XAUUSD - 24h expiry The trend of higher lows is located at 2304. Trend line support is located at 2303. The primary trend remains bullish. We are trading at overbought extremes. Preferred trade is to buy on dips. We look to Buy at 2306.5 (stop at 2292.5) Our profit targets will be 2341.5 and 2347.5 Resistance: 2325.0 / 2341.7 / 2354.5 Support: 2316.8 /...
Range play trade - Buy idea! This is an aggressive trade with high risk, hence the tight stop-loss. Targets: TP at 2333, 2340, 2360. The trade is based on the premise of buying at the bottom of the range after previously buying below this range (marked in purple) Heed your DD!
bears in the gold market still have the upper hand and selling pressure on gold still dominates the market. we believe the current price market will reach under 2300$ (likely 2285$ and 2266$) before doing a proper correction. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team...
On the 15-minute chart, XAUUSD is breaking below crucial support trendlines, suggesting an increased bearish momentum. The weakening support, indicated by the failure to sustain above these trendlines, points to a potential decline towards lower support levels. Traders should be cautious as the breakdown may accelerate selling pressure, leading to further downward...
Gold prices (XAU/USD) may find support at the 50 EMA in case the price breaks out of a sideways range after initially trading off the May highs. XAU/USD has broken the main uptrend line and may be in a short-term downtrend. According to the mantra "the trend is the trend", the probability of price increase will continue to decrease. The 50 EMA at 2,310 USD and...
As you can see, XAUUSD responded perfectly to the trading range zones and is moving smoothly within the channel. The price of gold couldn't consolidate under the support zone and experienced a fake breakout, leading to a rise. Consequently, it has now moved upwards and has the potential to continue rising further. Keep an eye on the resistance zone for any...
As we talked in the previous analysis: The GOLD price reached a strong resistance level (2399.695 - 2431.590). Currently, the higher low is broken! So, i predict a bearish move📉 --------------- TARGET: 2304.000🎯
Here on Gold price has broken the resistance and make a retest around the trendline so is expected to go for LONG and the targeting profit should be around psychological level of 2365.000
Hello Traders ! On Thursday 16 May, The GOLD Price Reached a Strong Resistance Level (2399.695 - 2431.590). Let's Expect The Bearish Scenario: if The Market Breaks and Closes Below The Higher Low (2371.010 - 2378.610) We Will See a Huge Bearish Move📉 ------------- TARGET: 2304.000🎯
XAUUSD BUY TP in the chart SL in the chart Good luck guys Note: To reduce the risk on your balance you have to use only 2% of your balance. - - - - - -❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️.
The XAUUSD (Gold) is currently displaying a bearish momentum, as evidenced by the highlighted zones of downward price movement. The chart indicates that the price is forming a second leg of the downtrend. Should this pattern continue, it is anticipated that XAUUSD will break below the $2400 support zone. Traders should monitor this level closely, as a breach could...
Daily time frame gold analysis I expect gold to experience a heavy drop after touching 2450
2.618 fib Cup 3.618 fib Handle Wolfpack Green wave RSI: Room for overbought + future div 2023 Recession = Safety in Metals Measured Cup & Handle Target 1: $2700 - confluent with 2.618 handle fib! Target 2: $3000 Max extension
Hi Traders ! The XAUUSD Price Has Pulled Back to The Resistance Level (2318.740 - 2333.375). Let's Expect The Bullish Scenario: if The Market Breaks The Resistance Level and Closes Above That, We Will See a Bullish Move📈. TARGET: 2372.000🎯
in our last analysis, We had anticipated the price drop in gold. still, We believe the gold price OANDA:XAUUSD has more room to fall more. As you can see the price made a sharp decline last week. after that during the week corrected, right now geopolitical matters seem calm so the market is shorting gold. Our technical view has been shown in the chart. If...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves RSI - Divergence Rising Wedge as an Corrective Pattern in Short Time Frame and Rejection from Upper Trend Line Demand Zone Break of Structure and Retracement
As We Talked in The Previous Analysis: The Gold Price Failed To Create a New Higher High ! The Support Line is Broken ! Presently, The Price Has Pulled Back to 0.5 Fibonacci Retracement Level and Formed a Bearish Double TOP Pattern. --------- TARGET: 2260.000🎯
I think it ll be the next step for. gold this 2 DAYS ....and THE DAILY target is 2260 ... ll SEE IT soon