Hello guys! After this crazy week in gold, this is my idea on the current short term outlook. It seems to be forming some sort of bullish ascending triangle for the last few months. Each buying phase has accumulated about a 10% gain only to lose about 50% of this gain in a correction. This doesn't have to happen again but considering the size of the move in such...
EURAUD is setting up really nicely for a big 650pip move to complete subwave c of Wave B. We are currently in what appears to be a Flat correction = 335 breakdown. Trade idea: - Watch for price to come into the buy zone - look for reversal signs and put your confirmations in such as BOS or trendline break - enter once confirmed - Targets: 1.68 (450pips), 1.7...
Gold’s recent rally accelerated last Friday, driven higher by weak US economic data, and the rally back towards a new all-time high has continued this week with the precious metal posting a $2,141.8/oz. peak yesterday. This left gold just $3 short of printing a new ATH. The technical outlook for gold remains positive and suggests that the precious metal will...
HELLO TRADERS As I can see GOLD is now trading ATH tested 2194$ I am expected a reversal from this zone till design TP Friends DXY already has reached @ Stong Support Zone on Friday and holding above support levels NFP data show a strong number on Friday this week CPI and Inflation Data can move $ Friends it's Just and trade idea with a very small risk & reward...
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the GOLD pair price action which suggests a high likelihood of a coming move down. ❤️ Please, support our work with like & comment! ❤️
Gold broke its down trend at 1680 and It was a great opportunity for longing and now we heading to 1815 XAU continues to push higher and trades above $1,770 for the first time in nearly three months on Friday. The US Dollar stays under heavy bearish pressure as investors cheer the soft US inflation report and heightened optimism about Chine easing coronavirus...
👉By examining the trend in the daily time frame, gold has crossed the barrier of the resistance range in the range of 2144-2126, and it seems that after the pullback, it will increase to the resistance of the ceiling of the ascending channel in the 200% Fibo range at $2305.
Today, despite the correction in the downward movement of the dollar index, gold continued its progress and created a new historical ceiling, it seems that an S pattern can be considered for the movement of gold in the four-hour time frame, which has met. Do you think the psychological resistance of 2200 can temporarily correct gold downwards?
FX:XAUUSD is in the bull run phase. The price growth is fueled not only by the breakout of consolidation, bullish trend, but also by the huge interest on the background of negative geopolitics, high inflation, but also by the fundamentally weakening dollar. The price is forming strong consolidations with subsequent growth without correction phases, which...
#XAUUSD The price of gold has been rising unilaterally for many days in a row, with almost no correction. Yesterday, the price of gold failed to break through 2165. With the news of wars between multiple countries and the continued stimulation of expectations of interest rate cuts. Gold still has room to rise. Observing the daily line, we find that gold has the...
Hello everyone, after several days of sharp rise, gold has reached around 2165 today. Today I helped everyone achieve a profit of 140pips, and I almost always brought you stable and safe trading profits. I think that after the gold correction, you can still choose to buy gold, and the current trend is still upward. Gold is expected to hit a new all-time high....
Gold Price: Current Pricing, Prices Chart & Rate Graph 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....
Hello traders ,what do you think about GOLD?Considering that the price is approaching the ceiling of the channel, it is expected that we will see a change in the trend in the specified zone and the beginning of a corrective movement up to the specified level. If this post was useful to you, do not forget to like and comment.❤️
The US Dollar Weakens, While Gold and Bitcoin Reach New Highs Ahead of NFP Report. In a speech before the Senate Banking Committee yesterday, Fed Chairman Jerome Powell hinted that interest rates may soon fall, saying, "If the economy performs as expected, the Fed is cautious about easing loosen monetary policy in the near future", and he also added: "The Fed is...
Gold continues to rise after Chairman Powell's first testimony Gold prices extended their upward momentum after Chairman Powell leaned toward the "dovish" side and reported a lower-than-expected JOLTS. During the March 6 session, gold prices maintained their upward momentum, supported when Fed Chairman Powell leaned towards the "dovish" side in his first...
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 2165 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 Target 2209 Give...
This week's outlook on gold is intriguing given its recent high volatility and activity, reaching all-time highs. With liquidity now absorbed to the upside, I anticipate a shift in price direction towards the downside. This could signify the exhaustion of bullish momentum and the formation of a Wyckoff distribution pattern. In response, I'll be observing for a...
Hey Everyone, Awesome finish to the week with our chart idea complete, hitting all our targets with a 100% hit rate for the week!! Yesterday we hit the 2153 and 2159 targets after ema5 lock confirmation above 2143 and was short of the final target at 2167. This target was hit today completing the week with a full house!!!!! BULLISH TARGETS 2125 - DONE EMA5...