Hello everyone, let's delve into today's gold prices!
After hitting a low of $2,282 yesterday, gold has somewhat regained momentum, surpassing the $2,300 mark and currently fluctuating around the EMA 34 and 89 lines, with a price around $2,318 in the early hours of Thursday.
Gold is still undergoing a correction phase, especially after the Federal Reserve...
🏃♂️ Gold is moving near the 🟢 Support zone($2,327-$2,302) 🟢, 100_SMA(4-hour TF) , Yearly Resistance(2) .
🌊According to the theory of Elliott waves , Gold seems to have succeeded in completing wave 4 with Double Three Correction(WXY) .
📈In terms of Classical Technical Analysis , the 🏳️ Bearish Flag Pattern 🏳️ is well visible.
🔔I expect Gold to fall...
Hey team, Hope you are Enjoying our ideas and Analysis. today in Running Session we are Monitoring XAUUSD, Looking For Bullish Opportunity That we have Shown in our Chart Pattern Around 2309-2305 Buy Limit Once we will Receive any Bullish Conformation the Trade Will be Excuted
Good Luck Guys 🤞
As I mentioned yesterday, following the substantial decline observed on the last day of April, OANDA:XAUUSD could potentially rise and test the resistance zone around 2315.
Indeed, Gold rose even further to the 2330 zone before beginning to decline once more.
In my view, the medium-term trend for Gold has shifted to bearish, and I anticipate a new decline...
Gold is currently experiencing a downward trend on a daily basis. Last week, the price dropped below an important horizontal support level and remained below it.
This has created a supply zone with a broken structure and a descending trend line.
Today, there was a significant bounce back from the lower boundary of this zone, indicating strong resistance.
It...
Hello, TradingView community and my subscribers, please if you like ideas do not forget to support them with your likes and comments, thank you so much and we will start a LONG outlook on #XAUUSD explained. Price action analysis & key level
Good morning ☕️
Today’s setup 💡
We saw a massive move to the upside after the interest rates announcement yesterday. 📈
Hoping for a pullback into the marked buy zone now. 🧐
Too bad I missed the sell zone from yesterday while I was driving, but setups happen every day, so no need to rush or take unnecessary risks without a clear setup. 🚗
Remember, patience...
Always and at all times. All events will occur in the chart.
Trend Prediction - XAUUSD Forecasting - Resistance and Support Lines --- It seems that the cup and handle pattern is forming ---
**** Yousef Sharafi ****
In the 1-hour timeframe, gold appears to be exhibiting a bearish trend, as indicated by a descending channel pattern and the development of an Elliott Wave ABC pattern. The descending channel suggests consistent downward pressure, while the ABC pattern typically signifies a corrective phase within a larger downtrend. Traders may consider short-term selling...
After gold crashed hard, we are back at it again. Price seems to have found strong support on this lows 2279. Bullish move expected target 2393 level, stops below 2275. Use proper risk management.
Gold expenses recovered withinside the buying and selling consultation on Wednesday (May 1) after the United States Federal Reserve (Fed) saved hobby costs unchanged, with bottom-fishing sports acting because the USD and bond yields fell.
Closing the consultation, spot gold charge improved 0.9% to 2,306.eight USD/ounce after falling to its lowest for the reason...
XAU improved after Jerome chairman spoken.
Jerome Powell is
Chair of the Federal Reserve of the United States
HiGH RI NYSE:K ***
Forex (SWING)
XAUUSD SELL
Entry zone: $2,323 to $2,328
SL: $2,335
*Disclaimer*
We do not provide financial advice, all content found in our channels is for education purposes only. We will not be held liable for any actions...
XAUUSD is currently exhibiting a neutral stance on the 1-hour timeframe, trading between support at 2238 and resistance at 2335. The price action suggests a consolidation phase, indicating indecision in market sentiment. Traders should monitor for potential breakout scenarios while considering key technical indicators for confirmation, exercising patience and...
Selling XAUUSD at the current price of 2320/19 is recommended. The entry price is set at 2320.10, with three take-profit levels: 2315, 2312, and 2308. Additionally, a stop loss is placed at 2326 to limit potential losses. This strategy aims to capitalize on a potential downward movement in the XAUUSD pair, with the take-profit levels indicating incremental targets...
