Based on the given market data, the XAU (Gold) is currently priced at 1930.0 USDT. On the 4-hour chart, it has an RSI of 86 which is well above 70, indicating that it is currently overbought. The MACD of 16.09 also suggests a bullish market. The Bollinger Bands at 1881.0 and the support levels at 1882.0, 1863.0, and 1805.0 indicate a strong buying pressure. The...
In this chart everything is vivid that gold become 3 top structure and if gold came to 1946 to 1952 gold getting dump asap to fill gap between 1833-1844 it is probably being this month
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Some days ago price entered to falling channel, where it first declined to $1880 level, which is located inside from resistance area. After this, Gold broke this level, made retest, and continued to fall until to support area, which coincides with $1820 support...
Hello,Traders! GOLD is going up just As I predicted but will Soon hit a horizontal Resistance of 1893$ And after that we will Be expecting a local Bearish correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Looking for price to run lower and stop sellers out to give a clear long entry before the draw on liquidity!
✅GOLD broke a resistance Of 1856$ and went up so We think that it is now Overbought thus, after It hits a resistance of 1890$ A correction is likely to follow SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hi folks today I'm prepared for you Gold analytics. After the price bounced from the trend line, it tried to rise, but failed and started to decline, and firstly Gold declined to the 1875 resistance level, which is located inside the resistance zone. Also, the price broke the trend line and in a short time, Gold broke the 1875 level too, and even made a retest,...
After breaking through the $1,900 support level in the latter half of the year, gold accelerated its descent, reaching an ideal correction level at approximately $1,810, as per the Fibonacci 0.618 retracement. In tandem with the rise in risk perception leading to increased demand for commodities, the gold market witnessed a gap-up opening. The price per ounce of...
Hello,Traders! GOLD broke a key horizontal Level of 1854$ retested it And is going up again now So I believe we will see A bullish continuation Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
We saw gold gap up which I believe needs to be closed, with a drop down to support around 1834, but may go further. The Israel Palestine conflict caused the buying of gold, however as a non-yield bearing asset it's less attractive than USD, and a strong USD is bad for gold, so I think we may even see a fall back down to the bottom of the channel at 1800. If it...
The price went down to the weekly support on this drop. The weekly support held the price and the price reversed from there. Unfortunately missed to notice this drop to the weekly support and could not position myself. However, the price may go at least up to weekly resistance 1915-1925. Therefore if the price pulls back close to the weekly support again before...
✅GOLD is going up just As I predicted in my previous Analysis but now a local Horizontal resistance is Ahead at 1860$ from where A local pullback is to be expected SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Macro Monday 15 Gold Performance During Recessions vs S&P500 With the U.S. Treasury Yield Curve being inverted since July 2022, many leading analysts believe that the U.S. economy is headed toward a recession in coming months. Many of the charts covered on our Macro Monday releases are signaling some recession concerns (not confirmations). With this in mind, we...
XAUUSD bounced from support Where do you think it is headed next?
Hello dear traders . With broken Gann Box 0.5 Fib it is logical to retest 0.5 fib level befor collapse . But with momentum of market and future fundamental prediction , it is expected to move upward to 0.618 ( price about : 2222 $) monthly Gann Box level within Aug.2024 period . 2nd scenario is retest 0.5 Gann Box level befor tollal collapse . it could be retest...
Gold showing us exactly what we want to see from our secondary US pairs a bullish range with a gap at the top now gold is slightly different to our other US secondary pairs as price action has stayed above the gap since creation rather than falling below the gap so in turn we have gapped higher with gold rather than gaping lower like the rest of our pairs now...
Hi Traders,I hope you had a good time. My previous analysis on gold worked correctly in the 4-hour time frame and we saw the gold price pump. Currently, gold needs to go down in lower time frames to collect liquidity. Short stop I'm on gold in the chart. If you like this analysis, please don't forget to like and follow.
Hi Traders,I hope you have good time.Gold is supporting after a heavy drop. It has created imbalances in the multi-time frame that the price wants to fill. My order will be opened at the indicated price. This position has a good R/R. If you like it, please like and follow.