Hey team, Hope you are Enjoying our ideas and Analysis, Today we are monitoring XAUUSD Looking for Bearish Around 2415-2418 Once we will Receive any Conformation the Trade Will be Excuted Good Luck Guys 🤞
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The gold price (XAU/USD) is trading bearishly after falling from the $2,400 level. The recent rise in precious metals was driven by lower-than-expected US inflation data in April, which raised hopes of rate cuts by the Fed. However, comments from Fed officials on Thursday signaled that interest rates...
Hello traders ,what do you think about GOLD? On Friday, gold entered the correction by reaching the resistance zone of 2380. The correction is expected to continue until the specified zone and then grow to the specified levels. CPI data this week can be the driving force for gold If this post was useful to you, do not forget to like and comment.❤️
As I predicted today, Gold keeps growing. Analyzing a daily time frame, we see a confirmed bullish breakout of a resistance line of a bullish flag pattern - very strong trend-following signal. It looks like the price is going to retest ATH levels soon. Because the global trend is strongly bullish, we will most likely see its bullish breakout. If the price...
I haven't looked at XAU in a while, but since EU has been pretty profitable, I thought I'd have a look at it. I see price going either way, depending on the price action of the USD (DXY) Either XAU price will continue short on the minor trend to TP @ 1H uptrend OR I am looking for a break and retest of the downward trend to the upside to go long to hit the -27...
Hi traders would like to share my forecast for XAUUSD Hope you have profitable trade
Hello, a quick on here. Gold continues its rally on strong China news and demand. It did exactly what I expected in my last update : 2 50% retraces and now as you can see on H4 a trend. I am already in big, otherwise I'd buy on a new touch of the trendline. We are entering the part of the cycle where it gets so strong I am unsure we'll even touch that line...
Introduction - This is BFS Trend Engine expectations for the next four days. It looks stupid. But is it useful? Details - So the last three drafts after hitting 2390 were trash. First for a move to 2430, then triple top, then a minor binary outcome, all of them trash. Its rare for BFS Trend Engine to be so bad. In the past, when this has happened, it was...
🚨🔺XAUUSD CMP $2404.91 High Achieved as stated Earlier on 16-5-24 10:51 hrs. anticipated impact was $2400 once again which was mentioned on analysis since last week several times.✅ Buying can be at: $2340-$2365🔺 Selling can be at:$2409-$2426🔻 ⚠️Warning: Do not risk more than 5% of your capital. You might lose your money. 💹XAUUSD Present Technical Status Update:...
We made almost 210 pips from our golden area In this week we trade on 3 days and got 3 tp from golden area
Hey there on 1htF the Gold has already touched 2400 and now we can also see more downside possible will touch again 2387-2385-2382
Gold is encountering significant resistance near the 2400 mark. If it can break through this barrier decisively, it could reach new highs. Keeping a close eye on this level is crucial.
Hello Traders , Upon reviewing the gold chart in the 4-hour timeframe, we observe that the price, following our analysis, managed to rise by 170 pips to $2387. Since the range of $2386 to $2397 is an important supply zone, the price reaction to it was negative, and currently, gold is trading around $2383. If the price stabilizes below this level, we can expect a...
Hey there on 1htF the Gold has already touched our target 2400 previously we have already told you guys that it's can reach above 2400
If gold does break the previous high it could fall from this position. it took time to come back up and it created a ascending Chanel that can be seen at a on a hourly candle, price is definitely going to reset from current price as there is a lot of resistance however watch price action if it weak it could come back up to create not the higher high
- Gold create a surprise and pushed for extended wave 5. - To my eye, wave 5 might be in a shape of contracting diagonal. - It's better to be flat for this move and avoid a whipsaw.
The sharp move down in favour of silver started 9:39 AM today (17-May-2024). There's a good chance for a similar move during the remaining session and continuing early part of next week.
After yesterday's decline, gold has established a small bottom, so today's trading strategy is to buy, tp 2392/2396/2401