Our trading plan is to wait for the price to react in the price range 2337 to 2332 to look for buy signals. The news was announced yesterday Preliminary GDP news is 1.3%, lower than expected 1.6% Applications for unemployment benefits were 219k, higher than the previous period's 216k News that pending home sales are down 7.7% Yesterday's news indicators are...
Dear traders! Gold prices are consolidating the previous recovery in a downtrend but remain limited in a narrow range near $2,350. Accordingly, News is ahead, we are waiting for the highly anticipated US Core Personal Consumption Expenditures Price Index, the Federal Reserve's preferred inflation measure, for momentum new directional force. You need to understand...
Dear traders! Gold (XAU/USD) traded steady at $2,340 on Friday, pausing a difficult recovery from Thursday's three-week low around $20 lower. The recovery came after weaker US growth data showed inflation will be contained and interest rates are likely to fall. As a non-yielding asset, lower interest rate expectations are positive for Gold. And if the upward...
Decrease in buyers' desire for gold due to stable PCE inflation figures Examining the trend in the four-hour time frame, gold has formed a HEAD&SHOULDERS pattern, with the failure of the NECK LINE support in the 2323 range, the rate can fall as high as the head of the pattern to the 161.8% Fibo support at $2219.
We have sold gold at high levels many times recently and have successfully reached TP. The winning streak is very good. We are ready to sell again today. Today, gold fluctuated narrowly in the Asian and European sessions, and the fluctuation range narrowed. Focus on the 2350 area. The gold price is below this area. We still maintain the bearish thinking! If it...
Hi friend. Like i write in previous idea market strong support 2328. But there is no market process wich can continue falling. So my opinion growth to transit zone 2340-2346 after bears was distributed. Support me;)
Hey Everyone, Great finish to the week with another nice catch from the dip. Not much to update today, as we saw price play between both weighted levels like we suggested yesterday. Currently back to testing the 2322 level again. We will need to see ema5 lock above or below either level to open the next range. We will now come back Sunday with our multi...
Hello my friends. Bitcoin is in its resistance range and can enter correction. The desired setup to enter the short position is specified The loss limit of this position is 70,000 and the targets are as follows. 67300 66350 64650 63200 The position is against the trend, please follow the capital management
Hi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you! “Trade setups, not movements” 1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion) Monday DAY 1 Opening Range Tuesday DAY 2 Initial...
Hi friend. Lets look at gold chart window. We have more then 2k of bulls accumulate. So my opinion price will fall to 2328 secondly. Thanks for your support.
The current analysis indicates a Bullish trend for OANDA:XAUUSD , should continue on the secondary channel till 2369, and after that stabilizing above 2369 will continue the bullish trend till 2397. otherwise stabilizing below 2369 will try to reach 2334 and 2306. Key Levels: Bullish Lines: 2369, 2397, 2412 Bearish Lines: 2334, 2306, 2281
After the release of encouraging US economic data recently, Gold prices are showing signs of stabilization following consecutive days of losses triggered by the hawkish tone in the Fed Meeting Minute. FOMC Minutes revealed that Fed officials are uncertain about the level of policy restrictiveness and anticipate a prolonged wait before gaining confidence in...
Dear traders! Today's world gold price is listed on Kitco at 2,344 USD/ounce, up 7 USD/ounce compared to early yesterday morning. Accordingly, recently, traders' views have increasingly favored the scenario in which the Fed will keep interest rates higher for longer, increasing the opportunity cost of holding the yellow metal and creating Strong resistance level...
Fed’s Preferred Inflation Measure Rises 0.2% in April, as Expected According to a closely watched measure released Friday by the Federal Reserve, inflation rose as expected in April, with markets anxious about when interest rates might begin to decline. The personal consumption expenditures (PCE) price index, excluding food and energy costs, increased by 0.2%...
### XAUUSD GOLD ============== Check out the background information (), and also review the related ideas. A strong pullback at the current level is needed to confirm the break of the Timer TL and to justify short positions moving forward. Without this pullback, short positions become risky, as a bounce from the bottom of the...
In the analysis of the oil chart, the main trend line of the upward movement (blue line) has been broken, and the broken candle is marked with an arrow. It seems that we have to wait for lower prices for oil. Do you agree with my opinion?
After reaching the 2450$ zone, xauusd OANDA:XAUUSD faced a huge sell pressure that led the gold price to fall into the 2326 zone sharply. We believe the price has more room to fall more until it reaches the 2250-2260$ zone. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team...
Trading Setup: There is a Trading Signal to Buy in Gold XAUUSD (h1) Traders can open their Buy Trades NOW ⬆️ Buy Now or buy on 2334.6 ⭕️SL @ 2321.0 🔵TP1 @ 2374.5 🔵TP2 @ 2406.4 🔵TP3 @ 2442.0 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning...