released a pre written report before he testifies little later today and you see how it is going up and down. To answer your question: no one knows! if we knew we would all be millionaires, ...
- Abouelzelouf replied Mar 6, 2024
As Isabella mentioned the main news today is Fed Chair Powell Testifies after almost 90 minutes from now. You will see everything jumping up and down.
- Abouelzelouf replied Mar 4, 2024
Can you please post a screenshot of your chart? Why did you upload the same indicator more than once?
- Abouelzelouf replied Oct 27, 2023
I would stay away from gold for now, the situation in the middle east is not stable and it is causing high volatility, this thing can easily jump up to 2050 +, or down to 1920 depending on the direction of geopolitics around the world. the other day ...
- Abouelzelouf replied Sep 28, 2023
Gold is strangely weak today Dollar index moved 50 pips while gold almost didn't move! "GOLD, now in consolidation mood" is correct but it could go up or down. We will see what the US session will bring.
- Abouelzelouf replied Jul 6, 2023
GBP has been hitting resistance at 1.2730 - 40 but looks strong, the past 2 days, it didn't reverse as much as the euro did for all the news. I think it will break little higher. Check all time frames around 1.2735 it is like a wall.
- Abouelzelouf replied Dec 2, 2022
WOW super fast, thank you very much BestTraderEV.
- Abouelzelouf replied Dec 2, 2022
Hi All, can anyone please help making the US Index indicator work in a mirrored way, is this possible? Original image how I want it to work inverted image
- Abouelzelouf replied Dec 6, 2021
Thank you very much.
- Abouelzelouf replied Dec 5, 2021
Thank you @40PipsAlan for sharing the indicator. This is different than the one that KonradGER has on his chart.
- Abouelzelouf replied Dec 5, 2021
Can you or anyone please share the QQE of RSI indicator?
- Abouelzelouf replied Sep 16, 2018
I don't think there will be a significant retrace since Friday ended with a strong bearish move. I guess the asian session will open with small gap down than move little up and than range and will be slow as usual, when Europe open it might go up ...
- Abouelzelouf replied Aug 23, 2018
please keep show the time frame in the screen shots you post, or write it down. Thank you