Pair : XAUUSD ( Gold / U.S Dollar ) Description : Bearish Channel as an Corrective Pattern in Short Time Frame with the Breakout of the Upper Trend Line. Completed " 12345 " Impulsive Waves and " AB " Corrective Waves. Rejecting from the Demand Zone and Fibonacci Level - 61.80%
Gold extends its three-day rally, reaching $2,055 per troy ounce in Asian trading on Monday. The surge is fueled by risk aversion from Middle East political tensions and speculation about a March interest rate cut by the Federal Reserve (Fed). Escalating Israel-Gaza conflict, especially after an Iranian-led Houthi missile attack on the USS Laboon, boosts Gold...
looking bullish trend beacuse breakout falling wedge and abc pattern
OANDA:XAUUSD trades on a flat note during the early Asian session on Monday. The uptick of the yellow metal is supported by the softer US Producer Price Index (PPI) data and rising geopolitical tensions in the Middle East. OANDA:XAUUSD price is trading around $2,045, losing 0.01% on the day. From a technical perspective, the overnight bounce from the 50-day...
Dear friends, today is Sunday, and tomorrow will usher in a new trading day. On Friday, gold took advantage of the influence of the geopolitical conflict situation and PPI data to rise to a maximum of around 2062, and even increased by a full $30 to around the market opening position of 2030. To be honest, this wave of gains was unexpected to me, and I did not...
Hello traders , this is XAUUSD prediction for upcoming days, the price will pull back to the trend line and will move upwards, We expect this level to play the role of a support level and the price will grow up to levels by levels. Good luck.
Based on that last idea, lower then higher look's the most probable on the charts, either that or it's drawing sellers in and faking the sell.
Technically, Gold's recent bounce from the 50-day SMA and positive momentum on the daily chart favor bullish sentiments. Caution is advised for a sustained breakthrough above $2,040-$2,042 USD, signaling potential upward movement towards $2,064 USD and $2,077 USD. Conversely, a breach below the defending $2,022 USD level could trigger bearish momentum, targeting...
Gold prices attempted to break below the $2016.90/oz support line on Thursday, but prices rebounded from around this level and approached minor bearish channel resistance. Notably, the 50-period exponential moving average (EMA) meets this resistance, adding to its resistance. We are currently waiting for gold prices to resume their bearish trend. The first target...
The price of gold has maintained a weak oscillation within a narrow range this week, with the center of gravity shifting slightly downward. The weekly long trend remains intact, but there are signs of entering a short model on the daily line. The price of gold is currently running below the watershed of 2049 US dollars per ounce for this week's long and short...
Gold is bearish movement gold fall will done from my point view Gold can fall Frist Use Sell From 2045 Target 2025 Then Use Buy From 2025 Target 2070 Wish you best Always follow the trend
I was waiting the right moment to enter in Gold trade. Time has finally come and i decided to put a sell limit order at 2077, a strong resistance. On daily timeframe we are trading below trendline, that was also retested. I expect price to touch again that level soon, before the drop
Dear friends, gold is currently affected by geopolitical conflicts, which has led to a surge in risk aversion in the market, thus stimulating the rise of gold. Gold has reached its highest level near 2054 and is currently trading near 2050. From a technical perspective, gold has now broken through the downward channel, and the bullish energy has regained its...
HELLO TRADERS !!! As we can see Gold is done a retrace after making a ATH and now its time to hold you positions on Gold for long as i can see Fibo is show us Golden levels ahead Fundamentally it is Bullish in year 2024 as we had analysis in previous chart for long term on Gold for Monthly Chart.. Friends around the world Geopolitical situations are critical and...
Gold weekly is in bull(Impulse wave already in move). 4H timeframe :: There is falling wedge pattern Falling Wedge :: TP : 2091.10 SL : 2013.39 D timeframe :: There is a swing and bullish flag. bullish flag :: TP : 2166.70 ...
Happy New Year Traders! Gold surged, reaching a daily peak above $2,060, propelled by a nearly 1% decline in the benchmark 10-year US Treasury bond yield on Friday. This movement was triggered by a mixed bag of macroeconomic data releases from the US, intensifying the rally for XAU/USD. The safe-haven asset exhibited notable volatility following the release of...
XAU-USD It will arrive soon The supply cluster of the Falling and horizontal levels So a move down is to be Expected towards the Target of 2000.1 !