In early Asian trading, spot gold fell within a narrow range and is currently trading around $2,383. Gold prices temporarily came under pressure at the $2,400 level mid-week last week, but with two failed breakouts, bulls have opened the door to profit from the breakout, but support continues to be bought. I’m not sure if this is accumulation from larger...
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Gold has been falling all the way today, directly falling below the previous low of 2354, so the decline of gold will continue, and gold is ready to rebound to around 2347 Sell! Gold’s 4-hour double top structure is a bearish pattern. The bulls are helpless after being tossed around today. This is also the biggest change in the gold market recently. The shorting...
My ideas to short GOLD was correct, and now it's approaching daily support zone. This area held the price multiple times, but i think that now will break below this support zone and probably we will see a flash crash till the support area at $2265. Here i expect a strong reversal pattern to enter longs and target new ATH
As you're aware, I maintain my expectation for a significant correction in the price of $OANDA:XAUUSD. Despite this correction not materializing yet, my confidence in this outlook continues to strengthen each day. Yesterday proved to be relatively quiet for XAUUSD, with the price exhibiting range-bound movements during both the London and New York sessions....
Hello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze...
Gold stays under heavy bearish pressure and trades at its lowest level in a week below $2,350. The benchmark 10-year US Treasury bond yield stays in positive territory above 4.6%, forcing XAU/USD to stay on the back foot. From a technical perspective, the range-bound price action witnessed over the past week or so constitutes the formation of a rectangle on...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The likelihood of the US Federal Reserve keeping interest rates unchanged this year is increasing. Last week, John Williams, the President of the New York Fed, mentioned that he doesn't consider another rate hike as his primary scenario. However, if the data suggests that the Fed needs to raise rates in...
Dear Traders, Even after dollar demand increased, the dollar kept its bullish momentum. We now can see Gold dropping and making a major correction possible towards 2280$ and then 2250$. There are two entries to consider. Trade wisely. For more like and comment.
Gold is still bullish overall. Although the K-line on Friday once reached around 2363, the big positive line then took a step to near 2400. This is obviously a bullish pattern, and the K-line has been fluctuating upwards recently, and 2370 has become more solid. The bottom is more stable The gold daily level is also a strong bull. No matter how the K line...
Simple Trading - Heads and shoulder Gold is way overdue for a bullish retracement, is this the beginning of a pullback? Watch to see if gold can hold below 2380. Looking to take SELL positions if the price can confirm the New resistance level. **Price may not retest and continues to drop to TP
During final week`s buying and selling session, global gold at one factor multiplied to 2,402 USD/ounce because of issues approximately war withinside the Middle East. However, a few traders took benefit of promoting to take profits, forcing the gold fee to shut at 2,392 USD/ounce. World gold charges had been pretty calm on account that Iran's navy assault on...
World gold costs generally tend to lower with spot gold down 2.four USD in comparison to remaining week`s final stage to 2,388.eight USD/ounce. The international gold marketplace remaining week fluctuated in line with a acquainted pattern. Gold costs constantly touched new highs way to being boosted with the aid of using refuge call for because of fears of...
Greetings Traders, In this analysis, we'll delve into the potential for a significant reversal in the price of gold, focusing on the 4-hour timeframe. Let's break down the factors contributing to this anticipation: Technical Analysis: Bollinger Bands: Using the Bollinger Bands indicator, we observe price action within the upper and lower bands. A narrowing of...
World gold prices tend to decrease with spot gold down 2.4 USD compared to last week's closing level to 2,388.8 USD/ounce. The world gold market last week fluctuated according to a familiar pattern. Gold prices continuously touched new highs thanks to being boosted by shelter demand due to fears of escalating tensions, but then retreated and entered a...
--NEWS-- During ultimate week`s buying and selling consultation, global gold at one factor extended to 2,402 USD/ounce because of issues approximately struggle withinside the Middle East. However, a few buyers took benefit of promoting to take profits, forcing the gold charge to shut at 2,392 USD/ounce. World gold expenses were pretty calm considering the fact...
Taking a look at the 4hr timeframe, price action is now testing the ascending trendline. My suggestion here is to close the shorts and wait breakout confirmation with a candle closing below this rising support. That's it - That's all Trade Safe
XAUUSD Setup | H1 Time Frame - This Setup indicates as Educational Purposes - Supports level at 2374.00 - 2360.00 - 2333.8 - 2319.152 - Resistance level at 2397.00 - 2413.00 - Circles Indicate the consolidation area - Grey Area Shown as Gold will be in that zone Gold Retest the 2397.00 Area in this case if gold break that point we will further see on...