Hi folks today I'm prepared for you Gold analytics. Some days ago price rebounded from the trend line, which is the resistance line of the downward channel also, and started to decline to support 2, which coincided with the support zone. But when it reached this zone, it rebounded up to 2060 points, but soon turned around and declined to support line of the...
Hi friends According to the Fibonacci structure, the next gold target is probably the level of 1.618, which is limited by the price of 2076.
HELLO TRADERS GOLD had done a beautiful move as we analysis in our previous GOLD IDEA.... it attached in comments friends I can see the Gold is now tested a very strong resistance zone which is horizontal level it's a 3 test and can be a weaker supply zone now, but we take low risk and looking for higher rewards trades this can be a sniper entry because of NFP...
By examining the gold chart in the 4-hour time frame, we can see that gold, after growing from $2028 to $2050, was accompanied by a price correction, and to fill the liquidity gap, it corrected even up to $2039! According to the movement of the price, I think we should see the growth of gold up to $2052 as the first target! Important supply levels are $2052 to...
GOLD XAUUSD has confirmed a multi-year breakout on weekly timeframe. It has been in consolidation mode since 2020 and last weekly candle is the first candle that closed above the big resistance as can be seen on charts. MA's also are aligned; this definitely looks like its going up 20% in coming months.
As per previous chart history and technical analysis, a buying opportunity has been seen in GOLD. You can buy this golden metal at above 2029 with a stop loss below 2019 @2017 This is not an investment advice, do your own research before entering into any trade setup in Gold as market is more volatile before dump and it may wash all your equity Thanks for your...
World gold price stood at 2,032 USD/ounce, equivalent to the price at the same time yesterday morning. Gold prices increased slightly and then decreased when the market received mixed economic information. Specifically, negative information comes from the Conference Board survey results published on February 27 showing that the US consumer confidence index...
Price broke out of my counter trend line around 2037. Trying to respect a major trend line around 2047. Nothing strange haha...just anticipating a retest to where the breakout occurred. Manage risk!!! EIGHTCAP:XAUUSD
Never have i ever though id trade Gold so here we are! After analyzing the previous week for Gold, Gold was still in a strong bullish market. With this information, heading into the first day of the week, would be the beginning of a good one! Gold formed a new higher high indicating a continuation of a strong bullish market, then later retracing to form a...
I think gold has a record-breaking goal of $2,200 and even $2,400!!! Even the goal of 3000 dollars is within a year and a half !! Currently, the gold price is 2,085 dollars and it is in a wave that, due to technical, fundamental and political reasons, it can once again break the historical record of the gold price, which is currently 2,145, and touch the target...
Gold has seen bullish momentum over the past few days and has succeeded to test and break all technical aspects of charting. Today's spike was significant because of how dominant it was and it shows that the big money was buying gold at a discounted price and they expect huge momentum to the upside. The institutions are majority long on gold as they have been for...
Gold / XAUUSD has had the strongest 1D green candle today since December 13 2023 and is approaching the top of the 3 month Channel Up. That is a sell opportunity especially with the 1D RSI entering the overbought region. That has formed the Highs of October 27th and December 1st 2023, which declined by -4.03% and -4.93% respectively. The maximum decline inside...
Last night, with the support of initial jobless claims, the price of gold took advantage of the trend and broke through the triangle shock range and the previous high pressure level of 2041. The price of gold has found a new space for the bulls! The day-to-day operation idea is very simple, just go back to the key support level of 2041 and buy near it! Yesterday,...
HELLO TRADERS As we can see GOLD has tested 1985 zone and now again trading above 2022 zone today FOMC meeting Show FED is not in hurry to cut the rate they are Staying on the same rates which will not the Dollar more so investors always choose safe haven in these type of conditions geopolitical issues we aim for retest 2088 a strong resistance lets see what...
FX:XAUUSD is breaking through strong resistance and testing the 2050 area, favorably influenced by the fundamental background from Thursday. The market is trying to move into a bullish phase, but globally the price is held back by a huge sideways flat. Idea from 29.02: GOLD → Consolidation is narrowing. The calm before the storm On H4 we see the price...
Gold continues its struggle to find significant momentum in Wednesday's trading session, remaining confined within a multi-day trading range. Despite reaching the 2024.70 level, the presence of the 200 moving average and the 61.8% Fibonacci level on the hourly timeframe suggests a potential reversal. Additionally, the RSI touching oversold territory hints at a new...
Gold prices rallied as traders pushed the market higher, rebounding from a slight dip the previous day. Despite concerns about geopolitical tensions in the Middle East, the precious metal remained within striking distance of a two-week high reached last Thursday. The US Dollar continued to weaken, influenced by declining US Treasury bond yields, which acted as a...
📈 Gold has finally broken its downward trend line and shown a strong growth! 🌟 🔮 Now we await a correction, which could happen around the key resistance zone of 2086 - 2094! 🛡️ This is the last major resistance for gold, and if it fails to surpass this level and confirms a downward move, I expect our short-term targets to be 2062 - 2040, and our mid-term target...