Gold futures price for delivery in April 2024 on the Comex New York floor decreased by 6 USD, equivalent to a decrease of 0.28%, to 2,161.5 USD/ounce.
Information from central banks will take center stage this week, with interest rate decisions due from the Bank of Japan and Reserve Bank of Australia on Monday, the US Federal Reserve on Wednesday, Bank of England...
2nd weekly bar of March 2024 is inside bar confined within the range of the previous bar. need to break down 2151 to breach last weekly bar low indication for weakness continuation ahead. supply zone for short is 2167-72, stop loss: 2174, target: 2128.
Last Friday, it was prompted to short gold at 2149, which is getting closer and closer to the target level of 2145. The position is making a huge profit. If there is a rebound, you can continue to short, but you cannot go short directly. For those who have made huge profits, they can wait until the 2145 target level is reached and then exit the market with...
In my Friday post, I mentioned that I'm cautiously bearish on OANDA:XAUUSD , highlighting the possibility of a descending triangle forming.
Indeed, the price once again failed to break above the descending trendline and closed the day just above the horizontal support of the triangle.
Today, as the market opens and the Asian session begins, we observe a break...
#XAUUSD (UPDATE )
Looking For Buy Setup| Long 🔥
Hey team, Hope you are Enjoying our ideas and Analysis, Today in Trading Session we are monitoring XAUUSD for a Buying Opportunity Around 2047, One More Buy Limit 2045 , Once we will receive any Bullish Conformation the Trade Will be Excuted
Good Luck 🤞🔥🚀💪
A destroy under the 2023 excessive at 2146 could threaten a deeper correction withinside the multi-week uptrend closer to the 38.2% retracement of the every year rally at 2114 - search for a response Greater reaction there If achieved. The broader upside invalidation is now raised to the 61.8% retracement/2020 swing excessive at 2065/75.
Break of weekly top/near...
Gold has spoke back to uptrend resistance and will be at risk of a few recuperation here. That said, buying and selling stays optimistic whilst on this pattern. From a buying and selling standpoint, losses must be confined to 2114 IF charge is shifting better this time round with a near above 2180 wished for a follow-through.
Note that the FOMC hobby fee choice...
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...
#XAUUSD Plan trading for Monday
There will be no news tomorrow, so if there is no GAP, gold will stay sideways and continue to compress, waiting for FOMC news this week.
The yellow H1 frame is compressing with a decreasing top and unchanged bottom. Manage capital, always set stop loss until gold breaks then I will review, I expect gold to fall to 211x this...
✍️ NOVA hello everyone, Let's comment on gold price next week from 18/3 - 22/3/2024
🔥 World situation:
The price of gold declined from approximately $2,180 on Friday, experiencing consecutive sessions of losses as investors' expectations for the start of the US Federal Reserve's easing cycle were delayed due to robust US economic data. The...
Gold weakens after US PPI data, focus turns to consumer sentiment report.
Gold falls lower as PPI data is better than expected, boosting USD and US government bond yields.
In the March 14 session, gold weakened after the release of US PPI data increased higher than expected, causing the market to lower the price of interest rate cuts. The precious metal fell...
The price of gold fell yesterday and encountered the first-line support level of 2150. It rebounded in the short-term and rose, but the downward trend still did not break through. The short-term trend in one hour was bearish, and the upper pressure was around 2170. I am willing to sell within the day! Today the gold price will fall below the 2150 mark and head...
FOREXCOM:XAUUSD
OANDA:XAUUSD
Hello dear traders.
If the price does not consolidate above the $2152 level, a bearish scenario will occur.
On the other hand, if the price receives strong support at the bottom of the pitchfork or stabilizes above the 2-hour Bollinger Midline, the bullish scenario will increase the price to the yellow zone.
✌💥If you are...
Gold should observe the key area above 2171-2174 on Friday. If it cannot break through this area, then gold will still be in a downward trend. Several key positions where gold’s downtrend may break
Lower support 2152-2155/2148-2143 strong resistance area 2131-2134
We select trading opportunities based on specific operating trends. I will help you find safe...
Gold is currently approaching support, but it is not difficult to see from the shape that shorts have an advantage over bulls. The current 30-minute chart shows that multiple tops have formed on the K-line shape, and the highs are constantly moving downwards.
In this case, our transactions should be mainly short and supplemented by long, which can reduce...
⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The price of gold (XAU/USD) faced renewed selling pressure on Thursday and declined closer to the weekly low in response to the US Producer Price Index (PPI), which was higher than expected. This data indicated persistent inflation and dampened market expectations for early interest rate cuts by the...
Hello everyone !
-Here is my opinion on the GOLD:
-Z.O.I (Zone Of Interest)
-An increase in liquidity.
-An interesting area.
-Optimal Fibo (OTE).
-No counter-trend.
- FVG (Fair Value Gap/Imbalance) *Optional
This is why I would see GOLD rising!
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