GOLD Gold If you open the 4 hours above 1953, it will reach 1965 then 1974. But if it falls below 1953, it will reach 1939, then 1931 pivot price: 1953 support price: 1939& 1931& 1922 resistance price: 1965 & 1974 & 1983 The expected general tendency for today: is bearish timeframe 4H
After gold opened up, there was not much movement yesterday, it is likely that it is only in shock and repair, the situation in the short term is also relatively balanced, and there is no trend of breakthrough, above and below there is hope of a breakthrough, and yesterday gold fell to around 1954 after the rebound, basically still maintain a small range of...
Gold rose directly with marginal support yesterday Looking at the 4-hour cycle, the price of gold is still below the trend line. On Friday, the price of gold touched the downward trend line, and gold plummeted even more, putting pressure on it. It is easy to see that gold is now in a oscillating trend, because the high and low points extend horizontally, and the...
The Federal Reserve has stopped raising interest rates, which means that assets like gold may have higher rates for a longer time. Gold has not seen much demand as a safe haven in the past month, but a potential recession in the US and Europe could change that. Buyers are optimistic due to a positive chart pattern and sustained trade in XAU/USD above the EMA at...
Gold continues to fluctuate, and the support for 1953 below is still strong. Before breaking the level, our thinking will not change. We will fall back more and continue to be bullish, and 1953 will support more directly! A low-level shock break is the most common correction technique after a big rise or fall in the market!After the weak plunge, the market did...
Yesterday's gold trend, mainly caused by unstable market sentiment, originally expected to rebound yesterday 5, 10 days line for pressure testing, but the market has been falling downward since the opening, and a less important data, but triggered the market to maintain the Fed's current interest rate expectations next week, resulting in a sharp rise in the...
There is no completely consistent market, but there are always similar fluctuations. This is the gold 1H chart. In the picture, I marked 4 M patterns. No. 3 is similar to No. 1, and No. 4 will be similar to No. 2. In order to form the No. 4 pattern, tomorrow's data needs to be beneficial to the bulls. Only in this way can gold have a chance to return to around...
When the dust settles, the Fed is set to continue raising rates If the Federal Reserve meeting were held today, the current uncertainty surrounding banks would prompt them to keep rates unchanged. However, in the ever-changing world of markets, a lot can happen in just one week. If the upcoming weekend remains calm and without any need to rescue banks, there is...
Gold since yesterday's bottom rebound is currently in the high sideways oscillation, yesterday's decline in the process we can clearly see that the bulls continue to increase positions resulting in a wave of rebound, at present we have obvious signs of shipment during the high sideways shock, indicating that the market will have a wave of downward adjustment...
GOLD - KEYLEVELS TO WATCH FOR A TRADE Personally im not looking to short GOLD , beacuse there is still an UPTREND , so from here the price can grow faster and i dont want to be vulerable on this. Im looking just for longs ...maybe the short ideea will be just if the daily trend line wil be brooken.
It has been prompted before.The 1957 position is directly long and bullish, and now the market has begun to rise, and the trend is fully in line with expectations!The US market still has to continue to be bullish and unchanged, the pressure above the 1980 area! Gold as a whole is a trend of large-range volatility at the bottom. It now belongs to the rebound and...
In the end, Golden Friday chose to pull back in case of resistance, and it was a straight pull back!However, the overall pattern of gold has not changed. Today, relying on the support of 1940, it is much lower and bullish, and the pressure above is still focused on the 1980 line! From the trend point of view, gold has fallen from the 2080 position to the 1930...
GOLD - KEYLEVELES FOR SCAP TRADE Maybe this a short opportunity?
The new week has begun, gold is affected by the non-farm data, gold fell smoothly, gold in the short term correction has been completed, pay attention to the correction of the continued decline on the line, support up a Fibonacci, support to see below 1944, resistance to see above 1950-1955, at present, gold short trend is obvious, I will choose to short gold...
On Black Friday, empty orders continued to make profits. The most violent thing was that the price of gold fell directly below the neckline. At this time, the bottom structure directly failed. Relying on the pressure of the neckline at the 1954 line, continue to short the gold. This time the gold price will test the support at the 1938 line below again. If the...
The current price of gold is directly short in 1980, and it is short today. Anything is possible this Friday. The market is to break everyone's cognition and benefit a small number of people. The neckline was tested yesterday, the support was effective, and it rebounded strongly. Now the price of gold has once again come to a new pressure level, which is the...
Hi, according to my analysis of the gold market. There is a high probability of falling. With the formation of the descending channel, gold was unable to break it higher. There is also an internal channel as shown in the analysis. There is a lot of pressure from the sellers to fall back to the 1930 levels. And the 1910 level. Good luck everyone .Note: If you...
The economy is showing signs of improvement, with the USD still on the rise. However, tensions of war are on the increase. If the conflict intensifies, Gold is likely to see a surge in demand due to its traditional role as a safe haven for investors. This could lead to price conflicts and a time of heightened market volatility. Experts predict a decline in gold...