Gold after big rally now enter in Consolidation or correction zone. 2424/2454 major Resistance. If not close above we seen profit booking. Min. 2 to 10%
Here on gold price has made a reversal showing that the seller has step in so going for SHORT is needed and targeting profits at level of 2373.04
@All Last night GOLD created a new peak. As for me, I have a very careful analysis that if GOLD breaks through the 2346>2348 line, I will go Buy. Anyone watching can see that I texted that order very carefully. With GOLD price setting a new peak and tree D1 having a reversal phase from 2326>2379 >Today, all traders are watching to sell GOLD according to RSI around...
XAUUSD continues to hold steady even in the face of strong economic news. A range between 2366 and 2330 is being established, with buyers and sellers vying for lower price levels. Today, the market awaits PMI and Initial Jobless Claims announcements. Yesterday, we saw CPI figures higher at 0.4% instead of the expected 0.3%, with inflation rates at 3.5%. This...
Have taken an impulse sell on gold. I believe liquidity needs to be grabbed to continue the move up. I have placed full TP at the nearest 4 hour resistance and stops above current daily high. Confirmations 1. Daily no top wick 2. Has not re-tested daily support levels ye 3. Hourly no bottom wick
Today's gold price for spot delivery on the world market is at 2,330 The world gold price plummeted by 20 USD within half a minute after the US announced that inflation exceeded market expectations. Inflation in March increased by 0.4%, higher than 0.3% as expected. This puts the US Federal Reserve (Fed) in a "dilemma" in planning monetary policy. The consumer...
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) fell on Wednesday due to strong US consumer inflation figures, which reduced expectations of a rate cut by the Federal Reserve. However, it recovered during the Asian session on Thursday amid a weaker tone in equity markets. The prolonged higher interest rates by the Fed and...
Today’s gold trading conditions are as follows: 1. Xauusd:@2340-2342 Sell, TP:2328 Profit: + $3708 2. Xauusd:@2341-2345 Sell, TP:2336 Profit: + $8609 In gold trading today, I repeatedly relied on the 2340-2345 resistance area to short gold, and hit my expected target positions of 2328 and 2336 respectively.So far today, I have made a profit of more than FWB:12K...
The CPI data released today was beneficial to gold shorts. Gold fell sharply and then quickly rebounded to around 2350. The resistance in this range is still very obvious. At the same time, the 4h chart shape is not friendly to bulls. In the 30m chart, it is temporarily beneficial to bulls. The focus is still on observing the resistance in the 2346-2354 range....
Gold's rebound in the U.S. market yesterday seemed a bit strong, but soon began to weaken and come under pressure. Gold was directly short at 2179, but gold still fell. It harvested a wave first, and continued to be short after today's rebound. Gold's 1-hour moving average has also entered a dead cross short position, and after gold's 1-hour inverse V reversal,...
These past few days, I've been consistently pointing out that gold has reached its peak, and today is no exception. I'm preparing to sell again at the rebound high around 2342-2340. From a technical perspective, the current hourly moving average for gold has started to turn, and the MACD indicator has formed a death cross pattern. Additionally, it has already...
Dear friends, this morning we shorted gold at 2340, and successfully touched TP: 2328, thereby winning our first win today and making a huge profit! According to the current trend of gold, as gold fell below the rising trend line multiple times yesterday, the momentum of gold bulls gradually declined, and gold currently maintains a volatile downward trend in the...
Hi Traders Gold price is ready Gold currently experiencing worldwide Up trend has reached its highest price ever I predict that the market will bounce back From the resistance level move towards the Nearby support level Gold now 2339 Target zone 2300 If this post is useful for you You can support me with like And advice comments
traders Gold price is ready to fly My dear subscribers My technical analysis is for Gold below The price is coming around a solid key Level 2338 Bis_ Bullish Gold market now 2338 Target zone 2288 Technical indicators Pivot point low anticipates a potential price reversal Super trend shows a clear buy giving a Perfect indicators convergence perfect Indicators...
In one hour, the structure has changed and we expect a decline
Gold price continued its upward trajectory, reaching a record high of $2,3545 in the Asian trading session on Monday. However, it later retreated below the $2,335 mark as market sentiment shifted, dampening the demand for gold. Before resuming its upward trend, gold price dipped to a low of $2,305, coinciding with the 20-day Simple Moving Average (SMA) touching....