💥Gold prices (XAU/USD) rose sharply on Monday. A softer US dollar (USD) and renewed escalating geopolitical tensions in the Middle East provide some support for gold. In the long term, the precious metal could be supported by growing gold demand from central banks. However, lower bets on a Federal Reserve (Fed) interest rate cut this year and a hawkish stance from...
Preferred direction: BUY Comment: A long with little potential can be considered for silver in the next 1-2 days . Let us remember that earlier we also considered purchases near the level of 30.50-31.00. These trades were closed with profit and can be viewed in the profile. Just like with currency pairs, here we are considering a small potential for...
💥The gold market is being greatly affected by the Fed's policy stance on the length of time it takes to cut interest rates. Experts say that US inflation reports are still not as expected. Thereby, the timing of the Fed's interest rate cut is unclear. 💥Gold's recovery over the past several months has been largely driven by central bank buying, especially demand...
Currently, gold is on a strong recovery path, reaching 2,354 USD, about 15 USD higher than the same time yesterday. This upward momentum is supported by the weakness of the US dollar. The DXY index fell nearly 0.1% from 104,747 to around 104.64 points, creating favorable conditions for this precious metal. In the short term, gold's target remains the 0.5 - 0.618...
Hello everyone! Let's dive into the gold price movements today! Currently, gold is on a strong recovery path, reaching $2,354, which is about $15 higher than the same time yesterday. This upward momentum is supported by the weakening of the US dollar. The DXY index has dropped nearly 0.1% from 104.747 to around 104.64 points, creating favorable conditions for...
Hi friend. Bulls just formed powerful accumulation zone "1" and we have upward trend to 2364, 2372. Follow me. And read previous idea.
Hello my friends Cardano is getting squeezed to start a new move up. The red lines indicate the range of the daily price range According to the chart, I am looking for a suitable setup for a long position in the specified range The confirmation will be done in 15 minutes This post will be updated, please let me know what you think about it
Hello traders as per yesterday trade our gold target hit in take profits! Today I am seeing the bullish momentum in gold and a good buy will come from 2344 area from a good support and my target is 150+ pips let's make some cash together!
GOLD nowadays is going for walks above the 235x zone. With this rhythm, on body D1, I see that the candles are going for walks absolutely above the MA. In addition, as on Zoom final night, I additionally stated that Gold will without difficulty react barely with the parallel resistance location at 2356>2360. >If at this Beat Gold will increase strongly thru this...
Dear traders! World gold prices tend to increase with spot gold increasing by 2.4 USD compared to last week's closing level to 2,335.7 USD/ounce. Last week, world gold prices continuously "plunged" after breaking all the records conquered in April. Kitco News's latest weekly gold survey results showed that more than three-quarters of experts believe gold prices...
In the Asian market on May 22, spot gold suddenly dropped in the short term but did not affect the main trend. Gold price fell sharply from the highest level of the session as of the time this article was completed, which was 2,426 USD/oz, and set a new intraday low at 2,412 USD/oz. OANDA:XAUUSD fell from record highs earlier this week as the Federal Reserve...
DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 28 May 2024 BUY LIMIT Order: $2342.32 Stop Loss: $2332.04 Take Profit 1: $2352.36 Take Profit 2: $2365.71 Risk per trade: 0.5%. MT4/5 trade expiration: Today 100% mechanical strategy, zero analysis, zero...
The Gold (XAU/USD) is rising towards the pivot which has been identified as an overlap resistance and could potentially reverse to the 1st support. Pivot: 2,372.52 1st Support: 2,325.45 1st Resistance: 2,397.30 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading...
By diving into the #Tesla stock chart, we can observe that the price has reached a critical supply zone. The pattern emerging on the chart suggests that a significant downturn in Tesla's stock could be imminent. However, keep an eye on the crucial resistance at $199—if the price breaks and holds above this level, it would invalidate this bearish outlook. Should...
Gold is neutral on its 1D technical outlook (RSI = 50.016, MACD = 12.800, ADX = 25.902) as it completed today the second green 1D candle in a row. We don't think that the current bearish wave of the 1 month Channel Up has bottomed yet, since the HL trendline is a little lower around 2,315. We are prepared to buy after the 1D RSI crosses over its MA trendline and...
www.tradingview.com gold is currently trending within an ascending triangle approaching the 2354 resistance level. should it break through the 2354 maek the asset may be driven to retest the 2387 level
Hey Everyone, Great start to the week with our chart idea playing out, as analysed hitting our open bullish target at 2350. We were able to trail this to 2358 for a nice catch. We are now seeing ema5 lock above 2350 opening 2365 and 2378. 2365 will need a ema5 cross to further confirm the 2378 gap. We now have gaps above and a retracement range below that has...
Today, gold once again tested Friday's US market high near 2347 and continued to fall. It did not continue to sprint to the 2350-2355 area. Gold is still in the low-level shock repair stage. Moreover, there is some lack of strength during the rebound. Based on the current situation, gold may have to trade time for space. Gold's rebound failed to break through the...