i put sellstop in last low and show you my buy place on chart
be inform despite down move possible buy main weekly trend is up to 2400 area so be careful from sell and put sl in last high and 50% reduce size for sell on gold
let see gold futures daily chart and AC indicator
AC indicator is buy now, but if last low break ,signal will switch to sell and new...
Today can really be considered a bumper harvest. I participated in 9 long and short short-term transactions during the day. Only two of the transactions totaled a loss of $585. The other transactions were basically all profits after hitting the TP.As of today, the net profit has exceeded $27K. It can be said to be a very good trading result and has greatly...
Wednesday's open continued Tuesday's downward trend. After the European market fluctuated and rose, the U.S. market, under the influence of a series of positive economic data, coupled with the impact of the Federal Reserve's decision and Powell's speech, the gold price rose sharply to the $2,326 line, and then turned positive.
The number of U.S. ADP jobs,...
Good afternoon all,
Hope you're well.
I'm tempted to try a bullish swing trade this week, as it's not often that we get FOMC and NFP in the same week, along with what looks like a clear bullish higher timeframe market structure.
What do you think?
To me, providing the fundamentals allow, price looks primed to head back up to the 2400 levels and beyond when...
Hello,Traders!
GOLD is trading in a local
Downtrend and the price
Has formed a bearish
Flag pattern and we are
Already seeing a bearish
Breakout so we are
Bearish biased and we
Will be expecting
A further move down
Sell!
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Dear Traders.
according to my last Analysis , if Wave 3(2430) completed,
i expect price start Correction to 2000 Area !
invalidation level :2430
what you think about my idea?
dont Forget like&Comment please !
Regards,
Alireza!
Esteemed analysts and traders,
I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own...
Gold has experienced a unilateral rise in the recent bull market, and finally reached a new all-time high and was blocked near 2430. Then it ushered in a collapse and fell back, with the lowest falling to around 2290 to be supported. However, the decline has not been well extended and has not continued to fall, indicating that there is still a large amount of...
after collidingwith the orderblock at 2330....the market price then pulls bak to continues its moves in the expectancy of pulling back to 2340's... sit tight fellaz and anticipate the hedge .Follow for more .. boost idea and comment your opinion Thanks✨
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....
Gold technical analysis
Daily resistance is 2361, support below is 2320
Four-hour resistance is 2361-69, square support is 2334-25
Gold operation suggestions:
Judging from the current trend, the short-term support below will focus on 2334-25, the important support will continue to focus on around 2319, and the pressure on the top will focus on the 2361-69 area....
inside count completed possible a or wave of a and 5 to come pa will tell. c of w may finish at 2140 or 2225 if no extension. We should see a drop after testing 50% fib 55 should not pass
On Friday (April 26), spot gold fluctuated within a narrow range near the 2330 key. The U.S. first-quarter GDP growth released on Thursday fell short of market expectations, dragging the U.S. dollar index to a nearly two-week low, helping gold prices stay above key support at the middle track of the Bollinger Band.
That's despite U.S. Treasury yields rising...
GOLD had a sharp move lower and tested below $ 2,300.00. RSI has corrected, but still in overbought territory, however, conditions looks like trading within the large range $ 2,300-2,450 until such time we break below $ 2,320 area solidly. Over all, I feel it is SELL into rally. The stochastic is turning negative but no confirmation for movement lower as yet....
XAUUSD has been ranging between 2335 and 2311, with price failing to break the resistance we can expect a bearish move too 2311, SL and TP will be adjusted to suit Price Action, I advise if your taking this trade monitor and use utmost Risk.
Technical analysis: Short-term rebalancing as Gold tested (successfully so far) the #2,292.80 Daily chart’s Support taken from #2,300.80 former local Low’s, with Daily chart finally turning Bearish which is spectacular news for both Short and Medium-term Sellers. As long as #2,300.80 benchmark holds, Sellers shouldn't worry since all major chart’s candles ends in...
✅GOLD is going down
Now and the price broke
The key horizontal level
Of 2300$ and the breakout
Is confirmed so we will
Be expecting a further
Move down
SHORT🔥
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