Yesterday, it pulled up quickly after falling, and after returning to the top of 1950, it tested the support of 1951 many times and did not fall below. At that time, I reminded on the channel that it might be going up. Today, it came above 1960. The key support is 1957, and the backtest is not broken. It will go above 1970 and may eventually test around 1980....
Affected by the data, gold is currently rising rapidly, but the impact of the data is only temporary, and gold in a higher position also gives us better short opportunities Personal trading strategies: XAUUSD:sell@1970-1975 tp1960-1955 Join me for more free accurate trading signals
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.
Today's gold analysis: Friday's multi-single strategy, after gold fell to the 1950 position, gave an opportunity to enter the market. Finally, take profit and leave the market at the 1959 position. Today we need to pay attention to the support position of the 1940 position, while the above needs to pay attention to the breakout of the 1963 position. This wave of...
Economic Conditions: The performance of the global economy, including inflation rates, interest rates, and overall economic stability, can impact the demand for gold. Gold is often seen as a safe-haven asset during economic uncertainties and inflationary periods. Geopolitical Tensions: Political instability, conflicts, and geopolitical tensions around the world...
Gold futures have fallen nearly 9% since the May high, but there are signs that it is trying to form a base around $1900.Whilst the psychological round number has helped to play a part, it also coincides with a volume cluster in the rally at the beginning of March. We therefore see the potential for a minor bounce at a minimum from current levels whilst prices...
Gold short-term accelerated rebound on Monday, from the gold trend, gold prices may face the risk of pullback, the downside target looks around $1950, the upper is obviously suppressed by the 1960 moving average, without breaking above 1965, gold is unlikely to rise sharply for the time being. Gold Trading Strategies Today: XAUUSD:sell@1962-1965 ...
We have change of character and imbalance Too we have very strong supply
We have strong supply and imbalance I thing will up in futuer so.follow your m9ney mangement
Last week, it continued to oscillate in the 1950-1963 range. So far, the support around 1950 still exists, and the resistance is concentrated in the 1958-1963 range. In the case of a long-term sideways market without breaking, the probability of the market going down is relatively high. So the trade should be short rallies.
It is still premature to anticipate a gold rally despite the recent price increase of over $30 for the week, as the gold market will remain highly responsive to the Federal Reserve's (Fed) interest rate projections. I expect a correction at the beginning of the week. Price retested the range high twice and rejected. The market is undecided, waiting for news, so...
Gold has managed to form a Double Top Pattern near the 🔴 resistance zone($1,973.3-$1,966.35) 🔴. I expect gold to fall to at least the 🟢 support zone($1,939-$1,932.16) 🟢 after breaking the neckline in the coming hours. Gold Analyze ( XAUUSD ), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please...
FXOPEN:XAUUSD Gold has resistance at 1950.5 and it will do sideways movement. The gold will do sideways movement.
I will keep utilizing Selling every Top's strategy (for #3-Month fractal now) as my Selling order engaged on Friday's session is still active (#1,958.80 entry point) as it is very important that market closed below #1,957.80 sequence. DX is my main chart for now and look for pointers there prior to positioning. #1,942.80 is my first Target and #1,940 is my second Target
It is recommended to go short around 1960, stop loss at 1965, and hold the target at 1950. For long orders, first look at the situation of 1950 support breakout. Contact me for specific trading signals
GOLD looks nice for a short setup, but first! This is a daily Time frame!
GOLD (XAUUSD) we have to improtant zone for BUY and SELL but we will waitting because we have many important NEWS at this week good luck for everyone
Here is quick understanding about gold Gold had shown consolidation after it broke resistance near $1940 -$1935 range in recent market, which was due to the CPI report. The decrease in consumer inflation also resulted DXY prices to decrease, which led the gold to consolidate through out the day. As per the current situation the resistance level that is coming...