World gold prices increased thanks to motivation from the weakening of the USD and US Treasury bond yields after US producer price data for April was announced. Specifically, the US producer price index (PPI) in April increased by 0.5% over the previous month, a stronger increase than the forecast of 0.3%. Core PPI (excluding volatile food and energy) also rose...
another scenario larger wave 4 c end at 1980 2600 wave 5. Large but possible b 1.618 of wave a. A running flat with symetry
dear all my wolfy traders : I see a down trend for Gold its true unless price breaks red area with price : 2437.189 so I prefer to trade it short. be aware of the small waves that may cause loss for you so try to find good areas to enter. respectly ask any question if you have.
Good morning Traders, This is my sell zone for today 💡 Nothing clear to be honest just this zone created on Asia session. It’s a risky one as Asia High is resting above, but will monitor and see how it reacts. We have news today so we might see low volume until news time. Keep it safe 🤝 Trade smarter, not harder! 💼📈 Don't miss out on potential gains - Hit...
final night time I additionally shared approximately GOLD in keeping with Trend, it's going to maximum possibly growth strongly to 2450. This morning once I opened the consultation, I noticed Tang Manh, however I become afraid that the consultation might be smooth to run virtual, so now I endorse it. >At this price, I see GOLD is gathering to growth further. It is...
XAU can take 2516 $ and new target you can buy ETF and waite for achieve this target
red for bottom blue for top it always changes every 1 red cycle so this year and next year could be bull cycle for august
Analyzing GOLD XAU/USD involves a comprehensive understanding of both fundamental drivers and technical indicators. Fundamental factors like macroeconomic trends, geopolitical events, and monetary policies influence the long-term trajectory of gold prices, while technical analysis helps traders identify short-term trading opportunities based on price patterns and...
ready for $2600 as we flip our ath should get a retest but since am bearish on the dixie recon we keep going from here and the fun has not even started for peter schiff flip side dixie may deviate above range for now so pullbacks are for buying
The price is about to touch the massive support line which basically a strong support zone for the gold. In addition to that, watch MA 50 and 200 crossovers, every time when they crossed it was followed by a big move. Lets see how it is going to play this time.
Gold has been picking up bearish momentum we can expect a fall to 2359 but use proper RM as price is at an important zone.
News: The United Nations Security Council passed a resolution clearly calling for an immediate ceasefire in Gaza and the release of all hostages. Demands an immediate ceasefire during the Muslim fasting month of Ramadan, which ends in two weeks, and the release of all hostages held by Hamas in an attack on southern Israel on October 7 last year. The deadline ends...
Falling wedge pattern forms in an overall bullish trend. As we can see on H4 chart of the Gold Usd pair, We have a classic falling wedge forming. Breakout of this falling wedge will push gold prices higher with initial targets of 2340 - 2375 and final target of the psychological level 2400. Confirmation of the targets will come after an H4 close and retest of...
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...
Gold is moving in an ascending channel also creating a bearish flag pattern. With the DXY at the bottom of the channel hoping for a bounce back to the upside, one can also expect a bearish reversal before bullish continuation
Gold is moving in an ascending channel also creating a bearish flag pattern. With the DXY at the bottom of the channel hoping for a bounce back to the upside, one can also expect a bearish reversal before bullish continuation
Gold is on buying pressure towards 2400 however ,its rejected from 2370 resistance . todays multiple news are coming ahead, I do expected PPI numbers are higher that helps gold on selling pressured will retrace asap on CPI which gives the sell trade on gold .Our targets will 2348-2353(in extension 2330). on the other hand if the numbers are negative the 2370 will...
Higher timeframe outlook for gold most likely scenario now is short period of back and forth, or a bit deeper pullback, in both cases followed by new bullish continuation. Look at LTF for further confirmation