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...
So far, April has been the month for OANDA:XAUUSD , with the yellow metal setting a new all-time high each day. (Even on April 4th, despite a red day candle, we observed an all-time high on an intraday basis.) Even though the upward move appears overextended and a strong correction seems imminent, there are no indications suggesting we are on the brink of it at...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed " 123 " Impulsive Waves RSI - Divergence Break of Structure Impulse Correction Fibonacci Level - 261.8% Resistance Level
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 2359 Gold now 2359 Support zone 2348 Target zone 2405 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 and...
Hi Traders Gold price is ready to fly Gold currently experiencing worldwide Up trend has reached its highest price ever I predict that the market will bounce back From the resistance level move towards the Nearby support level Gold market now 2358 1st support 2350 2nd support 2343 Target zone 2400 new record If this post is useful for you You can support me...
You can make or lose a lot of money (very quickly). Target 1= $ 2100 Technical section:
By observing the Ichimoku indicator, traders can discern market price trends effectively. An upward trend is indicated when the price line is above the Ichimoku cloud. A downward trend is signaled when the price line is below the Ichimoku cloud. There is no clear trend when the price is within the Ichimoku cloud region. In some cases, traders may find the...