Today is Sunday, and tomorrow we will start a new week of trading. Let’s first summarize this week’s trading results. This week we participated in a total of 20 market transactions, 18 of which ended in profit, and the remaining 2 transactions ended in loss, with a winning rate of exactly 90%. Our overall trading profit is very good. I personally made a profit of ...
Weekly Analysis: Analysis/Bias remains the same as last week's weekly analysis dated 28 April 2024 -> Swing: Bullish. -> Internal: Bullish. Price printed a bullish swing BOS followed by a bullish iBOS and continues to break all time highs. Most likely scenario would be for price to pull back following swing and internal BOS (Break Of Structure) First...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Consolidation Phase Completed " 12345 " Impulsive Waves RSI - Divergence Break of Structure Bullish Channel as an Corrective Pattern in Short Time Frame
Hello everyone, it’s Friday again. Today is the last trading day of the week. Friday's trading is usually the most complicated and today there is news on the US April non-farm payrolls data and the US April unemployment rate. We need to do a split on today's transaction. Let everyone know how to proceed with today's transaction. Gold prices have been trading...
Gold's 4-hour moving average continues to cross downwards and the short position is arranged. Gold's recent rebound has all surged higher and then fell back. The bulls have not yet made any efforts to counterattack, and gold continues to be controlled by the bears. Gold has risen rapidly and then fallen back quickly, indicating that the bulls are not very...
XAU-USD keeps falling down But a strong horizontal Support level of 2303.8 So after the retest I think That will make A local bullish rebound !
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves Break of Structure and Retracement RSI - Divergence ( Over Bought ) Bullish Channel as an Corrective Pattern in Long Time Frame Fibonacci Level - 261.8%
H4 Analysis: Analysis/Bias remains the same as yesterday's analysis dated 02 May 2024 -> Swing: Bearish. -> Internal: Bearish. Price has now printed a bearish BOS and iBOS as price needed a pullback from all HTF's Following the shift in structure we now expect price to pullback. First indication, but not confirmation, of pullback initiation would be for...
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.
Last week, Gold attempted to extend its decline as the USD gained strength following the release of the United States annual core Personal Consumption Expenditure Price Index (PCE) data for March. This data exceeded expectations, with the annual underlying inflation rate accelerating to 2.7% from the projected 2.6%, albeit slower than the 2.8% recorded in...
World gold costs are generally calculated in USD; Therefore, whilst the USD charge is going up, the gold charge generally is going down. However, recently, this not exists as a rule. Many instances whilst the USD charge is going up, the DXY index is going up however the gold charge nonetheless is going up. This approach that, similarly to the effect among the USD...
Hello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Bearish Channel as an Corrective Pattern in Long Time Frame Break of Structure Fibonacci Level - 61.80% Bullish Channel in Short Time Frame with the Breakout of Lower Trend Line and Retracement RSI - Divergence
H4 Analysis: -> Swing: Bearish. -> Internal: Bearish. Price has now printed a bearish BOS and iBOS as price needed a pullback from all HTF's Following the shift in structure we now expect price to pullback. First indication, but not confirmation, of pullback initiation would be for price to print a bearish CHoCH which is denoted with a blue dashed line. ...
As I mentioned yesterday, following the substantial decline observed on the last day of April, OANDA:XAUUSD could potentially rise and test the resistance zone around 2315. Indeed, Gold rose even further to the 2330 zone before beginning to decline once more. In my view, the medium-term trend for Gold has shifted to bearish, and I anticipate a new decline...
Gold expenses recovered withinside the buying and selling consultation on Wednesday (May 1) after the United States Federal Reserve (Fed) saved hobby costs unchanged, with bottom-fishing sports acting because the USD and bond yields fell. Closing the consultation, spot gold charge improved 0.9% to 2,306.eight USD/ounce after falling to its lowest for the reason...
The US greenback skilled a small decline today, with buying and selling volumes falling because of a vacation in Japan. The yen, euro and pound continue to be close to their lowest tiers from ultimate week`s chaotic session. The Japanese yen confirmed mild profits in opposition to the greenback, buying and selling at 158.05, up almost 0.2%. This modest circulate...
Gold grew to become to boom strongly once more and the gold marketplace is retaining a stable boom above 2,three hundred USD/ounce, however does now no longer see any new momentum, because the US Federal Reserve (FED) continues its economic coverage stance. Currency regulations and warnings that inflation stays a hard trouble to solve. As expected, americaA...