Gold maintained its rebound on Monday, with gold prices currently sitting around $2,180. Gold gained bullish momentum last week, hitting a new all-time high above $2,190, driven by falling U.S. Treasury yields and broad-based selling pressure in the U.S. dollar. Spot gold remains technically overbought ahead of key U.S. inflation data this week. Data on...
Gold fluctuated within a narrow range on Tuesday and is currently trading around $2,177. After trading slightly higher on Monday, prices remain near all-time highs after last week's record gains, as traders await U.S. inflation data that could provide more clarity on the Federal Reserve's interest rate trajectory. U.S. CPI data for February will be released...
Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It’s traded constantly based on the intra-day spot rate....
Gold fluctuated within a narrow range on Wednesday and is currently around 2159. The price of gold fell back nearly $30 on Tuesday, once touching 2150, a drop of more than 1%. The U.S. inflation report dimmed the prospect of an imminent interest rate cut by the Federal Reserve. The price of gold plummeted by nearly $25. The U.S. dollar index edged higher after a...
As we had a nice bounce off the 2h support (2154), we can see it approach and test the previous hourly high (2171). If this breaks, I can see it continue to climb and create new lower highs. Potentially reach and test the ATHs of 2185. If we DO NOT break 2171, we can see it creating this lower high and respect the descending trend line of the flag.
Market Analysis: Gold Price Rally Takes Break Gold price rallied above $2,180 before correcting lower. Important Takeaways for Gold Price Analysis Today Gold price failed to clear the $2,200 resistance and corrected lower against the US Dollar. A key bearish trend line is forming with resistance at $2,170 on the hourly chart of gold at FXOpen. Gold...
in the short term, there will be some buying scalping. nothing happen let news come
Hello 👋 📊Gold analysis based on Elliott waves and price action levels In the short and medium time frame The main support today is 2150 Shortest support 2164 The market can make a top floor pattern and can continue the upward path towards $2212 This analysis is valid for today and up to a week. For this analysis, maintaining the support of $2150 is important.
Opportunity to long gold for today, look for a rejection and confirmation in the buy zone. keep looking for buy as long as the candle did not break and closed below the buy zone.
hello again happy friday lets start analysis . as you can see gold is still in an uptrend above ma200 the price make a continuation pattern also price make a sideway range if price cant break 2160 to the downside and fix above it will go up
Hi folks, it's my analysis on gold in 15min ,I believe that gold is currently exhibiting bearish bias on 4H.However , it's showing signals that indicate a potential completion of it's pullback before reaching lower price levels.
im looking for both side buy and sell, right now market approching buy side market
Morning Traders! This is everything I got for today 👀 Tbh nothing stands out, but what I see is that daily resistance was tested 4 times at this point. If we can get into a trade we might see it go lower then the zone. It’s Friday let’s keep things simple 🤝 Trade smarter, not harder! 💼📈 Don't miss out on potential gains - Hit that BOOST button if you...
Gold appears to be exhibiting a bullish momentum, evident in its formation of a bullish pennant pattern. With the breakout from this pattern, entering a buying position could capitalize on the anticipated upward move. However, prudent risk management strategies should accompany such trades to navigate potential market fluctuations effectively.
Considering the price structure in the current resistance range, it is expected that the price will advance up to the specified resistance levels and then witness the beginning of the downward trend. By crossing the previous floor range, the continuation of the downward trend will be confirmed If the green resistance range is broken, the downward trend will be...
Yesterday I had said that Gold's upward retracement is over. Price indeed fell to the 2153 level to form EQUAL LOWS. The lows must be broken. This is a heavy sign that Gold will be falling hard in the coming weeks/months. I'm bearish!
According to the current trend of gold, the price of gold has now dropped to $2158. Pay attention to my signals at any time to make the right choice from it. Gold price predicted to rise It is recommended to go long in the short term: go long around $2160 I will share trading strategies and trading ideas every day. Follow me in the channel at the bottom of the...
Price a approaching a strong support on the daily which could lead to a possible buy momentum. analysis of a possible buy explained in the video. Remember ; Risk Management very important.