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...
Gold has made it clear that the current price of 1950 in the European market is directly shorted, and the data in the US market is bearish, so continue to hold the short order! Bearish, the US market pays attention to whether 1940 breaks! From the trend point of view, gold belongs to the shock trend! But in the process of the shock, the center of gravity...
This pattern is technically analysed with the elite wave pattern in order to find the next possible sequence of the market. More importantly the GOLD is dependent on news & reports now so this week events/news will make it fall as my prediction, so keep an eye on news to gain the profit.
Gold strategy: Gold 1960 empty, stop loss 1965, take profit 1930. The obvious downward trend on the golden hourly chart, and the rebound hit the pressure position, is the beginning of another decline! And this fall will surely fall below the support of 1940, reaching around 1930! Share this point of view with my friends, I hope you can make more money and...
Hello, according to my analysis of the gold market, there is a good opportunity to buy. The market broke the downtrend. We also notice an ascending channel. A very positive green candle has formed on the 4-hour chart, confirming the strong entry of the buyers. All these factors confirm that gold is only for buying. Good luck to everyone
While I believe that the markets are currently standing on the edge of a cliff and will not produce a new all time high, it's very important to note that price action is yet to confirm that, with the most significant catalyst of them all being Wednesday's FOMC. Wednesday's FOMC is important because whether the Fed hikes again and how much they hike will determine...
Despite concerns about China's economic growth and a risk-off market sentiment, the US Dollar did not receive support as investors focused on the possibility of a more accommodative stance from the Federal Reserve. This resulted in a decline in the US Dollar and a rise in the price of Gold, reaching a two-month high of 1,988. However, the situation changed during...