Gold was helped by central bank buying and geopolitical tensions, with strong economic data failing to dampen the metal's appeal.
In recent times, the price trend of gold has attracted much attention, and today the price of gold hit a new high again. Gold has had a meteoric rise over the past two weeks or so. Still, a generally positive tone for equities...
today's Gold planning.
currently 2352-56 zone is supply area. wait until price reach this zone. than wait for rejection or confirmation means any M5 M15 candle close below this zone and retest we'll execute Sell trade.. price could quick sweep the LIQUIDITY to 2360-65 area. that's why we wait for confirmation if any M30 candle wick extend to 2360-65 zone and...
Observing a slight reversal near the trendline in gold, prompting us to consider selling. However, please note that trading involves inherent risks, and decisions should be made with caution and proper risk management.
The market indeed moved lower after the news release. However, OANDA:XAUUSD did not reach the target level. This tells us that we have bullish dominance in the market. We have upcoming news that can potentially move the price lower once again. If the market rolls back to the support level to retest the support level, which was low on Monday, then we can look for...
Price has tested our supply and its in short term down trend .
I am expecting the price to move towards our Demand area at least before continuing upward movement .
We are back with another Gold setup
entry: Is 2343.97 with a SL: at 2347.19
target: is 2326 which is amazing
Lets go !!!
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Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GOLD
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments....
Gold has broken 2135-2140 on the daily chart
If it retracts from current high, there's likelihood of using 2135-2140 range for it to start it's last rally signifying the start of wave 5.
XAUUSD Forecast: Two Predictions In Play
1. THE DOWNFALL OF GOLD.
Strategy: Price is currently at the H4 swap zone (SBR), Daily resistance and H1 selling breakout zone. I am expecting a drop from here.
Action: Lower time-frame selling continuation until the lower H4 support. From SELL - BUY.
2. A SELL THEN BUY!
Strategy: Price collects Daily...
XAUUSD has formed a head and shoulders chart pattern, indicating a potential reversal. Anticipate a breakdown of the neckline, which could lead to achieving target levels. Increased volume on the selling side supports this bearish outlook. Technical targets are set at 2328, 2318, 2308, and 2280.
Your support is key for the growth of our community. Let's continue...
Gold just took a nosedive, losing $20 in a blink right after the U.S. dropped its latest inflation stats, which were hotter than everyone thought. March saw a 0.4% jump instead of the 0.3% everyone was betting on. This puts the Fed in a bit of a bind, trying to steer the monetary policy ship without tipping it over.
With inflation pushing a 12-month rise to 3.5%,...
Hello
* Currently forming the B wave of the corrective structure
* Gap has been closed (2360.76)
* MACD divergence
* Order block at price 2314 -2306
* CPI news today, will be looking for a reaction than/during the LONDON session.
Metal : Gold
Price : 2336 $ for Once
Technical analysis saying : Hold ( don't buy or Sell it now .
Trend : UP
Scenario expected : correction to below 2296 $ for Once
Technical reasons : prices hit the upward channel and the vertical support level on ( H1 ) many times last few hours , most probably the price will try to break that support level at ( 2320 $...
Xauusd ..thrives down ... in lieu to dxy and the cpi invasion .. unemployment claims will hasten the momentum within the channel ... sit tight fellaz and anticipate the moves ... follow for more , comment , and boost idea
Good morning Traders ☕️
These are my zones for today! 💡
Honestly, there's a ton of liquidity swirling around, making it a bit tricky to spot clear trading zones, especially on those lower time frames.
I'm keeping an eye on Gold, waiting for it to make up his mind. In the meantime, I'm practicing my patience skills and staying focused on the zones I've marked...
The price of the Gold always has an important role in the trading since beginning, Where the price of the Gold will go for upto next week, NFP and CPI strong effective events are on the way.
Where the price of the Gold will go, I had personally analysed that the price of the Gold will be little bit bearish to 22250/2230 but after the the price will go high and...
GOLD next $2300, $2400, $2500, $2600 future is bright:
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