Dear friends, gold hit a high of 2265 overnight and then fell back. Then gold stopped falling near 2229 and rebounded slightly again. As of now, gold is trading near 2251.According to the current gold trend, there is no doubt that gold still maintains a trend upward trend, so overall gold still maintains a intact upward pattern. But in the short term, today's...
The price of gold XAU/USD has recorded a significant increase, reaching nearly $2,250 at the start of the Asian trading session on Monday, attracting investors' attention amid expectations regarding the Federal Reserve's monetary policy, political tensions in the Middle East, and hopes for China's economic recovery. Furthermore, traders will focus on China's...
Hello everyone, This dawn, the global gold price continued its ascent, marching confidently towards $2260 from last week's close. This week, the gold market is expected to witness substantial fluctuations as it reacts to significant US economic indicators. Beyond last Friday's inflation data, the market is also keenly anticipating the March Non-Farm Payroll...
As the new week unfolds, gold has continued its remarkable ascent, surging by nearly $25 to touch $2265 in the initial trading hours of Monday. This historic rally is driven by investors flocking to gold as a haven asset amidst escalating economic uncertainties and the anticipation of interest rate cuts. Furthermore, the concerted effort by central banks...
Dear friends, today we shorted gold in the 2263-2265 area and set TP: 2245, making a profit of 18 points and successfully making a profit of 10K, which is a good gain. After touching 2245TP, I used small batch trading lots to chase short gold at 2246 and 2237 respectively, and set TP: 2225. Because gold only touched the lowest position near 2228, these two...
Dear friends, today we shorted gold in the 2263-2265 area and successfully made a profit of more than 10K, which is considered a good gain. After hitting the TP with this transaction, I used small batch trading lots to chase short gold at 2246 and 2237 respectively. Although these two transactions have not ended yet, overall there is still a floating profit of...
Yes yes, we know... this is rather a glum view of the market BUT, we'd rather be open to every possibility so that we're not taken by surprise. According to Elliott Wave Theory, it's often the case that if Wave 2 is a simple correction, wave 4 turns out to be a complex correction. This seems to be what we're seeing right now. Wave 2 was a simple ABC correction...
After the rise of gold and the fall below the trend line that we expected to fall, we can enter sell positions again and place the Stop loss at the bottom of the chart at the 2270 So, this analysis is a continuation and confirmation of the previous analysis so that we can have more reliable sales with the updated idea.
Last week gold moved in a very strong bullish wave and tapped into new ATH. The big daily resistance trend got broken. Today it broke below this resistance trend. Structure build above this zone. Expecting gold to retrace bullish first and then a posible further fall towards 2225. Arrows are a posibility, not a signal. resistance: 2244, 2259(ATH) support: 2222, 2211
Here on XAUUSD price has has made a rebound forming double bottome showing that it likely move up . Again the two Moving avaerage has crosss over showing up . So going for LONG is required at around level of 2240.000
Gold is moving above $2,200...in this case, it will head towards $2,300 Gold prices did not witness noticeable movements during these moments of trading today, Thursday, after they ended yesterday’s trading at record levels, with investors looking forward to more US economic data to obtain evidence of the course of monetary policy. Ilya Spivak, head of global...
The analysis on EUR/USD shows a strong bearish pressure that led the cross to touch its lowest level since mid-February, dropping below the level of 1.0750. The daily chart indicates that EUR/USD is confined within a 20 pip range below the level of 1.0803, which corresponds to the 61.8% Fibonacci retracement of the previous rally from 1.0694 to 1.0981. In the...
Gold rose again after the opening of the day, and rose strongly to around 65, which also allowed the bulls to perfectly release the energy of the impact. At the same time, it is also very likely to continue to wash away the short orders that were stranded in the early stage, so the short-term counterattack will also It directly exhausted the energy of the...
Hey Everyone, Once again our chart idea played out perfectly hitting all our Bullish targets right form the get go when the market opened. As stated we are seeing price challenge 2231 on market close on Friday and we needed ema5 to cross and lock above 2231 to open the range above. - We got the EMA5 cross and lock above 2231 opening 2240, 2246 and 2253, which...
Dear friends, gold has repeatedly broken new highs and hit the 2265 line. At present, gold still maintains a strong unilateral upward trend. However, as far as current trading is concerned, I do not advocate continuing to cash long gold. Because gold continues to be very overbought and deviates too far from technical indicators, there is currently a short-term...
Gold has directly risen by about 30 US dollars. If it rises higher, it will inevitably fall back. Look below 2230. Are you ready? Gold has directly risen by about 30 US dollars. If it rises higher, it will inevitably fall back. Look below 2230. Are you ready? The golden hourly line K-line deviates far from the moving average, and the K-line will inevitably...
OANDA:XAUUSD ANALYSIS - Dollar down, gold up - Gold retests prior 2024 all-time high DOLLAR DOWN, GOLD UP Gold is influenced by a slightly weaker dollar at the start of the shortened trading week. Last week, gold prices showed an unusual evening star pattern, which can indicate a bearish trend reversal. The dollar is possibly stabilizing after a volatile end...
The world gold price is trading at 2,190 USD/ounce, up 12 USD/ounce from yesterday. Investors are anticipating US inflation data, which could provide insights into the US Federal Reserve's policy pivot. Despite the USD rebounding, precious metals remain near their recent historical peak. Investors are waiting for US economic data to be released later this week...