Here are major key levels for you to watch this week on Gold: Support 1: 1780 - 1790 Resistance 1: 1904 - 1920 Resistance 2: 1987 - 1998 Let the price reach one of the key levels and then look for trading opportunities there. ❤️Please, support this video with like and comment!❤️
xauusd i think if chart cand break fibo level to 1 it can go up till 1908 or 1.61 fibo if not it can retest to lower leves
#Gold Levels (#XAUUSD) ------------------------------------- Overextended buying from the Asian session. 1850.00 / 1860.00 flipped support = buying opportunity. Targets 1870.00 Invalidation = Close below 1860.00, or Dollar closing above 101.500 Follow us for more frequent updates
Gold holds above $1850 on dismal US economic data. Technical: The near–term support is around $1830 The yellow metal faces strong resistance of $1870, any breach above will take to the next level $1880/
Not too long ago we saw XAUUSD break strongly below a bullish trendline on the daily chart. Since then, we've seen some consolidation. Could this have been a fake out to shake long holders out of their positions? The last two weeks have been bullish, a stark difference to the first week of May where gold fell well over 800 pips. Some of this is certainly due to...
hello Traders , I think all traders in gold should think of buy positions we have good supports in 1852,1840 and 1830 good luck
Hey traders, Analyzing a price action on intraday time frames I see some signs of accumulation and local indecision. The price is stuck between two structure clusters: 1865 - 1975 resistance 1832 - 1840 support. Next week, wait for a breakout of one of these structures. Bullish breakout of resistance (4H candle close above) may trigger a bullish continuation...
GOLD/USD Daily cautiously bullish. *Equities are up and Gold is currently uppish/flat. If you believe that equities are seeing a bear market rally and new lows are in the near future, that very well may be catalyzed by another 50bp (at least) rate hike and the beginning of the treasury security rollover and mortgage backed security reinvestment come June 1st,...
As stated yesterday , Gold is likely to take support between 1840-1845. The target was resistance of 1855. The price took support from 1845 and hit the resistance of 1855. My idea for gold for today is to take entry after confirmation of rejection from 1855 and then my target will be the resistance of 1845. If you like this or if you think the opposite of this or...
Gold holds above $1850 after a minor dip to $1840 on the weak US dollar. The yellow metal faces strong resistance of $1870,
Fundamental Analysis: Russia has Pegged the RUB to Gold and The Globalists are Conspiring against their currency and Practically shorting their RUB which may Couse the Price of Gold falls to the lower levels as of now we can target the Smaller Cycles. Technical Analysis: the Price could not break its past ATH and it has already distributed lots of Volume on...
Gold was bounded by a tight range yesterday. The market opened at 1853. The price has rallied toward the day-low at 1839 prior to the US session, similar to intraday movement from the day before, and the price rebounded to 1850 to end the day. Gold has gradually escaped the uptrend channel(1) on the 1-hour chart. Entered a range-bound of 1840-70(2), a...
Gold was rejected by 1850 last Friday. A relatively tight range bounded the trading between 1832-49 throughout the day, and the market ended slightly up near 1845 with a USD 3 gain. Carried the buying momentum from last Friday, the price broke out from the 1850(1) resistance early in the Asian session today. The uptrend channel(2) is still good on the 1-hour...
On Thursday, XAUUSD prices fell for the second day in a row due to some follow-through USD purchasing. The deteriorating global economic picture boosted the US dollar's standing as the world's reserve currency, undermining enthusiasm for dollar-denominated gold. Technically the yellow metal was trending with 5 waves upwards within an ascending channel. We expect a...
As I mentioned earlier that the price of gold is going to test the resistance of 1965. The price took rejection from 1865 . Gold is now trying to find support above 1840. My idea is that it may test the support of 1830. My idea is to enter after confirmation of support between 1830-1845. My goal is the resistance of 1855 and 1865. If you like this or if you think...
Gold pulled away from the 2-week high yesterday. The day began at 1865, and the market touched the day-high 1868 early in the Asian session. The S-T consolidation has been triggered by the price clearing the supporting trendline(1) before the European session. The price reached the day-low at 1841 before the US released its Feb. meeting minutes. The day ended at...
Gold capped between 21-EMA and 55-EMA If break below 55-EMA and down trendline more bearish mention at chart