Hello traders It looks like a good time to buy XAUUSD. after the confirmation of cup pattern because the trend is going up. Just remember to keep an eye on the market in case things change. Also, make sure to protect yourself by setting stop-loss orders below the support zone to avoid big losses if the market suddenly goes down. Target Hit 🔥🔥🔥🔥
It is expected that after some fluctuation in the current support range, the continuation of the downward trend will form and advance to the next support range. If the price crosses the 50% level, there is a possibility of starting an upward trend
@All Hello new week anyone. Wishing anyone a brand new week complete of energy. Good fitness and worthwhile trading ❤️❤️ @All GOLD this morning There turned into a pretty sturdy decline. This weekend there may be Nonfarm news. Currently, the Gold fee I see is extra at the Sell side. If every person watched the Zoom consultation the opposite day, I shared...
XAUUSD price failed to break last higher high created at level 2331 and created Lower high structure and after creating LH structure, price broke my HL creating CHoCH and created new structure LL now we must wait for price to give us LH to confirm our short entries
Weekly Analysis: Analysis/Bias remains the same as last week's weekly analysis dated 28 April 2024 -> Swing: Bullish. -> Internal: Bullish. Price printed a bullish swing BOS followed by a bullish iBOS and continues to break all time highs. Most likely scenario would be for price to pull back following swing and internal BOS (Break Of Structure) First...
I believe gold is real wealth. You can hold in your hand, protect it and use it as you see fit. Hold a stack of gold coins in your hand and see for yourself that there is nothing else quite like it. There is also the metaphysical property of gold to attract more wealth, acknowledged in many cultures. This has been true for me since I started accumulating...
Short term: Bullish, anticipating a breakout pullback on higher timeframe for price to continue its sell. Refer to charts and my previous video ideas
We finally broke through the bullish momentum we have been on, my current thoughts are that we will see XAUUSD retrace further and back down.
15min SELL SETUP ❗️ This is a high risk setup as Asia High is right above the zone so take in consideration if you decide to trade it 🤝 Trade smarter, not harder! 💼📈 Don't miss out on potential gains - Hit that BOOST button if you like the idea 👍 Share these 👉 and make sure to Follow me for your daily dose of gold trading analysis! 💯 Remember, always...
The price of gold surged to nearly $2,320 at the start of Thursday, indicating a slight recovery in the market after previous challenging periods. However, upon examining the 4-hour chart, it's evident that the potential for price increase remains limited. The Simple Moving Average SMA 20 is trending below the Simple Moving Average SMA 100, signaling unclear...
As of now, gold is trading at 2329, with a notable resistance level observed at 2335. Should gold breach this resistance, traders may consider pursuing the following targets: 2341 to 2355. Alternatively, should a sell pattern manifest, indicating a potential downturn, traders may anticipate the following support levels: The initial support rests at 2320, followed...
Yesterday, the gold market experienced significant volatility, with prices falling below $2,400 and continuing to decline below $2,300 during Tuesday's Asian trading session. This decline was triggered by escalating tensions between Israel and Iran. Market participants are betting that the ECB will cut interest rates in June, with three rate cuts expected...
Affected by the geopolitical situation, gold has rebounded, but we still insist that gold only rebounds rather than reverses. Therefore, Sell can continue after rebounding near 2325. Gold's 1-hour moving average continues to cross downwards in a short position, and there is no sign of a turning point. Gold's rebound is limited, and it has not truly stood above...
The price of gold experienced a modest decline towards the end of Tuesday's trading session in the U.S. after reaching a high of 2,334 USD. During the Asian trading session the following day, XAUUSD continued to drop to 2,323 USD, marking a decrease of 0.11%. Despite the weakening of the U.S. dollar following the release of weaker-than-expected U.S. PMI data, gold...
Gold is currently in an ending diagonal which breaks down into 5 waves with 3 waves each. It appears as if the top is in for wave 3 and now we've started wave 4. We are expecting an ABC correction for wave 4 leading towards the fibonacci level. For those that are interested in entering, watch for any sort of pullback and enter with stops above the...
We are now in last phase of 1 bullish wave , next week we shall see new All time highs in Gold , before and pullback , this will be different guys more aggressive in Gold , Tp available in chart , many reasons to this rise escalation between countries etc …
Hey everyone this is Nathima, GOLD IS IN CLEAR RANGE FROM 2320 TO 2334 please check out the update on gold for now there are two scenarios let discuss the first one Scenario 1: gold is in range if price breaks above the range which is 2334, close m30 candle above it and the next m30 candle should first wick down and started to sweep the high of the previous...
I think OANDA:XAUUSD has the potential to reach all-time highs at 2500, although a pullback to around 2300 wouldn't be a surprise since the market failed to close above the key resistance at 2400, which means there is always a probability of sharp bearish moves. Right now, the market feels overextended in both directions. I expect the sideways move to last for a...