Yesterday, gold rose sharply due to CPI. Today, various indicators have begun to show a short trend. Continue to sell, tp 2381/2377/2369
XAUUSD - 24h expiry Price action continues to trade around the all-time highs. Buying continued from the 61.8% pullback level of 2372.7. Previous resistance at 2370 now becomes support. The primary trend remains bullish. Preferred trade is to buy on dips. 20 4hour EMA is at 2366.4. We look to Buy at 2370.2 (stop at 2356.2) Our profit targets will be...
Gold continues to fall slightly today, and the magnitude of the fall is not very large. At present, the gold price has not fallen below the key support level of 2378. At the same time, the opening of the moving average golden cross continues to expand, and the moving average support rises to the 2380 line! Despite the downward correction during the day, the price...
#XAUUSD 5/16/2024 Today gold reached the 2395-2398 area I mentioned earlier. Then it fell to around 2380. Yesterday's CPI data took advantage of buying gold. So yesterday's gold rally was strong. We still can't oversell gold today. If the gold price pulls back, then we can buy gold Of course, there’s also dollar news today: Thursday’s unemployment claims...
Gold can still maintain this range for long purchases to earn the price difference. Rely on the MA below and the geopolitical news below as support. In the ultra-short term, I personally think there will be more room for buying operations and lower risks. 20310-2319buy COMEX:GC1! TVC:GOLD OANDA:XAUUSD MCX:GOLD1! In the past, you always failed when...
H4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Price has printed a bullish BOS. After bullish BOS expectation is for price to pullback. We have nested Daily and H4 supply levels where price is expected to initiate pullback, which price did. As previously mentioned, CHoCH was positioned at quite a distance away from current price, therefore, there...
CPI and “horror data” spark optimism! Expectations for the Federal Reserve's first cut in September surged, and gold hit a new high in the past month! The U.S. non-seasonally adjusted CPI annual rate in April was 3.4%, down from 3.5% in the previous month. The core CPI monthly rate in April dropped to 0.3% as expected, the lowest since December last year....
Hey there on 1htF the Gold has earlier was touched 2390 from yesterday CPI news it will take so much buy side so now we can predict that can be reflected 2370 and other side will looks for sell side above 2410 previous high level
Gold rate forecast Gold costs accelerated due to the fact tensions in Ukraine and the Middle East nonetheless display no symptoms and symptoms of cooling down. Russia is attacking on many fronts in Ukraine and fierce combating is occurring. Meanwhile, withinside the Middle East, Iran these days stated it'd create a nuclear bomb if threatened via way of means of...
Gold technical analysis Daily resistance 2361-2400, support below 2327-19 Four-hour resistance is 2345-65, support below is 2327-19 Gold operation advice: Yesterday, gold technology faced a unilateral decline. The Asian and European markets rebounded slightly and were under pressure. The 2364 mark continued to fluctuate downwards and weakened, and then further...
Hey Everyone, Another PIPTASTIC day on the chart today buying dips all the way into our Bullish target!!! After completing the retracement range earlier this week, we got the bounce into 2357 yesterday followed with the lock above 2357 opening the 2389 bullish target once again. - This played out perfectly completing the target at 2389!!! We will now look...
The benefits brought by CPI have caused a sharp rise in DXY-related products. Gold is still rising, but there is some resistance to this price, so sell first, tp 2378/2373/2369
hello trqsers this is the result of my previous gold setup 1:3 risk reward win if you like the signals hit the like button , follow and subcribe wish you good luck and good trading
Federal Reserve Chairman Jerome Powell said he was less confident than before that inflation will come down. However, it emphasized that it does not believe that the next step may be to raise interest rates, and is more likely to maintain the policy interest rate at the current level. The U.S. economy is performing very well and has a very strong labor market....
If it falls below 2358, we have to be careful about it forming a head and shoulders, so hold a small amount of short orders temporarily, and then add orders once it is formed.
Relying on trend resistance, it fluctuates and rises. Now it feels a little weak, so we can sell first. The trend support is at 2348, so TP is set at 2352/2349.
H4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Price has printed a bullish BOS. After bullish BOS expectation is for price to pullback. We have nested Daily and H4 supply levels where price is expected to initiate pullback, which price did. CHoCH is positioned at quite a distance away from current price, therefore, there is a possibility price could...
On the last trading day, spot gold opened at $2,336. The European market began to fluctuate upward, touching around $2,348. After the opening of the U.S. market, PPI reported negative gold prices, and the market price returned to below $2,338 but did not stay longer as expected and continued to develop in a higher direction. It finally tested the $2,360 level...