Last week, the gold market witnessed the most impressive breakthrough since early spring when the price of this precious metal increased by more than 60 USD/ounce thanks to strong safe-haven demand at both the beginning and end of the week. Kitco News's latest weekly gold survey shows that market analysts and retail investors expect gold to continue to increase...
Gold is still in a downward trend, but from a technical point of view, it has already stopped falling yesterday, and all RSI indicators in each cycle are oversold.So I think there is still room for a rebound today. Today I bought below 1820 and all made a profit, but today the risk has increased. However, the technical indicators are still oversold, so the...
Hello traders! On the 1D chart, we can see that a 5-wave Elliott pattern has formed. The downtrend from the high of 2050 has not been broken yet. Currently, gold has risen to a resistance level at 1888 USD, so a short-term price decline may occur with immediate support at 1860 USD. My target price is 1920 USD, with gold expected to reach the upper limit of the...
Hello traders! On the 1D chart, the downtrend channel continues to be active, and gold is still developing positively this week with a high price of $1883. However, it has not yet broken out of the prolonged downward trend. Expectations are that after gold reaches the upper limit of the uptrend channel at $1910, there will be a drop. On the other hand, breaking...
Hello dear friends! As predicted yesterday, there hasn't been much significant movement in the price of gold, whether it's an increase or decrease, as it seems that the market is focused on the upcoming PPI and USD news to be released today and tomorrow. These could be important news for gold at the current time. On the upside: Gold has started a sideways trend...
For today setup, i like to make sell position at price 1900 - 1903 for short position for now i see Gold can push until Resistant Daily and i will sell at this point because for retestment only . if you guys see the weekly timeframe. you can see this key point is breakout for countinue sell. 🎯 The Ideal Combo for trading: 📌 A discipline mind 📌 A trading edge 📌...
For today setup, i like to make buy position at price 1861 - 1858 for Long position until 1885 for now i see Gold can push until breakout daily 1884 - 1888 and i will sell at this point because follow trend . if you guys see the weekly timeframe. you can see this key point is breakout for countinue sell. 🎯 The Ideal Combo for trading: 📌 A discipline mind 📌 A...
The current trend for gold shows that the price is still within a bearish channel, despite a bullish week. This means that the target price still remains within this bearish channel. It is important to note that there is a possibility of a sudden and significant price reduction at any time.
Hello dear friends! Gold is currently increasing as we predicted yesterday, with a reversal from the EMA 34 and 89 opening up an upward trend. Additionally, gold has received a price boost as news from last night caused the USD to cool down and adopt a defensive stance, helping gold bounce back. From a technical analysis perspective: Gold needs to maintain its...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed Impulse Correction ( ABC ) Impulse. Symmetrical Triangle as an Corrective Pattern in Short Time Frame and Breakout the Lower Trend Line. It has Completed the Break of Structure and it will Completed its retracement Previous Support or Fibonacci - 78.60% Entry Precautions : Wait until it Rejects Bullish...
Hello dear friends, do you think gold will increase or decrease today? Gold is currently holding well at its recovery level since it last dropped to a low price of $1810. It is currently trading steadily at $1860 - $1861. On the 4-hour chart, we can observe that after the Bollinger Band narrowed at $1822, it has expanded and the upward trend has been...
Traders, do not forget that today we are expecting FOMC. Here is my latest structure analysis for Gold. Support 1: 1804 - 1811 area Resistance 1: 1884 - 1890 area Resistance 2: 1901 - 1908 area Resistance 3: 1942 - 1952 area The market will most likely keep growing before the news. Then everything will depend on the FED. Consider the following structures...
The current spot price for gold on the global market is approximately $1,856 per ounce. The price of gold delivered at Comex New York in December was $1,872/oz. Gold prices rose after Israel refused to make peace with Hamas. Both Israel and Hamas appear determined to continue their attacks. Talks have begun between the EU, the US, the United Arab Emirates, Saudi...
World gold prices this morning were stable with spot gold down 1.1 USD to 1859.8 USD/ounce. December gold futures last traded at 1,873.8 USD/ounce, up 9.5 USD compared to yesterday morning. Although the Israel-Hamas conflict has not subsided, it continues to promote safe-haven buying activities in the gold market. However, that momentum failed to help the...
Daily/4h/1h time frames analysis for Gold. Price action & key levels. Directional bias & thoughts. Bullish forecast explained. ❤️Please, support this video with like and comment!❤️
Hello dear friends! Today, gold continues to maintain its strong upward trend. Currently, gold has increased by 0.12% in the day and is trading at $1863, an increase of approximately $22 compared to the same time yesterday. On the analysis chart, the two EMA lines, 34 and 89, are gradually converging, indicating that gold may experience a slight decline towards...
Hello intelligent and wealthy traders Currently, on the 1-hour timeframe, gold has increased and formed a flag pattern with a break to the down, resulting in a drop in the price of the DOW. The price may return to the support level of 1835 once again before the uptrend continues. In general, today gold has experienced a strong breakthrough, continuously raising...
Hello smart traders! In today's analysis with excellent insights from Trading View, we can observe that gold is currently moving steadily within the body of the Bollinger Band with an expanding trend. Additionally, the Fibonacci measurement indicates an upward trend with price levels targeting 1839 USD and subsequently 1862 USD. If you find this information...