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Today, gold continues to maintain its shine primarily due to the decrease in the value of the US dollar. The DXY index has dropped from above 105 points to 104.5 points.
The increase in gold prices is also attributed to its close relationship with oil. The price of WTI crude oil rose by an additional 2% to $93.3 on the night of September...
Gold bulls after several attempts to push higher appear to be failing. Gold is now in danger of breaking down from a key area. While price within the channel is still considered bullish. Breaking it could lead to much lower prices. Caution is in order.
GOLD - Potential shark trading with HTF momentum, we have trapped liquidity below and a very large imbalance zone that needs to be filled landing on the D point of the shark, I'm looking for a LTF pullback in a zone of confluence before potentially entering this short down to the PRZ.
Let me know your thoughts!
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These ideas I never trade...
So, the price continues to move in an upward channel, which formed in late November - early December after the price broke through the support line 1806.93. After the breakout, it touched support 1768.05 and started to rise. As a result, this line of support became the lower border of the channel.
Last week, the price touched it at point 1858.13 and started to...
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P.S. I personally will open entry if the price will show it according to my...
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Gold returns to the upside after Marcus, the downtrend may head to $ 2015, the first goal in the event of breaking the resistance may head to another level, which is $ 2075.
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Here is the full analysis for this pair, let me know in the comment section below if you have...
Hello traders! Last Month was really amazing for gold as we achieved 1200 pips from Gold. I am looking forward to book more profit in Gold than my previous month.
Gold is at the support after breaking the support it will find its support @1932 and will retest 1942. When its going to retest we will add one more sell in Gold. Our Target is same which is 1892....
Welcome to this mid-term analysis of GOLD. Since October until mid February, GOLD traded within a bearish rising wedge. This pattern got a high success rate and is worth taking note of when it’s showing up on charts.
Once we fell out of the wedge, it happened with strength and volatility. Fortunately GOLD stopped where it should, the top $1200s. This zone was...
