The expected target for gold in the coming days has been determined, as well as the expected descending channel
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
As I mentioned in my previous Gold Chart about the resistance zone of 1984-89 Market almost hold that area but couldn't found momentum to reach our sell target of 1968... which indicates that market still have bullish momentum. And now we can see that right after breaking resistance zone market have enough volume to achieve 2008 within an hour. Congratulations to...
Gold launched a long-term upward attack in the support area of 1954~1950 yesterday. There was basically no adjustment on the way to continue the strong attack. The current strong pressure is at 1988-1992. Once it breaks through here, it will open up short-term upside. (support 1974-1965) Gold operation recommends buying in 1974-1977, target 1984~1988,...
Greetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️ If the Federal Reserve suddenly becomes more dovish, it could have a very positive impact on tangible assets. No details are left out in this...
OPEC unexpectedly cut production and international oil prices rose sharply. The market is worried that global inflation will pick up again, and it has increased the possibility of the Federal Reserve raising interest rates at the May policy meeting, helping the dollar index rise to a near-one-week high, which has a significant impact on gold prices. Judging from...
The recent banking problems have caused the Fed to adopt a more cautious approach, resulting in a decrease in US yields and an increase in the value of gold. However, ANZ Bank economists do not anticipate a further increase in the price of gold at this time. According to the statement, the Gold price is not expected to increase significantly in the short term due...
Under the stimulus of risk aversion, gold rose from 1800 to 2000, and then began to oscillate. From a short-term perspective, it formed a double top pattern, which I shared with you last week. Interested friends can go and take a look. Now let's talk about the trading strategy in detail based on the 4-hour chart. As we can see from the chart, when it first...
Gold is in very positive condition. with broken form. Double bottom. Very strong breaking resistance. There is a high probability of gold rising ;Note: If you liked this analysis, please give your opinion about it. in the comments. I will be glad to exchange ideas
The golden Friday first continued to be strong and high volatility, but the volatility was extremely narrow. It was considered a high-level pressure measurement. The upper level was continuously tested three times in 1985 and did not break. During the European market period, the market recovered, but the lower level only retreated to the 1973 line, and then there...
Due to the market's recent instability, Gold has experienced a surge in value. The price per ounce has surpassed $2,000, reaching a peak that hasn't been seen in a year. Additionally, it appears that Gold exchange traded funds will see a positive net inflow in March, which hasn't happened in nearly 12 months. Based on these recent developments, it's possible that...
Gold hit a high and fell back yesterday. I reminded to start shorting and bearish. 1965 decisively turned back empty. Now continue to hold short. The target is bearish to the support of 1945 below before considering going long! The current gold is a shock trend after a big rise. From the perspective of the 4-hour level, the shock presents a convergent triangle...
The price of gold hit a high of $1,971/oz before retreating and finding support above $1,960. Upbeat equities and higher Treasury yields make it difficult for XAU/USD to continue its recent rally. Fears of a wider banking contagion have also abated, hurting demand for safer assets. The market cheered First Citizens Bank’s agreement to buy all deposits and loans of...
A bull fell in love with a cow, and the cow said, if you can guard under my roof for 100 days, I will accept you, so the bull guarded the cow under the roof for one day, two days, three days, until ninety After nine days, the bull left. The mother cow asked the bull why she didn’t persist for the last day. The bull’s answer was very touching. I used ninety-nine...
After forming a head and shoulders pattern, gold dropped to around 1935 and then rebounded to above 2000 to form a double top. Subsequently, the price fell again to around 1945 before rebounding. Yesterday, the price rallied to the range of 1969-1975 before succumbing to selling pressure. If viewed from a macro perspective, this pattern resembles a double...