💬 Description: The evening trading idea for the Euro has undergone some changes, and now it is probably best to look at selling again. Pressing towards the daily support level of 1.05194 will most likely implement sellers’ immediate plans to eliminate buyers’ stop losses, which are located below this level. There is a good target ahead for implementing the...
I took a few stops, but I still believe that the price will reach the target price.rtm4
❤️ Hello everyone, hope you have a nice weekend 💡 As you know, this Friday, gold had a strong breakthrough when it was about to hit the 2,000 mark. That is completely reasonable in the context of the Middle East region being tense and investors flocked to gold to preserve their assets 💡 However, in a recent note, Fitch Solutions predicted that gold prices will...
XAUUSD is forming a triangle now in wave 4 (yellow) = last pullback from uptrend since 6/Oct/23 low. P/s. 2005 +/- is a confluence zone of :- 1)Daily Order Block 2)Pitchfork Parallel line
After Powell's speech, the price of gold rose sharply to around 1970. Seize every profit opportunity. If you still don't know how to operate, please come to my private message space to communicate with me.
After gold opened on Monday, as I said last week, the price made a correction. The lowest price was 1963 and the highest price was 1982.7. Combined with the oil pipe price chart, we can see that the trends are consistent. At present, gold is still rising and has never broken through the upper and lower support levels. Before, we could still trade based on trend...
On Monday, at the end of the Asian market, spot gold continued to rebound. The gold price has now rebounded to around US$1,977 per ounce. The gold price has rebounded sharply from the session low. Gold prices started trading today with a strong decline and fell below $1977/oz, suggesting that the outlook for gold prices will turn bearish. However, we note that...
The controlled progress of the US technology stocks index led to a 0.30% increase in the closing. The day started with an initial weakness and an opening at 14,514.1 points, below the lows of the previous session, but during the day, we witnessed a strengthening of prices. The technical analysis of the Nasdaq 100 reveals an expansion of the downtrend line, with a...
GOLD TREND ANALYSIS September 24, 2023 Gold has a slight decline although yesterday`s DXY index fell quite strongly, but it did not cause gold to be supported but only maintained in the 73-79 area. However, it still hasn't really broken through the 73 zone. This morning, DXY is still under pressure and gold has leveled off. There is a possibility of going...
Gold prices made a recovery from recent losses, trading above $1,980 during Tuesday's Asian trading session. The precious metal found support as the US Dollar adjusted, possibly due to a decrease in US Treasury bond yields. Gold continues its 'buy on the dip' trend, with the 14-day Relative Strength Index (RSI) signaling overbought conditions at 69.20. Immediate...
Gold prices are currently trading around $1,975, retreating from near $2,000. Federal Reserve Chairman Jerome Powell and other Fed officials have indicated that interest rates will remain stable at the November meeting. Geopolitical tensions continue to weigh on markets, leading to an outflow of safe-haven assets like gold. Market participants will focus on US...
Hello dear friends. As predicted by Karina earlier, as soon as the gold trading session began, it immediately turned around and declined to the level of 1975 USD. Karina had previously mentioned that after breaking out of the trend channel, gold is likely to return to test the previous breakout area to confirm the official uptrend. Additionally, the price is...
– Previous Daily candle closed Bearish around 1972.700 forming Daily Resistance around 1981.000. – Buys on close above 1981.700 targeting 15min Resistance around 1986.800, Leaving Runners to the 1h Resistance formed around 1991.800. – Sells on close below 1970.300 targeting 4h Support formed around 1966.000, Leaving Runners to the previous 15min Resistance formed...
R3 LRS 2018 R2 MRS 1997 Supply Area H1 TF R1 HRS 1983 Supply Area H4 TF S1 HRB 1973 S2 MRB 1948 Demand Area S3 LRB 1923 Demand Area D1 On Support Sma200 1931 W1 On Support Sma44 / 1925 MN On Support 38.2% / 1903 MN On Support 23.6.0% / 1973 SELL> 2003-2008 BUY> 1963-68 – 1948-53 OBSERVATIONS: FOR (TRADING VIEW MEMBERS) FULL DETAILS...
Good evening gold gang! .. a great day on the charts today with lots of small wins scattered through the sessions and an absolute perfect analysis from last night too .. thats what we like to see! Price looking very bearish currently trapping buyers looking for that 2000 level .. id be happy to take sells on a restest to come down to the 60 algo from there...
Gold has been trading in a descending channel since May. But something had to happen after bottom got rejected... unfortunately it was war. Eastern conflict launched XAUUSD to the first checkpoint before the Moon. It broke through semi-channel resistance, static resistance at 1945, main channel upper dynamic resistance and finally stopped just below...
Gold / XAUUSD is trading inside a Channel Up since the October 6th Low and the start of this fast and strong rise. It has been having symmetric pull backs of -1.25% to -1.70% and appears to have completed the latest. As lng as the 1964 Low holds, buy and target 2020 (+2.95% rise, same as the last two). If it crosses under 1964, sell and target 1940 (1day...
Hey Everyone, Please see update on our 1H chart route map for the week. We saw price retrace into the first stage of our retracement range hitting bearish targets 1979 and 1970 and then bounce off this support at 1970 back into resistance at 1979. Ema5 failed to cross 1979 and so we saw price retest support at 1970 for another bounce inline with our plans to...