Gold struggles to stage a rebound following Monday's sharp decline but manages to hold above $2,300. The benchmark 10-year US Treasury bond yield stays in the green above 4.6% ahead of US data, not allowing XAU/USD to gain traction. Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around...
After the release of the US GDP figures for the first quarter of 2024, the gold market experienced a strong price surge, surpassing the $2,330 threshold, paving the way for recovery. Currently, the price of gold is stable around $2,335, with short-term forecasts still optimistic towards buying pressure. Prospects are aimed at the psychological milestone of...
GOLD presently has symptoms and symptoms of the moon returning to be pretty strong. With today`s buying and selling rhythm, I will purchase in keeping with the fashion from M5>H1. And Canh Sell Theo resists and Rsi, everyone >Gold Currently Everyone Watches Gold Following Resistance on the Should and Rsi Over Buy. This Gold Selling Rhythm Everyone can watch the...
Today can really be considered a bumper harvest. I participated in 9 long and short short-term transactions during the day. Only two of the transactions totaled a loss of $585. The other transactions were basically all profits after hitting the TP.As of today, the net profit has exceeded $27K. It can be said to be a very good trading result and has greatly...
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 26 April 2024 BUY LIMIT Order: $2320.27 Stop Loss: $2304.78 Take Profit 1: $2335.51 Take Profit 2: $2355.78 Risk per trade: 0.5%. MT4/5 trade expiration: Today 100% mechanical strategy, zero analysis, zero...
Natural Gas | Oil, Silver, DXY Gold Price Forecast
The international gold price continued the downward trend of the previous two days and is currently testing the 2310 support level. Yesterday, the gold price once fell below the 2300 mark, but it rebounded under the stimulation of weaker than expected PMI data. After closing in the red for two consecutive trading days, spot gold came under further pressure during...
FX:XAUUSD is forming a sideways range and continues to test a strong resistance area. Bulls and bears continue to fight and still cannot share a strong area. Possible shake-up. Gold is in the active phase of the correction, which started as early as last Friday and we were ready for it. The price is already down 5.7% from the high and most likely this is not...
Esteemed analysts and traders, I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own...
Hey Everyone, Please see our 4H chart update from Sunday with just our swing range updated. We had our Bullish target hit at 2389 start of the week followed with no ema5 lock above, confirming the rejection into the bearish target. Bearish target at 2354 was hit followed with a cross and lock below this level opening the retracement range at 2326, which was hit...
During the day I trade from these levels. The history of level development can be seen in my previous posts. They cannot be edited or deleted. Levels are drawn before the European session, based on volumes. Used as interest levels for intraday trading. When returning to the level, a “reaction” is expected, which can be traded both for a rebound from the level and...
Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate....
Today is Wednesday April 24, 2024. Its 7:00pm EST and here is the daily projection for tomorrow. Further upside expected on gold after downside retracement.
Today, I went long gold at 2310 and 2305 respectively and made a very good profit. Gold is currently trading around 2329. Judging from the recent trend of gold, gold has repeatedly touched the 2305 position area and quickly recovered, and this area happens to be the dividing line of the upward trend, indicating that although the bullish momentum has weakened...
SELL SETUP IN XAUUSD after the break bullish channel the price in correction till 70 fibo level i expect the price go down till The beginning of the upward trend. this is just my idea share your opinion with me guys.
My dear subscribers, This is my opinion on the GOLD next move: The instrument tests an important psychological level 2340.9 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 2369.0 My Stop Loss - 2325.2 About Used Indicators: On the...
We made almost 200 pips from two position on our golden area ❤️👌
#Gold Once again yellow metal is showing very clear divergence and the same being confirmed from the momentum indicator as well (RSI). Double bottom also printed and now the script is trading at it's critical support. If it's break neckline then we are bullish and therefore we have place Buy Stop Order at those level with very clear SL & TP. #NFA (Non Financial...