By any chances im looking forward to make a sale at that level that ive indicated in the zone if there are signs of exhaustion and rejection. i looks like a strong resistance level. how ever if the price breaks up on the one hour time frame and close bullish the whole set up will be broken and the possibility that gold will continue bullish will be high since its...
Here the price has broken the neckline, but it does not mean that we will buy here; if the price keeps moving below the previous high, the pattern may fail. If we want to make a proper entry here, we will have to wait for the last high to break
Preferred direction: BUY Comment: Gold has not yet recorded a new high against the backdrop of aggravation in the Middle East, and here we adhere to our previous trading idea of going short with a target at the level of 2300 . It is at this level that we expect the downward correction to stop and the upward movement to resume towards the current high. The...
Taking small and safe targets, 2370 is my goal today..Gold already took buy side so we going to see movement to south
Gold broke out of that range, giving a bullish indication after creating a lower high. We can look for buys above 2398 area with the recent highs in sight (2417) and overall high target of 2426.
Gold closed last week with a modest 0.59% gain, after touching an all-time high of $2,431. Geopolitical tensions spurred demand for safe-haven assets, pushing gold to its new peak before a pullback due to a strengthening US Dollar. The release of US inflation data midweek introduced volatility in gold prices. Following the Consumer Price Index (CPI) report, the...
XAUUSD is falling toward the pivot close to the 78.6% Fibonacci retracement and could potentially bounce off and rise toward a pullback resistance Alternatively, if price breaks below the pivot, it could continue to fall to another overlap support level Pivot: 2370 Support: 2346 Resistance: 2397 Risk Warning: Trading Forex and CFDs carries a high level of...
Hello traders, in my previous Gold analysis, I recommended buying Gold at the hourly support level near 2430. As you can see, that idea generated over 600 pips profit. Currently, Gold is near the hourly support level again. So, if price doesn't fall below the 100- hour EMA level, traders can consider buying Gold@2367-2375 with stop loss below the hourly support...
Greetings, fellow investors! 🌟 Hope you're cruising through the market's twists and turns! 🌊✨ XAUUSD is currently stealing the spotlight, smashing through barriers! 🚀💰 Here's today's market scoop: 🔍 *XAUUSD Outlook:* 📊 XAUUSD finds itself in an electrifying showdown between 2391 and 2381. 📉🔄 The tension mounts as we await the breakout moment! Will it skyrocket to...
Price has bounced off a 1H order block & reacted and reversed up from the accompanying 1H FVG. Looking for price to go higher to take out Tuesday's high.
Based on the M15 chart analysis, we can see that the price has just bounced off our buy entry at 2381, which is an overlap support. Our take profit will be at 2394, which is a pullback resistance level close to the 38.2% Fibo retracement The stop loss will be placed at 2374, which is a multi-swing low support level. High Risk Investment Warning Trading...
FX:XAUUSD is trying to consolidate above 2365. This area is an intermediate bottom and plays an important role for the bulls in the medium term. The range of 2365-2400 is being formed. Idea of Apr. 16: GOLD → There's no limit to the bulls' activity. Support retest In general, everything is the same, but after a strong rally, the price makes a small stop...
Gold has been trading on a upwards trend line if a break below this trendline will allow gold to push lower we continue to monitor the pair for a entry confirmation
World gold prices went down as the market gradually reduced expectations that the US would cut interest rates. On the other hand, the need for safe haven capital in precious metals is also gradually decreasing as the Iran-Israel conflict has calmed down. Geopolitical uncertainty continues to support gold and any escalation would push prices towards 2,500 XAU will...
World gold expenses went down because the marketplace progressively decreased expectancies that americaA could reduce hobby rates. On the alternative hand, the want for secure haven capital in valuable metals is likewise progressively reducing because the Iran-Israel struggle has calmed down. Geopolitical uncertainty keeps to assist gold and any escalation could...
Gold Technical Analysis – XAU/USD Daily Chart After spending three and a half months consolidating in the $1975-$2075, Gold finally broke out to set a new weekly closing high last week. As the chart above shows, that momentum has carried over into this week, with the yellow metal reaching as high as $2,140 intraday. Technically speaking, the momentum remains...
Gold Technical Analysis – XAU/USD Daily Chart Bullish price action on gold overall