Gold rebounded from its lowest in 1974 yesterday, and its highest has rebounded to near 2001. Is the gold market about to reverse and return to the upward trend? I don't think so, because gold is currently in the form of flag-shaped consolidation in the short term, and it has encountered obstacles at the channel line many times. Before effectively standing on the...
Greetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️ The world's reserve currency has been misused by American politicians, bureaucrats, and central bankers who have failed to manage their...
Dear traders gold respected last setup and we should be careful for tomorrow we have cpi and fed so don’t risk to much i expect gold if he breaks above 2006 you should look for buy wait for price action and if he reject zone 2015 and price close below you should look for sell. Trade safe and see you soon Good luck
#XAUUSD According to the analysis we gave to XAUUSS earlier, the DOWNSIDE WAVE, GOLD went down very fast. Due to the POSITIVE SENTIMENT against the dollar, US10Y rose due to this. Then Ibem became a GOLD SELL. Some FED COMMENTS and NFP DATA were very helpful. But last day all those LABOR DATA and INFLATION DATA INDICATORS were POSITIVE, so GOLD was slightly...
Dear traders gold was in consolidation all day and I expect gold if he breaks below 2018 and closed price may continue to pushing Dow target 1 : 2010.105 and target 2 will be 1999.031 and if he breaks above 2023 and price close bulish it may keep pushing up target 1 will be 2031.97 and target 2 will be 2049.81 wait always for price action trade safe Good luck
In early Asia, the gold price XAUUSD is under significant strain due to the increase in pressure to use US inflation, following OPEC+'s surprising announcement of production cuts at the end of the week. The valuable metal has fallen below $1960.00 as there is hope that the Federal Reserve (Fed) will maintain higher interest rates for a longer period. With the...
I tried to describe the current market situation, with a long entry. Happy Trading
OANDA:XAUUSD reached to its significant resistance zone and tried to make a double top formation. primarily it will correct till 1896-1870. Disclaimer - This chart analysis is only for educational purpose. Do proper research before trade/investment or consult with your financial advisor. This expressed opinion/view/analysis isn't a trade/investment...
Reason Foe Fall 1. Breaked 1h Uptrend Channel 2. Rsi 14 Below 50 Which Denotes Downward Movement 3. Stochatic Overbought In 1h Time frame Overall Possibel Outcomes XAUUSD SELL@ 1945 SL 1958 TP 1927
As you can see, from my perspective, since there is an important supply zone in front of the gold price, gold can have a bearish move. Please pay attention to the strong upward move; we need a lower time frame confirmation for selling. we can define two different areas as selling areas: 1- 1925- 1930 2- 1951-...
Hello traders, GOLD is creating a shape for the upside move, i am expecting from price to come around our mentioned 0.5 to 0.618 fib levels and then looking price action for a long position opportunity with the strategy, if strategy allow me to trade it. This is just analysis trade with your own according strategy. GOOD LUCK & GOOD TRADING
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves and Corrective Wave " AB " Divergence Breakout the Demand Zone and Retested CHOCH Falling Wedge as an Corrective Pattern in Short Time Frame and Breakout the UTL and Retracement Break of Structure
#XAUUSD According to the analysis we gave to XAUUSS earlier, the DOWNSIDE WAVE, GOLD went down very fast. Due to the POSITIVE SENTIMENT against the dollar, US10Y rose due to this. Then Ibem became a GOLD SELL. Some FED COMMENTS and NFP DATA were very helpful. But last day all those LABOR DATA and INFLATION DATA INDICATORS were POSITIVE, so GOLD was slightly...
world gold price closed the last session of the week at 1,857 USD/ounce, a sharp increase of 20 USD compared to the same time price of 1,837 USD/ounce the previous day. Last night, the world gold price fluctuated in the context of many speculations that in March 2022, the US will not raise interest rates beyond the market's expectation of 0.25 percentage...
Gold price advanced to the highest level in almost a week in the first half of Wednesday’s trading, as the US Dollar was thrown under the bus following the release of strong-than-expected China’s February Manufacturing and Services PMI data, which triggered a risk rally in global stocks. However, the upside in the Gold price remained capped, as the risk-on market...
Gold prices rallied in the first half of the trading week, breaking out of the bearish trend that has dominated XAU/USD price action for most of February, following the surprisingly hot US Nonfarm Payrolls report. The US 10-year Treasury yields are once again facing super-thick resistance at 4%, which is putting a hard limit on further US Dollar appreciation in...
Gold price gained traction and climbed above $1,820 after having spent the first half of the day in a tight range near $1,810. Although the benchmark 10-year US T-bond yield stays in positive territory near $3.95%, the renewed US Dollar weakness fuels the pair's rebound on Tuesday. Financial markets have been a two-tale story for the early part of 2023, in which...