HELLO TRADERS As, GOLD just tested a strong resistance zone 1570$ on fib its a new ATH i can see a FVG near broken resistance 2533 which it have to fill and grab liquidity to make a new all-time high 2600$ which we had mention in our previous analysis friends its just a trad idea shares Ur thoughts it help many other traders Stay tuned for more updates
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed " 123 " Impulsive Waves Break of Structure RSI - Divergence Bullish Channel as an Corrective Pattern in Short Time Frame Resistance Level
Fundamental Analysis The steady rise continued throughout the early part of the European session and took the commodity to a fresh weekly high, with buyers now looking to build on the upside momentum beyond the $2,525-2,526 supply zone. The US Dollar (USD) is struggling to capitalize on the gains recorded over the past three days and retreated from the monthly top...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed " 12 " Impulsive Waves Break of Structure and Retracement Demand Zone Bullish Channel as an Corrective Pattern in Short Time Frame CHOCH
Fundamental Analysis Gold prices struggled to capitalize on yesterday’s rebound from the $2,485 support zone and attracted some selling on Tuesday. However, the commodity held above the psychological $2,500 mark during the early part of the European session as traders appeared reluctant to place directional bets ahead of this week’s US inflation figures. The key...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
🌐Fundamental Analysis GBPUSD fell sharply after hitting a fresh weekly high above the 1.3200 round-figure resistance against the US Dollar (USD) during Friday's North American session. The GBP/USD pair fell as the US Dollar rebounded strongly following the US (US) Non-Farm Payrolls (NFP) data for August. The US Dollar Index (DXY), which tracks the value of the...
Fundamental Analysis Gold prices attracted some buyers for the third straight day on Friday and traded near weekly highs heading into the European session. However, the gains lacked bullish sentiment as investors opted to wait for the release of the key US Non-Farm Payrolls (NFP) report before placing any fresh bets. Meanwhile, rising bets for more rate cuts by...
☘️Fundamental Analysis Gold prices edged up in Asian trade on Thursday. A US jobs report showed on Wednesday that employment fell to a three-and-a-half-year low in July, raising expectations that the Federal Reserve will cut interest rates further in September, which in turn acted as a boost for the non-yielding yellow metal. Moreover, concerns about the health of...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
- Gold prices remained close to their recent all-time highs last week, driven by strong market sentiment and expectations of an interest rate cut by the Federal Reserve in September. This optimism follows comments from Fed Chair Jerome Powell, who suggested a potential policy shift, fueling speculation that the Fed may reduce rates by 25 basis points, with some...
Gold Futures Edge Lower on Profit-Taking as Market Awaits Fed Chair's Speech Gold markets remain relatively calm for now, but this is expected to change as the week progresses with the release of the latest Federal Reserve minutes and Fed Chair Jerome Powell's speech at the Jackson Hole symposium on Friday.
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Rising Wedge as an Corrective Pattern in Short Time Frame Break of Structure Completed " 123 " Impulsive Waves RSI - Divergence Demand Zone
🌐Fundamental Analysis: Gold prices fell about 1% as the US dollar and US Treasury yields rose sharply after US inflation data matched expectations over the weekend. However, given the Federal Reserve's September rate cut and geopolitical tensions remain a risk, gold still has plenty of potential support on a fundamental level. Gold prices closed slightly lower...
🌐Fundamental Analysis The British Pound (GBP) extended its two-day losing streak and hit a fresh intraday low below 1.3150 against the US Dollar (USD) in the North American session on Friday. The GBP/USD pair failed to gain as the US Dollar strengthened following the release of weaker-than-expected US Personal Consumption Expenditures (PCE) Price Index data for...
Gold fell after strengthening prospects of a soft economic landing Examining the trend in the four-hour time frame, gold has broken the triangle pattern to the bottom, and now, according to the decrease in the averages of the ALIIGATOR indicator, there is a possibility of a price decrease towards the 161.8% Fibo support at $2471.
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves Fibonacci Level - 161.8% Consolidation Phase as an Corrective Pattern in Short Time Frame Strong Resistance Level Break of Structure
Gold prices lost momentum amid a stronger US dollar on Friday. Upbeat US growth reports and initial jobless claims pushed back expectations of a deeper interest rate cut by the US Federal Reserve (Fed) in September, weighing on non-yielding bullion. However, escalating geopolitical tensions in the Middle East and the war between Russia and Ukraine could boost...