This week, my analysis for GOLD involves seeking immediate buying opportunities from the 12-hour demand zone where price is currently situated. My strategy is to initiate buys with the aim of targeting the 6-hour supply zone above for potential selling opportunities. Despite the significant drop on Friday, price still appears bullish based on last week's...
In next coming Im looking bullish momentum on GOLD. As per the technical analysis GOLD took support from the Demand zone which is perfect to rise it.
I am bullish on GOLD. I did an analysis on DXY (Dollar Currency Index) and I found that DXY has little bit more strength then it may fall back and GOLD will rise.
I am looking buying opportunity on GOLD in upcoming week. As per my analysis on Dollar Index, I found that DXY has gap in the bottom. So, later or soon, DXY will fall to fill its gap and if this will happened, then obviously GOLD will rise.
On Friday night Gold has strongly breakout its BOX and then went up. As we all know that the war between Israel and Palestine accelerate on Friday and due to this GOLD rise sharply. Now GOLD is at its major resistance 2075. If this level breakout, then GOLD may rise further.
Gold is ready to breakout its all time high soon. As the war between Israel and Palestine accelerate, we may see GOLD more higher. Better to look buying opportunity on it.
I have mentioned all the buying reasons why to buy GOLD in coming week. Do your own analysis before taking trade on it.
Do not look for sell opportunity on it. As we all know that the situation between Israel and Palestine is not good and the conflict getting rise because other countries are getting involved in it. Every support is an opportunity to buy GOLD.
OANDA:XAUUSD In the 4-hour timeframe, a shooting star candle has been confirmed, while the daily candle has closed in shooting star form, but its confirmation is yet to be established. As a result, a correction may be expected, albeit one that is likely to be minor. The bullish trend of gold is being driven by the current state of affairs in the Middle East....
The war between Israel and Palestine spreading fast and other countries are getting involved in it, which is much dangerous situation. In this regard people are converting their money into GOLD, that's the reason of bullishness in GOLD.
Due to the war between Israel and Palastine, Gold rise much on Friday. If this continue (War) then Gold will fly more.
On the H4 timeframe, price is exhibiting bullish order flow, forming higher lows and higher highs, which manifested itself as an ascending channel. Price has recently tapped into a key resistance-turned-support level at 1869, which is in line with the 50% fibonacci retracement. A throwback to this level will provide the bullish acceleration towards the next...
The GOLD market is on its major support line and also on weekly support which is giving us much bullish signs. I am looking for buying opportunity on it in next week. Every support on H4 and H1 time frame is best time to buy GOLD.
#XAUUSD On September 1st, encountered a formidable resistance barrier at 1950 and subsequently began its descent toward the established support level at 1885. Interestingly, the downward trajectory was interrupted as gold found a reversal point around the 1900 mark. Currently, the precious metal is in the process of retesting the 1944 resistance level. Should...
As per the candle sticks pattern, I got this trade on M30 time frame. I think it may rise. It will be better to make your own analysis first then look for buying opportunity.
I have share four reason that why we have to buy XAUUSD (GOLD). 1st is trendlie, second is Supply zone which is at 1947, third is trend line from swing high to swing low and last one is fibonacci retracement which is same at 1949 (0.618).
Welcome back to another episode where we dive deep into the dynamic world of Gold. The bulls' recent positive traction lifted Gold's price on Friday; Breaking a four-day losing streak, it surged from its lowest point since March, hovering above the pivotal $1,885 zone. Adding to the intrigue, the US macro data paints a portrait of an exceptionally resilient...
On Thursday, DXY was become stronger and put GOLD down, but If you look on the chart, we can see huge Bearish candle which is abnormal as compared to another candle. I believe GOLD may rise more. Every support is an opportunity to buy.