Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves Break of Structure RSI - Divergence Bullish Channel as an Corrective Pattern in Short Time Frame Resistance Level
Hello traders, I want share with you my opinion about Gold. Observing the chart, we can see that the price some days traded in the buyer zone, which coincided with the 2030 support level and soon broke this level and later made a retest. After this, the price rebounded from the support level and made a strong upward impulse to the current 2160 support level, which...
Hi guys, I'm back with another gold analysis, as you can see gold is pretty much bullish. which makes buying on demand levels sensible. area 2200-2198 is our first demand level which could be tested today. currently market is trying to break above the ATH. one scenario is breaking above the resistance and then pulling back in which then we would look for demands...
EUR/USD Technical Analysis 📉📈📊 Current Price: 1.08360 🟢 Recent Pullback: The EUR/USD pair retraced from the level of 1.07980.📉📈📊 Retest of Support: It's currently retesting the support level around 1.08260, indicating a potential bullish sentiment. Trade Target: The next significant resistance level lies at 1.08881, which presents an attractive target for...
price is back where it was after fed last dovish fomc speech it ignored latest waller hawkish comments first 12345 then abc correction - price now testing big h4 resistance zone
Gold retreated to the $2,180 area after facing rejection near $2,200 during the European trading hours on Wednesday. With the benchmark 10-year US Treasury bond yield edging lower toward 4.2%, however, XAU/USD regained its traction and rose above $2,190. On the flip side, any corrective decline is likely to find some support near the $2,164-2,163 area ahead of...
Gold beat off a trend line again. MACD and other technical indicators show a turn. I expect reduction of price at least before support at the level of 1933. Information provided is only educational and should not be used to take action in the market.
Wow, just bagged 100 pips on GOLD Took a nap and woke up to profits.. Holding until final target.
Gold may continue its growth amid huge buying interest. Central banks of major powers continue to actively buy the metal. Against the backdrop of the expected reduction of interest rates in the U.S., the potential for gold is also growing. From a technical point of view, for further growth the market-maker needs to liquidate orders below 2150 in order to gather...
Gold (XAUUSD) is on a short-term uptrend on the 1H time-frame as it is supported by a Higher Lows trend-line since Friday's bottom. As long as this trend-line holds, we are bullish, targeting 2220 (marginally below Resistance 1). If the price breaks and closes a 1H candle below the Higher Lows trend-line, we will see and target 2150 (marginally above Support...
Preferred direction: BUY Comment: In addition to the New Zealand dollar, the idea that we described a little earlier, its "older brother" the Australian dollar is also excellent for longs. The idea is still the same, namely the medium-term weakening of the American currency . We highlight two scenarios for the development of events with a common target...
Preferred direction: BUY Comment: Within frameworks this week, we've been following the buy-priority on the main currencies that compete with the US dollar . It can be assumed that the long-term outlook will most likely be positive for the American currency, but the medium term will most likely take place within the framework of a downward correction for this...
It is often said that gold tends to perform well during economic uncertainty and crisis. But is this really so? Let’s examine gold's volatile history before and during recessions in the past 50 years. The 1960s and 1970s were marked by many economic and geopolitical changes, including multiple crises of the British pound, the collapse of the London Gold Pool, the...
Gold has long been revered as a symbol of wealth and stability, with its value enduring through centuries of economic fluctuations. In times of market turbulence and geopolitical uncertainty, investors turn to gold as a safe haven, seeking to preserve wealth and mitigate risk. Beyond its role as a financial hedge, gold holds intrinsic value in various industries,...
In the realm of finance, gold stands as a timeless symbol of wealth and stability. Its allure spans centuries, captivating investors and economists alike. As a financial analyst, delving into the intricacies of gold unveils a multifaceted narrative, rich with economic insights. At its core, gold embodies both tangible and intangible value. Beyond its lustrous...
From a technical standpoint, the price of gold has experienced a period of stability and upward movement over the past two weeks. This indicates that the price oscillation range is still holding within the area of resistance turned support, with prospects for a breakout to the upside. On the other hand, recent downward adjustments have found support around the...
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) Signal For 26 Mar 2024 Trade Idea 1 SELL LIMIT Order: $2183.90 Stop Loss: $2200.43 Take Profit 1: $2167.63 Take Profit 2: $2158.77 Trade Idea 2 SELL LIMIT Order: $2187.74 Stop Loss: $2200.43 Take Profit 1:...
XAUUSD Gold is trending bullish, an ideal entry would be on a 61.8% Fibonacci retrace off the current price swing. Not financial advise.