Hello traders! After a tremendous increase in the price of gold last week, reaching an impressive figure of up to 1996 USD, we are now witnessing a slight decline in this precious metal at the beginning of this week. Currently, gold is trading at 1970 USD, experiencing a decrease of approximately 10 USD in a day. From analyzing the gold chart, it can be seen that...
TVC:GOLD On the previous Quarterly Idea released as a macro/investor POV for TVC:GOLD , a *3M(monthly) area was given as an entry point in terms of market structure. We received a great entry on a Quarterly Level *3M. Salute to everyone of you who took action upon it. Sure did the members of bingX copy-trade community. " Where 2 Next for TVC:GOLD !?...
Dear beloved friends, Currently, the price of gold is experiencing an upward trend, reaching above the threshold of $1,900 per ounce in the trading session on October 13th. It has closed at its highest level in three weeks, driven by the escalating tensions in Israel, which have increased the demand for gold as a "safe haven" during times of uncertainty. As the...
Hello dear friends! Today, EURUSD continues to trade quietly around the resistance area of 1.0577, and it seems that there is no clear trend in place for the day. However, from the chart analysis, Karina noticed that the price of EURUSD is gradually narrowing along with the movement within the range of the EMA 34 and 89. Therefore, the price is not expected to...
Hello dear friends! Today, the price of gold is fluctuating around $1,950 after retreating from its two-month high of $1,962 in early Thursday trading. The recovery of the precious metal is bolstered by increasing geopolitical tensions in the Middle East, which are driving safe haven flows. In the short term, the 4-hour chart indicates a potential downward...
IF you had been following the series of The Gold Odyssey, you would know how well the probabilities are in the analyses. To the point, Gold is ready to break its almost three year consolidation (huge) range. 1. You can see the powerful reversal off the mid-range support; 2. The candles show and project good momentum to follow through; 3. A trend line breakout...
Hello dear friends! The golden week has experienced a powerful surge as its price reached $1932. Currently, in today's trading session, the downward trend continues, although there is a slight price correction at $1911. With the potential to create a DOW from the chart, using Fibonacci retracement, the decline has reached the perfect level of 0.618, which is at...
After literally months of waiting, we finally signaled that gold had reached some attractive price levels on 2nd October 2023. Subsequently, gold bottomed out in the next four days and rose more than $150 from its lows. While these gains are impressive, we are starting to grow very skeptical about how much higher gold can go from the current level. That’s because...
Hello dear friends! The price of gold is consolidating its strong upward trend, reaching a new monthly high of $1,940 at the start of Wednesday. Increasing political tensions between Israel and Hamas, along with positive economic data from China, have boosted the demand for the precious metal. The next resistance level can be seen at the highest point on...
Hello dear friends! Let's explore and share our opinions here. Gold has made a significant recovery above the $1857 mark. The precious metal continues its journey to conquer $1880. Due to concerns arising from the Israel-Hamas conflict, investors have been prompted to buy more. Wednesday and Thursday will bring us market news. As a result, the short-term surge...
Hello traders! Gold is currently trading at $1920 and remains unchanged from this morning's trading. Immediate support can be seen at the low of the previous day, which is $1908, and below that, $1900 will be tested. If gold does not stabilize around this level, the price retreat may extend to $1880. However, with the Relative Strength Index (RSI) indicator held...
Looking at TVC:GOLD on the 3M(Monthly) Tf(Time-frame) from an investor perspective view of positioning; (long-term investing on the yellow stone) we can see it sitting at no men's land at the current price, as well Changing Character and Breaking Market Structer (Lower Low) in price action ; (Lows of Q2) Despite its Bearish Price Action on *3M , States...
Today's focus: Gold Pattern – Breakout/resistance test Support – 1817.90 - 1918 Resistance – 1944 - 1981 Hi, and thanks for checking out today's update. Today, we are looking at the Gold on the daily chart. So price has moved rather quickly today to the upside. Earlier, I was watching the consolidation and wondering if buyers might test it. Well, they not...
Hello traders and investors As shown here on my chart gold if breaks its higher level (2090) it will reach TP1 around 2200 and TP2 2550. so 2090 it is the key of all blowups Remember traders that i am not having a cristal ball predicting markets moves but i try to be more efficient and rational Good luck
Hello traders, Last week, gold witnessed its best weekly gain since March as the demand for safe-haven assets continues to rise amid the ongoing Israel-Hamas military conflict. In the current politically unstable environment, investors are flocking to gold. Additionally, the US tightening its sanctions on Russia's crude oil exports on Friday led to an increase in...
Hello traders! Yesterday, gold experienced extremely strong breakthroughs, easily surpassing the barriers at the 1888 and 1900 USD levels. Currently, gold has closed its trading with a rapid price jump, pausing at 1932 USD and increasing by approximately 3.40% in a day. The upward momentum is still showing no signs of cooling down, with strong support at 1890...
Hello traders! Gold had a significant volatility last week. It can be observed that with the Federal Reserve's tightening cycle coming to an end, the resistance that monetary policy has exerted on gold throughout most of 2023 is beginning to weaken, creating opportunities for the market to continue its breakout. As predicted earlier by Nolan, gold has indeed...
Gold and Silver are setting up a nearly perfect deep "V" bottom after a bout of PANIC selling over the past few weeks. This sets up a move for Gold to rally above $2250 and Silver to rally above $28.50. Ultimately, I believe Gold will exit the Setup Phase and peak in the next phase, the Breakaway Phase, above $2450. Silver will follow with a rally to levels above...