Gold's 30-minute moving average crosses downwards, and the 1-hour moving average also begins to turn. Gold still has room to go down after falling below the support of the 2400 integer mark. As long as it rebounds to around 2400 in the U.S. market, it can continue to sell.
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.
The XAUUSD (Gold) is currently displaying a bearish momentum, as evidenced by the highlighted zones of downward price movement. The chart indicates that the price is forming a second leg of the downtrend. Should this pattern continue, it is anticipated that XAUUSD will break below the $2400 support zone. Traders should monitor this level closely, as a breach could...
The Fed will release minutes from its April 30-May 1 meeting on Wednesday, which may reflect more concerns about higher-than-expected inflation in the first quarter, as the meeting was held before the release of last week's consumer price inflation report. The Fed said at the meeting that it still prefers to eventually lower borrowing costs, but acknowledged...
All our previous predictions about xauusd went 100%✔️✔️✔️ right kudos to all followers. now recent developments on xauusd is that if 2376 area is not breached its a buy for xauusd till 2440 Entry : 2383- 2376 tp 2390 tp 2397 tp 2407 tp 2413 tp 2421 tp 2433 tp 2440
THE KOG REPORT: In last week’s KOG Report we said we would be looking for price to attempt the push up, go into resistance where we wanted to short the market into the order region, and then look for the long trade back up from there on the RIP into the levels above. This went extremely well giving us a pin point move from level to level. During the week we...
Gold fell back to around 2405 as expected. Our short gold position today near 2418 ended up hitting TP again. It was a very good trading experience. In fact, as long as you follow me, you will easily find that I have recently reminded you to focus on shorting gold.In particular, the previous article reminded: short gold, and aiming at 2395-2390. Judging from...
SL: 2385.482 TP: 2489.144 In this trading strategy, we present a compelling opportunity for a long position on the XAUUSD currency pair, focusing on the 1-hour timeframe. By incorporating key technical indicators such as the Exponential Moving Average (EMA) 200, Moving Average Convergence Divergence (MACD) for trend analysis, and Supertrend for entry signals,...
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...
There is a potential trend reversal on the 1 hour timeframe. If it's going down, the downtrend will be followed up on higher time frames so a huge sell. Stop loss :2441.5 Take profit: 2382.4 or keep it open and wait for higher time frames
See chart for analysis. Options: 1) waiting for price to break falling wedge to the upside and catch the pullback. 2) if price breaks to the downside then consider looking for scalp shorts NOT swing shorts because how strong the metals market is.
Gold has experienced a pullback after hitting a record high on Monday, but it still maintains some upward momentum. Prices are hovering above the 2,400 mark, showing that demand for safe-haven assets remains strong. In addition, the fall in U.S. bond yields from highs has also provided support for gold. From a technical analysis point of view, gold prices show...
Hi fellow traders, XAUSD will be ready to make a move higher from the blue box after it completes the correction. Target the 2441.44 level. Good luck and trade safe!
Looking at the chart of GOLD right now we are seeing some interesting price action on the lower timeframes. Thus a local move up seems to be quite likely. ❤️ Please, support our work with like & comment! ❤️
Upon reviewing the EUR/USD chart on the 4-hour timeframe, we observe that the price, after accumulating liquidity above 1.08860, underwent a correction. Currently, the price is re-entering the Bearish Order Block ahead and we are still witnessing an IMBALANCE or FVG prior to the specified order block. This fact significantly increases the importance of this order...
Gold Next Trend | H1 Timeframe Todays Gold Break the LTF and Touched the 2404.80 We Expected next possible move that gold will be in a trendline and trendline also shows all the candles are under the below zone Expected touched zone 2414.00 - 2415.00 We will open Positions Accordingly to our Setup Destination point would be 2400 - 2397 - 2393.40 cheers and...
Hello everyone, DEEKOP is ready to bring the most accurate signals and assessments to everyone. Financial freedom is true freedom. Yesterday there were many statements from members of the Fed 1. Fed's Jefferson says it's too early to know whether deflation will last. 2. Fed's Mester says economic conditions do not support three rate cuts. 3. Fed's Bostic...