✅As I expected, Gold moved towards the 🟢 Support zone($2,373-$2,353) 🟢.👇 🔔I expect Gold to move towards the 🔴 Resistance zone($2,450-$2,426) 🔴 (At least). Gold Analyze ( XAUUSD ), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will...
OANDA:XAUUSD Price continued the uptrend as we had advised in our previous chart analysis, however, as the price reached $2443 where many big banks and institutional buyers cashed out led price to drop significantly. However, we expect price to grow towards $2500 which area remain a next big bull run. Currently, both fundamental and technical indicates further...
In the gold market, the most commonly extended wave is wave 5. IMHO this chart most accurately gives a path. Chart pattern on weekly. I really like using higher time frames. DXY ( U.S. Dollar Index)
Before the much anticipated FOMC meeting market has fallen deep down to 2376 area and we have predicted this fall two days before. now there is a demand pressure in 2365-2370 area and if market breaches 2376 it can go upto 2420. support area : 2365 tp ; 2383 tp : 2393 tp : 2397 tp : 2407 tp ...
After falling below the support, it fell rapidly. It has now reached the support platform and the rebound resistance is near 2400. The probability of a direct rise is unlikely, so we continue to focus on shorting after the rebound. The lower support first focuses on the vicinity of 2378.
The current analysis indicates a bullish trend for OANDA:XAUUSD , provided it stays above the pivot line at 2410 as we mentioned before. The prevailing bullish pressure suggests that if trading remains above 2410, the trend will continue a strong upwards. The price is expected to rise to 2450, and stabilizing above 2450 could lead to a further increase to 2463...
Gold has experienced a pullback after hitting a record high on Monday, but it still maintains some upward momentum. Prices are hovering above the 2,400 mark, showing that demand for safe-haven assets remains strong. In addition, the fall in U.S. bond yields from highs has also provided support for gold. From a technical analysis point of view, gold prices show...
This idea is the follow up of my last idea which hit my take profit. XAU USD arrived at the 4 hour resistance line. I expect a retracement from here. Stop loss: 2382 Take profit: 2425 Follow me for live updates ;)
GOLD is showing us a strong reversal pattern and i expect a big drop as soon as we will break below the support area i highlited on the chart. This area acted as strong support zone, but this time i think we will see a break that could lead the price till the next strong reversal zone, around 2378. This is a good entry point to try a scalp long, but i will update...
Yesterday's trading idea was to sell gold at 2428-2433. The first target price is 2410. Today it also dropped to the target price as expected. Let me talk about the current market situation, pay attention to the downtrend line in the picture, I wanted to see this trendline continue to decline yesterday and then drop to 2380 or even lower, because after the...
This idea is a follow up after my short which hit my TP. I expect a retracement from here. The trend is still bearish. I expect a bigger move downwards after. Stop loss: 2360 Take profit: 2410
The lower in gold charges specifically triggered the USD to growth once more and the final strain become more than the energy of call for for gold. Selling hobby improved after the treasured steel did not regain the brink of 2,430 USD/ounce. Pressure to promote speedy World gold rate beneath 2,four hundred USD/ounce. The USD become supported after many US Federal...
Hello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze...
Good Morning Asia, A fantastic day yesterday for Gold. We saw the completion of our bearish cycle with price breaking below the HTF LOR in NY session. Today, I can see that price has now established a new H4 break which will be my frame of reference for todays trading. Here is a chart shot of the H4 range and what I project. Based on this frame, we can see...
Gold had a strong decline yesterday, creating bar D1 with a wide range and closing close to the bottom, showing strong selling pressure during the day. This down day officially closed below bar D1, creating a bearish pinbar that formed a false break above, thus confirming this false break. This is a technical factor that can cause Gold D1 to slow down and keep...
From the daily chart, the gold price is currently in an upward structure, and the trend is well maintained. The moving average system also shows that the gold price has not gone short. But the 4-hour short-term upward trend line has been broken. From the perspective of the golden ratio, the current support of the gold price is at 0.236. This adjustment is a...
The spot charge of gold on the arena marketplace this afternoon, May 22, stood at 2,414.7 USD/ounce, down 6 USD/ounce as compared to the morning session. Gold futures charge stood at 2,419.6 USD/ounce, down 5.6 USD/ounce as compared to the morning session. Thus, as compared to this morning`s buying and selling session, international gold reduced...
Current Pattern: Triangle Formation Gold is currently exhibiting a triangle pattern, which typically indicates a potential breakout. The triangle pattern is characterized by converging trendlines, with the price making lower highs and higher lows, creating a narrowing range. Breakout Direction: Downward The analysis suggests a probable downward breakout from...