There wasn't a lot of good news over the weekend that prompted gold to rise sharply this week. On the contrary, gold continued to fall on Monday because of gold's surge. Perhaps this is good news for bears. The trend of the chart then saw a sharp correction due to the digestion of the news, and the current position is oscillating around 2343. Put aside the...
The technical icon indicates that there is MA support below, buy around 2332-2336, and the small target can be set at 2343-2348.
Use MA5 as short-term support and buy in the range of 2362-2358
Gold fluctuated downward for 30 minutes, and the rebound high points of gold successively decreased, and the rebound was not strong. The 30-minute moving average of gold began to turn, and there were signs of forming a dead cross. If the 30-minute moving average of gold formed a dead cross downward, then there would be room for gold to adjust downward. will...
There is a potential trend reversal on the 1 hour timeframe. If it's going down, the downtrend will be followed up on higher time frames so a huge sell. Stop loss :2441.5 Take profit: 2382.4 or keep it open and wait for higher time frames
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) loses recovery momentum due to lack of fresh catalysts in a quiet session. However, renewed demand is supported by bets on interest rate cuts from the US Federal Reserve, geopolitical tensions, and strong demand from central banks and Asian buyers. Traders will focus on Fedspeak and...
#GOLD: Gold rate the day before today went as predicted while it examined the 2410 region after which extended again. Observing at the H4 body after you may see a bullish candlestick sample after the doj candle round 2416. The situation suggests that GOLD is predicted to preserve to growth withinside the brief time period so that you can recall shopping for up....
After reaching 2,450 USD/ounce in the previous trading session, today's gold price on the international market has cooled down but not significantly. At 6 a.m. on May 22, the world gold price was trading at 2,422 USD/ounce, down 6 USD compared to the price at the same time the previous day which was 2,428 USD/ounce. Analysts say international gold prices cool...
World gold prices decreased with spot gold down 5.2 USD to 2,420.7 USD/ounce. Gold futures last traded at 2,425.2 USD/ounce, down 4.9 USD compared to yesterday morning. On May 21 (US time), gold was under profit-taking pressure after this precious metal hit an all-time high earlier this week. However, this precious metal still remains firmly above the level of...
World gold prices increased with spot gold increasing by 9.2 USD to 2,425.9 USD/ounce. Gold futures last traded at 2,430.3 USD/ounce, up 12.9 USD compared to yesterday morning. Although the price of the yellow metal inched up slightly compared to yesterday morning, it has dropped sharply compared to the increase during the day. Previously, gold had conquered a...
Resistance - 2432 Support -2407 Breaking either sides will trigger a new trend and a wave
Today we went long gold near the 2412 position and successfully hit TP: 2423. It was still a good trading profit. At present, gold has rebounded strongly to above 2430. The bulls have regained control of the situation. How much more can gold rise? Do we still want to continue chasing gold? There may be many people who have this question, and many people have...
Gold technical analysis Daily resistance is 2450-2500, support below is 2411-2371 Four-hour resistance 2435-2450, support below 2411 Gold operation suggestions: Judging from the current market trend, the lower support continues to focus on yesterday's NY time low near 2411, and the upper pressure focuses on the short-term near 2435, focusing on the suppression of...
Comparing this picture I drew, what can you see? Yes, that is, the lows of gold are constantly rising; After a month, gold returned to above 2400 again. In addition to the new highs, the rest is our acceptance of this price. Although within this month, the gold price also fell below 2300. , but overall activities are maintained within the 2300-2400...
There was no US economic data released on Monday and Tuesday, but the tension in the geopolitical situation had a great impact on the financial market. Iran confirmed that its president had been killed, which undoubtedly added many uncertainties to the unstable Middle East. Although the helicopter crash has not yet been resolved, if it is confirmed, the Middle...
XAUUSD - 24h expiry Buying continued from the 78.6% pullback level of 2398.5. Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. Preferred trade is to buy on dips. Price action resulted in a new all-time high at 2450. 20 4hour EMA is at 2406.5. Our profit targets will be 2446.1 and...
Here on GOLD price keep moving down and has breaken the trendline this show that is likely to move further to targeting of psychological level of 2400.000. So is expected to use money managent while going for SHORT
This time, unlike four years ago, the surge in gold in 2020 is due, on the one hand, to the sudden epidemic, which has led to market uncertainty about the future, and, on the other, the massive monetary easing by the Federal Reserve. Today, the Federal Reserve has already tightened policy and has been clamoring to raise interest rates. Fed Governor Bowman...