Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GOLD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments....
There are many factors affecting the market this week. Central banks of various countries will be the focus this week. The Bank of Japan and the Reserve Bank of Australia will announce their interest rate decisions on Tuesday, the Federal Reserve will announce their interest rate decisions on Wednesday, and the Bank of England and the Swiss National Bank will...
EURUSD broke through the 1.08700 support zone and formed a stronger downtrend. The next support zone is around 1.08400 and we are waiting for a retest to make a SELL signal with a long Take Profit. Besides, the trend line area is also supporting the bears.
Gold price (XAU/USD) stages a modest recovery from over a one-week low touched earlier this Monday, though remains in the red through the first half of the European session. The US Dollar (USD) continues with its struggle to gain any meaningful traction amid the uncertainty over the Federal Reserve's (Fed) rate-cut path. This, along with a softer risk tone and...
The economic data and central bank calendar will be jam-packed next week with a flurry of information that is likely to impact markets. Five central banks will announce their latest monetary policy decisions, with the Bank of Japan being the most interesting. The US dollar rallied on Thursday after the latest US PPI data showed growing wholesale price inflation....
Hello Traders! This is My idea related to Gold H1. The bearish sentiment is still strong for short positions, that's why I will look for a long entry after I see a small retracement. I expect a confirmation of closing a FVG on a smaller timeframe. Traders, if my proposal resonates with you or if you hold a divergent viewpoint regarding this trade, feel free to...
Gold futures price for delivery in April 2024 on the Comex New York floor decreased by 6 USD, equivalent to a decrease of 0.28%, to 2,161.5 USD/ounce. Information from central banks will take center stage this week, with interest rate decisions due from the Bank of Japan and Reserve Bank of Australia on Monday, the US Federal Reserve on Wednesday, Bank of England...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Bullish Channel as an Corrective Pattern in Short Time Frame RSI - Divergence Break of Structure S / R Level Bearish Channel as an Correction in Long Time Frame
1,2,3 flag for down movement ... is the main pattern forming a continuation pattern or it is ushering a reversal
Technical Analysis Chart Pattern: Identified a potential Quasimodo (QML) pattern, suggesting a bearish reversal. Indicators: Price has retraced to the Fibonacci 78.6 - 88.6 zone, a common area for trend reversals to occur. This confluence with the QML pattern strengthens the potential sell signal.
World gold prices increased slightly with spot gold increasing by 3 USD compared to last week's closing level to 2,161 USD/ounce. Gold futures last traded at 2,164.9 USD/ounce, up 1.3 USD compared to yesterday morning. World gold prices recovered slightly after falling to a one-week low on Monday as investors await a series of policy decisions from major global...
Greetings, friends! Curious about the golden gleam of the markets? Let's delve into the world of gold together! Yesterday, gold prices serenely glided through the day, unaffected by any major market waves in the absence of noteworthy news, with today's price cradling around $2160, signaling a soft resurgence. The $2145 mark stands firm as a pillar of support for...
The U.S. dollar index headed for its largest weekly gain since mid-January, making gold more expensive for overseas buyers. “We increase our average gold price forecast for 2024 from $2,095/toz to $2,185/toz, targeting a move to $2,300/toz by year-end,” Goldman Sachs wrote in a note
Hello everyone, On March 15, the gold market saw a surge before the rising US dollar and Treasury yields nudged its price down from the peak. Gold is now around $2163 USD, against a mixed US economic backdrop. Retail sales increased by 0.6% in February 2024, below the 0.8% expected, while the core PPI stayed at 2%. Speculation is that the Fed may be more...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed " 12 " Impulsive Waves RSI - Divergence Consolidation Phase Bearish Channel as an Corrective Pattern in Short Time Frame Break of Structure
☘️After peaking at 1,282 USD/ounce, the world's gold price today, March 13, was sold very strongly when inflation in the US increased slightly and the USD increased in value compared to many other foreign currencies. Gold prices reversed sharply today after the US announced data related to inflation that was slightly higher than forecast. Specifically, the...
World gold prices decreased slightly with spot gold down 12.1 USD to 2,161.4 USD/ounce. Gold futures last traded at 2,166.5 USD/ounce, down 14.3 USD compared to yesterday morning. World yellow metal prices reversed and decreased slightly in the trading session on March 14 (US time) when the market received more inflation data that was not as expected. The latest...