Pair : XAUUSD ( Gold / U.S Dollar ) Description : Bullish Channel as an Corrective Pattern in Short Time Frame and Breakout of Lower Trend Line Break of Structure RSI - Divergence Completed " 1234 " Impulsive Waves S / R Level
In the latest global events, Gold has soared to new heights, hitting a five-day peak above $2,400 fueled by escalating tensions between Israel and Iran. Investors sought refuge in the non-interest-yielding asset as uncertainty loomed, driving prices to a weekly high of $2,417 per ounce. However, the rally proved fleeting as Iran quashed fears of immediate...
Spot gold technical analysis Daily resistance is 2350, support below is 2320-2300 Four-hour resistance is 2334-64, square support is 2320-2300 Gold operation advice: Gold rebounded after bottoming out in the U.S. market yesterday. After hitting the lowest near 2291, it began to counterattack in the U.S. market, and the highest hit near 2332. After two months of...
Spot gold continued to rebound in the short term, with the price of gold once touching $2,330, climbing nearly $15 from the intraday low. It was always difficult to break through $2335 and then fell to around $2315. If gold prices want to reverse the downward trend upward, the outlook for gold prices remains bearish unless gold prices rebound above...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves and " AB " Corrective Waves RSI - Divergence Break of Structure Bullish Channel as an Corrective Pattern in Short Time Frame Fibonacci Level - 38.20% / 50.00%
friends The recent overall trend of gold in the market has shown a decline, but trading is also full of challenges. Opportunities and challenges coexist. Are you ready to meet your challenges? In my trading advice today, I emphasized the trading idea of shorting gold at high prices after a rebound. I wonder if you have adopted my trading idea in your trading...
Friends, gold has plummeted recently, and opportunities and challenges coexist. Are you ready to welcome your victory? Spot gold suddenly plunged nearly 40 US dollars in the short term, and the gold price just hit a low of 2295.44 US dollars. What happened yesterday was that this important factor that was good for gold prices disappeared. Tehran has played down...
Affected by the geopolitical situation, gold has rebounded, but we still insist that gold only rebounds rather than reverses. Therefore, Sell can continue after rebounding near 2325. Gold's 1-hour moving average continues to cross downwards in a short position, and there is no sign of a turning point. Gold's rebound is limited, and it has not truly stood above...
Gold made a strong counterattack yesterday, and it seemed that the market was about to reverse. The market did not continue to rise in the evening. Gold shot up at 2331 and fell back. The strength of the rise was limited. The gold rebound was not a reversal. The current price in early trading was 2327 and continued to be short! Gold's rebound yesterday did not...
Gold creates Double Top pattern it will go down after the double-top pattern will confirm TRADE PLAN: ENTRY AT 2316 TP1 2301 TP2 2285 SL 2335
H4 Analysis: -> Swing: Bullish. -> Internal: Bearish. Price has now printed a bearish which confirms the initiation of pullback which was needed by all HTF's. Following the bearish iBOS we now expect price to pullback. Intraday expectation: We are seeing a reaction to H4 flip zone where price could target weak internal low, however, price is trading in...
Gold plummeted more than $50 today, and has already seen a negative trend during the day. With the market's concerns about conflicts in the Middle East further fading and the continuous hawkish signals from Federal Reserve officials, a sharp decline is expected in the near future. As the impact of the situation in the Middle East subsided, the price fell as low...
The short trend in gold is not over yet, and the rebound is an opportunity to continue to give Sell. The 4-hour double top of gold suppresses the rise of gold. At the same time, the 1-hour moving average of gold continues to cross downwards, the short positions are arranged, and the opening continues to widen, and the short positions of gold will continue....
XAUUSD | Gold Setup Timeframe M15 This idea is based on Educational Purposes We will Wait for break the Ascending line Current point at 2302.00 if Gold break the 2306 point we will open our positions from that point We will hold until Resistance at 2319 break then 2339 and our End Target would be 2349.00 if this point ( 2306 ) can not break this idea would be...
H4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Price has now printed a bearish which confirms the initiation of pullback which was needed by all HTF's. Following the bearish iBOS we now expect price to pullback. Intraday expectation would be for price to retrace to H4 POI or 50% EQ to then target weak internal low. H4 Chart: M15 Analysis:...
Dear Traders, Hope you are doing great, Gold declined from 2417$ mark and dropped significantly 600 pips on first day of the week. This implies that Gold is likely to make major correction before it rebound and continue the bullish trend. For us, we can enter now with accurate risk management and target 2300$ first and then our second target can be at $2280. The...
In early Asian trading, spot gold fell within a narrow range and is currently trading around $2,383. Gold prices temporarily came under pressure at the $2,400 level mid-week last week, but with two failed breakouts, bulls have opened the door to profit from the breakout, but support continues to be bought. I’m not sure if this is accumulation from larger...
Gold has been falling all the way today, directly falling below the previous low of 2354, so the decline of gold will continue, and gold is ready to rebound to around 2347 Sell! Gold’s 4-hour double top structure is a bearish pattern. The bulls are helpless after being tossed around today. This is also the biggest change in the gold market recently. The shorting...