In the past two days, gold has been in a narrow range of fluctuations. In the short term, the trend is indeed not obvious, and both long and short are entangled. Then we can analyze the trend of gold from the side of the US dollar index: The obvious five-wave rise in the U.S. dollar is over. According to the wave theory, it is basically a five-wave + three-wave...
The key market trends this week may not come until Thursday, when the U.S. will release weekly initial jobless claims data and the U.S. core personal consumption expenditures (PCE) price index data will be released on Friday. Market reaction to the PCE data may not be seen until next week due to the Good Friday holiday. On Tuesday, we need to focus on the...
Gold has reached the short selling area I planned to enter! Accurate signals will continue to be sent every day to help your account make money quickly!
The strategy of going long first today is very good. Currently, the main force is that the bulls have not completely relieved their efforts. In the 2h chart, there is still a wave of upward momentum, supporting around 2169-2162. If it falls back, you can continue to go long. The probability of going up is very high during today's U.S. market time or tomorrow's...
Today we successfully touched the resistance of 2183. There is a high probability that there will be a pullback near 2185-2189, but the bulls are not done yet. The pullback supports 2178-2174. Go long again without falling below the support. The strong resistance this week is around 2192-2196. If there is news to cooperate, it should be able to touch around...
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...
The 1H chart shows that the bears are showing signs of exerting force. For the rest of the day, we will continue to focus on the resistance near 2183. Tomorrow, the Asian market will give priority to shorts and support 2162-2158.
Yesterday, gold did not fluctuate much. The K-line rebound was also around 2180, and then it could not move forward. It was obvious that the bulls were weak and had no strength. The resistance above was still strong. The negative line continued to go downwards, and the rebound was also yin and yang. It is definitely not a U-turn. We continue to trade high and sell...
Yesterday, the price of gold fluctuated within a narrow range. It was difficult to rise and could not rise. A retracement is inevitable. Yesterday, I will change my thinking and wait for the opportunity to increase and sell short! From the current point of view, the bulls are struggling, which is already a signal of the initial top. Even if the current moving...
How will gold be traded next? You will understand after reading it! From the 15-minute short-term level, gold has formed a head and shoulders top pattern, which is a bearish pattern. As can be seen from the current 4-hour chart: In the Fibonacci trend line from 2222 points to the current low of 2157 points, the vicinity of 2182 points is precisely the key...
Hey AII I hope this emaiI finds you weII Gold is currently in a good buying zone, but there's a different view. For my opinion picture it like navigating the Bermuda Triangle – mysterious and unpredictable. If it breaks down, it could drop to 2120.500. The price-to-earnings ratio (PE) is around 2178, indicating uncertainty. Yet, there's a solid support level...
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...
Today’s strategy sharing Gold has clearly peaked at the moment, with continuous negative lines falling. Even the rebound is short-lived. After all, it still looks like it is falling. It is suppressed by the moving average after all. The moving average is running downwards, with no possibility of turning around. The continuous negative line covers the rebound of...
Cocoa: Cocoa futures hit $9,400 a ton for the first time ever, marking a 45% increase in March. Poor harvests in key producing countries such as Ivory Coast and Ghana, where adverse weather conditions, including heavy rains from El Niño and subsequent extreme heat, have led to supply shortages. The Ivory Coast cocoa regulator anticipates a 33% decrease in...
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...
Hey there on 1htF the Gold has expected that Gold can rise further upside First we have looking for our next resistance support area which is 2181 So basically we can have a look after from buy opportunity 2170 And the downside for buy opportunity from 2165-2162 So as today we have seen some upside and downside and then further upside So we have now at the...
Hey Everyone, Great start to the week with our chart idea off to a flying start!!! We got our open target to 2167 hit followed with a cross and lock above 2167 opening 2175 and 2181 - Both these targets were hit perfectly after the confirmation. We will ow look for support above 2167 for a continuation and retest on the levels above until we see a lock above...
Gold rallied on the weekend's positive news. Gold prices continued to strengthen after opening in Asia. Attentive friends will find that Morgan Jack has explained it in advance yesterday. The highest impact reached a position near 2178, but it quickly fell back before stabilizing. It is still two dollars away from my expected 2180. Even so, buying is still a...