Gold technical analysis: Gold continues to be bullish during the day. Gold rose rapidly last night and then retreated quickly. It is quite similar to the previous trend. The short-term trend shows a volatile upward pattern. The pressure of the 1953 mark, which has been optimistic before, arrived as scheduled and broke through to stabilize. , the current...
As the intensification of conflicts in the Middle East boosted demand for safe havens, gold prices continued their gains. Since Hamas' sudden attack on Israel earlier this month, gold prices have risen by about 5%. The price of gold has risen strongly since the beginning of today's trading and is close to the waiting target price of US$1945.20 per ounce....
🌟 The latest strong price push in the large H1 bar recently broke the recent peak, setting a new high price peak, continuing the upward price trend on H1 for gold. But at the same time, that strong H1 bar also caused gold to push above the upper border, a sign of overbought conditions. Because overbought is appearing in both time frames, H1 gold is best to wait...
Gold Analysis October 19: Fed Chair Speaks - Fundamental analysis: Yesterday, gold prices rose by more than $40 from 1922 to 1963, and then fell by around 1950. The reason for supporting gold at this point is probably still the conflict between Israel and Palestine. The current war is extremely unilateral, with the United States claiming to be behind Israel, but...
✍✍ Campaigns, signals and analytics OANDA:XAUUSD ✍✍ 📣 📣 GOLD MARKET ANALYSIS AND COMMENTARY - WEEK 42 - 2023 ✅✅✅ Market Comments OANDA:XAUUSD ✅✅✅ ✅ Exceeding expectations, international gold prices this week have had a positive recovery, rising sharply from 1,831$ to above 1,932$ and closing at 1,934$. ✅International gold prices increased sharply...
Currently, gold has fluctuated quite gently as the influence from the FED and the war has gradually dissipated. The market will focus on tonight's US retail sales, if retail sales are announced well. Gold will be under pressure but not much. If the announcement is bad, gold will increase sharply until at least 1950. . Summary of previous ideas: sell at the peak ....
Gold prices hover around $1,950 after retreating from the two-month high of $1,962 in early Asian trading on Thursday. The precious metal's recovery is bolstered by increasing political tensions in the Middle East, driving a safe-haven rush. From a technical standpoint, the daily chart of XAU/USD suggests further upside potential. The pair has surpassed all of its...
Hello traders this is my analysis for the xauusd,Based on the fib i can see a great zone that can change the direction of the market so i will go to catch the flight... and as always risk managment is the key.
The war between Israel and Palestine spreading fast and other countries are getting involved in it, which is much dangerous situation. In this regard people are converting their money into GOLD, that's the reason of bullishness in GOLD.
Hello Traders, The OANDA:XAUUSD Continue the movement to the upside due to fundamentals and respecting the technical analysis for bullish movement we break many Structure all the way app it riskier to Counter Trade it better to go with the Trend or we have to wait for Solid Confirmation for the Reversale or Shift in the Structure, for now we still have the...
I was looking short on GOLD and made a decent profit even though didn't reach my target. I was expecting pullback to 1885 and get rejection then go down. This weekly candle made GOLD bullish. Here are the few things telling me GOLD to go up. 1. Broke tiny down trend holding since MAY. 2. If you look at it was just pullback and preparing for higher high 3. Making...
#XAU is trying to break bearish channel. This scenario will be invalidated if price returns into the bearish channel and closes weekly. NOT FINANCIAL ADVICE.
Hi traders, what do you think of GOLD? The past 2 weeks, following economic news and war news, and by reaching the support zone of 1800, gold has grown amazingly and reached the ceiling of the channel. It is now expected to start an upward movement after a correction to the 1880 zone. If this post was useful to you, don't forget to like and comment.
In this trading idea, we'll explore a potentially profitable strategy for buying gold by utilizing a combination of technical analysis tools. We'll focus on key factors such as critical support levels, Fibonacci retracement levels, order blocks, and trend reversals.
Hello trader, I'm back with my best analysis. Let's trade with me ❤️ ① Currently, gold prices are still rising at a high level, forming a "small triangle" chart pattern in the short term. The market could start a new short-term trend tonight. ② Since Powell will speak on Friday, If in this case: Plan A. If gold prices strongly break out of the "small triangle",...
While the Israel-Hamas conflict shows no signs of easing, Alexander Zumpfe, precious metals trader at Heraeus, said investors are increasingly looking for stable investment opportunities during times like these. so and gold once again met these expectations. In addition to developments in the Middle East, investors are also keeping an eye on the stance of US...
The Palestinian-Israeli conflict is not over yet. Palestinians and Hamas say Israeli air strikes on hospitals in the Gaza Strip have killed more than 500 people. The Israeli military said the attack on hospitals in Gaza was carried out by Jihad, which the group denies. Russia has asked the Security Council to hold an urgent meeting on this issue. Jordan canceled...
Important statements by ECB member Ben about inflation and tightening approaches ➡ Yesterday, Monday, in an interview, European Central Bank member Philip Lane made the following statements: - The European Central Bank's decision to raise interest rates took longer than the US Federal Reserve's decision due to several factors. - In 2021, demand played a more...