Gold fluctuated downward for 30 minutes, and the rebound high points of gold successively decreased, and the rebound was not strong. The 30-minute moving average of gold began to turn, and there were signs of forming a dead cross. If the 30-minute moving average of gold formed a dead cross downward, then there would be room for gold to adjust downward. will...
As for gold, the US market retreated after yesterday's new high of 2450, bottomed out and rebounded, and the daily line closed in a cross. There are several technical points: 1. Today, it directly rose and broke the high, forming a watershed morning low of 2408. This extremely strong market must be a bet on the rise of the European market. On the one hand,...
On Tuesday (May 21) in the European session, gold rose by about $15 in the short term and is currently trading at 2414-2422. Gold hit a record high of $2450 on Monday due to the news of the death of the Iranian president, which also triggered a discussion on whether gold has the hope of hitting the $2500 mark in the short term. However, as the US session...
Daily chart: Already reminded before: 2340+2290 Already reminded: Only by maintaining a short-term anti-Dan state can there be a chance of rising Only if you keep rising will you have a chance to rise It has stood above 2340 and started to rise slightly in the short term. Stay above 2350--65, strengthen in the short term Staying above 2385, it has risen...
Not much has changed on Gold. We haven’t been to the top yet, there’s no data there. If we update the historical maximum, you can find out more in the Daily Gold posts. During the week you can trade from these price levels. Finding the entry point into a transaction and its support is up to you, depending on your trading style and the development of the...
XAUUSD demonstrates a robust bullish outlook, primarily fueled by escalating tensions in the Middle East and anticipated dovish monetary policy stance by the Federal Reserve. Fundamental Analysis: Geopolitical Uncertainty: Heightened geopolitical tensions in the Middle East have become a key driver behind the surge in demand for safe-haven assets like gold....
Hey Everyone, Another great day on the chart today with our trading idea playing out level to level. After hitting our bullish targets yesterday we expected play between 2413 Goldturn and 2429 Goldturn. We used the 2413 Goldturn today to buy dips inline with our plans for the week. We are now looking for ema5 to break either level to open the next range. A...
Upon reviewing the gold chart on a 15-minute timeframe, we observe that the price is currently trading around $2423. It is likely that in the initial movement, we will see an increase to the range of $2428.5 to $2433. Following that, once the price enters the specified range, we may witness another drop in gold prices. All the important levels for trading have...
Today we went long gold near the 2412 position and successfully hit TP: 2423. It was still a good trading profit. At present, gold has rebounded strongly to above 2430. The bulls have regained control of the situation. How much more can gold rise? Do we still want to continue chasing gold? There may be many people who have this question, and many people have...
Sell on the theory markets ranges 70% of the time. 30m TF breakdown support is a good signal to sell. Take a break bulls.
The long-term strategy for 2414-2430 has been completed. It can be seen that there is pressure here at 2430-2433, which is why I informed you to stop profits in advance. The overall fluctuations are not big today, but we still pay more attention to the upward direction, so you can choose the long idea of a small range in trading, going long 2416-2420,...
🔴 Resistance - 2416 🔴 🚀 Target - 2426 - 2436 🚀 🟢 Support - 2412 🟢 🚀 Target - 2402 - 2395 🚀 🚫 Manage Your Risk & Reward As Per Your Risk Management 🚫 🔥🔥 Levels Works Best on 5 - 15 Minutes Time Frame 🔥🔥 ❤️❤️ MARKET SECRET ❤️❤️👇 1. TRADE WHAT YOU SEE NOT WHAT YOU ASSUME 2. FOLLOW THE TREND BECAUSE TREND IS YOUR ONLY FRIEND 3. CHART IS SUPREME 4. YOUR...
A retest in forex trading is the price action that occurs after a breakout, where the price returns to the level that was broken and tests it as a new support www.tradingview.com level.
Gold was on a downtrend, but now, following the break of this downtrend line and considering the bearish trend of the dollar index and important news today, we could expect a bullish move towards 2400 - 2417. 📈
OANDA:XAUUSD remained strong as the Dollar and US Treasury yields weakened, although data showed US producer prices rose more than expected in April, suggesting inflation remained high. Federal Reserve Chairman Jerome Powell said Tuesday that his confidence that inflation will continue to cool is no longer as high as it was at the beginning of the year and that...
Data showed US consumer prices rose less than expected in April, raising the possibility of an interest rate cut by the Federal Reserve, the dollar weakened and US Treasury yields fell, gold prices rose because expectations of interest rate cuts will make haven assets like gold more attractive. A gauge of core U.S. inflation cooled in April for the first time in...
OANDA:XAUUSD after a correction on Thursday, it remained within a short-term uptrend and the market was affected by some comments from Fed officials. Three senior Fed officials said the central bank should keep interest rates high longer as policymakers await more evidence of slowing inflation, suggesting officials are in no rush to cut interest rates....