GOLD - Ascending Triangle into new All Time HighMarket Context
Gold has been steadily climbing, forming an ascending triangle pattern over the past few months. Buyers continue to defend higher lows, while sellers repeatedly reject price near resistance. This type of structure often signals building pressure, with volatility likely to expand once
About CFDs on Gold (US$ / OZ)
Gold price is widely followed in financial markets around the world. Gold was the basis of economic capitalism for hundreds of years until the repeal of the Gold standard, which led to the expansion of a fiat currency system in which paper money doesn't have an implied backing with any physical form of monetization. AU is the code for Gold on the Periodic table of elements, and the price above is Gold quoted in US Dollars, which is the common yardstick for measuring the value of Gold across the world.
XAU/USD | Breakout in Progress – Are You Ready for the Next ATH?By analyzing the gold chart on the 4-hour timeframe, we can see that, as expected from our analysis two days ago, the price began its bullish move from the $3383 zone and successfully hit all four targets at $3393, $3398, $3404, and $3409 — but it didn’t stop there! Gold continued its rally beyond t
XAUUSDHello Traders! 👋
What are your thoughts on XAUUSD?
Gold has been moving within a medium-term ascending channel and recently managed to break above a major resistance area that had previously rejected price multiple times.
Currently, the price is facing a psychological and technical barrier at the
GOLD → One step away from 3500. Consolidation. What next?FX:XAUUSD has been rallying towards 3500 since the opening of the session, and the market has every chance of testing this level. Consolidation or correction may form before the next breakout...
Gold resumed its growth at the beginning of the week, reaching five-month highs around $3480 amid d
XAUUSD: Ready for the Next Breakout?Hello, let’s take a broader look at OANDA:XAUUSD together.
Last Friday, gold surged strongly. The precious metal is now moving around 3447 USD and has become more attractive than ever.
So, what’s next for gold?
From an economic and market perspective, gold is benefiting from ongoing uncertaint
GOLD (XAUUSD): Road to ATHGold has been consolidating within a wide horizontal range since the end of May,
on a daily timeframe, and we see a test of its resistance at the moment.
A decisive breakout above the daily resistance cluster would clearly signal a bullish continuation.
I anticipate that the market will soon rea
Gold Hits New ATH – Is a Bearish Crab Reversal Next?Gold ( OANDA:XAUUSD ) started to rise today after the release of the
ISM Manufacturing PMI index formed a new All-Time High(ATH) .
The question is what price range could the new ATH price range for gold be in?
Gold is currently moving near the Potential Reversal Zone(PRZ)($3,557-$3,531)
GOLD → Bullish trend. Pullback before growthFX:XAUUSD continues to gradually storm the 3375-3405 area, paving its way to strong resistance at 3410. The fundamental background is relatively positive, with a bullish trend.
Gold has retreated slightly from its two-week peak ($3400), but retains its growth potential against the backdrop of
Gold may make correction, after strong upward movementHello traders, I want share with you my opinion about Gold. The prolonged period of consolidation for Gold has decisively resolved to the upside, following a powerful breakout from a multi-week symmetrical wedge. This event signalled a clear shift in market control to buyers, invalidating the prior
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.