From the point of view of the one-hour chart, gold has broken through the track from the upward channel, and the trend after the breakthrough is temporarily concerned. If it is a false breakthrough, the trend will return to the channel room, when we still maintain the idea of dips. If it is a real breakthrough, the lower track of the uplink channel will form a...
Dear Traders, Yesterday was eventful day, Gold dropped till 2291 area and most of the retails liquidity started coming in the market, and as expected price took out most of the liquidity and took the price towards our first selling entry at 2331. However, we have witness strong bearish control at this point and it is likely to see some strong bearish momentum...
Because gold failed to touch the 2300 position area again overnight, I adjusted the TP of all short positions yesterday to 2316. Today, in the early morning, all short positions touched the TP: 2316. Although the profit was much less than expected,but the transaction will be safer after adjusting TP. After that, I caught the rebound profit in the area near the...
Gold creates Double Top pattern it will go down after the double-top pattern will confirm TRADE PLAN: ENTRY AT 2316 TP1 2301 TP2 2285 SL 2335
Gold, as I see it, has reacted pretty genuinely to the aid and resistance area at 2330. Currently, the Gold charge is going for walks withinside the H4 frames and beneath and is absolutely at the Seller side. > With the present day fashion and the charge is going for walks all around the residence today, Canh Sell Gold Next for me >Sell Gold Around 2322>2326 SL...
Gold has rebounded to around 2332 in the short-term. Many people are definitely afraid that gold will continue to rise to a higher level again. Maybe many people are even chasing gold above 2330. In fact, as emphasized in the first two articles, gold has now fallen below the upward trend, and the short trend is now very strong. The short position is far from over,...
Gold started to fall from the 2401 position on Friday, and the lowest has fallen back to around the 2296 position, with a drop of $105. With such a large correction, I believe the bulls are ready to make a move, so can I go long on gold now? Although gold has fallen sharply, it still remains above 2300, so gold has not yet fallen below the upward trend line....
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) experienced a significant drop of over 2% on Monday, marking its largest daily decline since June 13, 2022. This decrease was primarily attributed to diminishing concerns about a broader conflict in the Middle East, which led to a reduced demand for traditional safe-haven...
The short trend in gold is not over yet, and the rebound is an opportunity to continue to give Sell. The 4-hour double top of gold suppresses the rise of gold. At the same time, the 1-hour moving average of gold continues to cross downwards, the short positions are arranged, and the opening continues to widen, and the short positions of gold will continue....
The 30m chart has formed a head and shoulders, with support near 2363 and rebound resistance near 2383. If it does not break, go short. The 4h indicator on the trend is beneficial to shorts. This week, the focus is on short trading. The short-term target is around 2348-2333, and the final target is around 2304-2280.
Dear Traders, Hope you are doing great, Gold declined from 2417$ mark and dropped significantly 600 pips on first day of the week. This implies that Gold is likely to make major correction before it rebound and continue the bullish trend. For us, we can enter now with accurate risk management and target 2300$ first and then our second target can be at $2280. The...
Two zones for selll with blue arrows So these zones will be our options to entry every zone have risks.Make sure before entry we're gonna find confirmation first.
🔨 Gold seems to have managed to break the 🟢 Support zone($2,373-$2,360) 🟢. 📈In terms of Classical Technical Analysis , Gold has formed two Symmetrical Triangle and Rising Wedge Patterns . The lower line of these two patterns is common, and Gold has succeeded in breaking the lower line of the two patterns . 🌊According to the theory of Elliott waves , it...
Hello everyone, first of all I would like to introduce myself, I am Caillan. First of all, I want to explain why my nickname is Hawkeye, because Hawkeye symbolizes strength, determination and speed, which means that we can accurately seize trading opportunities in the market,and persistence and courage will bring us profits and value.In fact, I am not a writer. I...
Gold has been falling all the way today, directly falling below the previous low of 2354, so the decline of gold will continue, and gold is ready to rebound to around 2347 Sell! Gold’s 4-hour double top structure is a bearish pattern. The bulls are helpless after being tossed around today. This is also the biggest change in the gold market recently. The shorting...
Dear Traders, Even after dollar demand increased, the dollar kept its bullish momentum. We now can see Gold dropping and making a major correction possible towards 2280$ and then 2250$. There are two entries to consider. Trade wisely. For more like and comment.
XAUUSD has two strong scenarios: Scenario A - Gold will continue to rise to the 2500 zone. Scenario B - The trend of gold will change to bearish and will fall to the 2146 zone. It means that we have a good risk:reward ratio for a sellers.
During final week`s buying and selling session, global gold at one factor multiplied to 2,402 USD/ounce because of issues approximately war withinside the Middle East. However, a few traders took benefit of promoting to take profits, forcing the gold fee to shut at 2,392 USD/ounce. World gold charges had been pretty calm on account that Iran's navy assault on...