Update to ytd's published idea. H1 target using Tuesday's high has been achieved. Taking lesser trades with better ROI works better and is less stressful in my opinion.
Gold experienced a volatile session on Wednesday, dropping to $2,354 in the US trading session. Despite the price decrease, there are signs of a mild recovery. Expectations are high for gold to surpass the $2,400 mark. Based on technical analysis, the price is gradually recovering and heading upwards. If the price continues to rise and surpasses the 60 level, it...
Today’s gold trading situation is as follows: 1.Xauusd: @2380.62 Sell, SL:2386 Loss: -$1614 2.Xauusd: @2388 Sell, TP:2372 Profit: +$ 9600 3.Xauusd: @2389.72 Sell, TP:2372 Profit: +$ 10632 To be honest, today gold first rebounded to 2392 and then started to fall, which caused our short position in the 2380-2382 area to touch SL: 2386. To...
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 19 April 2024 Trade Idea 1 SELL LIMIT Order: $2376.98 Stop Loss: $2393.11 Take Profit 1: $2361.09 Take Profit 2: $2352.45 Trade Idea 2 SELL LIMIT Order: $2380.73 Stop Loss: $2393.11 Take Profit 1:...
Natural Gas Price Forecast | Oil, US Dollar, Silver, Gold Analysis
Numbers one means buying smart money and numbers two means selling smart money Smart money buys and sells along the way Smart money has collected market orders by targeting the old valley and liquidity under the old candles and is expected to reach the upper region in the image for the last time.
Gold as trading at 2382 with a noteable resistance level observed at 2405 should gold breach this resistance traders may consider pursuing the following targets 2426 to 2445 Alternatively should a sell pattern maniface to indicating a potentail down turm traders may anticipate the following support levels the initail support rests at 2359 followed by potential...
Hey Everyone, Another great day on the chart today buying multiple dips inline with our chart idea. Yesterday after hitting our bullish target at 2389, we got the rejection, as no ema5 lock above this level. The rejection maintained support above 2349 Goldturn, allowing us to buy dips back to 2389 target. We will continue to see this level tested until broken...
In my post from yesterday, I mentioned my expectation for a new drop of 500 pips in $OANDA:XAUUSD. However, despite the price dropping by around 400 pips during intraday trading, my sell order placed just above the 2400 zone was not filled, resulting in me missing out on this drop (my target was hit but not my pending sell) Upon reviewing the chart, it's evident...
Hi guys, DXY braked out the ascending channel on 4H time frame and start to a correction. We want to buy it on 103.2-103.5 level to a bigger increasing movement than previous until 107-108. So be hold to reach position point. It moves in a big channel on weekly timeframe. We show you Entry point, TP & SL on chart. We glad to see your comment below. Be successes
Gold ultimately failed to break through to a new high last night and was still hindered by the resistance of the 2400 mark. After yesterday's pullback, the strength of the gold bulls was severely damaged. Therefore, today's strategy is mainly to focus on the high Sell. Now gold has reached the short-term resistance level of 2378, here Can sell. technical...
Dear friends, gold turned upward after hitting the 2355-2350 area overnight. It is currently trading near the 2383 position. Gold seems to have the possibility of hitting 2400 again. In fact, for the current gold market, wide fluctuations have become the norm, but in the short term, I think gold does not yet have the conditions to directly impact 2400, because...
Gold hit a new record of $2,430 last week during the New York session. It has seen gains in seven of the past eight weeks, increasing by over 17% since mid-February. This is despite the strength of the US dollar and a hawkish repricing of US interest rate expectations. The usual negative relationship between gold and US real yields has broken down, leaving traders...
last friday gold suffered a big crash off around 1000pips in couple hours, leavins buyers perplex. The bullish trend support stopped the fall off gold for now. Expecting gold to retrace bullish, but all depend on certain support levels and the trend support. A clear break off 2325 would be bad for buyers and a posible reverse trend may start. If 2305 breaks then...
The gold four-hour line appeared in the form of a triple top. The K-line reached near 2400 three times, but all were blocked and could not get through. Overnight gold once again verified that the 2400 resistance was effective. The k-line starts to exert force from above the moving average and directly breaks through the moving average. At present, the k-line is...
even though gold got 15mins high(using my research) still we dosent get choch also at the low we got 155mins low for buy also 1min high so we can draw fibo(refer the given chart so buy may possible Final buy 2376 Sl 2373 Tp 2378 Tp 2381 Tp 2386 Tp 2398 Tp 2423 Tp 2500 Tp 2600 NOTE: EDUCTION PURPOSE ONLY sorry will explain later
The 15-minute chart for XAUUSD is showing a clear pattern of resistance. After two unsuccessful attempts to break through the key zone, the third attempt appears to be faltering as well. This could indicate that we're on the brink of a sharp decline as selling pressure intensifies.
What I'm taking from current price action is Gold has bottomed at $2,325 forming Wave 1. Now we're seeing a 3 sub-wave move to the upside forming Wave 2, before we see the next leg down.