World gold costs generally tend to lower with spot gold down 2.four USD in comparison to remaining week`s final stage to 2,388.eight USD/ounce.
The international gold marketplace remaining week fluctuated in line with a acquainted pattern. Gold costs constantly touched new highs way to being boosted with the aid of using refuge call for because of fears of...
Hello, fellow investors! 🌟 Hope you're riding the waves of the market! 🌊✨ XAUUSD is the star of the show, breaking barriers with gusto! 🚀💰 Here's today's market update:
🔍 *XAUUSD Analysis:* 📊 XAUUSD is in a thrilling showdown between 2372 and 2364. 📉🔄 Anticipation builds as we await the breakout! Will it soar to new heights or take a dive? 🤔💥
📉 *Downside...
The current selling zone for XAUUSD is between 2370 and 2375. This suggests a market sentiment favoring the selling of gold against the US dollar within this price range. Traders may consider setting take-profit levels at 2360, 2350, and 2325, indicating potential exit points where they aim to lock in profits as the price declines. Meanwhile, a stop-loss order at...
"The gold market has shown a promising buy signal at a price of $2388.20. This indicates a favorable opportunity for investors to consider purchasing gold at this particular price point. With a targeted trajectory, aiming for $2400 and $2410, this buy signal suggests potential upward momentum in the market. However, it's crucial to mitigate risk, and setting a...
Gold has been reaching new heights,
I was targeting 2500 but it like the momentum is no longer the same since now that the sellers are more than the buyers.
Gold has steadied near $2,380 after a sharp spike above $2,400, triggered by immediate reactions to reports of Israeli strikes on Iran. Concurrently, a decline in U.S. Treasury yields has helped stabilize the XAU/USD position.
XAUUSD is rising toward the pivot point and could potentially fall to an overlap support level
Alternatively, if price breaks above the pivot, it could continue to rise to a pullback resistance level
Pivot: 2376
Support: 2348
Resistance: 2393
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money...
if this trendline holds price will pump again to upper trendline and if this trendline break and price give bearish retest at 2365 then price will visit 2327
-Trader_muru
As a short-term swing trader, I continuously seek out reversal zones at critical levels. This pattern has been a familiar occurrence for me, especially with recent fundamental shifts such as geopolitical tensions and China's increased gold purchases. In light of these developments, I anticipate potential uptrends following each sudden decline in gold...
Greetings Traders,
In this analysis, we'll delve into the potential for a significant reversal in the price of gold, focusing on the 4-hour timeframe. Let's break down the factors contributing to this anticipation:
Technical Analysis:
Bollinger Bands: Using the Bollinger Bands indicator, we observe price action within the upper and lower bands. A narrowing of...
If wave B of the 4th wave is completed in xauusd, I expect to see a sharp sell -off in wave C. However, the general uptrend will continue for a while and will experience new highs.
Book some profits and trail you stop loss to entey point
If you take any position based on my analysis just leave the comments
Happy trading
And just support the idea if you like my ideas
There seems to be alot more pending buy orders that need to be filled before Gold can start to fly again. Some nice structure already being created for Gold to do some step movement to the downside.
Gold prices turned down slightly at the beginning of the Asian session
XAU/USD's decline has continued and the precious metal is currently trading around $2,377 today morning.
After rising above the $2,400 threshold last Friday, gold prices have adjusted back down after tensions in the Middle East were contained and are currently trading around the $2,377...
Since I have a one profitable tread since morning I am going to in a long tread with small quantity
And my stoploss for this tread for now it little big due to I am not waiting for any confirmation
Just treading on my own analysis
From the analysis, we have seen a breakout of the trend channel so we expect a sell through to the next buy zone or a retest on the channel breakout before we have the definite sell
More insights would be given as the market gains momentum 👍
