OLD last night had a recovery to Zone 202x. As for the Current Price Frame, I see that Gold can still increase further at this momentum. > As Price Margin Today everyone refer to Regional Selling Soup 2026>2028 SL 2030 City 2018>2008. If Bien Gold now breaks beyond this Valuation price range, I will put it in the Buy zone, everyone. There will be a video...
In my post from yesterday, I mentioned that OANDA:XAUUSD had broken below support. I advised that any rallies back to that zone should be considered for selling. Following my own advice, I executed the sell, and despite an initial drop, the market reversed, resulting in my trade currently being at a loss. Setting aside my specific trade situation, let's...
Dear friends, today gold hit its lowest level near 2006, and then rebounded. Currently, gold has rebounded to near 2023. Is the power of gold bulls returning strongly? Will gold hit the 2050 position again? In fact, the current rebound in gold is mainly due to the following reasons: 1. The conflict in the geopolitical situation has led to an increase in...
In the Asian market on Thursday, spot gold rebounded slightly after yesterday's sharp decline, and gold prices are currently trading near the 2015 US dollars per ounce mark. Spot gold prices fell to their lowest levels since mid-December as the U.S. dollar continued to strengthen. Gold prices fell to as low as $2,003.28 an ounce during New York trading on...
On Wednesday, during the European trading session, spot gold fluctuated and fell, and spot gold has established a solid support above $2,000 per ounce. Due to the uncertainty about the timing of the Federal Reserve's interest rate hike, the short-term upward momentum of gold prices has weakened. Gold prices currently appear to be consolidating between $2,000 and...
On the monthly chart we have a bullish trend that is struggling to find momentum. There is a liquidity grab indicating a reversal is in the horizon targeting 1731 price handle. On the daily charts we have a change of character that indicates a shift in order flow followed by a bullish correction that failed to break the previous high. On the 4 hour chart we look...
In yesterday's post, I said there's a good chance OANDA:XAUUSD might go below the important 2020 support level. If that happens, we could see a change in the medium-term trend. Bears were in control all day and managed to break that level, hitting a low of 2002. Technically, breaking the upward trend line, smashing through horizontal support, and setting a...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed Impulsive Waves ( Bearish ) Below Demand Zone Completed the Break of Structure will make its Correction to Complete the Retracement. The Previous Support can now React as the Resistance wait until it Completed its Retracement or Reject with Strong Price Action
XAU-USD is about to retest the Horizontal resistance of 2058 From where I think we will see A local bearish correction !
The global spot gold price was around $2,009.3/oz, down $17.7/oz from overnight. Comex New York February 2024 gold futures price is $2,011.5 per ounce. At 8pm (Vietnam time) on January 17th, the spot gold price in the world market today was around $2,027 per ounce. The February 2024 Comex New York delivered gold price is $2,035 per ounce. On the night of...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Federal Reserve (Fed) Governor Christopher Waller stated on Tuesday that the Fed has the ability to decrease the target range for the federal funds rate in the upcoming year. Waller emphasized the importance of gradually and cautiously reducing the rates once the appropriate time arrives. Based on the...
Dear friends, the U.S. dollar has been in a strong position recently, and judging from recent economic data, the U.S. economy is not that bad, and the market's expectations for interest rate cuts have once again decreased, causing gold to come under pressure. Gold has been falling all the way and shows no signs of turning back. Gold is currently trading near the...
In light of my analysis from two days ago, I have chosen to close my long trade yesterday morning on OANDA:XAUUSD at break-even. This decision proved to be sound, given that Gold broke below 2040 during yesterday's trading session. At present, nearly all recent reversal is negated, and the price has returned to confluence support. While this crucial level has...
looking bullish trend in 1h timeframe double bottom pattern follow
Nice setup on Gold, it's approaching major H4 trendline as a support, and on smaller timeframe (M15) it's trying to broke up the resistance trendline. I see a nice bullish divergence on M15 timeframe, target is the next liquidity zone
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.
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed Impulsive Waves " 12345 " , " abc " Corrective Pattern and " 12 " Impulsive Waves. Bearish Channel as an Corrective Pattern in Short Time Frame and Rejection from Upper Trend Line and Fibonacci Level - 61.80%. We have Break of Structure and Retracement
The current market shape is similar to a double bottom. Here we should focus on whether the resistance near 2032 can be broken through, followed by 2038-2043. If the shape is completed, consider the 2049-2058 range. This is today's trading plan. We will make specific adjustments based on market conditions. If you have any questions, please contact me in time!