Gold fee has reached the inexperienced field location now and could watch for a response. If a robust bullish jump response happens on this location then the bullish fashion might be showed to preserve. Meanwhile, a in addition decline underneath this location might be a bearish signal withinside the medium-lengthy term. In the lengthy term, so long as expenses...
Here is our detailed technical review for GOLD. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 2,341.407. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 2,312.735...
Here is our detailed technical review for SILVER. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 30.563. Taking into consideration the structure & trend analysis, I believe that the market will reach 31.333 level soon. P.S Overbought describes a period of...
1. 15M Swing turned bearish. 2. INT structure is bearish. 3. After swing BOS we expect a swing pullback. So now INT structure could turn bullish to facilitate swing pullback. 4. We can follow the bearish OF and take shorts from this 4H and 15M supply area but it will be risky. Wait for confluence.
Bullish confluence for GOLD on MTF, LTF and HTF Expecting new ATH next week ☝️Do not act based on my analysis, do your own research!! The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with...
Dear friends! Gold is forming a bearish wave, after updating a new peak above 2450 USD to 2334 and closing below this level. In which Price is testing strong support amid changing sentiment, it is likely that we may witness a recovery but it is unlikely to last long as it approaches the resistance level of 2400 USD. Buyers are probably still weak amid corrections...
Silver has tested support of $30 and now looks ready to move higher! All time frames look bullish. For higher timeframe analysis please check my other chart. THIS IS NOT FINANCIAL ADVICE
A bad home sales report (but record April home prices) combined with falling traffic and smaller spending data from Target cast an early shadow on the markets but it was the FOMC Minutes that did the trick. big waves with their more hawkish comments. For any and all that say "yeah but they're old, we've had CPI and Retail Sales since then", see the chart below to...
Dear traders! Today, world gold price closed at 2,334 USD/ounce, up 9 USD compared to the lowest price in last night's trading session of 2,325 USD/ounce. The precious metals recovery is underpinned by a pick-up in US manufacturing activity. Meanwhile, a recent poll by the University of Michigan (USA) shows that consumers have mixed expectations about the...
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 27 May 2024 BUY LIMIT Order: $2333.90 Stop Loss: $2325.22 Take Profit 1: $2342.33 Take Profit 2: $2353.54 Risk per trade: 0.5%. MT4/5 trade expiration: Today 100% mechanical strategy, zero analysis, zero...
Good Morning Asia Price is currently in a daily accumulation range with a purge of the range high signalling a bearish towards the range low. This makes my predominant bias on the daily bearish. As it’s the start of the week, I'm anticipating a continuation of Fridays move. This morning's setup is framed on the H1 timeframe. Price is still within a bullish...
"Success is not final, failure is not fatal: It is the courage to continue that counts." - Winston Churchill "An arrow can only be shot by pulling it backward. When life is dragging your back with difficulties, it means it's going to launch you into something great. So just focus, and keep aiming." - Unknown "Difficult roads often lead to beautiful destinations....
Based on historical trends and current market conditions, XAU/USD is likely to be bearish for day trading with a starting price of 2414.44. Traders should monitor real-time market dynamics and economic data releases for potential price movements throughout the upcoming week. Entry: 2414.44 SL: 2422.72 Target 1: 2370.95 target 2: 2332.10 #Xauusd...
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On gold this week pretty simple markup we only have a 4 hour bearish range within a high time frame bullish scenario! Iam looking for price to pull back within this range and sell, or break the high and then run bullish. Personally I believe will break lower straight at market open then break higher giving us the same bullish scenario here. if we run and close the...
Here is my latest structure analysis and important key levels to focus on and trade on Gold next week. Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
we made almost 310 pips from our area on gold by 3 positions this week on NEWYORK session last week i work less than i can becuase of broke up with my partner... . after all of happenings on last week now we have some plan to trade gold this week. we trade on newyork session by our new area and i wish more profit from last week. "Using the data we get from the...
THE KOG REPORT: In last week’s KOG Report we said we would be looking for the price to push up into the order region 2430-35 and above that we gave the extension level of 2445-65 if they wanted to take it there. We gave KOG’s bias level bullish above targets 2430-35 and above that 2447 as well as the path showing the short from the region. 2447 was completed,...