Gold breaks the rectangular box in downward direction so now its probably go more bearish
Gold price (XAU/USD) struggles to capitalize on its modest gains registered over the past two trading days and edges lower on the first day of a new week, albeit the downside remains cushioned. Market expectations that the Federal Reserve (Fed) will delay cutting interest rates were reaffirmed by the release of the US Personal Consumption Expenditures (PCE) Price...
This chart depicts the price movement of Gold Spot in relation to the U.S. Dollar over a period of time, likely on a one-hour timeframe based on the label. Here's a summary of the chart analysis: The chart shows a pattern resembling a rising wedge formation, characterized by converging trend lines sloping upwards. Within this pattern, there's a series of higher...
Layers 2332-2334 Sl @ 2338 1st tp @ 2328 2nd tp @ 2322 3rd tp @ 2316 4th @ 2312
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price fell slightly on Tuesday in the North American session due to a weaker-than-expected S&P Global Purchasing Managers Index (PMI) report. Despite the Greenback's weakness, buyers were unable to take advantage, while US Treasury yields declined. XAU/USD traded at $2,323, down 0.11%. The US...
According to my chart analysis ,Gold GC xauusd show strong signal to sell .
Layers 2382.5 - 2384 Sl @ 2388 1st tp @ 2377 2nd tp @ 2370 3rd tp @ 2364 4th tp @ 2358
OANDA:XAUUSD Gold stages a correction on Tuesday and fluctuates in negative territory near $2,370 following Monday's upsurge. The benchmark 10-year US Treasury bond yield continues to push higher above 4.6% and makes it difficult for XAU/USD to gain traction.
Welcome . Analysis of the gold market. On the clock frame. Everything is explained in the analysis. Please comment if there is ambiguity in the analysis. Or you didn't understand anything. I will be happy to respond. Good luck everyone
Layers 2359 - 2361 Sl @ 2367 1st tp @ 2354 2nd tp @ 2350 3rd tp @ 2344 4th tp @ 2340
Gold is so crazy today, it has not seen such violent fluctuations in a long time. Due to the sudden war news, it quickly broke through 2400. After reaching around 2430, it started a plummeting mode, with a drop of nearly $100. Maybe it's a coincidence, but we can't rule out that this is controlled by funds. Bulls are creating shipping opportunities....
Gold has been very bullish for the last two days but it went bearish from the last hours of market closing now we have two plans to trade with gold one is the sell plan and the other is the buy plan which will executed as it touches support or resistance
Gold has risen again when the support is effective. Trading after a sharp rise like this is very simple. You can't go wrong by going short, because after a sharp rise, the indicators need to be repaired. So if you want to trade, just go short and just pay attention to the support levels. At present, the support is first around 2374, then around 2366, and then...
Layers 2347 - 2348.5 Sl @ 2355.5 1st tp @ 2342 2nd tp @ 2338 3rd tp @ 2332 4th tp @ 2326
Layers 2338 - 2339.5 Sl @ 2343.5 1st tp @ 2332 2nd tp @ 2326 3rd tp @ 2313
I take the first step of the sell position on the gold chart at this point. I will enter the second step at 2330. My first target is 2190.
Embark on a Golden Odyssey! 💫💎✨ 🔥 Attention, savvy traders! Prepare to plunge into the radiant realm of GOLD! 💫 With XAUUSD taking center stage, let's navigate the twists and turns of this captivating market. 💰📈 🌐 As the golden bull charges ahead, shattering records like never before, it's crucial to remain alert amidst the whirlwind of opportunities. 📊💥 But...
Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate....