During the Golden Day session, Gold experienced a significant upward gap at the opening, driving a strong momentum of over 300 pips towards around 2265. Subsequently, Gold initiated a corrective move from the European to the American session, retracing to test the earlier gap area. Ultimately, the H4 candle found support at this level, followed by a bullish...
GOLD MARKET UPDATE : Can a sustained rate cut outlook maintain Gold's rally? - Gold hit its all-time high yesterday after the JOLTS Job Openings release. - The data showed a more steady result with 8.756 mln job openings, up 8k from the previous month. - However, the data may not have been sufficient to alleviate concerns about the US labor market's overall...
#XAUUSD 2024.4.3 📈Market Direction During the last 3 days of this week, the market will fluctuate very strongly due to news about unemployment, especially Norn-farm on Friday. I remind you to reduce volume and always manage capital when entering orders. About today, the opening price of gold is above the pivot and POC so the direction is BULLISH. I will wait...
Gold is currently under pressure at MA5 (2252-2254). If it breaks through, focus on the resistance of 2258-2263, and the support below is 2246-2241. If it falls below the support, consider the 2226-2218 range. If it falls to around 2226-2223, you can try to trade long and pay attention to controlling the position. The rebound resistance will be concentrated at...
As long as Gold remains in an unfamiliar zone, we cannot accurately predict its retracement levels. Therefore, we rely on the traditional bolingerband. As shown on the chart, we anticipate Gold's levels where we might witness reversals or retracements, namely 2285, 2290, and 2398. These levels are expected to be reached soon. Currently, we do not recommend any...
Gold hit some other file top all through today`s buying and selling consultation as buyers grabbed the safe-haven asset amid growing tensions withinside the Middle East, in large part ignoring a more potent greenback and putting bets on guess on US hobby price cuts. “We see a few safe-haven call for pouring into gold, associated with the Israeli assault at the...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) remained within a range during the Asian session on Tuesday. It consolidated its recent gains, reaching an all-time high of around $2,265-2,266. The release of positive US manufacturing data has raised doubts about the Federal Reserve's plans to cut interest rates three times...
Prospects remain positive as investors bet on lower global interest rates, perhaps look for diversification opportunities away from elevated stocks or, in the case of central banks, continue to reduce exposure to the USD (net central bank gold purchases have grown strongly in the past two years, reports indicate). Broadly, history suggests higher Gold prices are...
Gold is in a bullish trend, it retests fib 0.382 now ready to fly till 2300.
Gold's rise has reached its peak again, and the best short-selling opportunity will appear this week. Continue to short! I send accurate signals every day while providing the most professional guidance!
The persistent risk-off sentiment has propelled gold prices higher once again. However, gold is currently at historical highs. Additionally, this week is expected to see a plethora of data and news releases. Trading must be conducted with risk control measures in place and under the guidance of professionals. Personally, I believe that the profit potential for...
Gold continues to rise in Asian markets. Continuing to the London market. The current price of gold remains at 2261. Combined with the high point ahead, visual inspection shows a double top trend. This is not a good trading position at the moment. Focus on paying attention first. If it breaks through the previous high point and fails to stabilize later, you can...
🏃♂️ Gold is moving near the Support line . 🌊According to Elliott's wave theory , Gold is completing microwave 4 of the main wave 5 . 🔔I expect Gold to rise to at least 🟡 Potential Reversal Zone(PRZ)($2,320-$2,280) 🟡. Gold Analyze ( XAUUSD ), 4-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to...
Trading Setup: There is a Trading Signal to Buy in Gold XAUUSD (4h) Traders can open their Buy Trades NOW ⬆️ Buy Now or buy on 2226.4 ⭕️SL @ 2184.3 🔵TP1 @ 2338.5 🔵TP2 @ 2423.6 🔵TP3 @ 2557.9 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning...
XAUUSD appears to exhibit a Rising Wedge Pattern on the M15 timeframe. If valid, the target for the decline is $2226.45.
Gold currently holds key support at 2144 - 2149 and faces resistance at 2158 - 2163. It awaits interest rate news, anticipating a fluctuation of 200-400 pips in response. Stay tuned for potential market moves as events unfold.
Gold retreated from its recent record high of $2,265.58 per troy ounce, initially gaining ground during Asian trading hours before reversing course in European sessions. Currently hovering around $2,250, XAU/USD finds support from the robust rally of the US dollar following better-than-expected US ISM Manufacturing PMI results. Technical analysis suggests that...