Gold (XAU/USD) is rising towards a potential breakout level and could break through this level to climb higher. Buy entry is at 2,037.79 which is a potential breakout level. Stop loss is at 2,022.00 which is a level that lies underneath a pullback support and the 23.6% Fibonacci retracement level. Take profit is at 2,056.05 which is a multi-swing-high...
Hello dear colleagues, what do you think today's closing price for gold will be? Last night, gold dipped despite a significant drop in the USD. Normally, a weaker USD supports a rise in gold prices. However, the last session defied market norms with the USD decline attributed to forecasts showing a drop in U.S. durable goods orders from 0% last month to -4.7% for...
Are you in shorts? This is the last chance to enter before the big drop. We've been buying and selling every price impulse so far. This is the big one we've been waiting for. Annotations are on the chart above. As always, if you appreciate this analysis give me a boost and visit the institutes website. Analysis will be posted there first going forward! OANDA:XAUUSD
– Tuesday Daily candle close weak Bearish rejecting the upside and respecting recent Daily Resistance. I’ll be looking for potential Buys above 2038.100 targeting previous Weekly Support formed on 8th January 2024 around 2045.400 and 1h previous Support formed on 2nd February 2024 around 2052.500. I’ll be looking for potential Sells below 2027.500 targeting 1h...
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Whats up gang!!! another profitable day but wowwww was it boring .. price stuck the range again .. we need a breakout soon! Price levels same as yesterday as we didnt move today at all .. hoping to get to one of the major zones here for a buy or a sell .. not bothered which at this point lol hit the like if you got in with us today! catch you in london tommy
hello guys , i think xauusd is bearish the market structure on high time frames is brearish todays candle closed as an inverted hammer tommorow will probably be a red candle add to that the price formed a double top pattern the break out of the trendline + key level will cause a price to make a lower low lower then 1980 . DXY has a massive inverted head and...
Hey Everyone, Yesterday we stated that Ema5 has locked below 2030 leaving the swing range now open but ultimately we are looking for the 2036 retest again with a cross and lock to open the range above. - This played out once again with the bounce from the retracement range into 2036. We also now have ema5 cross and lock above 2036 opening the range above....
Hello dear friends, Yesterday, the gold market experienced a rather calm trading day with no significant fluctuations. The price of gold remains stable around $2033 and maintains support above $2025. Looking at the short and medium-term trends, there is a positive outlook for gold continuing its upward trajectory. Based on recent charts, there are two main...
Hello,Traders! GOLD is trading along the Rising support line and The price will soon retest It and after that we will Be expecting a local Bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
2027 local reference level seems to be holding up atm- Now Long on the possibilty of a rebound from the level. Heed your DD!
Hello Traders, I'm excited to share some insights on XAU/USD: The bearish channel has been successfully broken, and a new bullish trend has emerged. While the new bullish channel appears relatively narrow, it's important to remember that breaks above or below it may not necessarily indicate a change in trend direction. Here's our strategy: Keep a close eye on...
Hello friend's. This Way for Gold . Go correction wave to 1996 and so going to reach 2109 $
i'm still 'BEARISH' with GOLD. will see the choppy market price till mid month on march. i'll do some short position everyday to avoid the choppy price and stop hunt. Good luck for all.
Weekly: Bearish, Rejection from major weekly resistance 198.550, Failed retest of Head and shoulders pattern price closed above the right shoulder, recently mitigated ob 1.98550, Made a Double bottom pattern at daily supply zone 1.86550, Unmitigated ob at 1.87625, Bearish rejection candle at daily resistance 1.94750, Bullish choch Daily: Consolidation, Inverse...
Gold prices lost ground on Monday following a strong performance last Friday, pressured by rising U.S. Treasury yields - a situation that generally diminishes the appeal of the non-interest-bearing asset relative to fixed-income securities. In this context, XAU/USD finished the session around $2,0Forecasts suggest January's core PCE increased 0.4%...
Looking at the one-hour market, gold prices are currently running above the moving average support of 2025, while the retracement is hovering around the 2031 line. The short-term retracement trend remains unchanged! As far as the technical form is concerned, I personally think that the adjustments have been made, and now is an excellent time for a long-term...
My dear friends, Please, find my technical outlook for GOLD below: The price is coiling around a solid key level - 2034.9 Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 2020.8 Safe Stop Loss - 2041.9 About Used Indicators: The...