Gold focuses on observing the support near 2358. If it falls below, there is a high probability that a double top pattern will appear, and the price will return to the 2347-2333 range again. When it cannot break the 2347-2353 resistance, the next space will be the 2318-2307 range.
Hi Traders looking at 15minutes chat we broke down trend, having to create higher high and higher low. now we on a retest acting as our support level. we looking to take our buy trades till level of 2369.12 Please share your results and comment below. Certified Price action king
World gold prices increased with spot gold increasing by 21.9 USD to 2,357.6 USD/ounce. Gold futures last traded at 2,363.6 USD/ounce, up 21.1 USD compared to yesterday morning. Weakness in the USD and Treasury yields following US producer price data for April provided a boost to the yellow metal. The dollar fell 0.2% after US data made gold cheaper for buyers...
As expected, the price has pulled back towards the support level around 2330, which I mentioned in my previous post. XAUUSD price has been ranging near the previous day's low, having fallen from its recent highs. The channel border, which acts as upward trendline and a swap zone, is now being tested. This support level previously acted as resistance, holding the...
Hello everyone, it's Brian! As we kick off the new week, gold continues its sharp ascent. Currently, the precious metal is trading around $2438 USD, up nearly 1% for the day. Gold's bullish outlook remains favored and highly regarded, especially after successfully converting the $2380 resistance level into new support. With no signs of peaking just yet, the...
We are always telling Gold traders that they need to watch the fundamentals before the technicals as anything can happen. Today the price of Gold shot up due to several factors: 1. The sudden death of Iran’s president in a helicopter crash is a geopolitical event. 2. Tensions in Gaza continue. 3. Jerome Powell, who now has COVID, said last week that there...
#GOLD.. what a drop after palcing your expected area on top.. now market have supporting region here, keep close that region, 2406 to 2410 if market hold that region then again bounce expected from here, keep close. good luck trade wisely
#XAUUSD UPDATE Hey team hope you all are enjoying our ideas and analysis now we are here to discuss about XAUUSD. XAUUSD is exactly on the way as predicted already in good gain after this breakout. We can see gain here upto 300Pips+ soon. Keep in touch we will update further soon.
Hey there on 1htF the Gold has moved upside on Asian session open and now continue moving upside so we expect that today can touch 2400 level or maybe go higher
Hey traders, here we share with our trading signal for gold. please comment and like our analysis for inspire us.
Gold still looks bullish in medium term. Bulls should be safe before CPI release today. I plan to buy from support around 2347. Target 2372 first. If 2372 is broken, should go to 2391.77 at least.
Technical Trade Entry = 2345.03 or Current Market Price Target = 2360.49 Risk : Reward Ratio = 2 Boost and Follow!!! Plan the trade, Trade the plan.
Gold analysis Buy some quantity at the first order block ....at 2398-2402...if it comes down to average positions at order block 2 ....at 2375-2380.....for 2450 and 2500 targets.....do your own analysis before investing
By examining the trend in the four-hour time frame, after the pullback to the broken resistance range in the range of 2372-2398, global gold can increase to the resistance of the ceiling of the ascending channel in the 200% Fibo range at $2858.
Bullish confluence for GOLD on MTF, LTF and HTF Expecting new ATH next week ☝️Do not act based on my analysis, do your own research!! The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with...
Resistance Line: The chart shows a resistance line (marked in the image) that the price has been unable to break through. This resistance level indicates a strong area where selling interest surpasses buying pressure. Traders often pay attention to such levels as they can influence future price movements. Price Channel: Within the chart, there is a defined range...
GOLD in a berish FVG on 15 min gold in order to continuine the up trend that we been on he have to have a short time sell
Looking forward for this structure. Focus for bearish movement. Trade with your risk