good evening gold gang .. i know ive been slow with the analysis lately .. but there is literally nothing to analyse as price continues to fly! We have finally had a daily close bearish, so we may be creating some workable price action The CPI move came up to my sell level perfectly and dropped heavily with positive dollar news ... amazing! Price is at the...
After this sharp rise in gold, the technical form has formed a lot of room for decline. The current trading idea is very clear. Just continue shorting at high levels, especially near the strong resistance level. The probability of making a profit from shorting is very high. I will continue to publish trading strategies. Friends in need please stay tuned. If...
My dear subscribers, My technical analysis for GOLD is below: The price is coiling around a solid key level - 2179.1 Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear, giving a perfect indicators' convergence. Goal - 2159.5 About Used Indicators: By the very nature of the supertrend...
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bears are taking over so we will bend to the will of the crowd and sell too. ❤️ Please, support our work with like & comment! ❤️
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Rising Wedge as an Corrective Pattern in Long Time Frame and Rejection from Upper Trend Line RSI - Divergence Break of Structure Completed " 12345 " Impulsive Waves Fibonacci Level - 261.80%
CAPITALCOM:GOLD MCX:GOLD1! NCDEX:GOLD TVC:GOLD FXOPEN:XAUUSD TVC:DXY OANDA:XAUUSD ACTIVTRADES:GOLD VELOCITY:GOLD During the European and Asian trading times, gold continued to fluctuate and fall at high levels, falling from 2185 to 2167 After the US market opens, under the influence of CPI. Gold fell sharply first. Then it rose to 2182. But...
With the release of cpi data, gold fell from 2185 to around 2150. Tomorrow, gold will be supported at 2165-2168/2170-2174 above and 2145-2141/2132-2136 below. I think gold will break through above and then fall. We can rely on the upper pressure point to sell gold. Buy gold at the pressure point below. sell 2165-2168/2170-2174 buy ...
Gold fell on its first day after the cpi data was released. The current price is 2156. Look at the daily line and 4H line. Gold remains in an uptrend. But there is a downward trend on the 1h line. 1/ Fibonacci first coincides with EMA in the 2165-2169 area. We can try to sell gold. 2/If gold rises and breaks through the 2174 area (the resistance level the day...
XAUUSD H4 Price dumped yesterday following the cluster of inflation data we witnessed, US stock indices whipsawed, XAUUSD dumped beyond our support on the LTF, but held on the H4. A slight bounce was we are currently witnessing, before the next potential downside leg. US stock market volume to follow in 1 hour 45 minutes time. Lets see what it brings.
H4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Price printed a swing BOS and subsequently a bullish iBOS. Bearish CHoCH has been printed. We are now trading within an internal range. As mentioned 11/03/2024, bearish CHoCH, which is the first structural indication, but not confirmation that bearish pullback is underway, will indicate pullback...
Currently Gold is in a tight range and also looking left it is a 4hr strong zone where gold is now For me to execute any orders, I would wait for a potential break and close of the candle above the resistance for buy orders and break and close below the support for sell orders.
Gold: The price of gold rose by more than 100 US dollars this week, setting a new historical high. It also adjusted the short-term market shape with the help of Friday's non-agricultural data. The non-agricultural data was a perfect ending. In the early stage of the data release, the bullish upward trend was basically continued. The market peaked at the 2195 line,...
FX:XAUUSD stops after a strong rally. A new ATH = 2195 is formed, after which the market starts the correction phase. The support 2175 is broken and the price tests 2150. There is a probability of continuation of decrease but after resistance retest. The fundamental background has been maintained since Tuesday. Yesterday we got CPI positive for the dollar,...
Preferred direction: SELL Comment: The outlook for the US dollar against the Canadian dollar in the longer term is quite positive, but before this rise, which is likely to allow new highs in the 1.36000 area, the currency pair will test the area around the 1.34000 level. At the indicated support area, we expect the seller to stop and the beginning of...
Gold has been moving very nicely this year. First it broke out of a MASSIVE Symmetrical Triangle that lasted an entire year of sideways movements. Then it shot up, formed a W Formation and then just rallied up with a high inclination. I'm talking over 60 degrees up. So, the momentum is strong (bubble style) but still strong. And the target remains at $2,236....
Gold (XAU/USD) is falling towards a potential breakout level and could drop lower towards our take-profit target. Entry: 2,155.01 Why we like it: There is a potential breakout level (wait for the 1-hour candle to close below 2,155.01 for a breakout confirmation) Stop Loss: 2,195.20 Why we like it: There is a pullback resistance at the all-time high Take Profit:...
Gold broke its downward trendline and surged last week. Yet, today, this precious metal is undergoing a correction after its rapid ascent, with its peak nearing $2200 USD. Currently positioned around $2160 USD, the metal is expected to further decline, not only providing better buying opportunities but also enhancing market liquidity and accumulation potential.
A data-based Federal Reserve is in all likelihood to beat back the timing of its first hobby fee reduce after Tuesday`s launch of the February Consumer Price Index (CPI) found out that center inflation improved for a 2nd consecutive month. Headline inflation rose 0.4% ultimate month, the Bureau of Labor Statistics stated Tuesday. Although that matched economists'...