Good evening gold gang! .. what a day today with trades in asian (reversals from level) to continuation and reversals in NY .. all planned last night! So if you're not following .. what the heck are you doin? Unemployment claims news tomorrow which is always fun! .. DXY is approaching a major level for me so if dollar news is positive .. then we will tap it .....
Preferred direction: SELL Comment: The situation for the pound is the same as for the euro, there is also a priority of sales. Approaching the level 1.25381, the price made a close retest of the level and the fall was very likely. Now the nearest target is the level of 1.24000. Thank you for like and share your views!
Why is it Bearish? Intraday Bias: Despite some bullish signals, the intraday bias for USD/CAD has shown signs of turning bearish. A break below the 1.3488 support level could trigger a more significant downside. Support Levels: The risk will turn to the downside if the 1.3488 support doesn't hold, potentially leading to a test of the 55 D EMA (now at...
🏃♂️Gold is moving near the 🟢 Support zone($1,914.520-$1,910.640) 🟢. 🌊Theoretically, Gold Elliott Waves can complete its 5 descending waves in the support zone. This is while wave 3 is Extended. 🔔I expect Gold to attack the Downtrend line from 🟢 Support zone($1,914.520-$1,910.640) 🟢. Gold Analyze ( XAUUSD ), 15-minute time frame ⏰. Do not forget to put...
Gold technical analysis 💯: From the 4-hour analysis, today's upper pressure focuses on the vicinity of 1935-1938, which is also the opening of the U.S. market yesterday. The intraday counter draw relies on this position to continue the main bearish and then look at the decline. The lower target position still focuses on breaking the bottom, focusing on 1938...
NEW Forecast of TVC:GOLD : By examining gold, we can see that after moving to the next liquidity pool ($1947), the price was accompanied by a correction and fell to $1938! Currently, the price is trading in the range of $1945 and it is likely to move towards the next liquidity pool, i.e. $1955! We have to see what trend the price will take with the announcement...
Gold Price Halts Five-Day Slide but Faces Headwinds from Hawkish Fed and Trade Tensions Introduction Gold prices have managed to put a stop to their recent five-day losing streak, trading slightly higher at around $1,920, with a 0.20% gain in the Asian session on Thursday. Despite this brief respite, the precious metal is under pressure as traders weigh the...
Gold is breaking the support of the new price channel. The market is dominated by sellers due to buyer weakness amid dollar strength. TA on the high timeframe: 1) False break of the resistance of the global descending channel 2) There is a potential for price decline to 1886. TA on low timeframe: 1) Price tested the key descending channel support for a long...
Trading Setup: There is a Trading Signal to Sell in Gold XAUUSD Traders can open their Sell Trades NOW ⬇️Sell Now or Sell on 1926.88 ⭕️SL@ 1934.0 🔵TP1@ 1917.95 🔵TP2@ 1910.80 🔵TP3@ 1901.60 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning Trading ...
OANDA:XAUUSD continues to decline. Since the end of the last session the price forms a limit support level and forms a pre-breakdown consolidation. The realization of a false breakout of global resistance begins The price is forging a local support level, but still has not updated the previous one, formed in late August. Consequently, the market has a target...
It's very nice to see how price reacted at the CL, then came back to the U-MLH. And again price got rejected at the U-MLH. The A/R line is broken and now price has a good chance to travel to the Center Line again. btw: This trader has the same idea, just using another technique: Great one, I really like this.
Gold prices fell for a fifth session in a row as rising yields and US interest rates could stay high for a longer time along with concerns about slowing economic growth on a global scale continue to drive cash flows. seek refuge in "greenbacks". The dollar hovered near 6-month highs, while 10-year US Treasury yields hovered near 15-year highs. The strength of the...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1923.62, which is a pullback resistance. Our take profit will be at 1911.89, an overlap support level. The stop loss will be placed at 1932.62, a pullback resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may...
Really Thankful to GOD and then the team. We saved our equity yesterday. The decision was rite to take the extreme and buying from 1917 is safe now. The time I am writing this price is at 23.6% 1920 and a possible DT may initiate. However we are very near to our 50pip and might get it before the decline or in other case BE hits. There is a clear death cross in H1...
In the short period of gold, the RSI indicator on the 1-hour chart has entered the oversold zone, and the MACD entry is formed, and there is a possibility of rebound and repair during the day. Short-term fast trading Gold:buy1920-1923 TP:1929-1934 SL:1914 If you want to make money, join me, keep up with my strategies, and I will share my ideas every day.
OANDA:XAUUSD is breaking support, MA50 & MA200 and is building momentum, making local lows along the way. Back in Sunday and the first two days of the new week, I talked about an impending fall from 1950. What happened? We see a 250 pip drop. After the retest of 1926, a new bearish impulse is forming. The local resistance level is doing its job. It is not...
important news coming today. everyone is waiting for gold to rise! but I don't think so and we go down. and I've never liked following the crowd, but everyone I talk to says it's going up today! I don't think so and we're still going down
Alternatively, Gold price will need to recapture the 50 DMA support-turned-resistance at $1,932 on a daily closing basis to make another run toward the 100 DMA hurdle at $1,952. Further up, the static resistance of $1,970 and the July 27 high of $1,982 will challenge the Gold price recovery. Gold buy now 1926 Target 1930 Target 1940 Target 1950