seems like getting ready to test previous ath 2075 trend is already up and now formed falling wedge in daily timeframe incase of breakout expecting move towards 2075$ in coming weeks keep in mind breakout has not confirmed yet wait for confirmed breakout
Gold (XAUUSD) is rising towards a pullback resistance and could potentially reverse from here to drop lower towards our take profit target. Entry: 1938.11 Why we like it: There is a pullback resistance that aligns beyond the 61.8% Fibonacci retracement level Stop Loss: 1947.52 Why we like it: There is a swing-high resistance level Take Profit: 1916.64 Why we...
Gold prices (XAU/USD) rebounded on Friday on risk-off sentiment, shrugging off the rise in U.S. Treasury yields ahead of a key FOMC gathering in the coming days. In late morning trading, bullion was up about 0.75% to $1,925 as equity indices took a nosedive, with the Nasdaq 100 down nearly 1% amid widespread weakness in the technology sector. Despite today's...
My final target for gold could be 1600 $ but its a very big deal
– Previous Weekly candle closed weak Bullish around 1923.800 forming weak Weekly Support around 1919.200, Friday Daily candle closed strong Bullish around 1923.900 above recent Daily Resistance formed on 12th September 2023. – Buys on close above 1928.800 targeting 4h Resistance formed around 1934.000, Leaving Runners to the next 4h strong Resistance formed around...
On the higher timeframe, gold has been bearish for a while. With the perspective of the federal reserve keeping the rates among the highest between rich economies at 5.50%, the USD is seeing a very high interest towards it wich will make its value go higher. On the technical side, we can observe that price has made a pushback to $1950 and from this resistance has...
Details on chart - looking to see continued dollar strength on gold back down to 1902
OANDA:XAUUSD is strengthening at the end of the week and closed above Monday's open. BUT! The dollar is also strengthening and on the chart we see several key elements forming and an important zone that can give us strong signals. In the coming week, the following news is worth paying attention to: 09.19 CPI (YoY) EUR 09.20 CPI (YoY) USD FOMC ...
Hello,Traders! GOLD is trading in a downtrend But made a bullish correction After which it hit a horizontal Resistance of 1930$ and is Already making a move down So I think that Gold Will keep falling Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
CADJPY is on our radar at the moment. We currently appear to be in an ABC corrective wave and looking for wave C lower. On the lower timeframe we'll be looking for reversal patterns to indicate that wave B has completed and that we've started wave C. Trade Idea: - Watch for lower timeframe reversal patterns or trendline breaks - enter with stops above the...
On Friday Gold price test its 11th sep high 1930 and drop to 1923. Current setup: Price drop to fvg fair value gap 1922 and also 50% fib level close bullish in 15 min chart which shows that this short retracement from 1930 to 1922 and now price goes to new high for the coming week. BUY SETUP: On the monday open go for long after breakout of gray zone which i...
First of all, the chart is reversed, friends, pay attention until the price reaches one of these areas, I will not open any sales transaction (the places marked with arrows). The refined block order is bearish and my trading model is close candlestick in 2 or 1 hour time frame. Price targets are also mentioned in the previous analysis
During the Asian market on Friday, spot gold suddenly surged in the short term. The price of gold just exceeded US$1,915 per ounce, setting a new intraday high. Gold prices also extended their rebound from Thursday's New York session. Spot gold hit an intraday low of $1,901 per ounce on Thursday, but gold prices subsequently rebounded and closed at around $1,910...
Inflation is showing signs of rebounding, and doubts about the Fed raising interest rates have arisen again! The price of gold plummeted close to 1900, and the transaction volume exceeded 800 million US dollars in one minute! See the opportunity and seize the opportunity. If you still don’t know how to operate, please join my private message space!
Hey Traders, in tomorrow’s trading session we are monitoring XAUUSD for a selling opportunity around 1945 zone, Gold is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1945 support and resistance area. Trade safe, Joe.
Hello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze...
From Monday to Thursday last week, the European market continued to fall near 1900 and then stopped falling. The price of gold rebounded after the start of the US market. On Friday, gold even rose to 1930. The gold trading strategy next week is still to rely on the upper pressure level of 1930 to sell. . Share free trading signals every day, if you need, please join me
KOG REPORT: In last weeks KOG Report, we said the ideal trade for the week would be to capture that long trade at the beginning of the week to then assess the price action, and short the market back down. For the early session we didn’t get the 1910-12 support level but managed 1916 up into the order region where we then shorted the market as illustrated down...