Very important points, if gold breaks the 1964 zone, then trend change and the structure of the market will be changed, and we will wait for the confirmation candles on H1, M30 to put a buy trade, but as per the behavior of the markets, the 1960–1964 zone is a strong Resistance zone, and markets have already tested and given respect to the level. Now wait for the...
#GOLD.. market 2nd time test our downside area 1953, its still a valid level for move anyside, keep in mind only above 1953 sustain move can leads you towards upside areas. and if break then it will leads towards next area.. trade wisely good luck
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.
Analysis: Price has been in this upwards trend for a while now but in the last couple of months we've seen that change and price has started to reverse and head to the downside. In recent times price was able to break past this long term upwards trendline that we've seen be respected multiple times, which signals to us that the bears are taking control of the...
In this video we take a close look at Gold. XAUUSD has traded into a key resistance level. Throughout the video we discuss the trend, price action, market structure and other aspects of technical analysis. We also look at a potential trade idea. As always everything explained in the video and not to be construed as financial advice.
GOLD is approaching a potential supply zone which could be the beginning of a consolidation retracement, the best point for shorting is above 1972.70 liquidity point in the supply zone looking down to a target 1942.68 or 1937.48
The US Dollar Index (DXY) has remained steady at around 100.50 after a five-day decline. The United States Consumer Price Index (CPI) has softened, reducing concerns about a potential recession. The US Producer Price Index (PPI) data will be closely monitored on Thursday. Regarding interest rate guidance, Commerzbank economists noted that inflationary pressures...
As you can see the bullish channel is broken and price needs to get back in if it want to reach a HH. also there is an unmitigated OB which cause a big drop on price. my idea is, price will test that area and bounce back to channel to test the last consolidate area around 1925-1930.
Divergences or correlations are rarely always valid, there are many variables at play and the monetary policy context plays a fundamental role. I don't want to do an economic analysis here, but just share this idea of possible divergence between Dollar and Gold in short term. In mid-term, I think we will see a warm autumn and volatility could reign in the markets...
In June, the United States inflation fell to 3%, which is the lowest since March 2021. This was slightly below the market's expectations of 3.1% and a significant decline from May's rate of 4%. Additionally, the core inflation rate unexpectedly dropped to 4.8%, marking its lowest level since October 2021. The implication of this deceleration is that it could...
Hello Traders and Investors , my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Gold 💪 The monthly timeframe on Gold is still looking quite bullish considering that Gold is currently retesting the 0.382 fibonacci retracement level in confluence with support at the $1930 level. On the weekly timeframe...
As you may be aware, the gold market has been experiencing some fluctuations recently, leaving many traders wondering about the next move. However, I wanted to draw your attention to some indicators that suggest a potential rally shortly. Firstly, the Stochastic oscillator, a widely followed momentum indicator, shows signs of recovery. After a period of decline,...
🚨 XAUUSD HIGH PROBABILITY BUY SETUP 🚨 * Here we can see clearly the next potential move for Gold in coming hours or day. * EP(BUY): 1912.25 * TP1: 1921.68 * TP2: 1930.34 * SL: 1900.78 * Keep your eye close on your trading positions. * Happy pip hunting traders. * FXKILLA *
#GOLD... market placed 1958 arround high in today as i told you about 1932 34 that was our supporting zone and market hold these areas and bounced.. now 1953 was our 2nd target in case of buying.. so if its market buying turn then it should hold it and continue buying ride.. if not hold then downside next area mentioned. . trade wisely good luck
GOLD is expected to rise ✔️ Recommended to consider buying from the balance and premium level Trade active: Now try to go up with new buyers... ✔️ Buy the dips!!!
if Gold takes out the sell zone as in the red arrow shows, expect a possible rise after a retracement with respect to the strong buy zone. at this moment gold is in range between these two zones, looking at the candles it obvious seeing a bullish momentum candles, indicating a possibility that the sell zone will not hold. seeing a momentum candle on a demand...
Hey there, 🌀Well, as you can see, the price has finally broken above the resistance level of 1935. ◼My expectation for gold is that the price will experience a minor correction and confirmation before continuing to rise toward the desired initial target within the price range of 1944. To better understand the continuation of the price trend, we should observe...
✔️ GOLD is expected to fall ✔️ Recommended to consider Selling from Seller Limit Area 1939.00 Zone Now try to move down with new Sellers. ⚠️ SELL the TOPS!!!