Yesterday's gold market trend was highly consistent with our expectations. We emphasize the changes in the rhythm of long and short, and believe that there is the possibility of an increase after the decline. According to the current trend, gold may remain volatile and strong today and may continue to rise. Although the market has changed significantly recently, I...
I'm expecting price to go finish ABC correction of wave 4 of C and then to fall to complete wave C of primary degree 4
Hello traders. I have marked my area of interest but for now I am just waiting. The current 4 hour chart is all choppy trash to me. I am waiting to see later what happens with the overnight sessions to get out of my no trade zone. I can see a scalp up from the 2316 area towards the 2326 area but for me I will wait for a break and close above or a rejection...
As you can see in the 3-hour time frame in the chart: The price has shown a very good reaction to its 200-day middle simple moving average line. By seeing the confirmation candle, you can adopt the desired position according to the order of the floor and ceiling blocks shown.
Fundamental Analysis Weak S&P Global Business PMI data cast doubt on US economic developments amid growing expectations that the Fed could keep interest rates 'higher for longer' US Q1 GDP forecast will be announced on Thursday, expected to decrease to only 2.5%, this will weaken the US dollar and create conditions for gold to grow. Technical Analysis On...
Gold remains stable amidst a downward trend, given the backdrop of rising US yields. Reduced tensions in the Middle East contribute to market stability, albeit dampening the demand for gold. Looking at the one-hour chart, it's evident that gold's potential for price appreciation is still constrained. The Relative Strength Index (RSI) has solidified around the 40...
Yesterday I turned into busy with non-public subjects and couldn`t percentage the transaction with the complete family. Tonight I will set up to take a seat down on Zoom to manual and chat with the complete family. >Currently, Gold Overall, I see it's far sideways withinside the fee variety from 231x>2330. Currently, in line with the H4 Trend, I suppose Gold will...
GOLD TRADING SCENARIO ON April 24, 2024: Strategy 1. From now until 11:00 a.m. - 12:00 a.m. Gold returns to 2310, then Buy Gold right away. TP hopes to reach 2321, which is further than 2332, but there is a condition that requires at 6:00 p.m. Gold closes above 2313, and vice versa. Gold closes below 2313, then exit Buy and move. Sell direction to 2288. Sell...
4H is swing bullish => current is pullback dow 15 is swing bearish => current is pullback up We look for more opportunities to sell down when the price increases and breaks through IDM
After gold reached 2,400 US dollars, I have been prompting to short gold. I started the layout last week and made huge profits this week. I made a profit of 100Kusd in one week. In the next trading, I will continue to provide accurate signals and the latest trading strategies, don't miss it!
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) Ideas For 25 April 2024 SELL LIMIT Order: $2327.62 Stop Loss: $2337.64 Take Profit 1: $2317.85 Take Profit 2: $2304.86 Risk per trade: 0.5%. MT4/5 trade expiration: Today 100% mechanical strategy, zero analysis, zero...
Hey guys, I had change my buy position to a liquidity area from the nearest low of H1 support level. Lets monitor and see how it plays out
Gold is currently facing resistance at key levels, making it challenging for prices to push higher. Factors such as a strong US dollar, rising interest rates, easing geopolitical tensions, and bearish technical indicators have all contributed to the pressure. While the long-term outlook for gold remains positive, the current resistance zone suggests that the metal...
Gold completed its wave 4 ( D wave system) which is called reversal on Lower TF. Our target remains to be 2280 zone for the drop next. This is not a financial advice.
You will never see a chart as clean as this. SMC to the World! #sirtuns @sirtuns4real
Upon examining the monthly gold chart, it appears there could be a significant price drop, a secondary scenario in our analysis. We don't foresee a 50% decrease in the near future, though it's not impossible, especially if the market downturn affects all sectors, including gold. It's crucial to consider all possibilities due to market unpredictability, even a drop...
From the daily chart of gold trends, we can see that the current price has stepped back to the 20-day moving average. Yesterday's closing was a small negative line with a long lower shadow, which shows that there is great uncertainty in the later period. The moving average has a supporting effect on the price trend. If the price stabilizes next, the upward trend...
Hourly candle took both previous day range and highest point of previous bullish candle.. so don't miss short opportunity here .