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HAMED_AZ
Feb 11, 2024 8:17 AM

XAUUSD 

Gold / U.S. DollarFOREX.com

Description

Hello traders ,what do you think about GOLD? Gold is in a sensitive zone. On the upward trend line and the support range that has caused the price to grow several times. Here, there are 2 scenarios that we consider the bullish scenario to be more likely. But if the trend line is broken and the price penetrates below the specified support zone, you can sell in pullback.
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Comment

Which scenario do you think will happen?

Comment

Which scenario do you think will happen?

Comment

CPI data will determine the direction of gold movement tomorrow

Comment

The trend line was broken and it is expected to fall to lower levels after the completion the pullback

Comment

After the release of CPI data, it fell to low levels. The first support will be the 2002 zone
Comments
copytradeliteforex
gold
buyy
for cpi
Mora_Institute
@ehsanscalper,
antontt
Gold is going down. I’ve been selling since the start of the year
Source_Sailor
in my opinion we gotta move a little to the upside before sellers step in. A little bullish on XAUUSD for these coming few days.
zeyad-alsiraj-04
In my opinion, I say it will come down.
Setupsfx_
Great to have a neutral view!
Forexlivesignal


Hello. Nice analysis. Thanks for sharing. Here is my view on GOLD. What do you think?
AliAsghariii
Are you kidding😂😂😂
Armada7788
I believe this is the correction, and the start of the bull move. The Federal Reserve is between a rock and a hard place with interest on 1/3 of the national debt coming due in the next 24 months, they will be very reluctant to raise rates.
ProdemoNL
Im also looking for long with stoploss few pips underneath the trendline. tp 1 next fib level around 2040
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