The geopolitical outcome is still a topic that the market cannot avoid. Now the Middle East may expand the scale of confrontation, which will greatly affect the stability of the financial market. In the market, pay attention to the weekly unemployment claims data in the United States on Thursday and the initial value of the Purchasing Managers' Index (PMI) on...
OANDA:XAUUSD recovered after falling to $2,300/ounce and rebounded to operate around $2,330/ounce. The yield on 10-year US Treasury bonds remained below 4.3% after the latest US data, helping gold prices rise on demand after the US Dollar weakened. OANDA:XAUUSD rose Tuesday after U.S. economic data showed a weaker-than-expected retail sales report led to...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
ABCD Fibonacci pattern identified at 6/20 19:00. This pattern is still in the process of forming. Possible bearish price movement towards target levels ranging from 2,345.29 to 2,318.09 within the next 8 hours. Expiry Date/Time: 6/21 03:11
To Sell or Not to Sell! ---------------------------- Gold remains in a precarious position, currently hovering at a support level. This has led to short bursts of rallies, but these are likely to be short-lived, occurring within a bear market territory that remains unbroken. Despite buyers demonstrating courage in the face of adversity, much more effort is...
Use at your own risk. this is my trading plan. every details I marked with chart properly and can understand everyone enter with confirmation. will update you guys
Since the beginning of the week, the DXY has been giving us a correction after last week's impulse move. The market has already broken above the correction area, which was a downtrend in the smaller timeframes. Therefore, I'm expecting the DXY to continue pushing up further, as it has been respecting the setups from my previous analysis. This means the DXY will...
Gold hovered around $2,330 per ounce mark on Thursday, as sluggish US economic performance heightened expectations that the Federal Reserve might reduce interest rates this year. Tuesday’s data showed that US retail sales barely rose, signaling cooling consumer sentiment. This, along with recent labor market and price data suggesting easing pressures, prompted the...
Let's see what the market has to offer. Disclaimer: This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
I see a repeat of March 2020 happening but with birdflu (check out my silver miners AMEX:SILJ thread where the fractal looks better). Within 5 months, miners had a 42% gain, but within that time period there were 2 huge drops and 3 huge gains: 1. $46-$20 (56% loss) in 2 weeks (June-July) 2. $20-$40 (100% gain) in 4 weeks (July-August) 3. $40-$50 (25% gain) in...
XAUUSD H2 Here is XAUUSD update on the H2, we were previously targeting 2325/oz and then 2335/oz. With further targets pushing towards that 2350/oz price. We are looking at pulling towards the previous area of resistance, which we now anticipate to act as support, priced 2320/oz. Targets remain at around 2350/oz and then 2360/oz subsequently. Not much in the...
i expect price to rise up about 150pips since it has a purpose to fill an imbalance o H4 time frame.
In Gold XAUUSD, Falling Wedge Pattern formed and Breakout. So Target is $2440. And also consider a Wolf Wave Pattern. I want to help people Make Profit all over the "World".
XAU/USD is moving sideways and trading around 2,322 USD/ounce. According to senior market analyst Jim Wyckoff of Kitco Metals, gold prices fluctuate when influenced by external factors due to a lack of important new fundamental news. In this context, Wyckoff predicts, prices will likely move sideways about 2,300 - 2,400 USD/ounce for the next important catalyst...
Gold prices at the beginning of the week yesterday fell slightly as they were affected by the recovery of the USD and rising bond yields, while investors looked forward to economic data and comments from US Federal Reserve officials. (Fed) to know more about the roadmap to cut interest rates. In this context, it is forecasted that gold price may move sideways in...
Despite closing the last shorts in profit, the price has not moved as anticipated for the number of trading sessions since the trades were opened. The activity at these levels should have indicated profit-taking, but it seems (new) buyers are still interested in higher prices currently. Heed your DD!
OANDA:XAUUSD Fractals Market Algorithm 📈Buy Limit 2314.60 ❌ Stop 55 pip ✅Target1 : 55 Pip ✅Target2 : 74 Pip ✅Target3 : 102 Pip ✅Target3 : 165 Pip
Gold moving inside a channel atm. Buying and selling intraday is preferable. Depending on wich side gold breaks out(Only with proper cinfirmation) We follow that route. After breakout we might expect a big move ahead. Bullish target 2355. Bearish target 2288 Resistance: 2332, 2340, 2347,2354 Support: 2321, 2315, 2395, 2387