Gold prices rallied nearly 11% over a 3-week period into the cycle highs. Yet the characteristics of its clean, strong bullish move have been replaced with choppy price action since it failed to hold above $2000. A shooting star formed on Friday following its false break of $2000 to form a lower high on the daily chart. And this was followed by a bearish...
Overall Possible Outcomes XAUUSD SELL @ 1948-53 SL 1963 TP1 1935 TP2 1920 Reason For Bearish Obey stronger Resistance @ 1944-53 Obey 4h Sell Trend Line @ 195o
Update for Gold. Earlier, we spotted a confirmed violation of a key horizontal support. Retesting the broken structure, the price formed a narrow horizontal range on a 4H time frame. Its support breakout - 4h candle close below 1931 - will give you a strong intraday confirmation. A bearish continuation will be anticipated to 1923 / 1916 levels then. ...
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Almost 10 days ago we made a bold (at the time) bearish call (see chart below) for a short-term pull-back on Gold (XAUUSD) towards the 1W MA50: The yellow metal has so far responded positively to this call as it dropped below the 4H MA50 (blue trend-line) to 1945. The Channel Down pattern that emerged is using the 4H MA50 as its Resistance/ Lower Highs...
Willson came to visit bro 😁 Gold and silver have fallen over the past few weeks as the geopolitical advantage that built up in both metals following the Hamas terror attack on Israel early last month has begun to ease. This is because the situation in the Middle East, while still tragic, has not yet turned into a broader conflict involving other countries, such...
World gold prices this morning continued to decline with spot gold down 19.3 USD to 1,949.4 USD/ounce. Gold futures last traded at 1,955.7 USD/ounce, down 17.8 USD compared to yesterday morning. The gold market witnessed its third consecutive decline as investors looked for new signals about the US Central Bank's interest rate stance. Daniel Ghali, commodity...
OANDA:XAUUSD prices face challenges, partly because traders have factored in the downside risk premium from the Israel-Hamas conflict. The lack of escalation of the conflict has reduced safe-haven demand for Gold H2 Chart shows that OANDA:XAUUSD price is maintaining above 196x, resistance zone at 1970 1972, below 0.5 zone of fibonacci retracement, stable...
Hello everyone, this is Antonio. Because the original TradingView account expired, I stopped updating articles for a while.But my trading did not stop.To be honest, I am not a financial writer, but a loyal trader, so I pay more attention to combining the market to develop my own trading plans and trading signals, and I am keen to participate in market...
OANDA:XAUUSD price is extending the previous decline toward $1,970 in early Tuesday, as the United States Dollar (USD) remains on a gradual recovery path amid a negative shift in risk sentiment. Traders await the return of the public appearances from the US Federal Reserve (Fed) policymakers for a fresh trading impetus. Gold price defended the rising trendline...
Gold, last Friday's non-agricultural benefit was good for gold, once again showing the momentum of an upward breakthrough, and it started to retreat after hitting the highest level near 2004. Unfortunately, this upward wave did not have too much continuity, but the speed of the retreat was also too high. Soon, as the saying goes, the long and short positions in...
Gold closed on Friday 1992, now looking to move up the range to 1990-2010, next week focus on whether gold can stand above 1990! If you are confused about trading, please join me, I believe you will have a great harvest!
Multiple time frame analysis for Gold. Price action, important key levels. Potential scenarios ahead of NFP. Trading plan explained. ❤️Please, support this video with like and comment!❤️
Gold (XAUUSD) is heading into today's Nonfarm Payrolls (NFP) report trading on a Head and Shoulders (H&S) within a Channel Up pattern. Even though the volatility will be great coming into the report, we should trade this on a candle closing approach. A 4H candle closing above the 1993.50 Symmetrical Resistance, will be a bullish signal, targeting 2020, which will...
Gold (XAUUSD) is having an remarkable 3 week rally after a technically flawless hit-and-rebound on the 1W MA200 (orange trend-line) on the week of October 02. Obviously, this rally has been stretched by the geopolitical unrest in Middle East and isn't purely technical on its full range, but besides the small fundamental correction we should see once peace is...
Reason Behind XAUUSD Bullish Continue 1. Market Clearly Breaked Trendline @ 1925 2. Uptrend Continued since it breaked the Resis 1060 later 1980 3. Single Bullish Spinning Top candle confirms the further High 4. Three white Soldiers Confirms the asset make the correction and move the Swing High 5. Continue V Bottom Confirms the futher Pullback and retest @...
On Thursday, Fed Chair Jerome Powell joined his teammates in endorsing a stable interest rate policy, providing further support for the XAUUSD. Amidst increasing geopolitical risks, with the conflict between Israel and Hamas spreading to more countries in the region, Gold extended its weekly rally and reached the $1,990 area for the first time in five months on...
OANDA:XAUUSD price holds positive ground for the third consecutive day during the early Asian session on Friday. That being said, the lower US Treasury bond yield acts as a tailwind for the precious metal. OANDA:XAUUSD price is adding 0.15% on the day to trade at $1,987. 🌐 OANDA:XAUUSD PLAN October 27 Eurasian Gold: 🔼Buy price range 1973$ - 1975$ -...