XAUUSD, 15-MINUTES TIMEFRAME CHARTXAUUSD, 15-minute timeframe chart
Possible scenario
The best way to use this opportunity is to place a buy limit order at 2,726.30.
Set your stop loss at 2,722.30 below the previous low ($4.00 loss for 0.01 lot) and take profit at 2,736.30 ($10.00 profit for 0.01 lot).
The risk-reward ratio for this order is 1:1.
Xauuusdsignal
gold buyGold Price: Current Pricing, Prices Chart & Rate Graph
Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate. Improve your technical analysis of live gold prices with the real-time XAU/USD chart, and read our latest gold news, expert analysis and gold price forecast.
gold now 2339
tp1 2343
tp2 2347
tp3 2351
tp4 2355
tp5 2360
Take profit for gold short orders at 2230, how to trade next?Gold once reached around 2230, but then the big positive line directly pulled up to above 2250. This is an obvious bullish pattern. Even if it falls back, the big positive line can still pull up. This is a super buying trend, and the K line continues to see new historical highs.
The gold four-hour line fell back and exited three negative lines, but one big positive line directly engulfed the negative line and rose, directly pulling up, forming a bullish engulfment. The downward movement of the moving average was once again strongly reversed upward. The bottom once again consolidated the foundation, and the pullback was limited. macd The energy column is also rising strongly and is also above the zero axis. Continue to look above 2270.
XAUUSD SELL PROJECTION|DOGI+BEARISH SPINNING TOP 11.02.24Reason Behind Sell
1. Bearish Spinniing Top formed on Last Week Candle
2. Bearish Dogi Which makes short term Reveral of Uptrend
3. Double Top Formed and fibo Golden Ratio
4. Bearish Symmetrical Triangle Formed and breakout expected @ 2015
Overall Possible Outcomes
XAUUSD SELL @ 2030
TP 1 2016
TP2 2000
TP3 1980
SL 2053
XAUUSD - Gold is decreasing, should I buy or sell gold now?Last week, gold fluctuated with a narrow range and regularly tested the psychological barrier of 2,000 USD/ounce. However, the metal still failed to hold this level as it was caught between conflicting factors between interest rate expectations and geopolitical concerns.
Among Wall Street analysts participating in the survey, 60% expect gold prices to move higher this week. 64% of retail investors participating in online polls have the same opinion.
Forecasting this week's gold price trend, Kitco News' weekly gold survey shows that analysts and retail investors are optimistic about gold for the week ending November 10. Experts expect the price to break out this week even though there is not much supporting information.
Adam Button, currency strategist at Forexlive.com, said that Friday's weak nonfarm payrolls report is a sign that the US Federal Reserve's interest rate hike cycle is over. momentum and the fact that gold remains near $2,000 an ounce even as the safe-haven push is weakening.