✍️ NOVA hello everyone, Let's comment on gold price next week from 19/2 - 23/2/2024
🔥 World situation:
In the meantime, there were updates from Federal Reserve officials, specifically Atlanta's Fed President Raphael Bostic and San Francisco Fed President Mary Daly. Bostic emphasized the need for patience and predicted that there could be two rate cuts in the...
xau is bearish in HTF and rejected from a seller POI .and building liquidity below the OB .if it wants to fall from the current point then it should first clear the current liquidity and again retest the lower 15M OB . And in case if it reaches to the top OB prefer high rejection from it.and go for short. if it shows bullish momentum then the setup is invalid.
#AQURISHA
Gold prices remained relatively unchanged on Thursday, but were still recovering from four consecutive days of decline. The market was cautious due to the uncertainty surrounding the Federal Reserve's upcoming decision on interest rates, which affected traders' confidence in the precious metal.
Yesterday, bullion prices briefly dropped to their lowest point in...
Damnn guys! Are we going for over 90% success rate on this channel? :))
Intraday long on XAU/USD was off by a couple of pips, but if anybody followed the signal then nice profits should have been secured with trailing stop loss (1757>1755). Now we're back to the original short swing signal posted last week. Aiming for a TP somewhere in the 1600-1570 zone.
Now, I...
XAUUSD gave a daily closing below an ascending trendline prevailing since July. Apparently, it's bearish signal providing a sell opportunity in the pair. Additionally, it has a pierced a major support at 1480, suggesting a pullback in gold. So, sell trade can be placed.
Sell: Below 1471
Target : 1418.67
Stop Loss: 1485.92
XAUUSD going up. But breakdown levels on 1277 and 1275.3
So i close buy positions and open SEL order on XAUUSD 1274.5
SL - 1277.3
TP - 1253.6
RRR - 1:6.8
