The decline of gold is over, and the bottoming or rebound trend is starting! Today started to be more bullish, relying on the support of 1885, stepping back to more low, more around 1890! Looking at the hourly chart, gold has fluctuated all the way down before, and is suppressed by the moving average. Every time it touches the moving average, it will break a...
The chart posted is my labeling of GS to which I feel that we are ending wave D down within a large sideways triangle to which I am labeling it as a WAVE B . I will now look for GS to rally but under a very labored bull phase CAUTION is and should be used for long and I.T. traders
On Monday, the Asian market fluctuated greatly. From the perspective of the gold trend structure, the intraday is weak and volatile. It basically runs above 1885. It broke through the 1885 line in the morning and quickly rebounded to the 1894 line to fall back and fluctuate. Judging from this trend, the upward momentum of bulls is still not good, and the overall...
Gold layout analysis: The highest rose to 1906 yesterday and began to short. After we made a profit, we rebounded to 1905.5 and shorted again to make a profit. Looking at the daily line, gold has fallen below the 1890 line. According to the expected trend, it will definitely rebound and fall again to find the bottom support. But tonight there will be the...
Gold layout analysis: The layout of the gold 1927-29 position is empty on Thursday, and the friends who keep up with it will naturally get a profit. Yesterday's bullish CPI data failed to bring the gold bulls back on track, which is indeed a bit of a surprise. There are not a few people who chase after the extreme market, and they are basically swept out by the...
Today's Asian market opened at $1913.27 in early trading, with a high of $1915.09 and a low of $1910.03. The minutes of the Federal Reserve FOMC meeting will be the focus of this week. The market is expected to be inclined to pause interest rate hikes in September and November. The dovish stance will put pressure on the dollar to break through the 103 mark. Gold...
The underwhelming inflation figures in the United States provided a reason for Federal Reserve policymakers to celebrate their success in tackling price pressures. However, traders were eager for more information to alleviate concerns about the shift in policy direction. These concerns were further compounded by worries surrounding China, the largest consumer of...
Gold layout analysis: The gold 1931 empty order shared with you on Wednesday is a complete victory. At present, judging from the recent trend of gold, the bulls are like deflated balloons. It can be said that there is no upward momentum. The high position keeps moving down, and the low position keeps breaking. If this trend continues, it is estimated that...
The fluctuation range of the gold Asia-Europe market is limited, and the market is concentrated in the performance of the US market! Judging from the current trend, the decline of gold has deviated, which means that this decline has come to an end! Moreover, this wave of decline has fallen to the support position of the weekly Bollinger lower rail, and is...
Gold is now in a bearish trend and will find sell positions for the long term, but the confirmations are most important. Gold is now very close to its Demand zone of 1905–1895, which marked the double bottom on July 6th, 2023. Gold will give respect to their demand zone, and as per dollar analysis, the dollar will fall. In this case, gold will move some...
Hello, according to my analysis of the gold market, there is a high possibility of a rise towards the 1980 region. Everything is explained in the analysis. Good luck to everyone
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...
The bullish rebound in gold data, the rebound is just a rebound! It is still short and down! US market 1930 current price short, continue to be bearish! The downward trend of gold has not changed now, the rebound high point is constantly lowered, and it will continue to decline after encountering obstacles! Now the rebound encounters resistance and pressure,...
Gold stepped back on the support again, the current price is directly higher than 1924, continue to be bullish! The US market will continue to rebound! The gold down structure is complete! Now we are going to oscillate to build a bottom, and the first-line support at 1923 below is obvious! After rebounding above 1930, there will be a callback, and the fall will...
The Dollar Index (DXY) and US Yields helped keep Gold on the backfoot yesterday with Dollar strength continuing this morning. The US Dollar appears to be benefitting from a risk-off tone this morning following lackluster data from China as well as Moody’s downgrading a host of small to medium sized US Banks.
Gold price remains under some selling pressure for the second successive day on Tuesday and drops to a fresh daily low, around the 1,931 area during the Asian session. The XAU/USD, however, manages to hold above a three-and-half-week low touched last Friday. Gold is predicted to stay in a falling wedge Support zone: 1928, 1922, 1912
Gold has turned from falling to rising. Relying on the support of 1937 in early trading today, it is low and bullish. For the pressure above, pay attention to 1953! Gold fluctuated all the way down before, and it was constantly bearish at high altitudes, but after the data, the market rose and began to turn more! I went long in 1930 at the first time, and...
Gold has reminded 1938 to continue shorting. The judgment is so accurate. The highest rebound in the early trading was to touch the 1938 line, and then began to fall. Resolutely continue to enter the market directly in 1938. The short order is profitable. The European market maintains the bearish thinking and waits. Profit! Gold is short at 1938, stop loss at...