Hello,Traders! GOLD is trading in an uptrend Along the rising support line So we are bullish biased And we will be expecting A further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
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- Everything is in graph. - maybe Gold will start a new rise after BTC Halving. " In a bearish market, investors typically prefer to buy gold, and at times of high inflation and market volatility, gold is considered by many as a 'safe haven' asset. " - This was the definition of a safe heaven i found in Google, but this have no more sense in 2022.. - if you...
Looking at the chart of GOLD right now we are seeing some interesting price action on the lower timeframes. Thus a local move down seems to be quite likely. ❤️ Please, support our work with like & comment! ❤️
This is a Weekly post for several pairs showing HTF Markup only using Smart Money Concept (SMC) on Weekly, Daily and 4H Time Frames. Feedback will be highly appreciated. U.S. Dollar Index TVC:DXY Weekly: Daily: 4H: Gold Spot / U.S. Dollar OANDA:XAUUSD Weekly: Daily: 4H: British Pound / U.S. Dollar FX:GBPUSD Weekly: Daily: 4H:...
✏️Looking at the trend in the 1-hour time frame, global gold has formed a bearish head and shoulder pattern and looks set to decline by crossing the $2,386 support to the 127.2% Fibo support at $2,338.👌
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Some days ago price traded near $2030 support level, which coincided with support area and even declined below. But later XAU turned around and in a short time rose higher $2030 level, breaking it, and continued to grow in rising channel. In channel, price...
XAUUSD has shown a quick rally with the conflict between Iran and Israel where we now witness a selling identified with Iran's mocking over 99.99% defense against the attack launched by Israel yesterday. Somehow the yellow metal started to recover its pump and dump by retesting one more time above the $2400 level. Here I witness a potential downward shift with the...
Hello dear friends! Overall, XAUUSD has experienced significant fluctuations with price increases surpassing the $2366 mark. It is currently trading at a new high of $2,381, after hitting $2,431, marking a 0.09% gain on the day. Recently, gold has had difficulty maintaining its peak of $2,431. Gold's upward momentum is hindered by many factors, including news...
Gold prices surged past the $2,400 mark following Israel's retaliatory strikes on Iran, igniting a global shift towards safe-haven assets and a rush into gold, the ultimate refuge. Risk assets have been significantly impacted as risk-averse sentiment flooded into Asian markets on Friday, propelling gold up nearly $35 in early trading hours. With the $2,400 level...
■Outlook of XAUUSD on 3D chart. We are currently in sub-wave ⅲ of the upper degree wave (ⅴ). I think that sub-waves of wave ⅲ will form a 5-wave impulse. so, we are in sub-wave (3) of wave ⅲ. If the assumptions of this scenario are correct, I think that sub-wave (3) will continue to be bullish, supported by two channel lines. Last time my idea. ■Apr 13, 2024....
Gold's Epic Battle: Breaking Barriers and Scaling Heights 📈💥 In the volatile realm of trading, where charts morph and indicators pulse with life, gold finds itself at a crossroads. Picture the scene: on the trading canvas, amidst the flurry of candlesticks and the dance of moving averages, gold emerges as a gladiator, grappling with the shackles of "overbought...
Had to take a position on this today! Sprott is the largest holder (with 165 million shares). This long-term chart looks very similiar to Jaguar Mining (another Sprott company) that has taken off. A reverse head and shoulders forming on the monthly chart. It could still bounce sideways to lower in the near-term. If so, I doubt it will be dramatic. Could be an easy...
The market is changing rapidly. When the market changes, respond flexibly and follow up in a timely manner. Wrong transactions must be stopped in time. This is our clear plan for trading. You can learn more on my channel.
Ralph Benjamin hello everyone! After a price increase that brought gold past the 2,400 USD/ounce mark, the world gold market was under pressure to sell off and entered a consolidation period. However, according to commodity investor Dennis Gartman, this precious metal still has a lot of upside momentum. Most likely, the price of gold could rise to 2500 USD and...
Hey Everyone, Great finish to he week completing our last target at 2408 after lock confirmation for the range. We started the week with 2355 bullish target hit followed with the ema5 lock above 2355 opening 2382 and 2408. We had the 2382 level hit early this week followed with lots of dips giving plenty of action to get in from every dip, knowing we still...
Dear friends, today due to the expansion and escalation of conflicts in the Middle East, market risk aversion has surged. Gold has been enthusiastically sought after as a safe haven asset. It took the 2400 position in one fell swoop and continued to rise to around 2417. Subsequently, Iran downplayed the tension many times. Gold turned downward and has now given up...
At present, the K-line has stabilized at 2380, and the big positive line at the bottom has stopped the decline, directly consolidating the bottom signal, especially the K-line starting from below the moving average, directly breaking the suppression of the moving average, obviously unable to hold down the bulls Trading strategy: long gold near 2380, stop loss...