The current price of XAU/USD is 2414, and the market sentiment remains predominantly bullish. Notably, the level at 2391 serves as a crucial support structure, indicating potential buying interest if the price retraces to this area. Conversely, if the price reaches 2410, there could be a temporary bearish correction due to it acting as a resistance level,...
In fact, everyone should have noticed that the market this week is too boring. Gold currently continues to fluctuate in the range of 2320-2307. This gives many people who trade gold a headache. So what will be the short-term trend of gold? This is a point of concern for many gold traders. Combined with the picture above, the market is currently in the stage of...
XAU price continued to decline as investors took profits after the latest meeting minutes of the US Federal Reserve (Fed) showed that interest rates will stay higher for a longer period of time. After the release of minutes from the Federal Open Market Committee (FOMC) meeting, the Fed's decision-making arm, revealed that, although policymakers expected price...
The Disciplined Trader XAUUSD DAILY INTRADAY TRADING IDEA How to enter the CHART ?? 1. Look for candle to cross our zones 2. If the candle crosses above/below our zones and closes then take buys/sells ( look no 4.) 3. Look for 1hr candle confirmation / 15/30 mins TF for entry during Asian session and 30 mins TF confirmation/ 5/15/30 mins TF after london...
The current analysis indicates a Bearish trend for XAUUSD, provided it stays above the PIVOT LINE at 2360 as we mentioned before. The prevailing Bearish pressure suggests that if trading remains below 2360, the trend will continue a strong downward. The price is expected to rise to 2376, and stabilizing below 2360 could lead to a further decrease to 2344 and...
OANDA:XAUUSD in my last chart, I had faults in analysing and predicting the wrong position for selling gold but, In general, the trend was correctly predicted and there was a downward trend ahead.
XAU price dropped sharply in this morning's trading session as the USD increased thanks to the policies of the US Federal Reserve (FED). According to the newly published minutes of the FED's meeting, although the US Central Bank's monetary policy has become a secondary factor in the gold market, persistent inflation may force the FED to raise interest rates once....
📈 Analysis Update: GOLD Primed for a Bullish Breakout 📈 Hello traders! I've been closely monitoring GOLD's price action, and it's presenting an exciting opportunity. After forming a classic Cup and Handle pattern on the 1-week time frame, GOLD has recently broken out, surging towards new all-time highs (ATH). But the excitement doesn't stop there. Currently,...
Gold increased yesterday, but weakness appeared when yesterday's D1 bar created a bearish pinbar structure with an upper shadow and closed half of the amplitude, at the same time it swept above the previous price peak and then pulled back down. to close below the old peak, potentially creating a false break pattern forming a bullish price trap. This is a sign of a...
💎XAUUSD Analysis💎 🔸Yesterday`s gold charge passed the antique top of 2430 and right away after that withinside the afternoon consultation, there has been a correction. However, withinside the nighttime consultation, the marketplace reacted and the gold charge multiplied again, presently positioned withinside the top place across the 2430 threshold. Observing at...
Hello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze...
Gold set a brand new height way to expectancies that the Fed might reduce hobby quotes and elevated geopolitical dangers Gold fees elevated via way of means of 1.4%, achieving 2,450.07 USD/ounce, surpassing the file set in April. Traders are growing expectancies that the Fed will reduce hobby quotes, as early as September, which ought to aid gold fees. “Gold`s...
1-hour gold wave count: Since the analysis on April 14th when the green fourth wave started correcting, the sub-wave blue WXS formed a downward wedge. According to the coiling theory, it can be seen that the drop ended at 22277. Currently, the green fifth wave is in progress, with the sub-wave of the blue third wave currently extending. Updating perspective
👁️ OUTLOOK 5hr chart: 30m chart: Context 5hr: Gold has been moving very clear for the past 2 weeks. Price is currently accumulating breaking new highs and is moving above the 10,50,200emas very nicely. Price is currently a little over extended and can pull back to the 10ema at the beginning of the week. Validation 30m: Price is breaking new highs and has...
Analysis of Gold Price Movement in May 2024 For the daily timeframe in May 2024, Gold has opened at a high level, indicating potential seller activity. The initial target for price movement is the open price of 2321.07 , serving as the primary take-profit point for the monthly structure. Utilizing Fibonacci analysis, the first take-profit level is identified at...
I predicted Gold's bull run in February. It has moved 3,950 pips since then, and now we've had a good pause to keep pushing up. We'll see more Ath's this month. I'm ready for the bullish continuation! Check below for my previous analysis...