There must be some hobby, just like the love of time for plants and trees. I didn’t feel deeply about it before. As my trading time and age increase, I find this statement more and more wonderful! This kind of hobby is like finding a place for the soul to live. Especially every time I focus on the market and make a settlement, every time it runs as...
Checking at GOLD's price, i think a healthy correction is good and is coming the next weeks. We can probably see a range at highs before starting the retrace, the main target for the retracement is 2070, a strong monthly support zone.
World gold prices tend to decrease with spot gold down 3.2 USD compared to last week's closing level to 2,340.7 USD/ounce. The world gold market has just had an exciting week when records were continuously "broken". In particular, on Friday, gold prices fluctuated up to 98 USD. This price increase is second only to the price increase in December last year that...
Dear friends, tomorrow will start a new week of trading journey! Let’s first summarize this week’s trading results. Personally, my overall profit this week was over $68K, which I feel is a very good trading result. Although I occasionally suffered losses in this week's transactions, I was able to seize 95% of the trading opportunities and successfully make...
Gold had a strong breakout above $2,075 on March 24th, 2024, leading to a measured move target of roughly $2,400. Gold overshot to $2,430 and ended last week with a strong sell signal at the target. Should we short here? How do we trade this? 🤔 This is an optimal time to short on the lower timeframes given we see a confirmation candle on the hourly chart. I...
Gold Next High possibility because Impact of Iran Israel Conflict...
Geopolitical tensions in the Middle East support gold demand As geopolitical tensions between Israel and Iran escalate, investors have turned to gold, a traditional safe haven, and buying interest in gold continues unabated. From a broader perspective, a surge in gold purchases by global central banks, including Turkey, Kazakhstan and China, has provided solid...
Friends, what I have been suggesting in the past few days has been to go long at the right price. After the release of non-agricultural employment data, the price of gold was suppressed and there was a certain downward adjustment. However, the trend of gold prices is upward, so after the impact of the news, the gold price surged, and now the gold price remains...
Gold prices were indeed exciting yesterday, with a unilateral plunge of nearly $100. Judging from the current trend, bulls and shorts are intertwined, and the trend has fallen into a chaotic stage. The fundamental reason is that after a sharp decline, gold prices will still have the power to fall with inertia. Another point is that the gold price has not yet...
✍️ NOVA hello everyone, Let's comment on gold price next week from 4/15 - 4/19/2024 🔥 World situation: Gold price ended the week with slight gains of 0.59% after reaching a record high during the North American session on Friday. The price movement was volatile due to geopolitical risks, which led to a surge in demand for safe-haven assets. As a result, the...
#GOLD... Well guys, as we discussed in our video analysis that 2334 35 is the one of the most important supporting area of the next week, No doubt war season is going to start again, What so ever will happen in next week from Iran or Israel, On chart we have only 2334 34 as major supporting area, If market hold it then you can see again bounce from here but if...
In early trading in the Asian market on Tuesday (April 9), spot gold suddenly rose rapidly in the short term. The price of gold surged by nearly 8 US dollars in 10 minutes, currently reaching a maximum of 2,348 US dollars, setting an intraday high. Gold has corrected from all-time highs but maintains a bullish tone. Gold prices are expected to reach record...
Gold for this week, there are 2 buy zones, first one starts at 2335$-2328$, the second zone starts at 2296$-2278$ these two zones have the potential to bring gold up to a target of 2497$. If the zone of 2335$-2328$ breaks with a 4H candle the downside scenarios will begin and it will be a reason of agreement between Iran and Israel and gold will go down to 2296$ ,...
high convenience entries for Gold using GOLD/SPX, macd + BB. 2024: feb, march 2020: jan 2022: june (resistance)
Last year projected range (Left) This year's Fib range (Right) Look at the related trade ideas - works on all timeframes obviously.
The allure of gold has dimmed somewhat this week, with prices slipping after a surge that saw them breach the psychologically significant $2,400 per ounce mark. This pullback suggests that the recent rally, fueled by heightened geopolitical tensions and economic uncertainty, may be reaching its peak. Gold's Allure: A Haven in Uncertain Times Gold has long been...
Dear friends, gold is crazy today. During the day, gold rose by $59 from around 2372, reaching a maximum near 2431, and then fell by $70, hitting a minimum near 2361. It's a crazy roller coaster ride. I think some people are happy and some are worried in today’s market! At present, there is no reliable technical reference for gold in the short term. As for why...
Gold has still reached the 2370 line. After the K-line fell back, it rose higher. This trend is of historical level. Next, we will continue to focus on long positions at low levels. A big positive line directly pierced the rhythm of the sky, and almost all rose rapidly. The moving average continued to rise vertically, and all K lines stabilized the moving...