Gold (XAU/USD) is trading with a slight negative trend in the first half of the European trading session on Friday. Traders are currently displaying reluctance and caution ahead of the detailed announcement of monthly employment figures in the United States. The Non-Farm Payrolls (NFP) report is widely known and could significantly impact future policy decisions...
🏃♂️ Gold is moving near the 🔴 Resistance zone($2,338-$2,318) 🔴and Resistance lines . 📈In terms of Classical Technical Analysis , Gold is completing the Falling Wedge pattern . 🔔I expect Gold to continue falling to the Support lines and 🟢 Support zone($2,272-$2,250) 🟢 at least. Gold Analyze ( XAUUSD ), 4-hour time frame ⏰. Do not forget to put Stop...
XAUUSD entry point on the 2311 and the 2312 and the targeting zone is2305 its our fisrt targeting point and the second is 2300 and the third is 2290 so focus in the 2290 and our sl is 2319 if market against then close your lots on 2319 us proper risk managment all the conformations about selling .........
By re-examining the gold chart in the 2-hour time frame, we can see that yesterday the price penetrated above $2330 to collect liquidity, and then it fell and was able to hit the first target of $2312. Please note that the level of $2312 is a The important demand level and therefore the reaction to it was positive, now if the price penetrates below this level...
Gold's 30-minute moving average is still in a dead cross downwards. Gold's 30-minute rebound seems to be strong, but it still has not been able to break through the downward trend line resistance. The gold downward trend line resistance has now moved down to around 2320. Gold has shot up many times and then fallen back. There are many resistances above, so...
Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate....
Gold is currently on the 4th wave. Within this weekly wave, it's also at daily 5th wave. We shall see a green weekly close next week. Bullish trend should continue until 2400 where we will see multimonth correction. My trading strategy for Gold next week is buy.
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Minneapolis Fed President Neel Kashkari's recent suggestion that the Fed may halt changes to interest rates and possibly increase the federal funds rate if inflation doesn't decline has strengthened the Dollar. This week's economic agenda includes more commentary from Fed officials, Initial Jobless...
The market went further down from the resistance after news releases. The price responded poorly to the key level at 2300. We did not have a strong upward move, which indicates that bulls are not ready to buy at these levels. On the daily, OANDA:XAUUSD formed an inside bar formation, which can be seen as a triangle pattern in lower timeframes. I think the market...
After reaching the all-time high in mid-April, OANDA:XAUUSD , as normal, began to correct lower. As I correctly anticipated at that time, it dropped by 1,000 pips and fell below 2300. However, around the 2280 level, which I had previously highlighted, bulls entered the market and pushed the price up every time it dipped in that zone. Friday's NFP report...
Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate....
Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate....
Yo fellaz lets get gold on the sell momentum ... till the patials @ 2291 , in liue to the NFP GOLD Market is expected to get shorting as the us dollar bulls . sit tight and anticipate the m,oves , follow for more insights , comment your opinion and minds.... Akcapitals ✨
Gold News: Read the Latest Analysis on XAU/USD Gold Price: Current Pricing, Prices Chart & Rate Graph Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its...
Upon reviewing gold in the weekly timeframe, we observe that the price is trading around $2298. If the NFP data is announced to be higher than the forecasted rate, it will strengthen the dollar index and consequently cause a significant drop in gold prices! Should this occur and gold stabilizes below $2300, we can expect a fall in gold prices to lower levels such...
Gold strongly broke through Friday's high in the afternoon, and the market changed. We are never stubbornly bearish or bullish, but flexibly adapt to the rhythm of the market. Since gold has broken through strongly, waiting for gold to fall back is the opportunity to buy. The 4-hour moving average of gold gradually begins to turn, and after gold breaks through,...
📈 Gold Analysis & Key Levels for Next Week 📉 🔹 Resistance Levels: 1. Resistance 1 (2347 - 2360): 🛑 Sell Zone 🛑 2. Resistance 2 (2397 - 2432): 🚫 Strong Resistance 🚫 🔸 Support Levels: 1. Support 1 (2227 - 2267): 💰 Buy Zone 💰 2. Support 2 (2222 - 2189): 📉 Critical Support 📉 3. Support 3 (2143 - 2163): ⚠️ Deep Support ⚠️ 💡 Trading Strategies: - **Pullback...
✍️ NOVA hello everyone, Let's comment on gold price next week from 5/6 - 5/11/2024 🔥 World situation: Gold's initial gains were wiped out on Friday due to disappointing Nonfarm Payrolls data from the US Bureau of Labor Statistics, indicating a slower jobs market. Despite briefly nearing a daily high of $2,310, it didn't surpass May 2’s high of $2,326 and...