Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
Still holding sells on XAUUSD. Dollar strength is getting abnormal mass bullish sentiment, which sets the market back into risk off regime and thus dollar long plays have become the thing to capitalize off of.
EUR/USD has shown a significant upward trend, surpassing the key level of 1.0650. This upward movement was primarily driven by a shift in risk sentiment, with investors moving away from safe-haven assets, thereby weakening the US Dollar. The Relative Strength Index (RSI) on the 4-hour chart indicated a recovery towards the 50 level, signaling a reduction in...
The fear and anxiety prevailing in the global community regarding the next stage of tensions between Iran and Israel have led to cautious and conservative performance regarding the yellow metal. Since our last analysis on April 10th, Gold has only managed to touch the first upside target of 2410.73 weakly twice, with the second time being today after reports of...
XAUUSD Setup | H1 Time Frame - This Setup indicates as Educational Purposes - Supports level at 2374.00 - 2360.00 - 2333.8 - 2319.152 - Resistance level at 2397.00 - 2413.00 - Circles Indicate the consolidation area - Grey Area Shown as Gold will be in that zone Gold Retest the 2397.00 Area in this case if gold break that point we will further see on...
✅GOLD is trading in an uptrend Along the rising support line Which makes me bullish biased And the price is already making A bullish rebound from the support So a further move up is expected With the target of retesting the level above at 2403$ LONG🚀 ✅Like and subscribe to never miss a new idea!✅
we made almost 460 pips from our area on gold by 2-3 positions a day on NEWYORK session last week with just 3 SL . after all of happenings on last week now we have some plan to trade gold this week. we trade on newyork session by our new area and i wish more profit from last week. "Using the data we get from the gold weekly chart and my special calculation...
Good morning Traders ☕️ As we saw with the BTC/USD and Forex market the same counts for gold, the market is uncertain. This is due to war, inflation and some other factors slowing the bulls down. GOLD is no exception to this, we could potentially see either a bullish or bearish out break coming very soon. This break out will hopefully be upwards and this could...
Although the dollar and US Treasury yields rose as US retail sales rose more than expected in March, tensions in the Middle East boosted safe-haven demand, and at the same time, the market Expecting that the Federal Reserve will be able to delay interest rate cuts this year, gold prices did not extend last week's decline but continued to increase. Iran launched...
OANDA:XAUUSD remained steady as safe-haven demand due to ongoing tensions in the Middle East offset weakening expectations of a US interest rate cut this year. Data on Monday showed U.S. retail sales rose more than expected in March. Yields on 10-year Treasury notes rose for a second straight session, with rising bond yields putting pressure on gold as they...
KOG REPORT: In last week’s KOG Report we said we said the correction in gold was likely going to be profit taking and we were not ready to suggest it’s bearish as yet. We suggested that resistance may hold during the early part of the week and if it did, we felt the opportunity to short the market back down into 2330-35 and below that 2310-2295 would be...
Hey Everyone, Please see our updated 4h chart levels and targets for the coming week. We are seeing price test 2389 weighted level on market close with already a new body close above this level opening a gap to 2410 but will need ema5 lock to confirm this gap further with also an extension to 2429. We also have bearish support target at 2354 and will need to...
Barrick Gold, NYSE:GOLD , a prominent mining corporation, has recently achieved a noteworthy milestone by reclaiming a critical trendline on the weekly chart and stabilizing between the 78.6% and 88.2% Fibonacci retracement levels. Our initial investment was strategically placed at $14.77, located within the highest volume area observed since 2008 according to...
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...
Hello traders, I want share with you my opinion about Gold. Looking at the chart, we can see how the price some days ago reached the buyer zone, which coincided with the 2285 support level, and in a short time broke it. Then XAU made a retest and even declined to lower the 2285 level to the support line, after which turned around and made a strong upward impulse...
Hey Everyone, Please see our updated daily chart idea after successfully completing our last daily chart idea. We are currently seeing price test the updated Goldturn ascending channel top. We are likely to witness either a break above the channel or some resistance and some correctional retracement for a level to level bounce back up to continue to extend the...
Hey Everyone, This is an update on our weekly chart idea that we have been tracking and trading successfully over the last few months and currently still being respected. So far we were able to track the entre move up and down twice with level to level tracking and our long term swing range zones have also provided the bounces each time. LAST UPDATE Last week...