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...
Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate....
Gold jump uptrend after openning on monday after that we must have some correction down trend We made almost 200 pips from our golden area the 2 times we sell the high❤️
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Bullish Channel as an Corrective Pattern in Long Time Frame RSI - Divergence Break of Structure Completed " 12345 " Impulsive Waves and " A " Corrective Waves Symmetrical Triangle in Short Time Frame
Gold price (XAU/USD) enters a bullish consolidation phase during the early European session and oscillates in a narrow band around the $2,260$2,265 region, or a fresh record high touched this Monday. Gold price (XAU/USD) enters a bullish consolidation phase during the early European session and oscillates in a narrow band around the $2,260$2,265 region, or a...
hello everyone, these are the possibility of gold... if news continue to be bullish the price may likely get corrected... or it could break the uptrend channel.. the price is still in uptrend direction.. we may see bearish movement if usd strengthen today... as always look for proper breakout... good luck
Gold (XAUUSD) hit this morning our long-term 2260 Target, which we called for on our March 2021 (see chart below) idea: That not only made a Higher High formation at the top of the 5-month Channel Up that started on the November 03 2023 Low but also hit the symmetrical 1.382 Fibonacci extension as the last Higher High on May 04 2023. This has indeed been a...
Important Caption : By examining the gold chart, we can see that the price faced selling pressure after entering the supply range of $2212 to $2222 and was able to fall to $2202. After the price reached this level, it faced demand pressure and was able to It grew up to $2236 and recorded a new ATH and finally closed at $2233 on the last trading day of last week!...
Gold prices soared to unprecedented levels, peaking at $2,265, but now face a minor correction ahead of a data-packed week in the US. After a robust bullish rally, gold may finally pause for a correction before potentially resuming its upward trajectory. Investors are eyeing a possible reversal to the 50% Fibonacci level as a key indicator to watch. Market...
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 and we continue to trade within a fractal high and low. As mentioned on 22/03/2024, Intraday expectation was for price to react H4 POI to then target fractal high, which price did,...
Hello traders, I want share with you my opinion about Gold. A not long time ago price started to decline in a downward channel, where it first reached the resistance line and then rebounded down to the buyer zone, which coincided with the 2160 support level. After this, the price bounced up from this area to the resistance line of the channel, but in a short time,...
Gold price completes the ABC pattern. Wave C (expect more selling pressure) Subdivision= 5 waves impulse Target = $ 1932 Invalidation level = $ 2125 I will be watching $ 2098 ($ 2125) before buying more!
Discover an enticing Buying opportunity in GOLD as it undergoes a critical retest of a key resistance area. With market analysis, technical indicators, and price action as your allies, evaluate the potential upside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics. BUY NOW
Gold's reaction to its own resistance range In case of failure, the next target area will be activated!
Preferred direction: BUY Comment: The situation with the New Zealand dollar is as similar as possible to the situation with AUDUSD . The mid-term buy priority is very strong, and we are considering growth towards the levels of 0.60700 and 0.61000 . Most likely, there will be a renewal of the local minimum at the level of 0.59500 , but this will not in...