Hey Traders, in today's trading session we are monitoring XAUUSD for a selling opportunity around 2057 zone. Gold is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 2057 support and resistance area. Recent remarks by the Federal Reserve, particularly the denial of potential rate cuts in March by Fed Chair...
Gold moved up as expected but its movement was very fast and it touched its main resistance 2065-2066 and back to support of 2055 . For upward movement it should hold its support area of 2055-2046 otherwise it will go down to 2031-2030 . Right now its forming M and may be it will retest its top 2080's area. After creating M and double top it will be down...
On the flip side, the $2,042-2,040 strong horizontal resistance breakpoint now seems to protect the immediate downside ahead of the 50-day Simple Moving Average (SMA), currently pegged near the $2,033-2,032 zone. A convincing break below the latter could drag the Gold price to the $2,012-2,010 area en route to the $2,000 psychological mark. Failure to defend the...
XAU is rising on news from the Fed Please be disciplined when trading and manage your capital well
Today gold will fall in NFP news then rise from 2040 So my point view gold can buy from 2040 To 2063 So gold frist sell then buy Always follow the trend
The EUR/USD is extending gains towards the 1.0900 level in the early European morning hours on Friday. The US dollar is struggling to find strength, allowing the euro to rise further in an optimistic climate. All eyes are now on the release of the US Non-Farm Payrolls (NFP) data. Regarding the dollar, the US Dollar Index (DXY) has remained within the established...
By re-examining the gold chart in the daily time frame, we see that after re-entering the $2040 channel, the price was able to grow to around $2050 and then correct it again to $2040 within a few minutes! After the price reached $2040 again, it faced buying pressure, and it is interesting to know that POC LINE is exactly on the price of $2040 and acts as a...
Today Gold will fall in nfp then rise from 2040 So my point view Gold can buy 2040 To 2040 So Gold frist sell then buy Always follow the trend
The Federal Reserve's interest rate decision early last night triggered violent fluctuations in the gold market. The price of gold showed a wide range of fluctuations. The lowest reached the support level of the 2030 trend line and stabilized. The current upward trend remains intact, and the bulls are still in the advantageous stage, so I think You can buy, and...
We see the gold chart in the 1-hour time frame. With the growth that gold experienced yesterday, it was able to test all important supply areas. At the moment, it has a neutral trend where it is, it is likely to grow and collect the liquidity behind the supply area and drop it to the 15-minute demand level that I drew on the chart. Supply area...
The xau market is on a bullish momentum and just as the analysis indicates, we're going bullish to the 70's before a retracement and then a continued buy. It is sef that we could break the highest highs of the xau market, updates on the analysis would be published as the market moves BOOST🚀, COMMENT 📑 AND FOLLOW 🏷 FOR MORE HELPFUL ANALYSIS 👍......
Hello traders ,what do you think about GOLD?NFP data will be released today. Gold is still involved in the resistance of the 2060 zone in the lower time frame, which is expected to break through the news and grow up to the 2080 resistance zone. And after hitting the resistance zone of 2080, expect gold to fall to the specified level If this post was useful to...
GOLD both technically and fundamentally, on the background of high interest, may continue its growth. There is strong news ahead, which may affect in different ways, as it is impossible to determine in advance what will happen. But, on the back of increased jobless claims, NonFarmPayrolls could be negative for January Reasons for further upside: 1) NFP, based on...
Gold is now moving on $2054 - $2056 area. Technically, $2070- $2072 is the Ultimate Top's , as Selling on such Bullish s is not advisable if the our ultimate top is broken. yesterday the numbers was in favors of Gold however the bullish cycle was not expected but 73% of total numbers of traders were in Bull run however price action was just sudden dropped...
Hello friends I think that after the news of New York today, the price will move towards crossing the price of 2065 and probably a rapid return. Take care of your capital good luck
Non-Pay Form | Gold Expected to be drop Hey Traders .. Welcome back ! Todays after 2 hours Big news going to happen We Structured data from past history gold expected to move 50 pips above then probably hit the targets and touched our trend line which were seen in charts we are waiting for break out of support 2051-2050.00 then next point at...
Following the two day price surge after the Fed kept the Interest Rates unchanged and communicated their intensions of being in no rush to cut rates, we believe it would be beneficial to look Gold (XAUUSD) from a long-term perspective again and in doing so, we are updating our December 27 2023 (see chart below) comparison between the 3 Cycle Tops since August...