Recommendation: Given rising interest rates and potential dollar strength, the current environment suggests caution. Sell on rallies to capitalize on short-term price upticks while managing downside risk. Disclaimer: Trading involves risk. Conduct thorough analysis and consider your risk tolerance before making any trading decisions.
Gold prices stabilized after hitting a more than two-week low as concerns about escalating tensions in the Middle East subsided, while investors await key economic data to further clarify the timing of interest cuts. US capacity. Markets are also paying attention to signals from the United States, with US inflation data and a Federal Reserve statement suggesting...
Layers 2332-2334 Sl @ 2338 1st tp @ 2328 2nd tp @ 2322 3rd tp @ 2316 4th @ 2312
There are important areas of interest. It could be that we are now in decline and then make the original price movement. I would like to look for purchases in the indicated areas.
SELLING ZONE H1 Xauusd short trande Meke better stop loss & target 2275 H1 Sell zone
Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate....
Today is Wednesday April 24, 2024. Its 7:00pm EST and here is the daily projection for tomorrow. Further upside expected on gold after downside retracement.
Today, I went long gold at 2310 and 2305 respectively and made a very good profit. Gold is currently trading around 2329. Judging from the recent trend of gold, gold has repeatedly touched the 2305 position area and quickly recovered, and this area happens to be the dividing line of the upward trend, indicating that although the bullish momentum has weakened...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold made some recovery on Wednesday after experiencing two consecutive negative sessions at the start of the week, as geopolitical risks subsided. Despite better-than-expected economic data from the United States (US), a strong US Dollar, and higher US Treasury yields, buyers of the precious metal took...
INVALIDATION: BEYOND 150% (2353-2354). Kindly remember, Elliott Wave is highly subjective, i will post if there's a new update on my perspective. Trade safe, Everyone! Cheers.
SELL SETUP IN XAUUSD after the break bullish channel the price in correction till 70 fibo level i expect the price go down till The beginning of the upward trend. this is just my idea share your opinion with me guys.
Gold won three consecutive times yesterday, 2353 was bullish and harvested. After the US CPI data, 2351 continued to be short. Gold fell again and harvested. Gold's long and short wins were two consecutive. It followed yesterday's three consecutive victories. Gold won five consecutive victories. Gold can't go up. , the short-term has peaked, and the rebound...
This wave of gold is the creator of history. Both the amplitude of the increase and the rhythm of consecutive new highs are unprecedented in the history of gold. At the time of writing this blog, gold has soared to around 2353. There is no top for the large unilateral rise in the market. It can be said that a small technical retracement is as high as 30 points....
Gold has risen strongly as a safe haven and has not stepped back, which shows that gold is still gaining momentum for further rises. It is not suitable to chase long now. After all, the fluctuations are relatively large now. If there is a slight correction, the loss may be stopped, and then the situation will be more embarrassing. It’s better to be patient and...
Affected by the risk aversion sentiment, gold rose by more than 40 US dollars in the short term. Once the risk aversion was over, the gold price returned to its original level. The two waves of market movements were very large, and we also made a small profit during the period! From the current market point of view, gold has basically stabilized the support of...
Gold has a 30-minute head and shoulders structure. Although the rebound is slightly stronger, it still has not changed the pattern that needs to be adjusted. The current price of 2383 continues to be short! Gold is still just rebounding now. Yesterday's negative line was at the top, that is, yesterday's opening price was around 2382. The rebound did not break...
Yesterday, we achieved two consecutive victories in gold, first short and then long. Gold is still bullish overall, and it continued to fall back to the long trend in early trading. Gold bottomed twice in 30 minutes near 2362 and the support stabilized and rose. Today it stepped back on the 2362 support and stabilized and continued to do more. Gold's long-term...
Gold fell by 2225 yesterday. Gold fell quickly and was harvested instantly. Is it cool? We directly charge more at the current price of 2374 Gold was blocked in the 15-minute short-term adjustment and fell back, and gold began to fluctuate in the short-term. Pay attention to the support near 2365 before adjusting to go long. If the upper rebound of 2390 still...