My views of Inflation: In essence, the inverse correlation between gold and real rates persists, I anticipate a transition from QT to QE by the Fed come May, and subsequent rate adjustments in 2024, propelling Gold towards my $2300-$2400 target. My projection is underpinned by my forecast in the deceleration of inflation, evidenced by the significant...
The market always changes, the last two weeks gold down or obvious big short, Friday straight up, Friday 2042 broke the daily pressure, the peak around 2062, the weekly line cross star, the shadow line is very long, the long-term forecast will continue to attack this week, the extreme pressure this week is 2064 and 2088, if gold stands on these two prices This...
Gold fell a whole week last week from Monday all the way to the daily line around 2030 to stop falling Friday formed a rapid rebound Friday's rebound is mainly because of the impact of non-agricultural data after the long and short game! Last week we captured 3 times the market profit! Starting Monday, we sell in 2075, Tuesday in 2064, Wednesday in 2049, Thursday...
Daily time frame has swing breakout and Inverted H&S pattern as well. the Inverted H&S pattern has 1:1.69 as risk reward ratio.
Hello Traders! I'm coming up with updates related to GOLD M45. As you can see, GOld took the liquidity level mentioned in the previous post, I consider it an important level to execute a LONG TRADE. Also, on the chart, we can recognize the level of accumulation , for now, we are in the manipulation stage, and I expect a distribution until the 2060...
I started this analysis with bitcoin etfs in mind and I came to the conclusion they are not the requirement for a run :) Just send it!
Do you want to be a full-time trader in the future? Here is a record of my 5 years of forex trading bit by bit, this road is lonely, need a lot of positive energy. Today, I will share with you my understanding of the trading process, which is very piecemeal. Emotion is a match, can light everything, can also burn everything, success or failure are emotions. Easy...
4H MA5/MA10 turned down, gold continued to sell in the 2000 area, and the target was 1985-1970
Due to holiday influences, market volatility has been exceptionally low today, with short-term adjustments observed. However, I believe that gold will continue its upward trend, presenting opportunities for long positions during declines. A prudent approach to the market is advised, avoiding reliance on chance outcomes. Daily dissemination of trading signals is...
This is a long term move I am anticipating for the gold market, as the overall market is bullish on the higher time frame, this will be a pro trend trade that we can take up towards 2010 or even higher to make new ATH's (ALL TIME HIGHS.) To add, the internal structure is also very bullish now and we can be expecting an impulse move to the upside from these POIs...
Gold is currently trading within the range of 1955-1975, exhibiting overall volatile upward movement. Effective support is formed near 1955, and today's focus is on identifying two suitable entry positions. Gold Support: 1955-1950-1945 Gold Resistance: 1975-1980 Initiate trades when gold reaches the specified resistance and support levels. I can tailor a...
In the Asian market on Tuesday, the U.S. dollar index fell back to 105.6, gold prices remained at a weak level of 1945, and many traders were paying attention to the U.S. Consumer Price Index (CPI) released in the evening. A previous poll by the New York Federal Reserve Bank showed that one-year inflation expectations are declining, while prices in October are...
Gold is now looking very promising for another impulsive move to the upside which I'm expecting to happen around the price of 1920-1930. As price is approaching I'm waiting for a wyckoff accumulation to play out and a clean CHOCH so we can enter our buys back up. As there is some asian lows around that region between the 5hr and the 4 demand, I would wait for...
Gold has been back to the pivot point near lowest highs. 1945 is weekly and daily support level. Lets go for long positions till immediate resistance @1970. Be informed that there is already hawkish tone from Powell for DXY. so War sentiments as well as Technical outlook are complicated so market might be flat till closing. There is no bigger move expected till closing.
Looking at the 4-hour chart, the Bollinger Bands are opening downward, and gold has encountered resistance and fallen since last Friday's high of 2004. There is only a single positive line on the K line, which is structurally very weak. Yesterday, the US market closed with a positive line in the 4-hour period. Seen as a correction, a single positive cannot change...
Yesterday, the price of gold rose to an intraday high of 1993.52 during the European trading session, but then fell back, finally closing up 0.26% at 1984.74. From a fundamental perspective, the trend of spot gold prices is affected by multiple factors. On the one hand, global economic instability, geopolitical tensions and uncertainty in financial markets will...
Gold opened in early trading and continued to rise. The high reached 1982. In the short term, it touched the previous high point in July. It was originally expected that this trend would be a rise and fall yesterday. The reason for the current rise and fall in this area is also based on the structure of this rise. I think It is close to starting the adjustment...
The rise in gold at the beginning of today's European session was somewhat beyond expectations. After all, the general trend of gold is still short, and the recent rise can only be regarded as an adjustment by the short side. There is something wrong with the timing of so much hair force. Regardless of the trend, today's short-term trend is definitely strong....