Gold Analysis October 16: War risk sentiment supports Gold price - Fundamental analysis: Gold had the most exciting trading session of 2023 when it increased from 1868 to 1932. The war between Israel and Hamas suddenly escalated when the Israeli government warned more than 1 million in northern Gaza to evacuate the area. Haven products such as Gold are supported...
It could be retracment of a bullish move which was given to us in last week we have a confluence of Daily Resistance level and H4 bearish orderblock and as we remember we have achieved 68% fibbo retracment also the bigger confluance we are in down trend 📉 on daily time frame but for being safe the we in this little short trade is, in last week price has broke...
Greetings traders! We're currently observing a compelling setup in the XAU/USD pair. The price action is oscillating within a well-defined corridor. Recently, there's been a notable rebound off the corridor's lower boundary, indicating bullish momentum. Entry Zone: Our optimal buy-in range is situated between 1846 and 1854. This zone is derived from recent...
Hello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze...
After closing at 1932 , gold may continue near 1950 Then correction , then it will continue bullish trend if price closes above 1960 , it will continue near 1980. Keep in mind that political event will strongly influence price action, strict risk management is a must in this period. Leave your opinion in comments. Wish you a profitable week . Good luck.
I present to you a possible scenario going into the weeks ahead . Gold finished Friday 13 Oct very strong with a move that no doubt destroyed many whom were taken by surprise with the aggressive move out of 1880 back up to 1945 in one trading session . The question is what's next? Well no one has the exact answer but here is a possible scenario which could be on...
Gold - Elliott Wave Count Gold - Based on the current market structure, it is becoming clear that the ABC correction of Wave 2 has ended and Gold will continue to rise towards the $2400 range and beyond. Today's move indicates that the Wave 3 has already begun. However, it is important to note that if the market breaks the $1810 level, the aforementioned view...
today is Friday,I would like to remind everyone that as the weekend is approaching, the market is worried about news of geopolitical conflicts within two days of the weekend, which has led to rising market risk aversion, stimulating strong buying of gold, with gold rising to a maximum of around 1919. I informed everyone to go long gold near 1890 and 1900....
"XAUUSD: Celebrating back-to-back wins with over 450+ pips from our last two trades. This setup is the product of our recent victories! Show some love with your likes and comments!"
TVC:GOLD My current views on GOLD: Short chart explanation. This structure can be: 1. A continuation of the bigger WXY - forming another XZ correction (so the price is heading on the downside) 2. A correction at a smaller degree (ABC), finishing a potential Wave A on the downside, before bouncing forming the Wave B on the upside, potentially reaching again...
Hello traders! There was a positive response to the USD news, presenting a good shorting opportunity and a chance to target the lower liquidity. As always, I'm placing the stop loss behind the order block.
Gold is moving near the Resistance line and 🟡 Price Reversal Zone(PRZ) 🟡 and 🔴Resistance zone($1,904-$1,886)🔴. 🔔I expect Gold to fall after entering the 🟡 Price Reversal Zone(PRZ) 🟡at least to the 🎯 Targets 🎯 I have marked on the chart. Gold Analyze ( XAUUSD ), 4-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you...
According to the U.S. Department of Labor, the CPI rose 0.4% in September, exceeding the 0.3% rise in August. However, the annual CPI has declined compared to the peak of 9.1% recorded in June 2022. Traders now believe there is a 38% chance the U.S. Federal Reserve will raise interest rates in December, up from 28% before the inflation report was released,...
In the early stage, gold was affected by a series of hawkish moves by the Federal Reserve and ushered in a unilateral downward trend. However, the decline eased after testing near 1815 many times, and there was a downward rebound during the non-agricultural market, and the bulls launched a counterattack. Subsequently, the Palestinian-Israeli risk aversion...
My bias for XAUUSD on the daily chart! I expect 2 diferents scenarios for gold : - Trick traders into thinking it will go straight for 1804.95 - Go straight to 1804.95 ;) #ICTStudent
Today I tell you in advance that the short-term resistance of gold is in the 1885-1890 area, so I remind everyone not to continue to be long gold above 1880. In addition, before the CPI data was released, I informed everyone to short gold from 1883-1885. If gold rises to the 1888-1890 area, we will increase our positions to short gold. Obviously, the market did...
Hello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze...
The PPI index will be an indicator of the price sold to consumers in person (Consumer CPI index) will also increase accordingly. This will work strongly to determine interest rate increases by the US Federal Reserve (Fed). Tonight (December 10), the US will announce the CPI index. Experts say that if the CPI index also increases, at the upcoming meeting in early...