The intraday trend of gold is not strong, and overall it still remains within the ascending channel. The current channel low support is at the 2325 line and is still rising. At the same time, the moving average continues to maintain the golden cross trend, and then gold falls back. Near the support below, continue to be bullish on the 2329 line in the evening!...
The current chart pattern of the large level (4h) is in a short trend. After the small level has fallen, there is a rebound demand, so this week's trading focus is mainly on short selling after the rebound. Friends who want to catch the rebound market should pay attention to risk control and it is best not to be too greedy! The short target will first look at...
Hi traders XAU/USD 1ST TP GOT HIT. We lets keep holding until last tp. Certified king of Price action.
OANDA:XAUUSD Our last idea on gold turned out to be 700+ pips opportunity, here we have seen some bearish movement that has started happening. There are some areas that needs to be filled around $2330 area which remain a vital key level for buyers. Please use accurate risk management and do your own research.
Considering the upward trend of gold over the past several weeks, we now expect a correction. Taking into account the one-hour structure, we can enter trades in the specified areas.
Now Rising Wedge Pattern Target achieved. Wait for completion of Retracement to Next Trade.
Gold hits the resistance level, and the indicator needs to be repaired. Go short first and pay attention to the support near 2352. Go long if it does not fall below. The rebound resistance is near 2368-2373. If it cannot reach the breakthrough, go short again, with the target near 2343-2337
A simple trade idea into Fridays low. As price has already tapped into a key buyside pool on Friday, I'm anticipating a bearish continuation towards sell-side pool below yesterdays low. Potential RR on this setup is a 1:3+
After the bullish signal with the extremely strong marubozu candle on the daily, the price continued to go up in the last session of the week, the 2360 level that we are observing was also penetrated, but by the end of the session the selling pressure returned. and forced the price to fall below this level, creating a rather long candle shadow above - the bearish...
If every body accompanied closing night, I analyzed in pretty element the Gold Price Range and Ma`s Trend. >With the Current Price Range and Marginal Margin, this Morning anyone is looking to Buy GOLD round Zone 2352>2356 SL 2350 TP 2362>237x >Because the principle fashion of the marketplace is Buy, Gold can nonetheless boom returned to 24xx withinside the close...
This week we expect downtrend on gold look for sell opportunities. Follow us for more forex signals
My gold analysis suggests potential selling opportunities either from the current price level or at 2390. This decision is influenced by the fact that price has now entered a strong 8-hour supply zone, which is at a premium level. Additionally, despite the bullish momentum observed in price recently, there has been a noticeable slowdown in momentum on lower time...
🏃♂️ Gold is moving near the 🔴 Resistance zone($2,338-$2,318) 🔴and Resistance lines . 📈In terms of Classical Technical Analysis , Gold is completing the Falling Wedge pattern . 🔔I expect Gold to continue falling to the Support lines and 🟢 Support zone($2,272-$2,250) 🟢 at least. Gold Analyze ( XAUUSD ), 4-hour time frame ⏰. Do not forget to put Stop...
Because the number of people filing for unemployment benefits in the United States increased more than expected that week, it strengthened the market's bets that the Federal Reserve will cut interest rates this year; in addition, the failure of ceasefire negotiations in the Middle East increased the market's concerns about the situation in the Middle East, and...
I m posting as per my trade expert Short selling trade setup on XAUUSD Wait and watch for this trade ( trade on your on risk ) this is only for educational
We dive deep into the recent movements of Gold (XAUUSD) following the release of the US Nonfarm Payrolls (NFP) data. On Friday, Gold initially surged to the $2,310 zone after the NFP numbers missed markets' expectations, signalling a cooling jobs market. However, bears quickly took control, pushing the price back into a demand zone identified on the chart. The...
Gold has been rising slowly today without any correction, but it is not yet certain whether the rise in risk aversion can continue to amplify. Gold will continue to rise, and there must be news to stimulate further support. Gold has now reached the early intensive resistance area, and beware of a pullback under pressure.
TP: 2214.979 SL: 2400.746 In this trading strategy, we present a compelling opportunity for a short position on the XAUUSD currency pair, focusing on the 1-hour timeframe. By incorporating key technical indicators such as the Exponential Moving Average (EMA) 200, Moving Average Convergence Divergence (MACD) for trend analysis, and Supertrend for entry signals,...