In light of the inherent instability accompanying geopolitical conflict, gold has historically served as a favoured haven for investors seeking a refuge of stability. Notably, gold has witnessed a marked upsurge in value since the preceding week, with indications suggesting a continued ascent. Turning our focus to the first-half analysis, we can delineate two...
Gold is back in the buy zone, from now on gold averages on bullish side and makes highs, After a long downfall now gold is trending buy. We have created many positions and trades are active. Manage your own risk.
⚡️Gold spot trims losses, trading at $1866.44, after US Treasury bond yields retract from multi-year highs, causing the USD to weaken. ⚡️US GDP for Q2 meets expectations at 2.1%, with inflation dropping to 1.7%, below the previous 3.9%, indicating economic stability. ⚡️Federal Reserve officials hint at potential further rate hikes if inflation progress stalls,...
⚡️Gold hit 6 month lows Wednesday as the $1,900-an-ounce support in place since early August crumbled amid a continued flow of investment money from the yellow metal towards the dollar and Treasury yields. ⚡️US bond interest rates increased by 4.6%, the green currency continued to receive support from the Fed, plus the fund sold off nearly 5 tons of gold,...
Gold prices see a recovery, achieving gains of 0.25%, driven by a reversal in US bond yields, with the 10-year note coupon dropping from a 16-year high of 4.51% to 4.44%. Federal Reserve officials express a cautious stance, emphasizing the need for patience despite the necessity for further rate hikes to control inflation. The US Dollar Index (DXY) continues to...
Gold price is challenging the critical support-turned-resistance at $1,925, which is the meeting point of the 21- and 200-Daily Moving Averages (DMA). A firm break above the latter is needed to unleash additional recovery toward the 50 DMA at $1,930. Further upside will hinge on acceptance above the 50 DMA, with eyes on the $1,950 barrier next.
I recommend you to sell Gold at this levels as you can see we have a nice price action we have a good pullback on key level so it looking for continue pushing down
☑️Broke the structure on the D1 timeframe ☑️Broke the structure on the 4H timeframe (confirmation) If we break the market structure down on the 4H timeframe, we we'll go a little lower before drop, but if we break the red level on the D1 timeframe, the analysis becomes invalid🙅♂️ Good luck 🙌💪
Congratulations to all .as i told before the market was looking for continue pushing down as a result some key levels and Market structure. HAPPY EID
I recommend you to sell GOLD as you can see the market reach the trendline also the key level of the week, so we see a big rejection to continue pushing up
This is my final update to the long trade on Gold I have been tracking. We got the bounce exactly from 0.886 as indicated in my previous post and we got an approx. 1.7% move but it failed to go any further. Although the setup is successful as we have already got 2+ % bounce earlier from it and we were expecting the type 2 bounce form the harmonic would give us a...
i am watching gold still sell if break 1940 level then confirm more sell if break upside level 1991 then maybe trend change upside
Hey Everyone, This is the daily chart idea that we have been tracking over the last few months level to level. We updated this area with the next set of potential movements and then we use our smaller timeframes to track and trade the movement. We are now seeing price target towards the retracement range with still room for 1927 to complete the full range of the...
I recommend to you to sell Gold at this levels as you can see , the market around strong key levels , it looking for pushing down also we have a good and classic set up to short
Gold/XAUUSD: Gold officially breached the key level of 2000, signaling a potential downtrend. The recent formation of a strong resistance around the 2040-2050 resistance range further strengthens this bearish outlook. Our initial target for this downward move was set at 1950, a critical support level that holds significant importance in the market. Should Gold...
we've broken out of a nice structure we've seen price consolidating in for some time now, our first area to target will be the 2002 area and then after we break through 1998 im looking for a continuation move to the Downside of the 1951 area if gold continues to move down we can look for the Previous Higher time frame Lows to be back tested and Respected as...
the gold price already complete the 5th wave and also reach to the strong supply zone and the form of gold chart is likely triple tops to many confirmation for sell potential, i expect the drop to the 1830 levels for correction.
Here is my intraday analysis for Gold: the market is steadily growing, perfectly respecting a rising trend line. Ahead I see 2 resistances. From one of those, a bearish movement may initiate. To confirm that, I would look for a bearish breakout of the trend line. 4H candle close below that will confirm a breakout. A bearish movement will be expected...