Hello everyone! Let's chat about gold, shall we? What do you think will happen to gold in the near future? Looking at the charts from last week, gold took a slight dip, but the long-term outlook remains quite positive. It bounced back beautifully from the trendline, like an athlete clearing a high jump with ease. As long as that trendline holds strong, I believe...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Bearish Channel as an Corrective Pattern in Short Time Frame. It has completed " 12345 " Impulsive Waves and Making its " A " Corrective Wave. We have Break of Structure and Completed the Retracement and we have Strong Divergence.
Hello dear friends ! Yesterday as we expected, gold fluctuated and fell sharply until 2013 USD and completed the selling target as mentioned before. However, the price quickly returned to 2033 USD like the previous days and continued to stabilize around this area. The yellow metal's upside could be limited by the possibility that the Fed may not start cutting...
Hello everyone, what do you think about the price of gold? Today gold does not have too many fluctuations, mainly around 2030 USD and the trend is still stuck in a downward trend! About gold trading strategy: -On the analysis chart, gold is limited below the resistance level of 2036 USD and confluences with the two EMA lines, so the downtrend is even more...
The price is trading within the descending channel. I expect gold may test the resistance, liquidity is in the area 2040-2050. and rollback and go down to retest the support level. MY goal is the support level at 2020-2015
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed " ABC " Corrective Waves and " 12 " and making " 3rd " Impulsive Waves. Bullish Channel as an Corrective Pattern in Long Time Frame with the Breakout of Lower Trend Line and Bearish Channel in Short Time Frame and Rejection from the Upper Trend Line.
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.
World gold prices were relatively stable with spot gold down 5.3 USD to 2,023.5 USD/ounce. Gold futures last traded at 2,029.3 USD/ounce, down 3.7 USD compared to yesterday morning. World gold decreased slightly in the mid-week trading session as investors were waiting for US inflation data to gain more clarity on the US Federal Reserve's (Fed) interest rate...
Hello, my beloved friends! 💖✨ Today's meetup is as dazzling as a glint of gold! Gold today is doing what it does best: keeping our eyes glued to its every move! Trading around 2028 USD, it took a leap just as we anticipated yesterday, after a thrilling retest party at the Breakout area and the EMA ribbon. 👀📉 Let's chat prospects: On the 4-hour chart, gold is...
Hello dear friends, it's great to meet you again for a discussion on gold today. Currently, gold is trading around the level of $2032 in the early trading session and showing a slight recovery after a price correction following a drop to $2017 at the end of yesterday. The precious metal has successfully broken out of the support level at $2033, and on the chart,...
World gold prices stabilized with spot gold increasing 1.3 USD to 2,028.8 USD/ounce. Gold futures last traded at 2,036 USD/ounce, up 2.5 USD compared to yesterday morning. The world gold market stabilized as investors remained cautious ahead of US inflation data to be released later this week. The data is expected to provide more detailed information about the...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Bearish Channel as an Corrective Pattern in Short Time Frame and Rejection from Lower Trend Line and Daily Demand Zone. Completed " 12345 " Impulsive Waves and making its " A " Corrective Wave in a Corrective Pattern " Rising Wedge " in Short Time Frame
Hello dear friends, let's explore the price of gold for the new week with Karina! Gold prices opened the week's session and traded relatively stable at around $2043. On the analysis chart, gold is still in a downward trend, but selling pressure is gradually weakening as gold shows some signs of upward movement with a support level near $2035. Overall, in the...
Hello dear friends! The price of gold has decreased by nearly 15 USD since the last closing of trading, marking a 0.74% decline for the day. Currently, this precious metal is in a state of uncertainty as investors try to predict the next move of the Federal Reserve. For short-term trades, gold still leans towards a price decrease, based on the reversal signals...
What's Next? I think gold lower after dxy bos, don't think it's just a liquidity sweep?
World gold prices are still attractive when the world's second largest economy is still facing difficulties in economic recovery. Data on China's manufacturing PMI index in December decreased from 49.4 points in November to 49 points in December, lower than the forecast level of 49.5 points. This is the third consecutive month that China's manufacturing PMI index...
Hello dear friends, do you think the price of gold will increase or decrease in the near future? Generally, the main trend of gold in the past week has been a decrease in price, with a decline of over $40 during the week. However, when looking at the long term with the 1-day chart, gold still maintains a strong upward trend with a steady rising trendline. Gold...
I think it's hard to predict gold prices next week. However, I propose the following two scenarios for gold prices: Analyzing the H4 timeframe, I found: Important key levels for next week are: 2035-2039 (bold areas) 1/ If this Keyleve area still holds the price, I think the price of gold will continue to rise and will rise to the starting point of the last wave...