There wasn't a lot of good news over the weekend that prompted gold to rise sharply this week. On the contrary, gold continued to fall on Monday because of gold's surge. Perhaps this is good news for bears. The trend of the chart then saw a sharp correction due to the digestion of the news, and the current position is oscillating around 2343. Put aside the...
The technical icon indicates that there is MA support below, buy around 2332-2336, and the small target can be set at 2343-2348.
MCX:GOLD1! COMEX:GC1! TVC:GOLD 2313-2315 buy gold. Combined with MA5 cross support. The MA support of the large cycle below. as an upward trend driver. Target 2321-2328 In the past, you always failed when trading alone. But everything will change after you follow me. Because we will be the ultimate winner! stay tuned. Avoid missing out on the latest...
Friends who like to trade gold can add long orders for gold. There is room for an increase of about 6-10 US dollars. The MA 30-minute chart shows that gold is about to form an inverted triangle. It is a good choice to rely on the support below to go long in the short term. In the past, you always failed when trading alone. But everything will change after you...
Technical Analysis Recently we've seen GOLD resistances on multiple timeframes... The surge 3750.8 points on Friday was very crucial in breaking the resistance on the daily (2383.69). The weekly breaking the resistance at 2392.07 from 4 weeks back is a bullish move and since there is no much resistance level after 2392.07, GOLD should easily make a fresh all...
After yesterday's decline, gold has established a small bottom, so today's trading strategy is to buy, tp 2392/2396/2401
Gold failed to break through 2400 yesterday and fell back after a surge. The daily closing line has not really been able to stand firmly above 2400, indicating that there are still many resistances above 2400 and the rebound continues to sell. If gold does not break a new high on the daily line, it is now a B-wave rebound. If gold cannot continue to rise, then...
🔴 Resistance - 2386 🔴 🚀 Target - 2392 - 2397 🚀 🟢 Support - 2382 🟢 🚀 Target - 2377 - 2370 🚀 🚫 Manage Your Risk & Reward As Per Your Risk Management 🚫 🔥🔥 Levels Works Best on 5 - 15 Minutes Time Frame 🔥🔥 ❤️❤️ MARKET SECRET ❤️❤️👇 1. TRADE WHAT YOU SEE NOT WHAT YOU ASSUME 2. FOLLOW THE TREND BECAUSE TREND IS YOUR ONLY FRIEND 3. CHART IS SUPREME 4. YOUR...
Gold dropped 13 pips in profit and rejected twice. Price Action is observed, bulls are still in control of the market. its about adapting to the market conditions, use proper risk management. Happy trading OANDA:XAUUSD FOREXCOM:XAUUSD TVC:DXY
XAUUAD - Long view Trade Reason : 1)4hr uptrend and Correction Completed 0.618 Level 2)Trend Reversal in 30 Min 3)Head and Shoulder Pattern Neckline breakout Confirm Entry - 2346 Target - 2359.775 Stoploss - 2336 Thank You ...
The US April CPI posted on May 15 confirmed an growth of 0.3% final month and an growth of 3.4% over the identical duration final year. The US CPI growth in April changed into decrease than the forecast of monetary professionals collaborating in a Reuters ballot earlier, pronouncing that the CPI extended via way of means of 0.4%. Mr. Jim Wyckoff, senior analyst...
as elliott wave analysis we ended the bullish wave 3 and now we are in a corrective move which is the wave 4 wave 4 is the retracement of wave 2 and wave 3 at 0.236 but however it can retrace at 0.382 or 0.5 fibonacci. wave 5 will be the extension of wave 1 and wave 4.
Geopolitics is once again dominating the news. Gold is strengthening again, viewed in conjunction with the golden ratio. The buys that can maintain this position are the main ones. Buy gold price near 2320. Target position short-term 2346 first line In the past, you always failed when trading alone. But everything will change after you follow me. Because we...
Gold price analysis: Current short-term trend: Up. News: Good news for gold Technical Indicators: MA shows bullish trend Short term pattern: triangle consolidation Breakthrough direction: Up Support: 2366-2262 Pressure: 2397-2404 In the short term, low buying is still the main trend! The above gold prices are based on the real-time prices on...
Gold prices are about to cause a sharp correction. Be prepared to sell high Gold's rise. I'm actually not surprised. Friends who follow me know that I have been bullish on gold since last week, as mentioned in my previous views. Gold is like a very strong bull There are several reasons: First, to put it simply, it is the rising risk aversion sentiment in the...
From the trend point of view, gold is currently in a position of falling back to confirm support, and the overall situation is currently breaking through. The operating space is very large. The U.S. dollar also surged higher but fell back, providing good support for gold prices. A substantial support has been formed at the hourly level, and the four-hour...
Gold prices in Asia were flat. No news about assists yet The price of gold remains within a narrow range of 2177-2179. The long and short competition is fierce. Based on the observation of MA and four-hour trend chart, the market is still in a small long trend. The bulls are obviously stronger than the bears. And the trend of rising and diverging should...
The target is at 2186-2183. Step back on the support below to confirm. Bulls are currently strong. The support below is still in effect. sl is set at the position of 2169-2167