Gold trading experienced a pronounced negative trend below the $2,170 level during Friday's session, primarily influenced by the persistent strength of the US dollar. Nevertheless, the pair appears poised to record modest weekly gains after pulling back from the record high above $2,220 touched on Wednesday. From a technical standpoint, there seems to be a...
#XAU #XAUUSD #GOLD #Short #ShortSetup #Eddy I'll Think Its Time to short Gold Again xD (( In the monthly time frame, it looks like we have the third collision and the completion of the monthly divergence... What you think!?... )) Related Analysis of Gold : (( XAU/USD )) : Check Link : < - - - (( This Setup sl X)) -_- First Analysis of Gold : (( XAU/USD ))...
Gold is forming its structure to sell off soon. We are expecting one final move up to complete Wave Y, before we can start looking for sells. These overbought market conditions cannot carry on pushing up for too much longer.
“🌟 Setting my sights on the golden horizon! 🌟 Target range: $2,272 to $2,280. Let’s ride the bullion wave! 🚀🔥🪙” Remember, gold prices are influenced by various factors, including interest rates, geopolitical events, and market sentiment. Keep an eye on the trends and stay golden! 🌟
1: Investors are anxiously awaiting data to be released later this week to gain insight into potential inflation trends and provide a strong basis for judging the timing of interest rate cuts. At the same time, market expectations for an interest rate cut by the U.S. Federal Reserve are growing, coupled with the strength of U.S. gold . Market focus will be on...
While US bond yields are rising, the price of gold continues to trend upwards. Strong statements from a Federal Reserve policymaker and positive economic data from the US have kept both the US dollar and gold stable. Currently, XAUUSD has increased by more than 1.20%. The upward trend in gold remains intact after surpassing the previous peak at 2,223 and...
I posted a gold trade idea previously and wanted to do this video to explain my thought process we can see gold trading up bullish on the 4 hour time frame I'm looking for the 61.8% Fibonacci retrace for an entry. I've adjusted my price swing and entry point specifically in this video. Always this content is for educational purposes only and not to be construed as...
The formation of any triangle is a direction indication relevant to where you find it as some can be a warning if reversal. The market moves in grids(zones). Relevant to sentiment of traders and news. It always moves in wave 🌊 and in those waves we have patterns like ABCD resumption. Failure swings💰👃, 🐂 bullish breakouts, traps ECT. The thing is impulsive...
I've written many posts and made videos expressing my belief that XauUsd will reach a new all-time high (ATH) this year. Now, the question is, will it start with all-time highs this month? In my opinion, it will. But let's begin with why I'm quite certain that Gold will reach an ATH this year. It's relatively straightforward when you examine the monthly chart....
XAUUSD: GOLD did amazing job this week.. 600 pips bagged successfully guys Thank you for joining me on this bag. Done for the week See you next week.
Hello everyone! Today, XAUUSD (gold) is on the rise again, buoyed by ongoing expectations of a Fed rate cut. After successfully overcoming two significant resistance levels, gold continues to hold firm on its upward trajectory, establishing a new support zone following a period of consolidation in recent days. The outlook remains bullish as long as the bulls can...
"Today's gold market witnessed a refreshing surge, propelling prices back to the $2,200 mark in the early hours of the Asian trading session this Wednesday. This revival comes amidst the ongoing resilience of the U.S. dollar and a rebound in U.S. Treasury yields, drawing investor focus towards the latest hawkish remarks from the Federal Reserve. The short-term...
Greetings, fellow traders! Have you been selling or buying gold today? From my market analysis: The confluence of diverging forces has failed to impart any significant momentum to gold prices, leading to constrained price action. Hawkish comments from the Fed Governor on Wednesday tempered expectations for rate cuts, solidifying the U.S. Dollar's (USD) stance...
Looking for possible trend continuation from the bullish zone.
Gold completed Pole length on H4 time frame and Divergence on H4 in process
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold prices have been steadily increasing during the North American session on Wednesday, with buyers specifically targeting the $2,200 mark. Due to a lack of significant economic events in the United States (US), investors have been purchasing gold in response to growing speculation that the Federal...
The fake breakout is done last day now it will fall near again the support of 2206 or 2200 to be bullish again. Share your precious thoughts in comment below and support me if you like my ideas.
XAUUSD has given new highs and is currently in bullish trend