Gold tested the 2280 support 3x last week, with the lowest hitting a 4-week low of 2277. The gold price held on to the 2280 support following a relatively neutral Powell's Fed announcement and weak US employment data. Since the price has bottomed out near the end of last week, expect the gold price to initiate a rebound in S-T. 1-Hr Chart - The gold price has...
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Hey everyone, let's dive into what's new in the gold market today! Yesterday, gold saw a significant breakthrough, with the metal surging from around $2300 USD to as high as $2350 USD at the current moment, completely brushing aside previous bearish sentiments. The weakening of the USD has strongly supported the upward trend of this precious metal. Additionally,...
Hello all dear traders! Overall, gold experienced significant volatility yesterday with the price rising above the $2,328 level, completely abandoning the previous corrective trend in the price wedge shown on the H4 chart. It is currently trading steady around $2,350 and is up 0.15% on the day. So what are the factors driving gold? Speaking of trends: Gold...
Scarce U.S. economic data will keep investors focused on Federal Reserve officials in the week following last Friday's U.S. jobs report. Gold prices are trading around 2,312USD/oz after reaching a daily high yesterday of 2,321USD/oz. The story in financial markets focuses on when the Federal Reserve will begin easing policy after releasing weak economic...
buy sell order placed wait for 1 more spike then big sell next
OANDA:XAUUSD jumped as weak US initial jobless claims data and dovish comments from Federal Reserve officials weighed on the US dollar, along with tensions. New tensions in the Middle East attract risk haven demand. Data released by the United States on Thursday showed that the number of people applying for unemployment benefits increased by 22,000 in the week...
True Open daily at 00.00 (NY TIME) - Targeting Manipulation during London session and expecting a bullish trend during NY session. Targeting 2368.35 as TP . Bismillah~~~
Very simple break down on gold which has been on a rip recently. Looks like its ready for another leg up.
Geopolitical tensions withinside the global have now no longer ended and principal banks of nations are continuously shopping for gold for reserves Currently, gold costs are growing specially because of geopolitical tensions High US hobby charges over an extended time frame aren't an amazing signal for gold, pushing up the possibility price of making an...
Price Status : Reaching week 1 equilibrium Unsettle Price level : Open price week 1 (Tuesday). Alert On this Price.
Challenge: ICT liquidity sweep, market structure shift, fvg for entry
Geopolitical tensions in the world have not ended and central banks of countries are constantly buying gold for reserves Currently, gold prices are rising mainly due to geopolitical tensions High US interest rates over a longer period of time are not a good sign for gold, pushing up the opportunity cost of investing in the yellow metal. Recent statements from US...
On the 4-hour chart, XAUUSD broke through to the upside after experiencing a wave of shocks, and the bullish trend prevailed in the short term. At present, we can focus on the support near 2332. If we step back to this position and stabilize, it is expected to continue to rise. The upward target is towards the 2400 mark.
depending on the support and resistance lines we can say that gold ll try to make new high to 2350 ....then ll go down to 2258 .... in this comming days ... =========================================== good luck
In this analysis, we'll be focusing on the H2 timeframe for XAUUSD, with key levels at 2320.00 if it breaks below 2320.00, the sell target is identified at 2306, suggesting a bearish trend. Let's delve deeper into these levels and potential outcomes.
i think we might have a final retest before we go up. i want to long it, but i'll catch the short first.