By re-examining the gold chart in the daily time frame, we see that after re-entering the $2040 channel, the price was able to grow to around $2050 and then correct it again to $2040 within a few minutes! After the price reached $2040 again, it faced buying pressure, and it is interesting to know that POC LINE is exactly on the price of $2040 and acts as a...
Today Gold will fall in nfp then rise from 2040 So my point view Gold can buy 2040 To 2040 So Gold frist sell then buy Always follow the trend
The Federal Reserve's interest rate decision early last night triggered violent fluctuations in the gold market. The price of gold showed a wide range of fluctuations. The lowest reached the support level of the 2030 trend line and stabilized. The current upward trend remains intact, and the bulls are still in the advantageous stage, so I think You can buy, and...
We see the gold chart in the 1-hour time frame. With the growth that gold experienced yesterday, it was able to test all important supply areas. At the moment, it has a neutral trend where it is, it is likely to grow and collect the liquidity behind the supply area and drop it to the 15-minute demand level that I drew on the chart. Supply area...
The xau market is on a bullish momentum and just as the analysis indicates, we're going bullish to the 70's before a retracement and then a continued buy. It is sef that we could break the highest highs of the xau market, updates on the analysis would be published as the market moves BOOST🚀, COMMENT 📑 AND FOLLOW 🏷 FOR MORE HELPFUL ANALYSIS 👍......
Hello traders ,what do you think about GOLD?NFP data will be released today. Gold is still involved in the resistance of the 2060 zone in the lower time frame, which is expected to break through the news and grow up to the 2080 resistance zone. And after hitting the resistance zone of 2080, expect gold to fall to the specified level If this post was useful to...
GOLD both technically and fundamentally, on the background of high interest, may continue its growth. There is strong news ahead, which may affect in different ways, as it is impossible to determine in advance what will happen. But, on the back of increased jobless claims, NonFarmPayrolls could be negative for January Reasons for further upside: 1) NFP, based on...
Gold is now moving on $2054 - $2056 area. Technically, $2070- $2072 is the Ultimate Top's , as Selling on such Bullish s is not advisable if the our ultimate top is broken. yesterday the numbers was in favors of Gold however the bullish cycle was not expected but 73% of total numbers of traders were in Bull run however price action was just sudden dropped...
Hello friends I think that after the news of New York today, the price will move towards crossing the price of 2065 and probably a rapid return. Take care of your capital good luck
Non-Pay Form | Gold Expected to be drop Hey Traders .. Welcome back ! Todays after 2 hours Big news going to happen We Structured data from past history gold expected to move 50 pips above then probably hit the targets and touched our trend line which were seen in charts we are waiting for break out of support 2051-2050.00 then next point at...
Following the two day price surge after the Fed kept the Interest Rates unchanged and communicated their intensions of being in no rush to cut rates, we believe it would be beneficial to look Gold (XAUUSD) from a long-term perspective again and in doing so, we are updating our December 27 2023 (see chart below) comparison between the 3 Cycle Tops since August...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Exp FIAT as an Corrective Pattern in Short Time Frame and Rejection from Upper Trend Line. Completed " AB - 12345 " Impulsive Waves and Corrective Waves. Consolidation Phase in Short Time Frame with Strong Divergence in RSI
Dear Colleagues, the price confidently continued its upward movement, but bounced from the resistance area of 2065. I believe that this is the top of the last impulse, which means that now the price is in correction, which will reach the area of 50% Fibonacci level 2048. But all my thoughts are on a long position into the 2078 resistance area. Manage your...
NFP news is about to hit. Expecting negative effect for USD. So XAUUSD UP
My views of Inflation: In essence, the inverse correlation between gold and real rates persists, I anticipate a transition from QT to QE by the Fed come May, and subsequent rate adjustments in 2024, propelling Gold towards my $2300-$2400 target. My projection is underpinned by my forecast in the deceleration of inflation, evidenced by the significant...
This analysis is a prediction. It is also possible for gold to fall to the range of 2030. Stick to your analysis and decision. Today we have important news for the USD. Take care of your capital
Hello traders, The trendlines and crucial horizontal levels are prominently displayed on the chart. Following the recent break of both the daily and 4-hour trendlines, in case of a potential reversal, which could present a buying opportunity. Stay tuned for updates. Best regards,
It has been a tough week for OANDA:XAUUSD traders with very choppy price action. In this video, I try to see the forest from the trees I try to figure out what Gold could do next.