Hey Everyone, Following on firstly from our update on the 1H chart below from yesterday; although we saw price drop below 2312, we had no cross below 2312 with ema5 confirming the rejection for a nice bounce up, as analysed. Here on the 4H chart, no cross above 2336 weighted level gave the perfect rejection into the retracement range for the perfect reaction...
Hey Everyone, Great start to the week with our chart idea playing out as analysed. We were seeing price test 2332 weighted level and failed to lock above 2332 with ema5 confirming the rejection into the retracement range. The retracement level gave us the perfect bounce for a clean 40 pips, as part of our plans. We then had the 2322 weighted level cross and lock...
Dear Traders, After looking at how price has behaved strangely suggesting a possible price reversal, if price drop it is likely to have. a swing bearish move since there is no strong reason for price to retest the 2277 region as it already has done once. There is another strong possibility is that, below price area of 2270 needs to be filled so we can expect...
The monthly rate of US retail sales is bullish for gold. Gold has seen a wave of gains, but then it rose and fell. This is the main theme recently. The positive data of gold are all rising and falling. The rebound highs cannot break through the new highs, and the trend is still downward. Therefore, we are mainly bearish today. Don't rush to enter now. Wait for...
Today, as the U.S. May sales monthly rate was bullish for gold, gold rose rapidly in the short term. Our long positions near 2317, 2310 and 2306 respectively hit TP2319 and took profits. Very beautiful trading results. In today's gold long trade, my profit totaled more than $25K. Very good trading results. According to the current short-term structure, gold...
TVC:GOLD COMEX:GC1! COMEX_MINI:MGC1! CME:BTC1! NYMEX:CL1! NYMEX:WTI1! The current position of gold price is generally under some pressure. But once it rises, I think there is still a lot of room. The operation is mainly to buy at low levels. The low level around 2322-2323 is suitable for conservative traders to trade. Newbies should not engage in...
The Federal Reserve opted to maintain interest rates at their current levels and delay any potential rate cuts until at least December. Officials foresee only a modest quarter-percentage-point reduction for the year, emphasizing the importance of managing inflationary pressures. Fed Chair Jerome Powell highlighted that despite robust growth and low unemployment...
Gold prices are showing a downward trend after a sharp rise last Friday and are currently trading around 2318. With a bearish crossover of the moving averages and a bearish signal from the relative strength index (RSI), gold prices are once again facing the test of 2300 and 2277. From a technical analysis perspective, the short-term technical outlook for gold...
Gold technical analysis Daily resistance 2340-70, support below 2277 Four-hour resistance 2328-40, support below 2307-2277 Gold operation suggestions: Yesterday, gold technicals were suppressed and fell in the shock. The price of Asian and European sessions was under pressure at the 2330 mark and fell weakly. The European session fell further downward and broke...
Hello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze...
Market attention was low on Monday, with no major news releases. U.S. retail sales data on Tuesday, weekly jobless claims on Thursday and the initial Purchasing Managers Index (PMI) on Friday may provide more information on consumption and economic strength. Gold fluctuated between 2310 and 2327 on Monday. After hitting the bottom at 2287, it has been...
Gold did not directly break through the previous high of 2340 at the opening on Monday, but fell directly. Gold does not have enough momentum to support its continued rise, and it is still fluctuating in a large range. Gold is still fluctuating in a large range in 1 hour, and has not broken up either up or down, so we continue to control the rhythm of selling...
Hello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze...
H4 Analysis: -> Swing: Bullish. -> Internal: Bearish. Price traded to the downside, however, price was unable to breach and close below weak internal low where we saw a reaction at a H4 demand level. Nonetheless, internal structure remains bearish, therefore, price should technically target weak internal low. Price could potentially continue to trade...
BUY GOLD 2312-2313 GOLD in the current European session has also reached its very low zone. Previously, GOLD had formed a weak support zone at this price level. Although it was weak support, in the European session it was clearly quite strong. There is little reason to confirm that gold will break this zone, so you should place full TP/SL, don't abuse leverage,...
At the hourly level, gold is in an upward trend. The MACD indicator has a trend of a golden cross. You can go long, with a target of 2335-2340. If you agree with my point of view, remember to pay attention, and leave a message if you have any questions
Many people lost their accounts last week when gold fell But follow my fans at least 3 times more profit! I never brag about my ability to trade and all my analyses are available in my past history! Welcome to verify my strength! Gold 2318-2325 Sell! tp:2300
AUDUSD is moving in an UP trend channel. The chart broke through the dynamic Resistance line, which now acts as support. We expect a decline in the channel after testing the current level which suggests that the price will continue to rise Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great BUY...