World gold prices increased sharply yesterday after the Fed decided to keep the standard interest rate unchanged at 5.25-5.5%. Traders have recently trimmed bets on when the Fed will ease monetary policy this year as the latest data showed the US economy remains resilient and inflation remains “persistent”. Meanwhile, the weakening dollar and US Treasury yields...
Price just reacted pretty decent at H1 pullback support level and it may possibly , trade bullish from the current market price. We saw how gold reacted to stronger dollar yesterday by falling over 1.7% yesterday. At the moment , we can see some accumulation currently happening to insight the start of bullish sentiment. A buy opportunity is emerging.
This morning, I shorted gold near 2326.31, and as gold fell back to hit TP: 2315, I profited and left the market; I added positions and went long gold near 2296 and 2286, and as gold bottomed out, it hit TP again: 2300 profit and exit. The total profit exceeded GETTEX:14K , which was another good profit for several days in a row! Tomorrow will usher in a golden...
Following our previous analysis (links provided in the description below), gold continues its upward trajectory, in line with the prevailing trend since the beginning of the year. The recent pullback to the $2295 area appears to have attracted buyers seeking a discounted price, fueling the impressive momentum of this metal. After a brief consolidation period...
OANDA:XAUUSD ANALYSIS - Now that the risk of a broader conflict in the Middle East has subsided, gold attempts bulls look to a softer dollar to prop up prices - Gold (XAU/USD) attempts to lift off of support at $2320 OANDA:XAUUSD BULLS LOOKS FOR INSPIRATION IN THE DOLLAR AFTER TENSIONS SUBSIDE Implied gold volatility (GVZ) has experienced a notable drop...
Hello traders, At the beginning of the new week, our focus is on GOLD again. After the slight upward correction since the end of last week, the price has started to fall and clearly outlines a potential "Double Top" formation of technical analysis. As I predicted last week in my previous GOLD analysis, the price has broken below the Alligator indicator and is...
Main strategy is selling today. If Gold breaks 2328-2333 support, looking for retracement for selling opportunities. If Gold goes up to 2352-2364 zone, sell directly. Patience is the key.
Trading Setup: A Trading Signal is seen in the Gold XAUUSD (1h) Traders can open their Sell Trades NOW ⬇️Sell Now or Sell on 2361.0 ⭕️SL @ 2399.3 🔵TP1 @ 2274.3 🔵TP2 @ 2235.6 🔵TP3 @ 2178.9 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning Trading ...
Based on the M30 chart analysis, we can see that the price has just reacted off our sell entry at 2329, which is a multi-swing high resistance. Our take profit will be at 2310, an overlap support level. The stop loss will be placed at 2351, which is an overlap resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level...
Bearish Divergence resulted into Bearish Trend in Gold despite Wartime Scenario. Gold is now forming Bearish Flag likely result into continuation of Bearish Trend. Also Short Sentiment as per COT Analysis.
According to the latest data from the World Gold Council (WGC), gold demand in the first quarter (excluding OTC demand) decreased by 5% over the same period to 1,102 tons, due to capital inflows from exchange-traded funds. Gold-backed ETFs continue to flow out. While including the sizable OTC buying activities of investors, total gold demand increased by 3% over...
Fundamental analysis: So far so good as there are no Short-term surprises. DX again reversed and it's no surprise that this is pushing Gold Higher (last #5 out of #5 Fed Rate decisions were Bullish on Gold regardless of the outcome or Powell's stance later on the conference). No doubt that Gold is also affected by the effect of Bond Yields policy remarks, testing...
FX:XAUUSD is entering the correction phase. Earlier, based on technical and candlestick nuances on D1, I warned about the approaching decline. Gold is eliminating buyers and apparently heading towards 2267, 2228. April 19 idea: The market is getting ready to turn around, collecting liquidity from buyers On H1 the price is forming a bearish momentum, since...
buy a counter trend to sell later. The price has created a daily shift, may wait to sell after aproaching a high liquidity area. Wait to sweep liquidity for shorting till the daily lower low level. . Always trade carefull. This is not your financial advisor.
Gold prices climbed more than $30 on Wednesday as the dollar and U.S. Treasury yields fell after the Federal Reserve's interest rate decision and Chairman Jerome Powell's speech. In addition, due to higher-than-expected inflation in the first three months of this year, this week the Federal Reserve, after keeping interest rates unchanged as scheduled, also...
do manage stop loss and dont forget to establish a good rr and small stop loss , big money if it does not work dont worry i have a one more trade . dont take this trade after 24 hr bye
XAUUSD - LONG - NFP with this structure, I can see a up move will come, according to me it can reach the target as I marked on the chart, nfp will be very high volatility so risk small or if u make good profits stay away from the market. if the market fall from this level ill be not in. I only look for buy at this levels if i get the setups V.Ragu
Recently, gold has been looking different every day. Yesterday, gold maintained an upward trend, but today it hit around 2328 and then fell back. The current lowest level has hit around 2295. The lack of continuation of gold's long and short positions has brought us a certain degree of difficulty in trading. Gold is currently trading near the 2298 position. ...