The geopolitical outcome is still a topic that the market cannot avoid. Now the Middle East may expand the scale of confrontation, which will greatly affect the stability of the financial market. In the market, pay attention to the weekly unemployment claims data in the United States on Thursday and the initial value of the Purchasing Managers' Index (PMI) on...
My dear friends, Please, find my technical outlook for GOLD below: The instrument tests an important psychological level 2311.4 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 2319.5 About Used Indicators: Super-trend indicator is...
in the past fee days we can find that xauusd is accumulating in a particular zone of 2325-2332 area. where 2322 is showing a great resistance to the bull and a big zone for bearish reversal. SO WHAT WILL HAPPEN IF THIS ZONE IS BEEN BROKEN? See if this zone is broken xauusd will be tested at 2336 and if this is broken xauusd will go through resistance zones at...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
XAUUSD LONG Trade Reason : 1) Take Support for Day Time Frame 2) 4 hr - Decending Channel Pattern Breakout Entry - 2368 or Correction Level Target - 2414 .715 Stoploss - 2313 Enjoying Swing Traders ...
Hello traders, I want share with you my opinion about Gold. Looking at the chart, we can see how the price some days ago price started to trade inside the wedge, where it at once made an impulse up from the support line to the resistance line, after which turned around and fell to the support level. Then price some time traded near this level and then started to...
By analyzing the EUR/USD chart on the 4-hour timeframe, we see that the price has started to rise exactly as we expected. It fully filled the first FVG and even about 50% of the second FVG. The overall return of this analysis has been over 85 pips. Currently, the Euro is trading around 1.072 and might start a further correction from this level. The 1.07380 to...
ABCD Fibonacci pattern identified at 6/20 19:00. This pattern is still in the process of forming. Possible bearish price movement towards target levels ranging from 2,345.29 to 2,318.09 within the next 8 hours. Expiry Date/Time: 6/21 03:11
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Recently price entered to wedge, where it at once bounced from support line to resistance line. But soon, Gold turned around and in a short time declined back to support line, breaking $2400 and $2325 levels. Then price made upward impulse to $2447 points,...
I expect a bullish move in todays trading. Entry at current price 2318, target 2353 and stops below (2309 - 2300). Use proper risk management.
Gold is bullish and the price must close the FVG we was in from 2282 and we are still continue going up to reach our final target
in XAUUSD gold, M15 showing Head & Shoulder pattern which indicates that market will fall down in today because USD will strong and unemployment claims news. good luck
Consider why XAUUSD is moving sideways from the daily time frame down to the lowest time frames. When you zoom out to the 12-month time frame, you’ll notice XAUUSD has hit the third touch of the horizontal resistance level and is respecting it. Historically, each time it hits this resistance level, it bounces back with significant selling pressure. On the daily...
At first glance, USDCAD might seem to be moving sideways on the highest time frame. However, a closer look at lower time frames—daily, H4, H1, and 15 minutes—reveals a different story. The pair has been consistently forming bullish patterns and breaking previous highs. This suggests a strong possibility that USDCAD is gearing up to target 1.39000. It’s only a...
Hello traders , EURCAD Ready for Short If you need more my ideas follow me.
Gold faced renewed selling pressure during early European trading on Tuesday, eroding part of the previous day's modest recovery from the $2,287 area, a one-month low touched due to strong US jobs data. Investors are scaling back bets on an imminent interest rate cut by the Federal Reserve (Fed) in September. This has kept US Treasury bond yields elevated and...
Gold gains traction and trades around $2,321 in the latter half of Thursday, buoyed by a drop in the benchmark 10-year US Treasury bond yield, which fell more than 1% on the day to below 4.3% following disappointing US economic data. This decline in bond yields provides support for XAU/USD. The price action in gold demonstrated a strong rejection from a minor...
#Gold - UniverseMetta - Analysis The price near the support level has formed a triangular formation, which may preliminarily indicate a rebound to the upper border. There was a breakthrough and consolidation behind the triangle line. Further targets can be expected at the level of 2400 - 2450. Local targets 2350 - 2375. Cancellation of the idea when forming the...