According to the H4 chart, the short-term outlook for the XAU/USD pair seems favorable, despite a slight loss in upward momentum. Technical indicators have flattened out after crossing into positive territory, as the pair consolidates near daily highs. Gold has also recovered above the 34 EMA and is trending upwards. However, the $1,970 level has seen...
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Gold and copper are currently buoyant as the dollar falls sharply on Fed pause bets. This presents a fantastic opportunity for you to invest in gold. As you may know, gold has always been a safe haven for investors during economic uncertainty. With the current state of the economy, now is the perfect time to invest in gold. Not only is it a safe investment, but...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Ascending Triangle in Long Time Frame as an Corrective Pattern RSI - Divergence Completed Impulsive Waves and " ABC " Corrective Wave Break of Structure Double Bottom Impulse Correction
On Wednesday, the US dollar experienced significant fluctuations, but ultimately ended the day with little change. The main factor affecting gold prices was US Treasury yields, which supported the US dollar. Currently, gold prices are stabilizing after a recent decline, but if the market worsens, the US dollar may become a safe-haven investment, which could limit...
Technical analysis: A downtrend is currently taking shape, indicated by the 34 EMA being positioned below the 89 EMA. The price of gold has been moving sideways for some time now, but with a need for liquidity, it is likely to continue trading in a narrow range of 40-48 before breaking out of this pattern. The RSI indicator confirms the downtrend, but its...
Technical Reason For Fall RSI 14 below 50 and tends to be bearish in 1H Time frame Stochastic Indicator Overbought and Crossed 80 which Indicates Sell Movement Overall Outcomes 🔹FX SIGNAL GOLD SELL 1946.47 SL 1955.00 TP 1935.50
As the world is facing a global pandemic, securing our future financially is essential. And what better way to do that than by investing in gold ETFs? I am thrilled to share with you that gold ETFs have enjoyed further net inflows in May, and it's the perfect time to jump on the bandwagon and invest for safety. Gold has always been a reliable investment, and it...
• Gold experienced a bounce upwards on June 5th, 2023 , reaching a low of 1938.00 . • Today, it dropped from 1968.00 to 1941.00 , indicating a downward movement. • RSI (Relative Strength Index) Analysis: • RSI 4 on the M15 timeframe is in great oversold territory . • Divergences are being observed, suggesting a potential uptrend . • The...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Falling Wedge as an Correction in Long Time Frame with the Breakout of the Upper Trend Line Impulse Correction Divergence - RSI Break of Structure Completed " 12345 " Impulsive Wave and " AB " Corrective Wave S / R Level
XAUUSD/GOLD Technical Analysis. Timeframe: Daily. Downtrend, Uptrend
there is a FL up ahead which avoids price to go further, I believe this Fl will consumed ASAP and the price will go for next demand zone. TP is the next supply zone that can be a good place for LONG! ⚠️ Notice: I will enter one third of my position when price touch the box and the rest of it in the middle of the box. My TP would be R/R=3 and 5. Please trade with...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Break of Structure RSI - Divergence Completed " 12345 " Impulsive and " ABC " Corrective Wave Impulse Correction SMC - CHoCH Falling Wedge as an Corrective Pattern in Long Time Frame with the Breakout of the Upper Trend Line and Retracement
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
XAUUSD price expected to reverse from 1973-74 taking price to 1922 which will be a buying zone for swing traders. Please like and share for more
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Consolidation Phase S / R Level Divergence Completed " 12345 " Impulsive Wave and " AB " Corrective Wave SMC RSI - Divergence Bullish Channel with the Breakout of the Lower Trend Line
A simple analysis of the gold market based on market structure, next week gold could continue down to the buy zone, then I expect it to rise to fill the imbalance and form a head and shoulders pattern, after which we'll have a high probability configuration for the downside. What do you think? Follow for more.
OANDA:XAUUSD A simple analysis of the gold market based on market structure, next week gold could continue down to the buy zone, then I expect it to rise to fill the imbalance and form a head and shoulders pattern, after which we'll have a high probability configuration for the downside. What do you think? Follow for more.