Gold has formed a falling price channel for a long time. Gold prices channel below and reacts to shallowing and is gentle. With Intensity waiting to reach the upper boundary ( 1875 - 1900 ). Just saved with the Fibo degeneration zone ": 0.5 - 0.618 - 0.786 of the previous down wave. Gold may move towards the fibo zones. If it really reaches 1956, then it will...
- Gold price in week 40 moved sideways around 1813 to 1833 and repeatedly rejected the181x area. According to NF News last Friday, gold price got a fake decline to 1811 and rebounded upwards, indicating a short-term uptrend. - In addition, combined with some news related to the war at last weekend, may have A GAP on next Monday morning, so you guys beware of...
Munufacturing data on Wednesday and Inflation data on thursday is going to bring some xtra volatility as this week sets off. 0:0 Monthly timeframe, time to Sell Gold late to the party? 2:40 Weekly timeframe 4:09 Daily timeframe Key Levels 1826$ Weekly Level 1820 Daily level 1810$ Weekly Level 1925$ Daily level -Gold Daily engulfing candle Confluence -Weekly...
Testing of Strategy Part 4 Entry 1820.76 SL 1817 TP 1833.30
As we navigate through uncertain times, it's crucial to consider the potential impact of global risks on our investment strategies. Gold, often regarded as a safe haven, has been attracting significant attention lately. With rising concerns about inflation, geopolitical tensions, and market volatility, gold has emerged as a compelling asset to explore. Why...
Possiblity to bounce at least 500 pips to test key level 1900 or break the support 1800. Still waiting for reversal signal. Just a trade idea.
OANDA:XAUUSD for Gold there is a scenario like Gold has given us an impulse to the downside and it hasn't corrected it self so we can expect a correction of this impulse to minimum 38.2% of Fibonacci levels which is almost 1857 if it goes for correction then our target is 1844-1857 and if it goes the other way it will be a Drop base Drop will be if it rejects...
After the U.S. released trade balance data for August, gold fell again, but it still failed to break through the 1810 support level. The upward trend of U.S. Treasury yields and the U.S. dollar seems to have weakened, which will further promote the recovery of gold and will test the resistance in the 1830 area above.
Gold is now maintaining its bottom and oscillating sideways. The decline has temporarily come to an end. If it is no longer weak, it will become stronger! Moreover, the release of the big non-agricultural data in the U.S. is expected to lead to a skyrocketing rebound! The US market continues to be bullish relying on the support of 1815! Plan your trade, trade...
Buy now now dont wait. Gold is going up really big now go buy
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
The most active gold futures contract on New York's Comex, for December delivery, fell $6.70, or 0.4%, at $1,834.80/ounce. Benchmark gold futures lost 3.1% last week, the biggest weekly decline since late January. This week, December gold prices fell 2.6% from the beginning of the week. Spot gold prices, which some traders watch more closely than gold futures...
Gold prices rebounded briefly today, but are not out of the woods yet. Weaker-than-expected U.S. ADP employment data reduced expectations for the Federal Reserve to raise interest rates in November and triggered a sharp adjustment in U.S. Treasury yields. Friday's U.S. non-farm payrolls report and unemployment report will be key to determining whether gold prices...
looking bullish trend in 1h timeframe beacuse follow falling wedge and rsi
Gold's decline has been going on for a long time, and gold has been at 1820 support recently. However, the trend of the US dollar seems to have weakened, but the gold market is still languishing under the influence of interest rate hike talk. Observing the trend chart, we found that it was retested near 1826, and then fell back to around 1822. I think gold is...
Gold opened strong, continuing its rebound from bottoming out late overnight. The U.S. dollar index fell back at the opening, and the 10-year U.S. Treasury bond yield also continued to decline after rising overnight, and the short-term peaking expectations continued to decline, boosting its gold price. but! Although the rebound momentum of the US dollar index has...
On the market, we mainly place short orders around the suppression of 1830, and the range is relatively large. As long as the suppression is around 1830, we will be short. The European market will fall back below 1820, and the short orders will make profits again. After the low-level short orders are dealt with, we will retain the high-level short orders. . Make...
The decline of gold has now come to an end for the time being, and it will enter a short-term shock, within the 1815-45 area! Go long near the 1817 position to see a rebound. If you have not bought, you can buy directly at the current price of 1821. Pay attention to the pressure of 1833 at the top. After the breakthrough, it is bullish to the 1845 line! Judging...