Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves. Bullish Channel as an Correction in Short Time Frame and Rejection from the Upper Trend Line. Double Top Pattern in Long Time Frame and Rejection from Resistance Level Entry Precautions : Wait for the Breakout and Retest
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 this morning decreased slightly with spot gold down 8.1 USD to 1,989.6 USD/ounce. Gold futures last traded at 1,991.8 USD/ounce, down 9.8 USD compared to yesterday morning. The precious metals market in the trading session before the Thanksgiving holiday was under slight selling pressure when the latest report showed a surprise improvement in...
Thank you my client for telling me that after I went to check, I found that they had copied my point of view. The Federal Reserve released the minutes of the Federal Open Market Committee (FOMC) monetary policy meeting from October 31 to November 1.Judging from the content, policymakers generally believe that interest rates will remain restrictive for a period...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Rising Wedge as an Corrective Pattern in Long Time Frame and It has Completed " 12345 " Impulsive Waves and " AB " Corrective Wave at Daily Resistance Level , Forming Double Top as an Corrective Pattern in Short Time Frame with Divergence Entry Precautions : Wait for the Rejection or Breakout
The annualization of the total number of new housing starts in the United States and the total number of construction permits announced on Friday have shown a strong rebound. We all know the stimulating effect of real estate on economic growth. The continued rise in real estate data will also push up the prices of raw materials, home improvement appliances and...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Bearish Channel as an Corrective Pattern in Long Time Frame and Bullish Channel as an Corrective Pattern in Short Time Frame and Rejection from Fibonacci Level - 78.60% / Daily Descending Trend Line Entry Precaution : Wait for the Reject and Retest
This week, focus on the release of the latest minutes of the Federal Open Market Committee meeting and existing home sales data for October on Tuesday, and the release of durable goods data for October, the University of Michigan consumer confidence data for November, and the number of people applying for unemployment benefits at the beginning of each week on...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves and " abc " Corrective Wave and Making its " 12 " Impulsive Waves again. Bearish Channel as an Corrective Pattern in Short Time Frame and Rejection from the Upper Trend Line or Fibonacci Level - 61.80% Entry Precaution : Wait until it breaks and Retest Break of Structure
XAUUSD buy setup now as we have Sweep abs change of character So you should buy now on gold
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.
OANDA:XAUUSD SAXO:XAUUSD Gold vs US Dollar No comment! ⚠️ Disclaimer: The viewpoints shared represent my individual outlook on the market, based on publicly accessible information and historical data. While a portion of these opinions is influenced by my actual trades, others are not. It's important to note that I am not a financial advisor, and I do not assume...
The number of people continuing to apply for unemployment benefits in the United States reached the highest level since 2022, and the number of people applying for unemployment benefits for the first time rose to 231,000, the highest level in nearly three months.Coupled with recent inflation data, it strengthens the view that the Fed is unlikely to raise...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Rising Wedge as an Corrective Pattern in Short Time Frame and Rejection from the Upper Trend Line and Fibonacci Level - 78.60%. Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves Entry Precautions : Wait for the Breakout and Retest
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.
The U.S. PPI in October exceeded expectations and fell to 1.3% year-on-year, down 0.5% sequentially to the largest monthly decline in three and a half years since April 2020.The core PPI grew at zero in October and increased by 2.4% year-on-year to the lowest since the beginning of 2021. The unexpected slowdown made the market further believe that the Fed's...
The inflation index was released last night. Data from the U.S. Bureau of Labor Statistics showed that the U.S. CPI rose by 3.2% year-on-year in October, slower than September's 3.7% and lower than the expected 3.3%. The QoQ growth rate slowed from 0.4% in September to 0, which was also lower than the expected 0.1%. The Fed is more concerned about core...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed " 12345 " Impulsive Wave and making its " B " Corrective Wave. Bullish Channel as an Corrective Pattern in Short Time Frame. We have Break of Structure with Retracement and CHoCH. Strong Divergence in RSI Entry Precautions : Wait for the Proper Strong Rejection Price Action