XAUUSD Analysis Price action has finally started to show bullish intentions creating a 4 hour Change of Character after sweeping Liquidity at $2325 on Gold. This tells us price action is gearing up to continue to the upside, potentially creating new All Time Highs. 4 hour has created a bullish Fair Value Gap, so during Asian/London, i want to see price...
Here is our detailed technical review for GOLD. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 2347.049. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 2397.410 level. P.S Please, note that an...
these are my options for today so far gang .. got that engulfing at 2399 with r1 above it to react from to take shorts ... its breaks and we hit all time high again. If we push down then we can take buys from the 4h engulfing 2360 area. Have a great day whatever you get up to and lets stay frosty in these uncertain and crazy times tommy
World gold prices increased sharply with spot gold increasing by 41.3 USD to 2,382 USD/ounce. Gold futures prices last traded at 2,400 USD/ounce, up 39.9 USD compared to yesterday morning. Safe hidden demand due to worries about escalating tensions in the Middle East continued to provide energy for the yellow metal in the first trading session of the week. Gold...
Kicking off the trading week, gold prices have rebounded sharply, opening at $2,361 per ounce—a $17 increase from last week's close. This uptick is largely influenced by the escalating geopolitical tensions in the Middle East, boosting demand for gold as a safe-haven asset. Technical charts show that gold remains robust, consistently trading above the EMA 34 and...
Silver (XAG/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 27.94 which is a pullback support. Stop loss is at 26.70 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level. Take profit is at 29.78 which is a pullback resistance. High Risk...
Still monitoring Gold closely with a heavy bias towards shorts. Technically the price has retraced back up from the lows and is nearing the supply zone @ $2398, from where I would Ideally seek an entry. Patience is key, have an alarm set for that price level.
DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 16 April 2024 Trade Idea 1 BUY LIMIT Order: $2355.95 Stop Loss: $2324.01 Take Profit 1: $2387.65 Take Profit 2: $2404.89 Trade Idea 2 BUY LIMIT Order: $2348.47 Stop Loss: $2324.01 Take Profit 1: $2387.65 Take...
Attention Traders, In today's trading session, our focus is on XAUUSD, where we're eyeing a potential buying opportunity around the 2330 zone. Gold maintains its upward trajectory, currently undergoing a correction phase as it nears the crucial support and resistance area at 2330. Expanding on our analysis, it's essential to recognize gold's status as a...
The markets have come alive with the sound of derisking, deleveraging, hedging and broad managing of risk exposures. Friday was about managing risk going into the weekend, but today was different and the move could have legs - where for many playing defence has been the order of the day, while we have also seen traders getting aggressive, with shorting activity in...
#XAUUSD Hello everyone, I am your old friend William. I left tradingView for a while. Starting today, I will bring some analysis and trading signals tomorrow. Gold opened today with a stretch price of 2372 and a lowest price of 2324. Everyone who took my signals made good profits today. The current price is 2366. We observe through the Fibonacci lines that the...
Gold encountered resistance in the 2363-2373 range. In the small-level candle chart, the indicators began to show weakness. Focus on the support in the 2333-2326 range. If the support is effective, go long. Continue to focus on the resistance in the 2363-2376 range. On the 4h chart, it now faces the question of whether to form a head and shoulders pattern, the...
Stocks to gold ratio had dropped weeks before the spx in dollars had turned. Was the gold buying a signal that safe haven collateral was in demand? In a panic, both stocks and gold can be sold as investors need more and more liquidity in falling markets. So gold is not necessarily an inverse asset to stock, keep this in mind. In most major sell offs, gold...
XAU Setup Date : 16-April-2024 Bias : BUY Multiple interested area : 1. Breakout : 2358.05 2. HNS : 2349.69 3. HNS : 2338.80 Setup : 1. Wait price to touch and monitor price behaviour
Dear friends, today gold has been in a retracement situation. Although there have been several symbolic struggles, the bears have finally gained the upper hand. The current lowest price of gold has been around 2324. Of course, our short gold order near 2360 also successfully hit TP: 2349. We thus reaped considerable profits. At present, gold maintains a...
What other pair do you think I should analysis? Please comment below ⬇️ FOREXCOM:XAUUSD OANDA:XAUUSD Buy momentum is been shown as institutional order flow continues to stay bullish. We could find ourselves in another range pool before any major move. OANDA:XAUUSD FOREXCOM:XAUUSD has traded 40Pips in profit with 30mins pips to go. When I find second...
Idea: XAU/USD likely to rise for day trading. Reasoning: Gold is strong amid uncertainties and inflation concerns. Trade Plan: Buy XAU/USD with tight stop-loss, target short-term resistance levels. Risk: Monitor market sentiment and economic data, be prepared to exit if conditions change. Entry: 2351.69 SL: 2341.69 Target 1: 2361.11 target 2: ...
Hey Everyone, Great start to the week with our first target hit at 2355 - BOOOM!! We now have a lock above this level leaving 2382 open. We will continue with our plans to buy dips and also keeping in mind our retracement range at 2312. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the...