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.
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On past day's trend gold has fall to 1955 while now its settled at 1962-1963, Meanwhile it may check the level of 1990 today.
At present, unemployment benefits are a very critical data. The U.S. unemployment benefits will be announced today. The previous value showed 264,000. It is expected that the number of people receiving unemployment benefits will decrease. The dollar is expected to be bullish and gold will fall. I personally think that when the data is released, gold will fall...
Today, gold continued to fluctuate and fall from above 1980, and finally fell to above 1950. Today's attention is clear. We are bearish in the direction, and there will definitely be new declines in the future, but the US unemployment benefits news stimulated the decline. Through technical indicators, we can try to go long and strive to make us more profitable....
The price of gold is hovering near a seven-week low due to the recent downtrend. The strength of the USD is causing this, as optimism about the United States debt ceiling talks and hawkish Federal Reserve comments are supporting the currency. Additionally, recent challenges to US debt limit extension and a US-Taiwan trade deal are causing the XAU/USD price to...
Gbpusd bearish sentiment as Asian markets undergo trading, USD is still king for now waited for deep correction into a deeper fair value gap which never triggered which indicates strong selling pressure, taking half percentage Risk on this trade considering its low volume but big bearish fair value gap liquidity sweep incoming
Gold price has broken short-term support and hit a multi-day low due to stronger US Treasury bond yields and the US Dollar. The Federal Reserve officials' hawkish bias and the US debt ceiling concerns are contributing to this trend. Bearish signals from the Moving Average Convergence and Divergence (MACD) indicator and a two-month-old bearish triangle pattern...
Waiting the price to 1963 area then buy Our goal wil be 2040 wish is a powerfull resistance dont forget to put SL perfect price for the SL is 1945. wish you best of luck
Gold / XAUUSD is declining, which is a technical pull back inside the long term Channel Up. A 4hour Death Cross will be formed tomorrow and in the past 12 months it has been a bearish signal of sell continuation. We expect the bottom to be either on the 1day MA100 (1930) or the lower dotted line (1910). In either case, over Support A as on February...
Recently, the market has been paying attention to the US debt issue, and the Biden administration will hold a press conference on Sunday.Biden and U.S. Congressional Republican leader McCarthy emphasized on Wednesday that they are determined to reach an agreement as soon as possible to avoid a debt default that will have a disastrous impact on the economy.Thanks...
At present, gold has been fluctuating around 1970-1975, so I judge that 1970 is a very stable support line. Then friends who have already taken a profit in the previous trading signal can look for opportunities to go long again. I will choose to go long as low as possible, probably around 1970-1972, and the target is near 1978-1980. After reaching...
we've broken out of a nice structure we've seen price consolidating in for some time now, our first area to target will be the 2002 area and then after we break through 1998 im looking for a continuation move to the Downside of the 1951 area if gold continues to move down we can look for the Previous Higher time frame Lows to be back tested and Respected as...
Gold is failing to break through the 4h support, giving us the low-risk opportunity to buy gold, when you look close to the m1. the buyer's momentum has reduced. so look for confirmations to buy short term.
I see gold could make one more low right now, however I prefer to wait and see as I can't find a good risk-reward ratio for selling and that there is possibility that A of 2 has completed and now is entering wave B of 2. If chart goes as planned, there should be rejection on Fibonacci Retracement on 1.272 level. If not price could go lower up to 1.618 level. To be...
Continuous short selling, continuous profit.After the direction came out, he dared to enter.This time the gold price is the same as my judgment. The gold price will fall to 1970, and all the orders will be killed before the rise will be ushered in. I judge that the ultimate goal of this wave of empty orders is to fall below 1970, because only in this way can all...
Now I'm running hard, just to catch up with the person I once had high hopes for——John. livingston The short position has emerged, and short selling is the current main rhythm. Gold has formed a relatively obvious downward trend. It has started to enter the short position since Tuesday, starting from the short position around 2022/20, followed by the short...