The current trend of the daily MACD fast and slow lines is downward, coupled with the correction after the RSI overbought divergence, are all signals for short-term adjustment. However, only if it falls below the starting point of the 2156 interest rate decision, it will be considered a complete downward trend. The trend line The support is at 2162, so the...
Dear friends, gold is currently in a volatile correction. The lowest point of gold has been corrected to around 2162, and compared with the highest point near 2222, it has corrected 60 US dollars. So will gold continue to fall? In fact, according to the current trend pattern of gold, gold is most likely to continue its shock adjustment and not fall all at...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves Falling Wedge as an Corrective Pattern in Short Time Frame with the Breakout of the Lower Trend Line and Retracement RSI - Divergence Break of Structure
Affected by the news, gold suddenly rose and broke through the previous high. It continued to rise after the opening today. It currently maintains a shock above 2200. The indicators have begun to show signs of weakness. Try to go short at this stage and pay attention to the resistance in the 2215-2221 range. If the bulls are strong, the high may touch around...
Hi Traders Gold price is ready Gold currently experiencing worldwide Down trend has reached its highest price ever I predict that the market will bounce back From the resistance level move towards the Nearby support level First Gold sell from 2166 TARGET 2130 Theen use buy from 2130 Target 2180 If this post is useful to you You can support me with like And...
Many times, the market has its own rules to follow. As long as you have enough experience, surviving in the market and having the last laugh is not as difficult as you think. If you can't do it, just follow someone who can and let him lead you. This is the gold 30m chart. I have shrunk it a lot. It is not difficult to see from the chart that it is currently at...
We were directly short at 2185, and sure enough it still fell. Let’s continue to look at the 2145 line below. Gold is an obvious top form. Don’t panic. The big negative line must reach 2145. This position is also a support. The hourly line all closes the big negative line and is below the moving average throughout. Continue to look at 2145.
XAUUSD (Gold) has been on a strong bullish run. However, expect a possible further retracement as the market seeks liquidity and to rebalance. This could present a counter trend sell opportunity along with a buy opportunity at prior support levels (see chart markup in the video). The risk of further downside remains, so prioritize strict risk management. This...
World gold prices decreased slightly with spot gold down 5.1 USD to 2,181 USD/ounce. Gold futures last traded at 2,183.9 USD/ounce, down 5.6 USD compared to yesterday morning. Although almost unchanged compared to yesterday morning, the price of the yellow metal has dropped sharply during the day. On March 21 (US time), gold continuously conquered record highs...
Dear friends, gold fell back after rising high during the day. Gold continued to fall during the U.S. trading session. At present, gold fell back to the lowest position near 2166. The gold trading orders that we gradually shorted in batches all left the market with profits near the 2170 position, continuing our 9-game winning streak for gold! According to the...
🔴 Resistance - 2208 🔴 🚀 Target - 2216 - 2225 🚀 🟢 Support - 2201 🟢 🚀 Target - 2192 - 2186 🚀 🚫 Manage Your Risk & Reward As Per Your Risk Management 🚫 🔥🔥 Levels Works Best on 5 - 15 Minutes Time Frame 🔥🔥 ❤️❤️ MARKET SECRET ❤️❤️👇 1. TRADE WHAT YOU SEE NOT WHAT YOU ASSUME 2. FOLLOW THE TREND BECAUSE TREND IS YOUR ONLY FRIEND 3. CHART IS SUPREME 4. YOUR...
The Federal Reserve kept interest rates steady on Wednesday, but policymakers signaled they still expect to cut interest rates by 75 basis points by the end of 2024. Three rate cuts are expected this year, according to the latest median economic forecast, but overall they are down from three months ago. Become more hawkish at one time forecast. Powell said it...
Today it is suggested that gold can be shorted near 2208. Now that gold has plummeted, we have made huge profits. Gold has fallen below the 2180 target. This is an accurate prediction. So can we go long now? My suggestion is to wait and see. If you don’t have a professional team and experience, it will be harder for you to make a profit.
The two big positive lines on the golden four-hour line directly lifted the roof, breaking out of the historic resistance line of 2195, heading north. The K line also started to exert force from below the moving average, and passed all the way. The moving average moved downwards and the pause button was pressed. Now, the current strong trend has been reversed...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed Impulsive Waves " 12345 " Break of Structure RSI - Divergence Bullish Channel as an Corrective Pattern in Short and Long Time Frame Falling Wedge in Short Time Frame
1. Overall bullish senario! 2. 30min support formed 3. Once the next 30min made a wick down, I executed buys!! 4. SL was placed below the previous 30min wick low!! 5. Closed 80% with +20pips 6. Rest I let it run to the TP!!
The current price of gold is 2186.5. The highest price today touched 2189. I think there will be room for growth in tomorrow’s trading. My recommended trading strategy is: 1/Asia-Europe trading strategy: If the golden line pulls back to the 2178-2181 range BUY2176-2180 Target 2189-2195-2200 If gold first rises to the 2189-2193 range SELL2189-2193 Target...
Dear Traders, Gold had rejected at 2196$ and rejected at that level showcased, price has touched pivot point, since then price has been consolidating between 2150-2172, however, we may see price dropping from our area of entry. There are two targets first one at 2130-2135 and then 2090-2080. Like and comment if you agree with our idea. Good luck and trade safe.§