Although the price increased yesterday, the D1 gold bar created a very large bearish pinbar, with a very long upper shadow and closed less than 1/2 of the range, closing inside the previous price bar, which was also a bearish pinbar. Such price behavior reflects the weakening of the upward price momentum, suggesting the possibility that prices may continue to...
Gold hit the 2168 line at the lowest and the 2195 line at the highest during the day. Today our real offer of short orders at the 2180-85 line has unfortunately stopped. We will adjust it and get it back in the evening. Gold is currently oscillating at the 2191 line. If it continues to stand above 2190, then in the evening Gold may touch the 2200 line again. At...
A strong bullish trend is evident in the gold market. The zone between 2177 - 2170 has solidified as a strong support level, previously serving as a significant resistance. There is still liquidity to be tapped into at the higher levels. Moreover, with the current economic context marked by uncertainties and global issues, there are ample reasons for the...
Keep an eye on the gold prices as they hover between the sell range of 2185 - 2187 with a stop at 2191 and the buy range of 2152 - 2150 with a stop at 2146. It's crucial to monitor the breakout zone between 2166 - 2180 for potential trading opportunities. Stay vigilant for signals within these ranges to capitalize on market movements effectively
GOLD these days I will advise following each trends. Because presently the Gold Candle may be very clean to lower in keeping with Price Action. In this direction, GOLD can growth at any time > With the Falling Gold Rate, the entire Canh House sells Gold round 2194>2198 SL 2202 TP2186>2180 With Buy Rhythm, anyone waits for comments on key frames consisting of H1...
Gold has been revered throughout history for its beauty, rarity, and enduring value. From ancient civilizations to modern investors, its allure remains undiminished. As a symbol of wealth and stability, gold continues to play a vital role in the global economy. Its resilience in the face of market fluctuations and its ability to preserve purchasing power make it a...
In the realm of financial markets, gold retains its allure as a timeless asset, captivating investors with its intrinsic value and resilience amidst uncertainty. As a seasoned financial analyst, delving into the intricate dynamics of the gold market unveils a tapestry woven with myriad influences and potential outcomes. In recent market movements, gold's...
Amidst ongoing economic uncertainty, gold prices have surged, reflecting investor demand for safe-haven assets. Geopolitical tensions and inflation concerns have further bolstered gold's appeal, driving its price to new heights. With central banks maintaining accommodative monetary policies, gold continues to attract investors seeking to hedge against currency...
Gold, the precious metal that has fascinated humanity for centuries, holds a unique place in our collective consciousness. Its story weaves through the annals of history, intertwining with tales of wealth, power, and cultural significance. From ancient civilizations to modern societies, gold has been treasured as a symbol of opulence and prestige. Its shimmering...
Yesterday, gold delivered a dramatic and unexpected surge, catapulting from $2155 to $2223 USD, marking an impressive increase of 680 pips in a single moment. What could have triggered such a powerful uptick in this precious metal? News Update: The Federal Reserve's announcement regarding the possibility of interest rate cuts later this year sent the US dollar...
So far, the price movement closely follows this roadmap. The consolidation depicted in the chart is not intended to precisely predict price movements but is illustrated as a prediction of potential base areas that may form. Thus, the range of 2191-2106 can be considered a crucial zone before a reversal or continuation of the trend occur
In the realm of finance, gold stands as an enduring symbol of value and stability, captivating the attention of investors and analysts alike. As a financial analyst, exploring the nuances of gold offers invaluable insights into market dynamics and investment strategies. Gold's allure stems from its unique properties as a tangible asset and a store of value. Its...
XAUUSD currently finds support at 2161, suggesting a temporary retracement. In terms of trend, XAUUSD remains within a bullish trajectory, with the nearest upside resistance around 2188. Supported by the stochastic indicator in oversold territory, there is potential for XAUUSD to strengthen temporarily
In the realm of commodities, gold remains a cornerstone of investment strategies worldwide. Recent developments in the precious metals market have reinvigorated interest in gold, attracting attention from investors globally. From economic indicators to geopolitical tensions, various factors contribute to the fluctuations in gold prices and market dynamics. As...
Trading Idea for Gold/XAUUSD on 26-27.03.2024 Overall, Gold is trending within a long-term upward channel. XAUUSD is likely currently trading in a distribution phase (sideways movement) before starting a new cycle. XAUUSD is currently ranging between $2147 - $2215/oz. Trading Plan: *Plan A: Buy around the range of $2150 - $2170. Cut losses completely at $2145....
In the realm of Elliott Wave theory, the concept of Wave 5 often holds significant importance, particularly in the context of gold analysis. Let's explore this crucial aspect and its implications for gold prices. As many traders and analysts know, within the Elliott Wave framework, there's typically at least one expanding wave in the three-wave sequence....
friends! The price of gold has now fallen below $2,175. According to the current trend of gold, the price of gold has a slight tendency to bottom out and rebound. Therefore, it is particularly important to accurately judge the gold trend and grasp the rhythm at this time. Follow me at any time to analyze gold trends to make the right choice. My suggestions for...
The market fluctuates very quickly. When I prepared my strategy, I only had time to tell my friends who were following me and I haven't published it here yet. Now, the bulls are on a strong offensive, and the resistance continues to focus on the 2192-2196 range, with strong resistance at 2202. My strategy is very simple, which is to go short near the...