SibiSh

SibiSh Updated 

XAU/USD remains under bearish pressure on the 4-hour timeframe. Until price breaks and closes above $3,336 with strength, selling the rallies remains a preferred strategy. However, watch for potential bounces near support zones, especially if momentum weakens or reversal candles appear. The price is currently trading below both the 50, 100 and 200 EMA, indicating...

SibiSh Updated 

Very simple and clean chart with Bear flag pattern. If it breaks then hoping for retrest of 3300 area or more down.

SibiSh Updated 

Gold (XAU/USD) remains within a strong bullish structure on the 4-hour chart, trading inside an ascending channel. Recently, price attempted to break above the key resistance near $3,450 but failed, leading to a minor pullback toward the mid-channel area around $3,428–$3,430, where buyers are currently defending support. The key support remains at $3,394–$3,400,...

SibiSh Updated 

Gold is currently maintaining a strong bullish structure on the 4H timeframe. Price is forming higher highs and higher lows, following a well-defined ascending trendline starting from the $3,125 region. Buyers are actively defending the structure, showing sustained strength. Short-term consolidation or minor pullback before a breakout. If the price sustains above...

SibiSh Updated 

Gold is currently trading around $3,350, showing signs of consolidation after recent gains. Technical indicators suggest a cautious approach, with key resistance at $3,365 and support at $3,345. Market sentiment remains bullish due to ongoing geopolitical tensions and economic uncertainties. Traders should monitor these levels closely and manage risk...

SibiSh Updated 

Gold (XAU/USD) is trading around $3,270 area, exhibiting a bearish trend influenced by technical breakdowns and macroeconomic factors. Gold is currently under pressure, with technical and fundamental factors aligning to suggest potential for further declines. Traders should monitor key support levels and upcoming economic data releases for signs of a reversal or...

SibiSh Updated 

Gold (XAU/USD) is trading around $3,340 - $3,350 area, exhibiting a bullish market structure characterized by higher highs and higher lows. The price has recently tested the resistance zone between $3,330 and $3,350, a level that has previously acted as a ceiling for upward movements. A decisive break above this resistance could pave the way for further gains,...

SibiSh Updated 

XAU/USD (Gold) is trading around $3,308.60 and is showing a clear bullish trend on the 1-hour timeframe. Both the 20 EMA and 50 EMA are trending below the current price, confirming short-term bullish momentum. The nearest support zone is between $3,270 and $3,286, a level that has previously attracted buyers. On the upside, the resistance zone lies between $3,330...

SibiSh Updated 

Gold is moving within the range at the moment and trying to break 3320. The price bounced from the higher low and is currently testing a key resistance zone around 3320. While the pair remains within the broader upward channel, early signs of rejection could trigger a pullback toward the support level. For bulls to maintain momentum, a clear breakout and hold...

SibiSh

XTI/USD is currently exhibiting bearish technical signals, with key indicators pointing towards potential further declines. However, the presence of oversold conditions suggests that a short-term rebound could occur if prices find support at current levels. Traders should monitor the $60.13 support and $61.38 resistance levels closely, as breaks of these levels...

SibiSh

The price of gold continues to drop below the psychological 2600 level and now its looking for 2500. There is possibility that it may go up but not much, all depends on the buyers and today's news. Right now it has touched its 2530 area and if it retest it then most probably it will go more down to touch the 2500-2502 and then move up but how much still nothing...

SibiSh

The price of gold continues to drop below the psychological 2000 level and on Wednesday, during the Asian session, it hits a new two-month low. The Federal Reserve (Fed) may decide to hold off on decreasing interest rates until its June policy meeting, according to rumours stoked by a stronger-than-expected US inflation report released on Tuesday. This is one...

SibiSh Updated 

Here is my thinking for coming days. Gold can move up from 2025-2026 area. It has touched our first target of 2025-2026 . It can move up to 2055 and if it holds it then can move up to 2065 . For the completion of M patten gold should hit at least 2065 or for more confirmation it should touch 2088 . On the down side if it cant hold 2025 support then it...

SibiSh Updated 

Gold moved up as expected but its movement was very fast and it touched its main resistance 2065-2066 and back to support of 2055 . For upward movement it should hold its support area of 2055-2046 otherwise it will go down to 2031-2030 . Right now its forming M and may be it will retest its top 2080's area. After creating M and double top it will be down...

SibiSh

yesterday after FOMC Gold price attracts some buying for the fourth straight day on Thursday and moves back closer to over a two-week high, around the 2056 area touched the previous day. Gold price was already up before the FOMC and after that it cant hold his main resistance 2056 and down to 2040 area which is also looking weak atm. The US Dollar (USD)...

SibiSh

Gold price (XAU/USD) ticks lower during the Asian session on Wednesday and retreats further from a two-week high, around the 2048-2049 region touched the previous day. The overnight failure to find acceptance above the 2040-2042 supply zone and some follow-through selling below the 50-day Simple Moving Average (SMA), currently around the 2030-2029 region,...

SibiSh Updated 

Gold is still moving within range of 2020-2030 from few hours. Here is my short entry atm... Be careful to enter in trade. SL: 2043 TP1: 2016 TP2: 1996 It has touched it day time high 2038 in Asian market and hopefully it will retest 2000 area as well. Note Please never follow anyone blindly and always remember following key points: 1- First and Last...

SibiSh

Gold is still there where I left it few days ago. I have already mentioned in my charts that it will move within range of 2000 - 2077. Right now on daily chart main resistance is 2077 while support is 1988 . Gold price attracts some dip-buying during the Asian session on Tuesday and recovers a major part of the overnight modest losses. Geopolitical tensions...