Analysis #XAUUSD #Gold #Gold 12/18 🔴Entry sale: 2030-2031 (end: 2050) 🔴Entry sale: 2045-2047 (Stop: 2050) ✅ Near the goal: 2007 ✅Distant goal: 1991 - Gold prices fell very sharply over the weekend following information from the Federal Reserve and positive US manufacturing data. This caused the gold price to break through the 2030 neckline and plummet to ...
World gold prices inched up slightly as traders are waiting for important reports to know more signals about interest rates in the near future. World gold prices increased slightly this morning with spot gold increasing by 4.7 USD to 2,062.7 USD/ounce. Gold futures last traded at 2,040.7 USD/ounce, up 5.5 USD compared to yesterday morning. World gold fluctuated...
OANDA:XAUUSD price sticks to the range-bound theme near $2,025 during the early Asian trading hours on Tuesday. The positive momentum in yellow metal remains intact, supported by a modest pullback in the US Dollar and lower US Treasury bond yields. From a technical perspective, any subsequent move up is likely to confront stiff resistance near the $2,040 supply...
Dear Traders, Gold bounced back from 2152$ to 1972$ and rocketed towards 2046$ as Fed Interest Decision gave it a boost. Prices retreated to fill the liquidity void and are forecasted to reach 1990$. Look out for sellers at this level. Price either can drop significantly from the current area of price or do some short of retracement as it is shown in the chart...
The trading strategy for everyone today is to go long from 2016 to 2019 and short from 2026 to 2032. If you follow it, the profit will definitely be very good. The profit target I give you this week is 50%+. It is certain that we will achieve the target. The key point is how much we can exceed. There will be news released in two hours, which will have a...
Last Friday, gold experienced a wave of decline due to the news, and began to show signs of rebound near 2018. In the 15- and 30-minute charts, the shape is conducive to the bulls, and there is a high probability that it will rise in the Asian market, while in the 4h chart , the shape is more conducive to shorts. Therefore, from the perspective of the general...
2038 add short position Holding the 2045 line, we are shorting, we add short positions and enter the market, continue to look at the 2015 line below, and be prepared to plummet Gold will rebound. This is the consistent operation method of the bookmakers. It is inevitable to pull up a wave, but the K-line must hold the 2045 line. It will inevitably see a fall...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Falling Wedge as an Corrective Pattern in Short Time Frame with the Breakout and Retracement. It has completed the Break of Structure and Retracement. Completed Impulsive Correction and Making its Impulse Again Entry Precautions : Wait for the Proper Rejection
XAU-USD is going up In a strong uptrend But a horizontal resistance Of 2042$ is ahead so after The retest I will be expecting A local bearish reaction !
Gold surged in European trading on Friday, extending its upward momentum driven by the decline of the US dollar and the subdued yields on government bonds, following signals from the Fed indicating a potential interest rate cut in 2024. The precious metal rebounded from recent losses earlier in the week, prompted by central bank comments hinting at at least three...
Let’s first summarize this week’s trading situation. Our net profit this week exceeded 20K and reached 22K. Basically achieved our weekly goal of completing 20K. Unfortunately, on Friday, I set a limit trading order to short gold in 2048. Since the order was not activated, we missed the downward trend of gold on Friday. Although there are some regrets, I think as...
Buying setup /waiting for good context in m15 time frame to entry / 2nd bullish leg 2005/2015 support zone
Gold has not fluctuated much today. It is currently near the high level. There is resistance here, but the greater resistance should be around 2052-2058. The probability of a breakthrough here is low, and a sharp decline is more likely. Therefore, my current trading strategy is mainly short selling, with the target below 1970. This is a relatively large space...
Gold bias for this idea is for a bearish move to take place around the 2060 mark where a 5hr supply zone lies. I am anticipating a bit more upward movement in the form of distribution, my plan is to execute sell positions once the price enters my Point of Interest (POI), intending to fill the significant imbalance left by the FOMC news event. Additionally, there...
XAUUSD (H1) is creating a pattern of narrowing the price fluctuation range. Buy Stop at: 2041 Stop loss at: 2027.77 Take profit at the Fibonacci extension (1): 2087 Capital management 2%
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves and Corrective Waves " abc " in Short Time Frame. Consolidation Phase as an Corrective Pattern in Short Time Frame. Breakout and Retracement for Break of Structure Entry Precaution : Wait for Breakout and Retracement of UTL / LTL
Also last night - early this morning, the US economy announced more positive economic and employment data. Specifically, the number of first-time applications for unemployment benefits last week was at 202,000 applications, lower than the forecast 220,000 applications and lower than the previous week's level of 221,000 applications. Along with that, annual retail...
XAU-USD went down but Has almost reached a support Level now at 1971.5 from where I will be expecting a rebound And a move up !