XAUUSD is rising toward the pivot which aligns with the 61.8% Fibonacci retracement point and could potentially fall to a support level Alternatively, if price breaks above the pivot, it could continue to rise to the next resistance level Pivot: 2376 Support: 2343 Resistance: 2404 Risk Warning: Trading Forex and CFDs carries a high level of risk to your...
currently gold is in a strong range consolidating between support and resistance, on higher timeframe gold is in uptrend, the analysis is for intraday/scalping, if price breaks above the resistance the target will be 2393.50, it it breaks below support target will be 2349, always wait for a clean breakout and wait for candle to close outside the range.
OANDA:XAUUSD continuing to adjust after approaching the original price of 2,400 USD, the target price increase noticed by readers in yesterday's publication is also a resistance that causes gold prices to adjust but overall it does not change. trend with the expectation of entering the accumulation phase. Iran said its military is ready to respond to any...
OANDA:XAUUSD remained steady as safe-haven demand due to ongoing tensions in the Middle East offset weakening expectations of a US interest rate cut this year. Data on Monday showed U.S. retail sales rose more than expected in March. Yields on 10-year Treasury notes rose for a second straight session, with rising bond yields putting pressure on gold as they...
Gold sell position running 440 PIPS so far for our Gold Fund investors. What I'm taking from current price action is Gold has bottomed at $2,325 forming Wave 1. Now we're seeing a 3 sub-wave move to the upside forming Wave 2, before we see the next leg down.
H4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Price remains contained within an internal range where we saw a reaction from H4 supply with price unable to close below strong internal low. Price reacted at H4 supply and subsequently reacted at H4 demand. Price is currently between H4 supply and demand where we are seeing a battle between the bulls...
World gold prices went down as the market increasingly lowered expectations that the US would cut interest rates. On the other hand, the need to safely hide capital in precious metals has also gradually decreased as the Iran-Israel conflict has calmed down. Any major stable addresses continue to support gold and any escalation would take prices up to $2,500 an...
Although the dollar and US Treasury yields rose as US retail sales rose more than expected in March, tensions in the Middle East boosted safe-haven demand, and at the same time, the market Expecting that the Federal Reserve will be able to delay interest rate cuts this year, gold prices did not extend last week's decline but continued to increase. Iran launched...
The US dollar surged on Wednesday due to higher-than-expected US inflation numbers. This led to USDJPY reaching new highs for 2024 and its strongest level since 1990. The March Consumer Price Index report showed persistent inflation in the North American economy, reducing expectations for a June FOMC rate cut. Headline CPI increased by 3.5% YoY, surpassing...
GOLD - Classic bearish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Short GOLD Entry - 2382.5 Sl - 2408.1 Tp - 2331.9 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
OANDA:XAUUSD spot delivery suddenly increased sharply. Spot gold has just increased to 2,415 USD/ounce, it has increased more than 35 US Dollars during the day. Previously, US media reported that the US confirmed that an Israeli missile hit an Iranian facility. The most active gold futures contract on COMEX was 1,426 lots traded within one minute from 08:43 to...
Hello traders.. gold has been making all time highs. The last all time high was created with consumer sentiment news that miss forecast for the USD last friday. Since then we've been going sideways and are currently in a 4hr range between 2,393 and 2,360. The weekly candle is bullish & the last 2 daily candles have closed bearish. The 1hr candle is currently...
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 19 April 2024 Trade Idea 1 SELL LIMIT Order: $2376.98 Stop Loss: $2393.11 Take Profit 1: $2361.09 Take Profit 2: $2352.45 Trade Idea 2 SELL LIMIT Order: $2380.73 Stop Loss: $2393.11 Take Profit 1:...
A 70% chance that silver provides a retracement next week, as the attacks on Israel by Iran are not coming out - and the West is getting desperate (I smell a false flag if Iran doesn't bite). Asia (ChIndia - China & India) are hodling silver and gold and will provide the impetus for the forward price of precious metals. TTM squeezes normally see price bounce off...
last friday gold suffered a big crash off around 1000pips in couple hours, leavins buyers perplex. The bullish trend support stopped the fall off gold for now. Expecting gold to retrace bullish, but all depend on certain support levels and the trend support. A clear break off 2325 would be bad for buyers and a posible reverse trend may start. If 2305 breaks then...
Preferred direction: BUY Comment: WThe buy-priority remains the same for the New Zealand dollar. Previously, we looked at a medium-term long trade, which is in progress and is in the accumulation stage. If we talk about short-term prospects, we can consider the two scenarios shown on the chart. There is a high probability that the buyer will strengthen at...
XAUUSD has reacted off the pivot and could fall to an overlap support. Alternatively, if price breaks above the pivot, it could continue to rise to the next resistance level close to the 78.6% Fibonacci retracement. Pivot: 2386.91 Support: 2364.44 Resistance: 2404.39 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you...
Silver needs to consolidate, and since the dollar will fall since Japan, South Korea and USA's Yellen agreed this week on it, they need to slam silver first to blunt the ascension and to shake out paper hands.