Gold (June) / Silver (May) Gold, yesterday’s close: Settled at 2383.0, up 8.9 Silver, yesterday’s close: Settled at 28.717, up 0.387 Gold futures traded above $2400 and Silver above $29 early in the session but did see a wave of profit taking through the thick of European hours, but are attempting to stabilize ahead of the U.S. bell. The construction off...
Gold saw a pullback of nearly $100 from a high of $2,431, followed by a slight rebound, dragging the price to $2,370 per troy ounce. This increasing volatility begs the question of the market’s state. To address this, we would like to note that the rising volume has been accompanying the increasing price, which is positive (and, indeed, quite impressive,...
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bulls are taking over so we will bend to the will of the crowd and buy too. ❤️ Please, support our work with like & comment! ❤️
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Some days ago price entered to flat, where at once it declined to support area, after which bounced up. Price tried to break $2035 level, and even rose higher, but soon turned around and declined back, making fake breakout. Soon, Gold made an upward impulse,...
Gold is going to retest 3400 and ten to go for ATH . All charts going in that direction 1H / 4H / 1D
If XAU is breaking 2374 we will catch the 2380. Else a very big support at 2365/60 . Keep in touch
XAUUSD | HEAVEN PAIR Bullish Setup Hey Traders Welcome Back .. We have seen yesterday gold touched the 2330-2333.00 point and spike at highest point We expected gold will touch 2400.00 point easily Current point at 2370.00 We already in Blue Range as we Send intra day of 100+ pips Position Set the Target as a 2375.00 Our Positions Start from...
Hello dear friends! Let's review and strategize with me today! According to Kitco, the world gold price recorded today is around 2,380.95 USD/ounce. Today's gold price is 37.66 USD/ounce different from yesterday's gold price. Safe-haven demand due to concerns about escalating tensions in the Middle East continued to provide a boost to the yellow metal in the...
After the US announced March inflation data, OANDA:XAUUSD is on the defensive. The data showed an increase in both monthly and yearly readings and could weaken the Fed's intention to ease policy. The data provided some resistance to the precious metal after its recent run of heat. The US consumer price index (CPI) increased 0.4% monthly and 3.5% annually,...
US producer price data had little impact on expectations of a US interest rate cut this year, the European Central Bank kept interest rates unchanged, and continued geopolitical concerns also increased appeal. Leading the way in OANDA:XAUUSD , gold became strong and hit another all-time record. US PPI rose 0.2% month-on-month and 2.1% year-on-year in March,...
#XAUUSD Gold broke through the 2183 area yesterday, and the opening price today was as high as 2192. Well I think the trend is still bullish for a few days. We need to find the right buying price. Based on the current trend, I give reference areas for price buying. : BUY 2357-2360 2346-2349 2336-2338 Target 2399-2409-2421 The buy order is executed based on the...
As you can see, after correcting the price to $2324 yesterday, the price went up again and today it was even able to grow up to $2391! As you can see, gold is correcting its price again and is currently trading in the range of $2368! The important range of demand is between $2324 and $2332 and the important supply ranges are $2390, $2398.8 and $2404 to $2406! ...
Weekly Gold Market Analysis Upon examining the gold chart on a weekly basis, it was observed that last Friday marked a significant surge in gold prices. This increase was triggered by the announcement of a potential Iranian attack on Israel, propelling the price to $2431. Price Fluctuations and Corrections However, the ascent was short-lived, and the price...
With the Iranian attack on Israel this night, Gold may open with a gap up. Before the market closed, the price already reached a significant intraday demand zone based on a support line of an expanding wedge pattern and a horizontal support. The closest resistance can be 2400. ❤️Please, support my work with like, thank you!❤️
XAUUSD is rising toward the pivot point which lines up with the 50% Fibonacci retracement and could potentially fall to a support level that closes to the 50% Fibonacci retracement Alternatively, if price breaks above the pivot, it could continue to rise to the next resistance level Pivot: 2379 Support: 2161 Resistance: 2393 Risk Warning: Trading Forex...
Hello,Friends! We are going short on the GOLD with the target of 2349.654 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
FX:XAUUSD reaches the 2400 mark on Friday before facing a profit-taking. There is a possibility that traders closed positions before the strong news that occurred from Saturday to Sunday. There is no correlation with the dollar now, which makes it easier for technical analysis. In fact, we have a strong bullish trend and strong support in the form of the...
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...