Gold has rebounded to around 2332 in the short-term. Many people are definitely afraid that gold will continue to rise to a higher level again. Maybe many people are even chasing gold above 2330. In fact, as emphasized in the first two articles, gold has now fallen below the upward trend, and the short trend is now very strong. The short position is far from over,...
Copper has been in an uptrend since february 2024. Price is currently outside Bollinger bands (50 period). Some of the reasons copper has been rising is near term demand and shortages, some articles pointing out to data center demand for copper for the AI boom. With Nvidia, intc, amd and other tech stocks showing weakness in last week, my opinion is that it...
A clear change in the state of delivery! Look for the retracement to start from within the +FVG.
By checking the gold chart in the one-hour time frame, we can see that the price started to fall based on our analysis and hit all the targets of $2334, $2324, $2319 and $2303, and the total yield of this analysis so far is more than 1000 pips! I hope you have made the most of it! The demand levels are $2296, $2283 and $2275 respectively! The supply levels are...
Technical analysis on Natural Gas Price Forecast | Oil, Silver, Gold Support and resistance guide
Gold managed to recover its losses yesterday (biggest daily slump in almost 2 years) on weak US PMI data. The thought here is that sluggish growth indicators might push the Federal Reserve towards an earlier interest rate cut (although don't hold your breath), potentially increasing the attractiveness of non-yielding assets like gold. The rate of expansion in...
Hi guys, XAGUSD finally broke up the long-term triangle in daily time frame and unfortunately didn't reach to our favorite support level. We want to buy it for several months and it is very worthy instead of Gold because of far from all time high. Buy it in pullback on triangle line 24-25.5 . TP 50 final TP 75 SL 20 RR 1:5 Write your opinion here. Be success :-)
Traders, As stated in my video on Sunday, all charts/indexes that we have been tracking and utilizing as leads for our crypto price predictions are still right on track. A quick review (left to right) shows: - The dollar has found support and, if my overall thesis is correct, could bounce here and travel up to that 107 target before dropping from our bearish...
Hello Traders and Investors, today I will take a look at Amazon. -------- Explanation of my video analysis: Just three months ago Gold broke out of a very long term ascending triangle formation - similar to the triangle formation which we saw back in 2019. So far Gold is just creating the expected continuation higher and you can definitely close out partials...
Hey Everyone, Yesterday we had EMA5 cross and lock below 2371 opening the retracement range 2355 and 2333. - Both levels were hit. Today we had the lock below 2333 opening the swing range levels below, which we said will allow us to buy dips on bounces on the Goldturns. - Each of the Goldturns withing the swing range gave nice bounces inline with our plans...
Hello dear traders! The XAUUSD correction continues to build. The price broke through the $2356 support level as we expected as measured by the 0.5 Fibonacci. The price quickly dropped to 2,300 USD and stalled above this level for a few hours. At the time of this article, the price was trading stably at 2,309 USD, marking a decrease of 0.75% on the day. It is...
Gold started to fall from the 2401 position on Friday, and the lowest has fallen back to around the 2296 position, with a drop of $105. With such a large correction, I believe the bulls are ready to make a move, so can I go long on gold now? Although gold has fallen sharply, it still remains above 2300, so gold has not yet fallen below the upward trend line....
1. The fact that the Iranian government downplayed the attack on Israel and said it would not retaliate has cost the market some risk premium. 2. Spokesperson of the Iranian Ministry of Foreign Affairs: Israel has received the necessary response at the current stage. The Israeli attack was trivial and militarily worthless. 3. The Israel Defense Forces issued a...
My dear followers, I analysed this chart on GOLD and concluded the following: The market is trading on 2322.8 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 2362.6 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to...
Hi Traders ! The Gold Price Failed To Create a New Higher High ! Currently, The Support Line is Broken ! So, Let's Expect The Bearish Scenario: If The Price Breaks and Closes Below The Support Level (2318.740 - 2333.375), We Will See a Bearish Move 📉 TARGET: 2260.000🎯
Welcome back! Let me know your thoughts in the comments! ** XAUUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
A survey released by the Federal Reserve on Wednesday showed that U.S. economic activity expanded slightly from late February to early April, and companies said they expected inflationary pressures to remain stable, continuing a recent trend that has prevented the Fed from cutting interest rates. In terms of the geopolitical situation, the United States, the...
Gold sell position running 1,100 PIPS so far for our Gold Fund investors!😍 Already a risk free investment as SL is at breakeven. Nothing to lose.