Hello traders, Wave B is developing into ABCDE pattern that will end around 2391.30 zone. Then wave C is aimed at getting to 2269.00 zone. Thanks.
Considering the behavior of gold, it is expected to decline at least to the specified level.
Today’s gold trading situation is as follows: 1.Xauusd: @2380.62 Sell, SL:2386 Loss: -$1614 2.Xauusd: @2388 Sell, TP:2372 Profit: +$ 9600 3.Xauusd: @2389.72 Sell, TP:2372 Profit: +$ 10632 To be honest, gold first rebounded to 2392 today and then started to fall, which caused our short position in the 2380-2382 area to touch SL: 2386. To be honest, the short-term...
Gold has been fluctuating at high levels recently, and the overall trend is still bullish. The pullback is an opportunity to go long, but don't chase the long position at high levels, and wait patiently for the opportunity to fall back. At present, gold's upward momentum is intact, with short-term support at 2373, which is also the 5-day moving average....
On April 12, gold once again set a record, surpassing the $2400 per ounce mark. Since the beginning of the year, XAUUSD has already risen by +15%, which currently outpaces the US stock market nearly threefold (Nasdaq 100 and S&P 500 are currently showing growth of around 6%). Against the backdrop of this historical surge, experts predict further price hikes for...
Yesterday, gold fell as expected. The price showed a downward trend twice after hitting a maximum of 2395. In late trading, it fell all the way to our expected first target of 2355. The current disk shows that it has plummeted by $100 since the high of 2431, and short-term bulls are still trying to regain lost ground. However, the trend line since the 2430 upward...
Since Friday's blow-off top, OANDA:XAUUSD has exhibited strong volatility. Initially, the price tested the crucial 2325 support level, followed by a robust reversal to retest the 2400 mark. Although the long-term outlook remains bullish, I believe we are currently entering a corrective phase. Given the heightened volatility and the lofty levels at which Gold is...
I recommend you to buy XAUUSD at these levels as you cn see we have a good set up also have a nice pull back on support level
Ralph Benjamin, hello everyone! Thus, the price of gold plummeted, dropping 20 USD after just 30 seconds after the US inflation announcement, exceeding market expectations yesterday. Currently, in today's trading session, the uptrend continues, gold is currently consolidating below the $2250 barrier. The uptrend is strong as it consolidates at high levels with...
Gold price on M30 will continue its sideways trend. After being in the price area approaching resistance and supply, the gold price begins to show a continuation of the sideways trend which is marked by confirmation in the form of an impulsive downward candlestick which forms a new swing and then falls to the next support area.
The gold four-hour line appeared in the form of a triple top. The K-line reached near 2400 three times, but all were blocked and could not get through. Overnight gold once again verified that the 2400 resistance was effective. The k-line starts to exert force from above the moving average and directly breaks through the moving average. At present, the k-line is...
Analysis gold using SNR ORIGINAL chart pattern, will gold make new ATH after? take ur own risk
Intro - Don't have any time this morning, so to sum it dungo jinxed London sessio now we have to do 2460 the hard way. Details - Ditto. Obviously 2460 right? Is that still obvious? Will add if time.
Gold is riding a robust upward trend, driven by rising tensions in the Middle East and a general uptick in inflation affecting all commodity markets, including Gold. Additionally, Gold serves as an investment asset, often diverging from other major benchmarks like stock indices and cryptocurrencies. Technically speaking, Gold is clearly in an upward trend and is...
What I'm taking from current price action is Gold has bottomed at $2,325 forming Wave 1. Now we're seeing a 3 sub-wave move to the upside forming Wave 2, before we see the next leg down.
Hello traders.. gold has been making all time highs. The last all time high was created with consumer sentiment news that miss forecast for the USD last friday. Since then we've been going sideways and are currently in a 4hr range between 2,393 and 2,360. The weekly candle is bullish & the last 2 daily candles have closed bearish. The 1hr candle is currently...
Gold sell position running 440 PIPS so far for our Gold Fund investors. What I'm taking from current price action is Gold has bottomed at $2,325 forming Wave 1. Now we're seeing a 3 sub-wave move to the upside forming Wave 2, before we see the next leg down.
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. GOLD 2500?! 👉As we can see price is still overall bullish from a long-term perspective, trading inside this rising broadening wedge pattern making new aggressive movement upside. 👉Meanwhile, yes, we can expect a movement...