Hello everyone, I am Kelly, I have been engaged in trading for 13 years, my accuracy rate is above 83%, I am good at technical analysis, follow me and make money together! Gold has built a double bottom in the early stage. Although it fell partly today, the structure has not been destroyed, so it is still in an upward trend. I prefer and am better at grasping...
Gold continued to fall today, but it is still in the range of shock market. According to the current strength of the decline, the room for gold to fall should be limited. After gold fell to the low point of 2310-2305 area, it is obvious that the willingness to buy is gradually increasing! And gold gradually began to show signs of counterattack in the short term....
This is what I am basing mine on for the bear market (I am basing mine on what I believe to be true!) Technical Section: Expanded Flat in play Pattern = Double top Target 1 = $ 2300 Target 2 = $ 2280 Target 3 - $ 2200 Invalidation level = $ 2471
Gold first tested the pressure near 2326 during the day, and then the market fluctuated and fell again, breaking through yesterday's low of 2310, and the low fell to near 2306. It has rebounded since then, but the longer moving average on the hourly chart is more obvious, which strengthens the possibility that gold will need to break through 2300-2290 technically...
TVC:GOLD COMEX:GC1! COMEX_MINI:MGC1! CME:BTC1! NYMEX:CL1! NYMEX:WTI1! The current position of gold price is generally under some pressure. But once it rises, I think there is still a lot of room. The operation is mainly to buy at low levels. The low level around 2322-2323 is suitable for conservative traders to trade. Newbies should not engage in...
The Federal Reserve opted to maintain interest rates at their current levels and delay any potential rate cuts until at least December. Officials foresee only a modest quarter-percentage-point reduction for the year, emphasizing the importance of managing inflationary pressures. Fed Chair Jerome Powell highlighted that despite robust growth and low unemployment...
Gold prices are recovering after last week's sell-off as the US economy forced the Fed to adopt a more dovish stance. Weak manufacturer inflation data and a rise in initial jobless claims supported lower interest rates. Additionally, escalating geopolitical tensions, such as increased attacks by Hezbollah on Israel and more Russian warships in the Caribbean, have...
In terms of news, the US CPI data for May grew by 0% on Wednesday, lower than the expected 0.1% and the previous value of 0.3%. The US PPI data for May grew by -0.2% on Thursday, lower than the expected 0.1% and the previous value of 0.5%. The data showed that US inflation has gradually slowed down over time. In addition, the weak CPI and PPI data hinted at the...
Technical analysis of gold: From the short-term market after the opening of this week, gold was under pressure at the 2330 US dollar line on Monday and fluctuated and repaired. The low point at midnight has retreated to around 2309. Although the retreat space is not large, the rhythm of continuous repair has already slapped the abnormal pull-up behavior last...
Since the Central Bank of China announced last week that it would stop buying gold, the price of gold has fallen by 100 points in a single day. The price of gold has been running below the daily Bollinger Band. After multiple rebounds, it only rebounded to around 2340 and then fell back. In addition, the bullish data last week did not bring an effective rebound to...
The ADP employment report will be released on Wednesday, and non-farm payrolls will be released on Friday. These data will help measure the performance of the US economy, which will have a significant impact on the Fed's policy actions, the US dollar and gold prices. Gold technical analysis: Last night, the price of gold fell rapidly. Although it hit 2315 and...
H4 Analysis: -> Swing: Bullish. -> Internal: Bearish. Price traded to the downside, however, price was unable to breach and close below weak internal low where we saw a reaction at a H4 demand level. Nonetheless, internal structure remains bearish, therefore, price should technically target weak internal low. Price could potentially continue to trade...
At the hourly level, gold is in an upward trend. The MACD indicator has a trend of a golden cross. You can go long, with a target of 2335-2340. If you agree with my point of view, remember to pay attention, and leave a message if you have any questions
Technical analysis of gold: Gold rebounded last trading day and closed with a medium-sized real positive line that was almost bareheaded and barefoot. A large amount of funds poured into gold in the morning and it jumped up slightly. At present, after breaking through the previous row of pressure belts around 2360, pay attention to whether there is a secondary...
XAU-USD was going Down but now we are Seeing a bullish breakout From the wedge pattern So we are locally bullish Biased and we will be Expecting a local move up !
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...
AUDUSD is moving in an UP trend channel. The chart broke through the dynamic Resistance line, which now acts as support. We expect a decline in the channel after testing the current level which suggests that the price will continue to rise Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great BUY...
Gold Last night, I noticed that there has been a mild lower in beard withdrawal to the 231x area. The fashion in D1 and H4 is displaying Decrease. Meanwhile, the small frames are displaying clean symptoms and symptoms of boom. In my opinion, Gold could have mild corrections underneath 2303>2306 for one greater beat earlier than it is able to boom strongly. If...