Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed " 12 " Impulsive Waves RSI - Divergence Consolidation Phase Bearish Channel as an Corrective Pattern in Short Time Frame Break of Structure
Gold Market Trade Idea: Descending Triangle Breakout 📉 Pattern Overview : The descending triangle pattern is typically considered a bearish continuation pattern. It is characterized by a flat lower trendline that acts as support and a descending upper trendline that indicates lower highs. This pattern suggests that sellers are more aggressive than buyers,...
World gold prices decreased slightly with spot gold down 12.1 USD to 2,161.4 USD/ounce. Gold futures last traded at 2,166.5 USD/ounce, down 14.3 USD compared to yesterday morning. World yellow metal prices reversed and decreased slightly in the trading session on March 14 (US time) when the market received more inflation data that was not as expected. The latest...
XAUUSD these days March 14, 2024 withinside the international became to boom once more after a consultation of decline. SJC gold bars and gold rings, after a consultation of decline, face the danger of falling similarly if the State Bank takes intervention measures. Finance Banking Gold fee these days March 14, 2024 plummeted, approximately to fall similarly? Manh...
Gold charges fell 0.2% to $2,171.06 an oz, at the same time as gold futures expiring in April fell 0.3% to $2,175.35 an oz with the aid of using 01:27 ET (05:27 GMT). Bullion charges rose to a report excessive of around $2,two hundred an oz on the begin of the week, however noticed speedy consolidation after hotter-than-anticipated patron fee index information...
If the Fed decides to cut interest rates in March, there is a high probability that gold will still have room to rise. If the Fed decides not to cut interest rates in March, market concerns about inflation may still push up gold. Therefore, it will be difficult for gold to get out of the downside in this environment. The current market is a process of hyping the...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Bullish Channel as an Corrective Pattern in Short Time Frame with the Breakout of the Lower Trend Line and Retracement RSI - Divergence Break of Structure Completed " 1234 " Impulsive Waves
If you try to buy today Pay attention to two key locations 1/2157-2161 2/2145-2148
In terms of technical form, shorts have the advantage. The current main transaction is shorting. After the decline, a small number of long transactions are added to make small rebound profits. In terms of the general trend, we only need to short. If your account is large enough and well funded, you can even hold some short positions until around 2090. Stay...
XAUUSD 1H chart, lower high, break of astructure to the downaide, looking for a sell at the 50-61.8% fibo zone. SL above the previous range high and 2R target at the swing low. Not financial advice.
World gold prices turned to inch up slightly with spot gold increasing by 15 USD to 2,173.5 USD/ounce. Gold futures last traded at 2,179.5 USD/ounce, up 13.4 USD compared to yesterday morning. World yellow metal prices rebounded on Wednesday, supported by a weakening USD as investors remained hopeful the US Federal Reserve (Fed) would cut interest rates in June...
🔴 Resistance - 2166 🔴 🚀 Target - 2171 - 2177 🚀 🟢 Support - 2161 🟢 🚀 Target - 2150 - 2139 🚀 🚫 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...
U.S. consumer prices rose sharply in February, indicating that inflation is somewhat sticky. Data showed that the consumer price index (CPI) in February increased by 0.4% from the previous month and 3.2% from the same period last year, higher than the expected 3.1%. This further reduces the possibility of the Federal Reserve cutting interest rates before June....
After this sharp rise in gold, the technical form has formed a lot of room for decline. The current trading idea is very clear. Just continue shorting at high levels, especially near the strong resistance level. The probability of making a profit from shorting is very high. I will continue to publish trading strategies. Friends in need please stay tuned. If...
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...