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Dear friends, after touching the channel pressure near the 2036 position today, gold fell again under pressure. The current lowest has touched the 2011 position, and is currently testing the support strength of the triangle channel. In recent days, I have been reminding everyone in my articles that gold is under short-term pressure from the triangle channel...
World gold prices this morning fluctuated slightly with spot gold increasing by 2.8 USD to 1,919.3 USD/ounce. December gold futures last traded at 1,942.5 USD/ounce, up 0.9 USD compared to yesterday morning. Traders are waiting for further US economic data to guide prices. As expected, the consumer price index report of August will be published on September...
Gold prices remained stable on Wednesday as the market awaited progress in talks on raising the US debt ceiling. Copper prices, on the other hand, hit a six-month low due to a slowdown in global manufacturing activity and demand. Despite losing the key $2,000 level, gold was still able to attract safe-haven buy orders as traders predicted a slowdown in global...
XAUUSD SELL @ 1810-1815 Target Price - 1750 Stoploss Price - 1820 Reason For SELL 1. Friday News Tends to sell 2. Sell trend pattern continuation 3. Fake Breakout and Stoploss Hunt liquidation For More join Our Premium channel /
I have idea for gold TF 1H. Gold will raise. TP1: 1845 TP2: 1957 SL: 1830
gold has completed 5 wave expending wedge on 15min chart. It is neural with bearish bias and blue daily trend line to be broken
If we get another retest of the channel along with wick rejections or a bullish confirmation we can see another push up, be careful cause gold can also break that channel, so let that final confirmation be a bullish before buying