Comments on gold trends on November 3rd #XAUUSD continues to wait for a buyout. XAUUSD h1 price is still moving sideways within the 1975-1990 range, but today gold prices may fall again to his 1975 support zone, then reverse and rise again . Currently, a trader can wait until he buys gold around 1975, SL: 1968, TP: around 1990. Gold rose along with the U.S. dollar...
Gold Detailed Analysis – November 2nd 📍Current price: 1986 - 🎯Forecast drop: 1974-1964 ✅Reference: (Priority sale) 🔴 2004-2008 Price Range Sale (Sales: 2012) ♻️ Gold may not fall soon, the Israeli military announced yesterday that it had breached Hamas' defense lines in the northern Gaza Strip. Russian forces attacked the human resources and equipment of the...
Yesterday, Gold went up to test near the old peak of 2010. According to yesterday's analysis plan, I determined that gold would prioritize retesting the old peak and buy around the 1993-1994 area to match TP. When the price tests the old peak and the downward momentum still maintains and is heading to retest the MA 20 frame D. Currently, the priority is to sell...
💥XAUUSD Analysis as of October 31st💥 - Yesterday's session saw selling at the high and buying at the low. -Today's session is about buying and selling 🔴There was no strong news regarding the US dollar yesterday. The main factors that affect the price of gold. Most of the news supporting gold prices seems to be about tensions in the Middle East. 🔴According to...
As the war intensifies, all technical analysis at this point may simply need to follow the signals Fomo should follow. That's why I only focus on support and ignore resistance. Trading plan: ⭐️After purchasing, it is safest to feel anxious and wait before purchasing⭐️ Support areas to consider: 📍 Next Fomo Support 02-98: This is a controversial index area from...
Gold Analysis October 27: Gold maintains position Fundamental analysis: Gold continues to perform well and yesterday was no exception. From 1992 he saw prices decline until 1972 and then rise until 1988. The US GDP in the third quarter was a very impressive 4.9%, much higher than his 2.1% in the second quarter. This shows that the US economy is still very...
Gold Analysis October 27 About the news corner: Note the US Core PCE data Gold declined to near 1970 yesterday after the United States announced a series of important economic data better than expected. But then gold rebounded when geopolitical tensions showed signs of escalating. Today, investors should pay attention to the US Core PCE data scheduled for...
💯UPDATE YELLOW PLAN DAILY: 👉 Gold prices rose in Wednesday`s trading session due to continued conflict in the Middle East, while investors await US third quarter GDP data today and the personal consumption expenditures price index (PCE). ) of the US on Friday for more clues about the Fed's interest rate policy path. If interest rates are higher, it will increase...
GOLD, XAUUSD, GOLD MARKET ANALYSIS ON OCTOBER 26 📍 Current price: 1984🎯Expected Increase: 1964-1947 ✅REFERENCE: (PRIORITY FOR SELLING) 🔴 SELLING AROUND THE PRICE AREA 1982-1985 (Sale: 1989) 🔴 SELLING AROUND THE PRICE AREA 1990-1995 (Sale: 2000) ♻️During the US session yesterday, as soon as news was announced, "US media said Israel had agreed to postpone the...
. Yesterday, the market produced a doji-shaped candle at bar D1 with a short candle body and his two long candle shadows. We've seen some very intense battles between buyers and sellers. In the past two days, the gold price has reached the major selling threshold from 1978 to 1980, and if the price breaks through this threshold, it will be very dangerous. ,...
According to my personal opinion, the market on October 25, 2023: After 55 important rhythms like yesterday and a sustained wave of around 7 times, which is more than 2/3 of the recovery wave, the rising wave is likely to continue throughout the day. Trading plan: “Buy and wait until you buy” still applies. Need to be aware of support milestones Although the...
Gold Analysis October 24: Key Resistance Zones 2000 - Fundamental analysis: Gold enjoyed another week of impressive price increases between 1932 and 1997 due to risk aversion due to the escalation of the Israeli-Palestinian war. Approximately 6,000 people have died on both sides, and that number is likely to rise further in the near future. The United States...
GOLD TREND ANALYSIS September 24, 2023 Gold has a slight decline although yesterday`s DXY index fell quite strongly, but it did not cause gold to be supported but only maintained in the 73-79 area. However, it still hasn't really broken through the 73 zone. This morning, DXY is still under pressure and gold has leveled off. There is a possibility of going...
October 23rd: XAUUSD awaits buying later in the day. due to the effects of war The main trend for XAUUSD is still up. In the short term, gold may return to the 1950 support zone before finding its next direction. Currently, traders must wait for further short corrections in gold for the best buying opportunity. ✅Reference: (Priority sale) 🔵 Purchase in the...
👉 Gold continued to be a strong bullish candle yesterday without any major corrections, with the price retesting the previous breakout zone of 1945 and then surging back to the expected zone of 1985. 👉 In the second half, prices remained within the short-term moving average band, extending the bullish momentum. The 1982-1985 zone is a strong resistance zone. If...
Gold Analysis October 20: Dovish Fed supports gold prices - Fundamental analysis: Gold support soared to almost $1980 yesterday as geopolitical tensions escalate. In addition, the Fed's "moderate" statement also led to a surge in gold prices. Fed Chairman Jerome Powell said the policy is hawkish and that the Fed will be "cautious" in making policy decisions. He...
Federal Reserve Chairman Jerome Powell said that although inflation has cooled, the Fed remains committed to achieving its 2% target. In a speech in New York on October 19, Chairman Jerome Powell acknowledged that tightening policy had brought inflation back under control, but stressed that the Fed must remain cautious in pursuing its goals. . “Inflation remains...
The world war situation has not cooled down and many powers such as Russia, America and China are showing signs of getting involved. This is why I firmly believe that gold will increase in the long-term trend, let's see. Consider my analysis for today. Gold analysis: - The drop in gold prices from $1,962 to $1,938 could be a sign of seller participation. - All...