As we had a rally upward last week and got tons of Profits following Technicals as well as this week is concerned still bullish in GOLD Confluences Price is following a bullish channel and show some rejection from channel last week 50 SMA on H1 is also bullish From Monthly to weekly to daily to H4 to H1 to M30 to M15 gold is all bullish Geopolitical...
hello guys. Uptrend Structure: The price remains in a strong upward channel, with consistently higher highs and higher lows, indicating a bullish trend. Resistance Levels: Immediate resistance around the $2,747 zone; a breakout here could lead to a rally towards the top of the channel. Support Zones: Multiple support zones have formed, with notable levels...
**XAUUSD: 1-Hour Chart Analysis** Hello Traders, Gold experienced a surge, reaching 2605 before reversing its direction. Investors anticipated a decline below 2700$. However, the price rebounded to 2743$, filling the volume gap and subsequently dropping to 2715$, which marked the last low. Despite this, the price failed to establish another lower low....
I know this mf always pull some stuff to my house :skull: These are basically my idea. Hope i can help
Dear traders, we bring you better trading strategies every day. We hope you will leave your support after watching. Today's operation strategy is mainly long, pay attention to the opening direction of today, support level 2725-2730, resistance level 2760. Position building strategy: short near 2755/2760; long below 2725/2730. If it breaks near 2760, stop loss...
Dear traders, we bring you better trading strategies every day. We hope you will leave your support after watching. The intraday operation is recommended to be mainly low-long, supplemented by high-short. For the lower support, pay attention to the 2720-2723 area. Above it will help the bulls to test and break through 2740. If it is taken by the bears, focus on...
Yesterday, after experiencing a rebound, gold faced resistance again and pulled back, which is largely in line with our expectations, allowing everyone to achieve good profits. Currently, the short-term trend remains downward. As I mentioned yesterday, we are primarily watching the key support zone between 2718 and 2712. Today, gold touched this support area...
Dear traders, we bring you better trading strategies every day. We hope you will leave your support after watching. After CPI and the number of people receiving unemployment benefits, the US dollar index rose and fell, and gold rebounded upward, allowing the previous weak pattern to continue to return to the range operation. In addition, based on the fact that...
Dear traders, you need to be cautious when trading. You must set stop loss and take profit for each transaction. This can better protect your account from being stuck. I will continue to update the crude oil trading strategy. Technical analysis of gold: Gold fluctuated yesterday, opened low in the morning, stabilized and rose at 2643, but fell back in the...
As expected, gold rebounded today, reaching a high of around 2743, and then the price fell again. The shorts who entered at high levels made profits again, and everyone made good profits. The current price is still falling, and the upper resistance is dense. Shorts seem to have become the focus of short-term trading. From the perspective of pattern construction,...
XAU / USD trend forecast October 25, 2024 Gold prices rose on Thursday as falling US Treasury yields drove demand for safe-haven assets. Increased tensions in the Middle East and concerns about the US election are supporting gold. At the time of writing, XAU/USD is trading at $2,734, up 0.72%. Despite improved risk appetite, as seen in Wall Street's positive...
XAUUSD BUY LIMIT ORDER Entry Price : 2712.78 SL : 2702.78 TP : 2742.78
The number of initial jobless claims in the United States hit a new low, indicating that the job market is improving and may reduce demand for gold; secondly, global central bank monetary policies have a significant impact, and loose policies support gold prices, but future policy changes may restrain the rise; thirdly, the situation in the Middle East Tensions...
Gold is consolidating in a symmetrical triangle on the 1H chart, Watch for a potential breakout from this zone move above $2740 could lead to further bullish momentum towards $2760, while a breakdown below $2710 may open doors for a bearish move down to $2690 with neutral RSI, both directions are in play depending on the breakout Keep an eye on price action...
GOLD is going down Now but will soon hit a rising support line from Where we will be expecting a Local bullish rebound !
This week’s gold strategy has achieved a remarkable 100% success rate, with those who closely followed the trades seeing a 200% profit—congratulations to everyone on consistent gains! Today marks the final trading day of the week, and this key setup will define our closing profitability for the week. Fundamental Analysis: The “U.S. Initial Jobless Claims for...
After the rebound, gold has dropped again, now breaking below MA60, with short-term moving averages acting as resistance. I believe it’s prudent to continue selling today, with signals already shared at the market open—our regulars have already enjoyed some profits. With the current rebound, I recommend using MA60 and MA30 as reference prices for selling,...
From the market point of view, yesterday's high consolidation showed the strength of the bulls. Although the price was under pressure from the high point of 2750 and ran below 2740, it does not mean that the bulls have lost their advantage. As I said in the previous period, 2685 is considered to be a correction if it is not broken. In terms of the daily structure,...