Yesterday, gold delivered a dramatic and unexpected surge, catapulting from $2155 to $2223 USD, marking an impressive increase of 680 pips in a single moment. What could have triggered such a powerful uptick in this precious metal? News Update: The Federal Reserve's announcement regarding the possibility of interest rate cuts later this year sent the US dollar...
In the realm of financial analysis, gold holds a perennial allure, evoking images of stability, wealth, and timeless value. As a seasoned financial analyst, dissecting the nuances of gold unveils a narrative steeped in historical significance and contemporary relevance. Gold's Enduring Resilience: Amidst the ebb and flow of market cycles, gold stands as a bastion...
In the realm of financial assets, one element has endured through the ages, casting its golden glow over economies and investors alike: gold. As a financial analyst, delving into the intricate dynamics of this precious metal unveils a fascinating narrative of wealth preservation, market sentiment, and global economic stability. Gold, often referred to as the...
In the realm of financial assets, one element stands resolute, casting a luminous glow of allure and stability - gold. Often revered as the ultimate symbol of wealth and prosperity, gold transcends mere monetary value, embodying a legacy entrenched in human history. As a financial analyst, delving into the intricate nuances of this precious metal unveils a...
XAUUSD, SHORT LOADED FROM 2240-50 TILL 2080-90, I placed Fibonacci till 2249-50 and all levels are hitting, from there short is loaded till Fibonacci Level 0.618 (2080-90)
Dear friends, today gold is once again strongly approaching the 2220 integer mark, and the market has a high sentiment of following the trend. However, gold has not crossed this mark after all, and is currently stuck near the 2217 position. I know that many people in the market are targeting the 2245-2250 area. But what I want to remind is that before gold breaks...
Dear friends, the current gold market is crazy. Today, gold is once again strongly approaching the 2220 integer mark. The market has a high sentiment of following the trend of long positions, but gold has not crossed this mark after all, and is currently stuck near the 2217 position. But behind the extreme madness is the correct logic of the market. Judging from...
🏃♂️ Gold is moving near the 🟡 Potential Reversal Zone(PRZ)($2,210-$2,197) 🟡 and has reacted well to this zone. 🌊According to the Elliott wave theory , the Double Three Correction(WXY) seems to have been completed. 💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks . 🔔I expect Gold to drop to at least one of the 🎯 Targets 🎯 I've...
XAUUSD follows huge profits last Friday. It closed at around 2154.5. Driven by the weekend's news, the market fell again on Monday and hit a new low, with strong short positions. After the Asian session started on Monday, the XAUUSD market hit the 2157 position, but did not stand firm. Then it plummeted to the 2146 line. After several hours of consolidation at...
Gold, the age-old haven asset, has been on a relentless ascent, captivating market players and investors alike. As Thursday unfolds, its price continues its upward trajectory, hovering around $2,225 per ounce. The XAU/USD pair finds itself in the midst of a remarkable streak, marking its fourth consecutive day of gains and flirting with record highs. Yet, amidst...
After reaching another historical the chance to balance the market is high, especially with recent days high pushes. This is a slight signal of what gonna happen sooner. I hope . . .
Gold hit record high recently due to fed involvement, however it dropped sharply. The price behaviour has shown some strange movement, making in hard to spot the clear movement. In our bias, there are two areas that we are interested in first one we will be respecting the current pattern that price has been forming. However, this can be riskier, therefore, we have...
Kindly remember, Elliott Wave is highly subjective, i will post if there's a new update on my perspective. Trade safe, Everyone! Cheers.
28-03-2024 if gold daily candle close below 2197.64, gold has potential of selling till 2144
The indicators on the 1h chart are also trending towards the short side now. It depends on whether the support in the 2185-2181 range is effective. In my opinion, the probability of falling below is greater. At the same time, there is data released today. Judging from the data released last week, today’s data has a higher probability of being beneficial to the...
Gold beat off a trend line again. MACD and other technical indicators show a turn. I expect reduction of price at least before support at the level of 1933. Information provided is only educational and should not be used to take action in the market.
In the realm of financial markets, gold stands as a beacon of stability and opportunity, drawing both seasoned investors and newcomers alike. As a financial analysis expert, I bring forth a fresh perspective on the current dynamics of the gold market, shedding light on potential pathways for traders seeking to capitalize on its allure. Amidst a backdrop of...
In the realm of financial analysis, few assets hold as much fascination and strategic importance as gold. As a seasoned financial analyst, I offer insights into the multifaceted nature of gold and its relevance within the global financial landscape. Gold's allure lies not only in its aesthetic appeal but also in its historical significance as a symbol of wealth...