I traded a long gold order today. I believe that friends who followed me must have made money, and the profits were good. My signal is to go long in the 1947-1941 range, with TP set to 1953, 1957, and 1963-1967 respectively, and all goals are completed. If you missed today's transaction, it doesn't matter. In the future, I will share some trading signals...
📈🌟 Gold Market Analysis: Potential Retracement Ahead Gold has been on a bearish trend over the past month, but the recent developments indicate a possible retracement. Notably, the DXY (US Dollar Index) has broken its structure to the downside and re-entered a range that dates back to August 30, 2023. This shift in the DXY suggests a change in the gold market....
I'm following smart money concept here and gold has entered the buy zone according to it target to the upwards come to near 1970 zone which is peak at the 1 hour time frame tomorrow and day after tomorrow are really crucial for gold with us cpi and retail sales news in line this week
1945 go long directly Gold is obviously still strong. The big positive line erected to stop the decline. This is the big positive line at the bottom, and two consecutive big positive lines directly stand on a new level, covering the range of the negative line. This is strong. At the same time, the 50-day moving average shows a clear upward trend. It worked, and...
The current MACD dead cross shrinkage is gradually consolidating, and the smart indicator STO's hook is repairing upward, which means that the daily line is a shock-biased rebound trend. However, the current candle chart is suppressed by the moving average MA10 and the parabolic turning point, which suppresses the 78.7 line. At the same time, the candle chart...
Hello dear traders, In the global gold market, on the 1-hour timeframe, we are witnessing a downward trend where the price, after forming a bottom at 1931.5 and making an upward spike, indicates the possibility of forming a price pivot. We have two scenarios for the movement of gold: 1. If the trendline is broken, we expect further price growth. However, 2. if...
Hello guys, have a good day! Yesterday candlestick D closed one candle. Increasing pressure is above the 45 resistance zone. It is likely that this morning the 1 session will accumulate or distribute to continue following the downtrend. The following milestones need to be noted for effective trading. 🔵 support zone 𝟑𝟗- 𝟑𝟖: Yesterday's price mixed the...
This is the 30m chart of gold. The shape is very similar to the previous decline. The key support is 1943 and the resistance is 1948. If it falls below the support, go short and if it breaks the resistance, go long. If you don’t have time to observe the market, you can find me
Although the golden day is a shock that has come to an end, the rebound is very weak! This means that the bulls are powerless and will continue to fall. Then we will continue to short the U.S. market. We will go short at the current price of 1938 in the U.S. market and continue to look for new lows! From the trend point of view, gold is still in a downward...
After the short-term trend of silver fell and tested the low near 21.86, it gained support and quickly rebounded upward. The price of silver broke through the downward trend line pressure, but from the perspective of the moving average system, the objective trend has not entered an upward trend. The further rebound space of silver price is limited. It is...
Federal Reserve Chairman Powell made hawkish remarks: Speaking at an expert meeting of the International Monetary Fund, Federal Reserve Chairman Powell said that it is too early for the Federal Reserve to announce an end to the historic interest rate hikes of the past two years. Under appropriate circumstances, it will There will be no hesitation in further...
Federal Reserve Chairman Jerome Powell spoke on Wednesday and did not comment on monetary policy or the economic outlook. Powell will continue to make remarks on Thursday. If he continues to express the same view as at the October interest rate meeting - that high interest rates will be maintained for a long time, then gold may continue to be under...
Gold has continued to fall recently, hitting its lowest level in more than three weeks. Several Federal Reserve officials have warned against betting that the central bank will not raise interest rates again, and the weakening demand for gold as a safe haven has also put pressure on gold prices. Today's analysis shows that 1930 is an important support area for...
The price of gold is drawing attention as it hovers around $1,946 USD during the early hours of trading in Asia on Tuesday. The precious metal's price surge is supported by a weaker US dollar and a decline in US Treasury bond yields. Investors are closely monitoring the US Consumer Price Index (CPI) data for October for fresh market cues. The daily chart of...
Gold fell rapidly at the opening of the market today, and some brokers fell as low as 1918. This week, we need to pay attention to the release of major U.S. data, including the October consumer price index (CPI) released on Tuesday, which will further affect the market's expectations of the Fed's movements after 2023. By Wednesday, the market will turn its...
Gold Did Exactly I predicded. Falling wedge was broken And gold bought from my mapping zone 1932 to 1947.
Analyzing enhanced prints from the CME Group for the gold futures market, open interest continues its downward trend, dropping nearly 7,000 contracts on Friday. However, volume has increased for the second consecutive session, this time by approximately 39.8 thousand contracts. Gold appears to find support from the 200-day SMA While gold prices experienced a...
The daily chart for OANDA:XAUUSD shows the risk skews to the downside, as technical indicators aim marginally lower within negative levels. Still, the pair recovered above the 38.2% Fibonacci retracement of the daily advance between $1,810.41 and $2,009.34 at $1933.20, an immediate support level. At the same time, the intraday slide briefly pierced the 100 and...