Gold remains bullish and is currently in a correction phase before the next movement to a new all-time high target. Gold is currently in an uptrend channel on the daily timeframe with possible retest of the down channel area at 2250 before the next uprise to the upper channel at 2550-2600.
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...
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...
Technical Analysis with fundamentally The price has followed its bearish trend, reaching our target of 2290 The price will touch 2302 and then will consolidate between 2302 and 2292 till breaking Bearish Scenario: The price may correct to 2302. If it remains below this level, it will drop to 2292. A break below 2292 could lead to a further decline towards...
The current analysis suggests a bullish trend for OANDA:XAUUSD . A retest of the pivot line at 2294 is expected. If the price holds above this level, it is projected to rise first to 2306. Stabilizing above 2306 could lead to further upward movement towards the 2322 and 2333 zones. However, if the price fails to hold above 2294, it may decline to 2281 and...
After a drop on Friday a retracement is quite possible. Gold drop heavily after the data showed that the Central Bank in China stopped buying. After this reversal the price could move upwards to the 61.8% of the whole downward movement. __________________________ Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is...
On the last trading day of last week, the US non-farm payrolls data was released, showing unexpectedly strong growth momentum. These two pieces of bad news were like a bombshell, causing the gold price to experience a big drop in a short period of time. The gold price plummeted from a high of $2,387 to a low of $2,286, with the largest single-day drop of up to...
WILL CHINA STOP BUYING GOLD? “The nice US jobs file dealt a blow to gold euphoria. This file extinguished hopes that the Fed might quickly lessen hobby charges. The Fed nevertheless wishes to maintain hobby charges excessive to calm salary boom and the quantity of recent jobs created withinside the economic system,` Saxo Bank's head of simple commodity method Ole...
OANDA:XAGUSD OANDA:XAUUSD The past two weeks' price action suggests that we can expect the correction to continue in June for Silver and Gold. After last week's NFP and unemployment rates, the expectation for rate cuts has been pushed a bit further to the last quarter of 2024 which fueled dollar to maintain its strength. On the other hand, if you take a look...
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.
On Friday (June 7), the spot gold market encountered a sudden storm. The release of the US non-farm payrolls data unexpectedly showed strong growth momentum. These two negative news caused the gold price to fall all the way, from a high of $2,387 to a low of $2,286, with the largest single-day drop reaching $100. So far, the gold price has been on a downward...
Central banks in many countries have announced interest rate cuts, including Canada, Sweden, Switzerland, and the European Central Bank has also cut interest rates. These measures not only reduce the opportunity cost of holding safe-haven assets such as gold, but may also ease inflationary pressures, making safe-haven assets such as gold relatively less...
Gold is moving in a range from last week now it looks like gold will have buying rally and now it will move upwards
Don't worry, now is a good time to build a gold position, as it may rise to $2,800-3,000
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) is consolidating near a two-week high during the Asian session on Friday. Investors are waiting for the release of the Nonfarm Payrolls (NFP) report from the United States, which will influence future Federal Reserve policy decisions and impact gold prices. ⭐️ Personal comments...
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...
Hi Realistic Traders, let's delve into the technical analysis of OANDA:XAUUSD Gold has rebounded around the EMA200 line more than three times, simultaneously forming an inverted head and shoulders pattern. Recently, it broke the neckline with a bullish marubozu candlestick, a strong indicator of potential bullish continuation. This breakout, coupled with the...