Geopolitical tensions withinside the global have now no longer ended and principal banks of nations are continuously shopping for gold for reserves
Currently, gold costs are growing specially because of geopolitical tensions
High US hobby charges over an extended time frame aren't an amazing signal for gold, pushing up the possibility price of making an...
Hello traders. I am off the charts today but I wanted to post and show that we are still in my area of interest for potential scalp buys and or sells. If 2305 holds as support, we may see a push up towards 2315 area. On the other side, if we break and close , on the 4 hour, below the marked area of interest, we can see a push down. Personally I am looking for a...
DISCLAIMER
This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose.
Gold/USD (XAUUSD) Ideas For 10 May 2024
BUY LIMIT Order: $2322.16
Stop Loss: $2306.41
Take Profit 1: $2337.67
Take Profit 2: $2358.29
Risk per trade: 0.5%.
MT4/5 trade expiration: Today
100% mechanical strategy, zero analysis, zero...
Here a simple and clear structure for traders. Gold down trend is confirmed by CHOCH and BOS ster that comes the distribution phase... The marked ot point is where Gold could reverse from.
Market Analysis PT1/2 (10th May 2024)
XAUUSD Analysis
On the 1 hour timeframe, price has finally broken out of the 3 day range we have formed.
As price is driving towards higher prices on Gold, Price has actually created a 1 hour Bullish FVG as well as a Bullish OB.
There are 2 scenarios that could play out.
1) Price retest into the FVG and continues...
The XAU/USD pair (spot gold) on the M30 timeframe presents a potential shorting opportunity due to a recent downward breakout from a well-defined bearish channel pattern. This breakout suggests a shift in momentum towards the downside and a higher likelihood of further price declines in the coming hours.
Key Points:
Sell Entry: Consider entering a short position...
Hi traders another trade that went in our direction this week. we trade based on our trading plan. all Tp hit See you tomorrow with another profitable trade
Gold has surged higher as a risk aversion in the U.S. market. However, gold has surged higher and fallen twice in the short term. Another inverted V trend is not impossible. After all, the rise is stimulated by risk aversion news and may not continue to rise. The current price of gold is directly short!
After gold rose for an hour, it surged higher and fell...
Traders eyeing the gold market have pinpointed a compelling sell zone, ranging between 2335 and 2340. This zone represents a critical level where sellers are anticipated to enter the market with heightened activity, exerting downward pressure on gold prices. Traders closely monitor this sell zone as it presents an opportune entry point to capitalize on potential...
