Gold in a favorable position, unlike the dollar, is likely to make another uptrend after correction from this level to the set resistance level.
Gold continues to trade slightly above the key technical level at 1835 USD. We continue to maintain a bullish view on XAUUSD. However, we would like to voice a word of caution as there is a FOMC meeting this week which may present itself with increased volatility in precious metals. Investors will get more clues on upcoming rate hikes and economic tightening which...
On 3rd January 2022 gold dropped to 1798.380 USD which coincides with price retracement towards its 20-day SMA. Price halted its decline slightly above this technical indicator and then reversed back up. In our view this is very bullish and odds for a bullish breakout above the neutral zone (between 1750 USD and 1835 USD) are increasingly growing. We still remain...
Gold is holding above $1800 on the weak US dollar. The yearly inflation surged by 7%, the highest level since June 1982. The US dollar index hits multi-week lows at 94.62 despite the hawkish Fed. It regained above 95 level due to catch up in US treasury yields. Gold hits an intraday high of $1822.91 and is currently trading around $1822. Global stock market-...
On higher timeframe Gold XAUUSD is consolidating and is reaching a point of possible breakout. Gold (XAUUSD) has been consolidating and has been trying to breakout of 1828-1830 level bit last week it failed to do that. Now because there is a lot of liquidity above 1830, Gold can try to create a fake breakout to the upside. So make sure you watch this level and...
Hey trades today I want to talk about GOLD FUTURES chart Gold has made another run for hgihs, but is facing resistance I think meybe going up to 1820.7 This is an article, not financial advice, always do your own research. If you have any questions, you can write it in comments below, and I will answer them. And please don't forget to support this idea with...
Don't Miss XAUUSD Breakout, You will Regrate Letter Don't Miss XAUUSD Breakout, You will Regrate Letter Don't Miss XAUUSD Breakout, You will Regrate Letter
On hourly chart you can see double bottom formation. Breakout levels are mentions in the chart.
During the summer 2021 we expressed our belief that gold would end up trading within the range between 1750 USD/oz. and 1835 USD/oz. for an indefinite amount of time. We also noted that the bullish trend of higher degree was weakening and becoming neutral. Currently, gold trades slightly below 1800 USD/oz. Despite gold's sideways moving price action we continue to...
Weekly, Daily And H4 Analysis Bearish Momentum Coming . OANDA:XAUUSD Stronge Sell
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This is my next update on GOLD,which is consolidating for its 4 th wave,3rd Leg.(FLAT CORRECTION) 3 or C wave will bring this yellow metal to 1446 levels before MAY2022
Once the great ressistance of 1868.80 has broken, be prepared for a rise in gold which may surpass that month's 1888. currently the market is encompassed in an ascending triangle and we are waiting for the resistance to break to take a position in BUY, We are in H1 and we still have to wait to see what the price will do before defining our type of order
Gold ready to up? We are waiting for a break the support with the volume, we are buying, to target the next resistance
Gold oppotunity for next hours, Take care of your risk management.
Please take care of your money management and your scaling methods
Price is holding the 0.236% fibo level as resistance, and we are looking for the downside to continue into the -27% extension support at 1750. The RSI is also holding below the 50% level, and we anticipate the downside to continue.