after red line break,pick buy and hold 3week gold can go to near 2200 area (see filo 161%) don't pick sell ,,,if you have sell put sl=last high 1971 goooooooodluck
OANDA:XAUUSD continues to give up positions. Negative fundamental background gives itself and the price breaks the support of the pattern. Yesterday we prepared for it. What to expect from the price next? The fundamental data for today: Core Retail Sales - weak data Initial Jobless Claims -no data Philadelphia Fed MI - weak data expected Retail Sales -...
The Federal Reserve recently concluded a highly anticipated policy meeting, deciding to maintain the current benchmark interest rate at a range of 5.00% to 5.25%, aligning with market expectations. This unanimous decision, widely communicated by some senior members of the FOMC in recent weeks, indicates that policymakers remain consistent and agree on the...
Gold prices dropped due to weaker US dollar and rising bond yields ahead of the FOMC meeting. The monthly headline CPI for May was 0.1%, lower than the previous 0.4%, resulting in an annual rate of 4.0%, slightly lower than the expected 4.1% and the previous 4.9%. The core CPI was 0.4% in May, meeting expectations, and 5.3% compared to the same period last year,...
we can see box range , so in coming hour gold will explode advice= buystop above box range + buy near 1925 (for hold 3 week) and sell near 2020 wish you win , be careful from Sell on GOLD (it love buy)
Gold continues to decline, but the bulls are still holding the 1939 support area. A global triangle is forming, which shows us the pressure from the bears. The price continues to test 1939, but it cannot overcome the resistance, even when the fundamental data is released. Today's releases are: PPI (MoM) (May). FOMC Economic Projections FOMC Statement Fed...
The gold market continues to decline after the Fed's interest rate decision led to a revaluation of expectations, with a rate hike expected in July. The highly anticipated inflation report revealed a contrasting outlook for the US. While inflation has dropped to 4% annually, the core CPI, which excludes energy and volatile food prices, still runs at 5.3%, a...
Gold prices slightly increased today as the market anticipates the possible outcomes of the US CPI and PPI before the Fed's FOMC meeting tomorrow. Meanwhile, the US 10-year real interest rate continued to inch up slightly to above 1.5% with stable bond yields this week ahead of the significant monetary policy meeting and inflation data. The real yield is the...
Gold / XAUUSD has almost completed 1 month trapped by 1day candle closings inside the 1day MA50 and 1day MA100. The 1day MA100 in particular has served as the long term Support inside the wider Channel Up pattern since November 10th 2022. Apart from scalping the MA50-100 range, take advantage of the breakouts on the long term. Buy after a closing over the 1day...
Gold breaks the wedge resistance, prolonged consolidation above this figure forms a good momentum which can be used to open long positions. The price has consolidated above the descending wedge resistance for quite a long time. Since the session opening on Monday, we see a false break-down of 1954 and bullish momentum towards 1965. The market makes a retest...
OANDA:XAUUSD COMEX:GC1! I'm continuing my analysis on the GC/XAUUSD gold market, after reaching my TP last week, I'm expecting these potential scenarios mentioned on the chart. As you can see, we're in the liquidity zone, so all the possibilities are there, the market can do absolutely anything. In my analysis, all entries are based on a 1H time frame to...
We Can See That The Market Is In A Range, But After This Week is Finished The Price Will Start Its Move By Begining With The False Move Which Is a False Break out To The Up Side Taken Out The Buy Stops Then Go Lower For The Sell Side Liquidity.
Gold is testing sideways range support and several scenarios could develop from here. You have to be prepared for each one. At the same time, the dollar has stopped and is forming a triangle. A decline in the dollar will strengthen our gold. What to expect from the price? In that case, the chance of further declines will increase. But we have to understand...
Gold hit yesterday the HL trendline, which is the bottom of a Triangle pattern that has the R1 (1,985.50) as the Top, and is rebounding. This rebound was also made on the 1D MA100, the third time this happens in the past 10 days. The rise has already reached the 4H MA50 and turned both the 1D but more importantly the 4H timeframe (RSI = 49.565, MACD = -1.650, ADX...
according to my chart analysis #Gold #xauusd show strong signal to sell , target 1920 ; RR 1:6
Gold has been in consolidation between 1965 and 1954 for 24 hours. Numerous retests of the resistance line are formed. Most likely, the market is preparing for strengthening. False breakdown of the range support increases liquidity in the market and prepares the price for growth. A strong resistance 1965 is formed on the chart and a pre-breakdown...
Gold does not reach the key support of 1935. There is a false break of 1954, the support of the sideways range, followed by the formation of a prerequisite, indicating that the price is ready to rise. The metal strengthens to 1964 on Monday and thereby returns to the consolidation boundaries. The price consolidates above the support level by consolidation and...
technicaly big trendline under last low dont alow gold goes downer but personaly i belive soon or late gold will touch 1920(we must buy after pinbar come,hold it 2-3 week to new high) but if gold can break new trendline and last high,technical say it cn go to fibo61% let see AC indicator on gold daily(it can turn red if last high on chart not break) and net open...