Gold was trading around 2166 on Monday; affected by a series of factors, gold prices experienced extremely rare fluctuations last week, with a single-week fluctuation of nearly $77. Last Friday, due to the optimistic economic outlook of the United States, DXY strengthened, and DXY refreshed its monthly high of 104.41. Precious metals faced a sharp sell-off, and...
H4 Analysis: Bias/Analysis remains unchanged since last analysis dated 22/03/2024 -> Swing: Bullish. -> Internal: Bullish. Gold continues it's bullish run following the Fed's dovish outlook on interest rates. Price has printed a bullish iBOS where we are currently trading within a fractal high and internal low. Relative to recent price action of the swing...
Weekly Analysis: -> Swing: Bullish. -> Internal: Bullish. Price has finally printed a bullish swing BOS. Most likely scenario would be for price to pull back following swing BOS (Break Of Structure) First structural indication, but not confirmation that pullback has initiated would be for price to print a bearish CHoCH which is denoted by a vertical blue...
Gold price (XAU/USD) drops to $2,150 in Tuesday’s European session as a strong US Dollar weighs heavily on the precious metal. The appeal for Gold remains subdued amid uncertainty ahead of the Federal Reserve’s monetary policy decision and the release of the quarterly dot plot on Wednesday. The Fed is widely expected to keep interest rates unchanged in the range...
Gold trades deep in negative territory below $2,170 on Friday as the persistent USD strength doesn't allow XAU/USD to benefit from declining bond yields. The pair still looks to post small weekly gains after having pulled away from the record high it set above $2,220 on Wednesday.
Gold is consistent with my analysis. The data rose and then fell again, making huge profits. All the signals I sent were profitable, and I will continue to send accurate signals next week. If your current trading requires professional guidance and analysis, don’t miss this opportunity and join me as soon as possible to make your account profitable quickly!
We basically traded our first bear fib on a longer term timeframe with the move down from highs . . . Our lows on Friday afternoon's session came within a buck of targets, so there could be a substantial retracement, potentially an "ALL THE WAY, HALF WAY BACK from the ALL TIME HIGHS. What this would look like is a Head and Shoulders Top . . . with the right...
On Friday, we observed a descent to the 4-hour demand zone, concluding with a precise closure at 2156, followed by a bullish surge in the final four hours. This entry point aligns with our anticipation of reaching all-time highs, driven by the bullish flag pattern identified earlier. Beneath this demand zone lies a critical support level, tested four times,...
Gold is consistent with my analysis. The data rose and then fell again, making huge profits. All the signals I sent were profitable, and I will continue to send accurate signals next week. If your current trading requires professional guidance and analysis, don’t miss this opportunity and join me as soon as possible to make your account profitable quickly!
After the news appeared, without any surprise, gold rose, so I chose to close all short orders before the news. What needs to be done next is to wait for a new top to appear, continue to short gold, and there will be more profits in the future. If you currently hold short selling orders in your account and are losing money, join me as soon as possible to help...
Gold continued to fall sharply on Friday, currently at $2,166. Gold prices fell back on Thursday. After Federal Reserve Chairman Powell hinted on Wednesday that he would cut interest rates three times in 2024, spot gold gained additional momentum, once reaching a record high of $2,222. But gold prices gave up gains as the dollar index rebounded as the number of...
Gold continues to fall from its high level. At the same time, the early 2164 support platform has also been pierced. The inverted V reversal pattern has emerged, and there is still a large downside space. In the absence of news stimulation, it will at least return to its starting point. On the 2157 line, the market continues to fall, and our short orders will be...
H4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Gold continues it's bullish run following the Fed's dovish outlook on interest rates. Price has printed a bullish iBOS where we are currently trading within a fractal high and internal low. Relative to recent price action of the swing range, I have readjusted bullish BOS to bullish iBOS. Intraday...
Let's take a moment to review this flawless execution AGAIN!!!. We identified the bullish flag pattern prior to reaching all-time highs, offering an ideal entry point. Yesterday's push following the Fed meeting was just what we needed. Currently, gold's all-time high stands at 2220. Today, we witnessed a retracement to the key support level we...
In early trading in the European market on Thursday (March 21), spot gold continued its intraday gains and is currently trading around US$2,200, rising by more than US$20 during the day. Spot gold is trading at $2,200 an ounce. Looking at the daily chart of gold, gold prices have confirmed the formation of a bullish flag, with the relative strength index (RSI)...
Gold prices topped $2,200 for the first time in history as the Federal Reserve maintained expectations for three interest rate cuts this year, suggesting they were not concerned about a recent rise in inflation. It once hit a record high of $2,222.65, rising by more than $60 before the Fed's interest rate decision. Gold climbed more than 1% on Wednesday after the...
H4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Gold continues it's bullish run following the Fed's dovish outlook on interest rates. Price has printed an iBOS where we are currently trading within a fractal high and internal low. Relative to recent price action of the swing range, I have readjusted bullish BOS to bullish iBOS. Intraday...
Data last week showed that U.S. consumer prices rose more than expected in February, and producer prices also showed a certain degree of inflationary stickiness. Traders have reduced their bets on an interest rate cut in June. Gold prices fell more than 0.8% last week. Spot gold has already priced in the positive push from expectations of lower interest...