Yesterday, XAU/USD continued its descent and dropped to the 2350-2355 support zone without retesting the 2390 broken support, indicating selling pressure. At this moment, the market is correcting to the upside, which should offer bears better entry prices. The best zone to sell remains 2390-2400; however, if this zone is not tested, traders should look for lower...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Meanwhile, XAU/USD demonstrated some strength beneath the 50-day SMA, buoyed by anticipation that the Fed will commence its rate-cutting cycle in September. This has kept the USD subdued below a two-week peak reached on Wednesday, helping Gold to draw in some buyers. However, upward momentum appears...
Gold managed to break the Resistance line and is currently moving inside the Resistance zone($2,398-$2,376) . Gold also created the Inverse Head and Shoulders Pattern . I expect Gold to rise to at least the Downtrend line . Gold Analyze ( XAUUSD ), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want...
Our trading was very smooth this week. We caught several big waves and made a very good profit. Thank you for your attention, and congratulations on your big gains! At present, judging from the form of gold, the rebound has not ended yet. You can continue to buy after the decline. I expect there will be another round of rising market at the beginning of next...
Yesterday, after the second test, XAU/USD reversed from 2390 and reached the 2420 resistance zone. However, last week's drop was impulsive and might only be the first leg of an overall correction within the long-term bull trend. The rise to just under 2400 appears corrective so far, suggesting we might see another drop below 2400 and eventually a drop below the...
Hello traders! ‼️ This is my perspective on XAUUSD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I wait price to confirm a rejection from trendline + liquidity zone for a short position. Like, comment and subscribe to be in touch with my content!
Today, gold rebounded all the way to the 2390 area, but it is still blocked in the 2390-2395 area and has not broken through the key key level. Gold is currently just rebounding and cannot be characterized as a reversal. In addition, the short trend of gold has not changed, so even if it seems to rebound strongly, it does not affect the short trend. If it falls...
Gold started to increase from the Support zone($2,398-$2,376) with the help of the Inverse Head and Shoulders pattern and is moving now near the Resistance zone($2,451-$2,426) and inside the ascending channel . I expect Gold to take a downward trend again in the coming hours and at least go down to the Targets I specified on the chart. Gold Analyze...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) prolongs Wednesday's steep decline from the week's high, sustaining intense selling pressure for a second consecutive day on Thursday. This is the fifth negative move in the past six days, pushing the commodity to a two-week low, around the $2,370-2,369 region during the Asian...
#xauusd Today is Friday, July 26, 2024. Today is the last trading day of the week. And there are many important data to be released today. So the volatility of gold today is very large. All the signals I sent out this week have been profitable. So today we need to be cautious or make a small profit to have a perfect week. With gold falling 2351 yesterday and...
Dear Traders, After looking at how price behaved since last week, we think there is a chance for price to drop to 2330$ which remain a crucial area where we can see reversal and potential a big buy opportunity. Wait for pattern to be completed once the pattern has been formed, we can see strong buying pressure kicking in the market. We wish you all the best and...
In the past two days, our short trading has brought us very good profits. Now that gold has found a short-term bottom, it should rebound next. Therefore, today's trading is mainly buying, with a target of 2386-2398.
XAUUSD HELLO TRADERS Tendency , the price is under bearish pressure , after breakout channel . TURNING LEVEL (1) : the price of this level at 2,391$, so if the price breaking this level reach a resistance level (1) . TURNING LEVEL (2) : yesterday this level worked a support level , as mentioned breakout 2,391$ reach this level ,the price of this level...
Gold technical analysis Daily resistance 2400, support below 2370-2329 Four-hour resistance 2380-2400, support below 2350-29 Gold operation suggestions: Yesterday, the technical price of gold rose first and then fell. The price rebounded and rebounded in the Asian and European sessions relying on the 2409 mark. The US session accelerated to break through the 2431...
Today Plan Work As A Champ.Check That Also.I'm Expectin To Gold To Reach This 2405 - 2408 Level Before Fall To the Major Key Point.Will Be In Next Week Or Two.Will See
XAU-USD He will test the support cluster Of the horizontal and Rising support at around 2413.11 And I think will Be expecting a further Move up After retesting the support area !
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The cost of gold (XAU/USD) continues to rise from the overnight rebound near a one-week low, drawing additional buyers for the second consecutive day on Wednesday. This increase is supported by a weaker market sentiment, which typically favors conventional safe-haven assets, pushing the precious metal...
Gold prices took a tumble on Friday, dropping over 2% as the US Dollar strengthened and investors took profits after last week's record highs. The precious metal extended its losing streak to three days, closing around the $2,400 level. What drove the dip? 📈 Strong US Dollar: A surge in the USD, fueled by speculation about a Republican victory in the US...