Gold spot retreated from around the $2,180 area on Friday, printing back-to-back negative sessions as market players' hope for the beginning of the US Federal Reserve's easing cycle has been delayed due to strong US economic data. Hotter-than-expected inflation figures justify Fed Chair Jerome Powell's remarks to be patient and stick to the current monetary policy...
Gold is in a descending triangle on 4h, but still on a macro-bullish structure. A break of 2170 followed by a support zone would make the price bullish again, but a break of the current support could lead to at least an interesting correction.
Description Whats up dear friends in the next week's gold analysis we can expect to a breakout in the zone which is 2175-2150 if there is no breakout then we go long till 2200 let's see have a great day and good luck
Global gold has formed a triangle pattern and it seems that it can rise to the 161.8% Fibo resistance at $2222, provided it maintains the support of 2153 and crosses the resistance range of 2173-2167.
FOREXCOM:XAUUSD OANDA:XAUUSD Hello dear traders. If the price does not consolidate above the $2152 level, a bearish scenario will occur. On the other hand, if the price receives strong support at the bottom of the pitchfork or stabilizes above the 2-hour Bollinger Midline, the bullish scenario will increase the price to the yellow zone. ✌💥If you are...
Here on XAUUSD gold has mad made a double bottom on 1hr showing that is going to buy and Elliote wave predict buy also so going for LONG is needed and targeting profit should be around psychological level of 2210.000
Gold has tested the $2000 area twice and failed. If it makes new all time highs, above 2050-2070, it could easily run to 3k. One of the few spots of strength in the market along with bitcoin since the Silvergate&SVB triggered banking crisis. Out of position on a weekly close under 1750.
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.
Gold prices surged in the latest week's trading, driven by a weakening US dollar index and declining US bond yields. Analyzing the 4-hour timeframe reveals a flag pattern formation, reminiscent of one identified in Bitcoin on March 3rd prior to its all-time highs. Currently, gold is consolidating between 2174 and 2153, presenting an opportunity for a breakout in...
Gold has experienced stagflation in the short term. The K-line is about to fall back. Look at the 2165 line. The golden four-hour line has always been rising at a high level, but it has continued to fail to break out of 2200 points, which shows that the market has strong resistance at this position, and the K-line deviates far from the moving average, and the...
We were short on gold overnight at 2183 again. At the same time, we were also short on the current price of 2185 in early trading. The big negative line reached the 2174 line as scheduled, realizing the harvest of short orders. At present, the K-line has peaked in the short term, and there is a bearish engulfment. The big Yin line entity directly covers the...
Gold was in a deep V yesterday, and gold bulls continued to exert their strength. The single negative drop in gold was just a correction on the way to gold's rise. Gold was still a bullish trend. Gold was directly bullish at 2171 in early trading! Gold continued its upward trend in the 1 hour. The upward trend line support moved up to around 2169, and the gold...
Gold can't go down at all. What is a bull market? This is a bull market. Money can't buy a bull back. Gold bulls have been going all the way and are unstoppable. In the current market, waiting for a fall has become a luxury, so just do it. The current price of gold 2156 just do more. The gold 30-minute bottom has reached the 2153 line today. Today, 2153 is an...
Hello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze...
At the beginning of this week for gold, we reminded the gold bulls to come to an end and beware of rising prices and falling back. Gold has been high and short for the past two days. Gold has plummeted. The trend has changed. Gold continues to be short. The current price of gold is 2158. It is directly short! Gold's 1-hour moving average has turned and both...
There is basically no fluctuation in the European gold market, with a narrow range and gaining momentum. However, the gold bulls have not effectively counterattacked. This will be the calm of the storm. Gold 2160 will continue to be held short to see a fall and breakout. Gold's 1-hour moving average is about to turn around and form a dead cross. If the dead...
XAUUSD - 24h expiry Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. A lower correction is expected. The primary trend remains bullish. We look to buy dips. Previous support located at 2150.56. We look to Buy at 2153.50 (stop at 2141.50) Our profit targets will be 2183.50 and 2189.50 Resistance:...
OANDA:XAUUSD On Friday, before the non-agricultural data, our big positive line just fell back to 2157, and then directly pulled up to the 2182 line. This long order was naturally a stop profit and left the market. Then the K line fell deeply back to the 2169 line, and we entered the market directly again. Many times, we just unplug the network cable, turn...