Here on gold price has made a reversal showing that the seller has step in so going for SHORT is needed and targeting profits at level of 2373.04
@All Last night GOLD created a new peak. As for me, I have a very careful analysis that if GOLD breaks through the 2346>2348 line, I will go Buy. Anyone watching can see that I texted that order very carefully. With GOLD price setting a new peak and tree D1 having a reversal phase from 2326>2379 >Today, all traders are watching to sell GOLD according to RSI around...
XAUUSD continues to hold steady even in the face of strong economic news. A range between 2366 and 2330 is being established, with buyers and sellers vying for lower price levels. Today, the market awaits PMI and Initial Jobless Claims announcements. Yesterday, we saw CPI figures higher at 0.4% instead of the expected 0.3%, with inflation rates at 3.5%. This...
As observed on the four-hour chart, Gold price is on track to challenge the record high of $2,365, as it recaptures the 21-Simple Moving Average (SMA) at $2,342. The Relative Strength Index (RSI) is pointing north above the midline, near 59.00, indicating that there is a scope for further upside. The immediate resistance is seen at the $2,350 psychological level...
On Wednesday, U.S. CPI was higher than expected, and spot gold fell in the short term, with a minimum of 2,319.34 and a maximum of $2,359.98 per ounce. Gold prices are currently at high levels, with the relative strength index sitting at overbought levels well above 70. In any case, there are certain risks in the current market. The question now is whether gold...
Gold is going for another Burst 2400 is on. This big triangle is broken and there is 45 to 50 dollar move expected. From 2354
Yesterday, the CPI report revealed higher-than-expected numbers, which triggered a selling spree on OANDA:XAUUSD , causing the price of gold to drop to 2319 after the release. However, this downturn was swiftly reversed, and the price hasn't reached the liquidity zone from above 2300 and also the second attempt from bears to push the price in that zone resulted...
Today’s gold trading conditions are as follows: 1. Xauusd:@2340-2342 Sell, TP:2328 Profit: + $3708 2. Xauusd:@2341-2345 Sell, TP:2336 Profit: + $8609 In gold trading today, I repeatedly relied on the 2340-2345 resistance area to short gold, and hit my expected target positions of 2328 and 2336 respectively.So far today, I have made a profit of more than FWB:12K...
Gold's rebound in the U.S. market yesterday seemed a bit strong, but soon began to weaken and come under pressure. Gold was directly short at 2179, but gold still fell. It harvested a wave first, and continued to be short after today's rebound. Gold's 1-hour moving average has also entered a dead cross short position, and after gold's 1-hour inverse V reversal,...
Dear friends, this morning we shorted gold at 2340, and successfully touched TP: 2328, thereby winning our first win today and making a huge profit! According to the current trend of gold, as gold fell below the rising trend line multiple times yesterday, the momentum of gold bulls gradually declined, and gold currently maintains a volatile downward trend in the...
Hi Traders Gold price is ready 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 now 2339 Target zone 2300 If this post is useful for you You can support me with like And advice comments
traders Gold price is ready to fly My dear subscribers My technical analysis is for Gold below The price is coming around a solid key Level 2338 Bis_ Bullish Gold market now 2338 Target zone 2288 Technical indicators Pivot point low anticipates a potential price reversal Super trend shows a clear buy giving a Perfect indicators convergence perfect Indicators...
In one hour, the structure has changed and we expect a decline
H4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Gold continues it's relentless bullish run following the Fed's dovish outlook. Price on all HTF's requires a pullback. Bearish CHoCH which is denoted with blue dotted line would indicate pullback initiation but not confirm. Bearish CHoCH is now confirmed. Due to the bullish nature of the market and...
Gold price continued its upward trajectory, reaching a record high of $2,3545 in the Asian trading session on Monday. However, it later retreated below the $2,335 mark as market sentiment shifted, dampening the demand for gold. Before resuming its upward trend, gold price dipped to a low of $2,305, coinciding with the 20-day Simple Moving Average (SMA) touching....
A rise in XAU/USD can be identified by the increasing price, although it may not be immediately apparent at the current rate. - Technical indicators such as the Relative Strength Index (RSI) help signal prolonged overbought conditions. In such instances, observing the chart stuck in a bullish outlook alongside the moving average for a period could aid in...
With gold setting new record highs at $2,393/ounce in weekend trading, it's currently hovering around $2330-$2393 in early morning trading. Identifying a potential battleground between buying and selling pressure on the H4 timeframe of XAUUSD around the support level of $2300-$2393, there's a possibility of a downward correction if gold breaks below this range....