As discussed throughout my Friday's session commentary: "My position: I am engaging re-Sell orders every session so far (regarding current week) which are delivering excellent returns. On post-Fed spike, I have Sold Gold on #2,325.80, closing my Selling order on #2,310.80. Throughout yesterday's session, I have Sold Gold on #2,307.80 and closed my order on...
GOLD New Forecast The price of gold is expected to reach 2327 before experiencing a decline, as it remains under bearish pressure with potential targets at 2307 and 2302. Conversely, a break above 2327 could signal a shift to a bullish trend. The situation in the Middle East is stable, which could influence a decline in prices as part of their monthly retest....
As discussed throughout my Friday's session commentary: "My position: I am engaging re-Sell orders every session so far (regarding current week) which are delivering excellent returns. On post-Fed spike, I have Sold Gold on #2,325.80, closing my Selling order on #2,310.80. Throughout yesterday's session, I have Sold Gold on #2,307.80 and closed my order on...
Balance of buyers and sellers on the GOLD pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the sellers, therefore is it only natural that we go short on the pair. ❤️ Please, support our work with like & comment! ❤️
Accordingly,DXY fell nearly 1% however,the weekend session saw a rather strong withdrawal,Somewhat narrowing the downward momentum.this has pulled the us dollar down and raised the price of gold in usd.
Sell gold now Good deal on gold. We notice a strong selling area on the half-hour frame
After carefully observing the market and implementing the use of top down analysis from all key time frames for a swing movement, a hedge market break down on the daily timeframe has been analysed and all key zones has been carefully highlighted indicating the zones of retest, retracement or a possible market turnaround further breakdown along New York session,...
Falling wedge pattern forms in an overall bullish trend. As we can see on H4 chart of the Gold Usd pair, We have a classic falling wedge forming. Breakout of this falling wedge will push gold prices higher with initial targets of 2340 - 2375 and final target of the psychological level 2400. Confirmation of the targets will come after an H4 close and retest of...
In fact, it is not difficult to see from the above chart that the market is undergoing an inverted triangle arrangement. The current high point above is above 2312. The upper trend pressure position has been touched. Combined with the current ebb of news. The probability of gold falling under pressure is relatively high. At the same time, the U.S. dollar is also...
Gold (XAUUSD) completed on Friday the 2nd straight red 1W (weekly) candle for the first time since mid February. That was when the enormous 9 week rally started that only had to show 1 red week. Even though the long-term pattern is a Bullish Megaphone, the bad news for Gold is that this correction may be far from over and the US10Y (orange trend-line) makes a good...
From a technical point of view, gold seems to have broken the resistance of the ceiling of the descending angle pattern in the range of 2306-2315 in the four-hour time frame, and now it has targeted the 127.2% Fibo resistance at $2373.
Dear Traders, according to chart,wave 5 completed also *Trend Line broken* it seems We will have correction to 2350-2370(Retracement Fib) after Correction we will have downward movement to 2250,2180, (if we see Fake break(Trendline) , then we will have downward movement from 2320 Area) please dont Forget to like&Comment ! Regards, Alireza!
Gold may be charting a falling wedge pattern. If so, this would be bullish in nature. A clue would be to watch the momentum for an upside bias. This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”). Stratos Markets Limited (www.fxcm.com): CFDs are complex...
XAU-USD was trading below The falling resistance But now we are seeing A bullish breakout so I am now locally bullish Bias and I think that we Will see a further move up !
Hello everyone, GOLD 4H NEW FORECAST Expected scenarios and trading range The gold price shows some slight upward bias to test the moving average 50, which constitutes good resistance against the price, protecting the bearish corrective trend scenario and supporting the chances of resuming the decline during the coming sessions, waiting to visit the 2260 level...
Will the Gold break up or continue consolidate Gold reaches a resistance zone.
Hello all dear traders! Currently, gold price is fluctuating around 2301 USD unchanged compared to yesterday's trading session, continuing to stabilize its strength above 2300 USD. In general, in the short term, the fact that the US Federal Reserve (FED) has not lowered interest rates will reinforce the appreciation of the USD, thereby causing gold to more or...
On Monday, the price of gold experienced a rebound as market participants deliberated over the trajectory of interest rates in light of recent US employment indicators. According to Friday's data released by the Bureau of Labor Statistics, the US Nonfarm Payrolls report indicated that 175,000 individuals secured employment in April, falling below market...