Gold costs spent the primary 3 days of the week ranging between $2,030 and $2,040, with a weekend breakout acting to bolster to new highs. I checked out gold costs on Wednesday, simply earlier than Core PCE become discovered, and at that time, there has been a bullish flag forming from a bearish channel in an uptrend. The fashion strengthens to $2,050 in its 5th...
Hello, dear friends! Let's review last week's gold prices and discuss a new strategy for the upcoming week with me ! At the start of the week, gold prices were relatively subdued, mostly moving sideways around the $2030 mark with resistance at $2035. However, towards the end of the week, gold gained significant buying momentum, breaking through several key...
– Previous Weekly candle closed extremely Bullish above recent Weekly Resistances, Friday Daily candle also closed strong Bullish around 2082.900. I’ll be looking for potential Buys above 2088.500 targeting Asian session open formed back on 4th December 2023 around 2096.000 and the Pre Asian session formed on 4th December 2023 aswell around 2110.000. I’ll be...
good evening gold gang .. we are back for another week and an attack on all time highs! A massive expansion on friday means we are sat very high up near ATH with not much data to go off .. so we need to wait for some structure to form i will need price to come down to the 2050 before i can buy back in to take it up to the highs. Selling ill need that 4h to...
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
The EUR/USD exchange rate continues to fluctuate within its daily range above the level of 1.0800 during Friday's American session. Economic data from the United States shows that the ISM Manufacturing PMI decreased more than expected in February, making it difficult for the US dollar to gain momentum. Nonetheless, the EUR/USD has found support around 1.0800 but...
Seeing a downward channel so expecting further bearish bias from here. Fundamentals seem to be supporting this too, with cease fire talks in middle east, and I'm expecting continued strength from the dollar this week, supported by the fundamentals news on Thursday and Friday. We're posting HH and HL formation and expect this to continue through this week.
Hello,Traders! GOLD surged up rapidly Gaining almost 3% in 1 day So Gold is clearly locally oversold So we think that the bearish correction From the horizontal resistance Of 2088$ is quite likely Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
We continued to see that bull strength throughout the week. If the daily timeframe trend stays true, we will see price break the all-time high eventually but it is not resistance free rallying. We just tapped into a supply zone that caused a meltdown of 5%. Therefore, this psychological level will probably see some fighting between bulls and bears before it is...
we made almost 730 pips from our area on gold by 2-3 positions a day on NEWYORk session last week. gold make an uptrend move from 2045 to 2085 on friday know we have some plan to trade gold this week. we trade on newyork session by our new area and i wish more profit from last week. "Using the data we get from the gold weekly chart and my special calculation...
We make 200 pips from 3 position on gold with our area
Gold gathered bullish momentum in the second half of the day on Friday and reached its highest level since early January above $2,070. The benchmark 10-year US Treasury bond yield is down 1% at 4.2%, fueling XAU/USD's rally ahead of the weekend.
Gold price (XAU/USD) ticks lower following an intraday uptick back closer to a one-month top touched the previous day and slides closer to the $2,042-2,040 resistance break point during the early European session on Friday. Growing acceptance that the Federal Reserve (Fed) will wait until the June policy meeting before lowering borrowing costs remains supportive...
Dear Colleagues, price made a strong upward movement last week, and now I suppose that price could make a new high, but the main direction of the forecast is a corrective movement to the area of 50% Fibonacci level 2060. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Given the extension of the move on late Friday. We can assume that there is plenty of buying power in this pair. Possibly an exit of short positions as well. For the opening this evening, we need to look at price action and reaction of certain levels. There is a high chance of new sells coming in, as well as for buys coming in out of FOMO. So this leaves place...
📣GOLD Weekly Prediction ➡️Gold Has made a Stronger upside 🔼 move because of Strong Data🆕🆕 & a North Korean military equipment to Ukraine.🔥 🔍Now Gold Has Support zone Around 2069 - 66, Initially Gold will Fall🔽 towards Support zone & if Holds then upside 🔼2093 - 98 could be seen. I expect that Gold will test 2070 & 2052 Sharply .
Obviously the market is pricing in the new expectations and will probably see some more selling pressure in the near term. However, I think we will see some buying pressure at key levels since it's attractive for many institutions at this price. The long term price target remains high but maybe it's gonna take a bit longer t get there. I see this recent selloff...
Hello friends We see the chart of Gold be assumed the chart in diametric waves ( every wave confirmed 3 wave to touch the goal) so I expected the gold get this way to 2285$ .