FX:XAUUSD on the background of dollar correction is strengthening to the resistance of the bearish channel, which was formed on the background of sell-offs. Ahead of strong news, on the background of which the price may reach the liquidity zone before further decline.
On the high timeframe, a false breakdown of support is formed, liquidity gathering and after...
In early trading in Asia on Friday (April 26), gold fluctuated within a narrow range around the 2330 key point. The United States announced an unexpected slowdown in economic growth in the first quarter and higher-than-expected inflation. The US dollar was hit, and gold rose by more than $16. The United States After the GDP data was released, the price of gold...
This scenario assumes that wave C primary degree not yet finished and we're just starting wave 5 of C.
This is my main scenario and I'm holding shorts with SL: 2348 and TP: 2280.
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Price currently trade at 2338.00. Price surged higher and currently print a bullish-like structure. Hence, the market may likely continue to trade bullish for shorterm till 2369.46 where we’d look forward to hearing from US FED RESERVE COMMITTEE . A buy opportunity is envisaged from the current market price
World gold spot rate is round 2,318.eight USD/ounce, down 1.2 USD/ounce in comparison to overnight. Gold futures rate in June 2024 at the Comex New York ground is at 2,330.2 USD/ounce.
At 8:00 p.m. on April 24 (Vietnam time), today's spot gold price on the world market is at 2,320 USD/ounce. Gold for delivery in June 2024 on the Comex New York floor is at 2,334...
Xau is expected to make a buy pullback after a SHORT yesterday through to the 2290's
GOLD would be going on a bullish hedge as we anticipate a turnaround for a continued short at the indicated reaction zones- R1, R2 and R3
Based on the analysis, the expected zone of turnaround is R2 just as indicated by the lowering arrow or we could have an uptrust ..
Like, ...
Gold is at the Edge of 44 Years Old Trend Line
beautifully placed weekly candle just above the Trend Line,
Giving perfect signal for Retesting done and Gold is ready to Take Big Fly
I´m expecting jump up on GOLD due fundamental fuel. You can buy now at the curent price 2321 and target 42. After partial TP at this level, target 55. Wish you good luck.
The gold trend is downward and we will see more gold falls... I am not a gold trader because I am afraid of the volatility of gold This process is only for someone who invests.
The support line marks the point where demand takes precedence over supply and prices will not decrease below that support line. The reverse holds true for a resistance line. Prices often break through support and resistance lines. A breakthrough a resistance line shows that the buyers have won out over the sellers.
Open price 2340
When the price moves up and...
gold after several attempts could stay above 2325 and passed the top of the pattern. the important area of support and resistance on the chart...
go smoothly step by step ...
Gold rejected from supply zone/order block from yesterday and has formed a lower low this morning. If we go by ICT we are going back to 22xx from here.
I have entered a short once the previous low was broken at around 2324.5. Plan is to exit in parts based on support levels below and Fibs. With news and wars making markets extremely volatile I entered the trade...
Good morning Traders ☕️
No plan today, just monitoring the 1H SELL ZONE + the FVG to see if we might have a reaction, but at the moment I don’t see other clear zones 😅
I try to keep it safe guys. Yesterday was a no trade for me 🤝
Something the best thing to do is to stay out 💯
Check my profile for more GOLD analysis 🧐
Trade smarter, not harder! 💼📈
Don't...
Gold (XAU/USD) is rising towards the pivot which has been identified as an overlap resistance. Could this precious metal stall around this level before potentially reversing to drop towards the 1st support?
Pivot: 2,344.22
1st Support: 2,314.56
1st Resistance: 2,361.12
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you...
