⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) prolongs Wednesday's steep decline from the week's high, sustaining intense selling pressure for a second consecutive day on Thursday. This is the fifth negative move in the past six days, pushing the commodity to a two-week low, around the $2,370-2,369 region during the Asian...
I think it makes more sense to walk away from gold at this time as it isn't very clear about what it is attempting to do. Have you ever felt like the market doesn't know what it wants to do? Well if that is the case and the market doesn't know, how the F could you know? Come on, not everyday requires you to place a trade. This is a test most traders will...
#xauusd Today is Friday, July 26, 2024. Today is the last trading day of the week. And there are many important data to be released today. So the volatility of gold today is very large. All the signals I sent out this week have been profitable. So today we need to be cautious or make a small profit to have a perfect week. With gold falling 2351 yesterday and...
What is up traders, Brandon here - Absolutely lovely call on Gold this morning. Below are the links to all the minds that I would have posted before and after the trade itself was taken> www.tradingview.com www.tradingview.com www.tradingview.com www.tradingview.com www.tradingview.com www.tradingview.com www.tradingview.com I like showing all the...
What's up guys, I hope this message finds you well. It appears that gold did actually play out almost exactly like I wanted it to and surprisingly I was right. Here is the link to the original analysis - www.tradingview.com The good thing about this is that due to it being a news event I wouldn't have been able to engage anyway until maybe after the event but...
XAUUSD has hit all our bullish targets. In our last analysis we have explained that if 2370 is not hit then the xauusd will fly to 2385 2393 2404 2421. bullish targets hit 2385✅✅✅ 2393✅✅✅ 2404✅✅✅ 2421✅✅✅ why xauusd fly high with cpi news? For the last three months the cpi is less than the expected value and fall in consumer price is an indication of finance...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold prices (XAU/USD) are rising due to a weaker US Dollar amidst speculation that the US Federal Reserve may cut interest rates in September following weak employment data. Political uncertainties in France and Middle Eastern tensions could further drive up Gold, a traditional safe-haven asset. ⭐️...
If we look to the left, gold would have completely reversed the move it created last week Friday for NFP. Thus gold has now gone somewhat bearish which means sellers are interested. If you look at the area circled (in purple) there would have been sellers interested at that level. Gold literally just took out that area. Any sellers who had sold around...
Scenario A: Gold is looking promising for upcoming sells within the 2-day supply zone. As price has been bullish, I expect it to slow down and weaken when approaching this supply. Once price mitigates, I anticipate a Wyckoff distribution to form, providing a precise entry for a valid sell. Scenario B: If price retraces before reaching the supply and enters a...
Hello traders! As expected in the previous analysis, the GOLD reached the OB level and now I see a good opportunity to execute a short entry. Please LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍ if you enjoy this idea! Also, share your ideas and charts in the comments section below! This is the best way to keep it relevant, support us, keep the content here free,...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) continues with its struggle to make it through the 50-day Simple Moving Average (SMA) pivotal resistance and trades with a mild negative bias during the Asian session on Wednesday. The commodity, however, remains confined in a familiar range held over the past week or so as traders...
Gold is still on a sell trend, stay patient when trading Gold the Higher Time-Frame is bearish. Price Action is observed, use proper risk management and Happy Trading. OANDA:XAUUSD FOREXCOM:XAUUSD PEPPERSTONE:XAUUSD CAPITALCOM:DXY
Analysis of Gold Price Movement in May 2024 For the daily timeframe in May 2024, Gold has opened at a high level, indicating potential seller activity. The initial target for price movement is the open price of 2321.07 , serving as the primary take-profit point for the monthly structure. Utilizing Fibonacci analysis, the first take-profit level is identified at...
Hello Traders! I am looking for a short trade from the supply & OB resistance zone. I expect to see a 50% retracement which could be turned into a 2R profit target. Keep in touch and all eyes are on the next move 👀 Please LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍ if you enjoy this idea! Also, share your ideas and charts in the comments section below! This is...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) continues its steady movement below $2,300, approaching a two-week low. The Fed's unexpected hawkish stance earlier this month, predicting only one interest rate cut in 2024, bolsters US Treasury bond yields and hampers the non-yielding gold. The global equity markets' underlying...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) dips for the second day, hitting over a week's low during Wednesday's Asian session. Influential Federal Reserve officials' recent hawkish comments imply no imminent rate cuts due to a strong US economy. This boosts US Treasury bond yields and the US Dollar, negatively impacting the...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) trades lower despite weaker USD. Stronger US PMI delayed interest rate cut, limiting gold's upside. However, safe-haven flows from geopolitical tensions in the Middle East and Ukraine may boost gold in the near term. Investors will closely watch the speeches of Fed members Lisa...
Gold remains in a multi-week sideways range, pushing back towards resistance despite a stronger US dollar. The precious metal is back above all three simple moving averages and looks set to test $2,400/oz. next week.