Hello, according to my analysis of the gold market, we notice the formation of an ascending channel. However, despite that, it is only a corrective wave. We may see a decline from the 2080 area, which is a correction to the Fibonacci golden ratio of 61%. Good luck to everyone
Welcome . Analysis of the gold market. On the clock frame. Everything is explained in the analysis. Please comment if there is ambiguity in the analysis. Or you didn't understand anything. I will be happy to respond. Good luck everyone Anouare
At present, the rise of gold is weak. It seems that 2400 is still not reached. The market obviously lacks momentum. We also adjust our strategy in time and enter the market empty-handed at 2390.
Discover an enticing Buying opportunity in GOLD as it undergoes a critical retest of a key resistance area. With market analysis, technical indicators, and price action as your allies, evaluate the potential upside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics.
bullion is turning to all-time highs again, however this time buyers are fleeing gold miners` shares in droves. Even gold exchange-traded funds, which use buyers` cash to collect bodily stockpiles of bullion, are contracting as gold costs rise, that's exactly the alternative of what many analysts expected. The disconnect ties right into a broader fashion...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold remains steady around $2,380 per troy ounce on Wednesday, staying close to its all-time highs as traders proceed with caution in anticipation of Israel's response to Iran's airstrike on Saturday. According to a report from Reuters, the third meeting of Israel's war cabinet, originally...
The recent economic landscape has painted a fascinating picture for precious metals. Gold has emerged as a champion for investors in economies with developing currencies, like the Turkish Lira (TRY), Indian Rupee (INR), and Chinese Yuan (CNY). Conversely, silver seems to be finding favor as a store of value in more established economies with mature currencies,...
Dear friends, gold has rebounded to a high of around 2394 in the short term, approaching the 2400 mark again. Then gold seemed to feel a little exhausted, so it failed again and chose to fall back. Gold is currently trading near 2388, so does gold still have the strength to conquer 2400 or even higher? Although gold has stopped below the 2400 position many...
I recommend you to buy XAUUSD at these levels as you cn see we have a good set up also have a nice pull back on support level
International news: 1. Fed Barkin: The latest inflation data does not enhance people’s confidence that the downward trend in inflation is spreading in the economy, which means that market players feel that the economy is relatively sluggish; 2. EUR/USD fell back below 1.07 for the first time since mid-February, falling 0.39% on the day; 3. EIA Natural Gas...
Gold cashes in on the 2300 line. Friends who follow the signal have already made a lot of money. Time is of the essence, let’s talk about the results first! Today's 2290 is a very important dividing line between long and short, and it is the key point that determines whether gold can continue to strengthen in the short term and reach new highs! Above this price,...
Trend is king, point wins. On Thursday, we said that gold had another surge. Traders who followed the signal were already busy. Recently, gold has once again pulled up strongly unilaterally. At this time, have you realized the importance of taking advantage of the trend and strictly stopping losses? significance? ! Any so-called resistance or support is worth...
Gold is also moving in the same direction as we expected on Monday. Although it adjusted downward, it quickly returned to the box range after the virtual break. At present, it seems that the support is gradually rising and is in a stable upward trend. According to Monday's strategy, there are still long orders around 2,365 on hand, and the Asian market hit a...
Gold created all time high when it reached $2424 region, however, big investors close their positions and they sold gold strong, taking price to $2330 area. Price since then has been in recovery process, going forward, price can create another Higher High going above $2440. In one hour timeframe price behaved strongly bullish, giving us an hint of upcoming price...
XAUUSD Trade breakdown On the 15 minute timeframe, price broke above the 15 minute bearish Orderblock that created the low during asian session. Once we confirmed it with a body candle close, i expected price action to retrace to our 5 minute orderblock to retest and reject off it. This was when i enter for risky buys to target higher prices. Price ran...
Yesterday's article prompted two gold long orders. The long orders entered the market all made huge profits, and the final gold price reached 2,400. The bottom of the golden four-hour line is supported by the big positive line, and the K line is difficult to move downward. The K line strongly reverses the moving average and pulls it upward, and the inclination...
Gold technical analysis Daily resistance is 2450, support below is 2326 Four-hour resistance is 2400, support below is 2365-2352 Gold operation advice: Yesterday, it was said in the article that the daily dividing line between long and short is 2320. Obviously our operation idea is to go long above 2320. From the daily analysis, the upper pressure is 2400 and the...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) is moving within a narrow trading range as the European session begins on Tuesday. It remains close to the record high reached last week. The US Dollar (USD) is gaining strength, reaching its highest level since early November, due to expectations that the Federal Reserve...