OANDA:XAUUSD took liquidity below the weakly low. On the daily timeframe, the price formed an inside price action pattern. As we can see, the market rejected the support level by creating a long-tailed bar. Since we have upcoming news today, there is a chance that the price may pull back. I think the market might keep moving upward, approaching the resistance...
FX:XAUUSD on the background of dollar correction is strengthening to the resistance of the bearish channel, which was formed on the background of sell-offs. Ahead of strong news, on the background of which the price may reach the liquidity zone before further decline. On the high timeframe, a false breakdown of support is formed, liquidity gathering and after...
In early trading in Asia on Friday (April 26), gold fluctuated within a narrow range around the 2330 key point. The United States announced an unexpected slowdown in economic growth in the first quarter and higher-than-expected inflation. The US dollar was hit, and gold rose by more than $16. The United States After the GDP data was released, the price of gold...
This scenario assumes that wave C primary degree not yet finished and we're just starting wave 5 of C. This is my main scenario and I'm holding shorts with SL: 2348 and TP: 2280.
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This scenario assumes wave C primary degree have finished and we're going higher for wave 5 primary degree.
Price currently trade at 2338.00. Price surged higher and currently print a bullish-like structure. Hence, the market may likely continue to trade bullish for shorterm till 2369.46 where we’d look forward to hearing from US FED RESERVE COMMITTEE . A buy opportunity is envisaged from the current market price
World gold spot rate is round 2,318.eight USD/ounce, down 1.2 USD/ounce in comparison to overnight. Gold futures rate in June 2024 at the Comex New York ground is at 2,330.2 USD/ounce. At 8:00 p.m. on April 24 (Vietnam time), today's spot gold price on the world market is at 2,320 USD/ounce. Gold for delivery in June 2024 on the Comex New York floor is at 2,334...
Xau is expected to make a buy pullback after a SHORT yesterday through to the 2290's GOLD would be going on a bullish hedge as we anticipate a turnaround for a continued short at the indicated reaction zones- R1, R2 and R3 Based on the analysis, the expected zone of turnaround is R2 just as indicated by the lowering arrow or we could have an uptrust .. Like, ...
Hello everyone, I see a bullish continuation of gold up to its supply zone in the premium zone.
Gold is at the Edge of 44 Years Old Trend Line beautifully placed weekly candle just above the Trend Line, Giving perfect signal for Retesting done and Gold is ready to Take Big Fly
I´m expecting jump up on GOLD due fundamental fuel. You can buy now at the curent price 2321 and target 42. After partial TP at this level, target 55. Wish you good luck.
The gold trend is downward and we will see more gold falls... I am not a gold trader because I am afraid of the volatility of gold This process is only for someone who invests.
The support line marks the point where demand takes precedence over supply and prices will not decrease below that support line. The reverse holds true for a resistance line. Prices often break through support and resistance lines. A breakthrough a resistance line shows that the buyers have won out over the sellers. Open price 2340 When the price moves up and...
Gold rejected from supply zone/order block from yesterday and has formed a lower low this morning. If we go by ICT we are going back to 22xx from here. I have entered a short once the previous low was broken at around 2324.5. Plan is to exit in parts based on support levels below and Fibs. With news and wars making markets extremely volatile I entered the trade...