Pair : XAUUSD ( Gold / U.S Dollar ) Description : Rising Wedge as an Corrective Pattern in Long Time Frame and Rejection from Upper Trend Line RSI - Divergence Break of Structure Completed " 12345 " Impulsive Waves Fibonacci Level - 261.80%
Gold fell on its first day after the cpi data was released. The current price is 2156. Look at the daily line and 4H line. Gold remains in an uptrend. But there is a downward trend on the 1h line. 1/ Fibonacci first coincides with EMA in the 2165-2169 area. We can try to sell gold. 2/If gold rises and breaks through the 2174 area (the resistance level the day...
XAUUSD GOLD has encountered a formidable resistance level. In the accompanying video, we meticulously assess various time frames, evaluating the potential for a bullish scenario. Our analysis delves into the intricacies of trend dynamics, market structure, and price action, offering insights for educational purposes exclusively. It is imperative to underscore that...
After peaking at 1,282 USD/ounce, the world's gold price today, March 13, was sold very strongly when inflation in the US increased slightly and the USD increased in value compared to many other foreign currencies. Gold prices reversed sharply today after the US announced data related to inflation that was slightly higher than forecast. Specifically, the...
U.S. inflation may have only gradually weakened last month, with retail sales rebounding, which may lead to the Fed not being eager to lower interest rates. The core consumer price index, a measure that excludes food and fuel to better reflect underlying inflation, is expected to rise to 0.3% in February from 0.4% at the start of the year. The Labor Department...
#XAUUSD Important CPI data will be released tomorrow, which will greatly affect the trend of gold. The current 1h trend of gold is still in a triangle shape. The top is temporarily around 2189-2195. Near 2154-2159 below. I think we can buy gold first in the short term during the Asian and European trading tomorrow. Target area 2189-2195. Then sell or...
🔴 Resistance - 2168 🔴 🚀 Target - 2182 - 2197 🚀 🟢 Support - 2161 🟢 🚀 Target - 2151 - 2138 🚀 🚫 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...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed " 123 " Impulsive Waves Rejection from Daily Resistance Fibonacci Level - 261.8% Break of Structure RSI - Divergence
Gold Trade Idea Pattern Analysis: Gold has formed a flag pattern, indicating a potential breakout. The flag high will serve as our target price (TP), while the last swing low will be our stop loss (SL) level. CPI News Consideration: Today's CPI data release could introduce volatility. Historically, gold prices have shown sensitivity to inflation data,...
There has low volume before CPI news. Im expecting CPI news will be higher than forecast 3.1%. If CPI higher than 3.1% Dollar will be rise and Gold will be fall. I will open trade 2176.7 and hold until this week end. There has news impact and gold will retrace at least fibo 50% (2090) level. Its just idea, Not the signal guys. Hold and take some profit. If...
Dear friends, both the technical and fundamental picture of gold are bullish for gold, supported by various factors including increased demand for gold, expectations of a rate cut by the Federal Reserve and a weaker dollar. Last week, gold reached its highest level near 2195. How should the rise and fall of gold be promoted next? Although there is currently strong...
Idea is attached where each level was given. When to enter and when to exit was given. This idea gave 1 buy & 1 sell signal with more than 150 pips in profit. Follow for more free signals.
Focus on data this week On Monday, the New York Fed’s 1-year inflation forecast for February On Tuesday, the U.S. February NFIB small business confidence index, CPI data, and OPEC released its monthly crude oil market report On Wednesday, U.S. EIA crude oil inventories for the week, IEA released monthly crude oil market report Thursday, US February...
Dear friends, gold is still consolidating around 2180. From a graphic point of view, gold still maintains a bullish pattern, but relatively speaking, the bullish energy is showing signs of weakness.Then gold is likely to see a correction in the short term, and is expected to retreat again and test the strength of the long-short dividing line. In the last...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Bullish Channel as an Corrective Pattern in Short Time Frame Break of Structure Completed " 123 " Impulsive Waves Rejection from Fibonacci Level - 161.8% RSI - Divergence
Dear friends, gold is currently consolidating near the 2078 position, and the highest price of gold last week has reached around the 2095 position. Can gold continue to rise and break through the 2095 position? Can we still go long gold in short-term trading? Judging from the gold trend, we can find that a long-short dividing point for gold in the short term...
Gold Trade Idea Result: Entry Point : Near the support level of $2176.33 - Reversal Pattern : A Pin Bar or Bullish Engulfing pattern was observed with high volume. - Position : Long position was initiated based on the reversal pattern. Exit Point: The position was closed with a profit of approximately 40 pips . This trade successfully capitalized...
Gold’s market action this week has been interesting indeed. The highest point is nearly 2200, which is both admirable and worrying at the same time. Will it continue to rise next week? In fact, the technical aspect is not important now, because from a technical point of view, the 2030-2141-2165 points should start to fall. However, as the news continues to...