January 8th was the day.. I bought long term April 3rd target smash using day trading strategy. I will love such a play every year.. Entry 1990.. target 2290 = 3,000 pips stuck in profit
Yesterday, after initially rising to 2277, the price began to correct. Following an initial drop to support, bulls regained control during the US session, closing the day with yet another all-time high for $OANDA:XAUUSD. During the Asian session last night, once again, the initial drop was met with strong bids, leading to a quick price recovery. These...
GOLD OANDA:XAUUSD - Mar. 25th, 2024 Weekly: Bullish Daily: Bullish 4H: Bullish BUY/LONG ZONE (GREEN): $2186.000 - $2280.000 DO NOT TRADE/DNT ZONE (WHITE): $2155.000 - $2186.000 SELL/SHORT ZONE (RED): $2072.000 - $2155.000 OANDA:XAUUSD had strong bullish momentum after breaking out of a previous range and is currently developing a new range at the top of the...
Hey Everyone, Please see our 4H chart idea update, which was completed perfectly today hitting all our targets. First we had ema5 cross an lock above 2218 to open2238 and 2253, which were both hit perfectly earlier this week. Followed with a further lock above 2253, which opened 2269 and 2288 - BOTH HIT PERFECTLY FO RTHE FINISH!!!! We will now look at our...
Dear friends, gold hit its highest level near 2288 and then fell back. It is currently trading near 2271. Gold is currently showing an irrational market. On the one hand, due to the situation in the Middle East and the expansion of the conflict between Russia and Ukraine, safe-haven assets have been rushing into the market. On the other hand, silver and oil have...
My dear followers, I analysed this chart on GOLD and concluded the following: The market is trading on 2277.7 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 2237.8 Safe Stop Loss - 2298.9 About Used Indicators: A super-trend indicator is plotted on either above or...
Upon analyzing the daily gold chart, it’s evident that gold remains robust in a powerful upward rally. Notably, there is no significant supply range ahead, prompting bulls to seek purchases during minor corrections and drive prices higher. Today, gold achieved a new all-time high (ATH), which was $2288. For reference, the essential demand ranges are as...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Break of Structure Completed " 12345 " Impulsive Waves Fibonacci Level - 161.8% RSI - Divergence Rising Wedge as an Corrective Pattern in Short Time Frame and Rejection from Lower Trend Line
Well, by examining the 1-hour EURJPY chart we can figure out the price has the potential to rise after collecting the sell-side liquidity. In this case, we can define the bullish FVG which is below the sell-side liquidity, also this FVG aligns with the 50% previous upward leg and we have a lot of buy-side liquidity that can defined as targets. All in all, we...
By checking the GTAI/USDT chart, we can see that the price is trading in the range of $3.17 and we have to see if it can keep the support of this important demand range or not! If the price manages to stabilize above $3, we can expect its growth to higher levels such as $3.5, $4.5 and $5.5! This analysis will be updated! If you have more questions, share them with...
Silver is unstoppable. Following Gold strongly bullish sentiment, XAGUSD keeps breaking key resistances, one after another. In comparison to Gold, Silver still has multiple historic resistances to pay close attention to. Resistance 1: 26.8 - 26.95 area Resistance 2: 27.9 - 28.72 area Resistance 3: 29.8 - 30.1 area Look for pullback/breakout trades from these...
Hi folks today I'm prepared for you Gold analytics. Some time ago prices started to trades near support 2, which coincided with the support zone, and even later XAU fell to this zone and some time traded there. After this, the price turned around and made an impulse up from this area to 2223 points, breaking support 2, but soon turned around and declined back to...
H4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Gold continues it's bullish run following the Fed's dovish outlook on interest rates. Price has printed further highs since yesterday's highs (03-04/2024) where we continue to trade within a fractal high and internal low. further new high has meant location of ChoCH has been brought closer to current...
Gold is vastly overbought on its 1D technical outlook (RSI = 80.447, MACD = 42.840, ADX = 50.847) and the reason is that since last month's (March) breakout and monthly closing above the 2020 Resistance, it started a new bullish hyper Cycle. It is overbought on the 1W RSI also (74.802) while the monthly (1M) is only a fraction away too (RSI = 69.871). This is a...
The private intake expenditures (PCE) fee index, which the Fed makes use of to set its 2% inflation target, rose at a 2.5% annual price in February, up from 2.4% visible in January. Core inflation, which strips out risky meals and electricity prices, rose 2.8%, down barely from a revised 2.9% boom in January. Neither parent is possibly to reinforce growth. boosted...
GOLD MARKET UPDATE : Can a sustained rate cut outlook maintain Gold's rally? - Gold hit its all-time high yesterday after the JOLTS Job Openings release. - The data showed a more steady result with 8.756 mln job openings, up 8k from the previous month. - However, the data may not have been sufficient to alleviate concerns about the US labor market's overall...
#XAUUSD 2024.4.3 📈Market Direction During the last 3 days of this week, the market will fluctuate very strongly due to news about unemployment, especially Norn-farm on Friday. I remind you to reduce volume and always manage capital when entering orders. About today, the opening price of gold is above the pivot and POC so the direction is BULLISH. I will wait...
Gold is currently under pressure at MA5 (2252-2254). If it breaks through, focus on the resistance of 2258-2263, and the support below is 2246-2241. If it falls below the support, consider the 2226-2218 range. If it falls to around 2226-2223, you can try to trade long and pay attention to controlling the position. The rebound resistance will be concentrated at...