Gold broke out of that range, giving a bullish indication after creating a lower high. We can look for buys above 2398 area with the recent highs in sight (2417) and overall high target of 2426.
XAUUSD is falling toward the pivot close to the 78.6% Fibonacci retracement and could potentially bounce off and rise toward a pullback resistance Alternatively, if price breaks below the pivot, it could continue to fall to another overlap support level Pivot: 2370 Support: 2346 Resistance: 2397 Risk Warning: Trading Forex and CFDs carries a high level of...
Gold prices fluctuate sharply up and down but follow a gradual upward trend and sometimes reach close to 2,400 USD/ounce. Geopolitical tensions in the Middle East tend to increase when Israel announces it will retaliate against Iran. According to Qatar's Al-Jazeera TV channel, a senior US official said that Israel could attack targets deep inside Iranian...
Based on the M15 chart analysis, we can see that the price has just bounced off our buy entry at 2381, which is an overlap support. Our take profit will be at 2394, which is a pullback resistance level close to the 38.2% Fibo retracement The stop loss will be placed at 2374, which is a multi-swing low support level. High Risk Investment Warning Trading...
FX:XAUUSD is trying to consolidate above 2365. This area is an intermediate bottom and plays an important role for the bulls in the medium term. The range of 2365-2400 is being formed. Idea of Apr. 16: GOLD → There's no limit to the bulls' activity. Support retest In general, everything is the same, but after a strong rally, the price makes a small stop...
🏃♂️ Gold is moving near the 🟢 Support zone($2,373-$2,363) 🟢 and the Resistance line . 🔔I expect Gold to rise to at least $2,405 after breaking the 🔴Resistance zones🔴 . 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...
currently gold is in a strong range consolidating between support and resistance, on higher timeframe gold is in uptrend, the analysis is for intraday/scalping, if price breaks above the resistance the target will be 2393.50, it it breaks below support target will be 2349, always wait for a clean breakout and wait for candle to close outside the range.
price is testing last big resistance $30 fomo buying and sentiment have reached its limit with resistance at $30 if this level don't breakout with big support news then silver may have peak, like it bottom in auugst 2022 light years ahead of fed first rate cut buy the rumor sell the news old trend of rate cut is over get ready for new trend of fiscal policy
Hello dear traders! Overall, XAUUSD is trading exclusively in a bull market. It has now leveled off after the market's previous surge in the growth channel, with a correction likely to test before further growth. The steady uptrend on the 1h timeframe remains stable suggesting a very positive bullish outlook with a continuation target at $2400. Accordingly, gold...
Gold prices surged above $2,400 an ounce as concerns about escalating tensions between Israel and Iran boosted safe-haven demand. Gold prices rose for a fifth straight week after unconfirmed media reports of explosions in Iran, Syria and Iraq. Rhetoric between Iran and Israel has intensified since last weekend's drone and missile attacks. Latest news According to...
WTI oil (XTI/USD) has made a bullish breakout through the pivot and momentum could carry it up toward the 1st resistance. Pivot: 84.86 1st Support: 81.01 1st Resistance: 87.77 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be...
Hello everyone! Today's Asian trading session saw another uptick in gold prices, with the precious metal rebounding nearly $10 after a sharp decline triggered by yesterday's news. Once again, gold failed to breach the $2400 resistance level. While the overall trend for gold remains bullish, it has retraced during the past week. Looking ahead to today, gold may...
Gold prices are making a modest recovery during the Asian trading session after finding renewed demand near the $2,380 level. The metal is capitalizing on a softer risk environment and the sustained dip in U.S. Treasury yields, despite recent hawkish comments from the Fed. Currently trading near $2,380, the daily chart suggests that the downward trend might...
Silver (XAG/USD) is trading close to a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 27.94 which is a pullback support. Stop loss is at 26.70 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level. Take profit is at 29.17 which is a pullback resistance. High Risk...
Today’s gold trading situation is as follows: 1.Xauusd: @2380.62 Sell, SL:2386 Loss: -$1614 2.Xauusd: @2388 Sell, TP:2372 Profit: +$ 9600 3.Xauusd: @2389.72 Sell, TP:2372 Profit: +$ 10632 To be honest, today gold first rebounded to 2392 and then started to fall, which caused our short position in the 2380-2382 area to touch SL: 2386. To...
DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 19 April 2024 Trade Idea 1 SELL LIMIT Order: $2376.98 Stop Loss: $2393.11 Take Profit 1: $2361.09 Take Profit 2: $2352.45 Trade Idea 2 SELL LIMIT Order: $2380.73 Stop Loss: $2393.11 Take Profit 1:...
Natural Gas Price Forecast | Oil, US Dollar, Silver, Gold Analysis
Gold as trading at 2382 with a noteable resistance level observed at 2405 should gold breach this resistance traders may consider pursuing the following targets 2426 to 2445 Alternatively should a sell pattern maniface to indicating a potentail down turm traders may anticipate the following support levels the initail support rests at 2359 followed by potential...