Gold dropped quite a bit overnight (Asian Session), now putting our sell position into 1,120 PIPS profit. Let's see if the strong sell off momentum can carry on throughout today.
Gold is in a heavy bearish right nou, but with all that AVG gold need to correct that . with that said, gold can pullback up to 61% fib , then go down to 2300 im expecting when touch 2300 gold can go up to touch the daily start be aware that 61%fib is close to daily start
Gold is known to never go lower once it breaks a major price point. In the past, we had a major level tested multiple times on higher time frames. Now we are above that level and with a good up-thrust move. from that single move, Ill like to start taking longs. Will also be loving any further discount
Price already break the trendline. Once the price break the trend line we can find uptrend way. Therefore, i find supply and demand block for my confirmation and entry. SUPPLY AND DEMAND BLOCK =IS SIMPLY ENGULFING CANDLESTICK. Another confimation for me is i use fibo retracement to check isit the price back to golden rule price.
Hello everyone, I see a bullish continuation of gold up to its supply zone in the premium zone.
Bullish case: - Wave 4 primary degree is finished. - Wave 2 of 5th wave is finished. - I'm expecting upside with wave 3 of 5.
Today's data is negative for gold, but it has risen. It is obvious that the main force is controlling the market. After the short-selling accounts are liquidated, gold will fall again. Wait patiently for the short-selling opportunity, and I will send accurate signals. All my current transactions maintain 100% accuracy. If your account is still losing money, you...
15min SELL SETUP ❗️ This is a high risk setup as Asia High is right above the zone so take in consideration if you decide to trade it 🤝 Trade smarter, not harder! 💼📈 Don't miss out on potential gains - Hit that BOOST button if you like the idea 👍 Share these 👉 and make sure to Follow me for your daily dose of gold trading analysis! 💯 Remember, always...
gold retrace the area and confirm sell. 2354 is very strong resistance. its also fib level of 50 . 2354 pivot point.
H4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Price has now printed a bullish iBOS aligned with swing structure. Following the bullish iBOS we expect price to pullback. Intraday expectation would be for price pullback to either 50% EQ before targeting weak internal high. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal:...
Gold struggles to stage a rebound following Monday's sharp decline but manages to hold above $2,300. The benchmark 10-year US Treasury bond yield stays in the green above 4.6% ahead of US data, not allowing XAU/USD to gain traction. Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around...
We finally broke through the bullish momentum we have been on, my current thoughts are that we will see XAUUSD retrace further and back down.
GOLD TRADING SCENARIO ON April 25, 2024: Strategy 1. From now until 11:00 a.m. - 12:00 a.m. Gold returns to 2313, then Buy Gold immediately. TP hopes to reach 2321, which is further than 2332, but there is a condition that requires at 6:00 p.m. Gold closes above 2318, and vice versa. Gold closes below 2318, then exit Buy and move. Sell direction to 2296. Sell...
In the market last night, gold began to rise in the short term. Its high point broke through the short-term pressure platform of 2332, but then fell rapidly. The gold price was not able to stand firm on the 2332 line, and more market conditions were operating in the range of 2311 to 2332. , it is obvious that the recent trend has fallen into a volatile...
Today we're looking at shorting gold, why? Well we spotted two deep liquidity areas, noticed the overall order books where indicating a strong sell and did the opposite of what the news said. However, we still are speculating so keep the risk small and the reward large. Happy profit.
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.
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...
Looking for a buy into space? • H4 support. • H1 buying breakout. • Lower time-frame selling continuation. Looking for a sell down stream? • Daily & H1 swap zone (SBR). • H4 resistance. • Lower time-frame selling continuation. MAY THE TRADING NIGHT PROSPER!