Yesterday, XAU/USD continued its descent and dropped to the 2350-2355 support zone without retesting the 2390 broken support, indicating selling pressure. At this moment, the market is correcting to the upside, which should offer bears better entry prices. The best zone to sell remains 2390-2400; however, if this zone is not tested, traders should look for lower...
Technical analysis of gold: The trend of gold is the same as expected. The weak market can't even reach 2420. We enter the market with short orders at 2418! However, the price of gold is still running above the daily trend line. When the price falls below the daily trend line, the space below will be truly opened. It is also the time when the shorts are the...
Gold technical analysis Daily resistance 2400, support below 2350-2329 Four-hour resistance 2380-2400, support below 2350-2329 Gold operation suggestions: Yesterday, gold technically rebounded slightly at the opening of the Asian session, and was under pressure at the 2399 mark, and then fell back. Near the European session, it once broke through the 2370 mark,...
Our trading was very smooth this week. We caught several big waves and made a very good profit. Thank you for your attention, and congratulations on your big gains! At present, judging from the form of gold, the rebound has not ended yet. You can continue to buy after the decline. I expect there will be another round of rising market at the beginning of next...
Yesterday, after the second test, XAU/USD reversed from 2390 and reached the 2420 resistance zone. However, last week's drop was impulsive and might only be the first leg of an overall correction within the long-term bull trend. The rise to just under 2400 appears corrective so far, suggesting we might see another drop below 2400 and eventually a drop below the...
Yesterday Plan Didn't Work As Planed. But We Make A Huge Profit In My Privet Channel. Buy And Sell. Today I'm Expecting Price Will Rebound To Back Again To 2398 At Least Before More Further Fall. Soon Price Will Reach 2330 As I'm Expecting .Today Intraday Plan Is To Go Long
Hello traders! ‼️ This is my perspective on XAUUSD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I wait price to confirm a rejection from trendline + liquidity zone for a short position. Like, comment and subscribe to be in touch with my content!
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Support Level Consolidation Phase Bearish Channel as an Corrective Pattern in Short Time Frame Fibonacci Level - 61.80% Completed " 12345 " Impulsive Waves
Looking at H1, we see that the price breaking the 2382.5 zone has confirmed that the price is in the purple wave C - From the peak of 2433 to the bottom of 2353, we see a small 5-wave structure has been completed and now we see that the bullish recovery wave is continuing, we expect a corrective wave - The target of the rebound wave I measured at the price zone...
Dear Traders, After looking at how price behaved since last week, we think there is a chance for price to drop to 2330$ which remain a crucial area where we can see reversal and potential a big buy opportunity. Wait for pattern to be completed once the pattern has been formed, we can see strong buying pressure kicking in the market. We wish you all the best and...
In the past two days, our short trading has brought us very good profits. Now that gold has found a short-term bottom, it should rebound next. Therefore, today's trading is mainly buying, with a target of 2386-2398.
Maximum target for Wave 5 is 2470.675 and Maximum target for entire wave is 2482.074 Price must overlap between these range. September rate cut probability is 100% and price will in these days and no more big move after pricing in for September Cut. All I see price is completing a Major 5th wave and each wave has 3 moves (abc) An Ending Diagonal.
Gold technical analysis Daily resistance 2400, support below 2370-2329 Four-hour resistance 2380-2400, support below 2350-29 Gold operation suggestions: Yesterday, the technical price of gold rose first and then fell. The price rebounded and rebounded in the Asian and European sessions relying on the 2409 mark. The US session accelerated to break through the 2431...
As you can see on the chart, gold experienced a strong downward trend, with the trendlines shown, we expect gold will have a correction to buy My plan today: BUY 2349 -2354 SL 2346 TP 2380 NOTE: this prediction is not advisable investment, your success depends on your knowledge and experience.
Technical analysis of gold: The trend of gold fluctuates during the day, but the overall bearish trend remains unchanged. We also emphasize the direction of gold layout, and the bears that continue to be optimistic during the day also fall as expected in the US market. The short orders arranged at the 2370 line fell to 2354 to stop profit and exit, and a...
XAU-USD He will test the support cluster Of the horizontal and Rising support at around 2413.11 And I think will Be expecting a further Move up After retesting the support area !
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Gold prices took a tumble on Friday, dropping over 2% as the US Dollar strengthened and investors took profits after last week's record highs. The precious metal extended its losing streak to three days, closing around the $2,400 level. What drove the dip? 📈 Strong US Dollar: A surge in the USD, fueled by speculation about a Republican victory in the US...