Gold had a strong decline yesterday, creating bar D1 with a wide range and closing close to the bottom, showing strong selling pressure during the day. This down day officially closed below bar D1, creating a bearish pinbar that formed a false break above, thus confirming this false break. This is a technical factor that can cause Gold D1 to slow down and keep...
The gold marketplace is being substantially stricken by the Fed`s coverage stance at the duration of time it takes to reduce hobby rates. Experts say that US inflation reviews are nevertheless now no longer as anticipated. Thereby, the timing of the Fed's hobby fee reduce is unclear. According to the Wall Street Journal, gold's restoration during the last...
OANDA:XAUUSD Price continued the uptrend as we had advised in our previous chart analysis, however, as the price reached $2443 where many big banks and institutional buyers cashed out led price to drop significantly. However, we expect price to grow towards $2500 which area remain a next big bull run. Currently, both fundamental and technical indicates further...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Bullish Channel as an Corrective Pattern in Short Time Frame and Breakout of Lower Trend Line RSI - Divergence Break of Structure Rejection from Demand Zone Completed " 12345 " Impulsive Waves
Gold continues to fall. It has dropped nearly 60$ from 2410 to now. The current main support is around 2352. The trading is long first and then short. On the rebound, focus on the resistance near 2378. There is data today, please pay attention to risk control when trading during U.S. market time. Friends who want to follow my trading data, please contact me in advance.
The lower in gold charges specifically triggered the USD to growth once more and the final strain become more than the energy of call for for gold. Selling hobby improved after the treasured steel did not regain the brink of 2,430 USD/ounce. Pressure to promote speedy World gold rate beneath 2,four hundred USD/ounce. The USD become supported after many US Federal...
Gold decreased yesterday, but with the structure of bar D1 decreasing with a narrow amplitude, lower shadow and closing above half of the amplitude, buying power is still shown from below. Considering that the price is located around the old peak, that is, the resistance zone, the price behavior is happening like that, showing that the buying force is maintained....
Gold fees fluctuated sharply while a few US Federal Reserve (FED) policymakers encouraged that the corporation wait some extra months to make sure inflation without a doubt cools down, earlier than beginning to cut. hobby rate. Reacting to this information, the USD accelerated in charge in comparison to the Euro and lots of different currencies. Gold charge these...
Yesterday and today I have been emphasizing that gold will point its sword at the 2395-2390 area, and 2390 is coming. Unexpectedly, gold fell more than expected, touching around 2382. We shorted gold today near the 2418 and 2413 positions, hitting TP: 2407 and 2401 respectively. The profit in these two transactions was more than $11K, which is a pretty good...
From the daily chart, the gold price is currently in an upward structure, and the trend is well maintained. The moving average system also shows that the gold price has not gone short. But the 4-hour short-term upward trend line has been broken. From the perspective of the golden ratio, the current support of the gold price is at 0.236. This adjustment is a...
After falling below the support, it fell rapidly. It has now reached the support platform and the rebound resistance is near 2400. The probability of a direct rise is unlikely, so we continue to focus on shorting after the rebound. The lower support first focuses on the vicinity of 2378.
Gold has experienced a pullback after hitting a record high on Monday, but it still maintains some upward momentum. Prices are hovering above the 2,400 mark, showing that demand for safe-haven assets remains strong. In addition, the fall in U.S. bond yields from highs has also provided support for gold. From a technical analysis point of view, gold prices show...
Hi fellow traders, XAUSD will be ready to make a move higher from the blue box after it completes the correction. Target the 2441.44 level. Good luck and trade safe!
First, the gold daily level: From the current pattern, on the one hand, the price broke through the previous historical high of 2432, on the other hand, the 5-day moving average continued to rise, which is a strong unilateral continuation, because it is not a continuous positive, but a two-positive and one-negative pattern; therefore, today may be closed with a...
Daily chart: Already reminded before: 2340+2290 Already reminded: Only by maintaining a short-term anti-Dan state can there be a chance of rising Only if you keep rising will you have a chance to rise It has stood above 2340 and started to rise slightly in the short term. Stay above 2350--65, strengthen in the short term Staying above 2385, it has risen...
As for gold, the US market retreated after yesterday's new high of 2450, bottomed out and rebounded, and the daily line closed in a cross. There are several technical points: 1. Today, it directly rose and broke the high, forming a watershed morning low of 2408. This extremely strong market must be a bet on the rise of the European market. On the one hand,...
On Tuesday (May 21) in the European session, gold rose by about $15 in the short term and is currently trading at 2414-2422. Gold hit a record high of $2450 on Monday due to the news of the death of the Iranian president, which also triggered a discussion on whether gold has the hope of hitting the $2500 mark in the short term. However, as the US session...
Immediately after hovering to create a brand new document excessive in history, gold encountered profit-taking pressure. However, robust assisting elements assist this treasured metallic stay above the critical threshold of 2,four hundred USD/ounce. In the close to future, analysts nevertheless assume gold expenses to upward thrust higher. However, they advise...