Today, under the influence of CPI data, gold pulled up from 1944 to near 1970, followed by a continuous pullback, the current price 1962, the follow-up focus on the lower 1944 support level, we can short near 1965-1970, and long in 1950-1955! If you are confused about trading, please join me, I believe you will have a great harvest!
Gold fell for three consecutive days, the front because of the geopolitical impulse to basically smooth out the bulls, and all the way down even broke the 1970-1953 support, the current minimum to 1947, the general trend is strong and weak, the market is also going down, the current consideration is how to card points to short, from the current 4 hours and hour...
As Treasury yields edged back up, gold came under pressure, falling back from above $1,990 during the day, although last week's weak NFP forecast brought forward Fed rate cut expectations, but the gold price did not seem excited about it. For this week, gold will continue to track events in the Middle East, while a number of Federal Reserve officials will make...
Today, gold did not fluctuate much before the data appeared. When the data became positive across the board, gold once rose to near 2003. We continuously shorted at this position and chose to close the position in 1996, finding that gold did not have a rebound trend, so we continued to sell in 1996, and finally closed all orders near 1988. Congratulations again...
💯DAILY GOLD PLAN UPDATE: March 11 👉 Gold prices were little changed this morning as investors waited for the US non-farm payrolls for further signals. 👉 The USD index slid and US 10-year treasury yields fell to their lowest level in 3 weeks, making gold more attractive. 👉 The Fed kept interest rates on hold Wednesday as policymakers considered key conditions...
From the technical point of view, the current formation of a double top shape, the future market bearish, but due to the support and data near 1975 led to a temporary rise in the market, the subsequent energy is insufficient, and now has fallen to near 1979. Continue to pay attention to the impact of the meeting in two hours, if it breaks 1975, continue to...
Recent spot gold trend is strong, the situation in the Middle East brought about by the risk aversion to the gold price constitutes obvious support, gold bulls stood on Friday 2000 US dollars, once on the 2008 US dollars. On the evening of the 28th, Israel again bombed a house in Gaza. On the 27th, the United Nations adopted a draft resolution on the...
💯UPDATE DAILY GOLD PLAN: 👉 Gold prices fell in Monday's trading session, taking a breather after approaching the $2,000/oz mark in the previous session, as investors prepare for further developments in the Middle East and economic data. America. 👉 Geopolitical tensions and instability in the Middle East will continue to push up demand for safe assets, after a...
Reason For XAUUSD Bullish 1. Breakedout the Strong Trendline of 1920 and now readt For Retest 2. Decending Broadening Wedge Pattern Continued and make the swing High as Traget 2074 3. Bulllish Flag Pattern Makes the futher Buy Movement with swing Low as sl 1880 and to 1980 4. Due to Isreal Palestine Issue the GOLD expected Emerge Movement Overall Possible...
Gold jumps $30 as Fed downplays rate hike. The Israeli-Palestinian conflict continues to escalate and is expected to expand, and the sense of panic continues to rise. At the same time, the Federal Reserve again downplayed expectations of interest rate hikes, and the dollar ushered in a sharp retreat. Gold extended to a new high of 1865 today after yesterday's...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Impulsive Waves " 12345 " and Corrective Waves " ABC " Completed. Falling Wedge as an Corrective Pattern in Short Time Frame in XYZ Waves and Breakout the Lower Trend Line and Strong Support Level Entry Precautions : Wait until it Rejects after Retracement or Previous Support and Acts as Resistance
This week ended perfectly, earning 50,000, exceeding the expected target, the main reason is to seize the opportunity to fall all the way, continue to maintain next week, I wish everyone a happy weekend! If you are confused about trading, please join me, I believe you will have a great harvest!
Us bonds continue to soar to a new high near 4.9, the performance of the employment data, so that the Federal Reserve will not raise interest rates this year or again. Gold continues to be in the 1815-1830 area of the shock correction, we 1822 and 1827 short gains. Today's unemployment benefits data hit, continue to see the volatility continues, as well as the...
You can see all the important zones and levels on the chart. Personally, I have lower targets on my mind for gold but for now, I expect the price to penetrate to the sell-side liquidity and then I will update this TA. 💡Wait for the update! 🗓05/10/2023 🔎 DYOR 💌It is my honor to share your comments with me💌
As you can see price started an upward move after collecting the liquidity below 1903 and there was a liquidity pool above 1930 that was collected. Now price touches the important supply zone that can push price down. In this zone with a lower time frame confirmation, we can enter short and expect the price to go down at least till FVG. 💡Wait for the...
Yesterday gold rose as high as 1947, then plummeted all the way to around 1920, in the 1915-1920 sideways oscillations, the current key support level of gold in 1915, we can choose to be long gold in this position! Join me and don't let procrastination and hesitation stop you from making money!
On Tuesday (September 19), the Federal Reserve officially began a two-day policymaking meeting, the Federal Reserve's latest economic forecasts and Chairman Powell's speech on the future outlook hints received wide attention from investors. Four hours of technical analysis, although the continuous rise of the price is stable above the two moving averages, but...