Gold fell for three consecutive days, the front because of the geopolitical impulse to basically smooth out the bulls, and all the way down even broke the 1970-1953 support, the current minimum to 1947, the general trend is strong and weak, the market is also going down, the current consideration is how to card points to short, from the current 4 hours and hour...
Looking back on yesterday:
USD/JPY fell nearly 300 points in the short term
The U.S. dollar index DXY fell 53 points in the short term
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The above data pushed gold up in the short term by US$9 to around 1830, but it never remained at 1830 and fell back to around 1820.
Today's non-agricultural data Zenobia forecast is positive for gold.
Trading plan for...
Gold broke through the important pressure level of 1964 last Tuesday, and did not go much further than 1987 pressure began to call back, from last Wednesday, I will give you every day to emphasize that the rebound is about to end, we have also begun to layout short orders, from the trend rhythm of gold last week, the market bulls have been greatly shaken, the...
On 04 hours timeframe......we see a good bounce from 200Ema on daily time frame nd now gold trade near resistance 1940$..
Hear is a short opportunity for 1915, 1900 & for 1870$ level.....
with sl of 1953$......
On the 1-hour timeframe, we can see that we are in a bearish range that is delimited between 2011.890 and 1969.305, with the latter being the liquidity point of the range. Thus, we could look for a short operation in the gray delimited zones, with the first one being between 1998 and 1989, and the second one being the zone between 2008 and 2005. Alternatively, we...
So atm the only position that i have open is a sell order at 1771 sl is at break even
(For the new traders out there please make sure you just dont jump into random trades because you are following someones analysis make sure you just use it as a double confirmation if you are not sure because when i first started a couple years ago i would do the same and...
XAUUSD is expected to make a rise of around 2.25% as we have seen in its previous cyclic behavior.
3 out of 4 times price has retraced from fib 0.5 level which is also expected in the next move
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Gold was up $6 to $1771.9, the precious metal was above 20D MA (@ $1731) & below it 50D MA (@ $1796),
Here we can see clearly the next move for Gold, while we can see clearly its trading within a Bearish Ascending Wedge, This is a bearish reversal signal & the lack of progress higher has confirmed a sentiment shift, A break of support @1772.00 should lead to a...
G'day, Guys. It's Monday and another wonderful week to trade.
Today we going to analyse GOLD (XAUUSD).
Based on recent movements, gold has spiked to the 1800 price level before returning back to the 1771.30 price tag. Personal experience on gold, it's acting like this due to fundamental & sentiment taking place to stabilize the market price, remember Supply &...
G'day Trader.
Today we going to analyse GOLD (XAUUSD)
This analysis is based on current market conditions which are derived from the previous analysis. Current market conditions are sideways in a 4 Hour Time Frame, we expecting a huge break out happening as the market currently accumulating trading volume before making any movement.
There possibility current...
