Please note: This is a personal journal only, but NOT a trading suggestion. Current price: 2141 ===================Technical Analysis================= Gold has embarked on a robust bull run after testing the support at 1990, rebounding sharply without experiencing the typical correction. The market is currently in a severe overbought state. A key resistance...
On the weekly time frame, gold has reached a range for which correction is possible, provided that at the end of the week, the weekly candle closes with a shadow similar to or greater than the one created in the live market.
Discover an enticing Selling opportunity in GOLD as it undergoes a critical retest of a key resistance area. With market analysis, technical indicators, and price action as your allies, evaluate the potential downside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics.
Short from: 2082.901 Take profit: 2057.223 Stop loss:2091.458
Gold News: Read the Latest Analysis on XAU/USDGold 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...
📣GOLD Weekly Prediction ➡️Gold Has made a Stronger upside 🔼 move because of Strong Data🆕🆕 & a North Korean military equipment to Ukraine.🔥 🔍Now Gold Has Support zone Around 2069 - 66, Initially Gold will Fall🔽 towards Support zone & if Holds then upside 🔼2093 - 98 could be seen. I expect that Gold will test 2070 & 2052 Sharply .
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) is holding steady around the $2,045 mark during the Asian session on Friday. It remains within close reach of a nearly one-month high reached the day before. The release of the US Personal Consumption Expenditures (PCE) Price Index on Thursday showed that annual inflation in...
Hello traders ,what do you think about GOLD?In the daily chart of gold, the structure of the market is sideways and the price fluctuates in a downward trending channel and is currently at the ceiling of the downward channel. On the last trading day of last week,gold broke the resistance of 2035, but the volume of transactions decreased compared to the previous...
I am watching TVC:GOLD after the recent breakdown of a triangle pattern. Price has come back to test the triangle and we are waiting patiently for a signal to go back short. The 1H time frame is almost done filling a fair value gap and it lines up with the bottom of the triangle. Gold can prove to be tricky to pin an entry so i would like confirmation before...
Gold is following a downward trend line in the 4-hour time frame and has formed a short-term ascending channel! Gold is currently at a very important resistance zone of 2035 - 2039. Here we have two possibilities: 1. Gold may fail to break above this resistance and continue its downward movement from this area. 2. Gold might break above this resistance with...
Looking at the chart, we can see that the Dollar Index is approaching a very strong and significant support level, while Gold is facing a crucial resistance level and is below a descending trendline! We know that the Dollar Index and Gold have inverse trends! This means that as the Dollar Index goes down, we can expect Gold to rise, and vice versa! Now, what...
Hello Traders what your next target for Gold pair) Gold pair technical and fundamental analysis📈📉📊 (Technical analysis)📉📈📊 Gold pairs last week well moving Up trand 1986 to 2040 Test breakdown down raenj now Gold pair test supply zone of 2040 I think Gold pair this week' well short Berish moment Test 2016 Diamond zone 2016 and my analysis target (Diamond...
• Gold price oscillates in a narrow trading range around $2,035 on the softer USD. • Four Fed officials emphasized that they don’t see an urgent case to cut rates and more evidence of inflation data is needed. • The ongoing Middle East geopolitical tension might boost traditional safe-haven assets like gold. • The January Chinese Consumer Price Index (CPI) and...
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....
Hello traders ,what do you think about GOLD?Gold is placed below the resistance zone and the trend line. It is expected to fall to the specified level after the completion of the pullback to the broken level. This week, important data will be published, including the PCE, from the US, which will affect the US dollar and ultimately the movement of gold. If this...
Hello Traders! This is my idea related to GOLD H1. I see that we are in a bearish channel and at the moment, I would like to see a retracement from the resistance level. I will look for a short entry if I will see a confirmation of a bearish market structure. I expect that we will reach the PWL and my target is 1975. Traders, if my proposal resonates with you...
Hello traders ,what do you think about GOLD? In this week, gold did not have any big movement and was fluctuating. Looking at the chart, we can see that it has broken the trend line and is under the resistance zone. After the pullback to the broken level, it is expected to drop to at least the indicated level If this post was useful to you, do not forget to like...