I think OANDA:XAUUSD has the potential to reach all-time highs at 2500, although a pullback to around 2300 wouldn't be a surprise since the market failed to close above the key resistance at 2400, which means there is always a probability of sharp bearish moves. Right now, the market feels overextended in both directions. I expect the sideways move to last for a...
Yesterday, the gold market saw a strong rise under the influence of the geopolitical situation in the Middle East, reaching a maximum of $2,417 in the morning, but then the price retreated and the gains were completely digested. It rebounded again to $2,401 in the evening and finally closed at $2,390, exactly in line with our expectations. The daily chart shows a...
Although the dollar and US Treasury yields rose as US retail sales rose more than expected in March, tensions in the Middle East boosted safe-haven demand, and at the same time, the market Expecting that the Federal Reserve will be able to delay interest rate cuts this year, gold prices did not extend last week's decline but continued to increase. Iran launched...
OANDA:XAUUSD remained steady as safe-haven demand due to ongoing tensions in the Middle East offset weakening expectations of a US interest rate cut this year. Data on Monday showed U.S. retail sales rose more than expected in March. Yields on 10-year Treasury notes rose for a second straight session, with rising bond yields putting pressure on gold as they...
The price spiked up from the support level. OANDA:XAUUSD made an engulding candle. On the daily timeframe, it formed inside a bar formation. I think the market may keep moving sideways between 2410 and 2365; it could be the continuation of the current trend because it broke the triangle formation. The price rolled back to retest the triangle pattern. I expect a...
Hello traders ,what do you think about GOLD?After its recent growth, gold has reached the ceiling of the long-term channel. After a little fluctuation in this area, it is expected to correct at least to the midline of the specified channel. If this post was useful to you, do not forget to like and comment.❤️
XAUUSD is now trading above 2389.000 price level which is the lowerhigh of 19 April 2024, in friday XAUUSD closed at 2392.070 Now the shown dotted inclined sideways pattern may occur clearing the lower lows going in and upward incline XAUUSD is looking to clear the 19th April 2024 Higher high to create a new high to push the market up for the remainder of the year
Sell is the best option tiill all time high sustainability.target 2353-2330 Sl should be 2435
OANDA:XAUUSD Gold stabilized near $2,380 after spiking above $2,400 with the immediate reaction to reports of Israel striking Iran. Meanwhile, the pullback seen in the US Treasury bond yields helps XAU/USD hold its ground.
Whenever the price breaks the neckline, then there is no immediate sell. Here we have to wait for a retest. When price retests and price forms a bullish candle, then we can sell Open price 2390 Confiram and best analysis
Hi traders, Last week XAUUSD did exactly what I've said in my outlook. It went a little bit lower and then it started the correction up. So for next week we could see another drop to finish the bigger correction down. Let's see what price does and react. Trade idea: wait for a correction up and a change in orderflow to bearish on a lower timeframe to go...
KOG REPORT: In last week’s KOG Report we said we said the correction in gold was likely going to be profit taking and we were not ready to suggest it’s bearish as yet. We suggested that resistance may hold during the early part of the week and if it did, we felt the opportunity to short the market back down into 2330-35 and below that 2310-2295 would be...
in the normal stage of xauusd ... remains healty on the bull move in making corrections against the bears ... 2409 is subjected to be taken out as a liquidity sweep before the next moves gets deciphers ...sit tight fellaz , and anticipate the moves ,comment,boost .THANKS
✍️ NOVA hello everyone, Let's comment on gold price next week from 4/22 - 4/26/2024 🔥 World situation: The price of gold surged to a new high above $2,400 as tensions between Israel and Iran in the Middle East escalated. The uncertainty surrounding the conflict led investors to seek the safety of gold, pushing prices up to $2,417 per troy ounce. However, the...
Hello everyone Gold analysis for this week, the direction of gold is still upward, we have two buy zones, the 1st one starts at 2373$-2362$, the 2nd zone starts at 2318$-2302$ these two zones have the potential to bring gold up to a target of 2497$, and if the zone of 2373$/2362$ breaks with a 1H candle it will go down to 2318$ Just keep in mind that this...
As we all can clearly see that non of a single H1 candle is closed below the trend line I have drawn. we have two support areas if gold breaks the trend line we can expect 2337-2340 and in extension (2325-2327). however, the consolidation happens at 2368-2372 and price action happened there will be clearly a Bullish reversal till top.yet Bull run is not over .
Hey Everyone, Please see our updated 4h chart levels and targets for the coming week. We are seeing price test 2389 weighted level on market close with already a new body close above this level opening a gap to 2410 but will need ema5 lock to confirm this gap further with also an extension to 2429. We also have bearish support target at 2354 and will need to...