The price of XAUUSD(Gold) is currently in an uptrend. If the price manages to break out of this zone again, we could potentially witness further continuation of the price rise, possibly up to 0.64255.
Daily Bullish Trend May Resume on Today NFP. Expecting a Friday New York Reversal Today. Wait for M5/M15 (MSS) and then Enter.
Overall, the price of gold continued to show a strong rebound above the 1951 mark. Relying on 1953-1952 to enter the market yesterday to do long, and finally reached the target position to sweep and take profit. Today's lower support continues to focus on yesterday's neckline near 1953-1955, and the intraday retracement relies on this position to continue to be...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
gold forms a flag pattern, the biggest possibility is bearish
As Predicted Earlier, Gold Started Flying from Projected Area Close to 1925-1922. Now, Expecting a Pullback to 1935 Area and then Rise to 1990-2000 Level.
I have two options for analyzing the movement of GOLD. The first option is that the price is in a bearish channel and is trying to retest the trendline before finally going down to the SnD area. Or maybe the second option is that the price is in a sideways trend, where the price will move up to the resistance, if the blue box resistance is indeed responded...
there is a FL up ahead which avoids price to go further, I believe this Fl will consumed ASAP and the price will go for next demand zone. TP is the next supply zone that can be a good place for LONG! ⚠️ Notice: I will enter one third of my position when price touch the box and the rest of it in the middle of the box. My TP would be R/R=3 and 5. Please trade with...
Gold is currently at the bottom of the uptrend channel, gold is reacting nicely off my area of interest. there are multiple confluences for gold to move higher and break ATH
When considering CPI, a lower figure is preferred when buying assets such as gold, EUR, EURUSD, Cable, and indices. The weaker the CPI, the better it is for risk assets, especially those associated with hedging against the dollar. For instance, if there is a year-on-year 4.7% inflation and a month-on-month 0.2%, it would be ideal to buy indices and sell dollars...
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Gold had broken a weak low @2008.50. considering the htf order flow as bearish (price had been rejected on htf), this signals a change in character and hence can wait for pullback at a premium supply zone and short this commodity
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
I am closely monitoring gold's movements and have a plan in place for both scenarios. If gold breaks the uptrend channel, you anticipate a fall to 1950, where you plan to look for buying opportunities. Alternatively, if gold breaks the decline trend line, you anticipate an acceleration to 2050 and plan to enter on pullbacks to find buying opportunities. Gold...
I believe that gold prices may experience a slight increase as the US dollar is expected to gain support and potentially strengthen. However, based on my analysis of market confluences, I will be looking for a potential selling opportunity within the area of interest between 1995.63 - 1996.52. If these confluences align as expected, I anticipate a favorable market...
If gold breaks below the uptrend channel, I anticipate a further drop in its value. However, I have identified two specific areas where multiple factors converge, and I will keep an eye on them for potential buying opportunities. There are several factors that can cause the price of gold to rise: Supply and demand: Like any other commodity, the price of gold is...
My prediction is that gold will experience a pullback before resuming an upward trend and reaching a new all-time high within the next few months. I am currently waiting for the price to reach a specific area of interest before actively seeking out potential buying opportunities.