Gold creates Double Top pattern it will go down after the double-top pattern will confirm TRADE PLAN: ENTRY AT 2316 TP1 2301 TP2 2285 SL 2335
Hey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are seeing price test 2393 on market close last week with a candle body close gap to 2408 weighted level. We will need to see ema5 lock to further confirm this. We will need to see ema5 lock above 2408 to further open the range above or a rejection will follow to find...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed Impulsive Waves " 12345 " Break of Structure and Retracement RSI - Divergence Rising Wedge as an Corrective Pattern in Short Time Frame CHoCH Pin Bar as Trend Reversal
Gold Price: Current Pricing, Prices Chart & Rate Graph 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....
This can be the optimistic scenario, but an ascending triangle always need volume increase. High volume increases may bring these levels. * What i share here is not an investment advice. Please do your own research before investing in any asset. * Never take my personal opinions as investment advice, you may lose all your money.
Gold stays in a consolidation phase below $2,300 after reaching a new record-high above this level earlier in the day. The benchmark 10-year US Treasury bond yield holds steady above 4.3% ahead of Fedspeak, limiting XAU/USD's upside. Gold price (XAU/USD) retreats after hitting a fresh record high earlier this Thursday and extends its steady intraday descent...
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....
Dive into the Glittering Abyss of Gold! 🌟💎✨ 🚀 Brace yourselves, fellow traders! It's time to delve into the shimmering world of GOLD! 🌟 With XAUUSD commanding the stage, let's navigate through the highs and lows of this mesmerizing market. 💰📈 🌐 As the golden bull charges forward, breaking records like never before, it's crucial to stay vigilant amidst the...
Gold price (XAU/USD) enters a bullish consolidation phase during the early European session and oscillates in a narrow band around the $2,260$2,265 region, or a fresh record high touched this Monday. Gold price (XAU/USD) enters a bullish consolidation phase during the early European session and oscillates in a narrow band around the $2,260$2,265 region, or a...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Bullish Channel as an Corrective Pattern in Short Time Frame and Long Time Frame RSI - Divergence Break of Structure Completed " 12345 " Impulsive Waves Resistance Level
Gold retreated to the $2,180 area after facing rejection near $2,200 during the European trading hours on Wednesday. With the benchmark 10-year US Treasury bond yield edging lower toward 4.2%, however, XAU/USD regained its traction and rose above $2,190. On the flip side, any corrective decline is likely to find some support near the $2,164-2,163 area ahead of...
"Investors are eyeing an opportunity with a target price (TP) set at 2209, coupled with a stop-loss point at 2177.500, indicating a strategic approach to managing risk and maximizing returns in the market. This vision suggests a calculated investment strategy, where traders are aiming to capitalize on potential gains while mitigating losses. The decision to buy is...
Following a quiet Asian session, Gold turned north and advanced to $2,180 in the American session. Although the benchmark 10-year US Treasury bond yield stays in positive territory above 4.2%, the selling pressure surrounding the USD supports XAU/USD. The daily chart for the XAU/USD pair shows that bulls retain control. The bright metal develops above all its...
Dear friends, gold fell back again after hitting near 2181 during the rebound, and is currently trading near 2175. My trading idea today is very simple. First of all, the rhythm of short trading is still maintained overall, but the short-term level constitutes a head and shoulders bottom pattern, so in terms of trading, we first go long gold, and then short gold....
Dear friends, gold reached a record high of 2222 after the interest rate decision last week. However, as the U.S. dollar index rose again, gold fell off a cliff. Judging from the candlestick chart, although gold touched a high of 2222, we can see that the entity closed below 2195 on the daily chart, so this is obviously a sweep. Then there is no reason for gold to...
Gold , known as "the safest hedge against inflation" is looking promising with the current banking crisis occurring. People are scared of banks and see Gold as a safest investment as a store of value without relying on the banks or without having USD. Some economical factors that influence the price of GOLD with the current inflation at 5%: -Inflation hedge: As...
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 retreated marginally from all-time highs as US T-bond yields edged higher. Near-term technical outlook shows XAU/USD is still overbought. The Fed will announce policy decisions and publish the dot plot this week. On the flip side, the $2,178-2,180 region now seems to have emerged as an immediate strong barrier, which if cleared should allow the Gold price...