Here is our detailed technical review for GOLD. Time Frame: 8h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 2323.122. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 2266.939 level. P.S We...
Gold costs recorded a mild decline after current losses as investors persisted to rate in better longer-time period US hobby charges beforehand of the United States Federal Reserve (FED) assembly over the weekend . From a technical perspective, the growing trendline at $2,320 may want to assist the marketplace stabilize and assist the rate. However, if this key...
Title: 🌟 Seizing a Golden Opportunity: A Bullish Outlook on Gold 🌟 📈💰✨ Dear Followers! ✨💰📈 I'm thrilled to share with you an exciting opportunity brewing in the gold market 🚀 Currently priced at $2304, gold is showing all the signs of gearing up for a significant move 📈 Our analysis points towards target resistance levels of $2336 and $2342, marking crucial...
Hello fellow traders, Today our focus is on GOLD. After the downfall of the GOLD in the beginning of the week, we now can see a small upward correction. That correction is about to end today, as we are seeing a strong signal based on my Alligator SECRET strategy. Currently we are in the selling zone according to the strategy. The price finds resistance on the...
On the 4 hours timeframe Gold has made a bearish flag making it very suitable for a sell trade. No Divergence till now and will be taking trades according to the books. Entry on the poll. My Trade: Entry:2291.46 Stop loss:2358.20 Take profit 1:2227.82 Take profit 2:2164.18
XAUUSD Gold Technical Analysis anad Trade Idea. In the video we cover the trend, market structure, price action and a potential trade idea. Not to be construed as financial advice.
As the crisis in the Middle East is slowly calming down, the price of gold is ending its uptrend, in a quest to find a new equilibrium price. On this path, the price of gold first needs to find again its negative correlation with the USD, as it did during the times without significant news from geopolitics. The price of gold started the week with a strong selling...
Gold 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...
Gold 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....
Gold is currently under temporary pressure after the price fell below the previous high shock range on the daily trend. The short-period moving average remains in the recovery of shocks, and is still slightly weaker on the daily trend. The current range compression in the 4-hour trend is relatively small, and the short-term moving averages are basically in a flat...
On Tuesday (April 23), during the European trading session, gold continued the decline of the previous day. Spot gold remained volatile after falling sharply in the Asian session, falling as low as $2,295.49 / ounce. More bulls took profits amid a pullback in gold prices as easing fears of conflict in the Middle East boosted investor risk appetite, reducing...
Gold has little fluctuation during the day. Gold will make a big debut tonight on small non-agricultural issues and the Fed's interest rate decision. Gold seems to be waiting for the arrival of data. Gold's current weak pattern has not changed. It still rebounds and continues to be short. The data fluctuates slightly at night. , the U.S. market and other...
Due to the sudden intensification of the conflict between Iran and Israel on Friday, gold quickly rose to around 2417. After the market's risk aversion sentiment cooled down, the price quickly fell back to the resistance level of 2372, and then rebounded to around 2400, but did not effectively break through 2400. At present, the market is still in a volatile...
Dear Traders, Today Gold price have challenge with midline oft channel i expect price retest 2365-2370 top of channel(0.618 Fibo) and after that Will start Correction to 2260 Area ! today we have GDP News , and if GDP lower than forecast , we will see 2365 Today !!! if GDP higher than forecast ...we will see Gold price below 2300 !!!!! Dont forget...
Spot gold technical analysis Daily resistance is 2350, support below is 2320-2300 Four-hour resistance is 2334-64, square support is 2320-2300 Gold operation advice: Gold rebounded after bottoming out in the U.S. market yesterday. After hitting the lowest near 2291, it began to counterattack in the U.S. market, and the highest hit near 2332. After two months of...
Today, I shorted gold near 2330 many times and went long gold in the 2318-2315 area many times. I achieved 7 consecutive short-term trading wins during the day and made a total profit of more than $19K. It should be regarded as a relatively good short-term trading result! During the rebound, gold continued to rise with a strong positive line, reaching the...
✅GOLD is moving up Now and the price made a Retest of the key horizontal Level of 2325$ from where We are already seeing a Bullish rebound LONG🚀 ✅Like and subscribe to never miss a new idea!✅
The only possible zone for rebuying GOLD after slightly dovish FOMC is 2313. Don´t enter earlier. Monitor the rejection on lower TF (15M). Wish you good luck.