I shorted gold at 2385, 2390 and 2395 overnight according to the trading strategy. If you read my last article carefully, I believe you have not missed the short trading plan. Currently, gold has fallen back to around 2383. I have Closed all short positions at 2384 and is considering going long gold. Although gold continued to fall today, it showed strong...
OANDA:XAUUSD Price reached to 2395 which remained a key area for price to make some corrections. We expect price to drop a little bit more and then bounce strongly afterwards. Price previously have left strong wick rejections at our area of entry. Good Luck and trade safe.
Hello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze...
OANDA:XAUUSD Price is currently in making of AB=CD pattern where price already have made AB and from point 'c' price have rejected and in our view it is on the verge of rebounding strongly towards 2400$ region. Which remain a key level for many sellers and other institutional traders. Use accurate risk management.
Yesterday, gold rose sharply due to CPI. Today, various indicators have begun to show a short trend. Continue to sell, tp 2381/2377/2369
Gold technical analysis Daily resistance is 2400, support below is 2373-35 Four-hour resistance is 2400, support below is 2384-73 Gold operation advice: Yesterday, gold relied on the 2350 mark to continue the strong bullish fluctuations and rose, and finally broke through and surged. After the opening of the Asian and European markets, the bulls fluctuated...
OANDA:XAUUSD Gold is currently in accumulation phase and likely to turn into distribution phase. Price behaviour has changed in last few days suggesting further growth in price. We need liquidity and volume boost to take the price towards 2380 that area remain 'premium price zone'. We wish you all the success in trading and hopefully our analysis gives you a...
CPI and “horror data” spark optimism! Expectations for the Federal Reserve's first cut in September surged, and gold hit a new high in the past month! The U.S. non-seasonally adjusted CPI annual rate in April was 3.4%, down from 3.5% in the previous month. The core CPI monthly rate in April dropped to 0.3% as expected, the lowest since December last year....
Use MA5 as short-term support and buy in the range of 2362-2358
Good Day, Fellow traders and followers, IS SILVER ABOUT TO TO GO BONKERS?!?!?!? This chart is kind of busy, I don't normally make busy charts, but there is so much going on in this monthly chart. Lets dig in!! First off, lets start with the price action, it has clearly broken through resistance (blue line). Also, the price action is in a purple cup, that's...
Simple trading - Cup and handle pattern Watch gold to see if the handle will be filled. I have marked the probable retracement using the FIBB (purple lines) If gold manages to hold above .618 or 2340 we can look to continue buying. With the DXY making its way back up after testing previous support (104.05) it is only a matter of time before GOLD gets the...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The gold price (XAU/USD) rose slightly due to a weaker US Dollar (USD). Factors like strong demand, central bank purchases, and geopolitical risks in the Middle East supported gold. However, hawkish comments from Federal Reserve officials, including Chairman Jerome Powell's suggestion of higher interest...
Geopolitics is once again dominating the news. Gold is strengthening again, viewed in conjunction with the golden ratio. The buys that can maintain this position are the main ones. Buy gold price near 2320. Target position short-term 2346 first line In the past, you always failed when trading alone. But everything will change after you follow me. Because we...
Anticipating a continuation of the current bullish expansion. Next target is the H4BST for a 1:7
There wasn't a lot of good news over the weekend that prompted gold to rise sharply this week. On the contrary, gold continued to fall on Monday because of gold's surge. Perhaps this is good news for bears. The trend of the chart then saw a sharp correction due to the digestion of the news, and the current position is oscillating around 2343. Put aside the...
XAUUSD - 24h expiry Price action continues to trade around the all-time highs. Buying continued from the 61.8% pullback level of 2372.7. Previous resistance at 2370 now becomes support. The primary trend remains bullish. Preferred trade is to buy on dips. 20 4hour EMA is at 2366.4. We look to Buy at 2370.2 (stop at 2356.2) Our profit targets will be...
Here on Gold the price has been going down forming a down trend so we are waiting for breakout and after breakout there is likely the price will move but to maintain previous resistencance or move more than expect . So going for LONG is need but that should be after breakout of the trendline
U.S. consumer prices rose less than expected in April, suggesting inflation resumed its downward trend at the start of the second quarter, boosting financial market expectations for a September interest rate cut. At the same time, under the influence of the market, the US dollar fell sharply, providing greater impetus to gold’s rise. Today, we will pay attention...