As market stability gradually returns, the current upward trend is nearing its end, presenting an optimal opportunity for short selling!
Despite significant market volatility, my short-term trades continue to yield accurate profits. Currently, all trades are profitable, maintaining a 100% signal accuracy rate. Congratulations to all!
I'm sharing with you again one of my trades for this week,
You can buy XAUUSD when it reaches 2308.954, SL and TP set them as in the chart.
The market will come down to liquidate at 2318.780 to get to our OB before continuing its way up.
For further info, don't hesitate to ask!
H4 Analysis:
Bias/Analysis remains the same as yesterday's analysis dated 09 April 2024
-> Swing: Bullish.
-> Internal: Bullish.
Gold continues it's relentless bullish run following the Fed's dovish outlook.
Price has printed further highs Sunday's analysis dated 7 April 2024 where we continue to trade within a fractal high and internal low.
Price on all...
Gold price trend to continue buy during session
It is expected that price will continue in the up trend
And can approach the price range of 2347
Gold Market now 2347
Support zone 2330
Target zone 2406
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 market
Give us like and support us
The price of gold has slightly declined below $2,355 during Wednesday's Asian trading session, following its recent record high of $2,366 on Tuesday.
However, when looking at technical indicators such as the Bollinger Bands and the Relative Strength Index (RSI), it is evident that the market is still in an uptrend with no signs of a downturn.
Observing the...
Firstly, let's focus on the EMA (Exponential Moving Average). While a simple MA (Moving Average) may react quickly to price changes, a shorter-term EMA is most suitable. It can help you capture trends rapidly and yield higher profits. The truth is, the quicker you catch a trend, the longer you can ride it and the more profit you can make. However, the drawback of...
With gold hitting all-time highs, optimism runs high, but uncertainty prevails. Therefore, seizing every trading opportunity is crucial. If selling, await clear signals; avoid over-reliance on singular factors and manage risks carefully. Rapid market adjustments often lead to new highs. Currently, buying momentum appears strong. Focus on support near 2222 and...
In general, XAUUSD is encountering difficulty surpassing the resistance level of $2220. However, it remains stable within an ascending channel. Moreover, upon closer observation, a cup and handle pattern is gradually forming. Based on these factors, my expectation is for a breakthrough above the resistance level, aiming for the medium-term target of $2220.
In the...
This wave of gold bulls is super strong, and the retracement of three big steps is also two big steps. Even a simple technical retracement is as high as 20 points. The bulls will never look back until they kill the shorts. The current maximum has reached around 2288. Judging from the closing line of the daily line yesterday, 2288 is not the top, and the big rise...
News:
World gold rate today
World gold charges persevered to growth with spot gold growing through 15.1 USD to 2,352.five USD/ounce. Gold futures final traded at 2,372.four USD/ounce, up 14 USD in comparison to the day past morning.
The world`s yellow steel prolonged its upward momentum way to safe-haven shopping for because of issues associated with conflicts....
Historically, gold has been a way of shielding cash from inflation, a way of accumulation. It is enormously valued as a herbal useful resource this is hard to take advantage of and extraordinarily hard to destroy. This valuable steel is utilized in industry, earrings manufacturing and in part for superior technology. About 7% of the gold recovered is used to...
Gold examined new highs as gold call for stays robust beforehand of americaA inflation document due out tomorrow.
Gold is overbought, however it stays to be visible whether or not buyers will need to withdraw earnings as vital banks retain to shop for gold for reserves.
Spot gold hit $2,365.25 on Tuesday, a brand new document excessive amid persisted weak spot...
China's central bank, the People's Bank of China (PBOC), is on a gold-buying binge. For the 17th consecutive month, the PBOC has added to its gold reserves, further propelling the precious metal to record highs.
This relentless buying coincides with a surge in gold prices over the past two months. The rally is fueled by speculation that the US Federal Reserve...
Today’s gold trading conditions are as follows:
1.Xauusd:@2358-2360 Sell, TP:2347 Profit: + $6618
2.Xauusd:@2364-2366 Sell, TP:2347 Profit: + $8615
3.Xauusd:@2338-2340 Sell, SL:2347 Loss: - $3973
The trading profit so far today is: $11,260. Gold hit a new high today, reaching a maximum of around 2,365. Gold still maintains a strong upward trend. But in actual...
During the European session on Tuesday, the spot gold market saw significant gains. The price of gold began to rise linearly from around US$2,344/oz, reaching a maximum of US$2,356.81/oz, setting a record high.
Gold prices have risen more than 17% since mid-February, a rise that occurred without any apparent trigger, causing confusion among some market watchers....
Gold bottomed out yesterday and rebounded, and the daily line continued to rise. However, there are two points to note:
1. The price has not deviated from the short-term moving average, which is not enough for a short-term high.
2. It is still bottoming out and rising, and it is a continuation cycle. It is the same as the upward trend. It has a strong rhythm. It...
Today’s gold trading conditions are as follows:
1.Xauusd:@2358-2360 Sell, TP:2347 Profit: + $6618
2.Xauusd:@2364-2366 Sell, TP:2347 Profit: + $8615
3.Xauusd:@2338-2340 Sell, SL:2347 Loss: - $3973
The trading profit so far today is: $11,260. Gold hit a new high today again, hitting a maximum of around 2,365. Gold still maintains a strong upward trend. But in...
