Currently, I'm not favoring gold due to its lack of healthy price action characterized by abrupt bullish momentum without significant pullbacks. This has resulted in the creation of numerous Asian lows and imbalances below that need to be filled. Consequently, I'll wait for price to retreat and potentially reach a demand zone to sustain its strongly bullish...
Gold price (XAU/USD) retreats after hitting a fresh record high earlier this Thursday and trades just above the $2,200 round-figure mark during the first half of the European session, still up for the second straight day. The prevalent risk-on environment – as depicted by a generally positive tone around the equity markets – prompts some profit-taking around the...
According to my analysis Gold is continuing its bullish trend after making a 50% retracement. it broke its key resistance level of 2047 and now after a little retracement from 2070 resistance level it is heading towards 2150.
✔️GOLD is expected to rise ✔️Recommended to consider buying 🟢 Try to BUY🔼 all the Dips !!! ✔️Confirmation Buyer Limit Area 1815.35 & 1829.00 Zone 🔔 NEXT TARGET 1874.32 & 1890.87 Zone Trade active: Now try to go up with new buyers... ✔️Buy the dips!!!
#XAUUSD UPDATE Hi team, hope you are enjoying your trading journey and our trading ideas and analysis. We are here to share our analysis on XAUUSD. Gold is falling from long time and is falling through proper channel and now it reached it's most important level where we can see a bullish reversal trend. As gold sweep all of the orders and grab liquidity in...
Gold price (#XAUUSD) has faced mixed sentiment and sluggish US dollar ahead of the US inflation data. Despite the challenges, the progress on the US debt ceiling negotiations and optimism surrounding Asia have underpinned the #XAUUSD run-up. Technical analysis suggests that the upper band of the Bollinger on the daily chart joins Pivot Point one-day R2 and the...
Gold takes bullish momentum to prepare for the bearish movement. Double top is anticipated to happen as there's a strong resistance at the yellow line around 2046.842
Gold takes a leap after us fundamentals comes out negative with a lil bit of positive change, confirming the continuation of a breakout structure after the re-test. An anticipation of double top is kept and what comes after remain to be seen and tested
we are looking for gold buys gold today. Gold price was rejected 1984.90/1986.06 zone. This is an apparent area of resistance that we want to see broken. Planning on executing buys at 1986.50 we want to target a $2.00 move to 1988.5. Price is currently struggling but we do have high impact news around 10AM EST. that should have enough momentum to jump back...
gold entering, long postion.. dxy,, trending lower,, trading was taken buy, breakout from the value area,poc,, fib levels.. obsobtion..
XAUUSD - H4 - After a big sell off now we can expect a pullback on this pair as dollar eases off for now. Expect a rally upto 1740-50s before looking to take shorts again.
Reason to enter buy 1. weekly resistance 2. weekly demand zone 3. confluence resistance & demand zone 4. daily engulfing
Hi Traders, This setup got triggered yesterday and went straight into profits. Keep monitoring as we have NFP today and will come with a lot of volatility. If it does show signs of going down, then protect your profits or at least make sure you place Stop Loss at breakeven to protect your equity. Trade smart & Good Luck!
For those of you who aren't in this trade yet, there is an opportunity to enter on the pullback. Pay attention to the 1830 level and if it holds, you can place your buy there. Your stop loss should be placed below most recent low. GOOD LUCK! Gaspar_Trader
hi, I see pullback is done on Bull scenario, and there is good buy opportunity with good R:R trade well, Alex
GOLD struggled to break below 1800.000, possible strong bullish momentum
Gold bearish move seems to end @1765 or 1766 zone to the 1800 zone