GOLD entered into the consolidation phase. There is indecision in the market. However, the trend is bearish on the higher timeframe. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Gold moved to higher price levels by making higher highs on 1H. Price is slowly gravitating to major resistance level 1870$. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
As we predicted yesterday, gold was pushed up to higher levels. Price is approaching a major resistance zone. The optimal zone to short would be between 1855 and 1860 price levels. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Gold is still fluctuating. We can see some indecision in the market. In yesterday's session, the price could not fall below 1810 $. We expect the price to test the higher border of the channel. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
XAUUSD has made a lower low. The price continues to move down. If price pulls back to 1815$ level, then we can look for shorting opportunities. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
XAUUSD tested the resistance level 1850$ as we predicted yesterday. We expect the price to test a level between 1830$ - 1820$ ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
- Today is a very important day for XAUUSD. This is due to the release of USD PCE DATA. So it's a very HIGH IMPACT NEWS. We need to be vigilant about that. So far, the US DATA received yesterday is slightly MIXED DATA received. Also, GDP was very bad at DATA. So GOLD got a good DEMAND. - US10Y is currently at 2.84% LEVEL. The POSITIVE SENTIMENT for USD...
Saudi Arabia is unhappy with the current US government due to Iran nuclear deal being revived. USD will eventually lose it's position as world reserve currency. But Chinese Yuan will not take it's place as long as CCP is in power.
For the bulls, this is a precious metal trading with GBP, We have an overview of gold now while we waiting for the Retail Price Index (RPI), Claimant Count Change news, Flash Services PMI. I expect to see positive change on the RPI for the upcoming news. also, we are about 8 days to hear GDP 4th Q 2021 results, 553,412 M £ as 3Q 2021 546,556 M £ as 2Q...
Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for the Gold price per ounce (GOLD). The chart is self-explanatory. Keep a close eye on the RSI as a possible re-test of the Support and Resistance Line is coming soon. Included in the chart: Trend line, Support and Resistance Line, RSI, Support Zone, Descending Parallel...
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hellooo...My Dragon Friends GOLD waiting FED meeting for Announcement about TAPERING Lets See Happy Trading Smart Tapering Money Management Risk Management Disclaimer On
Hellooo...My Dragon Friends i see GOLD will going down, make CUP and Handle Pattern. already Retest Lets see Happy Trading Smart Trading Money Management Risk Management Disclaimer On
Why GOLD is bearish A number of factors are driving investors out of riskier assets and into the traditional safe-havens – Treasury notes, Japanese Yen and U.S. Dollar. Gold is benefiting from the drop in yields but also from the plunge in the global equity markets. Stock traders essentially need some place to park their profits so gold is in some ways...
As per yeaterday analysis GOLD is moving perfect on it’s way to 1735. Currently price action is very slow as GOLD trend is sideways, it will take aggressive move in the middle of this week. 1750 is point where market can be judged. Price above 1750 is a potential reversal zone and if it’s down then bearish. But here it’s sideway between 1772 and 1745. Now at...