✅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...
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 managed to create a New All-Time High(ATH) at the beginning of the week. 🏃♂️Currently, Gold is moving near the 🔴 Resistance zone($2,450-$2,426) 🔴. 🌊According to the Elliott wave theory , Gold has succeeded in completing main wave 5 by the Ending Expanding Diagonal . 💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) trades lower on Wednesday after pulling back from a recent high. The Federal Reserve (Fed) has expressed the need for stronger evidence of easing inflation before considering interest rate cuts, implying that rates will likely remain higher for an extended period. This could...
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...
Yesterday and today I have been emphasizing that gold will point its sword at the 2395-2390 area, and 2390 is coming. Unexpectedly, gold fell more than expected, touching around 2382. We shorted gold today near the 2418 and 2413 positions, hitting TP: 2407 and 2401 respectively. The profit in these two transactions was more than $11K, which is a pretty good...
Gold fell back to around 2405 as expected. Our short gold position today near 2418 ended up hitting TP again. It was a very good trading experience. In fact, as long as you follow me, you will easily find that I have recently reminded you to focus on shorting gold.In particular, the previous article reminded: short gold, and aiming at 2395-2390. Judging from...
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.
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...
Gold's 30-minute moving average crosses downwards, and the 1-hour moving average also begins to turn. Gold still has room to go down after falling below the support of the 2400 integer mark. As long as it rebounds to around 2400 in the U.S. market, it can continue to sell.
World gold prices continued to decline sharply with spot gold down 42.7 USD to 2,378 USD/ounce. Gold futures last traded at 2,382.1 USD/ounce, down 43.7 USD compared to yesterday morning. The world precious metals market continues to be pressured by the policy stance of the US Federal Reserve (Fed) after the meeting minutes ended earlier this month. According to...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) continues to decline due to the Federal Open Market Committee (FOMC) minutes being interpreted as more hawkish. This has limited the upside potential for gold. The cautious approach of the US Federal Reserve to maintain its restrictive policy for longer has boosted the strength of...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) loses recovery momentum due to lack of fresh catalysts in a quiet session. However, renewed demand is supported by bets on interest rate cuts from the US Federal Reserve, geopolitical tensions, and strong demand from central banks and Asian buyers. Traders will focus on Fedspeak and...
GOLD is moving in an ascending channel, move to the resistance level and We expect a decline in the channel after testing the current level. Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GOLD I still did my best and this is the most likely count for me at the...
Today we have made very good profits in both long and short gold transactions. First of all, we went long gold near the 2412 position today. Gold successfully hit TP: 2423 during the short-term rebound;When gold hit resistance near the 2434 position, we then shorted gold near the 2432 position and once again successfully hit TP: 2420. In today's transaction, I...
Gold prices decreased because US government bond yields increased after the Fed meeting minutes. Gold prices fell sharply when US government bond yields increased and the greenback appreciated. The 10-year US government bond yield increased 2 basis points to 4.43%, while the DXY index increased 0.19% to 104.82, an obstacle for gold. FOMC minutes showed that Fed...
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...
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