Hi, guys. Today, I'm going to show you a long-term perspective on gold Gold's recent retest of its long-term upward trendline (blue) presents a compelling opportunity for a bullish breakout and a potential surge towards $7,998 by 2040.
Gold finds renewed space to maneuver, shrugging off some of its recent weakness and bouncing back past the $2,180 mark per troy ounce following the Fed's decision to keep its policy rates unchanged and the dovish tone from Chair Powell.
Gold price trend to continue buy during session It is expected that price will continue in the buy trend And can approach the price range of 2154 Gold buy from 2154_2150 (1)Target zone. 2170 ( 2) Target zone 2190 Note: Always wish you to manage your capital safe Take small lots of which suits your capital The winner is the one who sticks with the marke Give...
On Friday night Gold has strongly breakout its BOX and then went up. As we all know that the war between Israel and Palestine accelerate on Friday and due to this GOLD rise sharply. Now GOLD is at its major resistance 2075. If this level breakout, then GOLD may rise further.
Hello friends as i can see the Gold XAUUSD chart it is going to touch a strong Resistance level and DXY $(index) already closed above the strong support area technically it is a sell for me kindly share Ur thoughts on Gold in comments and stay tunes for more updates
The violence in Israel that erupted this weekend is prompting a move into safe-haven assets as investors closely watch events in the Middle East to gauge the geopolitical risk to markets. Technically Gold Setup: After monday market gap up open we see small pullback of gold and test 1844 level sweep the Buy side liquidity and break its Day high and test...
On Friday we all knows that unemployment data was in the favor of USD which is gave much strength to it. I believe, XAUUSD will fall next week and will hit our define target already mentioned in the chart. DYOR before taking trade.
Gold prices are showing resilience above the $1,910 support level, as markets await significant US inflation and employment data. Mixed statements from the Federal Reserve, as well as China's economic policy moves, are impacting market sentiment. Meanwhile, technical levels suggest room for both upside and downside movement in the near term. TRADE IDEA...
Gold prices are trading cautiously around $1,895, affected by factors like US yields, China's economic woes, and anticipation of the Federal Reserve's actions. Investors eye Jerome Powell's upcoming speech for insights into the US economy and the Fed's monetary policy. A disappointing rate cut by the People's Bank of China adds to the complexity. Markets are also...
XAUUSD trading range marked, hopefully we can see uptrend from here. Manage your risk Accordingly!
After I released this analysis on June 29, the price of Gold Bullish to this day touched the resistance area which was strong enough. If you look at the existing market structure, with the price always make a new HH and always supported by trendline, it is likely that the bullish rally will still occur despite the possibility of a little correction.
Gold testing againg major resistance of 1967 and if breaks we can see gold around 1973.
Gold is about to break its range please place buy and sell order to take trade. Manage your risk accordingly.
gold has a strong bearish trend .please conform with the reversal candlestick then enter.
After the strong momentum that candle showed, I took the buy, because the buyers are strongly getting into the market.
XAUUSD H4 making a symmetrical triangle with bearish bias as there was bearish harmonic pattern with bearish divergence at the last HH and also the last HL is broken so most probably gold will go bearish if symmetrical triangle is broken downwards however, we should plan our entry at the break of Last LL i.e 1969.
As price keeps making higher highs, wait for the price to come to the liquidity zone, and BOOOOM take a long trade and book some profits. Keep in mind that gold has one liquidity zone left at very bottom. Price has to come to that point to collect all the liquidity from that point so always use Stop Losses and yea before that book some profits. ;-) Happy Trading.
Intraday analysis - GOLD - ( 9 MAR 2023 ) Price is currently ranging with relatively low volume in preparation for tomorrow's high impact news. This is very common as before a high impact news like NFP / FOMC , price of gold tends to consolidate and have choppy price action. I am expecting good data for NFP whereby based off PMI we have good data and PMI is...