Today’s gold trading situation is as follows: 1.Xauusd: @2292-2294 Sell, TP:2292, Profit: +$ 564 2.Xauusd: @2295-2300 Sell, TP:2291, Profit: +$ 9318 Today is the fourth consecutive day of profit in this week's trading. The profit so far today is $ 9882, which is an increase in profit compared to yesterday's profit. I think it is very meaningful to be able to...
In our last analysis, we had anticipated the gold price to reach the 2300-2350 zone. right now the price has touched 2305$ and ranging. We believe that the price has the potential to move upward and reach the 2325-2350 zone. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team...
Gold fell back after an unsuccessful attempt to stabilize above $2,300. Traders withdrew some profits after the strong rally. Gold is still in an overbought state so there may be more downward momentum in the near future. Prediction information from Nonfarm is currently inconsistent on one side when the Average Income Index / Hour is growing strongly at 0.3% but...
🏃♂️ Gold is moving in the 🟡 Potential Reversal Zone(PRZ)($2,320-$2,280) 🟡 and near the upper line of the Ascending Channel. 🌊According to the Elliott wave theory , Gold seems to have succeeded in completing main wave 5 . 💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks . 🔔I expect Gold to have a downward trend in the coming...
Preferred direction: SELL Comment: For gold , we previously gave two setups for sell, and one of them is already in work (scenario №2) . However, against the background of the upcoming potential volatility (NFP) , as well as the short-term weakening of the US dollar , most likely, it is at the very moment of the release of data on the US labor market that...
Preferred direction: BUY Comment: The British pound also remains on the buy list. Here, the expected movement for the current NFP is the same as for the euro . Growth is expected towards the level of 1.27000 , where local resistance will occur. The target is not set above this area (quite an aggressive option). But one can consider potential sales when...
FX:XAUUSD breaks records and updates the high to 2305, but technically, the implied target is still not reached. Today Initial Jobless Claims before NFP is published and the market may go into a consolidation phase. On D1 we see the dollar declining after a false break of the resistance at 104.94 as well as the downside resistance. Ahead of Initial Jobless...
Preferred direction: BUY Comment: The setup for today's NFP remains in favor of the buyer. Most likely, the euro will update yesterday's high around the level of 1.09000 . At this level, there is an area of resistance, and most likely it is from here that we can expect a deeper correction than the one we are currently observing. Additional comments on this...
Preferred direction: BUY Comment: At the beginning of the coming week, the buy-priority for the euro remains. The previous week showed nothing in terms of volatility. The coming week is expected to be hot, and reasons for volatility can be found in the economic calendar. As before, the main target for medium-term growth is the level of 1.09000 . Scenario №1...
Silver, like gold, has always shown itself to be a reliable asset, which is why you should take a closer look at buying it. Any assets like gold, silver and even bitcoin perform the same way. I mean regular growth in times of market volatility. To illustrate how the silver chart will behave, I would like to show you the gold chart for the last few years....
Based on the M30 chart analysis, we can see that the price is rising toward our sell entry at 2284, which is a pullback resistance that lines up with the 38.2% Fibo retracement. Our take profit will be at 2268, a multi-swing low support level. The stop loss will be placed at 2304, a swing-high resistance level\ High Risk Investment Warning Trading Forex/CFDs...
XAUUSD (GOLD) is rising toward the pivot point that lines up with the 38.2% Fibonacci retracement 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: 2282.40 Support: 2268.76 Resistance: 2291.61 Risk Warning: Trading Forex and CFDs carries a high level of...
Made slight wave adjustments (WAVE W-X-Y) & relabelled them as Gold pushed higher. Overall this selling analysis remains intact as our selling confirmation zone has not hit yet. I have moved the 'selling confirmation' price higher to $2,156. Being patient🤞🏼
Gold continued its strong rally, hitting a new high yesterday at the 2305 mark, with a short-term swing low at 2265. I'm planning to continue buying gold today. Currently, the price is experiencing a pullback after breaking through 2296. I'm eyeing the 2284/86 USD zone for a potential buy, awaiting a reversal signal on a smaller time frame, possibly placing a buy...
Gold, the main trend is up. The price has an opportunity to test the resistance zone 2296-2304. If the price cannot break through the 2304 level, in the short term it is expected that there is a chance that the price will go down. Consider selling in the red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!
As central banks around the world are losing their grip on baskets full of fiat currencies, real, tangible commodities like Gold, Silver, Platinum and Palladium are going to make an incredible run. There are three metals related to monetary systems throughout history: gold, silver and copper. So far we've seen gold pull ahead in the running, but soon silver will...
✅ Xauusd Market Insight 📈📉 🔰OutLook 🔍 🔰RESISTANCE ◾2285 ◾2297 ◾2301 🔰SUPPORT ◾2270 ◾2260 ◾2253 Long position above 2285 with targets at 2297 & 2301 in extensions Below 2285 and 2281 look further downside with 2270 / 2260 & 2253 as Support Target 🎯🎯 ✅ BEST OF LUCK TO ME IF YOU LIKE THIS IDEA COMMENT AND FOLLOW THANKS FOR SUPPORT 🤞
Copper prices have recently reached a 14-month high, driven in part by China's economic improvement. This could be a potential trading opportunity, but it's important to be well-informed before making any decisions. Copper is a key economic indicator, and its demand is expected to rise. However, the market can be volatile. Here are some resources to help you...