Not as expected, Gold didn't retest 2400 zone but went straight down. This is a lesson learned to control risk and have patience. There is always trading opportunities. No need to rush into a trade. Forcast next week: Gold should first go up to 2364 then to 2290. Happy weekend and Have a balanced life.
The fundamental outlook for gold is less positive, as is its near-term technical price action. If gold prices close this month below $2,300 an ounce, Next week will be an important test for gold. This level has become an important pivot point. Gold appears to be overbought on the monthly chart, and a midweek close below $2,300 would cast a considerable shadow...
The situation in the Middle East, as predicted earlier, has eased. The United States acts as an intermediary, taking positions and speaking on behalf of both parties, which helps ease tensions. In the absence of new news, the gold market's operating philosophy should be based on upward breakthroughs after range oscillations. As the market opens higher, investors...
Gold's 4-hour moving average crosses downwards in a short position, and gold's downward space opens up. Gold's 4-hour double top continues to suppress gold's rise. Gold fell below the last new low of 2292, and gold has resistance at the 2300 mark. If it rebounds to around 2295, it can be shorted first. Trading strategy: short gold 2295, stop loss 2305, target...
Hello,Traders! GOLD went above the Key horizontal level Of 2325$ then made a Retest and is going up now Again so I will be expecting A further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
XAUUSD formed Symmetrical Triangle, will price move towards its target? Entry, Stop Loss & Take Profit are mentioned for both sides breakout.
Greetings, everyone! I'm back with a new analysis and am looking for a sell opportunity in the OANDA:XAUUSD pair, There are two areas given on the chart for sale,
Dear all friends after a break now Im here with you. We have a new downtrend for XAU after days : Im going to be ready for tommorow and scalp gold. follow this Idea I will update it on Monday ...
Gold has bounced from the weekly FVG, followed by the breaker and AMD narrative as per my previous analysis below. In the cot data, we can see a little bit of profit taking from longs in the last two weeks, but no shorts added at all, this confirms my bullish idea. Resistance levels: 2365, 2380 Support levels: 2320 Previous Analysis: Video...
As have been sharing a lot of bullish scenarios. This is my main idea and most likely. I see 3 waves why we have seen 1.27% extension rather than 1.618 at 2500 many are still looking for. wave 5 can get crazy and can tag 3k as many believe will happen. But in shorter term it is going to shake a lot out and create bears. Looking for a bear market starting. ...
The rise of gold is an opportunity for shorting. All trading signals in April remained 100% accurate, and the profit was close to 200K. Accurate signals are sent every day, don't miss out!
In the European market on Thursday (April 25), gold rebounded after almost falling below the key support of $2,300. The price of gold rebounded to $2,330.6, but technical analysis believes that the market below $2,333 failed to reverse the bearish trend. A stronger dollar and easing tensions between Iran and Israel have weakened gold's safe-haven appeal,...
TVC:GOLD Gold is breaking out of channel on 15M TF Sell @ 2328- 2330 SL: 2334
Market attention turns to the Federal Reserve's monetary policy decision on May 1 and upcoming nonfarm payrolls data. Data released last week showed US gross domestic product fell short of target, while the core personal consumption expenditures (PCE) price index, the Fed's preferred inflation measure, stagnated at growth of 2.8% year-on-year for the second...
Traders, Here's a breakdown of the current situation: Daily Chart: Despite a bullish channel, recent candles show signs of weakness, warranting caution. 4-Hour Chart: The trendline has been breached, and a reversal to this broken level is underway, indicating a potential shift in momentum. Intraday: A pivotal point coincides with previous significant zones,...
Hey there on 1htF the Gold has moved upside from last 2 days and also now continue moving upside from last pivot 2305-2309 so we can further demand Support is 2320-2330 When the upside our next target is 2380 We can see on April can be rebound and moved top 2400
With the start of the week we are down at least a 1000pips, does that mean we are oversold? well not exactly but the uncertainty in the market is usually good for catching some good trades. We are currently at the low of the bullish trend that's been going on. I'm really hoping for a retracement back to 2360 to at least correct for the 1000pip move we had.
Update plan gold 2024- 2025 Gold's daily line has been broken, but we should not rush to sell gold right now because it is facing quite strong demand. I believe that this factor will help gold recover to 2390-2400, then we will sell off gold at higher prices. Normally, gold will peak in early May, this we need to consider further in the case of a sweep. old peak...