While US bond yields are rising, the price of gold continues to trend upwards. Strong statements from a Federal Reserve policymaker and positive economic data from the US have kept both the US dollar and gold stable. Currently, XAUUSD has increased by more than 1.20%. The upward trend in gold remains intact after surpassing the previous peak at 2,223 and...
I posted a gold trade idea previously and wanted to do this video to explain my thought process we can see gold trading up bullish on the 4 hour time frame I'm looking for the 61.8% Fibonacci retrace for an entry. I've adjusted my price swing and entry point specifically in this video. Always this content is for educational purposes only and not to be construed as...
I've written many posts and made videos expressing my belief that XauUsd will reach a new all-time high (ATH) this year. Now, the question is, will it start with all-time highs this month? In my opinion, it will. But let's begin with why I'm quite certain that Gold will reach an ATH this year. It's relatively straightforward when you examine the monthly chart....
XAUUSD: GOLD did amazing job this week.. 600 pips bagged successfully guys Thank you for joining me on this bag. Done for the week See you next week.
Hello everyone! Today, XAUUSD (gold) is on the rise again, buoyed by ongoing expectations of a Fed rate cut. After successfully overcoming two significant resistance levels, gold continues to hold firm on its upward trajectory, establishing a new support zone following a period of consolidation in recent days. The outlook remains bullish as long as the bulls can...
"Today's gold market witnessed a refreshing surge, propelling prices back to the $2,200 mark in the early hours of the Asian trading session this Wednesday. This revival comes amidst the ongoing resilience of the U.S. dollar and a rebound in U.S. Treasury yields, drawing investor focus towards the latest hawkish remarks from the Federal Reserve. The short-term...
We are close to my previous price target for GOLD: In recent weeks, Gold has captured the spotlight by surging to all-time highs, signaling a potential shift in the precious metal's market dynamics! The breakout has garnered attention from investors, raising expectations for a new bullish cycle, with some setting a price target of $2500. Historically, gold has...
Dear friends, today gold is once again strongly approaching the 2220 integer mark, and the market has a high sentiment of following the trend. However, gold has not crossed this mark after all, and is currently stuck near the 2217 position. I know that many people in the market are targeting the 2245-2250 area. But what I want to remind is that before gold breaks...
Dear friends, the current gold market is crazy. Today, gold is once again strongly approaching the 2220 integer mark. The market has a high sentiment of following the trend of long positions, but gold has not crossed this mark after all, and is currently stuck near the 2217 position. But behind the extreme madness is the correct logic of the market. Judging from...
🏃♂️ Gold is moving near the 🟡 Potential Reversal Zone(PRZ)($2,210-$2,197) 🟡 and has reacted well to this zone. 🌊According to the Elliott wave theory , the Double Three Correction(WXY) seems to have been completed. 💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks . 🔔I expect Gold to drop to at least one of the 🎯 Targets 🎯 I've...
XAUUSD follows huge profits last Friday. It closed at around 2154.5. Driven by the weekend's news, the market fell again on Monday and hit a new low, with strong short positions. After the Asian session started on Monday, the XAUUSD market hit the 2157 position, but did not stand firm. Then it plummeted to the 2146 line. After several hours of consolidation at...
Gold, the age-old haven asset, has been on a relentless ascent, captivating market players and investors alike. As Thursday unfolds, its price continues its upward trajectory, hovering around $2,225 per ounce. The XAU/USD pair finds itself in the midst of a remarkable streak, marking its fourth consecutive day of gains and flirting with record highs. Yet, amidst...
Hello LOOTERS, This is our master plan to Heist Bearish side of XAU/USD Market. Guys U can enter at above my entry zone, Our target is Red Zone that is Caution Zone. My Dear Robbers loot and escape if u make money in this market, Don't wait for Target Point because its Dangerous place you will facing sideways or Pullback to entry zone or some news pushdown to bearish side.
The analysis for XAU/USD (Gold paired with US Dollar) indicates that the price is currently at a daily support level. This support level was previously a resistance level, but it has now converted into support, suggesting a significant shift in market dynamics. This conversion from resistance to support often signifies a bullish sentiment in the market. Based on...
After reaching another historical the chance to balance the market is high, especially with recent days high pushes. This is a slight signal of what gonna happen sooner. I hope . . .
Dear Colleagues. I suppose that the price will continue its upward movement. After the strong news background, we have to redraw the waves. I think that the wave starts the ascending wave 3. The nearest target is the resistance area at 2222.710. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Gold hit record high recently due to fed involvement, however it dropped sharply. The price behaviour has shown some strange movement, making in hard to spot the clear movement. In our bias, there are two areas that we are interested in first one we will be respecting the current pattern that price has been forming. However, this can be riskier, therefore, we have...