currently gold is in a strong range consolidating between support and resistance, on higher timeframe gold is in uptrend, the analysis is for intraday/scalping, if price breaks above the resistance the target will be 2393.50, it it breaks below support target will be 2349, always wait for a clean breakout and wait for candle to close outside the range.
Hey there on 1htF the Gold has moved early upside and we have to celebrate our target hitted successfully and also went earlier downside so we can see our next zone will again push upside
World gold prices increased slightly, currently trading around 2,370 USD at the time of writing. Yesterday, gold turned down after approaching its highest level of the week in the European session, reaching about 2,395 USD, almost reaching the 2,400 USD mark. The main reason for this decline comes from improved market sentiment, reflected in investors' preference...
World gold charges extended slightly, presently buying and selling round 2,370 USD on the time of writing. Yesterday, gold became down after drawing near its maximum stage of the week withinside the European session, achieving approximately 2,395 USD, nearly achieving the 2,four hundred USD mark. The important cause for this decline comes from stepped forward...
Short and medium term gold analysis The upward trend continues and as long as the range of 2360 and 2377 is maintained as support, it can continue to rise towards the target of wave 5 to the range of 2450 and 2500.
Hello traders. Let's see how this plays out. I took a sell from 2417.93 . The red line marked on the chart. Looking for a good push down. SL at 2437. Big G gets all my thanks.
Gold prices surged above $2,400 an ounce as concerns about escalating tensions between Israel and Iran boosted safe-haven demand. Gold prices rose for a fifth straight week after unconfirmed media reports of explosions in Iran, Syria and Iraq. Rhetoric between Iran and Israel has intensified since last weekend's drone and missile attacks. Latest news According to...
The price of gold has undergone a new wave of increase, surpassing the $2,400 mark in the Asian trading session on Friday following Israel's retaliatory attack on Iran.
Based on technical analysis, we observe that the upward momentum of gold continues after crossing the SMA 20 line. The Relative Strength Index (RSI) trading above the 60 level indicates that the...
Hello everyone! Today's Asian trading session saw another uptick in gold prices, with the precious metal rebounding nearly $10 after a sharp decline triggered by yesterday's news.
Once again, gold failed to breach the $2400 resistance level. While the overall trend for gold remains bullish, it has retraced during the past week.
Looking ahead to today, gold may...
Gold prices are making a modest recovery during the Asian trading session after finding renewed demand near the $2,380 level. The metal is capitalizing on a softer risk environment and the sustained dip in U.S. Treasury yields, despite recent hawkish comments from the Fed.
Currently trading near $2,380, the daily chart suggests that the downward trend might...
Gold broke through it's monthly trend, and is now blasting off to the moon, could it be due to israel and Iran and global conflicts ? Maybe, but gold has been holding it's own against the markets for a long time, we're seeing the equity markets at all time high at the same time as gold ! now when the markets cool off, gold has a big opportunity here to blast off....
Keep an eye on war news Today
Gold can play safe heaven role
Huge liquidity and institutional performance is expected
Manage Risk properly don't fall in traps.
Not an financial advice DYOR
Hello
* Current structure might be forming an expanded flat (break of 2371) after taking out the 2388 gap
* No MACD right now shows signs of another fall coming before the buy
* Strong (not sure this is the right word to use) liquidity as we have a gap and equal lows in the buy zone
* A slow corrective move upwards is also another sign of XAUUSD not currently...
The last NY session succeeded in forming a M15 bearish ChoCh. The London session is now pulling back at the 75% level and a head & shoulders pattern has been formed. Bearish trend take control?
