Gold (XAUUSD) is seeing strong selling this week following Monday's High, which was also an All Time High (ATH). The rejection took place very close to the Higher Highs trend-line that started back in early 2023. So far this is just a technical pull-back to test the 1D MA50 (blue trend-line) for the first time since February 29, and not a stronger correction....
Hello everyone, DEEKOP is ready to bring the most accurate signals and assessments to everyone. Financial freedom is true freedom. Yesterday the Fed meeting with its published content showed - The data shows that commodity prices have increased significantly recently, which indicates that inflation is increasing. - Fed says inflation may take longer to fall -...
XAUUSD has seen a big fall in last two days from a upper level of 2450 to 2328 almost 1220 pips and there is no rational reason for this fall instead lot of looming geopolitical us market related financial revelations are moving market. currently we see a few up trends from two layer entry level : 2329 entry level 2 : 2312 major tp and resistance points 2344...
XAUUSD probably reached wave (B)(Green) and price may surging up to 2500 +/- as "roller coaster" sentiment from uncertain rate cut by Sept by The FED.
GOLD (XAUUSD) Analysis. Quite interesting H4 Chart: Could be a good opportunity for catching a retracement. Lots to consider. - Reversal to the downside crossing the MA on its way down. - BB Lower band reached. - RSI in oversold area and beginning to show bullish signals. - 2,325 USD/oz could act as a strong support at the moment. Target level at near 61.8 Fibo...
GOLD smashed my take profits and we made it again. The price dropped hard and fast as i was expecting, and actually is showing us a bullish setup (and everyone is shorting now). I think today we will see an upside move on XAUUSD till the resistance area at 2378
We can expect a bullish move from this zone. If we break the imbalance there is a strong chance that gold will make a new High.
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 2370, which is an overlap resistance close to 38.2% Fibo retracement Our take profit will be at 2306, an overlap support level. The stop loss will be placed at 2431, an overlap resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a...
China’s gold buying surge has driven prices to record highs above $2,400 per ounce. Amid global uncertainties like the Ukraine invasion and the Gaza conflict, Chinese investors have flocked to gold as traditional investments falter. This trend is supported by retail buyers like Xena Lin, who purchase affordable gold "beans," and institutional investors including...
XAUUSD price was able to break through the support level of 2338, so we think it is still in the downtrend and the price still has a chance to test the next support zone at 2302-2279. If the price cannot break through the level of 2279, we expect there is a chance. The price will rebound. Consider buying a red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never...
The USD index in yesterday`s consultation became to upward push above the 105.00 threshold, displaying that the healing of the USD is gaining momentum. Therefore, in modern consultation it's miles predicted that the uptrend can be maintained. This is probably one of the reasons why gold has dropped sharply in recent days. Personally, I am concerned that there is...
Gold had a strong decline yesterday, creating bar D1 with a wide range and closing close to the bottom, showing strong selling pressure during the day. This down day officially closed below bar D1, creating a bearish pinbar that formed a false break above, thus confirming this false break. This is a technical factor that can cause Gold D1 to slow down and keep...
The gold marketplace is being substantially stricken by the Fed`s coverage stance at the duration of time it takes to reduce hobby rates. Experts say that US inflation reviews are nevertheless now no longer as anticipated. Thereby, the timing of the Fed's hobby fee reduce is unclear. According to the Wall Street Journal, gold's restoration during the last...
After only 2 consecutive falling sessions, world gold price (XAU/USD) has dropped more than 100 USD if calculated from the high on May 22. Since the historic peak of 2,450 USD, XAU/USD has dropped more than 120 USD in just 4 sessions. Gold has been at a disadvantage since Wednesday's hawkish FOMC meeting minutes. Just yesterday, preliminary PMI data were released...
Gold (XAU/USD) has just reacted off the pivot which has been identified as an overlap support and could potentially rise to the 1st resistance. Pivot: 2,328.50 1st Support: 2,287.12 1st Resistance: 2,373.25 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 examining gold in the 1-hour time frame, we can see that the price experienced a heavy drop after yesterday's analysis, which was due to the fact that the Federal Reserve announced that the interest rate will remain high for a longer period of time! Currently, gold is trading in the range of $2367 and there are very important supply zones in front of it!...
Hello traders! I am loogin a good buy area from 2328 and my target is 2345 let's make this trade turns into profitsss!
Gold continues to fall sharply today. In recent days, we have basically maintained a short trading rhythm, so the profits we have made recently are still very good. Today we shorted gold near the 2368 position and successfully hit TP: 2357; just now we went long gold near the 2342 position and successfully hit TP: 2350 during the rebound of gold. Today, both the...