World gold prices stabilized with spot gold down 6.3 USD to 2,307.6 USD/ounce. Gold futures last traded at 2,316.1 USD/ounce, down 6.2 USD compared to yesterday morning. World yellow metal prices decreased slightly compared to yesterday morning as investors continued to wait for US data to find clues about the possibility of cutting interest rates by the US...
Due to delays this morning, I missed the opportunity to short gold. But fortunately, we also made a lot of profits in long gold transactions, which made up for the regret of missing the short gold profits. Today we added long gold positions near 2314 and 2307 respectively. During the rebound, gold hit the highest position near 2321. Even if we closed the position...
From the previous day till now I see Gold`s Bien transferring round 10>15 in price. There are 2 regions that I assume so long as Gold breaks, it's miles very possibly that the Trend will run in that unique direction. >With cutting-edge Gold breaking via the 2020>2022 Zone, it's going to maximum possibly boom sharply to 234x. >On the contrary, if cutting-edge Gold...
On 1Week scale the chart has retraced to Fib 0.382 and 0.50 levels. Therefore, I'm expecting it to once again retrace back to Fib 0.382 level before continuing back to its upward trend. The results will be visible in 2 weeks time. Therefore, for SHORT Trade I'll take positions as mentioned on my chart keeping risk/reward ratio: 1. Then for LONG Trade, I'll wait...
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 .........
When price was bulling it created hh,hl,hh,hl, but in 1D it shifted and creating hl,ll,hl,ll, so the price is creating corection move/liquidation move. . The price is near to test a very critical area, to grab liquidity and bull till the area of 1D previous very high. . The price, where it is, is a risky. . it is better to wait until it reaches the liquidity...
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 09 May 2024 SELL LIMIT Order: $2314.74 Stop Loss: $2321.78 Take Profit 1: $2307.94 Take Profit 2: $2298.91 Risk per trade: 0.5%. MT4/5 trade expiration: Today 100% mechanical strategy, zero analysis, zero...
In this analysis, we'll be focusing on the H2 timeframe for XAUUSD, with key levels at 2327.90 and 2318.22. If the price breaks above 2327.90, the target is set at 2342, indicating a potential upward movement. Conversely, if it breaks below 2318.22, the sell target is identified at 2304, suggesting a bearish trend. Let's delve deeper into these levels and...
Price is been testing the 2360.00 zone and respecting the level twice so far and possibilities of bullish movement on the third touch.
Gold (XAU/USD) is falling towards the pivot and could potentially bounce to the 1st resistance. Pivot: 2,284.24 1st Support: 2,265.35 1st Resistance: 2,327.67 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all...
It doesnt look like the bulls are giving up just yet, with the inability to push lower or higher gold has been range bound for the last few days whilst respecting the 25% QT support zone and the dynamic ascending support which creates a 4HR bearish flag showing signs of a trend reversal to the upside. Primarily we need to be patient and wait for the correct...
GOLD looks ready to continue his bearish moves as soon as it will broke below the H1 support trendline. I expect it to range tomorrow and to start to drop later in tomorrow's NY session and Friday. First target the support area at 2235. Invalidation above the resistance trendline on H1
BUY 2298.00 TP 2332.00 in forecast. Gold technical forecast, today.
we made almost 100 pips from our golden area and we had no trade today
The situation in the Middle East, as predicted earlier, has eased. The United States acts as an intermediary, taking positions and speaking on behalf of both parties, which helps ease tensions. In the absence of new news, the gold market's operating philosophy should be based on upward breakthroughs after range oscillations. As the market opens higher, investors...
"PPI data was slightly lower than expected, keeping alive hopes of a possible rate cut before the end of the year - hence gold's gains. Central bank buying and geopolitical uncertainty remain the mainstays supporting the gold market." The golden week reached a new high, first stepping back to the 2325 first-line correction and starting to stabilize. Later in the...
#XAU/USD #Analysis Description --------------------------------------------------------------- + GOLD price is currently trading inside the triangle and the price has been ranging since May + I'm expecting the price to break downwards as the overall trend on lower timeframe is bearish. + We have good opportunity for a short trade here....
Gold rebounded again after touching 2304 during its decline today. Gold still held the 2300 mark. Judging from the recent trend, gold has experienced twists and turns during its decline, and it is obvious that there is still strong support below. The first is the support at 2305 and 2303. Many people will even look at the 2300-2298 area support as much as...