GOLD looks ready to continue his bearish moves as soon as it will broke below the H1 support trendline. I expect it to range tomorrow and to start to drop later in tomorrow's NY session and Friday. First target the support area at 2235. Invalidation above the resistance trendline on H1
Hi everybody, today i start my first GOLD trading strategy for public. I will show you, how i trade and also will update every strategy enter with points calculating. First deal is bullish. I enter long position at 2314.951 after big bullish accumulation volume (i paint it for you). So going upper.
After the repeated fluctuations last week, gold is currently in a relatively weak state. Although it is weak, it is not a unilateral decline. Therefore, it may continue to fluctuate this week. Then, if there is no absolute unilateral situation this week, it will Look at the shock range. From a technical point of view, the daily line continued to be negative last...
Gold rebounded again after touching 2304 during its decline today. Gold still held the 2300 mark. Judging from the recent trend, gold has experienced twists and turns during its decline, and it is obvious that there is still strong support below. The first is the support at 2305 and 2303. Many people will even look at the 2300-2298 area support as much as...
Triangle consolidation, rebound stage, buy, tp2319/2322
Yesterday, our direction was bullish, and we bought at 2315, successfully winning TP1:2325 and TP2:2330. Today, the price of gold began to continue to fall. The short-term energy has become stronger in the short term, and we need to change the direction to bearish. Judging from the one-hour chart, the lows are now constantly being refreshed, and it has also...
Gold's 30-minute rise is no longer strong enough and is beginning to be suppressed by the downward trend line. Gold's 30-minute moving average is about to form a dead cross. If a dead cross is formed, gold will have room to fall again. The resistance of the gold trend line has now moved down to 2325.
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....
xausd. My daily analysis is to help everyone find safe trading areas and make profits through strong and weak signals. Price above 2325-2340-2350 Below 2300-2290-2280 So my suggested trading area: Buying area: 2310--2312 has been triggered 2305-2307 2297-2300 Select the corresponding trading area based on specific price trends and charts. For reference...
Today, the overall gold market is in a volatile market. Gold fell and touched near 2310 multiple times before rebounding. It touched near 2323 again and then fell back again. Gold is currently trading near 2313. Today we successfully captured the profit from gold's rebound in trading. We went long gold in the 2314-2312 area and successfully hit TP: 2322....
World gold spot price stands around 2,325.7 USD/ounce, up 1.7 USD/ounce compared to yesterday's trading session. Gold futures price in June 2024 on the Comex New York floor is at 2,336.6 USD/ounce. At the beginning of the trading session on May 6 (US time), world gold prices increased sharply in the context of improved risk aversion among investors. Adrian Day -...
In this analysis, we'll be focusing on the H2 timeframe for XAUUSD, with key levels at 2327.90 and 2318.22. If the price breaks above 2327.90, the target is set at 2342, indicating a potential upward movement. Conversely, if it breaks below 2318.22, the sell target is identified at 2304, suggesting a bearish trend. Let's delve deeper into these levels and...
World gold prices went down when some US Federal Reserve (FED) officials said that inflation in the US remained high and interest rates could remain the same for a longer period of time. Responding to this information, the USD-Index increased 0.26% to 105.42 points. Accordingly, the USD increased in value compared to many other foreign currencies. Gold price...
World gold prices turned down with spot gold down 9.1 USD to 2,313.9 USD/ounce. Gold futures last traded at 2,322.4 USD/ounce, down 8.8 USD compared to yesterday morning. World gold decreased slightly as investors focused more on the prospect of interest rate cuts from the US Federal Reserve (Fed). According to CME's FedWatch tool, futures traders believe there...
Gold is retesting the trend support line. Combining the pattern and indicators to analyze, the probability of breaking the support is greater, so the trading strategy is to short, tp2301
There is a high probability that the Asian session will rise tomorrow, so if you want to trade in the Asian session, you can go long on gold first. First look at the area around 2327-2332, where there is resistance, followed by 2336-2343. The probability of breaking through this position is not high. If you really want to break through, you must first test the...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold's value is on the rise, driven by a weaker US dollar following recent Nonfarm Payrolls data that suggests possible Federal Reserve rate cuts. This situation could make gold cheaper for foreign buyers, with strong demand from central banks and Asian markets further supporting gold prices. Persistent...
The 4-hour moving average of gold began to turn around, and gold had a 4-hour double bottom structure, and gradually stabilized. Gold did not fall further, but gold only fell to the 2317 line and stabilized and rose again.