Dear friends, today after gold opened lower and fell back to the 2305-2300 area, it rebounded again and hit a new high near 2353. At present, gold has fallen back and remains near the 2330 position. Today's transaction can actually be roughly divided into two parts. First, we ended our short position in the 2305-2300 area and captured good short profits;Secondly,...
Hello Traders! In our previous post, we have gone thorough the analysis of $TVC:GOLD. As expected it has reached the target of $2250 and surpassed the level now. And with Fed Reserve rate cut news is circulating in our feeds, the Gold and Silver together has seen some surges. While the market sentiment is telling us to go long now but will it touch $2350?
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: During the Asian session on Monday, the price of gold (XAU/USD) has attracted some buying interest around the $2,300 level and has reached a new all-time high in the last hour. The rally in the precious metal over the past couple of weeks has been driven by expectations that the Federal Reserve (Fed)...
As we witness XAUUSD (Gold Spot) nearing a pivotal point on the chart, it's time to tune into the market's rhythm. The recent uptrend has been strong, showing significant bullish momentum as it approaches the resistance line that has been containing the price action for a considerable time. This zone, marked by the convergence of the long-standing resistance and...
🚨 GOLD (XAU/USD) TECHNICAL ANALYSIS - 2H CHART Traders, we’ve got an interesting situation developing on the XAU/USD 2-hour chart. Here’s the lowdown: ✅ Entry: The price is hovering near the 21 EMA at $2,326, which is serving as immediate support. A bullish bounce from this area with a clear candlestick pattern might be a good entry point for a long position. ❌...
DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Signal For 09 April 2024 Trade Idea 1 BUY LIMIT Order: $2328.57 Stop Loss: $2302.73 Take Profit 1: $2354.16 Take Profit 2: $2368.08 Trade Idea 2 BUY LIMIT Order: $2322.53 Stop Loss: $2302.73 Take Profit 1:...
🥇XAUUSD💵 Weekly 04/01/2024 Weekly High: 2330.47 Weekly Low: 2228.47 Chart Pattern: Ascending Channel 💎Sell Gold @ 2263 - 2265💎 Monday 04/01/2024 12:03 AM EST 💎Buy Gold @ 2240 - 2235💎 Monday 04/01/2024 10:41 AM EST 💎Buy Gold @ 2274 - 2270💎 Wednesday 04/03/2024 08:26 AM EST 💎Buy Gold @ 2289 - 2285💎 Thursday 04/04/2024 08:42 AM EST 💎Buy Gold @ 2276 -...
buy patterns tête et épaules OANDA:XAUUSD up trend /retest la zone fibo 50% 60%
It's obviously easy looking backwards. Using 3mos trend and longterm cycles, customized macd. Lowest risk with best reward. It's probably what the smart money is using anyway. Trend is 45 degrees, so you dont need re-tests.
Gold seems to be loosing momentum here with this emerging bearish divergence on 8h TF. RSI is massively overbought at 85 level on daily TF. My outlook on this is hold and expect a possible sharp correction to the downside following fed interest rate announcement on Wednesday. Trade cautiously and be safe
"I am eyeing an opportunity with a target price (TP) set at 2500, coupled with a stop-loss point at 2115, indicating a strategic approach to managing risk and maximizing returns in the market. FundamentaI stiII positive for goId"
Today's NFP data is bearish for gold. After a rapid decline, it rebounded and reached a new high near 2330. The 30m chart has already diverged, and there is a need for repair. Therefore, after the market opens next week, the idea is to go short first and observe the support in the 2318-2312 range. If it falls below, consider around 2305, followed by around...
Weakening uptrend and overbought, price stagnating, not really moving higher, it needs to cool off to support minimum, probably lower.
i believe on this fib zone for the market to react
Daily candle was closed on positive note. Another ATH was reached during Asian session. After that, Gold was kind of consolidating from 2322-2342. 5th wave should end pretty soon. Buying needs to be cautious. Monitoring closely at 4hourly timeframe for possible rising wedge formation. Once formed, we could see price correction until 2300 first. If not formed,...
GOLD - XAUUSD --- MB 30% Weekly B -- Daily B -- 4H BR/B Strictly looking for a buy Can play the 4H sell, but might be risky Gold Preferred The Daily Support
Traders, In today's trading session, our focus is keenly set on Gold (XAUUSD), where we're eyeing a potential buying opportunity around the 2295 zone. Currently, Gold finds itself in an uptrend but amidst a correction phase, drawing nearer to the critical support and resistance area at 2295. Despite the prevailing strength of the USD, it's imperative to...
Fib targets as per expanding ending diag. And 3k is possible. First we are in wave 3 1.27 extension possible although it is above 110% and has many confluences but possible. Blue marked 1.27. Retrace yellow 62 to 78% has to travel into wave 1. And finally red target for wave 5 which is often most powerful up to 1.618% projection