BEARISH ENGULFING ? If i am seeing correctly then this will hit target during LDN session.. One out of many.. Lets get stuckinprofit.
As long as Gold remains in an unfamiliar zone, we cannot accurately predict its retracement levels. Therefore, we rely on the traditional bolingerband. As shown on the chart, we anticipate Gold's levels where we might witness reversals or retracements, namely 2285, 2290, and 2398. These levels are expected to be reached soon. Currently, we do not recommend any...
Gold hit some other file top all through today`s buying and selling consultation as buyers grabbed the safe-haven asset amid growing tensions withinside the Middle East, in large part ignoring a more potent greenback and putting bets on guess on US hobby price cuts. “We see a few safe-haven call for pouring into gold, associated with the Israeli assault at the...
Today’s gold trading situation is as follows: 1.Xauusd: @2256-2258 Sell, SL:2266 Loss: -4000 2.Xauusd: @2263-2265 Sell, TP:2255 Profit: +5532 3.Xauusd: @2273-2275 Sell, TP:2255 Profit: +7184 4.Xauusd: @2276-2278 Sell, TP:2255 Profit: +8520 In today's gold transaction, although one of them touched SL: 2266, resulting in a loss of 4K, overall, I...
Behind a strengthening background and a bullish scenario, it can stop at the upper price channel and Fibonacci congestion area around 2311. We can Short GOLD from that point to the 2130 area.
Dear friends, due to the escalation of the geopolitical conflict in the Middle East due to the Israeli air attack on the Iranian consulate, gold rose for a time and once again set a new historical high. The current maximum has reached around 2267. Judging from the current trend of gold, the position of 2267 is very extreme, because from a technical perspective,...
Dear friends, due to the escalation of geopolitical conflicts in the Middle East due to the Israeli air strike on the Iranian consulate, gold once rose and set a new historical high again, with the current highest reaching 2266.8. Judging from the current trend of gold, the position of 2267 is very extreme, because from a technical perspective, this position...
Gold continues to rise in Asian markets. Continuing to the London market. The current price of gold remains at 2261. Combined with the high point ahead, visual inspection shows a double top trend. This is not a good trading position at the moment. Focus on paying attention first. If it breaks through the previous high point and fails to stabilize later, you can...
Simple trading: M - Pattern "Double top" We look to sell gold for a correction. Gold is respecting the trend, but if the price fails to break above 2265, it could see a possible downside after its massive bullish impulse. When U.S. bond yields rise: - Gold prices might decrease as investors find bonds more attractive due to higher returns.
By checking the gold chart in the 1-hour time frame, we can see that the price was able to correct up to $2228 last day, and then it started to grow again, and now gold is trading in the supply range of $2256! Note that the only supply level in front of the price is $2256 to $2266 and we may have a negative reaction to this level again! If the price starts to...
XAUUSD appears to exhibit a Rising Wedge Pattern on the M15 timeframe. If valid, the target for the decline is $2226.45.
Gold currently holds key support at 2144 - 2149 and faces resistance at 2158 - 2163. It awaits interest rate news, anticipating a fluctuation of 200-400 pips in response. Stay tuned for potential market moves as events unfold.
Gold retreated from its recent record high of $2,265.58 per troy ounce, initially gaining ground during Asian trading hours before reversing course in European sessions. Currently hovering around $2,250, XAU/USD finds support from the robust rally of the US dollar following better-than-expected US ISM Manufacturing PMI results. Technical analysis suggests that...
Gold, the precious metal that has fascinated humanity for centuries, holds a unique place in our collective consciousness. Its story weaves through the annals of history, intertwining with tales of wealth, power, and cultural significance. From ancient civilizations to modern societies, gold has been treasured as a symbol of opulence and prestige. Its shimmering...
Drawing insights from Dow Theory and personal speculation, my technical analysis indicates a sustained bullish trend for XAUUSD over the long term, with a projected peak at 2209.32 pips. Anticipating a retracement to revisit its recent low before resuming its upward trajectory, the analysis suggests a potential retest of the previous low before embarking on a...
Gold prices have surged to a two-month high, reflecting renewed investor interest and economic uncertainties. As of the latest data, gold is trading at , marking a significant increase from previous weeks. This surge is attributed to various factors, including . Investors are closely monitoring gold's performance amidst evolving market dynamics and are poised to...
From the current market situation, gold peaked around 2275 before encountering resistance and retracement, with the current low point being around 2229. For now, it appears that the bullish momentum has somewhat eased after a strong breakthrough. Additionally, with the continued strength of the US dollar, a return to a bearish sentiment is quite normal. Gold...
Marking key levels for the next 1-2 weeks: First zone around 2204 for fresh buyers, while considering sell-side opportunities if price drops towards 2153. Potential buying may occur thereafter.