Gold is beginning to trend downward as the dollar shows a slight uptick in strength at the outset of the EUR/LON session. While the dollar index remains within the range of 105 to 106, a breakthrough above 106.100 or 106.200 could signal further gains for the USD in the upcoming wave. However, it's worth noting that we've been witnessing high timeframe...
Market Analysis PT1/2 (24th April 2024) XAUUSD Analysis On the 1 hour timeframe, Price action has rejected off a daily orderblock couple with a weekly bullish Fair value gap, creating a bullish Change of Character to the upside. This means that there could be potential intentions of price creating a potential bullish market structure shift on gold,...
Dear wolfy traders im gonna start my scalps for today and share my setups with you so turn on notfications on this setup to get updates and signals. Have a great monday together lets go :
Dear all wolfy traders : we are here with S/R lines(yellow) so use them for scalping or swing trade. I will share my entry points in the comments for you today. this is a game so "PlayPro"
Wolfy traders, Earlier, I shared two signals with you - you can find them in the comments under relative analysis. take your time and enjoy your break. I'll be here when you're ready to play again during the New York session. Looking forward to it! love you
In accordance with the aforementioned analysis of the dollar index, we are poised for an impending descent, targeting the elusive $2000 per ounce mark—a significant psychological threshold that has remained elusive for substantial trading conviction thus far. Our objective is to bridge the gap and reach the lofty heights of the $2150 per ounce level observed on...
Technical Analysis: - XAU is doing a wave ((3)) in black and we expect that XAU continues to bounce - H1 right side is turning down - H4 right side is turning up Technical Information: - If you want to buy now, it'll be a risk trading and you must put a stop-loss around 1,805
XAUUSD H1 Gold has experienced a remarkable surge as we kick off the new week. The upside potential is substantial, and reaching all-time highs seems increasingly attainable. Get ready for an exhilarating week ahead, encompassing both commodities and stock indices. Keep a keen eye out—this week is brimming with opportunities you won't want to overlook!
XAUUSD D1 XAUUSD experienced a notable sell-off yesterday, even in the face of a 600-point correction in the DXY. As we recall from last week, we highlighted the market's mixed correlation and potentially misleading confirmations. Presently, this is precisely what we are witnessing: stock indices, the DXY, and XAUUSD all providing conflicting signals. However,...
XAUUSD D1 I hope you see the theme here for XAUUSD, in a bullish trending environment, we are ending the weeks strong, but seeing a subsequent rejections upon market open. Gaps downside as profit taking seen, as we gear up for the next bull run. Entries are difficult, because they're not pulling back to our support price. That being said, if we can highlight...
dear all my wolfy friends u can enter buy after MACD buy signal ;) turn on notifications I'll tell you
Dear all my wolfy friends be ready for movements :) we are in resistance zone so its possible GOLD surprise us with long moves
XAUUSD D1 We have sold off an absolute monstrous 1250 points in total from 1940 down to 1815, actively 1150 points as we have bounced somewhat 100. Support price of $1805 would be the lowest price gold has trading during the whole of 2023. We have have a huge bearish selloff without any relief rally. A bounce from support price of $1805 could be amazing...
Technical Analysis: - Gold (XAU) has just now made a new high since July, 2020 - It has a Weekly and H4 Bullish Structure - Now the wave (2) in blue is about to complete - H1 and H4 is turning up Technical Information: - If you're swing trader you can buy when the wave (2) is completed - Do't sell XAU now
XAUUSD H1 Sold off nicely yesterday as we pinned into our second resistance zone, priced at 1980 ish. First zone at 1964 got slaughtered. We saw a nice 50-80 pip rejection initially at our indicated resistance price, before then coming back up towards 1981 in recent trade. Hoping we see more dollar strength in line with the above analysis, and therefore more...
XAUUSD H4 Not really confident jumping in anything ahead of US CPI, this event will be the event of the week and certainly set the tone for the USD going forward this week and likely the rest of the month. That being said, we have eyes on $1944/46/oz price. A key area of S/R and clear area of pivot. Lets see what unfolds.
In the international market, according to Kitco, the world gold price decreased by 1.45 USD, or 0.08%, to 1,956.05 USD/ounce. Last week, despite ending the week in the neutral zone, gold bounced off a 3-month low following the decision of the US Federal Reserve (Fed). However, experts do not currently expect to see a large price movement this week. Gold needs to...
hello traders I want you to adjust your stop loss price is pulling back and continuing downtrend it is testing a liquidity area zone and continue going down!