💯GOLD PLAN DAILY 11/13 👉 Last week, world gold prices decreased by 2.8%, marking the strongest weekly decrease in 6 weeks. Downward pressure on international gold prices increased as US Federal Reserve (Fed) officials maintained a tough stance on monetary policy. The Fed's tightening tendency makes investors hesitant to invest capital in gold at this...
Weekly and monthly price action suggsts a possible short term sentiment to the down side, while this is being kept in mind, the 4hr entry above is about as best as a guess as to when this temporary short might occur, other factors strategically factored in as required. Kindly trade with good risk/reward management. Goodluck guys!!!!!!!!
Market Shift on DXY Sparks Bullish Outlook for Gold The market has undergone a noticeable shift on the lower timeframes of the US Dollar Index (DXY), which has prompted me to shift my focus towards potential buy opportunities on gold. Join me in exploring this emerging bullish outlook for gold as we navigate the evolving market conditions. Stay tuned for further...
-GOLD/XAUUSD, had strong bullish momentum this week due to SVB BANK announced bankruptcy led metals and crypto to the new yearly highs. For us, it will interesting to see how Gold reacts next week forward at current price action we are looking at the possibility of reaching to the $2000 area. -Market has been really unpredictable as DXY has had mixed news...
Hi, Simple and easily but useful. the price slice up on h4 and we have seen the retesting on h1 nearly the support. That's great to take a chance to see the long side bounce here. Have a good trade.
🔹 The next support from here is $1,800 — Any breakout below $1,850 will push Gold lower 🔹 The next resistance above $1,850 is $1,877 — any rejection from here will push it higher $1,920 - Follow & DM US for more inquires
Gold seems to have started an uptrend after the the interest rate hike. as expected in the previous charts.
This is a good comparison of a healthy continuation wedge(A) verses our 10%er that failed(B)