Gold has respected my analysis. I did say that the EQUAL LOWS at the 2153 level need to be broken. Price has done exactly that. Price action is king!!!
Gold retreated marginally from all-time highs as US T-bond yields edged higher. Near-term technical outlook shows XAU/USD is still overbought. The Fed will announce policy decisions and publish the dot plot this week. On the flip side, the $2,178-2,180 region now seems to have emerged as an immediate strong barrier, which if cleared should allow the Gold price...
last day of the week we made almost 190 pips from two short position from golden area 2166
This week, I'm eyeing shorting opportunities in Gold. After witnessing strong bearish momentum last week, I anticipate further downward movement to breach nearby lows, which are acting as liquidity points. Additionally, I've identified two nearby supply zones from which I expect price reactions. I'll exercise patience as I wait for price to test the lows and...
We basically focused on shorting gold last week. The rebound is to give short selling opportunities. Although gold rebounded during the process, it eventually shot up and fell back. When gold shot up and fell back at a high level, it was a bull market. The gold 1-hour moving average is about to enter. If gold rebounds near 2165 next week, it will be the moving...
Description Whats up dear friends in the next week's gold analysis we can expect to a breakout in the zone which is 2175-2150 if there is no breakout then we go long till 2200 let's see have a great day and good luck
Gold is still volatile today. I placed a short order at 2169. In the short term at night, just continue to hold 2169 short. The stop loss remains unchanged at 2178. Wait for the decline. Let’s first look at the 2145 line.
Don’t be afraid of gold’s rebound. The rebound is for better short positions. Hold the 2180 line. We firmly watch the decline. The four-hour line is still close to the moving average. The high point is still lowering. The slope is obviously downward. At the same time, the moving average has obviously turned downward. We need to be patient and wait for the...
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....
Gold (XAU/USD) has lacked directional conviction since the beginning of 2024, with prices oscillating between technical resistance at ~$2,065 and horizontal support at ~$2,005. Although bullion’s prospects seemed more positive a month ago, the bullish thesis appears to be on hold for now, especially after the Federal Reserve indicated that it is in no hurry to...
Gold lost its traction and declined toward $2,160 in the early American session on Thursday. The benchmark 10-year US Treasury bond yield is up more than 0.5% on the day above 4.2% after producer inflation and Retail Sales data from the US, weighing on XAU/USD From a technical perspective, any subsequent move up is more likely to confront some resistance near...
U.S. consumer prices rose sharply in February, indicating that inflation is somewhat sticky. Data showed that the consumer price index (CPI) in February increased by 0.4% from the previous month and 3.2% from the same period last year, higher than the expected 3.1%. This further reduces the possibility of the Federal Reserve cutting interest rates before June....
If the candle (1 day) closes below the last one, I believe it will go down. Hit me up if you agree with me
We made almost 260 pips from our golden area on wmp after that yesterdays off position and being no trade an not touching our area
Gold Price: Current Pricing, Prices Chart & Rate Graph 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...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) is consolidating its recent rally to the $2,200 neighborhood, reaching a fresh record high on Friday. The spike in the US unemployment rate has increased expectations for interest rate cuts by the Federal Reserve (Fed). As a result, US Treasury bond yields remain low, hindering the...
HELLO TRADERS As I can see GOLD is now trading ATH tested 2194$ I am expected a reversal from this zone till design TP Friends DXY already has reached @ Stong Support Zone on Friday and holding above support levels NFP data show a strong number on Friday this week CPI and Inflation Data can move $ Friends it's Just and trade idea with a very small risk & reward...
The fundamental is so strong that lots of people think FOREXCOM:XAUUSD is still in it's bullish trend. Yes, it is bullish, still. But the correction is underway also. And I see XAUUSD is ready to fall at any moment. the bearish momentum might be short term, still the market will be the final jugde of where the price will go to, because the government won't let...