First, let’s take a look at the current situation of gold: At present, the 30-minute moving average of gold has begun to turn, and the strength of the rise has gradually become insufficient. In the past two days, gold has begun to no longer be unilaterally strong, and has begun to no longer hit new highs repeatedly. Instead, it has rebounded and risen twice and...
Silver (XAG) is a precious metal that has been followed for centuries. It is used in jewelry, silverware, electronics, and currency. Here are some reasons why XAGUSD (Silver against the U.S. Dollar) might be considered bullish: 1. Historical Demand: Silver has been traded for thousands of years and was once used for currency backing. Its historical demand...
✅GOLD has been falling recently And Gold seems locally oversold So as the pair is approaching a horizontal support of 2320$ Price growth is to be expected LONG🚀 ✅Like and subscribe to never miss a new idea!✅
This wave of gold is the creator of history. Both the amplitude of the increase and the rhythm of consecutive new highs are unprecedented in the history of gold. At the time of writing this blog, gold has soared to around 2353. There is no top for the large unilateral rise in the market. It can be said that a small technical retracement is as high as 30 points....
Hello everybody I think XAUUSD is short in short time It is your responsibility to check and tade with yourself This analysis has an educational aspect . Dont go into details and short timeframe Dont have open trades during news times Trade with your little money and Invest with your big money Good Luck
Based on the analysis, we expected a downward movement for gold. The CPI news was effective in the analysis and the price was corrected
📈 XAU/USD Price Forecast 📈 OANDA:XAUUSD XAU/USD has formed a flag and pole chart pattern, indicating a trend continuation pattern. The breakout has already occurred, and the price is currently at the retracement level of the flag pattern. Additionally, there is support from the 50EMA, suggesting potential bullish momentum. Our entry will be initiated upon...
Keep looking at the pull-up, as long as it falls back, it’s bullish Gold is ready to rise. The big positive line has stabilized the moving average. Even if it falls back, it is still stepping on the moving average. There is no panic. A downward trend in early trading is not a good thing. There will be more positions near 2345.
H4 Analysis: Bias/Analysis remains the same as yesterday's analysis dated 09 April 2024 -> Swing: Bullish. -> Internal: Bullish. Gold continues it's relentless bullish run following the Fed's dovish outlook. Price has printed further highs Sunday's analysis dated 7 April 2024 where we continue to trade within a fractal high and internal low. Price on all...
Lets play NFP The price has a liquidation to complete. After that if the price can retrace to 2280 we will see a huge rally towards 2350... The NFP should hit low first to go up. If failed to go up it will drop to 2224
Overall, XAUUSD has completed a cup and handle pattern (as shown on chart 1W). From a personal and theoretical perspective, XAUUSD should grow further. It is worth noting that the mentioned support zones range from Fibonacci 0.786 (2250) USD, the uptrend could get even stronger if it receives strong buying pressure from this support level. But! Based on the setup...
Gold price (XAU/USD) attracts some buyers for the third straight day on Tuesday – also marking the tenth day of a positive move in the previous eleven – and climbs to a fresh all-time peak during the first half of the European session. The optimism over a possible ceasefire between Israel and Hamas fades rather quickly, which is evident from the cautious market...
Gold is bought at 2332-2336. The short-term target is 2348-2355. If this position breaks through and stabilizes, move the target upward to 2365-2380 until above 2400. The short-term lower support position is 2319. If it falls below. Look at the strong support of 2300. Follow the trend. and boosted by news. Weak US dollar trend. Risk aversion is heating up,...
It's just a matter of time, as Bankers and miners are still interested in buying more, along with FED rate cuts later on, and other central bank rate cuts could result in pumping it and keep towards 2500-2800, as just taking the liquidity for now, just deep buy, just to get final confirmation might wanna wait till the end of this month to see how monthly closes.
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....
Last trade in RAMADAN as you can see we have good price action setup also the market back to test the last key level and we will see a new highs in GOLD
I did tell you all nearly 2 weeks ago I'm expecting Silver to carry on shooting up long term. Unlike Gold I'm not expecting any major correction soon, so now would still be a good chance to DCA & buy into Silver. Hold for the long term🦾
Hi everybody! Today's world gold price is listed on Kitco at 2,339 USD/ounce, up 27 USD/ounce compared to early yesterday morning. Regarding international market information: Gold prices regained upward momentum, boosted by central bank purchasing activities in Asia. A recently published report shows that the Central Bank of China added 160,000 ounces of gold...