GOLD now has a bullish impulse that made it cross the 1800 resistance mark ! Will it go further and breakout from the handle and move higher up? The target seems to be 2,500 based on the depth of the cup. Let me know what you think?
Emergency situations As Iran launches a large number of missiles and drones towards Israel, risk aversion has increased, and gold will jump $50 higher at the opening tomorrow. 1. Federal Reserve-Goolsby: If the PCE expands again, the Fed will stabilize prices. Schmid: There is reason to think that interest rates will remain high for a long time. Bostic: The...
Gold gathers bullish momentum ahead of the weekend and trades at a new record high above $2,400. Escalating geopolitical tensions help XAU/USD continue to push up despite the broad-based US Dollar strength. From a technical perspective, the strong positive momentum remains uninterrupted despite the extremely overbought Relative Strength Index (RSI) on the daily...
Gold prices are poised for a technical bullish rally on the daily timeframe, supported by Elliott Wave analysis indicating a 12345 pattern. This follows a 50% retracement and completion of the fourth wave, accompanied by bullish price action. Furthermore, bullish fundamentals are reinforced by escalating geopolitical tensions, such as Iran's retaliatory drone...
XAUUSD LONG ONCE AGAIN TOWARDS 2400 Currently shaping smaller triangle inside a big triangle which is expected to break from 2360 & move for another 400 pips to touch 2400 & then after breaking the bigger triangle Gold will fly once again towards 2480-85 in sha Allah
Gold is so crazy today, it has not seen such violent fluctuations in a long time. Due to the sudden war news, it quickly broke through 2400. After reaching around 2430, it started a plummeting mode, with a drop of nearly $100. Maybe it's a coincidence, but we can't rule out that this is controlled by funds. Bulls are creating shipping opportunities....
Market Analysis PT1/2 (15th April 2024) XAUUSD Analysis On the 15 minute Timeframe, Price broke above the 15 minute lower High, creating a Change of Character. To Confirm a bullish Bias, i would want to see another Bullish BOS to continue buying gold all the way to the ATH. However, if price fails to do so and ends up breaking the 4 hour Bullish OB, then...
Gold has once again created an all-time high, our main trade is still dominated by dips, focusing on the resistance below 2365, you can buy! Today's rally to near 2400 has not seen a significant pullback, and our trading is just a scalp! I will tell you the follow-up operation, if you want to follow me please join me!
✍️ NOVA hello everyone, Let's comment on gold price next week from 4/15 - 4/19/2024 🔥 World situation: Gold price ended the week with slight gains of 0.59% after reaching a record high during the North American session on Friday. The price movement was volatile due to geopolitical risks, which led to a surge in demand for safe-haven assets. As a result, the...
As long as it stays above the 2320 point, it will make new highs. but there is an important 2265 point. As long as it makes new highs in LTF above these points, I take a long position. No Fear. Good Luck.
Last year projected range (Left) This year's Fib range (Right) Look at the related trade ideas - works on all timeframes obviously.
The allure of gold has dimmed somewhat this week, with prices slipping after a surge that saw them breach the psychologically significant $2,400 per ounce mark. This pullback suggests that the recent rally, fueled by heightened geopolitical tensions and economic uncertainty, may be reaching its peak. Gold's Allure: A Haven in Uncertain Times Gold has long been...
This is the 4h chart of gold. A simple analysis using the MACD indicator shows that it is currently close to a dead cross. At the same time, there has been a serious top divergence, and other indicators are also showing obvious weakness. In short, gold bulls are now in a situation where they are unable to continue. There are only two ways to accumulate power,...
Gold has risen again when the support is effective. Trading after a sharp rise like this is very simple. You can't go wrong by going short, because after a sharp rise, the indicators need to be repaired. So if you want to trade, just go short and just pay attention to the support levels. At present, the support is first around 2374, then around 2366, and then...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold prices (XAU/USD) hit a record high near $2,390 during early Asian session on Friday due to market expectations of a US Federal Reserve interest rate cut. Chinese central bank's gold purchase and ongoing geopolitical tensions in the Middle East also contribute to the increase. Analysts predict that...
In this video on XAUUSD, we delve into the recent surge in Gold prices, which soared to a new all-time high above $2,330. This bullish momentum was driven by various factors, including a robust March Nonfarm Payrolls report in the United States, which tempered expectations of an imminent rate cut by the Federal Reserve. Gold's price movement continues to be...
XAUUSD at Support 2365-75 zone. Perfactly placed for last r staying area before jumping for the last time towards 2550.
Hello everyone , in this chart possible targets are shown . I see Gold 2200 and 2400 in mid term(under 6 month ) , we can see that the histogram of macd in monthly time frame and also the rsi in weekly are showing the power of possible bullish move. feel free to ask question . Thank you for your attention . this is not a financial advice . ...