This week was very slow for Gold. The market was consolidating after setting a new all-time high. Here are potential scenarios for next week. If the price drops and closes below 2144 level on a daily, it will confirm the strength of the sellers and a correctional movement will be anticipated at least to 2090 level. Alternatively, a bullish breakout of a...
The U.S. dollar index headed for its largest weekly gain since mid-January, making gold more expensive for overseas buyers. “We increase our average gold price forecast for 2024 from $2,095/toz to $2,185/toz, targeting a move to $2,300/toz by year-end,” Goldman Sachs wrote in a note
Hey Everyone, Please see update on our 4H chart idea that we shared last Sunday. This chart has played-out perfectly with price hitting our first Bullish target start of the week at 2190 followed with no cross and lock above confirming the rejection into the retracement range completing our retracement targets. We are seeing price bounce between the two...
Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It’s traded constantly based on the intra-day spot rate....
Hey Everyone, Following on from yesterday, as suggested we are seeing price play within the range 2178 Goldturn resistance and 2157 Goldturn support. Yesterday we stated that EMA5 failed to lock below 2157 retracement level, which followed with the bounce into 2166 and leaving target 2178 open. This was hit perfectly and then once again ema5 failed to lock...
Daily/4h time frames analysis on Gold. Price action & important key levels. Trading plan explained. ❤️Please, support my work with like, thank you!❤️
The euro, a symbol of European unity and economic strength, stands as one of the world's most widely used currencies. Amidst global economic fluctuations, the euro remains a cornerstone of stability within the Eurozone, fostering trade and investment across borders. As the second most traded currency in the world, the euro's influence extends beyond Europe,...
Hey Everyone, Once again our chart idea played out level to level once again! We had the 2184 target hit yesterday but ema5 failed to cross above and therefore as stated we got the drop into the highlighted retracement range followed with the perfect bounce into into 2178 , as already market up on the chart with arrows from Sunday. We have also updated our...
PYTH:XAUUSD Hello everyone. Brief analysis: Gold has reached the upper boundary of the channel and met resistance in the 2180-2250 zone. Most likely, we will see a correction to global support in the 2080-2030 zone Too fast movement, no resistance, need to reset...
Gold inched higher on Monday, hovering near its all-time high after a remarkable rally last week. Now traders brace for U.S. inflation data that could offer insights into the Federal Reserve's stance on interest rates, and the direction for gold. Spot gold is currently trading around $2,181.47 per ounce, following a record peak of $2,194.99 on Friday, propelled...
Daily/4h time frame analysis on Gold. Price action. Potential scenarios. Trading recommendations. ❤️Please, support this video with like and comment!❤️
Gold Price: Current Pricing, Prices Chart & Rate Graph Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven....
Hey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are seeing price break into the new range and playing between two structures 2184 resistance and support at 2166 Goldturn. We are looking for a re-test and break on either Goldturn to confirm the next range We have a open target at 2184 and a ema5 cross and lock above 2184...
Hey Everyone, Please see our updated 4h chart levels and targets for the coming week. We are seeing price break into the new range and testing resistance structure at 2171. We now also have a resistance target open to 2190. We are looking for a re-test and break and lock above 2190 Goldturn resistance to confirm the range above or a failure to break and lock...
Hey Everyone, Please see our daily chart idea that we have been tracking for a while now, which is playing out and respecting dynamics perfectly. Previously we got the 2043 hit, as analysed and we advised that we will be waiting to see either ema5 cross and lock above 2043 to open the range above or a new Goldturn formation below 2043 to confirm rejection into...
Hey Everyone, This is our monthly chart long term projection chart. We have been tracking this chart since July 2023, which we saw completed hitting all our targets perfectly with a perfect finish on the channel top. We then tracked the rejection from the channel top into the monthly chart detachment highlighted by the circle with room still left at 1987 for a...
Bullish rally on Gold in unstoppable. Here are the next important resistance to watch for a potential market reversal. Resistance 1: 2236 - 2267 area Resistance 2: 2295 - 2315 area Pay close attention to these structures next week. ❤️Please, support my work with like, thank you!❤️
Gold broke its down trend at 1680 and It was a great opportunity for longing and now we heading to 1815 XAU continues to push higher and trades above $1,770 for the first time in nearly three months on Friday. The US Dollar stays under heavy bearish pressure as investors cheer the soft US inflation report and heightened optimism about Chine easing coronavirus...