I expect a healthy correction on GOLD. It's approaching mid term trendline, it's likely going to break it down. I have two main targets, the support zones at 2346 first and 2306 next
Gold price trend to continue buy during session It is expected that price will continue up trend And approach the price range of 2350 Gold price now 2350 TP1: 2377 TP2: 2404 TP3: 2441 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
Yesterday the price of Gold ran virtual. After sweeping down, increase sharply again. > Currently, Gold price has returned to the 238x area. With this rhythm, Gold will likely continue to increase due to war news. > Asian session Today, anyone who follows can go to Canh Buy scalp GOLD 2376>2380 SL 2374 TP 2386>239x At this temporary rate, I will not sell Gold but...
Dear friends, today gold has been in a retracement situation. Although there have been several symbolic struggles, the bears have finally gained the upper hand. The current lowest price of gold has been around 2324. Of course, our short gold order near 2360 also successfully hit TP: 2349. We thus reaped considerable profits. At present, gold maintains a...
Gold continued to fall after hitting an intraday high near 2372, with the lowest hitting around 2345. So far, although gold still has some rebound, it is difficult to continue its strength. Judging from the current market reaction, gold did not rise as strongly as before due to the surge in risk aversion over the weekend, but showed an inability to rebound. Then...
H4 analysis: Analysis/Bias remains the same as yesterday's weekly analysis dated 14 April 2024 -> Swing: Bullish. -> Internal: Bullish. Gold continues it's relentless bullish run and continues to print all time highs. Price on all HTF's requires a pullback. Bearish CHoCH which is denoted with blue dotted line would indicate pullback initiation but not...
Friday proved to be a challenging day for OANDA:XAUUSD traders, marked by extreme volatility in the market. Following an initial surge to a new all-time high, Gold experienced a drastic drop of 1000 pips, settling near the day's lowest point. Adding to the uncertainty, tensions in the Middle East escalated... Despite these events, a careful examination of the...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Lower Lows - Lower Highs Break of Structure and Retracement RSI - Divergence Symmetrical Triangle as an Corrective Pattern in Short Time Frame Impulse Correction
Checking at GOLD's price, i think a healthy correction is good and is coming the next weeks. We can probably see a range at highs before starting the retrace, the main target for the retracement is 2070, a strong monthly support zone.
Gold prices are poised for a technical bullish rally on the daily timeframe, supported by Elliott Wave analysis indicating a 12345 pattern. This follows a 50% retracement and completion of the fourth wave, accompanied by bullish price action. Furthermore, bullish fundamentals are reinforced by escalating geopolitical tensions, such as Iran's retaliatory drone...
XAUUSD LONG ONCE AGAIN TOWARDS 2400 Currently shaping smaller triangle inside a big triangle which is expected to break from 2360 & move for another 400 pips to touch 2400 & then after breaking the bigger triangle Gold will fly once again towards 2480-85 in sha Allah
Dear friends, tomorrow will start a new week of trading journey! Let’s first summarize this week’s trading results. Personally, my overall profit this week was over $68K, which I feel is a very good trading result. Although I occasionally suffered losses in this week's transactions, I was able to seize 95% of the trading opportunities and successfully make...
Friends, what I have been suggesting in the past few days has been to go long at the right price. After the release of non-agricultural employment data, the price of gold was suppressed and there was a certain downward adjustment. However, the trend of gold prices is upward, so after the impact of the news, the gold price surged, and now the gold price remains...
This week, my analysis for GOLD involves seeking immediate buying opportunities from the 12-hour demand zone where price is currently situated. My strategy is to initiate buys with the aim of targeting the 6-hour supply zone above for potential selling opportunities. Despite the significant drop on Friday, price still appears bullish based on last week's...
As long as it stays above the 2320 point, it will make new highs. but there is an important 2265 point. As long as it makes new highs in LTF above these points, I take a long position. No Fear. Good Luck.
Amid ongoing geopolitical tensions, the price of gold ( OANDA:XAUUSD ) is continuing to surge to new record highs. Despite reduced bets on a Fed rate cut and a strong US dollar, the price of gold (XAU/USD) has seen a persistent bullish trajectory over the past three weeks, climbing to the $2,400 neighborhood and marking a fresh all-time peak during early trading...
Last year projected range (Left) This year's Fib range (Right) Look at the related trade ideas - works on all timeframes obviously.
Gold prices hit a record high on Friday as demand for safe-haven gold surged amid concerns about geopolitical risks in the Middle East and was on track to rise for a fourth consecutive week. Gold prices are expected to rise further as demand for safe-haven assets rises as central banks ramp up asset purchases and investors become increasingly concerned about...