Affected by the news, gold suddenly rose and broke through the previous high. It continued to rise after the opening today. It currently maintains a shock above 2200. The indicators have begun to show signs of weakness. Try to go short at this stage and pay attention to the resistance in the 2215-2221 range. If the bulls are strong, the high may touch around...
Gold, the age-old symbol of wealth and stability, continues to hold its ground amidst the uncertainties of the modern financial landscape. As market volatility rattles investors, gold stands as a timeless asset, offering a reliable store of value and a hedge against economic instability. Its enduring allure transcends generations, providing reassurance to...
Gold, the age-old precious metal, continues to shine brightly as a cornerstone investment in today's volatile economic landscape. With its enduring allure and intrinsic value, gold remains a trusted asset for investors seeking stability and security. At its core, gold's scarcity and tangible nature make it a reliable store of wealth. Unlike fiat currencies prone...
In recent market movements, gold appears poised for a turnaround after a period of stagnation. Analysts speculate on factors such as geopolitical tensions, inflationary pressures, and currency fluctuations driving this potential reversal. Investors closely monitor these indicators, assessing gold's status as a safe haven asset amidst changing economic landscapes....
Many times, the market has its own rules to follow. As long as you have enough experience, surviving in the market and having the last laugh is not as difficult as you think. If you can't do it, just follow someone who can and let him lead you. This is the gold 30m chart. I have shrunk it a lot. It is not difficult to see from the chart that it is currently at...
Gold, with its shimmering allure, remains an enduring sanctuary in the tumultuous world of finance. Its value transcends eras and uncertainties, serving as a steadfast anchor for investors seeking stability. From ancient civilizations to modern portfolios, gold's resilience shines bright, weathering economic storms and preserving wealth. As markets fluctuate and...
We were directly short at 2185, and sure enough it still fell. Let’s continue to look at the 2145 line below. Gold is an obvious top form. Don’t panic. The big negative line must reach 2145. This position is also a support. The hourly line all closes the big negative line and is below the moving average throughout. Continue to look at 2145.
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....
XAUUSD (Gold) has been on a strong bullish run. However, expect a possible further retracement as the market seeks liquidity and to rebalance. This could present a counter trend sell opportunity along with a buy opportunity at prior support levels (see chart markup in the video). The risk of further downside remains, so prioritize strict risk management. This...
Gold price increased sharply in the past session, breaking the accumulation zone and confirming the triangle pattern and the continuation of the uptrend. Despite not being able to create an ATH in the previous session, the bulls did it this morning, the price briefly broke the 2200 level and then encountered selling pressure again. However, it is likely that the...
Although nearly unchanged as compared to the day prior to this morning, the fee of the yellow steel has dropped sharply at some point of the day. On March 21 (US time), gold constantly conquered file highs way to the dovish speech of americaA Federal Reserve (Fed) on the cutting-edge coverage meeting. The valuable steel hit an all-time excessive of $2,222.39...
World gold prices decreased slightly with spot gold down 5.1 USD to 2,181 USD/ounce. Gold futures last traded at 2,183.9 USD/ounce, down 5.6 USD compared to yesterday morning. Although almost unchanged compared to yesterday morning, the price of the yellow metal has dropped sharply during the day. On March 21 (US time), gold continuously conquered record highs...
Dear friends, gold fell back after rising high during the day. Gold continued to fall during the U.S. trading session. At present, gold fell back to the lowest position near 2166. The gold trading orders that we gradually shorted in batches all left the market with profits near the 2170 position, continuing our 9-game winning streak for gold! According to the...
Gold still maintains strong support as the watershed of 2140. On top of this, we mainly organize and deal with it according to the high range of 2140-2195; we can maintain the idea of buying low and selling high; at the same time, treat this wave from the range of 2080-2195, Pressure and support, the pressure position is 2165-2170-2175-2180-2190/95 in the...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) has reduced some of its gains made earlier in the day, after reaching a new all-time high during the Asian session on Thursday. However, it is still trading positively for the second consecutive day and is currently around the $2,200 level. The Federal Reserve (Fed) has...
Today it is suggested that gold can be shorted near 2208. Now that gold has plummeted, we have made huge profits. Gold has fallen below the 2180 target. This is an accurate prediction. So can we go long now? My suggestion is to wait and see. If you don’t have a professional team and experience, it will be harder for you to make a profit.
In early trading in the European market on Thursday (March 21), spot gold continued its intraday gains and is currently trading around US$2,200, rising by more than US$20 during the day. Spot gold is trading at $2,200 an ounce. Looking at the daily chart of gold, gold prices have confirmed the formation of a bullish flag, with the relative strength index (RSI)...
The two big positive lines on the golden four-hour line directly lifted the roof, breaking out of the historic resistance line of 2195, heading north. The K line also started to exert force from below the moving average, and passed all the way. The moving average moved downwards and the pause button was pressed. Now, the current strong trend has been reversed...