Gold has managed to surge its way to US$2,020/oz, taking full advantage of the renewed weakness in the dollar price and treasury yields. Recent data from the US showed a slowdown in the services sector growth, fewer private company job additions than expected in March, and a fall in factory orders for the second consecutive month. This suggests that the economy...
Good evening Gold Gang! hope you've had a great trading day once again, analysis was super accurate for the buys .. did i know it would rally so far? .. absolutely not. Thats why we take profits! if you missed out, there will always be another DO NOT FOMO Ok tonights asian and pre london, lets have a look. Price is obviously over extended after todays move .....
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.
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.
Good evening gold gang! hope you are well. A great day today on our favourite pair .. my forecast was bang on in the asian sells and london/ny buys .. congrats anyone who got in with me. Price is very bullish and the dxy pushing down so im expecting price to push up to the next key level IF the 4hr flips .. the flip is marked on the chart. It is a relatively...
Today, the price of gold exhibited a trend of opening low and closing high, consistent with our analysis over the weekend that there would be a downward trend followed by an upward trend. Due to the decline in the US dollar index, the market showed further upward movement, with a short-term resistance level of attention at $1,990. Personal trading strategy:...
Good evening gold gang!! hope you are well Ok today very boring day until london close where we saw the break out finally! .. price thrusted to the upside and buys became available as per my analysis. Price shot up very quickly and hit my target tp. If you were in this trade, congratulations! on to the asian and pre london session outlook .. ok price is now...
Good evening gold gang! .. hope you survived the range. Today was a very rangey day with price accumulating around my 1964 level. We managed a small sell in london and a small buy in NY today but nothing met full target. Thats where risk management comes in. So we have a range on our hands .. what does that mean? .. it has to break out. I have marked out the...
The price of gold hit a high of $1,971/oz before retreating and finding support above $1,960. Upbeat equities and higher Treasury yields make it difficult for XAU/USD to continue its recent rally. Fears of a wider banking contagion have also abated, hurting demand for safer assets. The market cheered First Citizens Bank’s agreement to buy all deposits and loans of...
Hello Traders Tell me what you think about Gold in the comments Gold has been showing signs of bearish momentum in the 15 min time frame as indicated by the breakout of the support level. This suggests that there may be a potential trading opportunity for sellers in the short term. Regards, The Mehdi
What is good gold gang!! Asia provided not much volume but price moved down to my level and broke below giving us the sell opportunity. I personally jumped out at 18 pips as price was reacting to a zone to the left that could prove it to be a fakeout. This was correct and the fakeout buys became available after my trading hours .. beautiful break and close...
good evening gold gang! .. hope you're well Another winning analysis day on the charts .. my entry got stopped out unfortunately due to a long liquidity wick. The candle flew up after but i was the liquidity in this case .. you cant win them all!! i just move on. Ok, so price is in a zone where its looking like its ready to break the 4hr highs and go for the...
Good evening gold gang, hope you've had a good weekend OK market open, asian session outlook .. tricky one as the market is still very undecided. DXY bounced from a very important level which should indicate price to continue bullish as dollar is moving down. Previous daily candle is close to its own flipping point which would mean a nice selling opportunity...
Good afternoon gold gang!! hope you are well price action has been a strange one this morning and last night in asian. Maybe gathering orders ready for the move above the 2000s? I am patiently waiting for the 2000s to break and strong close, to take buys. Sells are valid too but will need to be further down to confirm bearish trend. Good luck traders, you...
Good afternoon gold gang! Rangey day as predicted awaiting the news. This is where traders get caught out!! Do not trade the death range!! I call it death range as its designed to destroy newbie traders expecting it to break. DO NOT DO THIS wait for the news and some clear direction. Ill be back on later on for the news announcement .. until then .....
Good afternoon gold gang!! A great morning on gold with monster sells caught by the community. Nice! This session im expecting a pull back of sorts, so im hesitant to take the sells i have marked up. The target below is a very strong zone so the sells are very valid, but i may be sitting it out. Buys for me would be above the recent consolidation marked out...
Good morning gold gang! hope you are well on this gloomy london morning. Asian session saw little volume not breaking any of my zones .. so for those watching last night, it must have been slow. Pre london saw a little false breakout of our zone before shooting up for buys. My entries are always on the break of the previous .. so no activation. I took a small...