The last wave of decline is about to begin, go long first, close when reaching the resistance level, and start shorting, tp 2326/2319
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This 15-minute chart of XAUUSD shows that the bullish momentum is diminishing as the price approaches a resistance zone marked in red. The recent upward trajectory has lost strength near this key resistance level, indicating potential exhaustion among buyers. Consequently, there is a notable possibility that Gold could retreat, retracing its steps back to the...
#XAUUSD 2024.5.14 Today's opening price of gold is below the pivot and POC so the direction is BEARISH. We have 2 virgin POC at 2366 and 2309/2312 so I guess gold will scan these 2 key levels. If you can wait, wait for scalping at the above 2 keys or wait according to the pivot plan for beautiful reversal signals to reach the sell target at 2309/2312. Entry...
XAUUSD is rising toward the pivot point which aligns with the 38.2% Fibonacci retracement and could potentially fall to a support However, If break above the pivot might lead to a rise towards the next resistance Pivot: 2349 Support: 2330 Resistance: 2364 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only...
Gold (XAU/USD) has just bounced off the pivot which has been identified as a pullback support and could potentially rise to the 1st resistance. Pivot: 2,331.93 1st Support: 2,306.80 1st Resistance: 2,377.03 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading...
The story in financial markets focuses on when the Federal Reserve will begin easing policy after releasing weak economic data. The U.S. Department of Labor said that nonfarm payroll employment in April was 175,000, lower than expected and lower than March's upwardly revised figure of 315,000. After the data was released, the CME FedWatch tool showed that the...
Scarce U.S. economic data will keep investors focused on Federal Reserve officials in the week following last Friday's U.S. jobs report. Gold prices are trading around 2,312USD/oz after reaching a daily high yesterday of 2,321USD/oz. The story in financial markets focuses on when the Federal Reserve will begin easing policy after releasing weak economic...
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 14 May 2024 SELL LIMIT Order: $2352.16 Stop Loss: $2364.80 Take Profit 1: $2339.77 Take Profit 2: $2323.28 Risk per trade: 0.5%. MT4/5 trade expiration: Today 100% mechanical strategy, zero analysis, zero...
Gold fell back to around 2365 today, then fluctuated and fell, and currently fell to its lowest level near 2339 and rebounded again. Gold did not fall below the 2335 position during the adjustment process, so gold as a whole still maintains a bullish pattern, and the upward trend has not changed. Therefore, gold will rise again after a short-term pullback. ...
Intro - This is Binary Forecasting Service's CONTINUOUS GOLD FORECAST featuring 16 to 20 hours a day around-the-clock coverage of FX_IDC: XAUUSD ticker, with current favorite outcomes highly detailed in proprietary trend maps through all of Tuesday. This data must be used with continuous updates to remain relevant until it is replaced. Using this without staying...
After examining the NASDAQ chart on a 4-hour timeframe, we observe that the price, after an initial correction from the 18250 area, has re-entered this zone and shown a negative reaction! As I mentioned in the previous analysis, the range from 18250 to 18340 is a very important supply area, and I expect the price to react to it! Now, if the price stabilizes below...
✅GOLD has been falling recently And it seems locally oversold So as the price is approaching a horizontal support of 2326$ Price growth is to be expected LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Gold XAUUSD Buy Stop Loss: 2328 Targets: 2338 2340 2342 2345 2347 2349
Hey Everyone, Our 4H chart kick starts the week with 2357 support hit first. This followed with ema5 lock below 2357 opening the retracement range. This allowed us to wait patiently for the retracement range to be hit. This was hit perfectly and now we are seeing price test the first level of the retracement range. We expect support bounce on each level of the...
XAUUSD's last roadmap toward 2390 +/-. before 2150 +/-. Price currently at the last leg wave (C)(green) of expanding flat (A)(B)(C) pattern in wave B (Yellow Circled). Price/Market Structure Probably tell us somethings "Big" gonna happen on this 15/May/24 US CPI data...
Monthly is winding up for a big drop or huge jump. Monthly: Weekly: Daily shows price winding up potentially the rest of the year. So I will look towards year end for the fireworks, that will decide if our pent up momentum will release upwards or downwards. My gut says inflation will send it upward in the near future.