XAUUSD is rising toward the pivot which aligns with the 61.8% Fibonacci retracement point and could potentially fall to a support level Alternatively, if price breaks above the pivot, it could continue to rise to the next resistance level Pivot: 2376 Support: 2343 Resistance: 2404 Risk Warning: Trading Forex and CFDs carries a high level of risk to your...
XAUUSD has reacted off the pivot and could fall to an overlap support. Alternatively, if price breaks above the pivot, it could continue to rise to the next resistance level close to the 78.6% Fibonacci retracement. Pivot: 2386.91 Support: 2364.44 Resistance: 2404.39 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you...
Gold hit its lowest price of the week at 2,354 USD in Wednesday's US trading session, failing to surpass the 2,400 USD mark. The inability to reach the 2,400 USD milestone has cast uncertainty over Gold's upward momentum, leading to a decline in its price. Looking at the 1-hour chart, we can observe the downward trend of the gold price based on trading below the...
Finally entered shorts on XAU, as I have been watching the price action's failure to break above $2398 resistance. Hard to shoot for anything long term as the Iranian unfolds. My targets are around $2260-$2280 area of demand with the stops right above the wick of the supply. Happy trading!
DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 18 April 2024 Trade Idea 1 SELL LIMIT Order: $2375.19 Stop Loss: $2395.89 Take Profit 1: $2354.73 Take Profit 2: $2343.60 Trade Idea 2 SELL LIMIT Order: $2380.01 Stop Loss: $2395.89 Take Profit 1:...
Esteemed analysts and traders, I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own...
Gold hovers around the $2,370, with trading range relatively narrow as investors closely monitor updates on the Iran-Israel conflict. Israel's stance on retaliating against Iran revolves not around whether but when and how to strike back. Bezalel Smotrich, Israel's Finance Minister, advocates for a response that would impose a "disproportionate toll" on Iran,...
HELLO TRADERS.. As i can see gold has break strong resistance level which is now turn in to a support zone and also tested 61.8 Golden Fibo level on Monthly TF we can see fundamentally issue around the world is signing to investors and big boys are moving to safe haven so load ur bags for this new bull run friends its just and trade idea do a proper analysis...
By checking the gold chart in the 1-hour time frame, we can see that based on the previous analysis, the price reacted to the specified supply levels and is currently trading in the range of $2381! Note that the price has attractive ranges in front of it to fall towards them (to collect liquidity)! These levels are $2363, $2339 and $2320 respectively! The...
Hello traders,, what do you think about gold please leave your comment..? We're focusing on gold prices within a channel. The upper boundary of the channel is marked by the resistance level at 2431, while the lower boundary is supported by the level at 2216. In this analysis, we're using a 4-hour chart pattern. - Channel Breakout Strategy: - If the market...
Hey Everyone, Please see update on our 4h chart idea we shared Sunday, which is playing out perfectly. We were looking for a retest at 2389, as our Bullish target, which was hit perfectly completing this target and no further ema5 cross and lock above this level, which confirmed the rejection. We will need to see ema5 lock above this level to see a continuation...
FX:XAUUSD is trading exclusively in a bull market. Quick and temporary reactions to the news are quickly exhausted and buyers regain the upper hand on the metal's price. Yesterday the price made another retest of the support at 2330, which has the status of an intermediate bottom. This area held the price and after that the market returned to its true...
xauusd hit liquidity & bullish to 2395---2415 trend is up trend & buy in demand
I dealt with many other things today, and the orders traded were relatively small, but my VIP friends all received my signal, and in general, the profit was around 110 points. Tomorrow's trading strategy is still based on dips, trading and confused friends can join me, I will take you out of the dilemma!
traders Gold price is ready to fly My dear subscribers My technical analysis is for Gold below The price is coming around a solid key Level 2391 Gold now 2391 Target zone 2460 Bis_ Bullish Technical indicators Pivot point low anticipates a potential price reversal Super trend shows a clear buy giving a Perfect indicators convergence perfect Indicators convergence
The U.S. dollar index continued to strengthen, posting its fifth consecutive daily gain as Powell signaled that the Fed has no plans to cut interest rates in the short term. Risk aversion limited gold's losses despite Powell's attempts to blunt market expectations for a rate cut. Spot gold approached the 2,400 mark intraday, but then fell back. After gold...
Dear friends, gold has rebounded to a high of around 2394 in the short term, approaching the 2400 mark again. Then gold seemed to feel a little exhausted, so it failed again and chose to fall back. Gold is currently trading near 2388, so does gold still have the strength to conquer 2400 or even higher? Although gold has stopped below the 2400 position many...
Western countries plan to quickly impose new sanctions on Iran to help dissuade Israel from a major escalation. Israel's war cabinet postponed until Wednesday a third meeting to discuss how to respond to Iran's first-ever direct attack, anticipating another expansion of the conflict. There is little data in the United States today. You need to continue to pay...